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Components of Strategy
Strategy has four basic components:Scope: which refers to the position the firm wants to have in relation to its environment.
Resource deployment indicates how the organization intends to allocate resources.
Competitive advantage is the specification of what advantage(s) the firm holds relative to competitors and
Synergy is the extent to which various businesses within the firm can expect to draw on one another.
Problem 1: a) What is the role of strategy in project management? b Explain the importance of aligning H.R projects with the organizational strategy. c) What are the impa
Budgeted cost of work performed (BCWP), or "earned value" (EV), in project management is the budgeted cost of work that has truly been done in carrying out a scheduled task in a p
o Does the iteration plan identify a high level objective? o Is the objective consistent with the highest priority requirement of the project? o Are work items identified spe
Question: a) With the help of a diagram classify the different global project methodologies (ITIL, CoBIT, Prince 2, BS 17799, COSO,....) that you are aware of in terms of deve
Identify the critical path by activities and duration. Activity Duration (Wks) Preceded by A 5 -
The Client Masterplan includes introduction, rationale, client objectives and stakeholder management. This should be a rationalisation of the requirements. Guidelines
Question Using a project drawn from your own experience, discuss the following (a) What are the two primary stages of risk management of a project? (b) What are the four
Advantages of Rules In addition to the general societal advantage of rules referred to above, the organization and its employees can derive the following benefits from the inst
o Are the goals and philosophy of the architecture explained? o Are assumptions and dependencies influencing the architecture identified? o Are architecturally significant re
Question 1: (a) What is project management methodology ? (b) Why do you say that project management is the best method of implementing change ? Question 2: (a)
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