Question: Why is project management designed for limited, time-specific projects rather than ongoing, continuous operations? (LO5.1 When project managers are unable to plan an entire project

Why is project management designed for limited, time-specific projects rather than ongoing, continuous operations? (LO5.1

When project managers are unable to plan an entire project because the next phase of a project can only be planned once the previous phase is completed, they engage in a type of planning called: (LO5.2

a.Rolling-wave planning

b.Haphazard Planning

c.Intuitive Planning

d.Risk Planning

A Risk and ImpactAnalysisGridcompares a risk event's ______________ with its potential _____________. (LO5.4

a.Likelihood,Impact

b.Size, Cost

c.Prior Occurrences,Future Occurrence

d.Risk Sharing, Risk Reduction

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock 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!

Question 2 Why is project management designed for limited, time-specific projects rather than ongoing, continuous operations? (L Use the editor to format your answer Question 2 Why is project...

15 Chapter A4148 23218 6/9/01 7:17 AM Page 417 15Controlling Objectives After reading this chapter, you will be able to: 1. 2. 3. 4. Understand the importance of good project control to keeping...

1. Which challenges face the project? 2. Did the project face scope changes? Explain 3. As one of the key challenges in implementing EVM for an IT project is the ability to correctly asses the amount...

Answer must be in hand-written please. 1. Which challenges face the project? 2. Did the project face scope changes? Explain 3. As one of the key challenges in implementing EVM for an IT project is...

Answers should be in Hand Written only plz 1. Which challenges face the project? 2. Did the project face scope changes? Explain 3. As one of the key challenges in implementing EVM for an IT project...

Post-mortem of the first phase: How should a vision be communicated? This case presents two phases of a large business transformation project involving the implementation of an ERP system with the...

How can we assess whether a project is a success or a failure? This case presents two phases of a large business transformation project involving the implementation of an ERP system with the aim of...

governance model to align changing business needs with IT While the Business Monarchy and IT Monarchy archetypes delivery. represent a centralized decision making structure, Feudal archetype reflects...

Post-mortem of the first phase: How was the project team managed and is the project teams pace sustainable in the longer run? BOMBARDIER CASE STUDY IS IN MY PREVIOUS QUESTION This case presents two...

As the owner of a chain of sporting goods stores, you have just been offered a deal on a shipment of one hundred robot table tennis machines. The price is right, but the prospect of picking up the...

Discuss the extent to which you interact with financial institutions. For example, do you have a bank account, an insurance policy, and/or a brokerage account? If you have a retirement plan or...

When a Pandemic hits the U . S . which of the following strategies is likely to yield the biggest profit? A . Go Short: Long Term U . S . Treasuries B . Go Short: Short - Term U . S . Treasuries C ....

Create a C# application named SalesTransactionDemo that declares several SalesTransaction objects and displays their values and their sum. The SalesTransaction class contains the following fields:...