Note that the terminology of "linear responsibility matrix" is not typical. Typically, we will use the "RAM" meaning the responsibility assignment matrix. You may also see it written as the responsibility allocation matrix. Regardless of the terminology, what value do you see in this document?
You are the general manager of a large construction project. The contract has both financial incentives for finishing on time or early as well as large penalties if the project is completed late. To get the project done on time or early that project planning using a formal timeline is essential. You ask the project manager to ad
Summarize the theorists' arguments concerning the practical institutional theories of (1) functional, (2) product, and (3) matrix forms of organization. Produce a graph of each of these forms of organization.
The ProBuilder Company is considering the introduction of a new product line which will require the construction of a new plant and equipment, estimated to cost $8,000,000 plus $600,000 for shipping and installation. Depreciation will be the straight line method to zero over 10 years. ProBuilder acquired the land on which the p
What are the advantages and disadvantages of reducing project scope to accelerate a project? What can be done to reduce the disadvantages?
1. Why are progress reports an integral part of project communications? What should they include? How are they different from a final report? How and why do they improve a project? 2. Provide your thoughts on what the purpose of a problem solving meeting is and how would one be conducted?
Various costs associated with the operation of factories are given below. Classify each cost as either variable or fixed with respect to the number of units produced and sold. Also indicate whether each cost would typically be treated as a direct cost or an indirect cost with respect to units of product. List each numbered it
Rocky Mount Metals Company manufactures an assortment of wood-burning stoves. The average selling price for the various units is $500. The associated variable cost is $350 per unit. Fixed costs for the firm average $180,000 annually. a. What is the break-even point in units for the company? b. What is the dollar sales volume the firm must achieve to reach the break-even point? c. What is the degree of operating leverage for a production and sales level of 5,000 units for the firm? (Calculate to three decimal places.) d. What will be the projected effect on earnings before interest and taxes if the firm's sales level should increase by 20 percent from the volume noted in part c?
Rocky Mount Metals Company manufactures an assortment of wood-burning stoves. The average selling price for the various units is $500. The associated variable cost is $350 per unit. Fixed costs for the firm average $180,000 annually. a. What is the break-even point in units for the company? b. What is the dollar sales volu
If a project is poorly designed and constructed, will a well-planned and well-executed implementation effort help the project to succeed? Will a well-designed and well-constructed system overcome a poor implementation effort? Can you give an example of a project, system, or product that has overcome design or implementation prob
The class is Organizational Behavior Principles. Subject: Groups in Organizations. Scenario: You are getting ready for your first project staff team meeting. The first charge to this group from the Directors is to come up with a plan for the opening of the new plant. Your group will be working on; how to advertise openings f
What is project financing? What are its advantages and disadvantages?MBA level
Project planning: While the project plan not only varies from project to project but also organization to organization. there are some commonalities that must be there in all projects and organizations such as Overview; Objectives; General Approach; Contractual approach; Schedules; Resources; Personnel; Evaluation Methods and Potential Problem. Once the basic plan is finalized after developing completely and approved it is produced in a charter form and distributed to all the parties having interest in the project.
Before we go into the merits of different approaches we will view the following stages though which every project goes through. A) Project Formation: 1) Priorities 2) Procedures and 3) Schedules; B) Buildup Phase: 1) Priorities 2) Schedules and Procedures; C) Main Program: 1) Schedules 2) Technical and 3) Labor;
Prepare a paper that analyzes an IT work-related project or fictitious project using systems analysis for a selected business system at the department or division level. Include information-gathering techniques and design methods used in the project. Analyze and evaluate what made the project a success or a failure. Must be AP
Project Outline: Title - Cross Cultural Management Description of the project Specific topics for research, in bullet form Possible sources Your reasons for undertaking this project
Use the following project scope statement: Riordan Manufacturing is a plastics injection molding manufacturer pursuing a Go Green project with the intent of achieving International Organization for Standardizations 14001 certification. Riordan's main objective is to improve the sustainability of its products and processes. A
What is the relationship of use-case modeling to project management? Why is this important?
Your company is considering two mutually exclusive projects A and B. The expected return and standard deviation of project is A 20% and 15%, respectively. The expected return and standard deviation of project B is 25% and 20%, respectively. The risk-free rate is 8%. a) What is the reward to risk ratio for project A? b
Discuss the benefits to the project lifecycle by commencing the planning proccess at the concept and design stages of a construction project. Here I want you to explain the types of schedules used at each stage of the project lifecycle.
Hi there! I need a clear explanation of the difference between Float and Risk contingency. Any help will be appreciated. Many thanks :)
A new asset with a 3-year tax life is to be used in a 5-year project. The asset cost $200,000 and will be depreciated based on MACRS. The machine will generate revenues of $100,000 a year and operating expenses, excluding depreciation, is $40,000 a year. The asset is expected to be sold for $20,000 at the end of the project. Ass
How would you crash a project (which activities would you crash) to keep the project on schedule and achieve the original duration, if Activity B actually takes 5 weeks instead of the planned 3 weeks? (Explain your logic)? Activity Description Predecessor Normal Time (weeks) Normal Cost Crash Time (weeks) Crash Cost A Fina
How can a project manager influence customer expectations and perceptions? What is the difference between functional and dysfunctional conflict on a project?
Need assistance with the following short essay that I am required to write 200-300 words in APA format. Discuss the pros and cons of the checklist versus the weighted factor method of selecting projects.
What are the advantages and disadvantages of micromanagement? What are the advantages and disadvantages of a emphasizing relationships over accomplishment of specific project goals? What middle course should a project manager steer in managing his project team? When should a project manager step in and when should a project mana
Consider a situation in which the project manager (a generalist) is asked to provide an evaluation of a functional employee (a specialist). Can the project manager effectively evaluate the functional employee on technical performance? If not, then on what information can the project manager base his evaluation?
Draw a project network from the following information: Activity Predecessor Duration a none 2 b a 4 c a 3 d a 2 e b 3 f c 6 g c d
Interview a manager in an organization. Write a report which outlines the answers your manager provided to the questions listed below. Include a summary paragraph providing an analysis of your interview experience and how the answers related to your learning objectives for this week. In your opinion, what are the most im
In a 1 to 2 page paper and accompanying Excel Spreadsheet, address the following areas: • Discuss and show the cost associated with starting your company and show a pricing model for your product or service. • Include a balance sheet for three years show funding resources, and then describe how you pla
Identify three potential political games that health professionals may pursue in health organizations. Discuss motivations of why the games may be pursued. Identify potential negative impacts on the organization.
Following is a current balance sheet for a local partnership of doctors: Cash and current assets $30,000 Land...............................................................180,000 Building and Equipment (net).................100,000 Totals..........................................................