IT PROJECT MANAGEMENT :EX 1.2 Define a project with help of example and explain briefly the Project Life Cycle and the phases involved?

Prepare a scope statement for developing an operations management laboratory. The laboratory will have physical cum computer simulations for operations management problems in which students can participate to get a close-to-real world experience operations management environment. The picture is a example. Make sure you include everything.

Problem 3: Kelly Melford Kelly Melford and her team are working on redesigning a client's home. The client requested Kelly for the project to be completed sooner. Kelly asked her assistant to collect information from her team on the project. Her assistant organized the information she got into a table. The information is given in weeks. Based on the information below, prepare a comprehensive report that includes the following: 3. Your insights on the cost-time trade-off for this project. 4. Your recommended strategy for crashing the project.

. 1. Project Scope & Constraints The new payroll system project has been approved. The new system will reduce clerical time and errors, improve morale in the payroll department, and avoid possible fines and penalties for noncompliance. The system must be installed by January 1st to meet new federal reporting rules, all expenses must be approved in advance, and the system should have a modular design if possible. The new system is expected to be announced in a year-end report if it is ready by mid-December. 1. Why is it important to define the project scope? How would you describe the scope of the payroll project in this case? 2. Based upon the project scope, identify the constraints, and determine its characteristics: present versus future, internal versus external, and mandatory versus desirable. 3. What questions would you ask to determine the feasibility of this project? 4. Given the project time constraints, could you shorten the typical steps in the preliminary investigation…