PRM3701 Assignment 6 Semester 2 (705306) DUE 1 October 2024
17 views 0 purchase
Course
Project Management
Institution
University Of South Africa
Book
Projectmanagement
QUESTION 1 [15 MARKS] You have been invited to deliver a speech to young
graduates about important issues in project management. To educate them properly
answer the questions that follow. • Please note you will be required to do research on
the questions below. • Also indicate your refere...
PRM3701 Assignment 6 Full Solutions Semester 2 2024 (705306) - DUE 1 October 2024
PRM3701 Assignment 6 (ANSWERS) Semester 2 2024 (705306) - DUE 1 October 2024
PRM3701 Assignment 6 (COMPLETE ANSWERS) Semester 2 2024 (705306) - DUE 1 October 2024 ; 100% TRUSTED Complete, trusted solutions and explanations.
All for this textbook (23)
Written for
University of South Africa
Project Management
All documents for this subject (92)
Seller
Follow
GeniusGears
Reviews received
Content preview
PRM3701
Assignment 6
Semester 2
Unique No: 705306
DUE 1 October 2024
, QUESTION 1
1.1
A project manager must expertly navigate various constraints to ensure project success.
Five critical constraints are:
1. Scope: This refers to the detailed set of deliverables or features of a project. The
project manager must balance stakeholder expectations with the defined project
scope to prevent scope creep, which can lead to project delays and increased costs.
2. Time: Time constraints establish the schedule for project completion. A project
manager must effectively manage timelines, set realistic deadlines, and ensure that
the project is progressing according to the established schedule.
3. Quality: Maintaining the quality of project deliverables is essential. The project
manager must implement quality control processes and ensure that the project
meets the established quality standards without compromising on time and cost.
4. Resources: This includes human resources, equipment, and materials required for
the project. The project manager must allocate resources effectively while
considering their availability, capability, and the overall impact on project delivery.
5. Risk: Every project has uncertainties and potential risks. The project manager must
identify, assess, and engage in risk management strategies to minimize the impact
of negative events on the project's success.
References:
• Project Management Institute (PMI). (2021). A Guide to the Project Management
Body of Knowledge (PMBOK® Guide), 7th edition.
• Kerzner, H. (2017). Project Management: A Systems Approach to Planning,
Scheduling, and Control (12th edition).
1.2
1. Initiation Phase:
o Defining the Project Goals: Establishing clear objectives and identifying
project deliverables.
o Feasibility Study: Conducting an analysis to evaluate if the project is viable
and worth pursuing.
2. Planning Phase:
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller GeniusGears. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $2.81. You're not tied to anything after your purchase.