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• Develop a project concept. Find a stakeholder who will act as sponsor for the project. Outline the business problem that the system is intended to address, and establish an initial business case for the system. Establish the overall scope of the system in broad terms.• Create an Iteration Plan (Inception Iteration 1 Plan - IIP1) that outlines the activities you will undertake in the next fortnight to get your project started. Read the steps listed in OpenUP: OpenUP Lifecycle: Inception Iteration: Initiate Project, and then outline the specific actions you will take in relation to your own project to achieve those steps. State the specific outcome of the action in terms of what artefact will be produced, or what change in an existing artefact will occur.• Also specify how long you expect each action will take. The project is expected to fit within normal unit workloads, so beware of specifying more than 10 hours of activities per week. In conjunction with the reading you are expected to perform, a total of 7-8 hours of planned activities will be sufficient. Don't pad your figures, and don't plan to do too much. Use the ‘Iteration Plan' template provided with the OpenUP website.• If you are involved in a group project make sure everyone has a task, and identify in the plan who is meant to do what.• Make sure you include work items for reviewing the current iteration, and planning the next iteration in the iteration plan. Allow an hour or two for these activities.
Disadvantages of Procedures 1) Procedures tend to inhibit rational and logical thinking. The assumptions in the basis of which a procedure was designed might not obtain in all ci
Organizing Which is the process of grouping resources and activities in a logical fashion. The function of organizing involves: grouping similar activities together (depa
While the industry average ROE is about 15%, average profit margin of 50%, asset efficiency of 10%, and leverage ratio of 3, the ROE for ABC, Inc., using data from January 2011, wa
Discuss management in Project Management
At this stage of design the designer will invariably by under tremendous pressure to quickly finish the design and pass it on for production. This is so because even w
A project execution plan (written and graphical report) developing the strategy covering FIVE key areas: Some guidelines for each subject area are listed below, but the report s
Directing (leading) This is the function concerned with influencing organizational members to carry out their assigned roles and activities. This function includes motivation,
What du you understand by line balancing
Explain about the term performance management systems in brief. Performance management systems: Measurement processes of frequently assessing a projects progress in oppos
Question 1: "HRM is regarded by some personnel managers as old wine in new bottles". (Armstrong, 1987). Discuss. Question 2: "The contribution of HR function is insig
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