Project Management Impact Events

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Questions and Answers

What is the minimum requirement for impact events in projects?

  • At least three impact events
  • No specific requirement for impact events
  • At least one impact event (correct)
  • One impact event for every team involved

Who is responsible for monitoring impact events in projects?

  • Only the project manager
  • The finance department
  • Cross-functional teams and leadership (correct)
  • External stakeholders

What is done regularly with the impact events?

  • They are discarded to maintain focus
  • They are communicated to only the finance team
  • They are reported only at the end of the project
  • They are reviewed and compiled for cross-functional review (correct)

What does SLA stand for in the context of monitoring impact events?

<p>Service Level Agreement (D)</p> Signup and view all the answers

Why are impact events closely monitored?

<p>To ensure adequacy of SLAs (C)</p> Signup and view all the answers

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Study Notes

Impact Events in Projects

  • Every project is required to have a minimum of one impact event to assess its effects.
  • Impact events are crucial in evaluating how projects influence stakeholders and processes.

Monitoring and Oversight

  • Cross-functional teams along with leadership are responsible for monitoring these impact events.
  • Monitoring ensures adherence to Service Level Agreements (SLAs), which set expectations for service performance.

Review and Analysis

  • Events are regularly reviewed and compiled for analysis.
  • Cross-functional multi-lateral review allows different teams to contribute perspectives, enhancing the depth of analysis.

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