Management Concepts Worksheet

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RUNNING HEAD: Project Management Concept Worksheet

Project Management Concepts Worksheet

A:  Concept    B:  Application of Concept in Scenario    C:  Citation of Concept in Reading
 Management: Good management.     Developing a in house software to meet the standers of FAFS was a good call. It would help manage the likely hood of critical risk to the project.     University of Phoenix, 2008: Stimulation, Managing Project Risk
Cost  of network     Availability of network is important, because there is a likely hood that equipment and related cost my increase.     University of Phoenix, 2008: Stimulation, Managing Project Risk
Commitment     Although commitment is not a high risk, the effort put into the project is high. All member of the team should have some kind of commitment to the project.     University of Phoenix, 2008: Stimulation, Managing Project Risk
People Skills    Lack of skills and resources and part-time assignments and specialization indicates a high risk of exposure, which causes problem with accuracy of the project. Would make sure I have individuals that are skilled working on the assignment.     University of Phoenix, 2008: Stimulation, Managing Project Risk
Resource Constraints      Release database specialists, reschedule task, identify and reassign this task to other internal resources with database and integration skills and offer training to bridge skills gap.     University of Phoenix, 2008: Stimulation, Managing
Project Risk

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