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Q1) As Richard H. Thayer justly states: "A plan in the mind of a man is not a plan."
Taking a cue from the above, planning is a scrupulous effort that needs to be well documented in order for projects to succeed.
In your experience, what projects have you seen fail (or terminate abnormally) for which you think the planning was not well thought out?
Q2) What do you think should be measured on any given project?
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.
Why is integrity an essential component of ethics leadership? Integrity is displayed when people act in ways that are always honest and credible, and consistent in putting one's values into practice.
What is the expected time to complete a task with optimistic, most likely, and pessimistic times of 3, 4, and 7 days, respectively?
Identify some of the sources of the problems the project faces.
How does the development of project software compare to other methods of scheduling.
What is the revised completion time for the project if duration of activity E is 3 weeks?
Consider an office environment with which you are familiar. Over the past decade, what changes in the way the office operates (including communication, document preparation, and scheduling meetings)
As project manager, what would you do to estimate a project's time and costs when there are so many unknowns?
Assuming a risk-free interest rate of 5%, which of the following statements about the project is FALSE? The net present value of the project is positive.
Describe the importance of project sponsorship and leadership when it comes to escalating decisions during a project.
If you don't have personal experience with a project, research how project management practices have made projects successful.
Explain the rationale behind time and cost estimation methods and why you would chose one method over another.
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