These are generated using the scope schedule and cost of a project A baseline

These are generated using the scope schedule and cost

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These are generated using the scope, schedule and cost of a project. A baseline is essential to determine if a project is on track.
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Now, roles and responsibilities are clearly defined, so everyone involved knows what they are accountable for 3. Project Launch or Execution This is the phase where deliverables are developed and completed. This often feels like the meat of the project since a lot is happening during this time, like status reports and meetings, development updates, and performance reports. A “kick - off” meeting usually marks the start of the Project Execution phase where the teams involved are informed of their responsibilities. 4. Project Performance and Control This is all about measuring project progression and performance and ensuring that everything happening aligns with the project management plan. Project managers will use key performance indicators (KPIs) to determine if the project is on track 5. Project Close Once a project is complete, a PM will often hold a meeting sometimes referred to as a “post mortem” – to evaluate what went well in a project and identify project failures. This is especially helpful to understand lessons learned so that improvements can be made for future projects. Once the project is complete, PMs still have a few tasks to complete. They will need to create a project punchlist of things that didn’t get accomplished during the project and work with team members to complete them. Perform a final project budget and prepare a final project report. Finally, they will need to collect all project documents and deliverables and store them in a single place. Question 5 Decomposition is a time management technique commonly used in project management. Write an explanation of this technique including its capabilities, limitations, applications and outcomes. (250 words) Decomposition is a technique used in project management that breaks down the workload and tasks before the creation of the work Breakdown structure. Decomposition involves dividing each project deliverable into smaller and smaller pieces until there is enough detail to support scheduling, estimating, and control. This important step can save time in the long run. When done properly, decomposition will make clear the relevance of each task to the bigger project picture. While decomposing, a project might seem unnecessary, it can prove beneficial. It might take time to decompose a project fully, but this saves time in the end. Advantages Functional Decomposition is an intuitive process for most people and is readily understood by the customer. Helps to discover duplicate or overlapping activities. Breaks complex systems into relatively separate components, which can help with scope, development, and planning.
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