Question :
(a) Organizations and individuals have studied a number of projects that have both succeeded and failed and some common factors emerge. Can you give some reasons for project failures?
(b) What are the major characteristics of a Project?
(c) What are the main skills required for effective project management?
(d) Identify and explain the different activities of strategic management process.
(e) A major responsibility of the priority team is to balance projects by type, risk, and resource demand. Therefore balancing the portfolio of projects is as important as project selection. Can you identify and illustrate the different dimensions for assessing a project portfolio?