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Exam (elaborations)

MANAGING PROJECTS

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This assignment is designed to enhance the knowledge regarding the different factors of the project. Here the various benefits and limitations are also discussed. Project management is very important for the very business organisation. As these are the plans for the temporary time period. This assignment helps to understand the various management resources which are useful in the context of the managing the projects of the business organisation. This assignment also explains the different scopes and the risks of the project in the business organisation. Here a work breakdown structure is also described which provides the depth information regarding the project management. In this assignment, a case study is given and the management report is prepared related to the working of the ABC PLC. This assignment also explains the concept of merger and acquisition of two different companies. Basically, this assignment is very helpful to understand how to manage different projects of the organisation.

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Uploaded on
September 24, 2022
Number of pages
23
Written in
2022/2023
Type
Exam (elaborations)
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Questions & answers

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MANAGING PROJECTS




1

,Contents
Introduction................................................................................................................................3

TASK 1......................................................................................................................................4

1) Define the key characteristics of any project.....................................................................4

2) What is the Scope Statement for a project? What role does the Work Breakdown
Structure (WBS) have in such a statement?...........................................................................5

3) Using the information below, plot out a full project Gantt chart and identify the critical
path. How many days does it take to complete the project?..................................................6

4) What approaches exist to generate a budget for a specific project budget?..........................8

5) How can project risk arise? Outline the various responses to risk that may be taken within
project management...................................................................................................................8

..................................................................................................................................................10

6) What would quality methods (project evaluation, monitoring, and control) you introduce
to ensure a project is completed successfully?.....................................................................10

TASK 2....................................................................................................................................11

REPORT WRITING................................................................................................................11

Conclusion................................................................................................................................22

References................................................................................................................................23




2

, Introduction

This assignment is designed to enhance the knowledge regarding the different factors of the
project. Here the various benefits and limitations are also discussed. Project management is
very important for the very business organisation. As these are the plans for the temporary
time period. This assignment helps to understand the various management resources which
are useful in the context of the managing the projects of the business organisation. This
assignment also explains the different scopes and the risks of the project in the business
organisation. Here a work breakdown structure is also described which provides the depth
information regarding the project management. In this assignment, a case study is given and
the management report is prepared related to the working of the ABC PLC. This assignment
also explains the concept of merger and acquisition of two different companies. Basically,
this assignment is very helpful to understand how to manage different projects of the
organisation.




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