Question Paper: Define a project. What are the characteristics which help differentiate projects from other functions carried out in the daily operations of the organization? What is the role of the Project Manager? 3. Why is the implementation of projects important to strategic planning and the project manager? Strategic plans are implemented primarily through projectse.g.‚ a new product‚ a new information system‚ a new plant for a new product. The project manager is the key person
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contained in the Project Charter? b) What phase is the Project Scope produced? What are some of the items contained in this document? c) What phase is the WBS produced? A; a) The project charter is the planning team’s concise statement of core goals‚ values‚ and intent in order to provide the ultimate policy direction for everything that comes next. Items contained in project charter are; 1. Project title should be concise and create a vision for the end result of the project. 2. Purpose summarizes
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Project Charter for Wedding Plan Outsourced Version 1.0 approved Project Description To conduct a wedding in a grandeur manner. The wedding needs to comply with the wants and needs of the bride and groom and needs be planned in three months time. This project will fetch revenues of about Rs.30 lakhs and the budget not to exceed Rs. 15 Lakhs. The date of the wedding is 9th of January‚ 2010. Stakeholders Stakeholder | Names | Event Manager | Mr. Shishir | Project Manager | Mr. Arjun
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Chapter 8 Project Funding 1 I 8.1 MONEY: A BASIC RESOURCE The essential resource ingredients that must be considered in the construction of a project are usually referred to as the four Ms. These basic construction resources are (1) money‚ (2) machines‚ (3) manpower‚ and (4) materials. They are presented in this order since this is the sequence in which they will be examined in the next few chapters. Here‚ the first of these resources to be encountered in the construction process‚ money
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1.) What is Project Team? A project team is a team whose members usually belong to different groups‚ functions and are assigned to activities for the same project. 2.) Difference between Team & Group A team is a gathering of people who work interpedently and are committed to achieve one goal where as a group is a gathering of people who interdependently but have individual responsibility to perform. Group is organized for short period time objectives while Team is organized for long term
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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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Group 5 Consulting Co. Group 5 Consulting Co. University of New Orleans Project Management 4/23/2012 University of New Orleans Project Management 4/23/2012 Vessel Design Project Management Report Shawn Johnson Tameka Williams Dominic Rodriguez Jahnavi Lakkireddy Vessel Design Project Management Report Shawn Johnson Tameka Williams Dominic Rodriguez Jahnavi Lakkireddy Company Profile Group 5 Consulting Co. is an engineering firm that has dedicated
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ASSIGNMENT 3 Project managers are the people responsible for coordinating actions of the project team member to attain project objectives. This includes scheduling‚ implementation and direction the people‚ resources and capacity of the project. They have the authority to create clear and realistic objectives and to look them through successful completion. To meet the project desire project management is the appliance of knowledge‚ skills‚ tools and techniques to project activities. Project managers
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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
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importance of initiating projects that add value to an organization 2. Discuss the background of ResNet at Northwest Airlines 3. Distinguish among the three major projects involved in ResNet 4. Appreciate the importance of top management support on ResNet 5. Discuss key decisions made early in the project by the project manager 6. Relate some of the early events in ResNet to concepts described in previous chapters 7. Discuss some of the major events early in the project that helped set the stage
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