Final_Study_Outline - MGMT404FinalExam StudyGuide Chapter1 o

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MGMT-404 Final Exam  Study Guide Chapter 1 o What is a project?  Example: What a project is/not, Project life cycle, the PM  o The importance of project management – Example:  Product life cycle, Global competition,  Knowledge explosion, Corporate downsizing, Increased customer focus, Rapid development of third  world economies o Integration of projects with the strategic plan Chapter 2 o The strategic management process: Four activities of the process  o Applying a selection model o Sources and solicitation of project proposals - ranking proposals, selection of projects Chapter 3 o Project management structures  o Choosing the appropriate structure: Organizational and project considerations  o Organization culture and implication of organization culture on organizing projects Chapter 4 o Steps:  1.Defining the project scope; 2.Establishing project priorities; 3.Creating the work breakdown  structure; 4.Integrating the WBS with the organization; 5.Coding the WBS for the information system; o Project rollup, Process breakdown structure, Responsibilities matrices Chapter 5 o Factors influencing the quality of estimates - Planning horizon, Project duration, People, Project  structure and organization o Estimating guidelines for times, costs, and resources  o Macro versus micro estimating  o Estimating project times and costs - Level of detail  o Developing budgets - Types of costs  o Refining estimates and contingency funds  Chapter 6 o Developing the project network – work packages o Network computation process - Determining slack, Free slack (float)  o Level of detail for activities 
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Final_Study_Outline - MGMT404FinalExam StudyGuide Chapter1 o

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