Develop project charter Study guides, Class notes & Summaries

Well-structured PRM3701 Assignment 6 (ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!)..... 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 references 1.1 Discuss five constraints, besides a project budget, tha...

What is 'muda'? - Answer-It means waste in Japanese What is "DOWNTIME"? - Answer-Defects Overproduction Waiting Non-Utilized Talent Transportation Inventory Motion Extra-Processing Is receiving the wrong order a defect? - Answer-Yes, it is a defect of a process. What is Overproduction? - Answer-Making more, earlier, or faster than the next process needs it. What is Waiting? - Answer-The most prevalent waste. Involves eating for man machine, materials, information etc. What is no...

The project plan is the document that is used to _____. A) describe how the project team will go about developing the proposed system B) outline the tasks to be addressed in developing the proposed system and develop a time estimate for each task. C) outline the technical, economic, and organizational feasibility of the proposed system D) summarize the business need and explain how the proposed system supports that need and creates value E) all of the above correct answers A) describe...

What is the Mean, Mode & Median for the data in Column 1, Data Set A? a. Mean = 8.7, Mode = 8, Median = 7 b. Mean = 8.7, Mode = 7, Median = 8 c. Mean = 8, Mode = 8.7, Median = 7 d. Mean = 7, Mode = 7, Median = 8.7 e. Mean = 8, Mode = 8, Median = 7 - Answer B Formula: Mean = Sum(x)/n = 8.7 Mode = Most frequent value = 7 Median = because sample is even (n=50), the median is the average of the (n/2)th and ((n/2)+1)th values in the sorted series = 8 Please reference Quantifying Process Va...

Green Belt Exam Questions and Answers with Verified Solutions What is the Mean, Mode & Median for the data in Column 1, Data Set A? a. Mean = 8.7, Mode = 8, Median = 7 b. Mean = 8.7, Mode = 7, Median = 8 c. Mean = 8, Mode = 8.7, Median = 7 d. Mean = 7, Mode = 7, Median = 8.7 e. Mean = 8, Mode = 8, Median = 7 Answer B Formula: Mean = Sum(x)/n = 8.7 Mode = Most frequent value = 7 Median = because sample is even (n=50), the median is the average of the (n/2)th and ((n/2)+1)th va...

Develop Project Charter - The process of developing a document to formally authorize a project or phase; outlines the project objectives and defines the authority of the PM Develop Project Management Plan - The process of defining, preparing, and coordinating all plan components and consolidating them into an integrated plan Direct and Manage Project Work - The process of leading and performing the work defined in the project management plan; Involved managing people, improving processes, r...

CMCA PRACTICE EXAM QUESTIONS AND ANSWERS 100% PASS Preparing a bid request includes which of the following: A. Verifying References. B. Identifying potential contractors. C. Recommending a contractor to the board. D. Verifying contractor insurance. B Legal review prior to executing a contract will assist the association in the event that: A. A subcontractor is used. B. A performance bond is required. C. There is a budgetary shortfall. D. The board has questions or concerns. D Rather tha...

Plan Schedule Management (Process 2) Project Schedule Management (KA) - ️️ What are the Outputs of the 'Define Scope'? - ️️Process 4, Planning, Project Scope Management (KA) How many processes in Project Integration Management knowledge area? - ️️Seven What are the seven processes of the Project Integration Management knowledge area? - ️️1. Develop Project Charter 2. Develop Project Management Plan 3. Direct and Manage Project Work 4. Manage Project Knowledge 5. M...

2024 PROJECT MANAGEMENT COURSE BY SOPHIA PM1001 SOPH-0013 NEW GEN UPDATED QUESTIONS AND ANSWERS GRADED A+ Which of the following was an intangible benefit when a large corporation implemented a company wellness plan to encourage and support healthy employees' lifestyles? A. Improved productivity B. Reduced payments for insurance C. Better decision-making capabilities D. Reduced sick days taken Ans- C Elena is working on a project to create a new pet leash for her pet supply compan...

Develop Project Charter - ANSWERSThe process of developing a document to formally authorize a project or phase; outlines the project objectives and defines the authority of the PM Develop Project Management Plan - ANSWERSThe process of defining, preparing, and coordinating all plan components and consolidating them into an integrated plan Direct and Manage Project Work - ANSWERSThe process of leading and performing the work defined in the project management plan; Involved managing people, ...