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To ensure that this project is aligned with business goals. Based on experience at other companies, describe a situation in which a project was not clearly aligned with business goals.
Respond to the following:
- Explain a situation in which a project was not clearly aligned with business goals.
- Was the project successful? Why or why not?
- How could the project have been aligned more closely with business goals at the beginning of the project?
- Show the importance of strategic alignment in project management.
Business question: Project Management - explain what is included, as well as what is excluded.
Assess project worth through Present and Annual worth - Evaluate which alternative to recommend by the PW method and the AW method.
vision of the project advancement corporationas the project manager for advancement corporation you act as the ceos
Establishing a project objective is a critical component to the project. Why do you think this is critical? What happens if a project objective is not clearly stated or known?
What is the net salvage value of the asset? List the NET cash flows of year 1 through year 5.
Discuss classical probability vs. probability based on knowing an underlying probability distribution. How they are different?
Prepare the case for an optimistic sales manager who suggests that you should move ahead with the FMS now
Identify five common project risk strategies employed to address threats that your project may face. Give an example of each.
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?
What is the average number of customers in the system? (Do not round intermediate calculations. What is the average number of customers that are in service? (Do not round intermediate calculations.
Can an information systems project be managed? Or is the IT environment (and its connection to business) so complex and chaotic that any success is more a matter of luck than management skill?
Explain what steps can you take to determine the risks of your projects and what do you do about these risks?
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