Man 4583 exam - Study guides, Class notes & Summaries

MAN 4583 Exam 1 (elaborations) Questions & answers | latest update version 2024 | Verified 100% Correct Explations | Already Passed Graded A+| Actual Complete Solution - DISTINCTION GUARANTEED

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...

What is a project? - Temporary endeavor: beginning and end Creates a unique product Not a continuous operation! What is 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 What are stakeholders? - persons or organizations actively involved in the project have interests that may be positively or negatively affected may influence the p...

Project success or failure often is reliant upon the contributions of all of the following groups of stakeholders EXCEPT A) Customers B) Suppliers C) Contractors D) Competitors E) Top management Competitors Managing a project and leading a project are two different things. Project leadership is about coping with A) Formulating plans and objectives B) Monitoring results against plans C) Change D) Taking corrective action when necessary E) Designing structures and procedures Change Which metapho...

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 project that requires time. What is a merge activi...

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...

A You are in the process of creating cost estimates for your project activities. You start with a document that details all the activities that will be performed in the project, and you begin to estimate the cost of each of the activities listed. What is this document? A. Work Breakdown Structure B. Network Breakdown Diagram C. Critical Path Structure D. None of the above C While planning for a construction project, you realize that one of the project activities requires a crane. Your company ...

WBS breaks down into ____ rather than ___ deliverables; activities when defining work activities it is essential to involve the people who will actually be performing the project work how do you define a work activity give activity a name; short & starts with a verb Sequencing work activities put work activities in a logical order you should sequence activities so that they are done ASAP Who should create estimates for activity durations those who will be performing the activities overesti...

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,...

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 termed a - merge activity Which of the followi...