TYPES OF PROJECT CONSTRAINTS Project constraints delay the start of project activities. Three project constraint need to be considered in scheduling. 1. Technological or Logical Constraints: These constraints show the sequence in which project activities must occur. A project network framing a house might how three activities i-e (1) pour foundation‚ (2) build frame‚ (3) cover roof. All of thee three activities are in sequence because each activity depend on previous one. We can say that
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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 as it is hard to put a figure
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[pic] Project Management for Business (BMGMT 3203) Department : School of Business Course Name : Bachelor of Business Management Unit Controller / Examiner : Chee Wei Ming E-mail : chee.weiming@yahoo.com Individual Assignment 1 This assignment carries 20% of the total mark for Project Management for Business. It must be submitted to the course lecturer Mr. Chee Wei Ming by the 12th of December 2012. The assignment must have a cover sheet giving your name and student number‚ and
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INFORMATION TECHNOLOGY TRAINING CENTER University of the Philippines PROJECT MANAGEMENT PROJECT PLAN PROJECT SUMMARY Project title: WEB-BASED BUS TICKETING SYSTEM FOR VICTORY LINER Project description: The Web based bus ticketing with SMS applications is a system designed and developed specifically for Victory Liner Bus Corporation. It consists of two (2) major parts‚ namely: the employee page; and the customer page. The employees page is intended only for the bus company‘s
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System Build Project Management Info Systems Professor Hammett Kohl’s is a former employer of mine‚ for which I have designed a system of organization to better help them with their inventory management. The problem Kohl’s is having lies in the back overstock rooms. There are so many products stocked back there‚ it can be very tough some days to help a customer find what they are looking for. Also‚ the other problem is that the employee does not know if the product is in the back room before
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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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Trans-Atlantic Trade System refers to all of the trade done between Europe‚ Africa‚ and the Americas across the Atlantic Ocean. Sugar‚ slaves‚ and spirits fueled the entire triangular trade. Slaves were exchanged from Africa for rum‚ rum was produced as a byproduct of sugar‚ sugar was grown by slaves in the Americas‚ and Europe developed manufactured goods to aid the production of sugar. All three continents and their exports fit together to form the Trans-Atlantic Trade System. Plantation systems will be introduced
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Project Management Course IV School of Management Engineering Dept. of Production Systems and Business Economics Project Management Project Financing Instructor: Alberto De Marco Project Management Phase FEASIBILITY DESIGN PLANNING DEVELOPMENT CLOSEOUT OPERATIONS Financing&Evaluation Risk Analysis&Attitude Alberto De Marco 1 Financing Project Management Course Project Financing Context Evaluating and financing as precursor to decision d i i to proceed (feasibility
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Project Management Plan Template This document is an annotated outline for a Project Management Plan‚ adapted from the PMI Project Management Body of Knowledge (PMBOK) and IEEE Standard for Project Management Plans. The Project Management Plan is considered to be a “Best Practice” template by the ETS Enterprise Program Management Office (EPMO). The template is designed to address items for all sizes of projects. For small projects‚ it may be appropriate to omit sections. For unique projects
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Project Management Project management is the discipline of planning‚ organizing‚ securing and managing resources to bring about the successful completion of specific project goals and objectives. Some Facts! One fifth (1/5) of the world’s GDP (U.S. $12 trillion) is being spent on Projects. With projects being mandated on such large scales – a shortage of 6 million skilled project professionals is expected by 2013. It’s the only profession where the income levels continued to rise despite the
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