In today’s job market‚ project management is becoming a major practice in today’s work force. In this paper‚ I will describe what a project is and its life cycle using examples of a project I am currently working on. Then‚ describe how this project assists our organizations to accomplish our company goals and the positive and negatives of the Oracle project at Diebold‚ Incorporated. Let’s start by looking at what is a project. A project is a complex‚ unique one-time effort that is limited by
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Southern New Hampshire University | Week 1 Written Assignment | In Partial fulfillment for MS Operations and Project Management | 1-14-2012 | Name and briefly describe the primary goals of a project? According to Figure 1-1 of our text book‚ the three primary goals of a project are: 1) Performance: One has to ask themselves during a project if you have met the objectives of the project. Performance can be measured by evaluating the processes such as scope verification‚ quality planning‚ quality
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element of strategic management? Answer | a. | formulating cross-functional decisions | | b. | implementing cross-functional decisions | | c. | evaluating cross-functional decisions | | d. | eliminating cross-functional decisions | Which statement about organization for project management is best? Answer | a. | The overall structure of the organization specifies how project team members should communicate with the project manager. | | b. | The internal project team structure specifies
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Examination Paper of Project Management IIBM Institute of Business Management Examination Paper MM.100 Project Management Section A: Objective Type & Short Questions (30 marks) This section consists of Multiples choice and Short Note Type questions. Answer all the questions. Part one carries 1 mark each and Part Two carries 4 marks each. Part One: Multiple choices: 1. Liquidation value of the firm’s assets could be considered as________________ a. The minimum wealth
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Chapter 1: 1. Define a project. What are five characteristics that help differentiate projects from other functions carried out in the daily operations of the organization? A project is a complex‚ no routine‚ off-time effort limited by time‚ budget‚ resources‚ and performance specifications designed to meet customer needs • An established objective • A defined life span with a beginning and an end • Involvement of several departments • Doing something unique • Time‚ cost ‚ and performance
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Project Management Project management is a way of managing change‚ on everything from planning a wedding‚ the Olympics‚ educational goals‚ or improving business practices. It describes the activities that meet specific objectives to introduce a specified task or improve new or existing products and services. Effective projects have effective leaders and workers. And‚ effective project management requires a skilled project manager‚ and a vision‚ along with the resources‚ money‚ and time
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#3 1. If I were in Lauren’s shoes‚ I would make sure it’s clear to the strategic management group that my estimate – a more detail/micro estimate – came in well over their initial macro estimate. That being said‚ I would also provide upper management with the ideas (outsourcing‚ change scope‚ cancel project..) developed with stakeholders in the brainstorming meeting. Simply moving forward with the project after finding such a large gap in estimates would be a terrible idea that would most likely
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Short answer questions – write one or two paragraphs (no bullet points) 1. Project managers frequently face competing constraints. Identify these common constraints and describe approaches that project managers can use to make the trade-offs required to succeed The time constraint refers to the amount of time available to complete a project. The cost constraint refers to the budgeted amount available for the project. The scope constraint refers to what must be done to produce the project’s end result
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PMP Project Management Professional Study Guide by Joseph Phillips ISBN:0072230622 McGraw-Hill © 2004 (588 pages) This book shows you not only what‚ but how to study for the PMP exam. With 100% complete coverage of all exam objectives and simulated questions‚ this guide covers project initiation‚ scope management‚ quality assurance‚ and more. CD Content Table of Contents PMP Project Management Professional Study Guide Introduction Part I - Project Initiation Ch apt - Introducing Project Management
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Project Execution Phase Overview: Once a project moves into the Execution Phase‚ the project Team and the necessary resources to carry out the project Should be in place and ready to perform project activities. The Project Plan should have been completed and base lined By this time as well. The project team and specifically the Project Manager’s focus now shifts from planning the Project efforts to participating in‚ observing‚ and analysing The work being done. Executing the Project Plan
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