Ivailo.peev@abv.bg PM 401 – Project management Aris Zogopoulos Final Exam March 5‚ 2012 1. Determine bread-and-butter‚ pearls‚ oysters and white elephants projects. (15%) Developing project portfolio matrix is the most important part of creating a project. Fours quadrants determine the matrix - Bread-and-butter‚ pearls‚ oysters and white elephants. Bread-and-butters project means evolutionary improvements to current products and service and it is low risk project with law reward. Pearls
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Week 2 Homework What does it mean to take a systems view of a project? How does taking a systems view of a project apply to project management? Through a systems perspective‚ you will view a particular project in terms of how the project will fit with the system and also how one can better the project for the particular system. Explain the four frames of organizations. How can they help project managers understand the organizational context for their projects? Structural Focuses
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Role of Project Manager A Project manager is one of the most important role for effective Project management‚ described as “[to] take responsibility for planning‚ implementing and completing the project” (Meredith & Mantel‚ 2000: 85) getting the right person on the right job with careful section which this person must be able to collaborate resources for the project and to able to deliver a clear message and direction on the job‚ coordination and integration to the whole project team‚ it is also
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a) What are some of the items contained in the Project Charter? b) What phase is the Project Scope produced? What are some of the items contained in this document? c) What phase is the WBS produced? A; a) The project charter is the planning team’s concise statement of core goals‚ values‚ and intent in order to provide the ultimate policy direction for everything that comes next. Items contained in project charter are; 1. Project title should be concise and create a vision for the end result
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What is a Project Manager? 1.What skills does he/she require to become a good project manager? A project manager is an inventive problem-solver‚ team-builder and steady leader in the organization. Project Manager should have technical as well as management skills. Project Manager is responsible for the administration of the contract within the agreed terms and conditions. He has overall responsibility for completion within time and budget. A single point of contact for formal communication between
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IEE04 : Project management Feb 2013 A. Explain the following four major components of cost of project…………. aug12‚feb12 1. Material Cost 2. Utilities cost 3. Labor cost 4.Factory overhead cost Ans: 1. Material Cost: the most important element of cost‚ the material cost comprises of the cost f raw material‚ chemical‚ components and consumable stores required for production. It is a function of the quantities in which these materials are required and the prices payable for them. While estimating the
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ch17-Project Management 1. Good project management is especially important with virtual teams. TRUE Virtual teams face challenges that make project management especially important. 2. One way that project management differs from management of more traditional activities is because of the limited lifetime of projects. TRUE Projects have lifetimes that are typically shorter than other business endeavors. 3. Once a project is approved and underway‚ project managers are only responsible for
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MPM210-1202B-04 Introduction to Project Management Professor Granville Jones Phase 1 Individual Project Melinda L. Mitchell May 23‚ 2012 Repurposed This class June 3‚ 2012 The objective of this project is to open a second office for Better Health Care Centers within the next 18 months and within the $1.5 million budget on time and on budget. The projects environment as it relates to cultural /social is one of healing‚ health and wellbeing of the population or community. The expansion
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CLOTHING STORE PROJECT PLAN R.E.A.L. Girlz Clothing Store Project Plan Nikita S. Carter DeVry University Professor Jorge Tenoria November 2012 Table of Contents Pages 1. Executive Summary 3 2. Scope Statement 4 a. Goal Definition……………………………………………………………………..4 b. Goals that address the mission……………………………………………………..4 c. Goals that address self-sustainment………………………………………………...5 d. Objective definition………………………………………………………………...5 e. Project Objectives…………………………………………………………………
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AERO2407 Aviation Project Management NASA Autonomous Rotorcraft Project Project Management leads to industry leader in innovative aviation A. The Five Project Management Process Groups The five project management process groups begins with ’The scoping process group ’ which can also be referred to as the initiating process. The process includes all processes that relate to one question ’What is the task? ’ and ’What do you need to do? ’. Thus‚ NASA ’s vision is to constantly develop
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