Explore BrainMass

Project Management

Project Management: Managing Stakeholder Expectations

Stakeholders may not communicate as frequently or politely as a project leader prefers. How would you work with a stakeholder who threatens to go over your head and complain to your supervisor if you cannot guarantee specific results?

Risk Assessment in a Project

What is risk reassessment and what advantage and disadvantage does it have within a project. Also what are the different type of reporting practices that can be use within a project and if they have any advantage and disadvantage within the project.

Practice Problems - Net Cash Flow, Depreciation, Project Evaluation and More

Problem 3 A drill press costs $30,000 and is expected to have a 10 year life. The drill press will be depreciated on a straight-line basis over 10 years to a zero estimated salvage value. This machine is expected to reduce the firm's cash operating costs by $4,500 per year. If the firm is in the 40 percent marginal tax bracket,

Negotiating Who Will Do the Major Share of the Work in a Project

People handle conflict in different ways. Assume you are the project leader and two of your team members (who report to you) are trying to negotiate who will take the major share of the work on a new project. Both feel they are overwhelmed and overworked already and neither wants the additional responsibility. Assume one of the

Optimizing Project Budget

What does it mean to crash a project? What are some ways to save money? Is it possible to shorten the critical path and save money? Explain how.

Identifying Project Stakeholders

Discuss different ways how to identify project stakeholders? Provide examples of how you as a project manager might control and manage stakeholder engagement.

Project Charter, Scope, and Work Breakdown Structure Assignment

Project Charter, Scope, and Work Breakdown Structure Assignment You have been selected to participate in a prestigious internship in a health care organization by working for the chief information officer (CIO). Your internship will consist of a series of project management activities you complete throughout this course.

Team-Based PM and Team-Based PM Best Practices

"Team-Based PM" 1. Discuss how a "project team" could be leveraged to solve a specific challenge you are facing in your position as an Administrator at work or in your academic life. Explain your response. 2. Analyze the facets of team performance to determine which capacity is the mot important across the greatest number of s

Project Audits

1. What information is gathered in a project audit and when does this typically happen? 2. Are project audits conducted in your organization? Why or why not?

ensuring that each IT project delivers value

How can you, as the IT manager, ensure that each IT project delivers value to your organization? Use the purchase of new presentation software for your organization's marketing department as an example.

Please help with business consultant question

Overview: The emphasis in this week is on how the consultant plans to obtain a contract through an understanding of the roles of the consulting team, creating a schedule for initial and subsequent meetings with the client, and effective use of the consulting process. Additionally, the week's readings provide enhanced knowledge o

Risk Approaches: How to Respond to Risks

As a project manager, the risk assessment is one of the most important pieces of project documentation. In the risk assessment, you will also determine what risk approach to take. There are four alternatives to responding to risks in project management: Avoiding, Assuming, Reducing, Transferring.

Project Management - Lessons Learned Sessions

Lessons learned meetings are vital to the project management closure process. This post will assist with understanding the goals, facilitation guidelines, and documentation ideas for lesson learned meetings.

Responding to Risk - Four Alternatives

What are the four alternatives a project organization can adopt in deciding how to address and respond to its risks? What are the implications of each approach? Supply observations from a past or present work situations that illustrate how particular types of risks were addressed.

Project Management and Responsibilities

- Describe the connection between Project Management and an organization's Strategic Plan. - Briefly describe the task decision making responsibilities under the three project management matrix structures. - In project management terms, what is meant by "managing the trade-offs?" - What is a Project Priority Matr

Risks and Project Management

Why do you think risks are often overlooked by the project manager? Please give an example to support reasoning.

Project Life Cycle

The project life cycle typically passes through four stages: definition, planning, execution, and delivery. Do situations exist in which projects may not pass through each of these typical stages? Provide examples to explain your answer.

Estimating Project Completion Time

Kozar International, Inc. begun marketing a new instant-developing film project. The estimates of R&D activity time (weeks) for Kozar's project are given in the table attached. The project has two paths: A-C-E-F and A-B-D-F. Assume the activity times are independent. a) The company wants to be 95% confident that it can deliver