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Q1) Suppose you are the project manager of a team of software specialists working on a project to produce a piece of application software in the field of accounting. Identify some items that might go wrong during this type of project (i.e., what are some of the risks in this project) and discuss how you, as the PM, would assess and respond to such project risks.
What are the benefits of project management? Provide an example of how you have relied on project management.
This assignment will summative assess the following learning outcome: it should be able to apply and demonstrate an understanding of Various performance strategies and techniques.
What is an example of expected-value decision rule in a workplace?
Why does the "proper" operation strategy keep changing for companies that are world-class competitors?
Why is it that organizations undertake information system (IS) projects.
Why are the Project Charter and Project Scope Statement artifacts critical to the success of a project? Describe some of the key elements of these artifacts.
The Personal Company, which manufactured personalized restaurant accessories, received a telephone order from Olive, the owner of a seafood restaurant, for $600 worth of napkins imprinted with the name of her restaurant
What are the advantages and disadvantages of micromanagement? What are the advantages and disadvantages of a emphasizing relationships over accomplishment of specific project goals?
How do these traits contribute to effectively managing the execution of a project?
Given the fact that a project's resources requirements are clearly spelled out in the projects action plan , why are PM's so concerned with resource allocation?
Identifying the ways in which project selection affects risk. Explain how these risks can be reduced.
Explain meaning of contingency fee.
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