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Project Management
A. What is the definition of a project? What are some of the elements that differentiate a project from maintenance work? How does a focus of a project affect the business direction and orientation?
B. What is a project life cycle? How do project life cycles differ among organizations? To what degree does the structure of the project lifecycle used by the organization affect the project manager's job? Explain your answer.
C. What is a project stakeholder? What are some examples of project stakeholders? How are projects affected when stakeholders are not identified and addressed early in the project?
D. What are three project selection criteria? What do you think is the most important information required to select a project? How would you explain to your manager that a project that was important to his or her department is not good for the organization based on the selection criteria?
Find an example of a company that took a big risk on an information technology project and succeeded.
Questionnaires and Surveys are well established techniques for assessing project risk
Communications management process - Project Management Book of Knowledge states that Communications Management includes the following processes
Describe the risks - what may adversely affect the project's ability to succeed. Consider the amount of change, attitudes toward project management, cultural differences, different priorities by business unit, etc.
You just have been instructed to develop a schedule for introducing a new product into the marketplace.
Develop a cost analysis of the above items relating to the library project so we have hard numbers to work with and have a monetary value for reporting and audit purposes.
Explain what type of tools and methods could be recommended to a large corporations that is best suitable for VTC?
the projects cash flow estimates are real or nominal and is the 14.5% cost of capital a real or nominal rate? Is the current NPV biased, and if so, in which direction?
As project manager, what would you do to estimate a project's time and costs when there are so many unknowns?
Prepare strategy for stakeholder communication, participation and consultation and High Risk Hazards
Critically analyse the concept of risk; discuss how it can be measured and ranked and outline how a project risk management strategy may be constructed.
Some changes to your program. Discuss and begin to prepare plans among your group members how you will go about making modifications you should make to keep your sub-project on track.
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