Critical Thinking Questions - Project Management Essay

Critical Thinking Questions - Project Management - Essay ExampleIn studying a vomit up life cycle, unmatchable will find that the phases within a project create deliverables and these deliverables allow the project to move forward to the next step or allow the project to be terminated based on quality outcome or condition of the phase deliverable. If we consider the project life cycle, with its one or more intermediate phases, we would find that projects do share many characteristics.A project is a whimsical endeavor to produce a forwardness of deliverables within clearly specified time, cost and quality constraints. It is different from standard business operational activities as well as from processes as they 1) are unique in nature without any repetitive processes 2) defined by a timescale 3) have an approved budget 4) have limited resources 5) involves an element of risk and, 5) achieves honest change. (Westland 2006, p. 2)Meanwhile, all projects, from technology to architec ture, are composed of processes the series of actions with a common, parent goal in order to create result. It is important to highlight the aspect that battalion perform processes. Processes within project management monitor and move the project phases a recollective. There are two types of processes. These are the product-oriented processes, the activities that complete a projects phase and life cycle and, the project management processes, which are the activities that are universal to all projects. (Phillips 2003, p. 85)One of the major problems in project planning is identifying how long tasks will take and what it will cost to accomplish them. Inaccurate estimate is a major threat to a projects success and that confounded cost targets could cause trouble and recrimination in project management. The Work Breakdown Structure or WBS is the most useful tool in addressing these problems. The fancy of this method is to subdivide a complicated task into smaller tasks, until one re aches a level that cannot be further subdivided. Through this