What is "Readjustig goal and Milestone" in project
managment and project planing
Answers were Sorted based on User's Feedback
Answer / tushar waghode
Re-adjusting goals can be viewed as a part of change
management where impact of changes result in change of
scope of the deliverables or project.
Milestone is used as a checkpoint at logical points in a
schedule to ascertain completeness of work at that point.
In Microsoft project a milestone is a zero duration, zero
resource intentive activity.
Is This Answer Correct ? | 25 Yes | 2 No |
Answer / rashmi ranjan sinha
Milestone: Date by which major activities are performed.
Readjusting: If the milestone seems not to be achieved as
targeted or incur a risk, it should be readjusted setting
goals with different approach.
Is This Answer Correct ? | 17 Yes | 5 No |
Answer / manzoor
The recognition of an important event within the project,
usually the achievement of a key project deliverable
Is This Answer Correct ? | 9 Yes | 3 No |
Answer / san
milestone is a point were we can check our process
achivements steps and if are not in proper way throu we
must here come readjusting goal. every team always go to
this process planing->devlopment->testing in time sedule.
if it not happen goto Readjustig goal same work in diffrent
way
Is This Answer Correct ? | 12 Yes | 8 No |
Answer / 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 |
Answer / saravanan
In addition to above mentioned points, During Project
development process, whenever there is a requirement
change / requirement correction happens. PM will need to re-
adjust the goal and milestone.
Is This Answer Correct ? | 6 Yes | 6 No |
Answer / indranil bhattacharya
"Readjustig goal and Milestone" is a common technique used
in large projects. Here depending upon the requirement we
need to change the Scope of the project resulting the
deliverable vs. time table. Here always we need to keep in
mind about the BAC (budget at completion) of the project.
Is This Answer Correct ? | 3 Yes | 3 No |
Answer / cristina giese
Readjust goals and milestones can be shares resulting from process of change management, where a scope change was requested and approved and will be implemented.
This action affects the entire project planning because it is necessary to revise the scope, cost estimating, the schedule and project risks. Just as the baseline.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / surender yadav
The Partial blocks of achievement is a milestone.
Particulary for projects more than of 6 months period If
percieved due to constraint -Technology Change , fresh
demand from customer(changing the SOW),products becoming
obsolete there can be mutual negotitation to change the
milestone dates (some times penalty may be leivied) and the
goal.
Is This Answer Correct ? | 2 Yes | 3 No |
Answer / amarnath
It is a process which must be carried out during the
project Management or to be planned during the project
planning stage to list the actions to be taken in case of
any requirement changes arises. This term is used while
communicating with the stakeholders. For example, “If there
are any changes in the system requirements we need to
Readjust the goal and milestones” and if the stakeholders
ask, we should be able to list the planed steps for the
process, which depends on the project in hand.
Is This Answer Correct ? | 1 Yes | 2 No |
Performance reporting tools and techniques include all of the following except: A. Earned value analysis B. Statistical sampling C. Variance analysis D. Performance reviews
Which of the following is displayed as an S-curve? A. Gantt B. Cost baseline C. Critical path D. PERT
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
PERT is: A. The longest path B. A weighted average technique C. A simulation technique D. Widely used in practice to determine schedule durations
The outputs of the Administrative Closure process include all of the following except: A. Project archives B. Project closure C. Lessons learned D. Formal acceptance
Which of the following are the outputs of the Contract Closeout process? A. Project archives, formal acceptance and closure, contract file B. Contract file, formal acceptance and closure C. Project archives, contract file D. Contract file, formal acceptance and closure, lessons learned
What are the outputs of the Scope Planning process? A. Product analysis, scope statement, and scope management plan B. Scope statement, scope management plan, and WBS C. Scope statement, supporting detail, and WBS D. Scope statement, supporting detail, and scope management plan
How do you handle conflicts in the Team Management ?
What are the characteristics of management?
0 Answers Mahatma Gandhi University,
You are the project manager for the Late Night Smooth Jazz Club chain, with stores in 12 states. Smooth Jazz is considering opening a new club in Kansas City or Spokane. You have derived the following information: Project Kansas City: The payback period is 27 months, and the IRR is 35 percent. Project Spokane: The payback period is 25 months, and the IRR is 32 percent. Which project should you recommend to the selection committee? A. Project Spokane because the payback period is shortest B. Project Kansas City because the IRR is highest C. Project Spokane because the IRR is lowest D. Project Kansas City because the payback period is longest ?
Which of the following processes involves receiving bids and proposals and applies evaluation criteria to the proposals to rank order the sequence of award? A. Contract Administration B. Procurement C. Source Selection D. Solicitation
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.