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Q. What is a project?
The term project appears to be a buzzword that means a lot of different things to different people. Anything for instance from a secretary's "project" to clean out an old filing cabinet to an engineer's "project" to create a multi-million dollar facility. Even these boundaries have one thing in common that is the application of work or effort to create a new situation or product, where "product" is used in its broadest sense. Therefore a project is able to be any undertaking with a definite starting point and one or more defined objectives the completion of which spell out the end of the project. It must be added that for one reason or another most projects are restricted by limits imposed on resources (equipment, effort and materials) time and money.
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Explain TWO strategies that a project manager might implement to address a project risk. Risk avoidance - this strategy would be 'exiting the method that is giving rise to
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All processes are subject to various influences such as mechanical electrical and environmental changes which is tend to deviate the process from its initial setting. The
What are the advantages of top-down centralised approaches? The advantages top-down centralised approaches Project budgets can be imposed by using top-down that is centralis
Uses and Benefits of RBS The main uses and benefits of the RBS are outlined in this section. Risk identification aid Risk Breakdown Structure is used as a list that
Q. Why do projects always seem to take longer than expected? Usually this is because it is relatively easy to assign time allowances to all the activities that have been though
Risk management enhancement There is scope for risk management scenario and the following are some of the methods suggested: Bringing increased awareness of risks: Imp
Problems associated with policies 1) Policies are liable to different interpretations since they allow discretion and are usually broad. If made specific they become rules and th
How are communication and coordination beneficial in project management software? Communication and coordination: Project software can give automatic report templates al
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