Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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How do you describe the four P's of effective software project management?
An economic evaluation assessment approach known as Cost Benefit Analysis (CBA) is used to quantify all of a program's positive and negative effects in terms of money. Explain?
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- After some time of project implementation within your organization, you have realized you are running out of time with pending/unachieved objectives. As an expert in community development, clearly draw out areas within Project planning process that were possibly not proactively addressedarrow_forwardWhat are the project success criteria? What caused the project to succeed/fail – Explain your answer.arrow_forwardHow do Product Owners and Business Analysts collaborate to ensure the project meets business needs?arrow_forward
- Sub : FinancePls answer very fast.I ll upvote. Thank Youarrow_forwardPossible outcomes include a broader application or added capability. Give particular examples to illustrate how the two concepts vary from one another. What do you think the underlying causes of these two issues are? What would happen if these two unfavourable outcomes—the worst-case scenario for this project—occurred simultaneously?arrow_forwardWhy do you think controlling project quality involves conforming to project requirements?arrow_forward
- To what extent can you incorporate the tenets of project stakeholder engagementsto improve a project you have been tasked to manage?arrow_forwardDescribe benefits of including the people that will be involved in performing the project when planning the project.arrow_forwardHow should a catastrophic recovery strategy be evaluated?arrow_forward
- Explain why net working capital is part of an examination of capital budgeting and how it is recovered at the end of life of a project.arrow_forwardFollowing mini-case scenarios involve ethical dilemmas associated with projectmanagement. How would you respond to each situation, and why? Gold Star LAN projectYou work for a large consulting firm and were assigned to the Gold Star LAN project. Work on the projectis nearly completed and your clients at Gold Star appear to be pleased with your performance. Duringthe course of the project, changes in the original scope had to be made to accommodate specific needsof managers at Gold Star. The costs of these changes were documented as well as overhead andsubmitted to the centralized accounting department. They processed the information and submitted achange order bill for your signature. You are surprised to see the bill is 10 percent higher than what yousubmitted. You contact Jim Messina in the accounting office and ask if a mistake has been made. Hecurtly replies that no mistake was made and that management adjusted the bill. He recommends that yousign the document. You talk to another…arrow_forwardin the PMBOK discuss what environmental factors you feel are most important for a project to be successfularrow_forward
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