FINAL EXAM: I T MANAGEMENT
1.
Explain the following
1.
Peer review
It is the practice of examination
of research work by one or more people
to the similar level of competence to the producers of the work.
The major goal of peer review
is to evaluate the quality of the articles
that are submitted for publication in a journal. Peer reviewing an article follows a set of processes
2.
Delphi
technique
It is a very crucial method
of decision-making and planning
that involves structured interaction
with experts in a particular field of work. The
experts answer the questions at hand
for a project and also give
justifications for the same. They
also provide chances for changes
and reviews to the best of the
project being handled. The technique
is very essential in predicting the possibility
of some issues occurring and the
results of the future events within a project.
3.
Expected value technique
It is a technique used
to calculate the best prediction possible
of a value. The expected value is a cumulative average of all the possible outcomes.
It shows the
average return that can be realized if a certain
decision is repeatedly implemented. The technique
has the merit of reducing the information
into a single digit that helps easy decision-making. For instance, the
expected value technique is applicable in the Return on Investments calculations
for a project.
4. Work Breakdown Structure
4. Work Breakdown Structure
It is a chart that contains the essential work
elements and tasks of a project and shows the
relationships to each other and the
entire project. The chart helps
the project manager in planning ahead and estimating
the outcomes based on different scenarios. A WBS is organized in steps and developed
in such a way that it allows for
clear and logical
groupings through activities and
deliverables.
2.
Explain the following
Contingency plan
A Contingency plan is that which enables an organization to respond to any unplanned event that may arise in the progress of its operations. It has the common name
of being a “plan B.” It serves as an alternative
if the main plan does not yield the
expected results. Contingency planning is very essential for
business continuity, disaster recovery, and risk management.
Any disruption that occurs in an organization is likely to impair the
major operations of the business, hence
the need of having a contingency plan
Risk management
plan
It is in the form of a document
that is prepared to predict risks, estimate their effects, and describe
the possible responses to the effects.
A risk management plan comprises
of an analysis of the possible risks either having high
or low impacts
and the mitigation
plans. The plan requires regular review by the project team
Scope Statement
Every
project must have a scope statement which is a written confirmation of the expected outcomes
of the project and the constraints
and assumptions to work with. The project
team and the
owner of the project must agree on the contents of the scope statement. The
scope statement gives the details
of the project deliverables and describes the
key objectives.
Scope verification
Scope verification
Scope
verification is the process of getting a formal acceptance for the scope
of the project by all the concerned stakeholders. It has the processes of reviewing the deliverables and the outcomes
to ensure that they will be completed as planned. Scope verification
ensures that all items in the
scope statement are included in the Work Breakdown
Structure (WBS).
3.
Which one of the following is the last step of project closing?
A. Client has accepted the product
C.
Client appreciates your product
D.
Lessons learned are
documented
4. An organization has recently started outsourcing work to a low cost, high value, engineering center located in a different country. Which of the following should the project manager provide for the team as a proactive measure?
A.
A training course on the laws of the country
B. A course on linguistic
differences
C.
An exposure to the cultural difference
5. Explain the following
Critical path and its purpose
A critical
path is the longest order of activities
in the project plan that has to be completed on time. The activities
on the critical path have to follow
each other according
to the sequence. The scheduled activities
determine the duration that the
entire project will take. It is very
applicable in determining the amount of float
on the network paths for the
project schedule network. Thus, the
critical path helps to establish the minimum time
that the project can take.
Quality assurance
and quality control
Both
Quality assurance and quality control are integral parts of the quality management
plan. Quality assurance has a focus on planning, documenting, and setting the guidelines that are necessary for assuring
quality. The process of quality assurance occurs at the beginning of the
project based on both the
software specifications and the organization standards.
In quality assurance; training is necessary to ensure that people
are familiar with the selected methods and
processes.
On the other hand, quality control is product oriented and focuses on defect identification. It is a set of activities for ensuring that all the products are of the set quality. The finished products are checked for any flaws before releasing and approving them. It is a corrective tool that finds and eliminates sources of errors through certain tools and equipment.
On the other hand, quality control is product oriented and focuses on defect identification. It is a set of activities for ensuring that all the products are of the set quality. The finished products are checked for any flaws before releasing and approving them. It is a corrective tool that finds and eliminates sources of errors through certain tools and equipment.
CAPA (corrective
and preventive action) in project management
CAPA
in project management provides a payback in terms of enhanced compliance, effectiveness,
and operational efficiency. It involves the
improvements in a project process taken to eliminate
the causes of undesirable eventualities. The actions are taken in regard to the customer
complains, after an internal audit and unstable
trends in the project outcomes. For a CAPA system to be effective, it must address the most
essential issues in the project and
help in obtaining the desired results.
Sherry Roberts is the author of this paper. A senior editor at MeldaResearch.Com in best nursing essay writers. If you need a similar paper you can place your order from custom nursing papers.
Comments
Post a Comment