#3 1. If I were in Lauren’s shoes‚ I would make sure it’s clear to the strategic management group that my estimate – a more detail/micro estimate – came in well over their initial macro estimate. That being said‚ I would also provide upper management with the ideas (outsourcing‚ change scope‚ cancel project..) developed with stakeholders in the brainstorming meeting. Simply moving forward with the project after finding such a large gap in estimates would be a terrible idea that would most likely
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a formal project plan for the two-year ATMP effort. Contracts at that time did not require that a risk management plan be developed. A meeting was held with the project manager of R& D to assess the risks in the ATMP effort. PM:“I’m in the process of developing the project plan. Should I also develop a risk management plan as part of the project plan?” Sponsor:“Absolutely not! Most new weapon systems requirements are established by military personnel who have no sense of reality about what it takes
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Final Project Report Prepared by: Ayeen Muhammad khan Raja Muhammad Usman Hussnain Submitted To: Mohsin Zeb IQRA UNIVERSTY ISLAMABAD CAMPUS (IUIC) ACKNOWLEDGEMENT
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Virginia Hampton BUSN 5440 Hershey’s Project 6. Historical Stock Price Over the past 4 years‚ the Hershey Company’s stock has steadily risen from the high 30s to today’s price $89.25 per share. Why is Hershey enjoying such growth in a prolonged recession? ---- Insert 5-yr chart here ----- Hershey as a company is over 100 years old. They have had bad times and good but have managed to keep a cool head in difficult situations. This has resulted in building a solid brand based on the
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Unit /Module | Project Management | Assessment | Individual Assignment | Lecturer | Bandujeewa Samaranayake | Student Name | | ID | Date Handed Over | | Date Due | | Initial Submission Date | 15/03/2012 | Re-Submission Date | | Students to tick if attempted | Grading Opportunities | Criteria Met ? | Assessor Feedback | | | Initially | On Re- Submission | | | P1 | | | | | P2 | | | | | P3 | | | | | P4 | | | | | M1 | | | | | M2 | | | |
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Project Termination 1 Project Termination Types of terminations How and why projects terminate Typical termination activities Need for a project history 2 All Things Come to an End ... Termination – impact on technical success – Impact on other areas – Plan and execute termination with care 3 When Do Projects Terminate? Upon successful completion‚ – or . . . When the organization is no longer willing to invest 4 Most Common Reasons Projects Terminate
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Assignment 2 1. The 7 benefits in importance for reducing user resistance to IT-based change: 1. Cast a vision for shared project objectives that will attract‚ inspire‚ and motivate the project team – a PM that can inspire the project team‚ can help users understand the purpose and usefulness of IT-based changes 2. Communicate more effectively – a PM needs to be able to transmit the ideas clearly and effectively 3. Leverage emotional information to make better decisions – emotional information
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TYPES OF PROJECT CONSTRAINTS Project constraints delay the start of project activities. Three project constraint need to be considered in scheduling. 1. Technological or Logical Constraints: These constraints show the sequence in which project activities must occur. A project network framing a house might how three activities i-e (1) pour foundation‚ (2) build frame‚ (3) cover roof. All of thee three activities are in sequence because each activity depend on previous one. We can say that
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Any project must be well planned especially if a number of people and activities will be involved. It is the task of the project management to ensure that various tasks required in the project are completed in time. Operational researchers developed a method of scheduling complex projects shortly after the Second World War. This scheduling is called network analysis and is usually known as Critical Path Analysis (CPA). While Program Evaluation Review Technique (PERT) will analyze the involved
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What is a Project Manager? 1.What skills does he/she require to become a good project manager? A project manager is an inventive problem-solver‚ team-builder and steady leader in the organization. Project Manager should have technical as well as management skills. Project Manager is responsible for the administration of the contract within the agreed terms and conditions. He has overall responsibility for completion within time and budget. A single point of contact for formal communication between
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