Why project managers need to understand their organization’s mission and strategy
Q: In which phase of the project life cycle milestones are generated? Briefly explain
A: Project life cycle is a five stage process which including initiation, planning, executing,…
Q: clearly analys the difference between a project manager and a project leader
A: Project management is the management in which different types of knowledge and skills are needed to…
Q: Organisations manage more and more projects as a result of global competition influenced by rapid…
A: Scrum is an agile development methodology employed in the event of code-supported associate degree…
Q: What type of project organization is for a Travel/tourism agency? 1. Dedicated Team / Projectized…
A: THE ANSWER IS AS BELOW:
Q: Organisations manage more and more projects as a result of global competition influenced by rapid…
A: Below is the solution;-
Q: What challenges did you experience, while creating your project plan for organizing a destination…
A: Main challenges for organising a destination wedding : Travel Restrictions : Of direction we've got…
Q: Organisations manage more and more projects as a result of global competition influenced by rapid…
A: Scrum methodology can be defined as the agile development methodology. Scrum is flexible and…
Q: How are the project ideas identified?
A: Project ideas are produced through various sources like clients, contenders, and representatives. At…
Q: Explain why Project Managers need to understand the Strategic Management Process
A: Strategic management process refers to the process in which organisation implements its management…
Q: .Develop criteria 2.List assumptions 3.Gather data 4. Evaluate each opportunity
A: The Four Steps in the Project Selection Process using your own Project Example: 1.Develop Criteria:…
Q: Why is it necessary and unavoidable to follow project quality management?
A: Plan management entails a number of stages that must be completed in order for a project to be…
Q: essful project manager.
A: Effective project managers have a set of characteristics that contribute to their ability to steer…
Q: Give an example of a situation in which project management is needed.
A: Organization is a place where different tasks are done by many people to achieve some objective or…
Q: Explain the four frames of organizations. How can they help project managers understand the…
A: The four frames they proposed were; Structural, Human Resource, Political and Symbolic. The thought…
Q: Describe project portfolio and explain how portfolio management helps top management and the…
A: Management can be defined as the way of planning for the critical situation and making decisions for…
Q: Discuss when can the project organization work appropriately?
A: A project's organisational structure comprises three parts: the lead engineer, the project, and the…
Q: Why did the corporation choose a project manager from within the company?
A: A project manager is in charge of organizing, planning, and supervising projects inside an…
Q: Explain what are the ethical dilemmas that project manager faced with when dealing with project?
A: This could be something your coworkers or supervisors do, or it could be something you do on your…
Q: Distinguish between functional, matrix, and project organizations. Describe how each structure…
A: The difference between between functional, matrix and project organization can be listed down as…
Q: Describe the differences between the terms "product scope" and "project scope." Discuss how…
A: Project management is the management in which specific types of knowledge and skills are required to…
Q: Give some instances of ethical dilemmas that may develop over the course of a project. What can a…
A: Some of the ethical issues that would arise while managing projects are compromising
Q: Explain why did company select a project manager from within the organization?
A: A project manager plans, organizes, and supervises projects and directs project operations inside an…
Q: What the "project leadership and management" is all about, its main objectives, importance, and…
A: A project can be defined as a temporary task or endeavor which is undertaken to produce or…
Q: What is project scope and why is it important?
A: Project:- A project is a collection of tasks that must be finished in order to achieve a particular…
Q: Describe project integration management. How does it relate to the project life cycle, stakeholders…
A: The management is a cycle of preparation, dynamic, arranging, driving, inspiration, and controlling…
Q: Explain core and critical challenges faced by the project leaders
A: An example of a successful and bad project is a project manager. Each project leader must fight, be…
Q: Explain the following points, which are project manager's roles? · Strategic roles ·…
A: As per guidelines provided we are supposed to provide answer of one question at a time. Please…
Q: what are some of the reasons why objective project evaluation may be difficult to achieve?
A: Project evaluation is the assessment of ongoing or completed projects in a systematic and objective…
Q: Demonstrate why a trained project manager is required for difficult tasks.
A: Project management is the management in which different kinds of skills and knowledge are required…
Q: How does the Analysis Period differ from Project Live?
A: A project is an activity that is performed to produce the unique product & service. Project is…
Q: Describe the elements that must be addressed for an organization's and project management's…
A: Strategy is a long term planning to achieve objectives. It is an art of planning and managing the…
Q: Outline the role of a project champion
A: Project champions are those individuals in the organization who are from senior management and thus,…
Q: At what stage is project needs assessment or appraisal needed? Explain
A: Project assessment is the process that analyze the scope, scale, impacts and objective of the…
Q: Describe project integration management. How does it relates to the project life cycle,…
A: Presently, every single organization is executing up-to-date and active project management practices…
Q: Discuss the project leader major and most critical challenges?
