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Why is it significant that the project team and the users develop and agree a process model for a project?
Any project is a cooperative venture among the clients/users and the suppliers/developers and this is significant that both parties have a clear understanding of what will occur, what time and what are their respective responsibilities. A process model gives a framework than both parties can see where they will be included and what their responsibilities will be at each stage. This also highlights the significant milestones in the project and enables the stakeholders to plan their time in order to be available when they are needed.
Question 1: (a) What is project management methodology ? (b) Why do you say that project management is the best method of implementing change ? Question 2: (a)
Net Present Value (NPV) analysis is a method of calculating the expected net monetary gain or loss from a project by discounting all expected future cash inflow and outflow to the
Question: (a) Projects are widely known for their tendency to run late and over-budget. (i) Choose an organization of your choice and briefly describe the main risks to
Question 1: i) How would you define a project? What are the different types of project that exist (please explain using a model with examples) ii) Enumerate and explain bri
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Risk Breakdown Structure for a Project Risk Breakdown Structure (RBS) is a hierarchical list of risks, which standardises the department's personnel resources that help in pla
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