INSE 6230– Total Quality Project Management Fall 2013‚ Instructor: Dr. Chun Wang Assignment 1 Part 1 Short Answer Questions Chapter 1 1. Why is there a new or renewed interest in the field of project management? Project management is very important for a good business because it provides the project managers to aim for the success of the project. The computer hardware‚ software and networks have radically changed the work environment. Timing is the important factor in the business
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Chapter 1 : Introduction to Project Management Disscussion Question 1. Briefly describe some key events in the history of project management. What role does the Project Management Institute and other professional societies play in helping the profession? Key events: ▪ Manhattan Project which the U.S. military led to develop the atomic bomb. Costs almost $2 billion in 1946. ▪ New Los Alamos laboratory 1946‚project management was recognized as a distinct
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Project Management Post-Graduate Diploma in Business Management (Year 2011-13) Dr. V K Gupta Institute of Management Technology Ghaziabad Course Background and Objectives: Project management has become crucial for operations in industries such as construction‚ information technology‚ IT‚ hospitality‚ and engineering and new product development. At one time project management was limited to civil and construction engineering programs where it was highly quantitative
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------------------------------------------------- 41. Corporate Strategy and Project Management: the relationship between them and implications for the management of an international project. Introduction This paper draws attention to the detached relationship between the corporate strategy and project management. Solutions offered by various researchers to align both of them are discussed and examine how they could be proposed for the management of international project‚ in particularly for the construction industry.
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of the project‚ including its overall objectives and justification; detailed descriptions of all project ___________; characteristics and requirements of products and services produced as part of the project; and project success criteria. a. stakeholders b. meetings c. deliverables d. volunteers ____ 3. _____________ development uses the results of all the preceding project time management processes to determine the start and end dates of project activities and of the entire project. a. Activity
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Identify the five major characteristics of a project. a. An established objective b. A defined life span with a beginning and an end c. Usually‚ the involvement of several departments and professionals d. Typically‚ doing something that has never been done before e. Specific time‚ cost‚ and performance requirements 2. Identify and briefly describe the six factors that are increasing the demand for project management. f. Compression of the product life cycle
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MBA/MIS Project Management Chapters 1 and 2 Project Management Challenges Strategies and Project Selections 1. Two new software projects are proposed to a young‚ start-up company. The Alpha project will cost $150‚000 to develop and is expected to have annual net cash flow of $40‚000. The Beta project will cost $200‚000 to develop and is expected to have annual net cash flow of $50‚000. The company is very concerned about their cash flow. Using the payback period‚ which project is better
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a new or renewed interest in the field of project management? Today’s companies‚ governments‚ and nonprofit organizations are recognizing that to be successful‚ they need to be conversant with and use modern project management techniques. Individuals are realizing that to remain competitive in the workplace‚ they must develop skills to become good project team members and project managers. They also realize that many of the concepts of project management will help them in their everyday lives as
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A Project Management Office (PMO) is a group or department within a business‚ agency or enterprise that defines and maintains standards for project management within the organization. The PMO strives to standardize and introduce economies of repetition in the execution of projects. The PMO is the source of documentation‚ guidance and metrics on the practice of project management and execution. In some organisations this is known as the Program Management Office (sometimes abbreviated to PgMO to differentiate);
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Five Project Phases BUS697: Project Management Strategy Instructor Dr: Shawn Milligan Date April 7‚ 2014 When developing a new or current project there must be processes design throughout the project lifecycle that controls the start‚ middle and finish phases of the project; however these phases are typically in accordance with the organization’s business strategy. An organizations business strategic defines the roadmap in how the company should perform its business
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