Explain the difference between Macro and Micro risk management. Think of a project you have worked on in the past couple of years and justify whether it should have been classified as a Macro or Micro risk management project.
Suppose you are the project manager of a team of software specialists working on a project to produce a piece of application software in the field of accounting. Identify some items that might go wrong during this type of project (i.e., what are some of the risks in this project) and discuss how you, as the PM, would assess and
The following investment opportunities are available to an investment center manager. Project Initial Investment Annual Earnings A $800,000 $90,000 B $100,000 $20,000 C $300,000 $25,000 D $400,000 $60,00
Compare the difference between a time-constrained project and a resource-constrained project. What industries typically have time-constrained projects, resource-constrained projects, or both? Explain your answer.
Results might be measured against goals based on the success factor or methods of achieving those goals. Goals should be measured periodically throughout the project implementation phase depending on the nature of the project (Reilly, 1996).
Feasibility should be measured throughout the life cycle of a project. The scope and complexity of an apparently feasible project can change after the initial problems and opportunities are fully analyzed or after the system has been designed. A project that is feasible at one point in time may become infeasible at a later point
Exercise 5.2 WBS Figure router systems project cost: 600,000 definition design Implementation 10% 40% 50% objectives Requirements 4% 6% In house testing customer testi
1. Was Linderman Industries' adoption of project organization an appropriate one for getting the Mexican subsidiary started? 2. In consideration of Robert Linderman's letting the division managers know the project manager would be asking for some of their key people, why would Conway have any difficulty in getting the ones he
What is more important for successfully completing a project: the project management structure or the culture of the organization? Provide an example to support your answer.
What are the effects of an organization's structure and culture on the role and authority of the project manager? How can these affect project success?
Unsure How I would go about this problem The student needed a starting point. This solution was written to help with giving the student ideas on how to address the questions asked in the case study. There were further references given to assist the student in completing the homework assignment.
Case study tell me what you are going to do, unsure what they are asking and how I would go about answering this? This is a link to the book we are looking at http://highered.mcgraw-hill.com/sites/0073525154/student_view0/chapter6/ My recommendation is that the content in the link given above should be read several times.
Project Management Plan Analyze the role of project management in creating and maintaining facility assets. Describe internal factors that affect project management decisions within facilities management of a resort hotel.
I am having a real hard time with this, since I am not an excel function expert. Your help is greatly appreciated. Here are the instructions: Description You are the owner of a family practice which also sells fitness equipment and wish to convert the payroll account to an Excel worksheet, which will automatically calculat
Why is a conductor of an orchestra an appropriate metaphor for being a project manager? What aspects of project managing are not reflected by this metaphor? Can you think of other metaphors that would be appropriate?
I) Assume you are a Project Manager and have been asked to manage the project schedule for a given project. The project primarily involves building a prototype product, testing it, and obtaining customer approval. ii) The project activities, durations, and predecessors are shown in attachment. iii) Assume that the project be
What are the different types of risk that organizations face? What are the benefits of risk management? How do you determine whether a risk is typical or corporate and why is it important to make this distinction? Discuss the negative impact that ethics risk can have on an organization and comment on any examples in recent years
Eden Project rents its store location. Rent is $750 per month, payable quarterly in advance. On July 1, a check for $2,250 was issued to the landlord for the July-September quarter. Use the horizontal model to show the effects on the financial statements of Eden Project: A. To record the payment, assuming that all @2,250
Describe how often project reviews should be held with project sponsors by the project manager. List five important factors that should be in the project review, described in the text as "actionable information". Is it important to tell the sponsors what they want to hear, or the truth about the actual status of the project?
Describe the importance of a project kick-off meeting, and what needs to be reviewed in that meeting. Describe a project kick off meeting you have attended or hosted, and give suggestions on how to improve it in the future. Provide a comprehensive answer using your reading, knowledge and experience.
I have posted 2 multiple choice problems I need help with... A department adds raw materials to a process at the beginning of the process and incurs conversion costs uniformly throughout the process. For the month of January, there were no units in the beginning work in process inventory; 10,000 units were started into produc
To be honest, I don't even know where to start with this problem and would appreciate any help that you feel is allowed. At least something that could get me started and allow me to check my work when finished. Thank you for your help. International Cookies Inc. is considering the purchase of a new cookie oven. The origina
Can you help me get started on this assignment? 1) Why is security management more important today than ever before? 2) What is a threat assessment? 3) What do you believe the most important issue facing private security today is? 4) What cultural norms are present in our society that provoke employees to steal from
Impact of Management Style Describe the impact of a manager's actions on a food and beverage operation. List 7 situations in which a manager's actions either indirectly or directly affect a guest's dining experience. Describe the impact of your selected actions on the profitability of a food and beverage operation.
Why might a project schedule need to be compressed? What are some of the ramifications of compressing a schedule? Describe a situation in a organization where consensus building was used. How successful was it? Provide an example of where you think consensus building could be used. Describe a situation where you could
The manager of Crafts needs to have information about how switching to level production will affect the company's profits and loan need. Assumptions for pro formals and the cash budget. Switching to level production will not affect Sales, Accounts Receivables, Long-term Debt, or Net Plant and Equipment. You can take thos
Describe how does CPM handle trade-offs between time and cost in the scheduling of a project?
Discuss the importance to fully integrate the WBS with the organization. In your estimation, what could happen if this integration does not take place?
CPM/PERT 1. Immediate Duration Activity Predecessors (days) a. organize layout team - 5 b. organize modification team - 3 c. design personnel jobs a 2 d. set machinery in place b 3 e. connect utilities c,d 7 f. modify conveyor system e 4 g. train personnel e
Discuss the pros and cons of the checklist versus the weighted factor method of selecting projects.
You are managing an e-mail consolidation and upgrade for your organization, and you're focusing on the implementing the process of control schedule and control cost. You must state your case and supporting evidence for the need of implementing the process of control schedule and control cost to your stakeholders. Prepare a prese
1. What is a WBS? Describe it's purpose. Discuss the benefits of using it. 2. What is a Gantt chart? What is the Critical Path and how is it used? 3. Create a simple task schedule network (MS Project is not required but preferred). (Minimum of 15 tasks.) The content is up to you. Minimum requirements are as fol