Managing project trade-offs

Assignment Help Project Management

Reference no: EM1343095

Managing Project Trade-Offs

When managing project trade-offs it is important to understand the root cause of the conflict and why the need for trade-offs exists. Project managers must carefully evaluate information about the problems that are occurring during a project. Things are often more complicated than the situation first appears. When trying to gather more information about the conflict, what types of questions should the project manager be asking?

As you are gathering information for your decision, will you always have all the information necessary to make the best decision? How much time and effort do you spend seeding information? What are the possible project impacts if you spend a lot of time gathering information versus spending the least amount of time possible?

Reference no: EM1343095

Questions Cloud

Extimate project effort : Explain how to estimate effort. Discuss why it is so important to estimate projects correctly, and why overestimating projects can be just as detrimental as underestimating them.

Part of a project to be scheduled using cpm : What is the critical path and how many weeks will lit take to complete be project

Show the project charter importance : How does a strong project sponsor and clear project scope apply to the overall success of a project?

Project management plan and phases : Show three important items that belong within a project management plan, and the importance of breaking the project into phases.

Managing project trade-offs : What are the possible project impacts if you spend a lot of time gathering information versus spending the least amount of time possible?

Change management and changing scope of a project : What are the possible implications of this change request and what is one of the basic tools for managing changes?

Assistance on project management : How would you proceed and what tools would you use - when was a time that a situation like this was handled successfully

Evaluate an effective subject line : Write the memo as to the supervisor and that actual research was performed needs to be made clear with specifics and details. Multiple paragraphs will be needed.

Show the cost and time methods : Cost and Time Methods - As a project manager, show the cost and time methods you would chose to work with and why you believe these are the best.

User Account

All Pages