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- Suggest 2 potential actions that a quantitative analyst could undertake to ensure that the implementation stage of a project is successful. ( detailed explanation is required)For his workplace project for his professional course, Humphrey decided to study the effectiveness of the joint consultative committee in South Africa National Health Insurance. His title was ‘An evaluation of the effectiveness of the Joint Consultative Committee in South Africa's Hospital's National Health Insurance’. Draft some objectives which Humphrey may adapt to complement his title. In your response also discuss the research methodology approaches that Humphrey could adopt for his research and explain why.Describe the four different project evaluations or reviews: (1) individual performance review, (2) postmortem review, (3) project audit, and (4) evaluation of the project’s MOV with specific examples
- Analyze the characteristics of a project that calls for a predictive approach to the SDLC, and the one that calls for adaptive approach.define big data and how it can be used to enhance the appraisal of new project when NPV is used.RESEARCH TOPICS1. The difference between project feasibility and project appraisal and their significance toproject sustainability2. The interplay between the project components (Cost, time, scope and quality) and thesignificance to project performance and sustainability3. Report writing process and utility of project report to project management
- Project manager’s technical knowledge ought to be complemented withindigenous knowledge. Explain.Slove the quation: Tony and his team identified some risks during the first month of the Recreation and Wellness Intranet Project. However, all they did was document the risks in a list. They never ranked the risks or developed any response strategies. Because the project has had several problems, such as key team members leaving the company, users being uncooperative, and team members not providing good status information. Tony has decided to be more proactive in managing risks. He also wants to address positive risks as well as negative risks. The quation is ; Develop a response strategy for one of the negative risks and one of the positive risks. Enter the information in the risk register.Explain the factors that hinder the success of 5S 1.)Project sponsor is not decision maker 2.) Organizational policies 3.) Lack of experiencce in undertaking cross-functional activities 4.) Lack of top management support 5.) Implementation carried out through orders from the top 6.) Implementation done by task forces 7.) 5S treated as a project 8. )Emphasis on immediate results
- 3. Jennifer has recently been asked to manage an office refurbishment project. She finds out that the chief financial officer of the company is resisting the project. The chief financial officer is a key project stakeholder. What must Jennifer do first? A. Seek expert judgment from the project initiator. B. Conduct a team meeting to discuss this issue C. Seek support from the project sponsor to force project decisions. D. Analyze options that might change or influence the chief financial officer's perception. Moz 19 Sep-21 MORE Ineight SupportPROJECT MANAGEMENT : Which metric would you select and use to determine the value of long-term customer relationship in an organization? Why? Customer Lifetime Value (CLV) Customer Acquisition Cost (CAC) Customer Satisfaction & Retention Net Promoter Score (NPS) Number Of Customers(a) What questions would you ask of the competencies of the Project Manager?Knowledge, performance and interpersonal skills. (b) Distinguish between management and interpersonal skills of Project Manager. Management- planning, coordination, meeting management. Interpersonalskills- influence, negotiation, leadership. (c) What questions will you ask if you are assigned to manage your project cost?Market prices, spreadsheet of all vendors,