Question 1:
Describe the mechanism of control carried out in project
- Importance of control
- Importance of mechanisms in place
- Benefits(Eliminate common causes of variance, constant review and feedback, prevents under performance)
Question 2:
List the need of project plan
A Description of project plan
Need
• Guide to the project from initiation to closing.
• Documents the basic requirements,decisions regarding the alternative choices.
• List the various stakeholders, communication requirements.
• Establishes project baselines
• Defines management reviews
What are the factors need to be considered while developing WBS?
- Description of developing WBS
- Simplicity, user friendly, consistency, suit the company's work processes, functional in each discipline, support to cost monitoring and forecasting
- Conclusion
Explain the concept of a Project Charter? What are the elements to be included in the same?
- Description of project Charter/statement
Milestones, schedules, metrics for business case, scope management Elements:
• The scope baseline / scope statement
• Scope and objectives of the projects (SOW)
• Specifications
• Broad WBS
• Timing
• Spending Plan
• The Management Plan
• Resources requirements and man loading
• Resources of key personnel
• Organizational relationship and structure
• Responsibility assignment matrix
• Support required from other organizations
• Project policies and procedures
• Change management plan
• Management approval of the above