Principles of Information Systems (MindTap Course List)
Principles of Information Systems (MindTap Course List)
13th Edition
ISBN: 9781305971776
Author: Ralph Stair, George Reynolds
Publisher: Cengage Learning
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Chapter 11, Problem 1TA
Program Plan Intro

Project Management:

  • The project management denotes application of skills, knowledge as well as techniques for project activities for meeting project requirements.
  • The project manager attempts to deliver a solution that meets specific cost, scope, time as well as quality goals.
  • They manage project stakeholder expectations.
  • The project managers must coordinate nine areas of expertise that includes:
    • Scope
    • Time
    • Cost
    • Quality
    • Human resources
    • Risk
    • Communications
    • Integration
    • Procurement.
  • The “forming-storming-norming-performing-adjourning” model describes how teams form, evolve, and dissolve.
  • Each project must contain a project steering team that contains senior managers representing IS organizations and business.
  • It provides guidance and support to project.
  • The key member of steering teams are project sponsor, project champion and IS manager.

Purpose of risk management:

  • It identifies analyses and manages project risks.
  • The project manager puts a rigorous effort to identify risks associated with project.
  • The project team, end users and managers get involved in this process.
  • These resources include members of risk management section and project managers.
  • Each risk is been identified and defined first.
  • The risk is been classified by probability that occurs and impact on project if risk occurs.
  • The probability and impact could be classified as high, medium or low.

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