Problem:
Question 1) Discuss the principal reasons why project management has become such a popular business tool in recent years.
Question 2) Suppose that you are in charge of a production line. What is expected of you as a process manager? Now suppose that you are assigned the task of making a radical change to the production process. What then would be expected of you as a project manager?
Question 3) Describe the basic elements of the project life cycle. Why is an understanding of the project life cycle relevant for understanding project management?
Question 4) Compare and contrast the three organizational structures discussed in the text: functional, project, and matrix. Provide examples that show the difference between the three, including some of the advantages and disadvantages of each. Provide thorough explanation of the given question.