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Describe types of benchmarking commonly used in organisations?

historic, internal and external benchmarking


Match the interested parties and project roles to the responsibilities they have when participating on a project?

Sponspors procure financial support. Project management offices provide project support. Influencers provide support from within the client organization. Project management teams provide management support.


Can a functional manager who considers his organization as strictly support still be dedicated to total project success?

It depends on how the outcome of the project will affect the functional manager. If the project success will positively affect him then he will be dedicated to the project's success


What is importance of Research and development project management?

R&D projects are moving from discovery to goal oriented. The tools of project managment can support this.


Who are the main stakeholders in the project?

The main stakeholders in a project are different in every company and in every project. However, there is something common defining main stakeholders: "Main stakeholders are those stakeholders that can cause the project to fail if support if their support is withdrawn." Identifying all the project stakeholders might be a difficult task, but the following are the obvious stakeholders in any project: Project Sponsor Project Manager PMO Project Team Program Manager (If Applicable) Portfolio Manager (If Applicable) Portfolio Review Board Functional Manager Operational Management Sellers Business Partners Customers Among these, the sponsor, the project manager, the project team and the customer would be the main stakeholders of the project.

Related Questions

Breaking one goal into several smaller goals is known as?

benchmarking


What is the difference between benchmark and benchmarking?

A benchmark is the result of benchmarking.


What is the difference between benchmarking and benchmark?

benchmarking is aprocess of acquring benchmark


What tools are available to the project manager to use in controlling a project?

Some of the tools available to PM's to use in controlling a project are: Benchmarking, Critical Ratio Charts, Exception Reports, Gantt Charts, Status Reports, Trend Projections and Variance Analysis.


When was Global Benchmarking Network created?

Global Benchmarking Network was created in 1994.


Describe types of benchmarking commonly used in organisations?

historic, internal and external benchmarking


Match the interested parties and project roles to the responsibilities they have when participating on a project?

Sponspors procure financial support. Project management offices provide project support. Influencers provide support from within the client organization. Project management teams provide management support.


Can you provide a letter of support for my research project?

Yes, I can provide a letter of support for your research project.


Explain the meaning of the term benchmarking in fire and safety?

Benchmarking is the process of comparing your procedures with those of other organizations that are considered to be leaders (or benchmarks) in those particular areas. Benchmarking has this meaning through the business world, not just in fire and safety. The purpose of benchmarking is to improve the way your organization does things.


How might the benchmarking and quality circles inprove quality?

for eg: for a product required by a customer, the benchmarking will be done by the customer. it means the product is of good quality which the customer was expecting. Benchmarking means the product has relative performance which is expected.


What is a project financier?

It is a person or corporation who supplies financial support to a project


Which statements correctly describe benchmarking?

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