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Project Management Life Cycle Critique: IP
After presenting the CEO with your strategy based on a successful joint meeting held with the executive director of research and development and the executive director of sales, the CEO has informed you that that in fact she wants you to develop this plan according to the phases of the project management life cycle: starting, planning, executing, and providing closure for a project.
Identify the limitations of the project management life cycle theory in relation to your and 2 other project managers' plans.
Show the following with 2 other project managers:
Tell why the project management life cycle theory may be limited or oversimplified.
How would you improve the other project managers' plans if you were the project manager of their respective proposed projects? Be supportive yet constructive.
Find current trends in macro and microeconomics and critically examine market structures, consumer behavior, production costs, and international trade.
List and describe two techniques for risk identification, such as brainstorming, a Work Breakdown Structure (WBS), or a scenario analysis.
Develop a comprehensive project scope analysis. The conceptual development process, scope statement and statement of work that will clearly detail the projects.
Determine the expected time and variance for each activity.
what is the utilization rate for the bin area? what is the probability that there are more than three tucks in the system at any given time?
Develop a plan to calculate potential financial implications for a nationwide company of your choice. Provide a scenario in which a break-even sales analysis for reactive pricing would be the best option for a company.
Prepare a project to lay fiber optic cable - What is your SPI and what is your CPI
Plan for, and what modified internal organizational structure do you recommend to take place at the time of emergency or any disaster mishap?
Discuss the pros and cons of the checklist versus the weighted factor method of selecting projects.
Important information about Project Budget - What is the role of the project manager in determining budgets for these tasks
Different countries may have different laws and maybe some of their safety standards may be lower than ours.
Identify threechallenges a new product manager may be faced with in developing new products or services. Discuss ways you would cope with these challenges if you were in the new product manager's position.
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