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Project Management Life Cycle Critique: IP
After presenting the CEO with your strategy based on a successful joint meeting held with the executive director of research and development and the executive director of sales, the CEO has informed you that that in fact she wants you to develop this plan according to the phases of the project management life cycle: starting, planning, executing, and providing closure for a project.
Identify the limitations of the project management life cycle theory in relation to your and 2 other project managers' plans.
Show the following with 2 other project managers:
Tell why the project management life cycle theory may be limited or oversimplified.
How would you improve the other project managers' plans if you were the project manager of their respective proposed projects? Be supportive yet constructive.
What are some of the ways that a project manager can use budgeting plans to track and compare actual data on project progress?
What kinds of scheduling constraints are common? What factors might intervene between the plan and its execution to disrupt the resources assigned to the project?
When performing a Cost Benefits Analysis (CBA) CBA, how do you validate assumptions and apply reasonable costs?
Based upon the above discussion, identify which of the two marketing/advertising campaigns is more effective in application of behavioral science concepts and discuss the reasons for your opinion.
What is the purpose of Pareto improvement? A public project produces the following individual benefits for stakeholders state in terms of present values when an appropriate social discount of 15% is used.
What is the five-layer behavioral model? What are some other models that can assist in team building?
The sale price is estimated at $14 a unit, give or take 5 percent. What is the earnings before interest and taxes under the BEST case scenario?
Define a production system. How does the concept of a production system help in the understanding of OM?
What are the differences between qualitative and quantitative risk analysis? Explain.
If a project manager took a hierarchy structure when the company is generally used to a very flat organization, people could feel there is a lot of red tape and take more time to complete tasks.
How and why does that organization evaluate project complexity?
The project life cycle typically passes through four stages: definition, planning, execution, and delivery. Do situations exist in which projects may not pass through each of these typical stages?
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