Tools use to ensure projects are in control

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Reference no: EM1339061

Q1) What are the benefits of project management? Provide an example of how you have relied on project management. Based on your readings, how can you improve your project management skills?

Q2) What is meant by project control? What are some tools and mechanisms that we can utilize to ensure projects are in control?

Reference no: EM1339061

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Project Management Questions & Answers

Risks introduced by change in plans

What are the risks (adverse effect) that are introduced by this change in plans?

Changing the degree of operating leverage

How does this change the degree of operating leverage? Now recompute the operating leverage assuming that the entire ¥ 33 billion of costs are fixed.

Characteristics of effective project manager

Fully explain and describe the functions and necessary characteristics of an effective project manager.

Developing policy for reducing the hazard-incident

Develop a policy that is specific for reducing the hazard/incident.

Stakeholders and accounting ethics

Mike Singletary, president of Singletary industries, wishes to issue a press release to bolster his company's image and maybe even its stock price which has been gradually falling. Who are the stakeholders in this situation?

Determining critical path and project duration

Determine the critical path and project duration.

Stakeholders not communicate politely as project leader want

Stakeholders may not communicate as frequently or politely as a project leader prefers.

Flexibility do project managers exercise in situation

How much flexibility do project managers typically exercise in situations like this?

Computing project-s terminal year cash flow

Now suppose the equipment gets sold for $30,000 in five years. What is the project's terminal year cash flow now?

Development of project software and methods of scheduling

How does the development of project software compare to other methods of scheduling.

Scope creep and feature creep kill a project

How can scope creep and feature creep kill a project?

Explaining planning a scrupulous effort

Taking a cue from the above, planning is a scrupulous effort that needs to be well documented in order for projects to succeed.

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