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Nt1320 Unit 4

Decent Essays

Homework#2
Meetali Vaidya
Chapter 1 – Review Questions
1. What factors have the biggest Impact on IT project?
IT projects are influenced by various factors that ultimately cause a project to either reach successful completion or face heavy challenges. Planning is one of the key factors among these. Good planning comprises of determining project objectives, documenting those objectives, allocation of clear responsibility and accountability of various tasks, creating schedule by taking into account scope and budget specifications and continuous revision to the plan based on evaluation. Additionally, maintaining control over schedule, scope and budget, is another factor that plays an important role. Certain factors like organizational changes, technological changes etc also have a big impact on IT projects.
2. What are the key characteristics that describe a project?
The key characteristics that describe a project are:
1. A project is temporary
A project must have a beginning and an end. A project reaches its end when either, objectives of the project have been reached, it has been established that the project’s objectives cannot or will not be reached, or the project is no longer needed and is …show more content…

Stages are groups of activities that can be performed in series or parallel. Stage gates are structured decision points at the end of each state. They are needed between phases in order to make a decision of whether the project should continue with original objectives, should be terminated or should continue with revised objectives. The purpose of stage gates is also to allow sponsors to identify any failures and help in taking decisions for better utilization of resources. Stage gates make way for a standard and structured decision making process. However, good project management also suggests that too many gates can lead to excessive time getting spent on preparing gate reviews as opposed to actually managing the

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