Final Project Report Prepared by: Ayeen Muhammad khan Raja Muhammad Usman Hussnain Submitted To: Mohsin Zeb IQRA UNIVERSTY ISLAMABAD CAMPUS (IUIC) ACKNOWLEDGEMENT
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Darvin De’Angelo McQueen Execution & Control With Risk August 16‚ 2011 Week 2 DQ As a project manager of a bicycle manufacturing company‚ we have five operations which are: cutting‚ forming‚ machining‚ welding‚ and the assembly. As we start manufacturings we notice some defects in our products. As a result we are going to find a way to fix the problems. There are five quality metrics and they are (Sanghera‚ 2010): * Cost performance * Schedule performance * Defect
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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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Define project management‚ resource‚ process and project cycle. Explain the life-cycle of a project. Ans:- Project management: It is an art of controlling the cost‚ time‚ manpower‚ hardware and software resources involved in a project. as “the application of knowledge‚ skills‚ tools and techniques to project activities to meet project requirements”. Project management is accomplished through the application of and integration of the project management processes of initiating‚ planning‚ executing
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Project: A case of manufacturing‚ delivery and installation of a large power transformer. 1. INTRODUCTION A project to manufacture‚ deliver and install a large power transformer is time and resource (material and labour) consuming‚ relies on services and products provided by more than one supplier‚ involves multiple expertise‚ and costs tens of millions of Rands. If a transformer fails‚ the cost of rectification can go as high as over 70% of the price of a new one. By so saying‚ risk management
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are worth 5 points each.| 1. Project Basics a. Define the word project‚ and list some key attributes. A project is defined as a temporary endeavor with a specific beginning and an end. Some key attributes of a project are; a well-defined objective‚ carrying out the project in a series of independent tasks to accomplish the goal‚ completing the project within a specific time frame and‚ meeting the needs of the customer. b. What elements should be incorporated
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Project Management Institute A Guide to the Project MAnAGeMent Body of KnowledGe (PMBOK® Guide)—Fourth Edition An American National Standard ANSI/PMI 99-001-2008 ISBN: 978-1-933890-51-7 Published by: Project Management Institute‚ Inc. 14 Campus Boulevard Newtown Square‚ Pennsylvania 19073-3299 USA. Phone: +610-356-4600 Fax: +610-356-4647 E-mail: customercare@pmi.org Internet: www.PMI.org/Marketplace ©2008 Project Management Institute‚ Inc. All rights reserved. “PMI”‚ the PMI logo‚ “PMP”‚ the
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2012 1. What is the role of a project manager? What are the suggested skills for the information technology project managers? How are the skills for IT/IS project manager different from those of other project managers? Answer – The role of the project manager is very important for the success of the project as he will be responsible for the start and end of the project. Project manager may have different job titles but it also depends on the organization and project. Project manager should
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Project Management Paper 1 Project Management Joyce A. Jones MGT/437 September 22‚ 2010 John Haley‚ Instructor Project Management Paper 2 Project Management Paper In this paper I will attempt to explain the definition of a project‚ basic phases of a projects lifecycle and their purposes and the importance of organizations using project management in accomplishing tasks. Project Management Body of Knowledge (PMBOK) defines projects as “temporary endeavor undertaken to create
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Assignment on: ASSET-LIABILITY MANAGEMENT: DETERMINING AND MEASURING INTEREST RATES AND CONTROLLING INTEREST-SENSITIVE AND DURATION GAPS Daffodil International University Subject Title: Bank Fund Management Subject codes: FIN-435 Submitted to: Md. Main Uddin Lecturer‚ Department of Business
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