What is "Readjustig goal and Milestone" in project
managment and project planing
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Answer / n krishnaswamy
Milestone is nothing but important achievement in a
project.If there is any Scope Creep, then Readjusting
Goal comes into picture
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Answer / kiran
Milestone : is a check point to verify the progress of our
project activities. Internally, we will divide the project
into various chunks and have milestones to testify our
approach towards the project goal.
Readjusting : If you identify team is behind the
expectations and far from the milestone, we have to further
work on the milestone by reducing the scope or increasing
the resources or productive hours.
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Answer / srikanth
It is a part of Change management process. Most probably
one will Readjust the goal only if the scope of the work
changes and hence accordingly change the milestone.
| Is This Answer Correct ? | 2 Yes | 4 No |
Answer / shri
Change in requirement requires you to re-adjust goal of the
project and milestones in-turn.
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Answer / somnath mukherjee
Re-adjustment in goals and milestones also come from
factorizing the critical success ratios in a project. This
is an ongoing process that gets re-visited in a project
life cycle, especially impacting the development and
delivery approach. Goals will hardly have a potential
change, but milestones will be vulnerable to the demand of
the time, cost, speeded success and most importantly, the
utilization of the resource pool - both human and non-
human.
| Is This Answer Correct ? | 2 Yes | 7 No |
Waht is the level of criticallity in Project management for a Project which is started in maintenance Phase ? Which phase of Project management theory must be more focused for such kind of projects .
6 Answers ABB, BGR Energy, TCS,
Which of the following is true regarding the Resource Planning process? A. Resource Planning involves the human resource aspect of planning only, and its output is staffing requirements. B. Resource Planning involves the human resource aspect of planning only, and its output is staffing requirements. C. Resource Planning encompasses all the physical resources needed for the project, and its output is staffing requirements. D. Resource Planning encompasses all the physical resources needed for the project, and its output is resource requirements.
You are preparing a cash flow analysis for a project the company is considering undertaking. The project's cost is $525,000, and expected cash inflows are $125,000 the first year and then $75,000 per quarter the second year and $100,000 per quarter after that. What is the payback period? A. 16 months B. 27 months C. 32 months D. 28 months
Your company has asked you to be the project manager for the product introduction of their new DeskTop Rock media system. You recently published a document that establishes the scope baseline. Which of the following is true? A. This is the scope statement, which is an output of the Scope Planning process. B. This is the scope statement, which is an output of the Scope Definition process. C. This is the scope statement, which is a tool and technique of the Scope Definition process. D. This is the scope management plan, which is an output of the Scope Definition process.
Your hardware vendor left you voicemail saying that a potential snowstorm in the Midwest might prevent your equipment from arriving on time. She wanted to give you a heads-up and asked that you return the call. Which of the following is true? A. This is a secondary risk, which is an output of Risk Response Planning. B. This is a contingency plan, which is an output of Risk Response Planning. C. This is a risk, which is an output of Risk Identification. D. This is a trigger, which is an output of Risk Identification.
Why would someone want to move from Operations to Project managemnet
2 Answers Extreme Networks, IBM,
You are a project manager for Cashiers systems. Your company produces cashiering systems and software for the retail industry. Your customer has requested a change to the product. You will handle this change using the scope change control system. All of the following are true except: A. Changes to product scope should be reflected in project scope. B. Project scope changes may result in adjustments to the performance measurement baselines. C. Changes to project scope should be reflected in the product scope. D. Scope changes may result in performance improvements.
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.
what do u mean by an interview? no explanations but define.
Your project is in the Scope Definition process. You've just completed the WBS. Which of the following is true? A. The WBS breaks the project deliverables down to a level where alternatives identification can be used to determine how level two assignments should be made. B. The WBS breaks the project deliverables down to a level where project constraints and assumptions can be easily identified. C. The WBS breaks the project deliverables down to the work package level where product analysis can be documented. D. The WBS breaks the project deliverables down to the work package level where cost and time estimates can be easily determined and quality control measurements can be determined.
During a recent team meeting, you reached a resolution to a problem that's been troubling the team for several weeks. You took responsibility for searching out the facts of this problem and uncovered the right answer to this problem. You presented the facts at the project status meeting, and everyone reached agreement on the recommended solution based on the facts you presented. This is an example of what type of conflict resolution technique? A. Compromise B. Smoothing C. Confrontation D. Forcing
What is the purpose of the project charter? A. To recognize and acknowledge the project sponsor B. To recognize and acknowledge the existence of the project and commit organizational resources to the project C. To acknowledge the existence of the project team, project manager, and project sponsor D. To describe the selection methods used to choose this project over its competitors