2/1/2013 12MCOM03: Project Management SESSION – 6 & 7 j ‚ y Project: Time‚ Cost & Quality Estimating Projects • Estimating – The process of forecasting or approximating the time and cost of completing project deliverables. – The task of balancing the expectations of stakeholders and the need for control while the project is implemented • Types of Estimates – Top-down (macro) estimates: analogy‚ group consensus‚ or mathematical relationships – Bottom-up (micro) estimates: estimates of
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have served in the military to get me where I am today and for me to progress‚ I will need to branch out and expand my knowledge. The only way to expand my knowledge base is to continue my education here. I have completed extensive research into your programs and found this is the career path I would enjoy pursuing. The great thing about this program is there are other programs that can be added on to further my career. One of the great things about this college is that it will allow me to complete
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CLOTHING STORE PROJECT PLAN R.E.A.L. Girlz Clothing Store Project Plan Nikita S. Carter DeVry University Professor Jorge Tenoria November 2012 Table of Contents Pages 1. Executive Summary 3 2. Scope Statement 4 a. Goal Definition……………………………………………………………………..4 b. Goals that address the mission……………………………………………………..4 c. Goals that address self-sustainment………………………………………………...5 d. Objective definition………………………………………………………………...5 e. Project Objectives…………………………………………………………………
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create a unique product‚ service‚ or result. a) b) c) d) Program Process Project Portfolio 2. Which of the following is not a potential advantage of using good project management? a) b) c) d) Shorter development times Higher worker morale Lower cost of capital Higher profit margins 3. Which of the following is not an attribute of a project? a) b) c) d) Projects are unique Projects are developed using progressive elaboration Projects have a primary customer or sponsor Projects involve little uncertainty
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Restaurant for Fried Ice Cream Table of Contents * Project Overview * Risk Management *Project and reasons for considering it a project * Equipment & labor needed * Statement of Work *Activity objectives *Work Breakdown Structure * Sequence CPM * Management & Resource Management *GANTT diagram * Revenues & Expenses Budget *Network Diagram *RAM Diagram * Conclusion & Recommendations Reasons for considering it a project: *It has a specific Start and End date (from June
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What is a Project Manager? 1.What skills does he/she require to become a good project manager? A project manager is an inventive problem-solver‚ team-builder and steady leader in the organization. Project Manager should have technical as well as management skills. Project Manager is responsible for the administration of the contract within the agreed terms and conditions. He has overall responsibility for completion within time and budget. A single point of contact for formal communication between
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Project Management The film project “The man who killed Don Quixote” Project Management‚ University of Bristol‚ The film project “The man who killed Don Quixote” __________________________________________________________________________________ “The man who killed Don Quixote” was going to be one of Terry Gilliam’s most successful film’s ever‚ despite the fact that financial and organisational difficulties came to light long before the actual production. Famous actors starring in
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Chapter 1 Review Question 1. Define a project. What are five characteristics that help differentiate projects from other function carried out in the daily operations of the organization? A project is a temporary endeavor undertaken to create a unique product‚ service‚ or result. Five characteristics: 1. An established objective. 2. A defined life span with a beginning and an end. 3. Usually‚ the involvement of several department and professionals. 4. Typically‚ doing something that has never
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#3 1. If I were in Lauren’s shoes‚ I would make sure it’s clear to the strategic management group that my estimate – a more detail/micro estimate – came in well over their initial macro estimate. That being said‚ I would also provide upper management with the ideas (outsourcing‚ change scope‚ cancel project..) developed with stakeholders in the brainstorming meeting. Simply moving forward with the project after finding such a large gap in estimates would be a terrible idea that would most likely
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MANAGEMENT THEORY AND APPLICATION Today‚ we are the sales Manager of Samsung in Shanghai‚ we need to buy new cars for our 10 sales representative. Car now society has become more and can not be missing transportation. For our sales representatives provide cars is a very good idea. First‚ they often need to do the door-to-door after-sales service in order to ensure the quality of our service. Then combined with new customers come to do the analysis‚ and product recommended. We believe
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