Man 4583 - Study guides, Class notes & Summaries

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...

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 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...

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 risk analysis 3. Risk response plans 4. Risk regist...

UCF MAN 4583 Exam 1 Module 1 (1/4) Questions and Answers 100% Pass What is a project? A 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 Work that's the same day after day, producing the same results Ex: Admitting patients into the hospital What is project management? Answers several questions: What problem are you solving? How are you going to solve it? What'...

MAN 4583 Ch6 Test Questions and Answers Stakeholder analysis - Answer-a stakeholder identification technique composed of gathering and evaluating information to determine whose interests should be emphasized throughout the project. Stakeholder register - Answer-a repository of information regarding all project stakeholders Stakeholder engagement plan - Answer-a subsidiary component of the project management plan that defines how to effectively engage stakeholders in planning and performi...

What constitutes a project? - - Temporary endeavor - Beginning and end - Creates unique product - Not continuous operation - Budget Project Manager - - Assigned to achieve projects objectives - Leads projects team - Organizes projects resources - Planning/ overseeing project in its entirety - COMMUNICATING - Authorization given through project charter Simple Project Life Cycle/ Knowledge Areas of Process Groups - Initiating, planning, executing, monitoring/controlling, closing ...

Man 4583 Exam 2 With All Questions and Answers ...

MAN 4583 EXAM 2 2024 WITH 100% CORRECT ANSWERS Which of the following represents an activity on an AON project network? - correct answer A node When translated into a project network, a work package will become - correct answer one or more activities Which of the following is provided by both the project network and the work breakdown structure? - correct answer activity duration On a project network, the activity times are derived from the - correct answer work package An activ...