Reference no: EM132395446
Principles of Project Management - Laureate International Universities
Learning Outcomes - Successful completion of this assignment will result in achievement of the following subject learning outcomes:
1. Understand PMBOK knowledge areas and process groups and their role, relevance and impact on project management best practice and PMI's Code of Ethics.
2. Critically compare and contrast project management approaches and their appropriateness for managing a variety of project types.
3. Apply appropriate project management tools and techniques, paying particular attention to risk management.
Context: A project is a temporary endeavour undertaken to provide an expected and beneficial outcome. A project life cycle is the series of phases that a project passes through from its initiation to its closure. Project goals should align with organisational goals such as improved operations or increased revenues, reducing costs or improving efficiencies.
Before resources can be committed to a project, the reason for its proposal and the benefits it is expected to deliver need to be understood by people in positions empowered to make decisions about the expenditure of an organisation's resources. The selection of organisational projects is typically performed through a method of classification and review of the project's business case. That method of course should be applied consistently to all project proposals.
Instructions: For this assessment, you research different methods of selecting projects and examine the initiation process. You also consider the Project Management Body of Knowledge (PMBOK) guide and, more specifically, explore the initiation documents.
Assessment - Project Selection Methods and Initiation Documents
In essay writing, use the given/approved project throughout this assessment.
As you have discovered in your learning resources, examine project selection methods that can be applied appropriately to the given project and processes to conduct these methods. Consider the Project Management Body of Knowledge (PMBOK) and describe the initial process group and project documents that are created or used as inputs for a new project. Your assessment should contain 1500 words.
Attachment:- Principles of Project Management Assignment File.rar