BUS402: Unit 4 Discussion Questions

1. What is a project charter? Based on the project charter, what are your responsibilities as a project manager?
The project charter is a document issued by the sponsor that formally authorizes the existence of the project
The project charter gives the p.m the authority to act and apply organizational resources to project activities.

2. What is WBS? Why is the WBS necessary for project planning?
The WBS defines the scope of the project and breaks the work down into components that can be scheduled, estimated, and easily monitored and controlled.
The purpose of developing a WBS is to:
• Allow easier management of each component
• Allow accurate estimation of time, cost, and resource requirements
• Allow easier assignment of human resources
• Allow easier assignment of responsibility for activities

3. What are key lessons you have learned from subunit 4.2?
i have learned from the subunit4.2:
-Definition of Scope and the scope planning.
-Elements of Time Management.
-Project Requirements.
-Project Schedule Planning.

4. What techniques can you use to identify the critical path and a float in a project?
-Float, is the amount of time an activity, network path, or project can be delayed from the early start without changing the completion date of the project.
-The critical path is the path through the network that results in the latest completion date of the project.
-to identify the critical path and the float by mathematical techniques, we must calculate the EST and the LST first.

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  1. What is a project charter? Based on the project charter, what are your responsibilities as a project manager?
     A project chart is project statement is a statement of the scope, objectives, and participants in a project. It provides a preliminary delineation of roles and responsibilities, outlines the project objectives, identifies the main stakeholders, and defines the authority of the project manager.
     Based on the project charter my role as project manager is to maintain my level of authority established in the project chart.

  2. What is WBS? Why is the WBS necessary for project planning?
     WBS is a Hierarchical classified according to the criteria into successive levels. Listing groups of the projects activates required to produce the deliverables of the project.
     WBS is necessary for project planning because it allows for easier management of each component, accurate estimation of time/cost/resources and easier assignment of human resources for responsibility for activates.

  3. What are key lessons you have learned from subunit 4.2?
     Lessons I learned from subunit 4.2 are:
     Definition of scope and planning
     Elements of time management
     Project Requirements
     Project schedule planning

  4. What techniques can you use to identify the critical path and a float in a project?
     The technique we used to identify critical path and float is by critical path analysis or critical path includes float zero. The activity network is helpful as well.

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  1. A project charter is an important document stating that states the objectives, scope, and purpose of the project. Also, it states roles of the project manager in a project. Based on the project charter, my responsibility as a manager is to for me to know the authority I have in the project, and also to know my limitations.

  2. i)Work Breakdown Structure (WBS): this breakdown the entire project into different parts and roles, and assign respective personnel to handle each of the breakdown parts.
    ii) Work Breakdown Structure (WBS): is necessary in a project because it clearly states the roles and responsibilities of every staff. It also makes the overall work organised.

  3. i)How to work in accordance to project plan.
    ii) Working towards meeting the timeline of the project.

  4. Critical Path Analysis (CPA) can be used to determine what part of the project is critical.

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  1. What is a project charter? Based on the project charter, what are your responsibilities as a project manager?

  2. A project charter is a very important high level document for project management. The project charter includes details about the project, scope, objectives, constraints, deliverables, the team, and things like milestones.

  3. What is WBS? Why is the WBS necessary for project planning?

  4. A WBS, or a work breakdown structure, is an important document for projects. It divides the project into smaller more manageable tasks needed to complete. This makes it easier to estimate costs and time necessities. Then during the project it makes monitoring and controlling the project a simpler task.

  5. What are key lessons you have learned from the "Project Management Best Practices” lecture in subunit 4.2

  6. The key lessons from subunit 4.2 include:

  • How to make a project scope
  • How to design a project schedule plan
  • How to set up a baseline schedule

  • What techniques can you use to identify the critical path and a float in a project?

  • The critical path is very important to identify because it will tell you crucial information like the float. In order to find the critical path you create a schedule based on all the tasks and organize them based on predecessor tasks and events. Then you use the time to go through each task, on each path. The critical path is the longest path through the schedule.

    This will determine how many days you have to complete the project and will determine how more 'slack' or 'float' you have. Negative float is when you need to crash the schedule because the tasks will take longer to complete on the critical path than the due date for the project. Float is how much extra time you have to complete the critical path.

