Assignment:
1) What is a WBS? What are core and support tasks in a WBS? Why is it important to include specifically the support tasks (sometimes referred to as overhead), in a WBS? Answer in your own words, do not simply post a quote. However, support your assertions with a short quote from the class readings or other outside source.
2) To develop a Risk Response Plan at the beginning of the project one must understand risk handling or response strategies. What are the four risk responses? Think about a project or activity you are familiar with and an associated risk. State the risk, name the risk response strategy and detail the specific actions of that response. Answer in your own words, do not simply post a quote. However, support your assertions with a short quote from the class readings or other outside source.
3) Risk assessment has two parts. Discuss and describe those two parts and how they relate to each other. Think of a risk you have seen or experienced. Describe it in terms of a qualitative or a quantitative risk assessment. See also the Developing a Project Plan video. Answer in your own words, do not simply post a quote. However, support your assertions with a short quote from the class readings or other outside source.
4) Define and characterize mission statements. What roles do mission statements play for a project?
5) What are the objectives and deliverables in a project? How do they differ from one another and from the mission statement? What roles do objectives and deliverables play for a project?
6) How might ballpark estimates of project costs be developed early in the project? How should cost estimates be handled when working with the project's stakeholders?
7) Define and identify the expectations of the following roles of a project leader:
a. Liaison and monitor
b. Champion
c. Controller
d. Planner and resource allocator
e. Team leader
8) Discuss the various leadership requirements in the following stages of the project's life cycle:
a. Initiation and planning
b. Project launch
c. Project execution
d. Project closing