COMM 225: Production & Operations Management TOPIC: PROJECT MANAGEMENT – QUESTIONS (To be solved in class) Q1 (Ref: Q. 17-7‚ p658 of textbook): Three recent university graduates have formed a partnership and have opened an advertising firm. Their first project consists of activities listed in the following table. (a) Draw the precedence network. (b) What is the probability that the project can be completed in 24 days or less? In 21 days or less? (c) Suppose that now is the end of the seventh day
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MEMORANDUM OF AGREEMENT Between SPECIAL PURPOSE VEHICLE AND PROJECT MANAGEMENT CONSULTANT MEMORANDUM OF AGREEMENT This Memorandum of Agreement has been entered into at New Delhi on this …day of _____________ Between Paithan Mega Food Park Private Limited‚ a company incorporated in India under the Companies Act‚ 1956 and having its registered
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the overall requisite knowledge of engineering‚ economics‚ management and communication as well. Furthermore‚ studying in the international master programme where students come from everywhere gives me the opportunity to come into contact with new cultures and languages. During my bachelor studies‚ I underwent the experience of construction when I took part in the designing and developing electrical system in building of professors’ projects. After graduating‚ I chose to work in the multinational
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PISE 307 PROJECT MANAGEMENT: WHICH WAY TO GO? You are driving your car and are just about to crest upon a hill on a two lane state highway when you suddenly notice a disabled dump truck on your lane. You believe that you are going around 55 mph and believe that you will not stop in time if you merely slam on your brakes. On the right is a three foot gravel shoulder and a swallow drainage ditch. What should you do? Answer: If I am the driver I would eased off the pedal and then released
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market and 40% of Bongolan market. We have the strong willing to develop our activities in Republic of Bongola and we can provide you reliable and effective products and services. The Project Republic of Bongola has made and invitation to tender to provide monitoring and surveillance for 5 game reserves. The project implies the manufacturing of the air vehicles‚ the whole system implementation‚ and a training and maintenance program. RambFlight considers this invitation to tender as a great opportunity
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Part 3: Project Time Management As project manager‚ you are actively leading the Green Computing Research Project team in developing a schedule. You and Ben found three internal people and one new hire to fill the positions on the project team as follows: Matt was a senior technical specialist in the corporate IT department located in the building next to yours and Ben’s. He is an expert in collaboration technologies and volunteers in his community helping to organize ways for residents to dispose
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Below is a project WBS with cost apportioned by percents. If the total project cost is estimated to be $600‚000‚ what are the estimated costs for the following deliverables? a. Design? $240‚000 = 40% * $600‚000 b. Programming? $120‚000 = 20% * $600‚000 c. In-house testing? $240‚000 = 40% * $600‚000 What weaknesses are inherent in this estimating approach? a. If total cost estimate is off‚ all other costs will be off. b. The breakdown of the project in terms of its
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Federal Radar On the morning of November 14‚ Sharon Taylor‚ Space Warning Network (SPAWN) Program Manager‚ was getting ready for a private meeting with Paul Shaifer‚ President of the Federal Rader Corporation (FedRad). Mr. Shaifer had scheduled the meeting to discuss the problems that had plagued the company’s important SPAWN Program during its first year and a half. These problems‚ which included unauthorized design changes and Taylor’s inability to control the program’s cost‚ schedule‚ and technical
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SKILLS OF PROJECT MANAGEMENT AND HOW IT IS APPLIED BY PROJECT MANGERS Submitted by: Shalini Gangatharan-000652385 | PROJECT AND CONSTRUCTION MANAGEMENT | THE ROLE OF THE PROJECT MANAGER | CONTENTS 1. Introduction of project management 2 i. Issues and Background Analysis 2 ii. Who is the Project Managers 3 iii. Project team 3 2. role and key skills of project manager 4 iv. Role of Project Manager and their responsibilities 4 v. Skills in achieving
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Importance of Team Management skills for a Project Manager How can one define Team Management in the sense that it can be understood easily and clearly? What are the critical components for effective team building? Team management is simply handling your team in a way that the desired task or mission is achieved by avoiding the conflicts that might occur in the process. A good project manager has effective team management skills. He is the driving force behind the project and is responsible
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