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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?
Project Management Functions Let us now discuss the project management functions. Project management process consists of five core functions to utilise resources to accomplish
You are an accountant who has been approached by two people, Bill and Steve, for some advice. Bill and Steve are planning to open a furniture store in Toronto. They plan to rent
Line Balancing Methods The various line balancing methods or techniques used are: Heuristic Methods Linear Programming Kilbride and waste Methods
The management of risk is proving to be one of the most difficult tasks for the project management profession. How can risk be managed effectively and who should be responsible for
GIVE ME AN EXPAMPLE OF A PROJECT CHARTER.
Question: (a) An internal audit program (or schedule ) is prepared taking into consideration ‘the status and importance of the various processes and areas.' With reference to
How must be the upward communication from subordinate to superior ? Upward Communication moves through subordinate to the superior within the form of feedback. This takes th
o Does the iteration plan identify a high level objective? o Is the objective consistent with the highest priority requirement of the project? o Are work items identified spe
Backward Integration A strategy in which an organization builds competitive benefits by controlling the provider of the raw materials needed to make its products.
Compare and Contrast the KN346 investment and the "plain vanilla" alternative.
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