A temporary endeavor which uses a series of tasks that have specific objectives with certain specifications, defined start and end dates, have funding limits, consume resources, and create a lasting and unique outcome is said to be a “ PROJECT”. With at least five examples, discuss the importance of those projects to Humanity.

You are conducting a small IT project. The duration of this project is 30 days, and you have allocated $60,000 for it. Your manager asked you to check how the project is doing financially at the end of day 25. You have spent $40,000 and completed 95% of the work. Calculate the following values for the project so far. The cost variance (CV). The cost performance index (CPI). How is the project doing, is it under budget or over budget? Use the CPI to calculate the estimate at completion (EAC) for this project. Is the project performing better or worse than planned?

You are conducting a small IT project. The duration of this project is 30 days, and you have allocated $60,000 for it. Your manager asked you to check how the project is doing financially at the end of day 25. You have spent $40,000 and completed 95% of the work. Calculate the following values for the project so far. The cost variance (CV). The cost performance index (CPI). How is the project doing, is it under budget or over budget? Use the CPI to calculate the estimate at completion (EAC) for this project. Is the project performing better or worse than planned?

Discuss the elements of monetizing and governing the project's work.

One of the staff members who reports to you has requested holiday, but you are reluctant to grant the leave because during the same period your department is will be involved in a major new project. You understand that the leave in important to the staff member who wants to spend the time with his/her young children, but the project has national significance. Write an email to your manager explaining why you do not want the staff member to go on leave at this time. Provide any details which you consider relevant to support your position.

Describe at least two techniques for reducing project duration. Why is it important to have a solid understanding of more than one technique in project management? Support your answer with an example.

In what ways can underestimation or overestimation of costs impact a software project's success?

What are the benefits and drawbacks of using a pre-existing model as a jumping off point for a project, as opposed to starting from scratch?

Which of the following are major characteristics of projects?  Choose all that apply.     Has a defined life span with a beginning and an end     Requires all project activities to be completed by the same team     Has specific performance, time, and cost requirements     Has an established objective

In Project Management, can you justify the following statements: Discuss the statement: Failing to define what is not part of the project is just as important as failing to define what is part of the project.   Discuss the importance of top management commitment and the development of standards for successful project management.   Provide examples to illustrate the importance of these items.