PROJECT INTEGRATION MANAGEMENT Project managers coordinate all of the other knowledge areas throughout projects life cycle. Many new project managers have trouble looking at the “big picture” and want to focus on too many details. Project integration management is not the same thing as software integration. PROJECT INTEGRATION MANAGEMENT PROCESSES Develop the project charter Develop the preliminary project scope statement Develop the project management plan Direct and manage project execution
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Project Management Project on ‘Launching an Asian Radio Station’ Faculty of Professional Studies Table of contents Page 1. Introduction 3 2. Critical Review using PM
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Feasibility assessment A. Economic Analysis- No specific numbers are given to estimate NPV‚ ROI and BEA so far. The only assessment can be made now is that according to marginal analysis‚ one time of creating a system will need a huge investment‚ and it may take quite a few years to break even. B. Technical Analysis- It’s based on how professional and talented the people in project team are. Since BBS is more like a consulting firm‚ the team members may be relatively less professional for building
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return expected to be received from alternate investments forgone. NPV – Present value of cash flows less the cost of acquiring the asset acquire assets with positive NPV‚ positive NPV = good project Rate of Return = profit/cost or investment (good investments have higher rate of return than opportunity cost) Higher discount rate ( lower discount factor (lower NPV Investment Decision Rules: 1. accept if positive NPV 2. accept w rate of return > opp cost or hurdle rule PV = C1*
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YOU MIGHT FIND USEFUL. THEY ARE NOT COPY PROTECTED. FEEL FREE TO MODIFY THEM TO YOUR OWN NEEDS. Corporate Finance Spreadsheets 1. capbudg.xls: This program allows you to do a basic capital budgeting analysis for a project‚ and compute NPV‚ IRR and ROI. (For Macintosh version) 2. risk.xls: This program allows you to use past returns on a stock and a market index to analyse its price performance (Jensen’s Alpha)‚ its sensitivity to market movements (Beta) and the proportion of its risk
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creation: time is money. Analysis: One agrees with Buffett on this philosophy. This philosophy is the positive Net Present Value(NPV) rule in finance. NPV of an asset or investment is the present value of its cash flows less the cost of acquiring the asset. Smart investors will only acquire assets that have positive NPVs and will attempt to maximize the NPV of their investments. The rate of return received from an
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China is so much cheaper than the production in Temecula (shown in the last page). Comparing the NPVs of operation cost in 10 years‚ the supply from China is approximately 25% cheaper than own production in the US. The cheap labor (half of at Temecula)‚ electricity (1/3)‚ and overhead (1/3) costs exceed the freight cost and remaining lease of Temecula facility‚ and suppliers margin. The 25% difference of NPVs between the two options seems to cover the risks of environmental changes (cost increase: labor
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A _______________ is a temporary endeavor undertaken to create a unique product‚ service‚ or result. Student Response Value A. program B. process C. project 100% D. portfolio Score: 2/2 Which of the following is not an attribute of a project? Student Response Value A. projects are unique B. projects are developed using progressive elaboration C. projects have a primary customer or sponsor D. projects involve no uncertainty 100% Score: 2/2 Which of
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alternatives exist for organizations to make their capital budgeting (CB) decisions or the alternative projects can be ranked in line with the benefits arrived in terms of profitability and the revenue generated. (Gitman‚ 2008). Net present value (NPV)‚ internal rate of return (IRR)‚ accounting rate of return (ARR) and PBK are generally described as the most commonly used CBTs. The two former techniques are based on the cash-flow concept and are usually categorized as sophisticated techniques. Bierman
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Week 1 Deshpande‚ Rohit (2014). Customer Centricity‚ HBS 8171‚ Boston‚ MA: Harvard Business School. 1. a. b. c. d. e. 2. 3. 4. Select a company from the list provided below. Amazon Apple Google Trader Joe’s Starbucks Offer suggestions for how the company might become more customer centric based on the key customer-centric characteristics of successful companies‚ found on page 3 of the reading. Identify company and situational factors that may help get your ideas adopted‚ and factors that may hinder
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