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

Definitions of management, Definitions of management Several definition...

Definitions of management Several definitions of management have been given by different scholars. Mary Follet defined management as "having work done through others." Another

Disadvantages of product layout - heavy capital expenditure, Disadvantages ...

Disadvantages of Product Layout - Heavy capital Expenditure This layout requires heavy capital investment in machines and equipment and for providing specialized facilities to

Risk type, Risk type  To identify specific problems in your project, yo...

Risk type  To identify specific problems in your project, you first need to categorise the risks.  The project constraints are  well-organised in the PERIL database, which are

Significance of architecture-centric methods, Question: a) Why are GSD ...

Question: a) Why are GSD projects more difficult to manage than single site collocated projects? b) Which agile practices would be easier to adopt, and which would be challe

Execution of the enterprise resource planning (erp) system, At the last boa...

At the last board meeting of X Company, the Finance Director showed concern for the lack of planning information obtainable to the company. It was accepted that the company needed

Define the process of critical path analysis, Define the process of critica...

Define the process of critical path analysis. Process of critical path analysis: 1. Break down project within a logical sequence of activities to be finished. 2. Appro

Managerial function of organizing, Managerial function of organizing Or...

Managerial function of organizing Organizing is the process of grouping activities and resources in a logical and appropriate manner. Because of the changes that take place wit

Project cost accounting, P o w e rful cost reduction The project co...

P o w e rful cost reduction The project cost accounting will track the quality-related costs which can be an important management tool. For example, suppose there are some

How do i best control cost, Q. How do I best control cost? Several peop...

Q. How do I best control cost? Several people think that they are controlling cost when they approve invoices or sign cheques. In fact the cost is already long since committed

Housekeeping, what is the thumb rule to calculate the housekeeping manpower...

what is the thumb rule to calculate the housekeeping manpower requirement in office

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