Two contractors decide to enter into a joint venture on a project. What difficulties can occur if the contractors have decide on who does what work, what changes may take place if problems occur? What happens if one contractor has higher salary levels and overhead rates?
1. What are the triple constraints? What key elements are interrelated? What happens if one of the elements changes? How does it affect the other two? Explain. 2. How is conflict management critical to Project Management? What can happen during a period of conflict within a team? How does this differ from a conflict with a cu
I need help on the two questions listed below. 1) History of Project Management Describe the modern history of project management. Identify major contributors to the discipline, as well as significant events in its history. 2) Project Management Organizations List the organizations that actively promote project managemen
I need some direction with this assignment. Can you help? You will be a member of the newly-formed project staff team. This team will need to realize process gains within its first three months. You want to help, not hinder, the team's progress, so you decide to do some research upfront. You bring up your challenge at your ma
Time: Identify the completion date of the project. Budget: List out the expenses and any other resource constraints for the project. Project Performance: List the desired outputs from the project. Specify the performance criteria for the project.
Scenario: Your organization has just completed the Initiation Process for implementing an Email System Upgrade. It was identified in a recent meeting with management leaders from the Sales, Consulting and IT departments, that the current email system is causing significant business interruptions and must be updated. You have
7 slides and no more than 15 slides with in-depth speaker's notes This is a Capstone Project where you will utilize all the information we've learned thus far in the session. For this assignment you will be preparing a presentation analyzing a single example of poor decision making. The presentation is intended to be delive
1. What are the three project team structures? What are some of the elements that differentiate the team structures from one another? How is the project team structure related to the project manager's authority level? 2. What do each of the letters in the SMART acronym stand for? In your own words, describe what ea
Project Analysis McGilla Golf has decided to sell a new line of golf clubs. The clubs will sell for $500 per set and have a variable cost of $200 per set. The company has spent $122,000 for a marketing study that determined the company will sell 50,000 sets per year for seven years. The marketing study also determined that t
Briefly describe the organization that is in need of the pool. Discuss the expected benefits that are motivating the organization to commission this project.
I am trying to think of: 1. A project which requires multiple resources. 2. A project which is large enough in scope to apply the project management principles, yet limited enough in scope to be manageable.
A. What is the definition of a project? What are some of the elements that differentiate a project from maintenance work? How does a focus of a project affect the business direction and orientation? B. What is a project life cycle? How do project life cycles differ among organizations? To what degree does the structure of th
Garfield, Inc., is considering a thirteen year investment project with forecasted cash revenues of $41,000 per year and forecasted cash expenses of $30,000 per year. The initial cost of the equipment for the project is $28,000. The salvage value of the equipment is $9,000 at the end of the thirteen years of the project. The net
I am looking for a perspective based on actual team management experience. Question: Would you prefer to manage a Project team that has more or less autonomy and flexibility? Why?
Firm X projects the company's aggregate demand requirements over the next 8 months as shown in the table below. The operations manager is considering a new plan, which begins in January. Ignore any idle-time costs. We will call this Plan A. Plan A: Vary the workforce level to execute a "chase" strategy to produce only the quanti
Question 26 Throughout a project, the Cost Performance Index has decreased from 1.3 to 0.8. The cost performance on this project has: a. Improved. b. Deteriorated. c. Stayed about the same. d. There is insufficient information to answer the question. Question 27 Which of the following statements best describes the rel
When making plans, is it possible for a manager to have too much information or consider too many perspectives? In other words, does informed planning risk becoming bogged down by considering too many sourcers or stakeholders?
1. You just have been instructed to develop a schedule for introducing a new product into the marketplace. Below are the elements that must appear in your schedule. Arrange these elements into work breakdown structure (down through level 3), and then draw the arrow diagram. You may feel free to add additional topics as necess
A project has fixed costs of $1,000 per year, depreciation charges of $500 a year, revenue of $6,000 a year and variable costs equal to two-thirds of revenues. a. If sales increase by 5 percent, what will be the increase in pretax profits? b. What is the degree of operating leverage of this project? c. Confirm that the perc
1. Paul Mali (Management by Objective, New York: John Wiley, 1972, p. 12) DEFINES mbo AS A FIVE-STEP PROCESS: ? Finding the objective ? Setting the objective ? Validating the objective ? Implementing the objective ? Controlling and reporting status of the objective. How can the work breakdown structure be used to accompl
Manager Effectiveness Introduction: Extensive research and evaluation was conducted over the years to identify particular rationales or theories of leadership. The goals of the research tend to revolve around identification of the most effective traits and skills a manager should possess to be an effective leader. Tasks
What are the Project goals and Objectives for a pro shop in a football stadium. Example, fulfilling the customer's need. What am I going to provide for the consumer?
Assume you work for a medium sized manufacturing company that's has $10 million for capital projects for this year, and you work in one of the following departments (Choose only one). You're asked to provide a proposal for why the company should allocate the $10 million to your department. Here's the scenario: 1. Sales depart
1. Your company has asked you to determine the financial risks of manufacturing 6,000 units of a product rather than purchasing them from a vendor at $66.50 per unit. The production line will handle exactly 6,000 units and requires a one-time setup cost of $50,000. The production cost is $60 per unit. Your manufacturing per
New York City Development Corporation purchased a small hotel for conversion to condominium apartments. Looking for a brief write-up on how a decision support system model could be applied to solve the attached problem. Not looking for a mathmatical solution.
Use GM (General Motors) as an example, explain variable, fixed, average, marginal, and total cost of production. Explain the conditions that exist when they shutdown their operations, and the conditions that exist when they resume their operations.
There are 3 types of dependencies. 1. Mandatory dependencies: inherent in the nature of work bring performed on a project 2. Discretionary dependencies: defined by the project team. Ex, project team may not start work until key stakeholders sign off on all of the work. 3. External dependencies: involves relationships b
I am working on a case study below and having a hard time describing what each key holder's individual's responsibilities are. = Key holders = Project Manager : Alberto Gonzales (Has oversight of the entire project) Project Champion : Marcia Rodriguez (to act as buffer for all stake holders) Project Sponsor : Kurt Kev
{Act.} {Normal time} {Crash Time} {Normal Cost} {Crash Cost} {Immed. Pred.} (days) (Days) A 6 5 $900 1,000 - B 8 6 300 400 - C 4 3 500 600 - D 5 3 900
Calculate critical path and time to completion of project based upon data supplied in excel sheet. ACTIVITY SCHEDULED TIME PRECEDENCE ACTIVITY 1 Proposal and review 1 mo -- 2 Establish master schedule 2 wk 1 3 Architect selection process 1.25 mo 1 4 Survey campus and needs 1 mo 1 5 Conceptual architect plans 1