Describe a business scenario for an ongoing project

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Reference no: EM133303387

In Module 3, you created a Work Breakdown Structure (WBS) for your project.
- How is WBS different from a project network?
- How are the two tools related?
- If creating a project network is quicker and it clearly displays all the elements of a project, then why do you need to create a WBS?
Briefly describe a business scenario for an ongoing project (this can be your project, a project you worked on, or a project you read about).
- Identify how slack was used by the project manager.
- Was this an appropriate use of the technique, or did the project manager err in this particular application?
- What can you learn from the scenario presented in applying slack to a business project?
Consider that there is a failure along the project's critical path from the scenario you described.
- Briefly explain what options the project manager had to make to bring the project back into the allowable schedule.
- Did the project manager take the appropriate actions?
- How much time was lost because of the failure and how much time was made up with the correct decisions?
- From the above example, what should be the lessons learned about managing a project?
Finally, consider the ethical considerations of building slack into a project.
- Is this an acceptable business practice? Provide support for your choice.
- Should a project manager explicitly disclose the use of slack when building or sharing a project schedule?

Reference no: EM133303387

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