Describe the main risks to which development projects, Project Management

Assignment Help:

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.


Related Discussions:- Describe the main risks to which development projects

Project management cycle, It is essential that you study the list below to ...

It is essential that you study the list below to ensure that you understand the terminology used in assignment and examination questions. The successful outcome of your assessment

Benefits of having a project and programme support office, What are the ben...

What are the benefits to an organisation of having a Project and Programme support office? The major advantages to an organisation by having a Project and Programme support off

PMP, A good leader is not necessarily a good manager.” Discuss this stateme...

A good leader is not necessarily a good manager.” Discuss this statement & compare leadership With management.

What do you mean by variable costs, What do you mean by variable costs? ...

What do you mean by variable costs? Variable costs conversely, tend to vary directly along with the volume of output. Illustrations of variable cost are as given below: direct

Linear Programming Problem, Maximize Z= 3x1 + 2X2 Subject to the constraint...

Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0

Elaborate the four possible choices in allocating the risk, QUESTION Ri...

QUESTION Risk is inherent to all projects. With increasing market competition, technology and globalisation, risk management is continuously gaining wider acceptance and import

Organization design-managerial function of organizing, Organization design ...

Organization design Organization design refers to the overall configuration of positions and interrelationships among positions within the organization. Design therefore mainly

Automated storage and retrieval systems, Automated Storage and Retrieval Sy...

Automated Storage and Retrieval Systems Automated  storage  and retrieval systems(SASRS) are system  for receiving  orders for  materials  from  anywhere  in  operations colle

Benefits of having a clear mission for pv company, T has recently been appo...

T has recently been appointed as the new Chief Executive of PV Company which manufactures cosmetics and toiletries. She has spent the first three months meeting with her senior man

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd