Long-term investment project requiring relatively large sums to acquire, develop, improve, and/or maintain a capita asset (such as land, buildings, roads).
What is Capital Projects?
100
Predicting the true cost of the project will be almost impossible. Reestimation must take place on a routine basis to make sure that the benefits and business value still exceeds the cost.
What is cost management?
100
Took bold steps in how to organize, execute, and track work and began to organize work into projects that produced services, products, and solutions for our customers.
What is IBM?
100
Uses knowledge sharing and collaboration across projects and knowledge sharing and collaboration within a project.
What is Fluor?
200
Deliver a quality product or quality service.
What is customer expectation?
200
Strategic planning cannot succeed without this.
What is successful implementation plan?
200
Starts with understanding the customer’s vision: what is the full scope of the business challenge, and what is the best solution to address the challenge that will also provide flexibility and support future growth.
What is the approach to delivering solutions?
200
Develops and deploys enterprise software for Product Lifecycle Management.
What is Siemens?
300
Supplying of a good or service that can only be purchased from one supplier because of specialized or unique characteristics.
What is single-source procurement?
300
The longer the project, the greater the likelihood that changes in resources will occur, possibly for the worse. Long-term motivation may be difficult to do.
What is Human Resource Management?
300
Framework that provides a model within which projects, programs and portfolios fit into a hierarchy.
What is Enterprise Program Management (EPM)?
300
Pre-Align, Align, Plan, Build, Test, Deploy, and Close.
What is PLM Value Delivery Methodology?
400
Visible and participative executive support.
What can reduce the impact of many obstacles?
400
Focuses on effective teamwork, communication, cooperation, and trust rather than organizational restructuring.
What is Organizational Stability?
400
Worldwide leader in manufacturing flexible, automatic systems and integrating products, processes and services.
What is CAMAU?
400
BONUS 1: Comic book character used in video for chapter 3.
What is Dilbert?
500
The time it takes to develop, commercialize, and introduce new products to the market.
What does new product development encompass?
500
Poorly documented business case resulting in the approval of the wrong project.
What is an example of strategic plan fail?
500
Developed a family of processes that embody the core principles of and proven practices in project management. These processes combined with tools and balancing people are called Microsoft Solutions Framework (MSF).
What is Microsoft?
500
DAILY DOUBLE:
Application of knowledge, skills, tools and techniques to project activities to meet project requirements.