10 – 05 - 2013 To Professor: Peter Wong Student Name: Chiang Ting Hin Student No.: 3012 4305 Project Management – Assignment 2 1. Managing Risk 1.1) There are four steps of risk management process. First step is risk identification. Analyze the project to identify sources of risk Create a list of all possible risks via brainstorming‚ risk profiling and problem identification. Marco risks fist‚ then micro risks. Usually organization use risk breakdown structures in conjunction with
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of your understanding of the role of project management in today’s business environment. Project management is getting things done on time and under budget and also in scope; Project manager should know the scope very well and it is important to track the process as well. There are so many project management tools available for example Microsoft project server is the best example we can come up with. When the full project scope documented and finalized project managers should divide the scope into
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Project management tutorial Purpose: To provide the basic skills and knowledge needed to effectively manage a group project. Importance: Project scheduling and understanding/handling risk is crucial to success in science and engineering. Goals: After this activity‚ you will be able to: • • • • • Break a complex project into manageable sub-projects Assign responsibility/ownership of project components Set reasonable milestone’s for the completion of major tasks Perform a risk analysis and
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Project Management Plan Project Title: Shed Construction at Lot 90 38-42 Wharf Road Project Description: Development of single storey shed workshop. Project Manager’s: A Person Project Agency: Fred’s Sheds Prepared For Audience Project/Organization Role Mr Jones Owner Occupier Prepared By Document Owner(s) Project/Organization Role A Person C & A Constructions / Project Manager Project Version Control Version Date Author Change Description 1.0.0 12/05/2011 A Person Document created
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of Business Administration - MBA Semester 2MB0049 – Project Management(4 credits)(Book ID: B1138)ASSIGNMENT-Set 1Marks 60 _________________________________________________________________________ Note: Each Question carries 10 marks. Answer all the questions.Q1. Define project management. Discuss the need for project management. Project Management is all about a mindset. The major characteristics of project mindset. Characteristics of project mindset a) Time: It is an important parameter in
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Project risk management is aimed a avoiding bad surprises once we start executing the project plan. During the creation of the project plan‚ we identify risk‚ analyses them and plan our action to avoid the risk‚ transfer it or implement a contingency plan if the risk occurs. After we have planned our risk management process for the project‚ we begin by identifying the risks that the project faces. It’s important to remember that these risks can be adverse to the project in the sense of causing it
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THE PROJECT The way a project team is structured can play a major role in how it functions. Different styles of team will have different characteristics. For example‚ do we wish to encourage discussion with the business representatives or to keep them at arm’s length so the developers can make good progress? Careful consideration of team composition and reporting relationships can make a big difference to the results. The various roles in the team will depend on the nature of the project. As
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Project Management Office (PMO): A Project Management Office (PMO) is a group or department within a business‚ agency or enterprise that defines and maintains standards for project management within the organization. The primary goal of a PMO is to achieve benefits from standardizing and following project management policies‚ processes and methods. A PMO generally bases its project management principles‚ practices and processes on some kind of industry standard methodology such as PMBOK (Project
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What is the Project Management? Project management is the discipline of planning‚ organizing‚ securing‚ managing‚ leading‚ and controlling resources to achieve specific goals. A project is a temporary endeavor with a defined beginning and end (usually time-constrained‚ and often constrained by funding or deliverables)‚ undertaken to meet unique goals and objectives‚ typically to bring about beneficial change or added value. Project management is a composite activity with multiple dimensions.
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implementing appropriate quality management systems and processes to enable the delivery of the highest practicable quality products and services. Dyson Limited engaged iConsultant to strategize a total quality transformation for the company to overcome its current quality challenges and hone its competitiveness in the world market. An analysis and study is carried out on Dyson product and market profile to derive a quality management plan by utilizing the following quality management tool. * Root Cause
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