Involves making tradeoffs between scope, time and cost for a project. Changes will occur throughout the project especially in areas of scope, time allocations for specific tasks as well as finances.
The three following variables are interdependent:
Increased Scope = increased time + increased cost
Tight Time = increased costs + reduced scope
Tight Budget = increased time + reduced scope
Q2. Describe the two primary diagrams most frequently used in project planning
Pert Chart: is a graphical network model that depicts a project’s tasks and the relationships between those tasks
An example:
Gantt Chart: is a simple bar chart that depicts project tasks against a calendar. Most common tool used by project managers.
An example:
Q3. Identify the three primary areas a project manager must focus on managing to ensure success
- Managing people (when doing this, conflicts must be resolved if they occur)
- Managing communications
- Managing change
Q4. Outline 2 reasons why projects fail and two reasons why they succeed.
Why projects fail
1 - Poor scope
2 - Unrealistic expectations, especially regarding organisations objectives.
Why projects succeed
3 - Good communication
4 - Project sponsorship at executive level
CLICK TO VIEW CHAPTER 11 SLIDES !
No comments:
Post a Comment