Question

1. What are the three major aspects of a project?

2. What is Enterprise Project Management (EPM)?

3. How is EPM organized?

4. What is the purpose of EPM?

5. What are the benefits of EPM?

6. Is the portfolio client driven?

7. Does the program manage a collection of projects?

8. Name the top three (3) principles that are most important in your career industry in order other to be profitable.

Answer 1

1. Three major aspects of projects are project scope, requirements, and overall costs incurred. These help in taking effective decisions and minimise risks.
2. EPM is interlinkage of organisation resources to Organisinations vision and mission using sophisticated IT technology seevices.
3. EPm is organised in way to identify key costs incurring and total revenue potential and facilitate crossborder movement of goods in project using an IT integrated system.
4. EPM ains to minjmise delays, maximises output, rationalise costs and delays, linking strategies to Organisinations systems.repoeting results and stakeholders management are other applications.
5. EPM has advantages of lower costs, higher capacities utilisation, better efficiency and higher effectiveness. Thus, it guves flexibility and ease of accessibility.
6. Portfolio related to developing IT seevices is clients driven where various software had to be amalgamated and automated to drive insights.
7. Management decidesto managed multiole projects at one shot using sophisticated algorithms and software defined network.
8. Top three principles for successful career are time management, people management and stakeholders management. This cdeates additional customers and repeeated purchases and drives additional revenue.