Ucf man 4583 exam 1 - Study guides, Class notes & Summaries

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'...

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's your plan for getting the project done? How can you tell when you are done? How well...

Stages of Project Team Development forming, storming, norming, performing, adjourning Forming team first come together Storming team figures out how to work together Norming team settles in with each other Performing team is self-managing Adjourning work is done and team is complete and can disband Operations Work that's the same day after day, producing the same results Ex: Admitting patients into the hospital What is a project? A temporary endeavor that has a specific and unique goal,...

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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 ...

MAN 4583 Exam 1 - Baz UCF Questions and Answers Already Passed MODULE 1 What constitutes a project? What is a project? • Temporary endeavor: beginning and end • Creates a unique product • Not a continuous operation! A project is a unique endeavor that has a specific goal, a beginning and an end, and usually a budget. Distinguish between projects and operations: A project is any that produces a specific end result and is temporary; always have a beginning and an end. An Oper...

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 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...

What constitutes a project? • Temporary endeavor: beginning and end • Creates a unique product • Not a continuous operation What is a project? A project is a unique endeavor that has a specific goal, a beginning and an end, and usually a budget. Explain the role of a 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 Water...