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- 1. An objective must be SMART. What does SMART stand for? Explain each of them. S M A R T 2. In making a project plan, we should first define/determine the problem. What do you think is the reason behind it? 3. Enumerate the project planning steps. 4. Why is planning important in project management? Give 5 reasons to justify your answer. I need it in 30 mins asapThe importance of creating a plan is to ensure that the project goals are defined and met. Also, it is crucial to understand that projects are living activities—circumstances change, risks that previously identified become a reality, and obstacles that were not previously identified come to light. Those are only a few reasons why project plans need to adapt to changes in the project environment. Describe a time when you participated in a project and how it was or could have been affected by cost and schedule.1) List and explain the phases that mark the life of a project. 2) For each project phase identified in 1(a) above, describe at least four (4) projectactivities/processes performed in the phase. 3) With the use of a diagram, show (illustrate) the typical levels of uncertainty or projectrisks associated with each phase and throughout a project.
- Traditional projects focus on long-term planning and stability. Laufer, Hoffman, Russel, and Cameron (2015) suggested that project managers also have to deal with the following: a)Events that are big and events that are small b)Events that could have been predicted but were not c)Events that were managed poorly d)Events that could erode the project manager's authorityExplain, in your own words, the relationship between a project network and a project plan. Can a project plan be created without a project network? Why or why not? Provide a specific example and evidence from the readings to support your response.2b. Give examples of the five main types of project closure. Discuss the circumstances in which you would expect them to occur.
- 1. Define what a Gantt chart is relative to project planning. a. Today is May 10th, what can you determine about the status of the project?Project planning requires four main elements to be estimated i) mentione those elments ii) ndicate your answer with an example to explain how to estimate thise four mail elementsCritically assess and comment on the success of the project from the followingviewpoints: a. Level or degree of alignment of end results and outcomes to the organization’sstrategic goals.b. Level of success in the management of the triple constraints of time, cost, andscope.
- Give some instances of ethical dilemmas that may develop over the course of a project. What can a project manager do to alleviate these concerns?What is the importance of a Project Charter?1. Why is project cost control important? 2. Explain two ways to control costs using the advanced technologies studied in Unit 2. 3. Who creates the initial cost estimate and updates project costs as actual data is available?