The Importance of Project Risk Management Risks are events that have the potential to occur but may not. Risk management is an integral process in the field of project management that focuses on minimizing threats or negative events‚ maximizing opportunities‚ and managing them proactively in order to bring the project to a successful conclusion. It is a core duty of the project manager and it is important that a risk management plan be put in place for each project. It should be noted
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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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A PROJECT ANALYSIS ON THE DEVELOPMENT OF THE CHANNEL TUNNEL 1.0 INTRODUCTION The Channel Tunnel is one of Europe’s biggest infrastructure projects ever. The 50.45km long tunnel has fulfilled this old dream by linking Britain and the rest of Europe. The idea of a fixed link between Britain and France was first mooted by a French engineer in 1802; it connects England and France 50m below the seabed of the English Channel. It’s not just a tunnel‚ but a huge infrastructure containing massive machinery
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SYLLABUS FOR 2011 BAR EXAMINATIONS LABOR LAW A. FUNDAMENTAL PRINCIPLES AND POLICIES 1. Constitutional Provisions a. Art II‚ Secs. 9‚ 10‚ 11‚ 13‚ 14‚ 18‚ 20. b. Art III‚ Secs. 1‚ 4‚ 8. c. Art. XIII‚ Secs. 1‚ 2‚ 3‚ 14. New Civil Code a. Article 1700 Labor Code a. Article 3 b. Article 211 c. Article 212 Article 255 d. 2. 3. B. RECRUITMENT AND PLACEMENT 1. Recruitment of Local and Migrant Workers a. Recruitment and placement; defined b. Illegal Recruitment‚ Art. 38 (Local)‚ Sec. 6‚ Migrant
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The triple constraint of project management is represented by a triangle‚ where three sides or inputs‚ scope‚ cost and time‚ regulate the ability to deliver a project. The triangle represents the individual constraints that exist with each function and their relationships. “The triangle illustrates the relationship between three primary forces in a project” (Jenkins‚ “n.d.”). The triple constraint is a critical factor in determining a projects quality and success. These three constraints require
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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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Network Diagram & Gantt Chart: Critical Path The critical path for the Nottingham Rugby Stadium project is: Clear site – Drive support piles – Pour lower concrete base – Build roof supports – Construct roof – Install roof – Inspection This means these activities have no slack and therefore any delay in them will lead to the whole project being delayed. Project Duration The project commences on the Monday June 2nd 2008‚ and finishes on Friday January 14th 2011‚ which means work covers
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Contents Introduction 4 Overview 4 Outcomes 5 Project Outputs 5 Traits of system 6 Project Execution Plan 6 Management 6 Available resource 6 Skills and Resource Requirements 6 Responsibility Matrix Formats 7 Acquisition 7 Training 8 Configuration Management 8 Change Management 8 Change Reporting 8 Issue Management 9 Support 12 Perform quality assurance 13 Success criteria 13 Checklist 13 Information distribution 14 Status Reporting 14 Records 15 Record Keeping 15 Development
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1. Scope Management Plan a. Collect Requirements b. Define Scope c. Create WBS d. Verify Scope e. Control Scope 2. Collect Requirements a. Inputs i. Project Charter ii. Stakeholder Register b. Tools and Techniques i. Interviews ii. Focus Groups iii. Delphi Technique iv. Mind Mapping v. Prototypes vi. Questionnaire and Surveys vii. Brainstorming c. Outputs i. Requirements Document ii. Requirement Traceability Matrix (RTM) 3. Define Scope a. Inputs i. Project Charter ii. Requirement
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Chapter 8: Project Quality Management Learning Objectives 2 Understand the importance of project quality management for information technology products and services Define project quality management and understand how quality relates to various aspects of information technology projects Describe quality planning and its relationship to project scope management Discuss the importance of quality assurance Explain the main outputs of the quality control process The Importance
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