Mgmt 404 week 1 Study guides, Class notes & Summaries

Years ago, project management was obscure, undefined, and misunderstood. Organizational leadership believed that the role could be filled by anyone and appointed random individuals to manage a project. There were no defined methodologies, processes, or tools. Project management was often thought to be unnecessary overhead, but times have changed. Today, it is an exciting, dynamic, and challenging field. Great project management means so much more than simply delivering a product or service on t...

Projects exist and operate in environments that may have an influence on them. These influences can have a favorable or unfavorable impact on the project. Two major categories of influences are enterprise environmental factors (EEFs) and organizational process assets (OPAs). EEFs originate from the environment outside of the project and often outside of the enterprise. EEFs may have an impact at the organizational, portfolio, program, or project level. See Section for additional information...

Week1:ProjectAttributes Reviewtheprojectattributesinthisweek'slessonanddiscusstwoofthemindetail. Youaretosubmittwoqualitypostsover2differentdays,withthefirstpostonorbeforeWednesdayforeachgraded discussion topic.

ProjectSelectionMethods [Videodescriptionbegins]Topictitle:ProjectSelectionMethods.ThepresenterisBarbWaters.ProjectsLeadtoBenefits.[Videodescriptionends] Oneof thekeystosuccessfulproject alignment isensuringitwilldeliver value,meet abusinessneedandachievetheexpectedbenefitstothestakeholders.Projectscreateresults,suchasneworimproveproducts,servicesoroperationalimprovements.Bothinternalandexternalcustomersmustusetheseresultstoactuallyprovidebenefits. [Videodescriptionbegins]Step1:WhoBenefit...

In the Week 1 Lesson Video, you were introduced to the team at Getta Byte Software. Yourassignment this week is to discuss the billing project charter and submit a one- to two-pagepaper.Considerwhatadditionalrisks,assumptions,orrequirementsGettaByteshouldincludeinthischarter

MGMT 404 Week 1 Discussion: Project Attributes Review the project attributes in this week's lesson and discuss two of them in detail.

Week 1 Assignment Project Proposal: For this project, I have decided to set up a Network infrastructure for a new boutique hotel in New York City. It will be a three-star hotel having 90 rooms, I have been chosen to set up and configure the hotel’s network with a property management system for their end users. I have been into hotel business for over many years as a system analyst. Technology has become an important aspect in hospitality industry and it is advancing at a faster pace than eve...

1. Question:Strategicanalysisisanimportantfirststepinsettingstrategicdirection. 2. Question:Theprojectmanageristhepersonassignedbytheperformingorganizationtoleadtheteamthatisresponsibleforachievingtheprojectobjectives. 3. Question:Whichofthefollowingstatementsconcerningstrategicanalysisistrue? 4. Question:Inreality,manyprojectsarefullysuccessfulinsomeways,butlesssuccessfulinothers. 5. Question:A deliverable is a unique and verifiable product, result or capability to perform a servicethatisre...

1. Question: Which of the following statements best describes thecontemporaryuseoffinancialmodelsandscoringmodelsforprojectselection? 2. Question: Withintheprojectcharter,thescopeoverviewaccomplishesallofthefollowingEXCEPT: 3. Question: A project charter can vary in its length from one-page tomultiplepages,dependingonthesizeandcomplexityofthe project: 4. Question: Inanadaptiveorchange-drivenprojectlifecycle: 5. Question: Whichofthefollowingstatementscorrectlydescribesprojectmanagement? 6. Q...