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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2012104045 PROJECT METHODOLOGY I. Summary Project methodology is a project or study that could help manage the works of people and develop the creativity and imagination of the children. It is like a list of step by step process in every work‚ consisting of designs and plans that could help in making the project or work executable or manageable. Every details of the project are listed starting from the beginning up to until the end of the project. II. Opinion In my opinion‚ having a project methodology
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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 4. Which of the following
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Ivailo.peev@abv.bg PM 401 – Project management Aris Zogopoulos Final Exam March 5‚ 2012 1. Determine bread-and-butter‚ pearls‚ oysters and white elephants projects. (15%) Developing project portfolio matrix is the most important part of creating a project. Fours quadrants determine the matrix - Bread-and-butter‚ pearls‚ oysters and white elephants. Bread-and-butters project means evolutionary improvements to current products and service and it is low risk project with law reward. Pearls
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Chapter 7 – Discussion Questions – 1‚4‚6‚7 page 284 1. Discuss why many information technology professionals may overlook project cost management and how this might affect completing projects within budget. Information technology professionals do not understand basic accounting and finance principles to be able to do a net present value analysis return on investment and payback analysis. It should also be considered that new technologies or software development expenses are very inaccurate
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Manhattan Project In 1938‚ German scientists discovered the process of nuclear fission‚ splitting atoms‚ by using neutrons to barrage uranium. Copying and enhancing the experiment‚ many scientists traveled to and from one another‚ trading theories and ideas about their research. Then everything changed when Fascism and Nazism took over and began corrupting many parts of Europe‚ thus‚ World War II began. Many of the nations that were even remotely involved began looking for ways to win the war whether
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| | | Content 1- Project Timeline 2- Scope of Work and Responsibilities 3- Professional Fees 4- Workflow Process 5- Terms of Services 6- Supplements 1- Project and Timeline 1. Event details Proposed event : Safety Fair Exhibition Organizers : Maldives Police Service Date / Time
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DRAINAGE” PROJECT PROPOSAL I. Title: “Recovering of Drainage” II. Duration: 3 months III. Scope: Within the vicinity of the barangay IV. Status: This project is new and must be reviewed thoroughly within the council of the barangay and the local government unit. V. Beneficiary: All the constituents will benefit the said project. It will help the barangay in experiencing floods not only cater the amount of waste carried on the drainages. So this project proposal
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Faculty of Business and Law SIM335 Managing Projects Level: 3Module: SIM335 Managing Projects Assignment code: SIM335Contribution to the module assessment: 100% This is an individual assignment-please complete both tasks 1 and 2 Both tasks relate to the units in the module guide and the attached case study. It is advised that you read the case study thoroughly before attempting the tasks. Task 1 (40% marks) 600 words (+/- 10%) each short answer question requires a response in a few sentences
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Trophy Project The ill-fated Trophy Project was in trouble right from the start. Reichart‚ who had been an assistant project manager‚ was involved with the project from its conception. When the Trophy Project was accepted by the company‚ Reichart was assigned as the project manager. The program schedules started to slip from day one‚ and expenditures were excessive. Reichart found that the functional managers were charging direct labor time to his project but working on their own “pet” projects. When
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