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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 concepts and tools, listing at least two Project Management knowledge areas and two benefits. If you are not working on any projects, use your imagination to create one and describe this instead.
b. Describe the main knowledge areas of project management. How do these apply to your example?
c. Using your example above, draw basic WBS and network diagram for your tasks
d. Are you employing a predictive or an adaptive approach - explain the reasons.
e. How would project management differ had you chosen a different approach?
Develop a work breakdown structure (WBS) for the project based on the Summary of Project Deliverables in the scope statement. Recall that a WBS is a set of deliverable-oriented gro
What is the important role of planning in the management? Planning: Planning can be described as deciding in advance regarding the goals to be pursued through the enterpris
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
T he dark side of quality cost analysis The Quality Cost Analysis will always look at the organisation's costs and not the customer's costs. The manufacturer and the seller ar
The Delphi technique intends to attain a consensus evaluates by the efforts of a number of estimators. How is this attained and what is the advantage of the Delphi technique over,
Explain about the Break Even Analysis. Break Even Analysis: Break even Analysis means that at some point within the operations, total revenue equivalent to total cost. Break ev
COMPONENTS OF PARTICIPATIVE MANAGEMENT: The involvement of staff in the decision making process of the organization and having increased awareness of the organization's purpos
Strategy is developed at different levels in large organisations. The process starts with the corporate strategy which is then translated into the strategy for the business divisio
Q3. What do you understand by “line balancing”? What happens if balance doesn’t exist?
MPMM is a body of project management content, wrapped in an easy, simple to use software tool. This tool contains such core features as a Navigation Panel, Display Panel, Page Summ
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