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
Premium Work breakdown structure Project management
Bus840 Business project management23rd of October 2014 [Type the abstract of the document here. The abstract is typically a short summary of the contents of the document. Type the abstract of the document here. The abstract is typically a short summary of the contents of the document.] Macquarie University session 2. Contents TOC \o "1-3" \h \z \u Methodology PAGEREF _Toc401837701 \h 2Why do we use projects management? PAGEREF _Toc401837702 \h 2Definition of a project PAGEREF _Toc401837703
Premium Project management
provided as a project. PRODUCT SCOPE: The features and functions that characterize a product‚ service or result. PROJECT SCOPE: The work that must be performed to deliver a product‚ service or result with the specified features and functions. page 100 1 5- PROJECT SCOPE MANAGEMENT Project Scope Management includes the processes required to ensure that the project includes all the work required‚ and only the work required‚ to complete the project successfully slide # 101 PROJECT SCOPE MANAGEMENT
Premium Project management
Project Management Carlos F. Amaral 01-07-2013 1. Discuss the primary function of a project plan. According to the Project Management Book of Knowledge‚ the project plan is "...a formal‚ approved document used to guide both project execution and project control. The primary uses of the project plan are to document planning assumptions and decisions‚ facilitate communication among stakeholders‚ and document approved scope‚ cost‚ and schedule baselines
Premium Project management
MPM210-1202B-04 Introduction to Project Management Professor Granville Jones Phase 1 Individual Project Melinda L. Mitchell May 23‚ 2012 Repurposed This class June 3‚ 2012 The objective of this project is to open a second office for Better Health Care Centers within the next 18 months and within the $1.5 million budget on time and on budget. The projects environment as it relates to cultural /social is one of healing‚ health and wellbeing of the population or community. The expansion
Premium Project management Management
Examination Paper of Project Management IIBM Institute of Business Management Examination Paper MM.100 Project Management Section A: Objective Type & Short Questions (30 marks) This section consists of Multiples choice and Short Note Type questions. Answer all the questions. Part one carries 1 mark each and Part Two carries 4 marks each. Part One: Multiple choices: 1. Liquidation value of the firm’s assets could be considered as________________ a. The minimum wealth
Premium Project management
10 Marks: Q:- Discuss the project termination strategies Ans: Project Termination Project termination is one of the most serious decisions a project management team and its control board have to take. It causes frustration for those stakeholders who sincerely believed - and in most cases still believe – that the project could produce the results they expected‚ or still expect. The project manager and his or her team members‚ very important stakeholders of the project as well‚ will feel that they
Premium Cost Cost accounting Costs
Darvin De’Angelo McQueen Execution & Control With Risk August 16‚ 2011 Week 2 DQ As a project manager of a bicycle manufacturing company‚ we have five operations which are: cutting‚ forming‚ machining‚ welding‚ and the assembly. As we start manufacturings we notice some defects in our products. As a result we are going to find a way to fix the problems. There are five quality metrics and they are (Sanghera‚ 2010): * Cost performance * Schedule performance * Defect
Premium Manufacturing Management Project management
Project Management 1. Activity Based Costing (ABC) Introduction: There are a number of costing models used in the domain of business‚ and Activity Based Costing is one of them. In activity based costing‚ various activities in the organization are identified and assigned with a cost. When it comes to pricing of products and services produced by the company‚ activity cost is calculated for activities that have been performed in the process of producing the products and services. In other words
Premium Project management Agile software development Management
2/1/2013 12MCOM03: Project Management SESSION – 6 & 7 j ‚ y Project: Time‚ Cost & Quality Estimating Projects • Estimating – The process of forecasting or approximating the time and cost of completing project deliverables. – The task of balancing the expectations of stakeholders and the need for control while the project is implemented • Types of Estimates – Top-down (macro) estimates: analogy‚ group consensus‚ or mathematical relationships – Bottom-up (micro) estimates: estimates of
Premium Project management Work breakdown structure Cost