Week 7 Checkpoint Solutions

1 Will project management work in all companies? Why or why not? Provide examples of companies or industries to support your answer.

Answer - Project management would be very useful to implement in companies that does their work as 'projects', where a project is defined as a well defined set of work with a start and finish date. However, for companies or industries that do their work on an ongoing continuous basis, and have a very functional focus, project management would not be the best approach to implement. Examples of this include companies like Johnson and Johnson that is into research and development of new medicines or industries like banks or insurance companies where majority of their operational work would be on a transactional basis interacting with...