Project Management Project management is the discipline of planning‚ organizing‚ securing and managing resources to bring about the successful completion of specific project goals and objectives. Some Facts! One fifth (1/5) of the world’s GDP (U.S. $12 trillion) is being spent on Projects. With projects being mandated on such large scales – a shortage of 6 million skilled project professionals is expected by 2013. It’s the only profession where the income levels continued to rise despite the
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UNIVERSITY OF NAIROBI COLLEGE OF EDUCATION AND EXTERNAL STUDIES FACULTY OF EXTERNAL STUDIES DEPARTMENT OF EXTRA-MURAL STUDIES MASTERS IN PROJECT PLANNING AND MANAGEMENT COURSE CODE: LDP 604 PROJECT PLANNING‚ DESIGN AND IMPLEMENTATION QUESTIONS: Section A Section B - This question is compulsory - Chose any two questions (10 marks) (5 marks each) – Total 20 marks Section A Twiga & Sons Ltd. started out as a trading company specializing in the sourcing‚ sale and service of
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PROJECT SCOPE DEFINITION & WORK BREAKDOWN STRUCTURE 1.1 Project Scope: Project scope is defined as "The bounded set of verifiable end products‚ deliverables‚ or outputs that the project team undertakes to provide to the stakeholders of the project" Success of a project is highly dependant on achieving the right results i.e. scope objective. Meeting the scope objective is also the primary test of effective performance by project management. It may be noted that unless the project is completed as
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or renewed interest in the field of project management? IT is growing at a rapid rate and with that growth demands people to manage this growth. People I think are more trained to be project managers and also there is new software that helps tremendously with the management part of the tasks. So demand is up‚ skilled workers are up‚ and the cost benefit is there for this renewed interest. 2. What is a project‚ and what are its main attributes? How is a project different from what most people do
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Project Management Name Teacher Class Date Abstract In human resources at some point in time a company may change its processes of how things have been done‚ add a new policy‚ or implement a new type of software. This paper will discuss a company considering replacing its internal payroll system with a payroll outsourcing service. It will demonstrate certain risks are associated with the change and how to minimize them. The writer will also Compare the advantages and disadvantages of using a Gantt
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International Project Management Group: MO2 Instructor: Philippe Reed Student name: Paul IDARE My own Project Management “If you don’t attack the risks‚ the risks will attack you” Global project management overview Concept: Project management is a carefully planned and organized effort to accomplish a successful project. Project management has emerged as a crucial factor that determines the success of an organization. Whether it is a question of facing an economic crisis or generating
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B-SCHOOL Marks: 80 PROJECT MANAGEMENT Attempt all questions 1. Give a detailed description on “Detailed Project Report”. Indicate the Pros and Cons of it also. (10 Marks) 2. What is Project Management Information System? Why is a Project Management Information System considered to be of immense importance in a project? In designing a Project Management Information System what parameters are to be spelt out clearly in line with the objectives of the Project management Information System? (20
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1.4‚ 1.5 1. What documentation could you expect to receive when you are asked to undertake a project? Apart from the written documentation‚ you might need to obtain additional information. What could this be? Why is it important to get all this information before you start your project? Your Answer: You could expect to receive a copy of the contract or agreement‚ the project brief and project plans. You will also need to know who your stakeholders are and what outcomes are expected‚ the reporting
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Project Management What is a project “Operations Management” is concerned with the transformation of inputs and resources into outputs. The transformation system to be used is dictated by the charateristics of the required inputs and the desired outputs. For instance‚ for mass manufacturing (where outputs and inputs are standardized‚ and products facing high demands are produced in very large quantities)‚ the transformation system may take the form of an “assembly line” (as in automotive
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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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