    1. What is a project charter? Based on the project charter, what are your responsibilities as a project manager?

    • A project charter is a statement of the scope, objectives, and participants in a project. It provides a preliminary delineation of roles and responsibilities, outlines the project objectives, identifies the main stakeholders, and defines the authority of the project manager

    • Provide an understanding of the project
    • Establish general scope of the project as early as possible
    • Establish the project manager and his or her authority level

    1. What is WBS? Why is the WBS necessary for project planning?

    • WBS defines the scope of the project and breaks the work down into components that can be scheduled, estimated, and easily monitored and controlled

    • WBS allow easier assignment of human resources
    • WBS allow easier assignment of responsibility for activities
    • WBS allow easier management of each component
    • WBS allow accurate estimation of time, cost, and resource requirements

    1. What are key lessons you have learned from subunit 4.2?

    • How to design a project scope
    • How to design a project schedule planning
    • Setting up a baseline

    1. What techniques can you use to identify the critical path and a float in a project?

    • Critical path analysis

    1. What is a project charter? Based on the project charter, what are your responsibilities as a project manager?
    The project charter is a document issued by the sponsor that formally authorizes the existence of the project
    The project charter gives the p.m the authority to act and apply organizational resources to project activities.

    2. What is WBS? Why is the WBS necessary for project planning?
    The WBS defines the scope of the project and breaks the work down into components that can be scheduled, estimated, and easily monitored and controlled.
    The purpose of developing a WBS is to:
    • Allow easier management of each component
    • Allow accurate estimation of time, cost, and resource requirements
    • Allow easier assignment of human resources
    • Allow easier assignment of responsibility for activities

    3. What are key lessons you have learned from subunit 4.2?
    i have learned from the subunit4.2:
    -Definition of Scope and the scope planning.
    -Elements of Time Management.
    -Project Requirements.
    -Project Schedule Planning.

    4. What techniques can you use to identify the critical path and a float in a project?
    -Float, is the amount of time an activity, network path, or project can be delayed from the early start without changing the completion date of the project.
    -The critical path is the path through the network that results in the latest completion date of the project.
    -to identify the critical path and the float by mathematical techniques, we must calculate the EST and the LST first.

    1. What is a project charter? Based on the project charter, what are your responsibilities as a project manager?
    • Project charter is describes the scope, objectives and participants of the project. It specifies the project manager’s authority, outlines the project’s core goals, identifies the main stakeholders, and gives a rough definition of roles and responsibilities.
    1. What is WBS? Why is the WBS necessary for project planning?
    • Work breakdown structure is a method for completing a multi-step, complex job. It’s a strategy for breaking down large projects into smaller chunks and completing them more quickly and efficiently. WBS is necessary because it can help of the project.
    1. What are key lessons you have learned from subunit 4.2?
    • Definition of project scope

    • Element of Time Management

    • Project Schedule Planning

    • Setting Baseline

    1. What techniques can you use to identify the critical path and a float in a project?
    • Tasks in the critical path will have a float of zero, indicating that there will be no delays. There is no time to waste on these duties, and if one is late, the entire project would be late as well.
    1. What is a project charter? Based on the project charter, what are your responsibilities as a project manager?
    • The project charter is a crucial document in project management as it lays out the project’s purpose, objectives, stakeholders, risks, resources, and dependencies during the project planning stage. her
    1. What is WBS? Why is the WBS necessary for project planning?
    • WBS or the Work Breakdown Structure is a method for completing a complex, multi-step project. It’s a way to divide and conquer large projects to get things done faster and more efficiently.
    1. What are key lessons you have learned from sub. unit 4.2?
    • Project Scope
    • The Elements of Time Management
    • Project Schedule Planning
    • Setting Up a Baseline
    • Schedule Baseline
    1. What techniques can you use to identify the critical path and a float in a project?
    • Based on my understanding, the technique can be use to identify the critical path and a float in a project is the Critical Path Analysis.

    1. What is a project charter? Based on the project charter, what are your responsibilities as a project manager?
    Project charter is a document that outlines the purpose, objectives, and scope of the projects.
    The project charter establishes the project manager’s authority level.

    2. What is WBS? Why is the WBS necessary for project planning?

    " WBS is a list of activities, including estimates of their durations, their relationships with others, and the resources assigned to them. The WBS represents a breakdown of the project into components that encompass the entire scope of the project."
    Blockquote

    3. What are key lessons you have learned from the "Project Management Best Practices” lecture in subunit 4.2?
    The key lesson that were learned in subunit 4.2 is project selection, project scope and baseline, and project planning tools.

    4. What techniques can you use to identify the critical path and a float in a project?
    A techniques you can use to identify the critical path and a float in a project is the Project Evaluation and Review Technique (PERT) tool.