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Question:
(a) Projects are widely known for their tendency to run late and over-budget.
(i) Choose an organization of your choice and briefly describe the main risks to which development projects are exposed.
(ii) Discuss the techniques available for coping with those risks.
(b) Almost all projects suffer change to their current "definition" at some point in their evolution. Changes may be proposed by any of the stakeholders associated with the project. Change may be unavoidable or highly desirable; it may equally be unnecessary and not useful. It is essential that any proposed change to the project be formally controlled. Explain how project controls relative to changes are managed.
(c) Projects generate and absorb significant quantities of information. Discuss the importance of an effective information management system.
Risk Management Responsibilities Each and every person in the project team has a responsibility of performing a particular task and must indulge in risk management process. T
Discuss the "Cost of Quality" and is ramifications / implications in the organization - COQ (Cost of Quality) means the financial number brought into play by project managemen
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In response to changing customer demands and strong competition, the new product development team of Z Company has been working on a new product range. However, the process has not
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Project managers can become more successful when they develop their understanding of organizations. Any organization can be viewed as having four different frames: structural, huma
I mplementation risks There are many problems which have caused the cost-of-quality approaches to fail. It is unwise to achieve too much too fast. For ex
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