MGMT422OLF07Ch1InstructorResponses

MGMT422OLF07Ch1InstructorResponses - project manager...

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Chapter 1, Instructor Responses 1. Define a project. What are five characteristics which help differentiate projects from other functions carried out in the daily operations of the organization? A project is a complex, non routine, one-time effort limited by time, budget, resource, and specifications. Differentiating characteristics of projects from routine, repetitive daily work are below: a. A defined life span b. A well-defined objective c. Typically involves people from several disciplines d. A project life cycle e. Specific time, cost, and performance requirements. 3. Why is the implementation of projects important to strategic planning and the
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Unformatted text preview: project manager? Strategic plans are implemented primarily through projects—e.g., a new product, a new information system, a new plant for a new product. The project manager is the key person responsible for completing the project on time, on budget, and within specifications so the project’s customer is satisfied. If the project is not linked to the strategic plan of the organization, resources devoted to the project are wasted and a customer need is not met. This lack of connectivity occurs more in practice than most would believe....
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This note was uploaded on 11/29/2010 for the course MGMT 422 taught by Professor Gurney during the Fall '10 term at MSU Billings.

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