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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.
Factors affecting Process Design - Nature of Product The operations management has to design the production systems to produce products/ service of the kind that customers wan
Q. What value does project management add? This is extremely difficult to answer in traditional accounting terms for the reason that the real value is in the quality of the end
Work breakdown structure: The work breakdown structure, as its name suggests, represents an organised and logical break down of the project into its component parts. Thus break
Span of management Span of management refers to the number of subordinates who directly report to one superior. If a manager has too many subordinates then his span is wide and
Q. Why do projects always seem to cost more than expected? In general this seems to stem from three causes. The first may merely be an overly optimistic cost estimate. Sometime
Example of a strong matrix
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Question 1: (a) What are the steps involved in the project management process? (b) Describe how project planning can help in the management of projects? Question 2:
Your Integrated Management Project will be marked initially by a tutor. The marked project may then moderated by another tutor to ensure consistency between markers. A sample of th
S Company has been awarded the contract for the refurbishment of a local hotel. The overall timescale for the project has been agreed at 30 weeks (a high fast completion for this s
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