List 5 major factors that enable a Project to be a success and briefly explain why they are important.
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- Q3. What is Project Scope Management? Discuss Project Scope and Product Scope. Why do you think preparing project scope management plan is important to be made?Question 3 a. One of the key phases of a project cycle is that of identification. Explain three ways through which a project could be identified b. Mention three key problems or challenges associated with Social Cost Benefit Analysis c. Identify and explain three challenges or difficulties associated with the application of Potential Pareto Optimality.Subject project management Q. What is meant by "Strategic Objectives" and why is it important for a Project Manager to be aware of them?
- project operation management please answerQuestion 4 When the objectives of a project meet, or exceed, the expectations of its stakeholders, the project is considered successful. Explain who these stakeholders might be, and how should they be managed.Topic: Project management Please read and answer thoroughly as a risk management team FAO-Funded Aquaponics Project Launched In Barbados Barbados GIS – The United Nations Food and Agriculture Organization (FAO) has collaborated with the Ministry of Maritime Affairs and the Blue Economy, and local business Adams Aquafarms, on a project to train persons in aquaponics. Aquaponics is a sustainable way of integrating land-based fish farming with plant production. Both are placed in a tank, and the set up allows for them to coexist, with the waste produced by the fish fertilizing the plants, while the plants purify the water for the fish. The training, funded by the FAO, will take place at a demonstration facility, located at Adams Aquafarms, Hopewell, St. Thomas. The FAO is currently targeting 30 entrepreneurs and 10 teachers. Minister of Maritime Affairs and the Blue Economy, Kirk Humphrey, believes the project will be “transformative”, as it has the potential to…
- Question 1 Problem Statement: Stakeholder and Project Quality Management “Hercules Creative Solutions” has successfully bagged two research and development related projects from ministry of science and technology. You are working on one of a project as senior project manager which is related to develop a gadget for the help of physically disabled persons in their day to day commuting. The main challenge for you and your team is that neither you nor any of your team members have ever done this type of project. USAID and one of a leading bank are the sponsors of this project. The designing of the product has been outsourced to one of a very famous engineering firms of the country. For the procurement purpose, two potential vendors are on board. The company you are working for is a multinational company and has very strict procurement procedure and procurement audit is mandatory at the end of the project. Stringent quality standards have to be followed which includes but not limited to…Question 1 Problem Statement: Stakeholder and Project Quality Management “Hercules Creative Solutions” has successfully bagged two research and development related projects from ministry of science and technology. You are working on one of a project as senior project manager which is related to develop a gadget for the help of physically disabled persons in their day to day commuting. The main challenge for you and your team is that neither you nor any of your team members have ever done this type of project. USAID and one of a leading bank are the sponsors of this project. The designing of the product has been outsourced to one of a very famous engineering firms of the country. For the procurement purpose, two potential vendors are on board. The company you are working for is a multinational company and has very strict procurement procedure and procurement audit is mandatory at the end of the project. Stringent quality standards have to be followed which includes but not limited to…Q1. Based on the table below, solve the questions s Most Likely Duration 4 Predecessor Optimistic Duration 2 Activity Pessimistic Duration A 10 B A 5 8 15 H 1 3 H 4 10 12 D B 4 7 E C 11 14 21 F DE 9 13 17 G E,F 5 7 1. What is the probability that the project finishes in less than 40 days. 2. What is the probability that the Activity "G" finishes between 3 and 5 days. 3. Estimate project completion date with at least a 96% confidence level. 4. What is the probability that node "D" has a float more than Zero.
- SECTION C - SHORT ANSWER QUESTIONS 1. How would you define a project? 2. Give an example of a project found in Botswana, and provide a brief description of its primary goals. 3. Briefly describe a project you know that failed in Botswana. Which of the reasons considered in the course could be responsible for the project’s failure? 4. Explain: a) a project plan b) a project charter c) Work Breakdown structureQuestion 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?Project Management 8. What is Project Mangement? Discuss