A: A project manager exemplifies both the prosperous and poor aspects of a project. Each project…
Q: Why Project Management has become important for organizations in modern era?
A: Project management refers to when specific process and principles are applied so that a plan can be…
Q: Discuss when can the project organisation work appropriately?
A: A project's structure of the organization is made up of three parts: the lead engineer, the project,…
Q: the HBR article by Antonio Nieto-Rodriguez and analyse the main qualities that leaders need to excel…
A: The main qualities that leaders need to excel in a project driven world are as follows, 1.…
Q: Why Project Management Is Important?
A: Efficiency is the ability to reduce or eliminate the wastage of resources, money, and time in an…
Q: What strategy will you use as Project Manager to ensure that all stakeholders are informed of the…
A: The Project Manager is a key role in ensuring the success of a project. The Project Manager is…
Q: critically discuss whether measuring project success in terms of time, cost and quality is outdated?
A: Researchers studying project performance have not arrived at a consensus about what defines success.…
Q: State when can the project organization work appropriately ?
A: The organisation of a project is the framework within which decisions well about project's…
Q: The goals you seek to achieve any successful project manager?
A: A project manager is an expert who is answerable for all parts of a project from beginning to end.…
Q: What are the outcomes of Initial Project coordination
A: Initial project coordination can be defined as the first or initial steps that are required to start…
Q: With a perspective of burden on the student, what are the advantages and disadvantages of doing team…
A: Advantages of working in a team project are: Division of work: The major advantage of working in a…
Why project managers need to understand their organization’s mission and strategy
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- There are 11 project selection methods which are: Benefit measurement methodsBenefit/cost ratioEconomic modelScoring modelPayback periodNet present valueDiscounted cash flowInternal rate of returnOpportunity costConstrained optimization methodsNon-financial considerations. Which one of these techniques or methods are used in construction projects for the benefit of citizens?a) Provide FOUR (4) key decisions invalidating priority rankings in Project PortfolioManagement.b) Determining the location where to deploy the initial Project Portfolio Management (PPM) process is critical. Identify FIVE (5) main areas how the business can kick-start the Project Portfolio Management (PPM) process.c) Resource decisions are plagued with difficult challenges. The common pitfalls, in most companies; there are too many projects and not enough resources, and mismatches of skill-sets. Hence, mapping resource and demand is crucial. List any SIX (6) activities in conducting a resources assessment.d) Project Portfolio Management Team (PPMT)'s process activities must be integrated with other existing processes, with its interdependent relationships within and between product/service development processes and project management processes. Explain FOUR (4) main tasks of PPMT in establishing corporate visibility.How Can You Get to a Backlog of over 100 Projects? There are never enough resources to get everything done." Backlogs build over time. Sacred cow projects get included in the selection system. Projects proposed from people who have left the airline stil reside in the project portfolio. Non-value-added projects somehow make their way into the project portfolio. Soon the queue gets longer. With everyone in IT working on too many projects concurrently, project completion and productivity are slow. Which Projects Remain? To cut the number of projects, the steering committee used a weighting scheme that reflected the airline's priorities, which were: fly safe, generate revenue, reduce costs, and customer service. The weighting scheme easily weeded out the fluff. Coady noted that "by the time you get to the 20s the margin of differentiation gets narrower and narrower." Of the remaining projects, project sponsors had to have solid justification why their project is important. Reduction of the…
