Problem Set #$1$

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BADM $627$ Problem Set #$1$ templatev$2.$docx

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#$1$ Back to basics to start this course

Define project.

What are the five project process areas $-$ give a short explanation of each.

What are the ten project knowledge areas $-$ give a short explanation of each.

Define Project Risk $-$ list the major processes related to project risk$-$explain how risk remediation is a part of our every day lives.

How would you define quality in a project?

Why is risk a dynamic variable within a project?

How can a risk be related to a desirable event?

#$2$ What is Agile?

How is risk handled within an Agile project approach such as Scrum?

In what ways can the following activities be seen as projects?

In what ways do they resemble ongoing, routine business activities?

Feel free to add assumpitions and details to describe how the activity might be a project in one context and routine in another.

Reading a chapter before attending a university lecture.

Taking a bus to work each day.

Piloting an aircraft between Vancouver and Fiji.

Teaching a course for the first time; teaching the same course every semester.

Requirements: course textbook$)$ from scholarly articles or business periodicals is required

Include your best critical thinking and analysis to arrive at your justification.