2 Quèstion 18Which of the following is a true statement regarding project lifecycles?Itorative-phasing of a multi-phased project is typical in a changing business environment.b.Stakeholders have the highest level of impact on a project as it is condluding.Overlapping multiple phases of a multi-phase project is most appropriate when risk is high.The multiple phases of a multi-phase project are collectively known as the product lifecycle.

The project life cycle consists of four phases, Initiation: Includes developing project proposals…

Answered: Which of the following is a true…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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QUESTION ONE (1) a. What is a project? b. How is a project different from what most people do in their day-to-day jobs? c. List at least TWO (2) name of the popular certifications provided by the Project Management Institute? d. Discuss the at least TWO (2) relationships between projects and programs.
Question 4a) ‘project success is imbedded in project manager’s soft skills’ explain? b) To what extent does corporate knowledge base improves organizational process assets in project organization? c) What is the justification in setting up project monitoring and controlling system?
Question 5transaction processing system is an ICT project being undertaken to enhance organizational performance. the following as a Project Manager:a) How would the project manager identify the project scope and organize your work breakdown structure? b) How would the project manager make use of the Gantt-Chart to facilitate your project delivery? c) How would the project manager make use of critical path analysis to identify the project critical activities
[Question ] Define the project management, explain the featurs and list what helps project to succeed.List and describe the project stakholders responsibilites.The Key to Overall Project Success is a good Project Integration Management. Discuss the concept and process.
QUESTION 1 Your organization has signed a new project contract to install 12 electric generators. The Budget of the project is $120,000 ($10K per electric generator). The duration of the project is 12 weeks (1 electric generator per week). First scenario: At week 2: •3 electric generators installed. •$28,000 spent to date. Second scenario: At week 6: •5 electric generators installed. •$57,500 spent to date. According to the above scenarios, how are you going to answer the following questions? 1.Are you ahead or behind schedule? 2.How efficiently are you using your project’s time? 3.When is this project likely to be completed? 4.Are you currently under or over budget? 5.How efficiently are you using your resources? 6.What is the remaining work likely to cost? 7.What is the entire project likely to cost? 8.How much will you be under or over budget at the end?
Question 1 Describe two different types of software that can assist in project quality management. Question 2 What are the three main outputs of quality control? Question 3 Explain what happens during the cost budgeting process. Question 4 Why do you need to have a scope statement if you have a good project charter and WBS? Question 5 How does project management relate to other disciplines?
Question 2a) Why is project charter an important project management tool? b) Explain how a project manager will go about incorporating project scheduling to guarantee your project success. c) At what stage is project needs assessment or appraisal needed? Explain
Question 44 Given the activities, time estimates and dependency relationships: Duration (days) Activity Predecessor Optimistic Most Likely Pessimistic A *** 3 5 13 B *** 4 7 10 C A 5 7 15 D B 8 9 22 What is the probability that this project will be completed within 22 days? Group of answer choices 0.4418 0.8413 0.9429 0.9544
QUESTION 1 Project management is the process of applying skills, knowledge and techniques by leading team work towards achieving the project goals within agreed time and budget according to the project acceptance criteria. You are assigned by your company to produce a prototype as demonstrated in Figure 1, Figure 1 Discuss project success factors and detail the influence of each factor towards others. Describe optimised risk assessment as one of the project management benefits of this product.
Subject : project management Q. What is meant by "Milestone" and why is it important a Project Manager to have for them?
Question 5 Work Breakdown Structure (WBS) is defined as deliverable-oriented of projectelements that organizes and defines the total work scope of project. Elaboratethe statement"deliverable-oriented grouping of project elements thatorganizes and defines the total work scope of the project.
Subject project management Q. What is meant by "Strategic Objectives" and why is it important for a Project Manager to be aware of them?

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