What is "Readjustig goal and Milestone" in project
managment and project planing

Answer Posted / 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.

Is This Answer Correct ?    4 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

If your expected value is ll0 and the standard deviation is l2, which of the following is true? A. There is approximately a 99 percent chance of completing this activity between 86 and 134 days. B. There is approximately a 68 percent chance of completing this activity between 98 and 122 days. C. There is approximately a 95 percent chance of completing this activity between 98 and 122 days. D. There is approximately a 75 percent chance of completing this activity between 86 and 134 days.

622


Which performance measurement tells us what the projected total cost of the project will be at completion? A. ETC B. CPI C. SPI D. EAC

702


You are working on a project that is similar in scope to a project performed last year by your company. You might consider which of the following? A. Using the previous project's alternatives identification as a template B. Reusing the previous project's benefit/cost analysis as justification for this project C. Using the previous project's WBS as a template D. Reusing the previous project's product description when writing the scope statement

703


Your company provides answering services for several major catalog retailers. The number of calls coming into the service center per month has continued to increase over the past 18 months. The phone system is approaching the maximum load limits and needs to be upgraded. You've been assigned to head up the upgrade project. Based on the company's experience with the vendor who worked on the last phone upgrade project, you're confident they'll be able to assist you with this project as well. Which of the following is true? A. You’ve made an assumption about vendor availability and expertise. The project came about due to a business need. B. Vendor availability and expertise are constraints. The project came about due to a business need. C. You've made an assumption about vendor availability and expertise. The project came about due to a marketing demand. D. Vendor availability and expertise are constraints. The project came about due to a marketing demand.

773


You are a project manager for Giraffe Enterprises. You've recently taken over for a project manager who lied about his PMI certification and was subsequently fired. Unfortunately, he did a poor job of Scope Definition. You know if you don't correct this, one of the following could happen: A. The stakeholders will require overtime from the project team to keep the project on schedule. B. The WBS will adversely affect the deliverable breakdowns, and costs will increase. C. The scope management plan will require changes. D. The project costs could increase, there might be rework, and schedule delays may result.

844






You are a contract project manager for a wholesale flower distribution company. Your project is to develop a website for the company that allows retailers to place their flower orders online. You will also provide a separate link for individual purchases that are ordered. This project involves coordinating the parent company, growers, and distributors. You are preparing a performance review and have the following measurements at hand: PV = 300; AC = 200; and EV = 250. What is the CPI of this project? A. 0.80 B. 1.25 C. 1.5 D. 0.83

702


All of the following are true regarding the tools and techniques of Activity Sequencing except: A. GERT uses analogous methods. B. GERT allows for loops. C. GERT is a conditional diagramming method. D. GERT allows for conditional branches.

708


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.

692


This process applies evaluation criteria to the bids and proposals received from potential vendors: A. Solicitation B. Contract Administration C. Source Selection D. Quality Assurance

892


What are the Scope Planning process tools and techniques? A. Benefit/cost analysis, work breakdown structure templates, expert judgment, and supporting detail B. Product analysis, benefit/cost analysis, alternatives identification, and expert judgment C. Product analysis, work breakdown structure templates, supporting detail, and expert judgment D. Benefit/cost analysis, alternatives identification, supporting detail, and expert judgment

602


You are a project manager for Snow Fun, a chain of retail shops specializing in winter sports gear and clothing. You’ve been working on contract with Snow Fun and are ready to move on to your next assignment. The customer has signed off on the project, formal acceptance notices have been distributed, and project closure procedures have been performed. What type of project ending is this? A. Extinction B. Starvation C. Integration D. Addition

970


Common causes of variances are a result of all of the following except: A. Random variances B. Predictable variances C. Special variances D. Variances that are always present in the process

623


These diagrams rank order factors for corrective action by frequency of occurrence. They are also a type of histogram: A. Control charts B. Process flowcharts C. Scatter diagrams D. Pareto diagrams

807


The project manager, stakeholders, and project team members all have roles and responsibilities throughout the project. As the project manager, you might link the project scope definition to the project roles and indicate which activities each person will participate in. You might display this information in which of the following ways: A. PDM B. RAM C. SOW D. RRM

587


How do you ensure that your project is always on track?

575