JAISWAL NITIK MGT4109-Project_Viz_Quiz.pdf

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Algonquin College *

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4109

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Management

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Jan 9, 2024

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docx

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1

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MGT4109 Project Time Management and Technology Project Viz Quiz Question 1 0 / 0.1 points Project Viz has fallen behind schedule, and your Project Sponsor has instructed you to get the project timelines back on track. Which of the following techniques would you choose to employ? A) Re-estimating B) Scope reduction C) Crashing D) Quality reduction E) Fast-tracking Answer: A) Re-estimating Question 2 0 / 1.9 points How would you achieve the technique in number 1 (be specific) and WHY have you chosen this technique? Re-estimation involves a reassessment of the project plan, including a thorough revaluation of the required activities and resources to complete the project. This approach can be valuable in pinpointing areas where timelines can be condensed or tasks streamlined to restore the project's forward momentum. Additionally, it provides an opportunity to identify any unforeseen changes or delays that may have cropped up during the project's progression. The project manager may revisit the project plan to identify areas that can be adjusted to get the project back on course. This method was chosen since it has been shown to be the most successful in realigning project timelines. Re-estimation assists in identifying any changes or delays that may have happened over the project's duration, as well as potential for timetable optimisation or work reduction. Furthermore, re- estimation is a low-cost method since it does not necessitate the allocation of new resources or extra labour.
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