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

Market share in a high market growth industry, R Company produces a range o...

R Company produces a range of hair and beauty products. T, the Finance Director, and P, the Marketing Director, are reviewing the outcome of some product portfolio analysis which h

What are the pros and cons of a pure project organisation, What are the pro...

What are the pros and cons of a ‘pure’ project organisation compared along with a project operating into a matrix structure? A ‘pure’ project organisation comprises into itself

Risk, Choose an organization of your choice and briefly describe the main r...

Choose an organization of your choice and briefly describe the main risks to which development projects are exposed

Concept of values to an individual, An organisation's capacity to maintain ...

An organisation's capacity to maintain a sustainable competitive advantage depends largely on its core competencies as well as the ability to refine and enhance them in the context

Transaction cost theory could help the head of insurance, The Head of Insur...

The Head of Insurance at JKL Bank has been considering how to make efficiencies in the operation of the Car Insurance Business Unit. One option under consideration is to outsource

Contingency planning-planning function, Contingency planning Contingenc...

Contingency planning Contingency planning is the part of the planning process that identifies alternative courses of action that an organization might follow if various differe

Evaluate cost estimation, Prepare a 1-page Cost Estimate in MS Excel for th...

Prepare a 1-page Cost Estimate in MS Excel for the project similar to the example provided below. Use the WBS items provided below, and be sure to document assumptions you make in

Project management, Project management: a. Describe a project you are ...

Project management: a. Describe a project you are currently working on for school or work or your personal hobbies and interests that would benefit from Project Management con

Project management value measurement process, Project Management Value Meas...

Project Management Value Measurement Process Value management is a process which will have to be used throughout the project.  The  different  tools  and  techniques are availa

Result of management project to prevent false expectations, What would be t...

What would be the result of management project to prevent the development of false expectations? Into the initiation phase, the project management partners enter a temporary co

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