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QUESTION
(a) The project organization structure clearly identifies the relationship between project team members through defining their duties, responsibilities and lines of authority. The most common project organization structure is the Matrix organization, elaborate on the advantages and disadvantages of this structure
(b) Project lifecycle is a logical sequence of activities used to accomplish the project's goals and objectives. Regardless of the scope or complexity, any project goes through these stages during its life
(i) Elaborate those stages in a project life cycle
(ii)Discuss the effects of scope changes or influences with respect to the level of effort on the different phases of the life cycle
(c) Briefly elaborate on the importance of the project closeout report
1. Which product /service you propose to work on this quarter? From which company? Which product category does it belong to? Describe the product/service you will market briefly.
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Backward Integration A strategy in which an organization builds competitive benefits by controlling the provider of the raw materials needed to make its products.
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Describe the roles of the sponsor. The sponsor’s role is to signify the organisation commissioning the project and to create the main business decisions relating this. The spon
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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
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