Hardware Replacement Project:
Hardware Replacement Project:
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Instructors Name
Date
Assignment: 2
The IT- department in implementing a new CRM solution to its corporate offices. The hardware currently in use is out of date and will not support the CRM application. The hardware must replace prior to deployment.
How do the five major variables of project management-scope, time, cost, quality, and risk – relate to this scenario?
Scope: Defines what work is or is not included in a project. For example, the scope of a
Project for a new order processing system might include new modules for inputting orders
And transmitting them to production and accounting but not any changes to related accounts
Receivable, manufacturing, distribution, or inventory control systems. Project management
Defines all the work required to complete a project successfully, and should ensure that the
Scopes of a project not expand beyond what was originally intended.
Time: Time is the amount of time required to complete the project. Project management
Typically establishes the amount of time required to complete major components of a
Project. Each of these components is further broken down into activities and tasks. Project
Management tries to determine the time required to complete each task and establish a
Schedule for completing the work.
Cost: Is based on the time to complete a project multiplied by the daily cost of human
Resources required completing the project. Information systems project costs also include
The cost of hardware, software, and work space. Project management develops a budget for
The project and monitors ongoing project expenses.
Risk: Refers to potential problems that would threaten the success of a project. These
Potential problems might prevent a project from achieving its objectives by increasing time
And cost, lowering the quality of project outputs, or preventing the project from being
Completed altogether. We