Man 4583 exam 1 - Study guides, Class notes & Summaries

Describe what constitutes a project: -A non-routine, one-time effort limited by time, budget, resources and performance specifications designed to meet customer needs Explain the role of the project manager and key stakeholders: Project manager: assigned to achieve project objectives leads project team organizes project resources can manage project at varying levels of complexity can manage projects in different industries Stakeholders: persons or organizations actively involved in the project...

I'm here for you! Through the years, Quizlet has helped me so much in my exams, quizzes, and assessments. I want to pay it forward If you find this helpful and would like to donate as little as $2-$5 to @stay-curious101 on Venmo it would mean the world to me! With every act of kindness, I'll pay it forward. :) "The average American gives 2.6% to charity every year" - Best of luck with all your classes! - Thank You! What is a project? - A temporary endeavor that has a specif...

UCF MAN 4583 Prep Exam 1 Questions & Answers 2024/2025 What is a project? - ANSWERSA temporary endeavor that has a specific and unique goal, and usually a budget Has an end goal: Product/Service/Outcome/Scheduling System Has a budget Operations - ANSWERSWork that's the same day after day, producing the same results Ex: Admitting patients into the hospital What is project management? - ANSWERSAnswers several questions: What problem are you solving? How are you going ...

All of the following are characteristics of a project EXCEPT: a. It has a definite beginning and end b. It repeats itself regularly c. It is temporary d. It has interrelated activities b. It repeats itself regularly A company's ongoing operations and maintenance are crucially important for providing a healthy environment for a project's product to be created and delivered. Ongoing operations and maintenance should: A. be included in the project as a separate deliverable because they usually ...

UCF MAN 4583 Final Exam Questions & Answers 2024/2025 Risk - ANSWERSWhat is an uncertain event or condition that, if it occurs, has a positive or negative effect on project objectives? 1. Hold a brainstorming session 2. Industry specific risk categories 3. Look at WBS and identify risks by tasks or group of tasks - ANSWERSWhat are the 3 steps in understanding risks? Develop a risk management plan 1. Identify risks 2. Perform qualitative & quantitative risk analysis 3. Risk respon...

MAN 4583 Final Exam Questions and Answers Rated A+ What is an uncertain event or condition that, if it occurs, has a positive or negative effect on project objectives? Risk What are the 3 steps in understanding risks? 1. Hold a brainstorming session 2. Industry specific risk categories 3. Look at WBS and identify risks by tasks or group of tasks What are the four ways to manage project risk? Develop a risk management plan 1. Identify risks 2. Perform qualitative & quantitative...

MAN 4583 Exam 2 Questions and Answers Already Passed What is a Project Network A flow chart that graphically depicts the sequence, interdependencies, and start and finish times of the project job plan of activities that is the critical path through the network. What are some of the things to be considered in the critical path? scheduling labor and equipment communication project's duration budgeting cash flow Identifies critical activities What is an activity? An element of the...

MAN 4583 Final Exam UCF Questions and Answers Already Passed What is an uncertain event or condition that, if it occurs, has a positive or negative effect on project objectives? Risk What are the 3 steps in understanding risks? 1. Hold a brainstorming session 2. Industry specific risk categories 3. Look at WBS and identify risks by tasks or group of tasks What are the four ways to manage project risk? Develop a risk management plan 1. Identify risks 2. Perform qualitative & quantitative...

MAN 4583 Final Exam UCF Questions and Answers Already Passed What is an uncertain event or condition that, if it occurs, has a positive or negative effect on project objectives? Risk What are the 3 steps in understanding risks? 1. Hold a brainstorming session 2. Industry specific risk categories 3. Look at WBS and identify risks by tasks or group of tasks What are the four ways to manage project risk? Develop a risk management plan 1. Identify risks 2. Perform qualitative & quan...

Man 4583 Exam 2 Questions and Answers Already Passed Which of the following represents an activity on an AON project network? A node When translated into a project network, a work package will become one or more activities Which of the following is provided by both the project network and the work breakdown structure? activity duration On a project network, the activity times are derived from the work package An activity that has more than one dependency arrow flowing into it is...