Mgmt 404 mgmt404 Study guides, Class notes & Summaries

Introduction In this introduction, I will talk about the Getta Byte software project. This project's goal is toimplement a new billing system. This billing system will simplify our company's billingproceduresandsaveustimeandmoney.Whenthesoftwareisinstalled,itwillprovideaconcise,simple, and quick data entry system. The system will run on a cloud/VPN network and will beprotected by security redundancies from the ground up. As a result, both the user and theoperator should have a more enjoyabl...

The Getta Byte Software gave great insight on a god project charter. Theircurrentmanualsystemhasafewchallengessuchasinaccuraciesintheirdataentriesaswellasbeingtime-consuming.Inaccuratedatacanputthecompanyatgreatriskandtherefore,thiscurrentmanualsystemmustbereplaced.GettaByteSoftwareProject'smainmissionandgoalaretoreplaceits currentmanualbillingsystemwithanonlinesoftware systemthat willenableamoreaccurate,easy,andfastdataentrysystem.Thisupgradeinonlinesoftwarewill enhancetheir dataentry,conceive...

Review this week's lesson and Appendix B. What are a few ways in which the agile methodology differs from the traditional methodology? What are a few ways in which the two methodologies are similar?

1. Question: Theriskregisterisalivingdocumentandnewriskscanbeaddedastheyarediscovered. 2. Question: Onceriskshavebeenidentifiedandanalyzed,theprojectteamdecideshowtheywillhandleeachrisk. 3. Question: WhichofthefollowingdescribestheactivitiesappropriatelyperformedbytheprojectteamduringPerformQualitativeRiskAnalysis? 4. Question: PlanRiskResponsesistheprocessofdevelopingoptionstoenhanceopportunitiesandreduce threatsforeveryriskthat hasbeen identified. 5. Question: Allofthefollowingareamongthec...

1. Question:Agile monitoring tools and techniques include which of the following 2. Question:The process for organizing daily standup meetings includes which of the following 3. Question:The objectives of daily standup meetings are short and simple discussions on

What processes or steps are involved in the creation of a risk register?

1. Question:In some cases, project teams will elect to reduce a threat to a level that asponsor and other stakeholders deem acceptable, rather than eliminate itcompletely. 2. Question:The purposeofprocesscontrolistobeabletohaveconfidence thatoutputs arepredictable. 3. Question:WhichofthefollowingdescribestheactivitiesappropriatelyperformedbytheprojectteamduringPerformQualitativeRiskAnalysis? 4. Question:DMAICistypically used asamethodofimplementingcontinuousimprovementandcanthusbepracticedrep...

1. Question: Risk response techniques include which of the following 2. Question: Examples of the transfer risk strategy includes which of the following

MGMT 404 Week 5 Discussion: Project Baseline According to the PMBOK® Guide, what are project baselines?

1. Question:ConsidertheprogrammersresourcehistogrampresentedinFigure8-3.Ifonlysixprogrammersareavailableto supportthis project,whichof the followingconclusionsisvalid? 2. Question:ConsidertheprogrammersresourcehistogrampresentedinFigure8-3.Howmanyprogrammersarerequiredduring the fifth weekofthisproject? 3. Question:CriticalChainProjectManagement(CCPM)attemptstokeepthemosthighlydemandedresourcebusyoncriticalchain activities,butnotoverloaded. 4. Question:Evenwhenaprojectteamdoes notidentifyindi...