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Mar 3203 Ucf Exam 3 Text Terms Exam Questions With Correct Answers |Latest Update 100% Solved| Graded A+

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MAR 3203 UCF EXAM 3 TEXT TERMS EXAM QUESTIONS WITH CORRECT ANSWERS |LATEST UPDATE 100% SOLVED| GRADED A+

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MAR 3203 UCF EXAM 3 TEXT TERMS EXAM QUESTIONS WITH CORRECT ANSWERS |LATEST
UPDATE 100% SOLVED| GRADED A+

Process redesign ( process reengineering ) is the fundamental rethinking of business
processes to bring about dramatic improvements in performance. Effective process redesign
relies on reevaluating the purpose of the process and questioning both purpose and underlying
assumptions. It works only if the basic process and its objectives are reexamined.




management of projects involves three phases Planning: This phase includes goal setting,
defining the project, and team organization.




Scheduling: This phase relates people, money, and supplies to specific activities and relates
activities to each other.



Controlling: Here the firm monitors resources, costs, quality, and budgets. It also revises or
changes plans and shifts resources to meet time and cost demands




Three popular techniques to allow managers to plan, schedule, and control Gantt charts,
PERT, and CPM




project organization is developed to make sure existing programs continue to run smoothly
on a day-to-day basis while new projects are successfully completed




The project organization may be most helpful when Work tasks can be defined with a
specific goal and deadline.

, The job is unique or somewhat unfamiliar to the existing organization.



The work contains complex interrelated tasks requiring specialized skills.




The project is temporary but critical to the organization.



The project cuts across organizational lines.




Project managers receive high visibility in a firm and are responsible for making sure that (1)
all necessary activities are finished in proper sequence and on time; (2) the project comes in
within budget; (3) the project meets its quality goals; and (4) the people assigned to the project
receive the motivation, direction, and information needed to do their jobs.




Ethical Issues Faced in Project Management Project managers not only have high visibility
but they also face ethical decisions on a daily basis. How they act establishes the code of
conduct for the project. Project managers often deal with (1) offers of gifts from contractors,
(2) pressure to alter status reports to mask the reality of delays, (3) false reports for charges of
time and expenses, and (4) pressures to compromise quality to meet bonuses or avoid
penalties related to schedules.




Gantt chart s are low-cost means of helping managers make sure that (1) activities are
planned, (2) order of performance is documented, (3) activity time estimates are recorded, and
(4) overall project time is developed

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