TOM436 HWK1 - Ch.1

TOM436 HWK1 - Ch.1 - Homework 1: Pg. 23 #4, 5, 10; Pg. 34...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Homework 1: Pg. 23 #4, 5, 10; Pg. 34 #1 4. The seven main characteristics of a project are: Importance, Performance, Life Cycle with a Finite Due Date, Interdependencies, Uniqueness, Resources, and Conflict. The importance of a project is the most essential characteristic because if a project shows even the slightest of no importance, the project will inevitably fail. The project must be important enough for senior management to set up a special organizational unit outside organization’s norm. A project is complex. It requires careful coordination and control when it comes to performance. A project is usually divided into subtasks that come together to accomplish a goal, and the quality of performance is a major factor. The third characteristic of a project is the life cycle with a finite due date. Like most things, there will come an end. A project’s life cycle starts slow, builds up momentum, peaks, and declines until termination. The project can be shown in a rainbow curve. Although other projects within an organization are sought to be competition, there are inter project interactions. Therefore, interdependency with other projects under their parent
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 2

TOM436 HWK1 - Ch.1 - Homework 1: Pg. 23 #4, 5, 10; Pg. 34...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online