Risk In A Systems Analysis And Design

Chapter 3 Problems & Exercises2. Which of the four phases of the project management process do you feel is most challenging? Why? 1.) Initiating the project2.) Planning the project3.) Executing the project4.) Closing down the projectThe Project Planning Phase is the second phase in the project life cycle. It involves creating of a set of plans to help guide your team through the execution and closure phases of the project. Because at this phase tells everyone involved where the project is going and how it is going to get there I believe it is the heart of the projects life cycle.The plans created during this phase will help you to manage time, cost, quality, change, risk and issues. They will also help you manage staff and external suppliers, to ensure that you deliver the project on time and within budget.I believe the Project Planning Phase is the most challenging phase for a Project Manager, as you need to make an educated guess of the staff, resources and equipment needed to complete your project. You may also need to plan your communications and procurement activities, as well as contract any