Work breakdown structure for estimating project budget

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1) Explain how a work breakdown structure can be useful during the estimating of a project budget.

2) Before PERT diagrams are prepared, the person performing the work should have a clear definition of the requirements and objectives, both prime and support. Is it an absolute necessity? Why?
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3) Is it possible to establish formal organizational procedures (either at the project level or corporate-wide) for the resolution of conflicts? If a procedure is established, what can go wrong?

4) Once a project begins, a good project manager will set up milestones. How should this be accomplished? Will the duration of the project matter? Can milestones be built into a schedule? If so, how can they be identified?

5) Explain how a project monitoring system in your project environment can benefit the overall success of the project.

6) Good project management systems have a memory. The precise organization of the final report is not a matter of great concern. What matters are that several subjects should be addressed in the final report? What must the project manager do in planning, scheduling, monitoring, and closing out the project?

Reference no: EM1338159

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