Question 1: (points 5) Describe how the PMBOK relates to the development of an organization's project...

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Question 1: (points 5) Describe how the PMBOK® relates to the development of an organization's project management methodology. Question 2: (points 5) How does the PRINCE2 project management methodologies differ from the PMBOKⓇ project management methodologies? Question 3: (points 5) Describe the focus of Six Sigma methodologies. Would it be a methodology that would be used for managing a technology project? | Question 4: (points 5) Describe the Rational Unified Process (RUP) framework. Question 5: (points 5) Adaptive product life cycle, Agile methods, often used to describe a variety of methods. What are those methodologies and what are the deliverable characteristics? Question 6: (points 5) Describe the differences in creep from requirements and what are the potential impacts to the cost of the project? Question 7: (points 5) Describe how organizational process assets are used in managing the project. Question 8: (points 5) Describe the purpose of the project charter. Is the project charter ever updated after the initial draft and approval? Question 9: (points 5) Compute net present value (NPV), return on investment, and payback analysis. Assume that the projected costs and benefits for this project are spread over four years as follows: Estimated costs are $300,000 in Year 1 and $40,000 in Years 2, 3, and 4. Estimated benefits are $0 in Year 1 and $120,000 in Years 2, 3, and 4. • Use a 7% discount rate and round the discount factors to two decimals. Calculate the NPV, ROI, and clearly indicate the year in which the payback occurs. Question 10: (points 5) Describe the three main objectives of an integrated change request. Question 1: (points 5) Describe how the PMBOK® relates to the development of an organization's project management methodology. Question 2: (points 5) How does the PRINCE2 project management methodologies differ from the PMBOKⓇ project management methodologies? Question 3: (points 5) Describe the focus of Six Sigma methodologies. Would it be a methodology that would be used for managing a technology project? | Question 4: (points 5) Describe the Rational Unified Process (RUP) framework. Question 5: (points 5) Adaptive product life cycle, Agile methods, often used to describe a variety of methods. What are those methodologies and what are the deliverable characteristics? Question 6: (points 5) Describe the differences in creep from requirements and what are the potential impacts to the cost of the project? Question 7: (points 5) Describe how organizational process assets are used in managing the project. Question 8: (points 5) Describe the purpose of the project charter. Is the project charter ever updated after the initial draft and approval? Question 9: (points 5) Compute net present value (NPV), return on investment, and payback analysis. Assume that the projected costs and benefits for this project are spread over four years as follows: Estimated costs are $300,000 in Year 1 and $40,000 in Years 2, 3, and 4. Estimated benefits are $0 in Year 1 and $120,000 in Years 2, 3, and 4. • Use a 7% discount rate and round the discount factors to two decimals. Calculate the NPV, ROI, and clearly indicate the year in which the payback occurs. Question 10: (points 5) Describe the three main objectives of an integrated change request.

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Certainly Lets go through each question one by one Question 1 The PMBOK Project Management Body of Knowledge is a set of standard terminology and guidelines for project management The PMBOK Guide is p... View the full answer