Question

In: Computer Science

How will you, as the project manager, know whether the project is following the desired path...

How will you, as the project manager, know whether the project is following the desired path as per the project measurement plan? Please provide a detailed answer.

Solutions

Expert Solution

Project Management is the process whereby a single manager is responsible for planning, organizing, coordinating, directing and controlling the combined efforts of all functions and staff groups in accomplishing project objectives.

You can follow the below mentioned steps for an effective plan:

(a) planning the work/project, Planning establishes the framework upon which the Project Manager issues work authorization to the task organizations which include scope of work, schedules, budgets and technical objectives.

(b) scheduling the plan, which involves preparation of project schedules and includes the development of project master schedules and subordinate schedules, based on the provided work.

(c) The Authorization process of the work, where the process breaks the requirements down into subordinate elements of work appropriate to the size of the project, schedules its accomplishments, establishes budgets and allocates resources.


Related Solutions

As the project manager, you know it is important to get the project off to a...
As the project manager, you know it is important to get the project off to a good start. You are working with your project sponsor to decide on the optimal project management structure for this project. You are confident that either a dedicated project team structure or a matrix structure will work for the project, but the project sponsor thinks either will fail. Describe how you will reassure the project sponsor that either structure will be successful. Explain the pros...
Imagine you are a project manager of a green roof top installation project. You have to make a critical path for your project? How can you do it?
Imagine you are a project manager of a green roof top installation project. You have to make a critical path for your project? How can you do it? Construct the critical network diagram (critical path) for this project.
Project Scheduling (incl. Network, Critical Path, WBS) Project: opening a new Restaurant. Anyone know how to...
Project Scheduling (incl. Network, Critical Path, WBS) Project: opening a new Restaurant. Anyone know how to create a critical path and wbs for this project? I did the network but I am not sure if I did it right.
subject...project management 4. As a project manager, you should know the characteristics of a project. The...
subject...project management 4. As a project manager, you should know the characteristics of a project. The project, for example, utilizes processes to move the project work forward. All of the following are typical of a project, except for which one? a,It is a temporary endeavor. b, It creates a unique product or service. c, It occurs monthly. d,It has an end date. 5. An organization is considering investing in a new project, but they want to make certain the investment...
You are trying to value the following project for your company. You know that the project...
You are trying to value the following project for your company. You know that the project will generate free cash flows in perpetuity that will grow at a constant annual rate of 2% after year 2. The applicable interest rate for this project is 11%. What is the NPV of this project? Express your result in $-millions (do not include the $-symbol in your answer). If you calculate a negative NPV enter a negative number. Free Cash Flow Forecasts (in...
As an IT manager, it is imperative to know how well the company you work for...
As an IT manager, it is imperative to know how well the company you work for is performing overall. This is especially important in order to ensure that the IT operations deliver on supporting the organizational vision and business strategy. Therefore, students will evaluate the factors involved in making the IT department a profit center, especially considering the market's current focus on analytics. First, conduct research to acquire the income statements (also referred to as profit and loss or P&L...
Which network path is the critical path of this project?
Which network path is the critical path of this project?
You are trying to value the following project for your company.You know that the project...
You are trying to value the following project for your company. You know that the project will generate free cash flows in perpetuity that will grow at a constant annual rate of 2% after year 2. The applicable interest rate for this project is 10%. What is the NPV of this project? Express your result in $-millions (do not include the $-symbol in your answer). If you calculate a negative NPV enter a negative number.Free Cash Flow Forecasts (in $-millions)Year012Free...
Given a project with the following characteristics, answer the following questions: You are the project manager...
Given a project with the following characteristics, answer the following questions: You are the project manager of a project to upgrade the generators at cell phone towers. Your project is scheduled to last for 12 months. It is the beginning of month 4. Your crews are to upgrade 8 cell phone towers per month for 12 months. Each generator is planned to cost $40,000 which includes equipment, labor, and fueling costs. You have upgraded 30 cell phone towers and your...
Research the company and describe what the career path for a project manager might look like...
Research the company and describe what the career path for a project manager might look like within the selected company.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT