Class 13 Executing a Project

What is an example of a project OUTCOME for a new machine installation project at UFP?

• The machine that was installed

• Increased production and potentially profits

• A manual for the machine

• An attachment for the machine that was installed

A burndown chart is a graphical representation of work left to do versus time.

• True

• False

What is a Risk Register?

• 1. A detailed project schedule that outlines milestones.

• 1. A financial ledger that records project expenses.

• 1. A database of project deliverables and their completion status.

• A repository where outputs of risk management processes are recorded.

#1 Rule of the Execution Phase

• Keep the project moving.

• 1. Avoid stakeholders until to minimize distractions.

• Focus solely on task completion.

• Limit team meetings to reduce overhead.

This is an example of a project OUTPUT.

• Increased revenue

• A physical machine that was installed during the project

• A happier workplace

• Increased net profits