Answer / tushar waghode

Re-adjusting goals can be viewed as a part of change
management where impact of changes result in change of
scope of the deliverables or project.
Milestone is used as a checkpoint at logical points in a
schedule to ascertain completeness of work at that point.
In Microsoft project a milestone is a zero duration, zero
resource intentive activity.

Answer / rashmi ranjan sinha

Milestone: Date by which major activities are performed.
Readjusting: If the milestone seems not to be achieved as
targeted or incur a risk, it should be readjusted setting
goals with different approach.

Answer / manzoor

The recognition of an important event within the project,
usually the achievement of a key project deliverable

Answer / san

milestone is a point were we can check our process
achivements steps and if are not in proper way throu we
must here come readjusting goal. every team always go to
this process planing->devlopment->testing in time sedule.
if it not happen goto Readjustig goal same work in diffrent
way

Answer / a dilipkumar

Ideally both Goals and Milestones(completion/sign-off of a
major activity or deliverable) are fixed at the beginning
of the Project Planning Phase based on the Project Charter.
However, during certain cases, during the course of the
project, the goals and/or milestones becomes irrelevant to
the changed business context. Hence, instead of pursuing
the earlier establised goal, with the apporval of the
Project Sponsor (who had approved the Project charter), the
goals and subsequently the milestones to achieve the
revised goals can be planned and changed to reflect the
revised business requirement.

Answer / saravanan

In addition to above mentioned points, During Project
development process, whenever there is a requirement
change / requirement correction happens. PM will need to re-
adjust the goal and milestone.

Answer / indranil bhattacharya

"Readjustig goal and Milestone" is a common technique used
in large projects. Here depending upon the requirement we
need to change the Scope of the project resulting the
deliverable vs. time table. Here always we need to keep in
mind about the BAC (budget at completion) of the project.

Answer / cristina giese

Readjust goals and milestones can be shares resulting from process of change management, where a scope change was requested and approved and will be implemented.
This action affects the entire project planning because it is necessary to revise the scope, cost estimating, the schedule and project risks. Just as the baseline.

Answer / surender yadav

The Partial blocks of achievement is a milestone.
Particulary for projects more than of 6 months period If
percieved due to constraint -Technology Change , fresh
demand from customer(changing the SOW),products becoming
obsolete there can be mutual negotitation to change the
milestone dates (some times penalty may be leivied) and the
goal.

Answer / amarnath

It is a process which must be carried out during the
project Management or to be planned during the project
planning stage to list the actions to be taken in case of
any requirement changes arises. This term is used while
communicating with the stakeholders. For example, “If there
are any changes in the system requirements we need to
Readjust the goal and milestones” and if the stakeholders
ask, we should be able to list the planed steps for the
process, which depends on the project in hand.

Explain the meaning of management.

0 Answers   Mahatma Gandhi University,

What is the concept of project management?

0 Answers  

All of the following are true about decomposition except: A. It's an output of the Scope Definition process. B. It's a tool and technique of the Scope Definition process. C. It is used to create a WBS. D. It subdivides the major deliverables into smaller components.

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You are a project manager for Pizza Direct, which is a retail pizza delivery store. Your company is competing with another retail score for the option of opening two new stores in a foreign country. You know, but have not yet informed your company, that you are going to go to work for the competitor, which happens to be bidding for this same opportunity. What is the most appropriate response? A. You decline to participate in the initial meetings with the foreign business partners due to conflict of interest. B. You've not yet received an official offer from the competing company for your new job opportunity, so you choose to participate in the initial meetings with the foreign business partners. C. You decide to participate in the initial meetings with the foreign business partners because any information you gain now will help you when you make the move to the new company. D. You inform the foreign business partners that you're going to be working with a new company and that you know the deal they'll receive from the competing company is better than the one this company is proposing.

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All of the following are tools and techniques of the Performance Reporting process except: A. Variance analysis B. Performance reporting C. Information distribution D. Performance reviews

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A project is considered successful when: A. The product of the project has been manufactured. B. The project sponsor announces the completion of the project. C. The product of the project is turned over to the operations area to handle the ongoing aspects of the project. D. The project meets or exceeds the expectations of the stakeholders.

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You are a project manager for Uncle Sam's Flag Company. Your company has designed a new line of products featuring the American flag. Due to some unique circumstances, the products are in hot demand and the project sponsor has asked you to do whatever it takes to get this project completed early and make the products available. You are to add resources to the project. The sponsor agrees to pay the additional costs since time is now a critical factor. Which technique have you used? A. Crashing B. Resource leveling C. Fast tracking D. Resource loading

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You’ve just accepted a new project management assignment. The project is for a customer in a foreign country. You've requested a business analyst and two other project team members from the country the customer resides in to participate on your team. The remaining team members are from your country. You know that the best way to ensure the project team doesn’t get bogged down in cultural differences and hold up project progress is to: A. Perform team-building exercises using videoconferencing to allow team members to get to know each other and get to the performing stage of team development as soon as possible. B. Provide diversity training for all the team members to make them aware of cultural differences and teach them to function effectively as a team despite these differences. C. Establish your role as project manager as the first order of business and require compliance to company policies. D. Require project team members to read and sign the organization’s diversity policy.

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You are a project manager for Candy Works candy factory. Your project involves reporting information from the newly installed candy-counting machine to the financial system. This will give executives the ability to see production run counts at any rime during the day. The project sponsor has promised you a bonus if you get this project completed two weeks sooner than the scheduled project end date. The bonus will come in handy on your trip to the Bahamas planned for later this spring. You've got a few remaining project activities to wrap up before you can close out the project. Which of the following is the most appropriate response? A. You tell the sponsor the project is complete and treat the remaining activities as though they're problems that came up after project closure so that you can still get the bonus. B. You tell the sponsor the remaining activities are outside the scope of the project so the project really is completed and collect your bonus. C. You tell the sponsor the stakeholders added these requirements after the project was well under way and you never agreed to include them in the project so the project really is complete, and you collect your bonus. D. You tell the sponsor you aren't going to make the two-week early completion date as there are remaining activities to finish up.

0 Answers  

The lowest level of the WBS is called what? A. Code of accounts B. Requirement C. Milestone D. Work package

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You have just prepared an RFP for release. Your project involves a substantial amount of contract work detailed in the RFP. Your favorite vendor drops by and offers to give you and your spouse the use of their company condo for your upcoming vacation. It's located in a beautiful resort community that happens to be one of your favorite places to go for a get away. What is the most appropriate response? A. Thank the vendor but decline the offer, as you know this could be considered a conflict of interest. B. Thank the vendor and accept. This vendor is always offering you incentives like this, so this offer does not likely have anything to do with the recent RFP release. C. Thank the vendor, accept the offer, and immediately tell your project sponsor so they're aware of what you're doing. D. Thank the vendor but decline the offer because you've already made another arrangement for this vacation. Ask them if you can take a rain check and arrange another time to use the condo.

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You've constructed the WBS for your recent project. Level two assignments have been made, and you've requested that the sub project manager’s report back to you in 3 weeks with each of their individual WBS constructed. All of the following are true except: A. The work package level facilitates resource assignments. B. The work package level is the lowest level in the WBS. C. The work package level defines the agreed-upon deliverables. D. The work package level facilitates cost and time estimates. ?

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