GMS 450 Chapter Notes - Chapter 3: Probability Distribution, Work Breakdown Structure, Scenario Analysis
9 Nov 2016
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Chapter 3 project activity & risk planning. 3. 1 the basis of a project plan (cid:862)proje(cid:272)t charter(cid:863: purpose. Business case includes the strategic reasons for the project. The intent that is to communicate to project team members and the organization is mostly important for the project: objectives. To foster team understanding of the project & a representative group of team members and stakeholders for process of developing the statement of objectives. Technological & managerial approaches to the work. Agreements made with clients or any third party (reporting requirements; technical. Specifications of deliverables; delivery dates; any incentives or penalties; procedures for making changes in the deliverable or project procedures: schedules. Project; work breakdown schedule (wbs: resources requirements. Estimates of project expenses, capital & operating. Project budgets through deleting overhead & fixed charges for project management & Cost monitoring & cost control procedures: personnel & stakeholders. Project teams = stakeholders, sponsor and project manager.
