Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

Question:

(a) A project manager must take ownership of the project at its early stage through the following tasks namely stakeholder identification and analysis, prepare business case, create a project charter, organize a kick off meeting and compile a preliminary scope statement. Briefly elaborate on the importance of

(i) Project Charter
(ii) Kick-off meeting
(iii) Preliminary Scope statement

(b) Project monitoring and control focuses on activities undertaken to observe project execution so that potential problems and risks can be identified and prevented in a timely manner. The Project manager and key stakeholders must monitor progress against plans and take corrective actions if and when necessary through the monitoring and control of a number of tasks including:

(i) Monitoring and controlling tasks for Project Quality Management
(ii) Monitoring and controlling tasks for Project Human Resource Management
(iii) Monitoring and controlling tasks for Project Communication Management

(c) Project procurement management includes the processes to purchase or acquire products, services needed outside the project team to complete activities in a project. Briefly elaborate on steps for developing a procurement management plan.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M9590776

Have any Question?


Related Questions in Business Management

Can you explain how realistic job preview is related to

Can you explain how realistic job preview is related to Ethics and the Integrity of Management

Describe three 3 measures to increase the chances of

Describe three (3) measures to increase the chances of stakeholders agreeing to and endorsing workplace planning objectives.

Mr barney the ceo has received your memo request to be

Mr. Barney, the CEO, has received your memo request to be considered for further leadership positions. He has decided to put you to the test! He assigns you to help his Director of Payroll, Loretta Cash with a problem.  ...

How could swot analysis be used to align training

How could SWOT analysis be used to align training activities with business strategies and goals?

Assignment - implementing change in order for managers to

Assignment - Implementing Change In order for managers to respond effectively to environmental or organizational pressures that can be disruptive to an organization, they must implement clear intervention strategies. In ...

What do you think about the response from the ceo of united

What do you think about the response from the CEO of United? The United Airlines statement reads: "Flight 3411 from Chicago to Louisville was overbooked. After our team looked for volunteers, one customer refused to leav ...

As the economy continues to strengthen where do you see

As the economy continues to strengthen, where do you see transportation contributing to the growth?

Paper training and developmentyou will apply what you have

Paper: Training and Development You will apply what you have learned about the use of training to make improvements in employee performance in support of organizational objectives. Select an organization that you are fam ...

Many of the relationships in our macroeconomic models are

Many of the relationships in our macroeconomic models are linear; two variables are related by the equation for a straight line y = mx+b. What is the relationship between (i) the sign of the slope m and (ii) the cyclical ...

Need help answering this the decision to globalize

Need help answering this, The decision to globalize operations is very complex and not without risks. Chose a company that has not yet globalized and answer the following: Describe how would you decide if the best option ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As