IT390: Project Management-
Module 4 Midterm Exam: Part II
1. What is the difference between leadership and management? How do these two terms relate to a project manager?
At first glance, the terms leadership and management may seem synonymous and the temptation to use the terms interchangeably; however, there is a difference between leadership and management.
Leadership is about setting a vision for a group, team or entire business and seeing a course for a new direction. This new direction is based on long term goals for the business and good soft skills are necessary in order to motivate people in this direction.
Management is more about the day to day operations of a project. Making sure that short term goals are met…show more content… Conflict and power are key issues. • emphasis is on tactics and strategies---not conflict resolution
Symbolic frame: • Focuses on symbols and meanings related to events. Culture is important. • seeps into the culture • maintain image of accountability and responsiveness; negotiate a new social order
3. What is a work breakdown structure?
A WBS is chart that displays the critical work elements or tasks of a project. They are illustrated to show their relationships to each other and to the whole project. The diagrams of the WBS can help a project manager predict outcomes based on many different scenarios, which can ensure that the top decisions are made about whether or not to adopt recommended procedures or changes.
4. What is a weighted scoring model? How is it created?
A weighted scoring model is a tool that provides a systematic process for selecting projects based on many criteria: First identify criteria important to the project selection process. Then assign weights (percentages) to each criterion so they add up to 100%. Then assign scores to each criterion for each project. Multiply scores * weights = total weighted scores. The higher the weighted score, the better
5. List and briefly describe the five main processes involved in project scope