Assignment

I don’t understand this Management question and need help to study.

Task-1

Reflect on the assigned readings from ppt and then type a 4 or 5 page paper regarding what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding. Define and describe what you thought was worthy of your understanding in half a page, and then explain why you felt it was important, how you will use it, and/or how important it is in project planning.

Task-2 – Problem Set (Min 3 page)

You were the project manager in charge of building a house in Ashburn, Virginia. The house was a five-bedroom home estimated to cost $1.2 million dollars and had to be completed in 24 months. You have successfully built the house within cost and on time. You created a Project Budget, Project Schedule, Project Communication Plan, and Project Monitoring and Control Processes Plan for some unexpected schedule and cost problems.

Now, develop a lessons-learned document for your organization and the project stakeholders. A lessons-learned document describes procurement closure activities including administrative and contract closure activities. This lessons-learned document must include what went well, what went wrong, and suggestions for future house-building projects in Northern Virginia, which looks promising since your team was so successful in this house-building project. Explain why this document is important for your project.

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