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Project Management

Project Management Questions: Types of Conflicts

1. How does the type of project organization affect each of the types of conflicts that occur over the project life cycle? 2. Which project organization would have the most difficult conflicts? Why? 3. How would a project charter benefit a project manager? Four project types are discussed. 426 words in total.

Re-Evaluating a Project from a Finance Perspective

3. Over the last 2 years, your firm spent $3M on research and development for a new product or service. You have been asked to re-evaluate the project from a finance perspective. Do you include the $3M? Explain.

Project Management Work Breakdown Structure

As stated earlier the Work Breakdown Structure (WBS) is one of the most important tools in Project Management. Understanding the project at a detailed level is the key to developing a roadmap to success. Remember that, by definition, projects in general are unique, complex, multi dimensional undertakings which require a variet

Project accept/reject cashflow

A project has annual cash flows (including the initial year) of -160,000, 70,000, 55,000, 70,000, 60,000, and 45,000, and a discount rate of 11%. The company should: a. Accept the project because it will increase shareholder wealth. b. Reject the project because it will reduce shareholder wealth. c. Reject the pr

Types of Project Portfolios

Name and describe the 3 types (or divisions) of project portfolios (from the organization's view). Provide an example of each. 291 words, one reference

Project Management - Statement of Work

Concept Project title: Trump/Lopez Wedding The purpose of this project is: To plan an elegant wedding for Donald Trump and Sandra Lopez, including invitation selection, cake, organization during wedding, location of reception and food, photos, music, and honeymoon. It will cost: $1 million It will be completed by:

Cost budgeting and preparing a cost estimate

Many companies use software to factor in cost and profit for each project, explain what software and technique you would use to manage your budget and expenses, consider payroll as well. -Discuss different types of cost estimates and methods for preparing them. -Understand the processes involved in cost budgeting and pre

Project feasibility factors

List and discuss the different types of project feasibility factors. Is any factor most important? Why or why not?

Project Management: Technology-Based Corporation

You are the supervisor for a large technology-based corporation. One of your subordinate managers, Carly, is heading up a project for a new system that is scheduled to market on the 1st of the year. It is August and things are not progressing at the pace you had hoped. When you meet with Carly, all she does is complain about

Seitz Corporation: Using Risk and Project Management

See attached case study. Write an essay that fully answers the following questions. 1. From the case study above: "After quickly reviewing some of her old project management books, she discovered that the project charter was typically written by the project sponsor. Since she had already created a task list, she decided

Complete a project charter for A Family Reunion

My topic will be A Family Reunion. In the project charter it must have 1. Project purpose or justification 2. Measurable project objectives 3. High level requirements 4. High-Level risk 5. Summary milestone schedule 6. Summary budget 7. Project approval requirements (what constitutes project success, who decides the

What next text publishing projects should be selected and why?

A company has four new text publishing products that it must decide on publishing to expand its services. The firm's WACC has been 17%. The projects are of equal risk, Ã?s of 1.6. The risk-free rate is 7% and the market rate is expected to be 12%. The projects are expected to earn as follows: Project W: 14% Project X: 18%

Action should be taken as a project manager

See attached decision tree. Assume the role as a PM. Which action should be taken as a project manager and why that was chosen and why not the others. In order to avoid a federal penalty of $1 million, the administration must either retrofit or move into a compliant building within 24 months. The president thinks he can g

Project Management: Analyzing a Restaurant

Describe a work-related situation you feel could be improved, using a restaurant as the target business. Consider the following: 1.Identify the needs of the situation? 2.What is the project objective? 3.What assumptions, if any, should be made regarding the project to be undertaken? 4.Who are the main people or departments

Project Management: small business

Assume you work in a small firm that has multiple projects happening simultaneously and that the scope of work in all of the projects is similar. What are some of the problems you might run into in allocating scarce resources in a situation like this? What suggestions can you give the various project managers to coordinate acros

How do you evaluate project complexity? A study of a packing material firm

For an organization that makes packing materials, answer the following questions. How and why does that organization evaluate project complexity? What factors are typically considered? In case your organization does not evaluate project complexity, or you do not know, then assume that you are responsible for such evaluation

Quantitative Analysis: Networks, PERT, and Critical Path

1. Develop a network drawing for Hill Construction & determine the critical path. How long is the project expected to take? 2. What is the probability of finishing in 270 days? 3. If it's necessary to crash to 250 or 240 days, how would Hill do so, and at what costs? As noted in the case, assume that optimistic time estimates

Networks, PERT and Critical Path: Example Problem

Please refer to the network activity times shown in days. a) Find the critical path b) If the project is shorted by four days, show which activities, in order of reduction, would be shortened and the resulting cost.

Elements and their benefits in developing a comprehensive project scope analysis

Develop a comprehensive project scope analysis. I understand this as the conceptual development process, scope statement and statement of work that will clearly detail the projects expectation , problems , goals, objective, and aids in the projects communications with stake holders The response addresses the queries poste

Role of a Project Manager: Gap Between Geeks and Suits

Explain the role of a project manager as an interface between business and technology professionals in an organization. Discuss 5 things a PM can do to bridge the gap between the "geeks" and the "suits" in any organization. About 200 words, no references.

Quantitative Analysis: Networks

Problem 1 The following data were obtained from a project to create a new portable electronic. Activity Duration Predecessors A 3 Days --- B 4 Days --- C 6 Days --- D 2 Days A, B E 1 Days C F 3 Days D G 3 Days E, F H 7 Days D I 10 Days G Construct a network for the project. Then review a

Project Management: Value of Linear Reponsibility Matrix

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?