Question
Compulsory Project - Difference between soft project & hard project (building of infrastructure, acquisition of land) - Formulate a project relevant to the upgrade of
Compulsory Project
- Difference between soft project & hard project (building of infrastructure, acquisition of land)
- Formulate a project relevant to the upgrade of the school
- Use WBS
- The duration and how to reduce the duration
- Draw network diagram
- Key competencies needed to deliver results - personal skills, knowledge, attitudes.
Project Scheduling
Mathematical derivation of duration using PERT
How to develop a network diagram find the slack/float and critical path
Note- make sure you draw the key
Remember various rules of forward and backward pass
Financial Models
- (learn all decision rules)
- Payback period
- NPV - Discounted payback
- Understanding the concept of Time value of money
- Difference between discounted payback and payback
- Difference between discounted payback and NPV
Stakeholder Management
- Identification and analysis and stakeholder planning
- Identification of stakeholder
- Analyse stakeholders
- Stakeholder planning
- to justify stakeholder planning
- Power - interest grid
- Drop the stakeholders at the correct place in the grid and justify why
- what strategic plans do you put in place to win over stakeholders
- by strengthening those who support and win over those who don't support
Organizational Structures
- With emphasis on structures to manage projects
- Master Functional structure and Matrix structure (weak/balanced/strong)
- What is it?
- How to draw and label the structure /organogram
- Advantages and disadvantages
- Compare functional structure with matrix structure stating their pros and cons
- Reasons to not use the functional structure and instead the matrix structure...vice versa
Risk Management
- What is risk?
- Various approaches to risk management
- Processes of Risk management
- Ways to identify risks involved
- Risk Registrar (like a table)
- documentation of risk
- What are the known risks and unknown risks. Explain
- How to use the various mitigation strategies to solve/manage risk
- Understand the slide with "opportunity & risk" line through the project cycle
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started