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Risk Mgmt/Project Info
Project Info
Project Info
100

What is a type of Risk Identification that you can easily see what will make you late?

Cause and Effect Diagram
100
What are some reasons for terminating a project?
Serious cost and schedule overruns


Technical performance is compromised

Technical risks are too great

Project now lacks strategic fit

Customer's needs have changed

Competition threatens project results

A new, superior alternative has emerged

100

What type of termination reviews all on-going activities for completion and closure?

Tie the Loose Ends
200
A framework and methodology for COLLECTING, ORGANIZING, STORING, PROCESSING and DISSEMINATING info needed to manage projects
Project Management Information System (PMIS)
200
List the 5 Ways to Terminate a Project
1. Share the Decision


2. Revisit the Need

3. Manage Resource Impacts

4. Te the Loose Ends

5. Capture the Experience


200

What type of termination tells you that a lot can be learned from a termination?

Capture the Experience
300
What do good project reports do?

isolate significant variances and identify the reasons they occurred, emphasize the quantitative and specific rather than the subjective and general, and describe specific corrective actions taken and planned

300
What type of termination tells all those affected?
Share the Decision
400
What are some benefits of sharing project information?
It promotes trust, builds networks, empathy and more mature relationships among project stakeholders, and keeps team members working together cohesively and concurrently in the use of project resources
400
What type of termination asks, "How will the original purpose be addressed?"
Revisit the Need
500
What is the Value of Project Information?

Information that has no real value except as it is used effectively in the management of the project. It does not automatically lead to an effective management process. Info does not ensure success, but lack of info can contribute to project failure.

500

What type of termination accounts for all resources used, available and requiring disposal?

Manage Resource Impacts