Project Management

(TCO 8) What does the author mean by technical and sociocultural aspects of project management? (Points : 5)

The technical dimension and the sociocultural aspects of project management involves the organizational culture and personal needs of the project team and other stakeholders.

2. (TCO 1) Project management is a continual balance between three main elements. What are they? (Points : 5)

There are three main elements of Project Management,which are:

These are called triple constraints. they are Scope (work to be done), time (schedule) and Cost (Budget).

3. (TCO 8) What are the three basic ways to organize project teams? Briefly identify and describe an advantage and disadvantage for each. (Points : 5)

The three basic ways to organize project teams are:

1. Matrix structure-

Advantage are efficient, strong project focus, easier post project transition, and flexible.

Disadvantages

There might be some dysfunctional conflict, infighting, stressful, and slow. There can be also weak, balanced, and strong matrix structures.

2. Projectized organization structure

Advantages are that they are simple, fast, cohesive and cross-functional integration.

Disadvantages are that, they can be expensive, internal conflicts, limited technological expertise, and difficult post project transition.

3. Functional Organizations-

Advantages are that, there are no change, flexibility, in depth expertise, and easy post project transition.

Disadvantages are lack of focus, poor integration, slow, and lack of ownership.

4. (TCO 1) List and describe the phases of a project. (Points : 5)

There are four main phases of a project, which are:

1.Defining stage is when the goals,specs, objectives, major responsibilities, and teams are formed.

2. Planning stage

This deals with