Project Management and Forecasting

Project Management and Forecasting

In this activity, you will describe one application of each of the following topics, ‘Project Management’ and ‘Forecasting’, covered in this module. It is recommended you identify applications from a current or past workplace. The intent of this activity is for you to demonstrate the knowledge of the topics and how you would apply the knowledge in the real world.

Describe to the level of detail for your instructor to gain a good understanding of the applications for grading your work accordingly. Details may include, description of application area, methodology to be used, source of data, impact/output/benefits, etc. Describe each application in 2 pages for each topic. The total page count for this assignment is 4 pages, plus a cover page.

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Project Management and Forecasting

Project Management

            Organizations undertake various initiatives to improve their operations and enhance their market share. These activities are conducted under the project management platform, which refers to the application of processes, skills, and knowledge to achieve the goals of a project (Andler, 2011). For this reason, our company used these processes when it wanted to upgrade its legacy information network to the more technologically advanced enterprise systems. The management team wanted the project to enhance the firm’s operations. For this reason, the team tasked with implementing the new systems had to be highly effective. The team began by defining the project and product scope.

(1,220 words)