Wednesday, December 18, 2019
Analysis Of Project Management Process Group - 1599 Words
Analysis One thing to keep in mind is that as each of these processes are being done; it could bring new insights into the project which may require some of the previous created project documents to be updated. The processes in the Planning Process Group may be repeated or re-addressed several times as the project progresses. It is also important to note that the outputs of certain processes serve as inputs to other processes within the Planning Process Group. Among all the Process Groups within the project management process, the Planning Process Group contains the most processes. This portrays the significance of this Process Group in respect to the project as a whole. All of these processes work in conjunction to make up the whole Project Management Plan. The risks associated with not properly addressing the key elements will ultimately result in the project failing. The PMBOK lists 9 key elements of a project plan. In this section, we will look at the associated risks if the project manager fails to address any of these. Key Element 1 ââ¬â Scope. The most common risk associated here is scope creep, or the continued addition of new aspects to the scope. Scope creep can come from both external stakeholders and internally from well-intentioned project team members. While the team members may have good intentions with looking to improve a certain deliverable, this is dangerous because it can cause a project to slip months behind. These internally generated changes may bringShow MoreRelatedSoftware Project Management Quiz Questions1182 Words à |à 5 Pages ____ 2. ____ processes include defining and authorizing a project or project phase. |a. |Monitoring and controlling |c. |Executing | |b. |Planning |d. |Initiating | ____ 3. 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This is the stage where the risk management plan is established with intentions on explaining how it is going to manageRead MoreFinal Exam Case Study:1479 Words à |à 6 Pagesï » ¿ Final Exam Case Study: Company Qââ¬â¢s Troubled Waters By: Robert F. J. Gleadall, R.E.T. Project Management, BTE-3420 Instructor: Rhonda Betker, MBA, PMP January 25, 2014 Northern Alberta Institute of Technology (NAIT) Final Exam Case Study: Company Qââ¬â¢s Troubled Waters Introduction In 2008, all of the Fortune 500 companies are having a great year because of the strong economy. One of the companies benefiting fromRead MoreEssay on Matrix Template766 Words à |à 4 PagesTemplate Project Management Knowledge Areas|Recommended Tool(s)|Justification for Tool| Project Integration Management | Expert Judgment|-PM Plan is Formal, single document, approved (becomes officially the project plan. It defines how project is executed and controlled. 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Thorough understanding the wider picture, earnedRead MoreStrategic Management At Blue Cross Blue Shield Nebraska ( Bcbsne )1282 Words à |à 6 Pagesmight go about using stakeholder identification and analysis techniques to help their organizations meet their missions and create public value. Within the practice of strategic management in different public and nonprofit organizations, however, a range of stakeholder identification and analysis techniques are used. The purpose of this paper is to examine stakeholder identification and prioritization using a case study of stakeholder management of business changes resulting from a federal mandatedRead MoreProject Management - Kanban System by Toyota877 Words à |à 4 PagesModule: Introductio n to Project Management 10th March 2012 As outlined by Wysocki (2009) any project management methodology can be split into five Process Groups. 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