What is hierarchical breakdown of work breakdown structure

Assignment Help Project Management
Reference no: EM1373268 , Length: 1300 Words

(1) Why is it important to have a project scope checklist? What are the major components and how should they integrate into the over-arching company mission/vision? Why is scope important? Do you have any examples of projects you are familiar with that have had problems with scope or project creep?

(2) What is the hierarchical breakdown of the Work Breakdown Structure (WBS)? Why might it be important? How should this help a manager determine resources to apply to tasks? How is it integrated into the Organizational Breakdown Structure? The Process Breakdown Structure?

(3) What is a responsibility matrix? Why is it important? What level of detail do you feel is necessary to effectively use this tool? Why?

(4) What is a critical path? Why is it important to know? In your opinion, what is the best way to manage a project if there are time constraints? Why? Give some examples.

(5) (Refer to the external link on Monte Carlo simulations, or use other sources in addition to the text discussion on risk assessment.) Why might a Monte Carlo simulation help a Project Manager assess risk? Is this a proactive process? How is an estimate associated with Monte Carlo simulations?

(6) What are some examples of project constraints? What in your opinion is the most problematic constraint in the case study you recently selected? What will you as the project manager do to mitigate the constraint?

(7) The text listed nine skills/traits that are associated with being an effective project manager. In your view, what are the most important traits? What about the least important? Why?

(8) Certainly rewards are a large part of why we go to work. There are times as a project manager where we may be asked to decide on the method of rewarding our project group. Which do you feel is better: individual rewards or group rewards when it comes to giving credit? Why? Can there be situations where you may change your mind?

(9) Why should contractors (or suppliers) and owners want to enter into a partnering arrangement with each other? Does it seem a bit counter-intuitive since both parties are generally trying to maximize profits?

(10) What does the Balanced Scorecard technique do for us? How is it different than other ways to measure progress? Is it practical to use for all projects, or would you recommend it for only more complex projects? Why or why not?

(11) Describe one or two of your favorite measures when tracking projects. What do you like about them? How could you see using them when monitoring the progress of your project?

Reference no: EM1373268

Questions Cloud

Cconomic expansions and contractions : If you think that your company's performance is not sensitive to general economic business cycles, then describe why it is stable as the economy moves up and down.
Explain the fiscal policy of united states : At present political campaigns, taxes and budget policy were key issues. White House budget packages are often created to stimulate economic growth.
Latest gdp of the united state : What phase of business cycle is the US currently in? Explain in detail. Determine the latest GDP of the United State? How has the GDP changed since the 2007?
Internal and external growth strategy : Compare and contrast between internal and external growth strategy. Identify a range of factors which might estimate whether an internal or external strategy is pursue such a growth strategy.
What is hierarchical breakdown of work breakdown structure : Explain one or two of your favorite measures when tracking projects and what do you like about them and how could you see using them when monitoring the progress of your project?
Macro economic important questions : As a portfolio manager whose company has investments in a country with a high level of debt what would you do to raise your companies profit or protect their interest if;
Implementation of monetary policy : Assume an economy is going through a Recession what type of Monetary Policy requires to be implemented through the Federal Reserve?
Determine effects of newly printed currency : Fed Chairman Ben Bernanke finally confess that the Fed has been printing more new currency over last some months to help stimulate the economy and more recently noted economy may not yet be out of woods,
Find non-zero christoffel symbols and the equations : find the non-zero Christoffel symbols and the equations, of the geodesic, for the two dimensional case of move-ment on the surface of a cylinder of radius and show that the transformation is an invariance transformation by finding the function A

Reviews

Write a Review

Project Management Questions & Answers

  What do you realize by term trade-off

What do you realize by term "trade-off"

  Processes of evaluating and valuing a project

Evaluating and valuing a project - Show the processes of evaluating and valuing a project.

  Purpose of the project management

Summarize the purpose of the Project Management Institute and provide your thoughts on the PMI methodology and the five phases of the project.

  Explain what is the organization

Organizations and communication - need help with final communication research project.

  Computing after-tax net cash flow of project

What is the after-tax net cash flow in the thirteenth year of the project?

  Why are pms so concerned with resource allocation

Given the fact that a project's resources requirements are clearly spelled out in the projects action plan and why are PM's so concerned with resource allocation?

  How do you exchange business cards

How should you handle the introduction, greeting, and handshaking and how do you exchange business cards

  Question related to project variances-earned value analysis

Explain what are the spending and schedule variances for the project? What are the SPI and CPI?

  Public activity in the u.s. economy

Provide the reasons why this activity is a major part of the public activity in the U.S. economy.

  Scope creep and feature creep kill a project

How can scope creep and feature creep kill a project?

  Investment and performance analysis

Evaluate the usefulness of ROCE

  Review the discussion of corporate culture

Can you use CAD, CAE, CAM, CIM, and FMS to manufacture better parts more easily - company's culture by observing the layout and design of its production facility?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd