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Define the term project. Enumerate the characteristics that help differentiate projects from other functions carried: project management Assignment, RBS, South Africa
1 a) Define the term project. Enumerate the characteristics that help differentiate projects from other functions carried out in the daily operations of an organization.
b) How are projects linked to an organization’s strategic plan? Discuss using an appropriate example.
(2) Although project management may seem overwhelming at times, breaking it down into distinct cycles can help the PM team manage even the most complex projects and use time and resources more wisely? And Discuss the Phases of the Project Management Lifecycle using an appropriate example.
(3) Discuss the major Project Management knowledge areas and implications to project managers in detail.
(4). a) Projects are often completed late. Describe the techniques you would use as a project manager to improve the accuracy and reliability of your project schedule. In responding to the above points, be sure to: Critique project theory based on your experience and understanding. This is important –don’t just “regurgitate” the theory Provide examples, data or other relevant information to support your discussion. Examples can be from work experience, research, or study group experience, for example. They should demonstrate the theoretical points you are asserting in the questions. (2.5pts)
b) Identify five common project risk strategies employed to address threats that your project may face. Give an example of each.
(5). During the execution of a project, a risk is identified by a team member. This newly identified risk is currently not in the Risk Register. As a Project Manager, what is the first action you would take after being notified of the risk?
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