Project managment-26

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University of the South Pacific, Fiji *

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Information Systems

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Nov 24, 2024

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resume work quickly after a hard drive failure. What type of risk management strategy do backups represent? risk avoidance risk mitigation risk transfer risk acceptance ChatGPT ChatGPT Backups represent a risk management strategy known as "risk mitigation." Risk mitigation involves taking actions to reduce the probability or impact of a risk. In this case, by regularly backing up their work, the project team is implementing a proactive measure to mitigate the risk of data loss in the event of a hard drive failure. The backups serve as a precautionary measure to minimize the impact on the project schedule and ensure that work can be resumed quickly in case of a failure. You Which of the following skills is not crucial for a project manager to possess? identifying deliverables assigning work to resources estimating time and cost measuring progress ChatGPT ChatGPT Among the options provided, the skill that is typically considered as less crucial for a project manager to possess directly is "assigning work to resources." While it's important for a project manager to have the ability to delegate and allocate tasks effectively, the primary emphasis often lies in skills such as: 1. Identifying deliverables: Clearly defining and understanding the project's objectives and deliverables is essential for effective project management. 2. Estimating time and cost: Accurately estimating the time and cost required for project tasks is crucial for planning and resource allocation. 3. Measuring progress: Monitoring and assessing project progress against the planned schedule and budget are vital aspects of project management. While assigning work to resources is an important managerial function, it is generally more encompassed in the broader category of people management and leadership skills rather than being a standalone skill critical to project management. You incorrect ChatGPT ChatGPT I appreciate your feedback. Upon closer inspection, I see that my response may not fully align with the options provided. I apologize for any confusion. Let's reconsider the options: 1. Identifying deliverables: This is crucial for project managers as it involves understanding the project's goals and outcomes. 2. Assigning work to resources: Delegating tasks and allocating resources efficiently is an important project management skill. 3. Estimating time and cost: Accurate estimation is essential for effective project planning and control. 4. Measuring progress: Monitoring and measuring progress against the project plan is a key responsibility of a project manager.
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