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Project Management Questions and Answers

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Q 1: What is a project portfolio management system? Describe the considerations for designing such a system.
Q 2: Discuss the importance to fully integrate the WBS with the organization. In your estimation, what could happen if this integration does not take place?
Q 3: Under what conditions would you consider using a responsibility matrix as opposed to a full-blown WBS? In your answer provide an example of a project that would fit the use of a responsibility matrix and explain why.
Q4: Summarize the components (terminology) of a project network. Choose a project, and give examples from that project for each component.
Q5: Explain the major types of costs, and indicate which ones can be controlled by the project manager.
Q6: Compare and contrast resource allocation methods for time-constrained and resource-constrained projects.
Q7: Explain the project cost-duration graph and how it is constructed and used.

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Solution Summary

This solution contains answers to the following questions:

Q 1: What is a project portfolio management system? Describe the considerations for designing such a system.
Q 2: Discuss the importance to fully integrate the WBS with the organization. In your estimation, what could happen if this integration does not take place?
Q 3: Under what conditions would you consider using a responsibility matrix as opposed to a full-blown WBS? In your answer provide an example of a project that would fit the use of a responsibility matrix and explain why.
Q4: Summarize the components (terminology) of a project network. Choose a project, and give examples from that project for each component.
Q5: Explain the major types of costs, and indicate which ones can be controlled by the project manager.
Q6: Compare and contrast resource allocation methods for time-constrained and resource-constrained projects.
Q7: Explain the project cost-duration graph and how it is constructed and used.

All sources are cited in APA format and a project network diagram is included.

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Project Management and Working in a Team

Think of a recently completed group project that you have been involved in. This project may have been a student project, a group project, or an extracurricular project.

Briefly describe the situation and choose one of the following to post on the discussion board:

1. Analyze the development of the team in terms of the four-phase model. Does this model describe how the team evolved?

2. Analyze the group in terms of situational factors that influence team development. What factors positively contributed to group performance? What factors negatively contributed to group performance? How did the group try to overcome the negative factors?

3. What could you have done differently to overcome these negative factors?

4. Analyze how effectively the group managed meetings. What did the group do well? What didn't the group do well? If the group were formed again, what specific recommendations would you make about how the group should manage meetings?

Please help get me started by providing an example and applying one of the issues above. Thank you.

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