Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Prepare a draft project charter for the Global Treps project. Assume that the project will take six months to complete and have a budget of $120,000. Use the project charter template provided in this text and the sample project charter provided in Table 4-1 as guides.You will be the project manager, and Dr. K. will be the project sponsor. Other team members will include Bobby, Ashok, Kim, and Alfreda.You plan to hold four shark tank like events plus develop the Global Treps site and application.
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- 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.arrow_forwardUsing the information provided along with your project definition, project scope statement, and any assumptions you think you need to make, perform the activities below: Determine the activities (tasks) required to accomplish the project. This is a rough draft task list at this point. Identify the major milestones from the task list. Create a Project Charter, a template is provided below, but feel free to use any template you preferarrow_forwardDifferentiate between the benefits and drawbacks of project scheduling. Please include any needed details, examples, and definitions.arrow_forward
- include the elements related to project planning requested below. An employee has been appointed by the company he works for to make a plan for the creation of a new customer service department. To carry it out, he will apply project management concepts. The following is required: Establish what the initial requirements are for said project through a project constitution with all the required parts. You must use the terminology associated with project management.The articles of incorporation must include: a) Project overviewb) The components of the project teamc) A list of the project's stakeholdersd) Two (2) project objectives using the SMART guidee) The scope of the projectf) An approximate budget of the project costsg) Two (2) risks associated with the projectarrow_forwardDiscuss project finance considerations.Project management software may minimize project costs.arrow_forwardMy project is to build the Army's new ACFT test. This project will take two years to complete. Initial Investment will be 75,000. The start date is 8 November 2023. The PT test would consist of running 6 lanes and then a two mile run . We would have to obtain all the equipment before transferring over but we also need a testing phase. After testing phase we need PT graders then implement of the new PT test. Part 1: Project Scope Create a Project Scope for your project. You can follow the examples in your textbook. For this project the following items are necessary in the Scope Statement: · Project Objective · Project Deliverables · List several milestones · Technical Requirements · Project Constraints or Limits · Ethical and Social Responsibility considerations · Customer review (The name of your Instructor) Part 2: WBS Next create the Work Breakdown Structure (WBS) for your project. You will need to have at least 20 tasks. You should break the work down to a level…arrow_forward
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