152.252 Assignment 1 Project Management Kerry Pilcher 10114098 TO: Director and Research Associates of Te Au Rangahau FROM: Kerry Pilcher Project Analyst DATE: 20/03/2013 SUBJECT: Investment Portfolio Analysis The basic goal of project portfolio management is to select the projects and programmes out of a set of necessary and available projects within the organization whose realization helps achieve the strategic organizational goals‚ taking into account the available resources
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negative by their nature‚ a person’s motivation must also be considered. Importance of Project Managers Adhering to a “Code of Ethics” A project manager may be faced with many decisions in which he or she must choose the right course of action. A project manager’s ethics should provide a strong guide for these decisions. Ethics should also assist the project manager with interpersonal communication. The project manager will promote a positive work atmosphere by having honesty and being respectful
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scenario from Chapter 10 of the MGT/521 Management text book. Scenario Ricky Lee is the manager of the contracts group of a large regional office supply distributor. His boss‚ Anne Zumwalt‚ has asked him to prepare by the end of the month the department’s new procedures manual that will outline the steps followed in negotiating contracts with office products manufacturers who supply the organization’s products. Because Ricky has another major project he’s working on‚ he went to Anne and
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managers‚ donors‚ participants and citizens‚ then the work must be honest‚ objective and fair. Data must be collected accurately and reporting done truthfully”. Monitoring and evaluation serves as an essential tool for ensuring sound management within the lifetime of projects or policies. There are certain activities that must be done to put into consideration the cost‚ time‚ feasibility and useful means in relation to identifying the maximum amount of information needed to meet the need of monitoring
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BMM 4022 PROJECT MANAGEMENT PROJECT REPORT SCREW PUMP MANUFACTURING RA METAL SDN . BHD. PERAMU FOUNDRY PEKAN NAME : DHILIP RAJA NAIDU A/L MURUGAYAH ID : MC11055 INTRODUCTION RA Metal Sdn. Bhd is a subsidiary company of Metallic Corporation‚ Malaysia under the Fluid Machinery and System Group. Incorporated in January 2001‚ RA Metal is responsible for the manufacturing pumps and related equipment in Malaysia. RA Metals seeks to provide our customers with quality and technological
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The Scopes Trial In the year 1859‚ Charles Darwin published his book On the Origin of Species by Means of Natural Selection‚ or the Preservation of Favored Races in the Struggle for Life. In this book‚ Charles Darwin explains that species need to evolve and adapt in order to survive. Natural selection is the process in which over time certain species and/or characteristic of certain species‚ will evolve and flourish while others will not. Darwin outlines the scientific theory of evolution;
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successfully achieve goals and become competitive. The aim of this report is to prepare a business plan for a business. Some parts will be analysed in detail below which include a description of the business‚ sales and marketing strategy and risk management plan. A famous interior designer‚ Mark‚ owns Master Furniture (MF) which is located countryside in Melbourne. The major function of MF is providing customized furniture. There are three options provided to customers by MF: buying the existing furniture
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is an advantage of centralized contracting? 1. Gives easier access to contracting expertise 2. Increases company expertise in contracting 3. Gives more loyalty to the project 4. Allows a contracts person to work on a single project Answer B 2 Risks will be identified during which risk management process(es)? 1. Quantitative risk analysis and risk identification 2. Risk identification and risk monitoring and control 3. Qualitative risk analysis and risk monitoring
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Project Management C11PA 3 hours Answer All of Section A and 2 Questions from Section B Section A – Answer all of this section Question 1 a) From the following logic table draw a fully analysed (AON) network diagram for the activities listed below and calculate the normal duration for this project and identify the critical path(s). (8 marks) Activity Dependence Normal Crash Normal Crash Duration Duration Cost £ Cost in days in days £ A 3 3 3000 3000 B A 7 3 3000 7000 C B
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analysis of three projects: Juniper‚ Palomino and Stargazer. The risk levels in Juniper‚ Palomino‚ and Stargazer are low‚ medium‚ and high respectively. It is in the best interest of Piper Industries Corporation to move forward with the Stargazer project. Stargazer is selected due to its feasibility and risk level. From market feasibility study‚ some strategic customers have already indicated interest in the product. Therefore‚ I would recommend that the board invest in the project‚ Stargazer;
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