Projects are initiated or created for the following reasons EXCEPT: O a. To solve business, social and economic problems O b. To produce goods and services along the production line O C. To take advantage of a business opportunity O d. To respond to technological advancement in an industry
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- Which of the following best explains the reason for planning processes and activities in project management? O a. Adhere to the project management processes forwarded by the Project Management Institute (PMI). O b. Demonstrate your knowledge and skills as a project manager O c. Satisfy the sponsor's and key stakeholders' requirements O d. Provide a roadmap for project execution, and monitoring and reporting of project progress.include the elements related to project planning requested below. An employee has been appointed by the company he works for to make a plan for the creation of a new customer service department. To carry it out, he will apply project management concepts. The following is required: Establish what the initial requirements are for said project through a project constitution with all the required parts. You must use the terminology associated with project management.The articles of incorporation must include: a) Project overviewb) The components of the project teamc) A list of the project's stakeholdersd) Two (2) project objectives using the SMART guidee) The scope of the projectf) An approximate budget of the project costsg) Two (2) risks associated with the projectWhat are the main objectives of a project?a. The main objectives are to complete the project on time and on budget while fulfillingthe scope of the project.b. The main objectives are to complete the project on time and in the right location.c. The main objectives are to complete the project spending less money than in the budget and with an emphasis on employee satisfaction.d. None of these statements is correct.
- Which of the following happens during the starting phase of project management? Revise budget Assign tasks. Determine completion Solve problems. Establish team rules.Project management is a challenging task with many complex responsibilities. Fortunately, there are many tools available to assist with accomplishing the tasks and executing the responsibilities. Some tools and techniques require a computer with supporting software, while others can be used manually. Project managers should choose a project management tool that best suits their management style. No one tool addresses all project management needs. TASKS (a) Using examples, describe how project planning tools and techniques can be effectively categorized (b) Using examples, discuss what constitutes the project execution tools and techniques of project management.To obtain reasonable assurance about the completion of the project within the timeline, the best method is which of the following? A. To interpolate the end date based on completed work and resource availability B. To obtain affirmation from the project manager about the project completion date C. To compare the estimated end date and estimated time for completion of the project D. To extrapolate the end date based on completed work and resource availability.
- Incorporating project management techniques into the production process What is Project Management What are the 5 Phases of Project Management Process What are the Reasons for Project Failure Roles and Responsibilities of a Project Manager What are the Project Management Knowledge Areas the Project Management describes a structured approach to managing time, projects, resources, schedules, risks and other business aspects. It includes the following five stages: Initiating – assessing and defining the scope and goals of the Planning – developing a workflow, establishing a more detailed scope, allocating resources and building Executing – managing teams, monitoring timelines and resources, balancing stakeholder involvement. Controlling – tracking, reviewing and regulating the Closing – assessing project results, key strengths and weaknessesb) Explain your approach to improve project delivery with the adoption of project ‘operational planning’. c) Explain your approach to using project product breakdown structure as opposed to work breakdown structure on a project you have been tasked to perform.The process of measuring performance, taking corrective action, and reviewing and regulating project progress to assure that the project is on track to meet its goals and meet the performance objectives defined in the project management plan is known as Select one: a.Monitor and Control Project Work process b.Direct and Manage Project Work process c.Develop Project Management Plan process d.Perform Integrated Change Control process
- An accepted deadline for project approaches. However, the project manager realizes only 75% percent of the work has been completed. The project manager then issues a change request. What should the change request authorize? Can you explain this.In the realm of project management, planning plays a central role in ensuring the successful execution of tasks within a specified timeframe. It involves breaking down complex projects into manageable phases, identifying dependencies, and assigning responsibilities to team members. A well-crafted project plan not only provides a clear timeline for each task but also allows for effective coordination among team members. Additionally, it serves as a communication tool, aligning everyone involved with the project's objectives and expectations. Regularly revisiting and updating the plan as the project progresses helps in adapting to changing circumstances, ensuring that the team remains agile and responsive. Ultimately, a robust project plan is instrumental in mitigating risks, optimizing resource utilization, and achieving project goals efficiently. Question: How can dynamic adjustments in a project plan contribute to the overall success of a project, especially when faced with…A company accepts a proposal from a third-party vendor to provide staffing. Which of the following documentsshould the project manager create NEXT? A. SLAB. SOWC. LOID. RFQ