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Project Lifecycle and Scope Management
1. The Project Management Institute defines a project as, "it has a beginning, a middle and an end." With that said, is this all the project management lifecycle is? Please explain.
2. Scope management means different things to different people. What is the definition of scope management in your organization and why is this definition used in your organization? Please explain.
What is the importance of project management? Describe the role of the project manager in conjunction with project control.
Discuss: What are the pros and cons of employing the 9-step problem-solving model in daily life and in business situations?
This extension would cost $1 million. If annual revenues for Shoe-tek total $80 million, what is the amount to use as the annual sales figure when evaluating this project? Why?
Identify "Risk" in project management
Why are the Project Charter and Project Scope Statement artifacts critical to the success of a project? Describe some of the key elements of these artifacts.
What are the possible project costs that need to be considered when analyzing a project trade off?
Explain the importance of incorporating a budget into a project schedule.
Project managers often focus more on project needs and neglect the human resource aspect with little attention given to motivate the project teams. With short notes explain- (i) The expectancy theory of motivation (ii) The equity theorem
What were the project drivers in terms of problems and opportunities and go beyond what is state in the video to consider what the unstated drivers might have been
Describe five types of risk and discuss management techniques for eliminating, reducing, or mitigating each type of risk type.
Project absolutely makes sense to do from either an economic or strategic standpoint.
Identify the competitive advantage of an organization at which you work or have worked (or an organization with which you are familiar).
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