6/22/12 Fundamentals of Project Management‚ 4th Edition Simple Solutions for Busy People By Joseph Heagney (A Book review by R. Max Wideman‚ FPMI) The views expressed in this article are strictly those of Max Wideman. Published here July‚ 2012 Introduction Every now and again it is nice‚ even comforting‚ to read a book on the basics or fundamentals of project management. Here is a book that does just that. It is a simple compendium of all the things that every project manager should know —
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FIRE TRIANGLE In order to understand how fire extinguishers work‚ you first need to know a little bit about fire. Four things that must be present at the same time in order to produce a fire : * Enough oxygen to sustain combustion. * Enough heat to raise the material to its ignition temperature. * Some sort of fuel or combustible material. * The chemical‚ exothermic reaction that is fire. Take a look at the following diagram called the “Fire Triangle”. Oxygen‚ heat‚ and fuel
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4-1 Give some examples of each of the three “occasions for decision” cited by Chester Barnard. Explain in your own words why Barnard thought the third category was most important. 1) Required by superior authority 2) Requested by subordinates 3) Self-initiated The third category is the most important because it gives the executive the opportunity to demonstrate his or her initiative and self motivation. They have the ability to make a difference through decisions that were not required
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KENYA METHODIST UNIVERSITY END OF 1st TRIMESTER 2012 EXAMINATIONS SCHOOL : BUSINESS AND ECONOMICS DEPARTMENT : ACCOUNTING & FINANCE UNIT CODE : ACCT 219 UNIT TITLE : COST ACCOUNTING TIME : 2 HOURS Instructions: Answer Question ONE and any other THREE Questions. Question One (Compulsory) 30 Marks (a) A business firm which is engaged in manufacturing should adequately control materials used in the production process from the point of procurement
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The Bermuda Triangle The Legend In the past 100 years‚ the Bermuda Triangle has claimed over 1000 lives. In reality‚ that is only 10 a year. Though these lives lost are tragedies‚ this is not that incredible of a figure. It is how they died that has sparked many legends. The first legends of the Bermuda Triangle begin already with Christopher Columbus. As a captain‚ he was greatly respected‚ and his brave sailing efforts helped revolutionize the world. Much of the information we have about Columbus
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Project 3 - Project Plan The purpose of this document is to provide an analysis on the case study presented to us in this Project‚ and outline the deliverables that are required. Project Title Team Name Team Members Hsiang-Han Chao Kerry Lau Omear Saeed Qiao Zhou Ting Chan Yihang Deng Supervisor Lars Moller International Capital‚ Inc. - Part A Group 30 Table of Contents Scope ...................................................................................................................
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Prior to the onset of modern project management‚ the success criteria of a project lay solely on the technical success‚ or scope of the resulting product or service. Today‚ adherence to budget and schedule form a triangle of success factors alongside scope‚ with client satisfaction also developing as a key determinant of project success (Kerzner‚ 2004). However‚ the delivery of project scope will always take precedence over all other project factors‚ because if a project fails to deliver on its original
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NAME: Chibuzor Ogbu MAT NO: 030503042 COURSE: MIT 805 1. Justify by citing examples the use of Truman’s triangle in classifying technology across generations Truman’s triangle is a relationship triangle developed by Truman Reynolds that attempts to compare three attributes of a network‚ object or service. The principle behind the triangle expresses the facts that when three attributes are to be evaluated‚ the first two (randomly chosen) attributes will always disagree or not favor the last attribute
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3. Business Case. 4. Technical Plan. 5. Project Management Method. 6. Strategic Project Management Techniques. 7. Quality Control. 8. Project Monitoring and Controlling. 9. Risk Management. 10. Project Costing and Budgeting. 11. Project Closure. 12. References. Company Profile T&T Co. is a Cochin-based private construction and Architecture Company‚ established in 1995 mainly undertaking projects concerning building and bridge constructions. The company
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But during this time‚ reality hit and the world discovered the hidden truth of manufacturers. So many things were taking place during this time‚ from workers being mistreated and overused to the low pay rate that many people had to deal with. The Triangle Shirtwaist Factory fire was an event that held relevance in American history. On March‚ 25‚ 1911 at approximately 4:40 PM a fire broke out in the company’s factory in New York City which was the deadliest industrial disaster. 147 workers died in
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