Read the \"Creating a Methodology\" and then answer one (1) of the questions 1.

Question

Read the "Creating a Methodology" and then answer one (1) of the questions

1. What can you determine about the corporate culture from the fact that they waited this long to consider the development of an EPM system?

2. Can a PMO accelerate the implementation process?

3. Is it acceptable for the PMO to report to the chief information officer or to someone else?

4. Why is it best to have six or less life-cycle phases in an EPM system?

5. Is it best to design an EPM system around flexible or inflexible elements? Generally, when first developing an EPM system, do companies prefer to use formality or informality in the design?

6. Should an EPM system have the capability of capturing best practices?

Explanation / Answer

Best to have six or less life-cycle phases in an EPM system:

1. More than six phases will force team to focus more on preparing the phases.
2. It deviates the focus from actual management of the project
3. Which shows that it will be a waste of time for the project.
4. Most project management and enterprise project management won't have more than six phases.
5. So having less phases make project to concentre on the actual management.

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