Pick any project that is real or imagined - one you have managed, worked on, observed, succeeded,
Question:
Pick any project that is real or imagined - one you have managed, worked on, observed, succeeded, or failed at, etc. (As a last resort, invent or imagine one.) Then address each of the following:
1. Explain in simple English (not project management jargon) and in one or two paragraphs what steps or actions or processes would make sense to exercise in ensuring that you produce a sound scope, schedule, and cost assessment for your project; and explain why you believe in its soundness. (For cost, you should, in simple English, capture the essence of the ideas associated with the S-curve and both the contingency and management reserves.)?
2. Now that you have expressed your approach in simple English, attempt to associate that approach with the techniques and artifacts addressed in the Foundational PM Review for Risk Management. One very efficient and recommended (but not required) approach might be to have a table which shows key phrases from (i) above in the first column, with the second column containing the corresponding techniques/artifacts you learned about this week. In a single sentence (in the second column), you can briefly justify that correspondence. A single paragraph or a table should suffice.
3. Finally, pick a common endeavor (like the driving from Chicago to DC example in the Foundational PM Review for Risk Management narrative this week) or a project if you prefer, and explain very briefly and in simple English, how the seven project risk management processes could apply (or not apply) to that endeavor. Again, it would be simpler and more efficient to use a 2-column table like the one in the narrative to do that. Your second column does not need to be elaborate. A brief sentence or even an expressive phrase would be perfect. A single paragraph or a table should suffice.
Modern Database Management
ISBN: 978-0133544619
12th edition
Authors: Jeff Hoffer, Ramesh Venkataraman, Heikki Topi