Managing a project typically includes: Initiating, Planning, Executing, Monitoring and Controlling, and Closing. * True False Portfolio manages the program staff and the project managers; they
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- The ideal outcome of the planning process group is to complete a project successfully by delivering the agreed-upon project scope within time, cost, and quality constraints Select one: True False Initiating involves developing a project charter, which is part of the project ______ management knowledge area. Select one: a. scope b. risk c. communications d. integration Estimate activity resources output Select one: a. Activity list, activity attributes, milestone list, project management plan updates b. Project schedule network diagrams, project documents updates c. Activity resource requirements, resource breakdown structure, project documents updates d. Schedule management plan As time progresses, the scope of a project should become ... Select one: a. more clear and specific b. more vague c. more ambiguous d. more difficultEvaluate the below statement according to the project management terminologies and choose the correct answer: It is the process of making a forecast or precise approximation Choose... of time and cost associated with a work package or activity. Graphically describes a project consisting of well-defined Choose.. activities, the completion of which marks its end. One of the Perform Quantitative Risk Analysis process has a Choose.. Tools and Techniques. Useful for building accountability through assigning specific Choose.. tasks to team members. It is the standard format each path through the network must be continuous with no gaps, discontinuities, or dangling Choose... activities. Organizational Assets, Project Scope Statement, Cost Management Plan and Schedule Management Plan are inputs Choose.. of: Choose... Work Breakdown Structure Expert Judgment Bar chart Estimating A horizontal diagram format Plan Risk ManagementUse Excel spreadsheets please
- Assume Bangladesh National Cricket Team needs to find a new head coach for the team. The cricket team’spresent and the future success largely depends on the formulations and implantation of the plans laid by thehead coach. The cricket board has given you the responsibility to prepare the job responsibilities of the newhead coach. You need to pinpoint very carefully which tasks he is supposed to do, as you also need to identifywhich skills and qualifications he must possess to do those required tasks smoothly. Prepare the job descriptionand job specification for the position of “Head Coach” of Bangladesh Cricket Team.This case describes one company's approach to establishing a project portfolio management capability. It focuses on the practical methods used by United Illuminating Company (UI), a regional distribution utility that provides electricity and energy-related services in Connecticut, to migrate from a traditional functionally based project environment to a dynamic, crossfunctional business environment that manages projects for strategic advantage. The migration period addressed is approximately one year, which is the time it took to establish the fundamentals of Project Portfolio Management (PPM) into the organization. In the spirit of the continuous improvement approach to business, this effort is still in progress.UI, as a public electric utility, is transitioning to become a vital player in the new deregulated utility environment. In 2000, UI's senior management recognized that sustaining shareholder value called for improvement of business processes and the proper selection,…Outline: Propose a Business Plan for solution and for implementation for evnt planning extension. Business Requirements. a. Write business requirements or specifications. ( Minimum 5) b. Functional Decomposition. c. Propose a business lifecycle using flow chart techniques. Product/Service lifecycle (Minimum 2 flow charts) Project Management Plan a. Scope In Scope and Out of Scope. b. Time Short Term & Long Term. c. Cost - Guesstimation. Itemized budget allocation on project activities. d. Stakeholder Management - RACI Technique. e. Resource Requirements - Skills Management Supply Chain Analysis. a. Focus - International Trade, Import & Export, Distribution. b. SCM life cycle Flow of information, material, goods or services and cost. Marketing Strategy - 4P Analysis. Business/Administrative Law Regulation & License requirements. Provincial & Federal outlines. Business Communications - Customer Communication Plan. Any Managerial Accounting technique - Application Data Analysis Excel…
- (12) Cost budgeting can be best described by which of the following? A The process of developing the future trends along with the assessment of proba bilities, uncertainties, and inflation that could occur during the project B. The process of assembling and predicting costs of a project over its life cycle C. The process of establishing budgets, standards, and a monitoring system by whi ch the investment cost of the project can be measured and managed D. The process of gathering, accumulating, analyzing, reporting, and managing the costs on an on-going basis (13) The process of monitoring the status of the project to update the project costs and managing changes to the cost baseline is called A Determine Budget B. Control Costs C. Estimate Costs D. Plan Cost Manag ement (14) Cost Variance (CV) is which of the following equations? A CV = EV - PV B. CV = EV - AC C. CV = EV / AC D. A and c (15) To assist in budget control, it is suggested that an estimate be created at the level of the…At the close of your project, you measure the customer satisfaction and findthat some customer needs were not fully met. Your supervisor asks you whatsteps you took on your project to improve customer satisfaction. Whichsubsidiary plan would you consult to determine this information?A. Communications management planB. Staffing management planC. Quality Management planD. Risk management plan Customer satisfaction should be measured at the end of the project tomaintain long-term relationships. Which of the following is NOT always anaspect of customer satisfaction?A. The product meets its stated and unstated requirementsB. The product is high qualityC. The customer’s needs are metD. The project is profitableA project manager is in charge of a project, and while they agree that a 60-hour work week is unsustainable, they still desire for the project team to be effective. They should anticipate stress from a client or sponsor on a regular basis, to continue their projects within schedule and budget constraints while not compromising scope or quality. How can a project manager keep the project team active while avoiding excessive overtime? Select three of the following project management tactics —the three which may be the best choices for increasing project team efficiency. a. Trying to appeal to group members' higher-order needs (self-actualization & esteem)b. Projects and individuals should set S.M.A.R.T. targets.c. Getting the staff to believe that the consumer is always correct.d. Team members' psychological profiles (MBTI) are used to fit them to tasks.e. Keeping track of workflow with Kanbanf. Using team velocity as a predictor of efficiencyg. Brooks' Law is being used in every…
- Instructions ASSIGNMENT PROJECT SCENARIO: You are married and you are the father or mother of a family of five with kids ages 10, 13 and 15) and a dog. The family has decided to take a camping trip when the children are out of school for the summer. The planned family camping trip is the project you will use to complete this assignment. INSTRUCTIONS: Create a Responsibility Matrix for no less than seven activities to be addressed in preparation for the family camping trip. Every member of the family must be assigned primary responsibility to complete at least or more activities for the project. Also, decide whether the dog will go on the camping trip with the family or whether arrangements will be made for someone to care for the dog while the family is away. Based on your decision regarding the dog, you must include at least one activity associated with the dog as part of the project responsibility matrix. Within the matrix, use "R" to indicate which individual has primary…Given the following Business case scenarios I need help creating UML activity diagrams to highlight the main activities. Business Use Case 2: Laboratory Test Management Scenario: Doctor's Order: A physician orders specific laboratory tests for a patient. Test Request Entry: The lab technician enters the test requests into the HIS. Sample Collection: The lab technician collects samples from the patient. Sample Analysis: The samples undergo analysis in the laboratory. Test Results Entry: The lab technician enters the results into the HIS. Result Verification: A medical professional reviews and verifies the accuracy of the test results. Result Notification: The system sends notifications to the ordering physician and updates the patient's record.Develop three (3) program proposals that you think can help in improving the Job Satisfaction of employees in your company. (You may develop a new company or use an existing one) Provide the following details: COMPANY NAME: INDUSTRY: NUMBER OF EMPLOYEES: PROJECT NAME: HRM FUNCTION INVOLVED: OBJECTIVES: (at least three) HORT DESCRIPTION/ ILLUSTRATION OF PROJECT: DEPARTMENTS INVOLVED: PROPOSED BUDGET ALLOCATION: PROPOSED BUDGET SOURCING: