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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Leadership & Change Management ASSIGNMENT Question 2 Transactional leadership is that leaders engage in a bargaining relationship with their followers. Transformational leadership is developing employees in accepting the organization’s mission. Discuss. Answers: Transactional leadership Transactional leadership styles are more concerned with maintaining the normal flow of operations. Transactional leadership can be described as "keeping the ship afloat." Transactional leaders use disciplinary
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Project ManagementTop Down/Bottom Up methods Consensus methods Snr/middle managers’ guess total project time & cost Discussing/arguing to reach a decision on best guestimates Firms seeking greater precision: Delphi Method: Group decision process of chance of certain events occurring Exp. familiar with project use insight/exp. guessing project costs/times Ratio methods Macro methods use ratios to guess time & cost E.g. contractors using no. of sq. ft. to guess cost/time to build
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approach discussion (not mutually exclusive): The view of majority is right. But not always (can be wrong). View of majority is usually right. But in limited circumstances‚ wrong. View of majority is right. But actually very limited. More likely to go wrong. Or as in this essay‚ no emphasis on the extent of right or wrong of the majority view. Simple evaluation of the proposition itself. The view of majority is right for certain reasons. But it is not necessarily the view of majority itself that
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of the likely cost of the resources that will be required to complete all of the work of the project High level formulas are good for selecting a project but not for managing one. First step on budgeting: cost estimate is allocated to packages Second Step: budget of every package is distributed over the duration of the work project TBC: Total Budgeted Cost Analogous estimate: uses previous projects to predict the cost Parametric estimate: model is built using parameters to predict costs CBC:
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taking photographs. Moreover‚ there are various kinds of food stalls including restaurants. Thus Green Garden is a high quality park which provides various functions for different kinds of people. As the Managing Director of Green Garden‚ I have to take the responsibility to meet the vision‚ mission and organizational goals. Vision To be the ideal recreation square where the youths with different tastes and different feelings round up Mission We offer you a hygienic‚ specious‚ cosy and healthy
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of activities and the total float4 The project duration and the critical path..................................................................................................................................................................5 The earliest date the project can be completed given the starting date - Monday 7th May 2012..........................................................................5 The effect on the duration of the whole project if:.....................................
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Notes: 1 Can managers be trained to become leaders? Discuss with reference to theories of leadership. 2 Comments: no description or definition‚ do not focus on the analysis of theories and concepts‚ be critical and give your own perspective‚ put the situation at the beginning (hit the reader)‚ 3 Use your experience: you managers + and – and use your findings and deviate them to your own ( what you would do if you were the manager just like them and what are the aspects that demotivated you that
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communication media they might have so that you can choose the best media to communicate. And to overcome noisy environment barrier we need to hold the meeting in the meeting room if it is face-to-face communication‚ while talking on the phone we can go to a less noisy place and communicate. Understanding methods of communication 3. List two methods of communication that you could use with your team and state when it would be appropriate to
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What is the closed-form expression for the below sum of Geometric Progression (GP) sequence‚ S n ? S n a aR aR 2 ... aR n (1) where R is called the common ratio (between consecutive terms) of the GP sequence. The reason why we want to derive a closed-form expression for S n is for the sake of calculating the summation‚ or otherwise we need to add all terms one-by-one together‚ which does not make a sense if the number of terms is huge‚ say a million terms! Most importantly
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