Question: 1) Explain why project management plans need to be dynamic, flexible, and receptive to change when the environment or project changes. 2) Explain the triple

1) Explain why project management plans need to be dynamic, flexible, and receptive to change when the environment or project changes.

2) Explain the triple constraint concept in project management and how do they affect your project? Give examples to justify your answer.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

1 Project management plans need to be dynamic flexible and receptive to change because projects are ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Brown's Machining has three jobs with the routings and processing times(in minutes)as indicated on its drill press, lathe, milling machine, and grinder. It uses an LWR dispatching rule. Job1:...

Q:

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

Q:

QUIZ... Let D be a poset and let f : D D be a monotone function. (i) Give the definition of the least pre-fixed point, fix (f), of f. Show that fix (f) is a fixed point of f. [5 marks] (ii) Show that...

Q:

4.What is the main purpose of the risk management plan? How should the document be constructed? 5.Defining project acititivies is key to project time management. What are the four types of...

Q:

QUESTION 1 (10 Marks) 1.1 Identify the problems that Kemko encountered when they allowed acquired manufacturing plants to remain autonomous from corporate at Kemko. (6 marks) 1.2 What future problems...

Q:

12/1/2014 Culture wars... Materials for this course jointly developed by G.E. Dehler and M.A. Welsh Learning Objectives Relate knowledge regarding organization culture to the context of organization...

Q:

4.1 This project will be executed using detailed planning rather than rolling wave or progressive planning. We should be able to do this once we have clearly defined requirements. Briefly describe...

Q:

OPERATIONS MANAGEMENT ASSIGNMENT 6 1 Human resources, project management and operations management are all equally vital to a business's success. Each of these focuses on different areas of the...

Q:

1. What is project management? A) A dynamic process of organizing and managing appropriate resources in a controlled manner B) An examination of whether or not the event can be executed C) A...

Q:

Company Background Quixtar is a business opportunity company, offering entrepreneurs the ability to have a business of their own through Quixtar's I-commerce business model. I-commerce empowers...

Q:

On October 31, 2017, Pahonan Inc. (Pahonan) purchased 75 percent of the common shares of Seebe Ltd. (Seebe) for $1,500,000. Pahonan's and Seebe's balance sheets on October 31, 2017, just before the...

Q:

A company borrowed cash from the bank by signing a 5-year, 8% installment note. The present value of an annuity factor at 8% for 5 years is 3.9927. Each annual payment equals $75,000. The present...

Q:

The primary purpose of reducing tax attributes when a taxpayer excludes income from the discharge of indebtedness is to:

Q:

(a) Calculate the Repricing Gap over the 12 month time period from 30 June 2017. (b) What is the impact on the bank's earnings as a result of a 1% increase in interest rates using the results in (a)...

Q:

Investment income is offset with this related expense. During this transaction, you can exclude the first $250,000 ($500,000 for married taxpayers) of gain on sale. This term refers to an asset sold...

Q:

1. In this exercise, you will examine the risk premiums on corporate bonds. Create and save a data list on FRED containing the following data series: - 10-Year Treasury Constant Maturity Rate (Series...

Q:

Nobitha Manja Berhad (NMB) stock is currently selling at RM20. The exercise price is RM18. The stock option has 120 days to expiration. The annual risk-free interest rate is 7%. The variance has been...

Q:

Reflection Topic: College Success 1. Write about what college success means to you. How will you define success, and what strategies will you use to achieve success? Be sure to be specific. 2. Do you...

Q:

the following manufacturing cost data for the month ended September 3 0 , 2 0 2 5 . InventoriesBeginningEndingRaw materials$ 1 2 , 8 0 0 $ 1 2 , 1 0 0 Work in process 8 , 3 0 0 5 , 8 0 0 Finished...

Q:

Define Chemical Process Safety and list four reasons we need to study it and why it is particularly relevant to CRE (http://umich.edu/~safeche/index.html).

Q:

The irreversible gas-phase reaction A B + C follows an elementary rate law and is to be carried out first in a PFR and then in a separate experiment in a CSTR. When pure A is fed to a 10 dm3 PFR at...

Q:

It has been observed that substrate inhibition occurs in the following enzymatic reaction: E + S P + E a. Show that the rate law for substrate inhibition is consistent with the plot in Figure P9-10B...

Q:

Use the information given in Problem 2 of Chapter 8, as well as the computer output given here, to answer the following questions about the data from that problem. a. Conduct overall regression F...

Q:

The numerical output in Section 9.7 was useful for answering questions (a)-(c) in the BRFSS example, but not every significance test about the independent variables can be performed using this single...

Q:

Data on sales revenue Y, television advertising expenditures X1, and print media advertising expenditures X2 for a large retailer for the period 1988-1993 were given in Problem 11 of Chapter 8. Use...