Speculate what would happen if a step is not completed in the project management process? What...
Question:
Speculate what would happen if a step is not completed in the project management process? What are the consequences for all stakeholders?
Project Management Process
The project management process has five distinct stages, which are referred to as the project management life cycle. Each stage has several steps within it. The stages are:
• Initiate: value and feasibility
• Plan: team and scope
• Execute: tasks and progress
• Control: monitor and adjust
• Close: evaluate and communicate
Each stage is important in bringing a project to a successful conclusion. A successful conclusion is delivering the goals within budget and on time. The stages are designed to build upon each other, in order.
Answer and Explanation:
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View this answerAll stages of a project are important. This analysis concentrates on what would happen if a step in the first stage is not completed.
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Project Management System: Definition & Example
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Chapter 2 / Lesson 7
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A project management system helps with several different aspects of projects and includes planning and organizing. Explore the definition, applications, and examples of project management systems and general software applications.
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