Consider responding to the following questions by posting your response on the course discussion board for BUS402. You may also respond to other students' posts.
- What is a project life cycle? Describe each project phase with one example.
- Have you experienced any project failure as a project manager? If so, what lessons have you learned? If not, what successful experiences would you like to share? If you haven't had any project management experience, answer this question based on the course content so far.
- According to subunit 2.6, what key project management processes and knowledge areas are covered in PMBOK (2008)? How do they represent your real-world project management experiences?
- As a project manager, what techniques, tools, or strategies can you use to effectively manage project risks?