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Final Paper The final six to eight page paper must demonstrate understanding of new learning in the field of project management. It is mandatory to have research from the classroom text, as well as two sources from the internet or online library to support your views. It is recommended to use examples from your professional experience where possible, or build from your learning in the discussion boards. (Suggestion: use at least one project of which you have been either a team member or a project manager as an example to describe the topics below): The following topics must be reviewed in order for the paper to be complete: Define project management and explain its importance to the business world. Explain project life-cycle management and the benefits of project management to an organization. Explain the concepts of planning in the project life-cycle and how research and critical thinking is mandatory in planning. Explain project organizations and the importance of leadership and sponsorship. Explain project team building, including techniques of successful team building. Explain how to create a work breakdown structure and how a project manager breaks down the overall project into packages. Explain the need for project management software in large integrated programs and the benefits to the overall project management organization. Writing the Final Paper
Question : (a) Under what conditions is PERT preferred to CPM in project management ? Illustrate your answer with examples of projects. (b) Several stages are involved in
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