Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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What challenges might arise if roles and responsibilities are not clearly defined in a project?
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- If the company you work for employs/follows GAAP, how might that affect you as a Project Manager ?arrow_forwardAppreciate the importance of managing project resources, and their effect on project duration. What are the resources and effects?arrow_forwardHow could a project manager adjust the cost of capital (i.e., appropriate discount rate) to increase the likelihood of having his/her project accepted? Is this ethical or financially sound?arrow_forward
- What sets the agile approach to project management apart from the more traditional waterfall approach?arrow_forwardWhat would be the result if all project managers decided to withhold a management reserve? What criteria should be used for determining when a management reserve is necessary?arrow_forwardWhat are the most important benefits of managing projects? What would it be like without project management?arrow_forward
- Some conflict is good for a project team, whereas other types of conflict are bad. Which type of conflict causes the greatest problems in project teams? Why?arrow_forwardHow can a company's information security strategy become a project plan?arrow_forwardA successful project manager must be able to handle unplanned scope changes. What would you do if you were managing a project in which the scope of work started to change in the middle of project execution?arrow_forward
- What are the ethical dilemmas that project managers faced with when dealing with projects?arrow_forwardWhat purpose do project milestones serve?arrow_forwardHow does one field of study differ from the other, and what are those differences? How, for instance, do the areas of project management and software development compare and differ when it comes to the administration of projects and the creation of software?arrow_forward
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