Exam #1 Study Guide Chapter 1 1. Identify the five major characteristics of a project. a. An established objective b. A defined life span with a beginning and an end c. Usually‚ the involvement of several departments and professionals d. Typically‚ doing something that has never been done before e. Specific time‚ cost‚ and performance requirements 2. Identify and briefly describe the six factors that are increasing the demand for project management.
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IT390: Project Management- Module 4 Midterm Exam: Part II 1. What is the difference between leadership and management? How do these two terms relate to a project manager? At first glance‚ the terms leadership and management may seem synonymous and the temptation to use the terms interchangeably; however‚ there is a difference between leadership and management. Leadership is about setting a vision for a group‚ team or entire business and seeing a course for a new direction. This new
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Business Economics Project 2 Situation C INTRODUCTION: Edgar wants to review the business of opening a new gas station. He must consider the costs of operating it and the possible revenues he can obtain. This will help to arrive at profits expected. A positive expected profit will imply a thumbs up to the new venture. RELEVANT INFORMATION: The article tells us the gas prices are expected to touch a high of $4. It also states that this high price has forced consumers to squeeze non-gas
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time here. But most of all I will never forget the experience I received as an Intern Medical Assistant working with Patients. Making a difference in someone’s life just fascinates me‚ knowing that I have the power to help someone. Working at North Belt Medical Clinic as a Medical Assistant intern is one of the greatest life experience. I will not trade it in for any other work field. Becoming an assistant also supplies knowledge of the most intimate interactions of the natural processes‚ giving a
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Advanced Counselling Skills For this part of the assignment I am using examples from a 50 minute session recorded within the learning environment. I play the role of the counsellor‚ and another student plays the role of the client. In order for me to answer the learning outcomes‚ I have watched the DVD recording. 2.1 - Open the session‚ explaining the working agreement including the following:- What is on offer? Limitations Time boundaries Ethical boundaries in line with professional code
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Chapter 13 Risk Analysis and Project Evaluation 13-1. Crusik Distribution Company thinks that there are two possible outcomes for its new facial care product: Either it will be very successful‚ or customers will not appreciate its “unique appeal.” The two outcomes are equally likely‚ but the successful outcome obviously comes with higher revenues. We can picture the situation like this: 50% 40% 30% 20% 10% 0% $1‚000‚000 $5‚000‚000 Thus Crusik’s revenues will be either $1M or $5M. The expected
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Examination of Stage of Development in a Relative The person I interviewed‚ Christopher‚ is fourteen years old. He is in the eighth grade in middle school in a rural area of Tennessee. For the interview we went to a local park where we could talk in a more isolated‚ but comfortable setting. The goal of the interview was to get to know the person being interviewed better and see where they are in relation to Erikson’s Psychosocial Theory of Development and Jean Piaget’s Cognitive Theory. The interview
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Module 2 Project Supervisors play an essential role in the planning process. Supervisors have to take the goals and objectives that the upper level manager’s hand down to them‚ and figure out what is needed to achieve those organizational goals. Once the supervisors know the goals of the company‚ they can make all their decisions and priorities reflect those goals. Since the supervisor is in charge of all the responsibilities‚ goals‚ and resources for their department‚ they need to ensure that
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AbstractChange can be particularly upsetting and can cause havoc to all involved in any organization. One myth is that change is "bad". Change itself is neither good nor bad‚ only the responses and outcomes of change can be considered good or bad. Change is unavoidable and essential in any industry. Without change organizations would be left behind and lose their competitive advantages. This paper will discuss the description of a home health care company and the plan to implement a service that
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Case 2-1 Cynthia Cooper and WorldCom Cynthia Cooper details her trials and tribulations about her experiences at WorldCom in the book Extraordinary Circumstances: The Journey of a Corporate Whistleblower. The following excerpts from the book describe the actions she took to uncover the fraud at WorldCom and reactions of key players in the accounting department‚ top management‚ the audit committee and the external auditors. Cooper was first alerted to the fact that there may have been a problem
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