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What is "Readjustig goal and Milestone" in project
managment and project planing
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Answer / n krishnaswamy
Milestone is nothing but important achievement in a
project.If there is any Scope Creep, then Readjusting
Goal comes into picture
| Is This Answer Correct ? | 2 Yes | 3 No |
Answer / kiran
Milestone : is a check point to verify the progress of our
project activities. Internally, we will divide the project
into various chunks and have milestones to testify our
approach towards the project goal.
Readjusting : If you identify team is behind the
expectations and far from the milestone, we have to further
work on the milestone by reducing the scope or increasing
the resources or productive hours.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / srikanth
It is a part of Change management process. Most probably
one will Readjust the goal only if the scope of the work
changes and hence accordingly change the milestone.
| Is This Answer Correct ? | 2 Yes | 4 No |
Answer / shri
Change in requirement requires you to re-adjust goal of the
project and milestones in-turn.
| Is This Answer Correct ? | 0 Yes | 4 No |
Answer / somnath mukherjee
Re-adjustment in goals and milestones also come from
factorizing the critical success ratios in a project. This
is an ongoing process that gets re-visited in a project
life cycle, especially impacting the development and
delivery approach. Goals will hardly have a potential
change, but milestones will be vulnerable to the demand of
the time, cost, speeded success and most importantly, the
utilization of the resource pool - both human and non-
human.
| Is This Answer Correct ? | 2 Yes | 7 No |
You are a project manager for Move It Now trucking company. Your company specializes in moving household goods across the city or across the country. Your project involves upgrading the nationwide computer network for the company. Your lead engineer has given you the following estimates for a critical path activity: 60 days most likely, 72 days pessimistic, 48 days optimistic. What is the expected value, or weighted average? A. 54 B. 66 C. 60 D. 30
How do you set goals for your team? And how do you track these goals?
The amount of authority a project manager possesses can be related to: A. The project manager’s communication skills B. The organizational structure C. The amount of authority the manager of the project manager possesses D. The project manager's influencing skills
Your selection committee is debating between two projects. Project A has a payback period of 18 months. Project B has a cost of $125,000 with expected cash inflows of $50,000 the first year and $25,000 per quarter after that. Which project should you recommend? A. Either Project A or Project B because the payback periods are equal B. Project A because Project B's payback period is 21 months C. Project A because Project B's payback period is 24 months D. Project A because Project B's payback period is 20 months
What is one of the problems with project management software? A. The project manager manages the software instead of the project B. Project duration calculations are sometimes approximate. C. You cannot override the project management software decisions regarding schedules. D. It’s expensive and difficult to use.
Which of the following processes are performed in the Closing process group and in what order? A. Administrative Closure then Contract Closeout B. Scope Verification then Administrative Closure C. Contract Closeout then Scope Verification D. Contract Closeout then Administrative Closure
Which of the following is true regarding the critical path? A. It should never be compressed. B. It allows for looping and branching. C. The critical path technique is the same as PERT. D. It's the duration of all tasks with zero float.
Your project involves the research and development of a new food additive. You’re ready to release the product to your customer when you discover that a minor reaction might occur in people with certain conditions. The reactions to date have been very minor, and no known long-lasting side effects have been noted. As project manager you should: A. Do nothing because the reactions are so minor that very few people will be affected. B. Inform the customer that you've discovered this condition and tell them you'll research it further to determine the impacts. C. Inform your customer that there is no problem with the additive release the product to them. D. Tell the customer you'll correct the reaction problems in the next batch but you'll release the first batch of product to them now to begin using.
Write about organising and staffing in management.
0 Answers Mahatma Gandhi University,
What is the triple constraint triangle in project management?
All of the following are inputs to the Administrative Closure process except: A. Performance measurement documentation B. Product documentation C. Other project records D. Contract documents
You are a project manager for Laredo Pioneer’s Traveling Rodeo Show. You’re heading up a project to promote a new line of souvenirs to be sold at the shows. You need to gather the inputs to write the scope statement. You gather which of the following? A. Project charter, product description, assumptions, and constraints B. Project charter, product analysis, and cost benefit analysis C. Product description, product analysis, and project charter D. Product description, assumptions, constraints, and product analysis
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