INSTANT DOWNLOAD WITH ANSWERS
Sample Chapter CHAPTER THREE: PROJECT INITIATIONKey points to emphasize: It is important for students to come away from this chapter with a thorough understanding of how projects are initiated from both external and internal sources and the role project managers play in project initiation.Answers to end-of-chapter review questions:1. The outcomes of the initiation phase of a project are a project description, feasibility analysis report, concept document, project charter with scope, stakeholder register, and the project kick-off meeting.2. Before developing the project concept document it is important to: 1) select the project manager, 2) select the team members, 3) identify concept input partners, and 4) identify key stakeholders.3. The project concept document should contain: overview of the project, purpose statement, goals and objectives, selected approach and strategies for implementing it, success factors, financial information and resource requirements, schedule information, and risk information.4. A project charter is a more detailed document than the concept document. It includes all of the information in the concept document and more.5. The following information should be included in a project charter: general information, project overview, assumptions, project scope, milestones, deliverables, authority and responsibility, project organization, roles and responsibilities of all stakeholders, disaster recovery methodology, resources and funding, and signatures.6. A project scope statement should contain a product/service description, acceptance criteria, deliverables, exclusions, constraints, and assumptions.7. A milestone is a specific point in a project where a certain portion of the overall project has been completed.8. Because the work of engineering and technology firms has become so dependent on IT systems, it is important to have a disaster recovery plan that describes how the firm will respond to a major IT problem. The domains of a disaster recovery plan are servers, storage, software and automation, networking and physical infrastructure, and skills needed to operate the other domains of concern.9. Hidden stakeholders are people who can help or hinder a project who are not apparent or might be overlooked when identifying stakeholders.10. The kick-off meeting is to get all team members fully knowledgeable concerning all applicable information about a project. The meeting gets the project started on the right foot. It includes the following agenda items at a minimum: welcome, introductions, distribution of the project charter, discussion of the stakeholder register, discussion of next steps, and questions/concerns from team members.