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IT Project Management
June 2024 Examination
- What factors are considered when assessing project feasibility in IT project management? How does feasibility impact project initiation? Explain the concept of a request for proposal (RFP) in the context of IT projects. What information does an RFP typically include? (10 Marks)
Ans 1.
Introduction
In IT project management, assessing project feasibility is a critical early step, ensuring that a proposed project is viable and aligns with strategic objectives before significant resources are allocated. This evaluation includes various dimensions such as technical, economic, legal, operational, and schedule feasibility. The outcome of this assessment significantly influences project initiation, serving as a foundational decision-making tool. In tandem with feasibility studies, the Request for Proposal (RFP) process is pivotal. An RFP is a document issued by a business to solicit vendor proposals for products, services, or solutions and is crucial in the procurement phase of It is only half solved
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- You have been hired as a project manager by a leading IT consulting firm to oversee the implementation of a new enterprise resource planning (ERP) system for a multinational corporation. The ERP system aims to streamline business processes, enhance data visibility, and improve decision-making capabilities across various departments.
Create a brief plan with following pointers.
- Define the scope of the project, including key deliverables, milestones, and project objectives.
- Create a Work Breakdown Structure (WBS) to decompose the project scope into manageable tasks and sub-tasks (10 Marks)
Ans 2.
Introduction
In the dynamic landscape of business technology, the implementation of an Enterprise Resource Planning (ERP) system is a critical endeavor for multinational corporations seeking to unify and optimize their operations. As a project manager at a leading IT consulting firm, my role involves overseeing the deployment of a new ERP system designed to streamline business processes, enhance data visibility, and facilitate informed decision-making across various departments. This brief plan outlines the scope, including key deliverables and milestones, and provides a
- RASHA Corporation, a leading technology company, is facing a challenge in allocating resources to multiple ongoing projects. The company has several high-priority projects in various stages of development, each requiring a different set of resources and expertise. As the head of the project management team, you are tasked with effectively managing the allocation of resources to ensure successful project completion while maximizing resource utilization. As the project manager, how would you approach the allocation of resources to the multiple ongoing projects at RASHA Corporation? Discuss the following aspects in detail:
- Resource loading and resource leveling techniques you would employ to balance resource allocation across projects and avoid resource overloading. (5 Marks)
Ans 3a.
Introduction
At RASHA Corporation, managing the allocation of resources across multiple high-priority projects is crucial for operational success. As the head of the project management team, employing effective resource management techniques, such as resource loading and leveling, is essential to optimize utilization and ensure project deliverables are met without
- Strategies for allocating scarce resources to projects with competing priorities and ensuring equitable distribution of resources and the application of Goldratt’s critical chain methodology to optimize resource utilization and minimize project delays. (5 Marks)
Ans 3b.
Introduction
Allocating scarce resources among competing projects is a common challenge in large organizations like RASHA Corporation. Implementing strategic allocation methods and innovative methodologies like Goldratt’s Critical Chain is essential to manage this complexity. These strategies ensure equitable distribution of resources and optimization of utilization,