Question: What are the elements of a project lifecycle? Why is it so important to ensure that these elements are clearly defined in the project? In
- What are the elements of a project lifecycle? Why is it so important to ensure that these elements are clearly defined in the project? In your opinion, how can projects become dysfunctional if the elements of a project lifecycle are not clearly defined?
- With so many employers competing for talented candidates, there is an increasing importance of talent management.
| What are they? | Describe in your own words | 1 fictional example | Why is this important to the organization or project? |
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- Organizations will only invest in projects if its likely to be successful. What are the ways we know that a project will be feasible? What can happen if the project feasibility study is not conducted?
- Describe the cost management process and provide one example (fictional) of each step in the process. Why is it important to ensure costs are maintained? What are the dangers of not conducting cost management?
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