Dr Nick

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About Dr Nick

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  • MBA (IT), PHD
    Kaplan University
    Apr-2009 - Mar-2014

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  • Professor
    University of Santo Tomas
    Aug-2006 - Present

Category > Business & Finance Posted 17 Jun 2017 My Price 13.00

"Schedule Risk and Readdressing Scope"

"Schedule Risk and Readdressing Scope"  Please respond to the following:

  • Imagine you are working on a project where the project manager does not analyze the critical path. Identify and discuss a key problem the PM is creating for the project and the client. Next, eexplain the bbenefit that will come when you re-address your project scope and the impact to the critical path. Provide a rationale to support your response.
  • At the end of your posting, using the Strayer electronic library and/or the Internet, find an article that talks about managing scope & risk with projects. Provide a quick two-sentence summary (in your own words) of the article. You will need to post a link to the article and include the title of the article (ONLY FOR YOUR INITIAL POSTING).
  • i need it in 3 hours! 
  • Please write an post replies for this post:
  • The critical path is made up of the activities that MUST be completed in order for the project to be considered finished. When a project manager starts a project, without considering the critical path, it leaves the project open risks and scope creep. What if an activity on the critical path takes longer than expected or impacts the budget significantly more than anticipated? When the critical path is analyzed, the project manager and team could realize potential risks and start working on ways to mitigate those risks. Also, there would be little to no hope of finishing the project ahead of schedule since the project manager wouldn't be able to use fast tracking to complete some activities concurrently. When the scope is properly addressed, the project can benefit from concepts like fast tracking and crashing since the project manager and team have a much clearer picture of their expectations and how they will get there.

    Risk and Critical Path

    This article makes the point that anything on critical path must be completed by the due date and can't really be missed or moved as that can have the potential to impact other items on the critical path, then the entire project is off schedule. Other activities that are not on the critical path have some room for risks that may pop up so to protect the critical path, those activities should be anticipated.

Answers

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Status NEW Posted 17 Jun 2017 08:06 AM My Price 13.00

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