Question

In: Civil Engineering

The project management plan is the most important planning document produced with inputs from several project...

The project management plan is the most important planning document produced with inputs from several project team members. In which of the following processes will the project management plan NOT be updated?

Monitor and Control Project Work

Develop Project Charter

Perform Integrated Change Control

Direct and Manage Project Work

There are three projects:
Project A has a payback period of 3 years and NPV of $ 300,000.
Project B has a payback period of 2 years and NPV of $ 200,000.
Project C has a payback period of 1 year and NPV of $ 100,000.

Which project should be selected if NPV criterion is used?

Project A

Project B

Project C

Project A, B, or C can be selected, because all of them have equal value

Project integration management includes the processes and activities needed to identify, define, combine, unify and coordinate the various processes and project management activities within the project management process group. When a project is initiated, one of the processes taken up early on in the project initiation stage is:

Identify Stakeholders

Define Scope

Plan Human Resource Management

Develop Project Management Plan

Expert Solution

Ally Wells answered 8 months ago

Project communication is one of the most important factors in project management. A project manager will...

Project communication is one of the most important factors in project management. A project manager will spend most of his/her time on communications. Discuss who the project stakeholders on the District 4 Move project are. Discuss various types of communications you will need to use on the project, what stakeholder(s) each type would address, and the frequency of each communication type. You may choose to use a table for this information. Justify your responses.

Question The two most important components of financial planning are the operating plan and the financial...

Question The two most important components of financial planning are the operating plan and the financial plan. Briefly define each. List the five uses of free cash flow and discuss how these uses are related to a financial plan What do you think is the most difficult aspect to financial planning for a corporation?

Why is business continuity planning so important? Identify several reasons why testing the plan is a...

Why is business continuity planning so important? Identify several reasons why testing the plan is a good idea.

What is an effective communication plan? Why is the delivery method important for project management?

Create a project risk management document for a hair product company using the following headings: planning,identification,qualitative...

Create a project risk management document for a hair product company using the following headings: planning,identification,qualitative analysis,quantitative analysis.response planning,response implementation and monitoring.

List three important items that belong within a Project Management Plan, and the importance of breaking the project into phases.

List three important items that belong within a Project Management Plan, and the importance of breaking the project into phases. Please comment on the importance of obtaining sponsorship approval when concluding each phase of the project.

“It should be the most important document a shareholder reads - - but the annual report...

“It should be the most important document a shareholder reads - - but the annual report is often less useful than it ought to be and change is needed…It’s too difficult and detailed to see the wood from the trees. Despite the multiple disclosures, one report is far from comparable with another, so it’s hard to benchmark against competitors.” “Its production was evidently left to people whose primary interest was not creating an efficient piece of communication. It fails, again...

Question 3 “It should be the most important document a shareholder reads - - but the...

Question 3 “It should be the most important document a shareholder reads - - but the annual report is often less useful than it ought to be and change is needed…It’s too difficult and detailed to see the wood from the trees. Despite the multiple disclosures, one report is far from comparable with another, so it’s hard to benchmark against competitors.” “Its production was evidently left to people whose primary interest was not creating an efficient piece of communication. It...

True or false One of the most important principles governing an ecosystem is that the inputs...

True or false One of the most important principles governing an ecosystem is that the inputs to the ecosystem are equal to the outputs

What are project assumptions and provide an example as to why it is important to document...

What are project assumptions and provide an example as to why it is important to document them.(answer in a paragraph with at least 75 words )