INSE 6230– Total Quality Project Management Fall 2013‚ Instructor: Dr. Chun Wang Assignment 1 Part 1 Short Answer Questions Chapter 1 1. Why is there a new or renewed interest in the field of project management? Project management is very important for a good business because it provides the project managers to aim for the success of the project. The computer hardware‚ software and networks have radically changed the work environment. Timing is the important factor in the business
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PROJECT MANAGEMENT WHAT IS PROJECT MANAGEMENT: The word project comes from the Latin word projectum from the Latin verb proicere‚ "to throw something forwards" which in turn comes from pro-‚ which denotes something that precedes the action of the next part of the word in time (paralleling the Greek πρό) and iacere‚ "to throw". The word "project" thus actually originally meant "something that comes before anything else happens". When the English language initially adopted the word‚ it referred
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Project Scope Statement Project Name | Huntsville Plan Project | Project Number | #1001 | Project Manager | Tejendra Patel | Prioritization | High | Owner(s) | Walter Seitz | Project Description | SEITZ corporation is looking forward to build a new plant in Huntsville‚ Alabama in addition to the existing operations. This will help corporation to meet their business objectives and emerge as market leader in plastic bottles and containers used mainly in the food and dairy industries
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NPV is greater than 0‚ then the project is a go! In other words‚ it’s profitable and worth the risk. b) If the value of NPV is less than 0‚ then the project isn’t worth the risk and is a no-go. So NPV takes risk and reward into consideration‚ which is why we use it in the world of corporate finance and capital budgeting. **Example** In order for us to calculate NPV‚ let’s use the following example. Suppose we’d like to make 10% profit on a 3 year project that will initially cost us $10
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Question1 The Project Scope Management Plan manages all of the following EXCEPT: | Resource requirement updates | | | Process of Verify Scope | | | Process to develop Work Breakdown Structure | | Question2 According to PMBOK®‚ which of the following is an important output of the Define Scope Process? | Project Scope Statement | | Question3 The Project Scope will be broadly described early in the project‚ and made more explicit and detailed as the project team develops
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A PROJECT ANALYSIS ON THE DEVELOPMENT OF THE CHANNEL TUNNEL 1.0 INTRODUCTION The Channel Tunnel is one of Europe’s biggest infrastructure projects ever. The 50.45km long tunnel has fulfilled this old dream by linking Britain and the rest of Europe. The idea of a fixed link between Britain and France was first mooted by a French engineer in 1802; it connects England and France 50m below the seabed of the English Channel. It’s not just a tunnel‚ but a huge infrastructure containing massive machinery
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AGB Diploma of Project Management Welcome • Kitchen • Toilets • Evacuation • Phones • Behavior AGB Diploma of Project Management “The Customer comes first always” Customer Service Anti-Discrimination Legislation The following laws operate at a federal level and the Australian Human Rights Commission has statutory responsibilities under them: Age Discrimination Act 2004 Australian Human Rights Commission Act 1986 Disability Discrimination Act 1992 Racial Discrimination Act 1975 Sex
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PROJECT REPORT ON “CUSTOMER RELATIONSHIP MANAGEMENT WITH RELIGARE SECURITIES LTD” BY Gurvinder Singh Religare Securities Limited Summer Internship Project (Batch 2009-2011) PROJECT ON “CUSTOMER RELATIONSHIP MANAGEMENT WITH RELIGARE SECURITIES LTD” COMPANY GUIDE FACULTY GUIDE Mr. Balwinder
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PROJECT INTEGRATION MANAGEMENT Project managers coordinate all of the other knowledge areas throughout projects life cycle. Many new project managers have trouble looking at the “big picture” and want to focus on too many details. Project integration management is not the same thing as software integration. PROJECT INTEGRATION MANAGEMENT PROCESSES Develop the project charter Develop the preliminary project scope statement Develop the project management plan Direct and manage project execution
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INTRODUCTION Project management is the discipline of planning‚ organizing‚ securing‚ and managing resources to achieve specific goals. A project is a temporary endeavour with a defined beginning and end (usually time-constrained‚ and often constrained by funding or deliverables)‚ undertaken to meet unique goals and objectives‚ typically to bring about beneficial change or added value. Project Management is the skills‚ tools and management processes required to undertake a project successfully.
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