"Project management and project portfolio management" Essays and Research Papers

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    What is project management‚ and what are its main objectives? What is the relationship between tasks and events‚ or milestones? What is a work breakdown structure? How do you create one? What are task patterns‚ and how can you recognize them? Compare the advantages and disadvantages of Gantt and PERT/CPM charts. Define the following terms: best-case estimate‚ probable-case estimate‚ and worst- case estimate‚ and describe how project managers use these concepts. How does a project manager calculate

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    Spring 2012 Bachelor of Science in Information Technology (BScIT) – Semester 1 BT0092 – Software Project Management – 4 Credits (Book ID:) Assignment Set – 1 (60 Marks) Answer all questions 10 x 6 = 60 1. Explain the IT and its organizational structures in detail? Ans: Traditional organizations are hierarchical‚ flat or matrix in design. (Fig. 1.1) • In hierarchical organizations‚ middle managers tell subordinates what to do and tell superiors the outcomes. IS supports this hierarchy. • In flat

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    Apply To Project Management The goal of every project is to make profit. The sooner the project is completed‚ at least by the deadline‚ the better it is for the project to accrue its potential benefits –and vice versa. Constraints‚ negatively affect project goals. In the triple-constraints (time‚ cost‚ scope)‚ time remained the most impacting constraint to projects. The critical chain resolved this issue by removing protection time from tasks‚ aggregating them into feeding and project buffers‚ and

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    MGT400- Project Management In class assignment 1 – F1 Naaema Al-Muwaizri – 12805 Fatma Al-Hadad – 13083 Ohoud Al-Enzi – 12565 Rawan – 12100 Budoor - 12448 Step1: Defining Project Scope Project Objective: In order to maintain a constant level of project and customer service excellence in such a fast-paced technological environment‚ EMC decided to create an outstanding project management training based on PMI’s project management standard. The project should be done within 2 weeks at a cost not exceed

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    1.Introduction Projects or tenders that a company needs to run‚ usually preceded by a plan before it can be executing for further development. Project management can be used for planning‚ controlling‚ and monitoring a project and usually it is conducted by a planner such as Project Manager. Gantt chart is the good way to show the planning of a project. It is easy to understand and update as a project develops. But the networks of a project are not easy to understand if they have critical paths

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    Association for Project Management (APM) suggests that the project business case provides justification for undertaking a project by evaluating benefit‚ cost and alternative options. The main purpose is to obtain approval and commitment for investment in the project (Association for Project Management 2006‚ p.129 and MGT8022‚ USQ 2013). According to Project Management Institute (PMBOK‚ PMI 2013)‚ the business case describes information from a business standpoint to determine whether or not the project is worth

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    know the specific goals in order to achieve them.  Well-set goals provide focus. If the goals are too broad then direction can be lost; if too difficult then it may seem as though the goals are overwhelming and unachievable thus making the final project deliverable seem less likely to succeed. 3. Detailed Communication The best laid plan will go nowhere if unable to communicate it to those needed to implement it.  Communication is one of the most important skills needed not only within a team environment

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    Project Procurement Management Template Management of procurements is vital for successful project completion as it identifies the necessary steps and responsibilities for providing the project with all the goods and services required throughout the implementation cycle‚ from initiation and planning through monitoring and completion. Usually a project manager in cooperation with purchasing department needs to ensure that procurement activities facilitate ordering and delivering of items required

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    Portfolio Management Plan

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    COURSE PROJECT 587 | PORTFOLIO MANAGEMENT PLAN | MICROSOFT OFFICE | | | | | | TABLE OF CONTENTS COMPANY INFORMATION 2 COMPANY MISSION 2 LONG-TERM GOALS 2 PROJECT SELECTION CRITERIA 2 QUALITATIVE/QUANTITATIVE ANALYSIS 3 RECOMMENDATION MEMO 4 PROJECT SCOPE 5 OBJECTIVE 5 MAJOR CONTRIBUTORS 6 MANAGEMENT APPROACH 7 CHANGE CONTROL APPROACH 7 REQUIREMENTS OF PMIS 8 COMMUNICATIONS MANAGEMENT PLAN 9 ASSUMPTIONS AND CONTRAINTS 10 TARGET SCHEDULES 10 BUDGET LIMITATIONS

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    QUALITY ISSUES IN PROJECT MANAGEMENT 1. Introduction There are a number of issues surrounding the general area of “quality” in project management. You will need to be aware of some of the requirements of PRINCE (or PRINCE2) as well as the more general aspects of the ISO 9000 and 14000 series. 2. Quality requirements as part of PRINCE PRINCE2 (Projects in Controlled Environments) was revised from PRINCE in 1996 and is the accepted standard for the control of projects in the computing

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