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Q1) Discuss and explain the need for an integrated information system for project management purposes. What criteria should be used to determine whether to outsource a project component and/or resources?
Suppose you now wanted to calculate duration estimates for these activities. How would you make use of the following approaches?
Why are the Project Charter and Project Scope Statement artifacts critical to the success of a project? Describe some of the key elements of these artifacts.
How much flexibility do project managers typically exercise in situations like this?
Then, you would like to schedule an emergency meeting with her and the other marketing department managers to discuss the project schedule and next steps.
What is the net salvage value of the asset? List the NET cash flows of year 1 through year 5.
Both machines are in the 4 year MACRS class, with depreciation amounts of 15%, 45%, 33% and 7%. What are the Operating Cash Flows in the first year (Year 1) with the new machine?
Describe the concept of the change management process within a project.
What does this riddle have to do with project management?
Imagine that you have been selected as the PM for a process or product improvement activity or the design of a new product or service in your organization.
Describe the five steps of Project Interface Management. Is it applicable at the Project Level or at a Portfolio/Program level?
What are the different types of risk that organizations face? What are the benefits of risk management?
Explain how improving quality can lead to reduced costs.
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