Project ManagementTop Down/Bottom Up methods Consensus methods Snr/middle managers’ guess total project time & cost Discussing/arguing to reach a decision on best guestimates Firms seeking greater precision: Delphi Method: Group decision process of chance of certain events occurring Exp. familiar with project use insight/exp. guessing project costs/times Ratio methods Macro methods use ratios to guess time & cost E.g. contractors using no. of sq. ft. to guess cost/time to build
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(EST) Early start Time is the earliest time the activity can begin. (LST) Late start Time is the latest time the activity can begin and still allow the project to be completed on time. (EFT) Early finish Time is the earliest time the activity can end. (LFT) Late finish Time is the latest time the activity can end and still allow the project to be completed on time Diagram A: Activity-on-the-node diagram Timing of activities in the network diagram is determined by the following calculations
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Wine industry distribution channel overview: In the wine world today‚ wine producers must understand that there are three ways that their product can get to the end consumer. First‚ the consumer may buy the wine from a retail store such as a wine boutique or online store such as Wine.com‚ both examples implying that the consumer drinks it at home or another residence. Second‚ the consumer can buy wine in at a place of consumption such as a wine bar or restaurant and drink it on the premises
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Name: Phuong Loan Dang Student ID: 2129346 Topic: Managing Environment GE Essay topic: What is Environmental Management? Rapid economic development and improper management of natural resources have caused serious environmental problems. Therefore‚ environmental management (EM) is imperative. Definitions of EM vary as it is a broad field and involvement of many specialisms. However‚ it is necessary to deeply understand “what is EM” to study‚ research and manage environment in an effective and
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of the likely cost of the resources that will be required to complete all of the work of the project High level formulas are good for selecting a project but not for managing one. First step on budgeting: cost estimate is allocated to packages Second Step: budget of every package is distributed over the duration of the work project TBC: Total Budgeted Cost Analogous estimate: uses previous projects to predict the cost Parametric estimate: model is built using parameters to predict costs CBC:
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IE 256 Term Project Applied Research Technologies‚ Inc. The business case you have describes a situation in a company called Applied Research Technologies. As a team‚ you are expected to understand the situation and present your answers to the questions below: 1. As Peter Vyas‚ how would you handle the expenditure request for the re-launch of the mini water oxidation system? 2. As Cynthia Jackson‚ would you approve the expenditure request if Vyas sent it up to you? 3. How effective has Vyas
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RICHVILLE FEASIBILITY STUDY: Virtonomics Economic Game (Gamerflot Trading Ltd): This is an online game for everyone who not only understands the laws of real life economy‚ business and finance but also enjoys playing online games‚ meeting interesting people and making useful connections. It is a versatile game that allows for the combination of logical and business gaming with real economic simulations & economic strategies hence the very high attractions with managers and other business
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PROCEDURES IN DISTRIBUTION MANAGEMENT (BA 20) Tasks to accomplish: 1. Goal Setting for Distribution Plan 2. Analysis of the existing product to be studied (including SWOT Analysis) including existing distribution channels. 3. Segmenting the Market using the Service Outputs Demanded by the end-consumers 4. Choosing the Channel Formats to be used (retailer-based channel formats must be included) 5. Identifying the Channel Members‚ their responsibilities (channel flows to be performed)
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construction projects and I.T Projects INTRODUCTION Over the past few years‚ project managers and Project management has shown tremendous growth. Project management has evolved over the past several years from an activity in an organization to a discipline in its own right. Many professional bodies exist today to represent project management as a discipline‚ Some of which include‚ PMI‚ Prince2 Foundation‚ PM Bok. According to A Guide to the Project Management
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SOLVED CASE STUDIES:- DALE EARNHARDT‚ INC. 1. Describe Teresa Earnhardt’s leadership style. What do you think the advantages and drawbacks of her style?- Answer: Teresa Earnhardt leadership depends on the situation. She was more effective leader depends on the situation of the organization. These traits are belonging to the Contingency theory. She uses her quite demeanor and strong determination and characteristics to make her organization more successful
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