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- Alpha Company has implemented a plan whereby functional managers will be held totally responsible for all cost overruns against their (the functional managers’) original estimates. Furthermore, all cost overruns must come out of the functional managers’ budgets, whether they be overhead or otherwise, not the project budget. What are the advantages and disadvantages of this approach?What is programme management? O A. Defining all work that needs to be done to achieve all project deliverables O B. The management of projects exploiting synergies across projects in order to reduce overall costs O C. The management of projects or programmes and other work with a common strategic business purpose O D. The application of knowledge, skills, tools and techniques to satisfy stakeholder expectations from a project.A_ is a group of related projects grouped together to facilitate effective management of their work to meet business objectives. O a. Project plan O b. Programme O c. Mega Project O d. Strategy
- This exercise tests your ability to come up with a detailed and elaborate Business Case for a project. One of the main responsibilities of an IT Project Manager is writing and defending Project Proposals, that is, justifying the need for the project. You need to explain the organization’s need(s), the current situation, and why your proposed solution will workAssume that you wish to import a 14-seater Public Service Vehicle (PSV) to ply route 14 (Town-Nairobi West-Madaraka) of Nairobi City. You need to compute the Total Cost of Ownership (TCO), that is, the cost of purchasing and maintaining the vehicle including the regulatory requirements. You are expected to take a loan at the prevailing rates and spread it as you wish (based on your assumptions-show the calculations). You then calculate projected income expected from the “Project” (again based on some assumptions which you need to state) and give a realistic position about the viability of getting into this “project”. You earn…You are in charge of implementing the internal website your company will use to display its event calendar. Although you have limited ability to make project choices and must bargain with the functional manager to obtain the resources you need for your project, it is your responsibility to organise activities, resources, equipment, and information on the project. Which of the organisations listed below do you work for? Group of answer choices Composite structure Strong matrix Weak matrix Balanced matrixI am developing a plan for a tour event in Europe covering at least two cities for my firm. I need a little help on the following topics. (Only for personal use for my employees.) 1. Introduction - 2. Venue selection - 3. Activity details - 4. Thematic programmes specific to the cities selected - 5. Attractions – how you will present through activities - 6. Human resource plan - 7. Budget and Operational plan - 8. Monitoring and evaluation plan – 9. Conclusion -
- Project management is a challenging task with many complex responsibilities. Fortunately, there are many tools available to assist with accomplishing the tasks and executing the responsibilities. Some tools and techniques require a computer with supporting software, while others can be used manually. Project managers should choose a project management tool that best suits their management style. No one tool addresses all project management needs. TASKS (a) Using examples, describe how project planning tools and techniques can be effectively categorized (b) Using examples, discuss what constitutes the project execution tools and techniques of project management.must be measured regularly to identify variances from the plan. O A. Schedule progress O B. Project performance O C. Cost O D. Stakeholder requirementsPlease provide feedback and reaction to discussion below. A project is a “temporary activity launched for a specific purpose, to carry out a particular objective” (Wallace, 2020, p. 354). Projects are generally special and specific to a certain task. They also can contain many complicated or long-term steps that are needed to complete the project. In a project, steps and tasks are not always straight to the point. Because projects are unique, there are constraints to be followed. These constraints are forces that consists of time consumption, costs and budgets, and scope (Wallace, 2020). These forces work hand in hand and affect each other differently. A process is different from a project and generally less complicated. While projects contain complicated and elongated steps, processes are usually shorter and straight to the point. A process “is a series of events designed to deliver a product or service that is repeated over and over” (Wallace, 2020, p. 354). In order to keep the…
- In your own words, describe the elements that are required in order to have an effective scope statement. Note that point form is acceptable for your answers >>b) Explain your approach to improve project delivery with the adoption of project ‘operational planning’. c) Explain your approach to using project product breakdown structure as opposed to work breakdown structure on a project you have been tasked to perform.When a project manager must reduce the duration and time on a project, removing deliverables from what was originally planned would be an example of. A. Fast tracking B. Reducing the project scope C. Using critical chain project management D. Compromising quality