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1. The PM is able to structure the project work into WBS elements (work packages) that are:
A Definable: It can be described and easily understood by project participants.
B Manageable: a unit of work, which, when broken down, specific responsibility and authority can be assigned to individuals or groups, (teams/crews).
C Compatibility: The work unit integrates well with other project work elements.
D Measurable: The work unit can be used to measure progress.
E All of the above.
2. What are the basic steps in the project risk management process? List a minimum of 5, (there are 6), and provide a detailed description/discussion of each.
Recommend three actions that the project leader should take in order to identify and understand the technical challenges and issues facing the project
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?
In spite of their poor cost performance, why do you think these projects were supported to their conclusion? What would it take to kill a high-visibility project such as these?
Identified and analyzed 3 roles of ethics as it relates to judgment and decision making in accounting and financial reporting.
Reviewing the balanced scorecard approach of Youngblood and Collins.
Formulate a reasonable Investment Policy Statement
Describe the importance of project sponsorship and leadership when it comes to escalating decisions during a project.
Develop a list of "Key Success Indicators" that could and should have been measured on completion. Rank them in order of priority for this project.
Write paper on Inventory Management System.
Which communication techniques will you rely on to resolve potential disputes between these two directors?
The Chaos report lists a variety of success factors that affect project management. This includes user involvement, executive management support, proper planning, clear statement of requirements.
Explain the five steps of Project Interface Management and whether they are applicable at the project level or the portfolio/program level.
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