Chapter 9 reducing project duration Chapter Outline 1. Rationale for Reducing Project Duration 2. Options for Accelerating Project Completion A. Options When Resources Are Not Constrained i. Adding Resources ii. Outsourcing Project Work iii. Scheduling Overtime iv. Establish a Core Project Team v. Do It Twice—Fast and Correctly B. Options When Resources Are Constrained i. Fast-Tracking ii. Critical-Chain iii. Reducing Project Scope iv. Compromise Quality 3. Project Cost-Duration
Premium Project management Critical path method
night is coming‚ when no one can work” (John 9:4‚ ESV). In biblical worldview‚ many scriptures identify time and work related approaches. Project duration is an important aspect of the project. Klansek‚ U.‚ & Psunder‚ M. (2008) stated‚ “Each activity within project network is characterized by its precedence relations‚ duration‚ and resource requirements”. After doing Part 1 of the Red Zuma project‚ I realized that many factors can affect the project duration. For example‚ if the resources are overallocated
Premium Management Costs Cost
Project Management: The Managerial Process‚ 6/e Erik W. Larson & Clifford F. Gray Chapter 9 Reducing Project Duration- Multiple Choice Quiz: 1. A) Imposed project deadlines B) Time to market C) Unforeseen project delays D) High overhead E) Incentive contracts 2 CORRECT 2. Intense global competition and rapid technological advances create pressure on developing projects rapidly. This is an example of reducing project duration caused by: A) Imposed project deadlines B) Time
Premium Project management Cost Costs
DATE PAPER CODE SUBJECT/PAPER DURATION TIME(G.M.T.) Wednesday 27th P3043 French 3 (Oral) 40mins Time for paper will be arranged by August‚ 2014 the Council Friday‚ 29th P7023A Foods and Nutrition 3 (Practical Planning Session) 1hr 08.30 hrs. – 09.30 hrs. August‚2014 P7033A Home Management 3 (Practical Planning Session) 1hr 11.00 hrs. –12.00 hrs. P7073 Basketry 3 (Project Work)* 6 hours a day for P7083 Ceramics 3 (Project Work)* 5 days for each Monday
Premium Time Livestock
Chapter 9 closing case Ashford University BUS 650 Managerial Finance When should Bunyan Lumber‚ harvest the forest? The cash flow will grow at the inflation rate of 3.7%. Utilizing the real cash flow formula (1+R) =v (1+R)(1+H) 1.10 = (1+R)(1.037) R= 6.08% The conservation funds are anticipated to grow slower than the inflation rate. The return for the conservation fund will be‚ (1+R) = (1+R) (1+H) 1.10 = (1+R) (1.032) R= 6.5% The cash flow from the thinning process is as follow
Premium Net present value Free cash flow Cash flow
5 Hedging Interest-Rate Risk with Duration Before implementing any kind of hedging method against the interest-rate risk‚ we need to understand how bond prices change‚ given a change in interest rates. This is critical to successful bond management. 5.1 Basics of Interest-Rate Risk: Qualitative Insights The basics of bond price movements as a result of interest-rate changes are perhaps best summarized by the five theorems on the relationship between bond prices and yields. As an illustration
Premium Bond Bonds
Chapter 9 1. How did the Byzantine Empire maintain Roman imperial traditions in the East? It centers itself around the capital‚ Constantinople. The Byzantines continued to employ a traditional Roman style of government and law. Byzantine Emperor‚ Justinian attempted to restore the Roman Empire to its prior status by trying to recover the western portions of the Empire. 2. What led to the split between the Orthodox and the Roman Catholic Churches? Cultural differences led to the split between the
Free Byzantine Empire Roman Empire
Chapter 9 reducing project duration Review Questions 1. What are five common reasons for crashing a project? Reasons given could include: • Imposed deadline in which disfavor will be earned by not meeting superior’s deadline • Time to market competitive advantage • Realize benefits from incentive contracts • To make up for lost time and avoid contract penalties • Save extensive overhead costs • Free up resources to work on other projects • Exceed
Premium Costs Critical path method Project management
Chapter 9 Reading and Outline Questions 1. How did the Revolution affect the following aspects of American life: democracy‚ commerce‚ religion and the separation of church and state‚ slavery‚ women’s rights? 2. How were early state constitutions structured? (A hint: think about the three branches of government we have today. Were they all present in these early Constitutions? Also‚ what was the relationship of individual states to the federal government?) 3. How was the Articles of Confederation
Premium United States Constitution
Fundamentals of Multinational Finance‚ 5e (Moffett et al.) Chapter 9 Transaction Exposure Multiple Choice and True/False Questions 9.1 Types of Foreign Exchange Exposure 1) ________ exposure deals with cash flows that result from existing contractual obligations. A) Operating B) Transaction C) Translation D) Economic Answer: B Diff: 1 Topic: 9.1 Types of Foreign Exchange Exposure Skill: Recognition 5) ________ exposure is the potential for accounting-derived changes in owner ’s equity
Premium Currency Foreign exchange market United States dollar