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Implementing the EBS project management framework It is a three stage process of scoping, planning and managing.

The framework establishes fundamental principles to achieve consistency in proje ct management. It details a process that can be tailored to any size or type of project. It specifies the roles and responsibilities of the key players, including approv al steps, guidelines on project management best practice and document templates. The implementation of a project management framework has, over time, engendered a culture which promotes: Improved reliability of project success Greater communication between project team members and project stakeholders Solutions that maximise stakeholder satisfaction Planning of the total project life cycle before committing resources A focus on reviewing and improving the process In general, project Plan includes d establishes project policies. what, why, where and when, also considers who

Scope One of the key functions of budget planning for technical projects is to define the scope of the project and put in place controls to ensure it doesn't grow. A good approach is to define the major cost elements in advance, break them down i nto their components, then limit the authorization to approve extras. In this wa y, if additional material is required, the project manager can make the necessar y adjustments in the budget, assign costs and possibly recoup the overrun elsewh ere. She may also decide that the extra material is not, in fact, needed. The sa me requirements apply to the other segments of budget planning activity. Gantt Chart vs WBS The WBS breaks down what you are building for the project into smaller, more man ageable components. You would use the WBS for scope control, including change management, and you wo uld use the Gantt chart for schedule control. Project Management Checklist/Template 1. Conduct a team meeting to brainstorm ideas about the elements to be tracked a nd monitored for your project 2. Type a question such as Are project objectives defined? 3. "Has the business case been developed?" "Has risk been assessed?" "Have your business functions been identified?" "Have the project milestones been met?" "H ave quality requirements been met?" "Is the project within budget?" and "Have co mpletion approvals been received?" 4. You can upload an MS Project file into a SharePoint library and share it with ot her users just as with a text or spreadsheet document. You can upload the MS Pro ject file into either a user or group collaborative directory, where it can be d ownloaded by those with the appropriate permissions, changed, then uploaded back to the SharePoint server. What does a project Manager Do ? Typically a project manager will be nominated to lead a project and will be expe cted to be fully accountable for meeting its objectives. The project manager wil l be the leader of the project team and will be responsible for ensuring the fol lowing are completed in a timely way:Gaining approval for the project aim and terms of reference

Selecting and leading the team and setting individual objectives Ensuring a feasibility study is complete Ensuring that the project is planned in appropriate detail Allocating and monitoring the work and cost Motivating the team Reporting progress back to the organisation Helping the team to solve project problems Achieve, through the team, the goals Reviewing and closing down Project Management Understanding why IT projects fail and preventing failure. Defining effective IT project charters and requirements. Organizing IT roadmaps into manageable projects. Capturing, creating, and using historical data. Establishing "soft" and "hard" project metrics and milestones. Defining project scope, and avoiding scope creep. Identifying and managing stakeholders and expectations. Choosing the right PM tools for your needs including in-house, hosted, and cloud-b ased solutions. What is SWOT Analysis? SWOT is an acronym for Strengths, Weaknesses, Oppportunities, and Threats. SWOT Analysis is a tool that enables a subjective assessment of a given situation or subject in order to make critical decisions that are related to planning and ris k management. Now that you know what is SWOT Analysis, let's see how SWOT Analys is is useful in project management. During a Project Kickoff, the output of a SWOT Analysis can provide you key inpu ts for creating the project plans. For example, if a specific section or set of activities of a project are being outsourced, a SWOT Analysis can help you determ ine the risks and opportunities associated with each outsourced vendor that is b eing considered. You can then create the plans accordingly. Therefore, SWOT Anal ysis is useful for Risk Management and Resource Management. For example, you can conduct a SWOT Analysis to identify risks and then calculate the Expected Monet ary Value. Next, let's see how to do a SWOT analysis, but before that let's look at a SWOT Analysis template. What is a project milestone ? a milestone is the end of a stage that marks the comp letion of a work package or phase, typically marked by a high level event What is project float ? Project Float: the cushion you provide yourself b4 committ ing a date to customer. What is project charter? The Project Charter details the project purpose, overvi ew, goals, and high-level deliverables. What are the elements in a project charter? The project overview - A project overview contains a description of the business need, purpose, and product or service that is to be provided. ? Preliminary roles and responsibilities - This section describes the duties of the project team. This includes people who should be involved and why and how they might be involved. This might include customers, stakeholders, and the project team. ? Identification of the project manager - The project manager identification des ignates

the project manager who has primary project oversight responsibility. ? A description of the project manager's authority - The description of the proj ect manager's authority outlines the level of authority given to the project manager . This would include financial oversight and level of decision making. ? Sign-off - This is the approval required from the project's sponsor to give th e go-ahead to the project What is EVM? how will you use it in managing projects? Earned Value Management i s a management methodology for integrating scope, schedule, and resources, and for o bjectively measuring project performance and progress. What is a project? and what is a program? A project is a temporary endeavor unde rtaken to create a unique product, service or result. The temporary nature of projects ind icates a definite beginning and end. The end is reached when the project?s objectives have been ac hieved or when the project is terminated because its objectives will not or cannot be met, or w hen the need for the project no longer exists. A program is a planned sequence and combination of activities designed to achieve specified goals. What are project selection methods? Project selection methods are defined to sho w the project is worth? taking it. Strategic goals of organization, Market Need, Techno logical Advancement, Competitive Advantage, Profitability, Project/Portfolio Management Office (PMO), Sponsor?s are key in project selection. What is risk management and how will you plan risk response? The process of dete rmining the maximum acceptable level of overall risk to and from a proposed activity, th en using risk assessment techniques to determine the initial level of risk and, if this is exc essive, developing a strategy to ameliorate appropriate individual risks until the overall level of r isk is reduced to an acceptable level. The plan is frequently applied in the project management softw are as a series of tasks in addition to those that were on the original activity list. The risk mit igation plan may also What are outputs of project closure? Project closure is the last phase in the pr oject life cycle, and must be conducted formally so that the business benefits delivered by the pr oject are fully realized by the customer. Did it result in the benefits defined in the business case? Did it achieve the objectives outlined in the terms of reference? Did it operate within the sco pe of the terms of reference? Did the deliverables meet the criteria defined in the quality plan? W as it delivered within the schedule outlined in the project plan? Was it delivered within the bu

dget outlined in the financial plan? What are the methods used for project estimation? The three methods for project estimation include equations, comparison, and analogy. In this field (the field you are interviewing for), what are three critically im portant things you must do well as a project manager in order for the project to succeed? The three critically important things to do is create the features list, goals list and work items li st. 88. What metrics would you expect to use to determine the on-going success of yo ur project? I would utilize cost, effort, & duration as my primary metrics. 89. How are your soft skills? Can you sell the project to a team? As a sales profe ssional you must find the customers buying motives. Once you have identified their reason f or buying you can isolate their objections and provide solutions. What are change management tools ? STAT - Stat for Oracle E-Business is a change management solution that provides you with increased visibility Simplify R12 upgrades Replace Kintana to reduce OpEx and future-proof Oracle EBS support Enforce separation of duties for improved compliance Simplify migration with pre- and post-migration analytics Automate rollback through native object support Support for functional setups Evaluate impact and scheduling of patches Manage all apps from one repository for easier auditing