Project Management Project Initiation" Please respond to the following: One of the most important aspects of managing risk for a project is to accurately define the size of the project. Determine the criteria that must be considered to perform the project sizing and create one additional factor with rationale. It is important to measure several important things. First, the amount of money that will have to be invested has to be measured. This

, 2000). Also, the new project manager must make a special effort to learn the communication style and personality of the individuals on the team in order to give each member the feeling that they are valued and will be respected. Morale that is low, such as in the scenario, can also be boosted in the team through the introduction of hard working, knowledgeable members within the team. What this will

Likewise, Lynn points out that, "Japan's recent economic problems may have far more to do with its financial and bureaucratic systems than its managerial systems." According to Everett and Strach, "Japan experienced a decade of zero growth in the 1990s and slumped into recession," but, "The global dynamism and success of Canon, Hoya, Honda, Toyota, TDK, Rohm and Sony, known as the 'seven samurai,' contrasted with the quagmire of

Need theories discover the kinds of needs that motivate people but it lacks to explain how people decide to behave in a certain manner for the satisfaction of their needs (Campbell, 1983). b) Process Theories: These theories explain the thought processes. These thought processes guide certain behaviors through decisions and action to be applied in response to satisfy certain need. Two significant approaches are Vroom's expectancy theory and Adam's equity

Business Systems Project Feasibility Why is the process of assessing project feasibility so important? What are the various methods for assessing project feasibility? Which factor is the most important? Why? Can there be a situation when one assessment factor is more important than another factor? Project feasibility is critically important because its series of techniques takes into account constraints vs. costs and the strategic value of the project overall. Optimizing for these constraints

Because cross-trained employees are more knowledgeable about the overall business processes of the organization, their conceptual understanding of the mission of their organization is enhanced by every incremental increase of their involvement and knowledge of its operations (Robbins & Judge, 2009). Beyond that element of increased involvement, the fact that cross-trained workforces tend to improve the morale and organizational connectedness of individual employees also contributes directly to organizational benefits