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Project Management

Project Management Opinion

Do you agree or disagree with the statement: "Technology tends to suffer in a pure product organizational form because no group is solely responsible for long-term planning, whereas the pure functional organization tends to sacrifice time and schedule".

Project Planning and Selection

Why is the process of identifying and selecting projects so crucial to an organization's success? Why is it that organizations undertake information system (IS) projects. Do you have any experience as a team member in making go/no go type of project decisions?

Project Management Processes

I need some assistance with this assignment: You are designing a grocery delivery business. Via the Internet, your company will offer staples and frozen foods in a large metropolitan area and then deliver them within a customer-defined window of time. You plan to partner with two major food stores in the area. What should be

State of Operation

Consider the following financial statements for BestCare HMO, a not-for-profit managed care plan: BestCare HMO Statement of Operation and Change in Net Assets Year Ended June 30, 2007 (in thousand) Revenue: Premiums earned $26,682.00 Co-insurance $ 1,689.00 Interest and other income $ 242.00 Total re

Project Planning & Implementation

What are you thoughts on the following questions? I need some help getting started: 1. Why are accurate estimates critical to effective project management? What steps can project managers take to improve the accuracy of estimating projects? 2. What argument can you provide as to why a project's scope must be tied to the Wo

Million investment in a new venture called project X.

First, Forecast the cash flows generated by project X over its economic life. Second, determine the appropriate opportunity cost of capital(r). this should reflect the both the time value of money and the risk involved in project X. Third, use this opportunity cost of capital to discount the project's future cash flows, the sum

Project Management problems

If the indirect cost for each duration are $1,300 for 16 weeks, $1,290 for 15 weeks, $1,250 for 14 weeks, $1,200 for 13 weeks, $1,100 for 12 weeks, $1,020 for 11 weeks and $1,000 for 10 weeks, compute the total cost for each duration. Show critical paths. What is the optimum cost-time schedule? Show your work with analysis.

Procurement Process

Project Description The firm will develop a sophisticated online web portal infrastructure which will support quality improvement programs in five plants in different locations of the company. The manufacturing operations will have to report progress, submit data, share ideas, measure and monitor quality improvement initiativ

Investment Analysis: Research project

Stock, Commodity and Mutual Fund Project You will complete a research project for this course that includes an in-depth analysis of two stocks, two futures contracts and two mutual funds. You will complete the following for the financial instruments that you choose: 1 Historical summary/ profile 2 Printed price lis

Decision making

Expando, Inc., is considering the possibility of building an additional factory that would produce a new addition to its product line. The company is currently considering two options. The first is a small facility that it could build at a cost of $6 million. If demand for new products is low, the company expects to receive $10

ANALYZE PROJECT VIABILITY (ON EXCEL)

Option A You can purchase a new building within the city limits for $525,000. The city will offer a special incentive reducing the price by $25,000. The city will finance the building over a period of 20 years at a 5.25% APR Should you pay the loan off 5 years early the city will rebate you an additional 10% of the purchase

Project Management

-Analyze the organizations basic legal, social and economic issues -Analyze managerial, operational, and financial issues including -Project management -Project timelines -Critical paths and contingency planning -Implementation plan contingencies -Staffing needs and tools Also include 1 Gantt chart example along with

Use of Bayes' theorem in health care administration

Why is using Bayes' theorem important to help answer health care administration-related questions? What does this theorem allow you to do that traditional statistics do not? What are some prerequisites for using Bayesian statistics?

The Importance of Data Collection in Project Management

It is important for the project manager to gather data on the work that has already been executed in the project to compare the plan against what is actually happening. Once the data is collected and reviewed, it should be determined if action is necessary. Without the data, project managers may not be able to make decisions bas

Project management discussions

1. What are the best practices used by firms to outsource project work? 2. Why is it important for project managers to gather data on the work that has been executed in the project? 3. What major information would you expect to find in a project closure review?

Project Team Dynamics, Leadership, and Conflict Management

Charlie Poole's Three Week Project Turnaround: http://c2.com/cgi/wiki?ThreeWeekProjectTurnaround And http://www.charliepoole.org/article.php?p=turnaround ""Lessons learned from the Three Week Project Turnaround: What went right, what went wrong, and why" - How much flexibility do project managers typically exerc

Project Communications Management: Meetings

The most common way that many organizations communicate is through periodic meetings. At the same time, almost everyone complains about meetings being a waste of time. Below is an attached humorous cartoon poster about calling a meeting. Comment on the cartoon. Explain in your comment the best ways to use meetings for project

Project Operations and Controls

"To what degree is it really possible to meaningfully manage risks in project management?" -What is project failure? -How can the risk of project failure be reduced? -What are the costs of protecting against project failure? -To what factors lead to project success?

Project Planning, Budgeting, and Scheduling

"What's the appropriate level and kinds of advice about the Systems Development Life Cycle are appropriate to give to the aspiring Project manager?" -How is knowledge of the SDLC useful in IT project management?' -What would you want to know in the same situation? -Do you think the SDLC is dated or is it still necessary to

IT Implementation: The Project Life Cycle

"Is project management more of a science or more of an art form?" -Science" is generally defined by replicable, learnable procedures that tend toward success, art by the unpredictable, capable of being carried out by skilled practitioners but in ways that they are not always able to explain -What do we mean by "success"? -I

Final Project Part VI

Your organization in the new geographical location has been operating for over a year. There have been a lot of positive changes, but a few obstacles still remain. Answer the following: -What are the organizational strengths and weaknesses? -How can management increase its understanding and application of business etiquett

Internet Available for Employees Usages

I want to discuss senior management's ability to communicate with its employees. 1. Is the Internet available for employee usage? Why or why not? 2. What is the management's role in the dissemination of information to employees? 3. How will foreign managers communicate with the home base? 4. What challenges might

Transportation Project Planning

To a great extent, transportation project planning is described as a public activity where purely financial return is not the overriding benefit to be attained. Give the reasons why this activity is a major part of the public activity in the U.S. economy.

Project management discussions

Comment below: Is the project worth doing? In my job we are often reviewing whether or not we should do something. I think it's important that a project absolutely makes sense to do from either an economic or strategic standpoint. In today's economy a company can not afford to take on projects if they don't ultimately benefi

Project management discussions

Comment on below. Risk management is a major component of successful project management. From our in class discussion I learned that risk managers alone is at a huge increase in demand because of the importance to companies. The risk management factor can majorly affect a projects success. Both internal and external factors

General Project management questions

If the initial investment in a project is $100,000 and the expected annual net profit for the project is $20,000, the payback period is: -5 years -4 years -one fifth of the year - 10 years A functional project structure is NOT characterized by: -lower personnel costs -improved communications -lack of "projectitis" -la

Recruiting Manager: Finding a Candidate to Hire

You are the recruiting manager for a new organization that is working on recruiting a manager for the services division. The vice president of the services division stresses to you, "This is a new department that requires a good manager who has the following skills: conceptual, communication effectiveness, and interpersonal. I n