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Probability And Impact Matrix?
One of the most popular qualitative assessment techniques is the Probability and Impact Matrix.
What is monitoring and what is the difference of monitoring and evaluation?
Monitoring -Ongoing analysis of project progress towards achieving planned results with the purpose of improving management decision makingEvalution - Assessment of the efficiency, impact, relevance and sustainability of the project's actions.http://www.gage-technique.com
What is risk in project managament?
Risk, in Project Management, is the likelihood of occurrence of an event usually with negative impact on the project.
What are the various steps involved in project selection?
The various steps are:- Creating a Project Charter- Conduct a Business Impact Assessment- Use the Project Evaluation Scorecard to see the project's value to the organization.
What does green field project mean?
green field projects are those projects which do not create any environmental nuisance (pollution), follows environmental management systemand EIA (environment impact assessment). these projects are usually of big magnitude.
What statements describe how this may impact the project management process?
delay must conduct
What is a risk management?
A Risk is an uncertain event or condition that if it occurs, has a positive or negative effect on a Project's Objectives. Risk Management literally refers to the management of the Projects Risk. However, the official definition is: Risk Management is the act of increasing the probability & impact of positive events and decreasing the probability & impact of adverse events within a project.
What is the total number of PMP?
Project Cost Management Project Quality Management Project Human Resource Management Project Communications Management Project Risk Management Project Procurement Management Project Stakeholder Management
What does CPI mean in project management?
Cost Performance Index. It is a way of determining the value of work done divided by the actual cost of doing the work at the point of assessment, and forms part of Earned Value Management (EVM) project control processes.
Explain a Privacy Impact Assessment (PIA) for HIPAA?
Privacy Impact Assessment (PIA)
What is SOW in project management?
In project management, SOW stands for either Scope Of Work or Statement Of Work. It is usually required to be defined/stated/included when preparing an impact analysis or drafting terms of reference.
What are the differences between risk and risk management?
A Risk is an uncertain event or condition that if it occurs, has a positive or negative effect on a Project's Objectives. Risk Management literally refers to the management of the Projects Risk. However, the official definition is: Risk Management is the act of increasing the probability & impact of positive events and decreasing the probability & impact of adverse events within a project.
