OBJECTIVES AND SCOPE OF THE PROJECT The banking industry is one of the fastest growing industry in India. It is a mirror image of the economy of the country. With the liberalization of the economy‚ India has become the playground of major global banking majors. The major objectives of the study are as below: To analyse how political‚ economical‚ socio-cultural‚ technological factors affect this industry by PEST analysis. To find out level of competition in Indian banking industry through
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Prior to the onset of modern project management‚ the success criteria of a project lay solely on the technical success‚ or scope of the resulting product or service. Today‚ adherence to budget and schedule form a triangle of success factors alongside scope‚ with client satisfaction also developing as a key determinant of project success (Kerzner‚ 2004). However‚ the delivery of project scope will always take precedence over all other project factors‚ because if a project fails to deliver on its original
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The PROJECT PERFECT White Paper Collection Defining the Scope of a Project Neville Turbit Scope v Time & Cost When people talk about scope‚ they immediately think time and cost. Time and cost are outputs of scope. Determining scope is a different exercise. In the context of this white paper‚ when we talk about defining the scope‚ we are talking about developing a common understanding as to what is included in‚ or excluded from‚ a project. We are not talking about deciding how long it will take
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Project scope is the parameter of the project. It defines what are the deliverables‚ requirements and expectations for the project and provides a baseline to exclude unrelated works. The project manager’s job is to ensure all necessary works for the project success are included. And this process is referring to as the project scope management. Project scope management involves six processes‚ which are planning scope management‚ collecting requirements‚ defining scope‚ creating WBS‚ validating scope
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Project Scope Statement Version My signature indicates approval of this Project Scope Statement. Approved by: Agency CFO Approved by: Agency CIO Approved by: Project Sponsor Approved by: Project Manager Approved by: Executive Sponsor Table of Contents Purpose/Justification 5 Objectives 5 Scope Description 5 Functional and Technical Requirements 6 Functional Requirements 6 Technical Requirements 6 Boundaries 6 Data Migration Strategy 7 Deliverables
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Guilherme Schoenberger Project Management Harvard Extension School ASSIGNMENT 2 SCOPE CREEP IN PROJECT MANAGEMENT 1 1. INTRODUCTION 2 The concept of project scope may be one of the most ample in project management. It involves objectives‚ limits and intentions. Every requirement in a project as well as its characteristics must be dealt with when planning the scope. Even though it ’s reasonable to say that every project is unique‚ the causes for which it fails are generally the
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PROJECT MANAGEMENT 641 - ASSIGNMENT No. 2 (Value 40%) PROJECT CHARTER‚ SCOPE MANAGEMENT‚ PROJECT PLANNING Aim of Assignment: Create a Project Charter‚ Requirements Document & Work Break Down Structure Apply scope change management processes Demonstrate understanding of project planning through the analysis of a case study [Note: Topic Notes 4(Initiation)‚ 5 (Project Planning) and 6 (Scope Management) provide the background to complete this assignment) PART I (68 marks) PROJECT
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Project Scope Statement Project Name Project Number Project Manager Prioritization Owner(s) Statement of Work—Project Description and Project Product This section is typically a detailed amplification of the project SOW and mission from the Project Charter. This also includes how you intent to accomplish the project. “We intend to do this. . . and here are the steps we intend to use to accomplish the project.” This section is typically a detailed amplification of the SOW
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sensitive than main relay to isolate the fault current. Inconclusion‚ main relay needs to trip first when there are fault occur in the system and main relay must have higher sensitivity than backup relay. Scope of Projects Te45r This study was conducted to study the factors that contribute toward sensitivity of relay. In this experiment‚ it’s also included type of relay that used is IDMT Overcurrent relay. For the ralay that used in IDMT overcurrent relay‚ there
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_______ PROJECT SCOPE MANAGEMENT: A PIVOTAL TOOL FOR PROJECT’S SUCCESS Arupjyoti Nath* Mohammed Mukit Momin** ABSTRACT: This paper presents the importance of Scope Management in relation to the overall success of a project. It also talks about the whole scope management process and all the phases involved in it: initiation‚ planning‚ scope definition‚ verification and then control. An efficacious scope management of a project certifies the successful management of other strategic project management
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