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A. What is the definition of a project? What are some of the elements that differentiate a project from maintenance work? How does a focus of a project affect the business direction and orientation?
B. What is a project life cycle? How do project life cycles differ among organizations? To what degree does the structure of the project lifecycle used by the organization affect the project manager's job? Explain your answer.
C. What is a project stakeholder? What are some examples of project stakeholders? How are projects affected when stakeholders are not identified and addressed early in the project?
D. What are three project selection criteria? What do you think is the most important information required to select a project? How would you explain to your manager that a project that was important to his or her department is not good for the organization based on the selection criteria?
Does managing to the critical path guarantee a successful project? Why or why not?
What is the relationship of use-case modeling to project management? Why is this important?
How would a consultant develop the project scope and schedule for Wal-mart?
The sales manager is always focusing on how to improve customer service. Initiate periodic upgrades based on current trends.
Create a mission and vision statement for your organization and determine at least three specific strategic goals that align with the ideals in those two statements.
Eric is a member of a manager-managed LLC but is not a manager. This LLC invests in real estate and manages it as rental property in a college town.
Does your recommendation change if the required rate of return falls to 12%.
Why is quantitative risk so important in risk mitigation? Explain how you have seen this in live action or in your organization.
What factors determine whether a project's beta will be higher or lower when calculated against a domestic stock index versus a world stock index?
Discuss the 4 grids in the competing values model. Outline the complexity of the competing values decision-making model.
Project Performance: List the desired outputs from the project. Specify the performance criteria for the project.
Explain the long term "costs" - the impact - of those choices. Then give us an overview of the corporate success measures.
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