Chapter 1 Review Question 1. Define a project. What are five characteristics that help differentiate projects from other function carried out in the daily operations of the organization? A project is a temporary endeavor undertaken to create a unique product‚ service‚ or result. Five characteristics: 1. An established objective. 2. A defined life span with a beginning and an end. 3. Usually‚ the involvement of several department and professionals. 4. Typically‚ doing something that has never
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ch17-Project Management 1. Good project management is especially important with virtual teams. TRUE Virtual teams face challenges that make project management especially important. 2. One way that project management differs from management of more traditional activities is because of the limited lifetime of projects. TRUE Projects have lifetimes that are typically shorter than other business endeavors. 3. Once a project is approved and underway‚ project managers are only responsible for
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response proposing leadership styles you would recommend for the Denver Airport Project. Please choose a combination (two or three) of the eight leadership styles presented in the Thompson textbook (Chapter 11: Leadership: Managing the Paradox). Please note that you are to also use three other sources from the internet or the DeVry online library. All sources must be cited. After reading the Denver Airport Project out of the eight leadership styles I believe active leadership‚ task leadership‚
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What does it mean to take a systems view of a project? How does taking a systems view of a project apply to project management? Through a systems perspective‚ you will view a particular project in terms of how the project will fit with the system and also how one can better the project for the particular system. Explain the four frames of organizations. How can they help project managers understand the organizational context for their projects? Structural Focuses on roles and responsibilities
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How is a project different from what most people do in their day-to-day jobs? A project is defined as a temporary activity; this means that they do not last forever‚ while a day-to-day job is best describe as the ongoing core business of an organization. Projects are unique endeavours that are not compatible with the day-to-day model and activities of an organization. Projects have to be specially undertaken outside of the normal operations to create unique product‚ services and conditions
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Operations Management: Project Management BUS 515- Operations Management Strayer University Prof. Elmer L. Buard December 6‚ 2009 Table of Contents Abstract……………………………….............................................................................3 Introduction……………………………….......................................................................4 Define & describe the traditional project management philosophy...........…................4 Define & describe the New Project Management Theories
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that Altex had to submit to the Army‚ within 60 days after contract award‚ a formal project plan for the two-year ATMP effort. Contracts at that time did not require that a risk management plan be developed. A meeting was held with the project manager of R& D to assess the risks in the ATMP effort. PM:“I’m in the process of developing the project plan. Should I also develop a risk management plan as part of the project plan?” Sponsor:“Absolutely not! Most new weapon systems requirements are established
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Importance of Team Management skills for a Project Manager How can one define Team Management in the sense that it can be understood easily and clearly? What are the critical components for effective team building? Team management is simply handling your team in a way that the desired task or mission is achieved by avoiding the conflicts that might occur in the process. A good project manager has effective team management skills. He is the driving force behind the project and is responsible
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Restaurant for Fried Ice Cream Table of Contents * Project Overview * Risk Management *Project and reasons for considering it a project * Equipment & labor needed * Statement of Work *Activity objectives *Work Breakdown Structure * Sequence CPM * Management & Resource Management *GANTT diagram * Revenues & Expenses Budget *Network Diagram *RAM Diagram * Conclusion & Recommendations Reasons for considering it a project: *It has a specific Start and End date (from June
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_______ PROJECT SCOPE MANAGEMENT: A PIVOTAL TOOL FOR PROJECT’S SUCCESS Arupjyoti Nath* Mohammed Mukit Momin** ABSTRACT: This paper presents the importance of Scope Management in relation to the overall success of a project. It also talks about the whole scope management process and all the phases involved in it: initiation‚ planning‚ scope definition‚ verification and then control. An efficacious scope management of a project certifies the successful management of other strategic project management
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