Project Management Essay example

2581 WordsNov 15, 201411 Pages
BSBPMG522A ASSESMENT 2 ANSWERS Q.1 - List of 6 different legislation, organizational policies or procedures that may impact on project implementation are as follows: a. The cabinet approval process. b. Office of Parliamentary counsel. c. Consultation wiyh Local Government and National Competition Policy. d. Consultation with other key Stakeholders. e. Tabling in Parliament. f. Timing of Commencement of the Act. Q.2 - Project stakeholders are individuals and organizations that are actively involved in the project, or whose interests may be affected as a result of project execution or project completion. They may also exert influence over the project's objectives and outcomes. If my project starts slipping than I would start the following…show more content…
"The outsourced arena is getting more competitive," notes Mr. Reiling, who says that at least for the United States, it may be more cost and time efficient to hire locally these days. If your organization operates in a country saturated with qualified unemployed job-seekers, the same may be true. 4. Technology For IT projects, determine if the technologies being produced have long-term value to warrant the investment. "I have seen many projects abandoned as the technologies involved have moved on or the market appetite has changed overnight," says Haroon Malik, PMP, solvency II portfolio manager at Genworth Financial, London, England. Also consider whether the staff in the operations group has the necessary technical skills to use the product once it is complete. If not, "you'll need to leave room for error and build time into the project to accommodate learning and take care of quality issues along the way," Mr. Reiling says. 5. Organizational Priorities Organizational strategy and goals should always be considered when choosing projects. "It's a mistake to take into account only the ROI and overlook how a project will add value to the company's long-term strategic function," says Christian Andrade, PMP, PgMP, CIO of CdF International and financial director of Fumex Tabacalera in Salvador, Brazil. Projects must speak to high-level organizational priorities. What is upper management thinking in terms of future direction? For example, your
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