Man 4583 Study guides, Class notes & Summaries

MAN 4583 Exam 1 Questions and Answers Already Passed What is a project? Temporary endeavor: beginning and end Creates a unique product Not a continuous operation! What is a project manager? Assigned to achieve project objectives Leads project team Organizes project resources Can manage project at varying levels of complexity Can manage projects in different industries What are stakeholders? persons or organizations actively involved in the project have interests that may be pos...

MAN 4583 Exam 2 Questions and Answers Already Passed What is a Project Network A flow chart that graphically depicts the sequence, interdependencies, and start and finish times of the project job plan of activities that is the critical path through the network. What are some of the things to be considered in the critical path? scheduling labor and equipment communication project's duration budgeting cash flow Identifies critical activities What is an activity? An element of the...

MAN 4583 Exam 1 Questions and Answers Rated A+ What constitutes a project? - Temporary endeavor - Beginning and end - Creates unique product - Not continuous operation - Budget Project Manager - Assigned to achieve projects objectives - Leads projects team - Organizes projects resources - Planning/ overseeing project in its entirety - COMMUNICATING - Authorization given through project charter Simple Project Life Cycle/ Knowledge Areas of Process Groups Initiating, planning,...

MAN 4583 Final Exam Questions and Answers Rated A+ What is an uncertain event or condition that, if it occurs, has a positive or negative effect on project objectives? Risk What are the 3 steps in understanding risks? 1. Hold a brainstorming session 2. Industry specific risk categories 3. Look at WBS and identify risks by tasks or group of tasks What are the four ways to manage project risk? Develop a risk management plan 1. Identify risks 2. Perform qualitative & quantitative...

Man 4583 Exam 2 Questions and Answers Already Passed Which of the following represents an activity on an AON project network? A node When translated into a project network, a work package will become one or more activities Which of the following is provided by both the project network and the work breakdown structure? activity duration On a project network, the activity times are derived from the work package An activity that has more than one dependency arrow flowing into it is...

MAN 4583 Final Exam UCF Questions and Answers Already Passed What is an uncertain event or condition that, if it occurs, has a positive or negative effect on project objectives? Risk What are the 3 steps in understanding risks? 1. Hold a brainstorming session 2. Industry specific risk categories 3. Look at WBS and identify risks by tasks or group of tasks What are the four ways to manage project risk? Develop a risk management plan 1. Identify risks 2. Perform qualitative & quantitative...

Man 4583 Exam 2 With All Questions and Answers ...