The project management plan is the most important planning
document produced with inputs from several project...
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Civil Engineering
The project management plan is the most important planningdocument produced with inputs from several project team members. Inwhich of the following processes will the project management planNOT be updated?
Monitor and Control Project Work
Develop Project Charter
Perform Integrated Change Control
Direct and Manage Project Work
There are three projects: Project A has a payback period of 3 years and NPV of $300,000. Project B has a payback period of 2 years and NPV of $200,000. Project C has a payback period of 1 year and NPV of $ 100,000.
Which project should be selected if NPV criterion is used?
Project A
Project B
Project C
Project A, B, or C can be selected, because all of them haveequal value
Project integration management includes the processes andactivities needed to identify, define, combine, unify andcoordinate the various processes and project management activitieswithin the project management process group. When a project isinitiated, one of the processes taken up early on in the projectinitiation stage is:
Identify Stakeholders
Define Scope
Plan Human Resource Management
Develop Project Management Plan
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