- Given the data for a project in table Q3, using the following assumptions: 1. 8 hours as working day 2. The company will work all days. 3. Maximum number of workers available per day is 6 4. Activities cannot be break down 5. Budget will distributed equally per day, except for activities (B, H and L), the payment will be after two days of working: means that the first payment will be at the end of day2, then day four and so on. 6. They estimate that the work will starts on the first of November 2017 Develop a report containing the followings: Date of finish BAD O GYEK 1. 2. Early start and Slack time for each activity 3. Resource histogram 4. Cumulative Budget baseline curve 5. Interpret the final report co Table Q3 Duration (Hrs) No of Workers Budget Activity predecessor A None 48 12000 64 32000 C 16 10000 32 4. 12000 B,C 32 8000 B,C 16 6000 G B,C 16 4 10000 H. 64 16000 3. 16 4000 32 1 12000 K 32 3 16000 H. 48 1 12000 Total Budget of RM150000B/U pe Activity A B D 11. A project has the activity duration and cost information indicated in the table where all times are in weeks. There is a penalty of $4,000 per week for every week the project exceeds 37 weeks. What is the lowest total cost for completing this project? Predecessor Time 18 11 A A B C E D Normal A H 12 15 3 19 Asbe de ABC' AMBBC RACE AB 7 8 12 6 Normal Cost Crash Time Crash Cost $22,000 $32,000 $62,000 $18,000 $35,000 $8,000 $23,000 $32,000 $56,000 $12,000 5 $18,000 19 $22,000 $9,000 $15,000 $5,000 $13,000 $20,000 $45,000 2 5 4The manager of the Oak Hills Swimming Club is planning the club’s swimming team program. The first team practice is scheduled for May 1. The activities, their immediate predecessors, and the activity time estimates (in weeks) are as follows: Time (in weeks) Activity Description Immediate Predecessor Optimistic Most Probable Pessimistic A Meet with board ------ 1 1 2 B Hire coaches A 4 6 8 C Reserve pool A 2 4 6 D Announce Program B, C 1 2 3 E Meet with Coaches B 2 3 4 F Order Team Suits A 1 2 3 G Register Swimmers D 1 2 3 H Collect Fees G 1 2 3 I Plan first practice E, H, F 1 1 1 a) What is the critical path? b) What is the project expected time? c) What is the probability of completing in 13…
- The manager of the Oak Hills Swimming Club is planning the club’s swimming team program. The first team practice is scheduled for May 1. The activities, their immediate predecessors, and the activity time estimates (in weeks) are as follows: Time (in weeks) Activity Description Immediate Predecessor Optimistic Most Probable Pessimistic A Meet with board ------ 1 1 2 B Hire coaches A 4 6 8 C Reserve pool A 2 4 6 D Announce Program B, C 1 2 3 E Meet with Coaches B 2 3 4 F Order Team Suits A 1 2 3 G Register Swimmers D 1 2 3 H Collect Fees G 1 2 3 I Plan first practice E, H, F 1 1 1 b) What is the project expected time? c) What is the probability of completing in 13 weeks? d) What is the…Roger Ginde is developing a program in supply chain management certification for managers. Ginde has listed a number of activities that must be completed before a training program of this nature could be conducted. The activities, immediate predecessors, and times appear in the accompanying table: Immediate Predecessor(s) Activity ABCDEFG This exercise contains only parts b, c, and d. b) The critical activities for the leadership training program development project are B A, D C E, F Time (days) 4 5 3 10 4 6 10You are the project manager of the software installationproject in Table 7.12. You would like to find the minimum-costschedule for your project. There is a $1,000-per-week penaltyfor each week the project is delayed beyond week 25. In addi-tion, your project team determined that indirect project costsare $2,500 per week.a. What would be your target completion week?b. How much would you save in total project costs with yourschedule?
- Project definition involves: Your answer: 1-identifying geo-social environment, econo-political environment, business environment, and internal environment. 2- identifying stakeholders, understanding their motivations,and prioritising and managing different stakeholders. 3- determining objectives, scope. and strategy. 4- Defining operations13. The Advanced Tech Company has a project to design an integrated information database for a major bank. Data for the project are given in Table 7.60. Indirect project costs amount to $300 per day. The company will incur a $150 per day penalty for each day the project lasts beyond day 14. Table 7.6 Database Design Project Data Activity A B C D E F G H Normal Time (days) 6 4 3 2 6 2 4 4 Normal Cost (S) 1,000 800 600 1,500 900 1,300 900 500 Crash Time (days) 5 2 2 1 4 1 4 2 Crash Cost ($) 1,200 2,000 900 2,000 1,200 1,400 900 900 a. What is the project's duration if only normal times are used? b. What is the minimum-cost schedule? c. What is the critical path for the minimum-cost schedule? Immediate Predecessor(s) A, B B C, D E E GQ You have been asked to select between three projects. Project A has a netpresent value of $54,750 and will take six months to complete. Project B hasa net present value of $85,100 and will take two years to complete. ProjectC has a net present value of $15,000 and a benefit-cost ratio of 5:2. Whichproject should you choose?A. Project AB. Project BC. Project CD. There is not enough information to decide Q Which of the following is a defect?A. A mistake made by a team member on the jobB. A change that the team needs to make in how they do the workC. A project management plan that does not meet its requirementsD. A change request that’s been rejected by the change control board
