In the literature, project success variously refers to “on time, within budget, to specification” completion; success of the product produced; or success in achieving the business objectives of the project. How can I apply or relate this definition to a creation of a business plan or project?

Explain what the Project Plan is and why it is important. What elements comprise the project plan? Which elements of the project plan are the most important?

Identify how the simulation project exercise qualifies as a project and identify the five major characteristics of the project.

Talk about your thoughts around the dangers of assuming during the business definition phase. What might need to take place to avoid high risk misconceptions about project scope and purpose

During the planning phase, the team is fully engaged in the development of scope of work, design criteria, key deliverables, execution strategy, project timeline, cost estimates and resource planning, however often there are important areas that could be overlooked due to time constraints or lack of focus. What are the critical aspects to oversee?

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

Provide a marketing plan that outlines the strategy, tactics, target audience for a project to promote an asset after completion.

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

Give an explanation of how earned value management (EVM) may be used to keep expenses under control and monitor the overall effectiveness of a project, and then hypothesise as to why it is not utilised more often. How can one determine if the data for cost variation, schedule variance, cost performance index, and schedule performance index are healthy or unhealthy? What are some basic rules of thumb?