5. Discuss the importance of top management commitment and the development of standards for successful project management. Provide examples to illustrate the importance of these items based on your experience on any type of project. Top management commitment is the number one factor associated with the success of information technology projects, so it’s very important to get and maintain this support. Top management can help project managers get adequate resources, approve unique project needs, get cooperation from other parts of the organization, and provide support as a mentor and coach to project managers. Examples will vary. 6.What are the phases in a traditional project life cycle? How does a project life cycle differ from a product life cycle?
7.What makes IT projects different from other types of projects? How should project managers adjust to these differences? 8. Define globalization, outsourcing, virtual teams, and agile project management, and describe how these trends arechanging IT project management. Globalization has created a “flat” world where everyone is connected and the “playingfield” is level for many more participants. Outsourcing is when an organization acquires goods and/or sources from an outside source. Agile project management is a method for managing projects when requirements are unclear or change quickly. Virtual teams occur when a group of individuals who work across time and space using communicationtechnologies. Each of these trends has affected the way in which project work is done and how projects need to be managed. It is very rare for a project team to sit in the same work area and work at the same time. Management and coordination is much more complicated. EXERCISES Answers to all of these exercises will vary. 4. Answers will vary. Information Technology Project Management, Seventh Edition 5
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