Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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What are some of the benefits of Closing out the Project in a formal manner? How this can help companies become better at taking on projects in the future?
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- What are some of the benefits of Closing out the Project in a formal manner? Please discuss how this can help companies become better at taking on projects in the future.arrow_forwardHow does the project closure review differ from the performance measurement control system discussed in Chapter 13? What major information would you expect to find in a project review?arrow_forwardYou are the event manager of a wedding project that is behind schedule and over budget. The client has requested some additional features that were not in the original scope. How would you prioritize the additional features requested by the client? What strategies would you employ to adjust the project plan and budget to accommodate these changes effectively? Additionally, what specific tools and techniques would you utilize to monitor and control the progress and ensure the quality of the project?arrow_forward
- You are the Project Manager for a sensitive project that is expected to have many primary and secondary stakeholders. You also happen to be an employee of the performing organization and the sponsorship of the project is via an external source.i. Select your preferred organizational structure, and propose three (3) strategic objectives or organizational goals of your organization. ii. Develop a name for your project and explain why you think your project has the characteristics of a project. iii. To what extent does your selected project ‘fit’ into the strategic objectives of your organization? iv. Identify three (3) Interpersonal Skills of a PM that would be required by you in managing the project. v. Explain in detail the term ‘Talent Triangle’ as applied to the competencies of a PM.arrow_forwardYou work in the human resources department of a company that has just undergone a new organizational working team concept (working in virtual teams). You have been chosen as the team leader for a five-member team to design policies and procedures for the newly designed virtual teams concept and present your recommendations to the leadership team. Your immediate task is to organize and assign each team member with their specific assignments to complete the project. Describe how you would go about creating an implementation plan, including which team member is assigned to which tasks. Address the following in your plan: Describe at least 3 ideas for how you will assign tasks to each team member.arrow_forwardWhat major information would you expect to find in a project review?Why is it difficult to perform a truly independent, objective review?arrow_forward
- If you were a project manager for developing a new IS in your organization, what would be the activity you would take to develop the project plan for controlling the project? please clear and correct answerarrow_forwardMany organizations establish project management office (PMO) as an integral part of their organizational strategy in order to standardize governance structures for project management. You have been assigned the task of making a presentation to the senior management committee, to make the case for creating a PMO in your organization, given the number of projects that have been started in the last twelve months. Discuss why your organization should create a project management office. Part of your discussion should include forms of PMO, the expected tasks, and implementation strategy for the PMO once it is approved by the senior management committee.arrow_forwardDiscuss your response to your supervisor's question regarding the project status.arrow_forward
- Why does a business analyst needs to be pragmatic in thinking on a projectarrow_forwardYour organization has decided to hire 2 new project managers. As you know when someone is hired from outside the organization there is a tendency for employees to have their own philosophy as it relates to managing projects. Given what you read in Chapters 5 and 6 in our text book, create a list of 5 best practices you believe are important to help the new employees understand how to estimate project times and costs as well as developing a project plan (Note: You can use your current organization to complete this discussion. Consider this an opportunity to right any wrongs you currently see in your organization).arrow_forwardLet's pretend that Xesoft has hired you to work as a software quality engineer. You have delegated quality control monitoring to the "Missile tracking system" project. We have only begun the brainstorming phase of the project. Specify the procedures and processes you'll implement from the project's outset to its close in order to guarantee its excellence.arrow_forward
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