Short answer questions – write one or two paragraphs (no bullet points) 1. Project managers frequently face competing constraints. Identify these common constraints and describe approaches that project managers can use to make the trade-offs required to succeed The time constraint refers to the amount of time available to complete a project. The cost constraint refers to the budgeted amount available for the project. The scope constraint refers to what must be done to produce the project’s end result
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1-Why are successful projects so important to Hewlett-Packard? Successful projects have increased odds for continued and better success. The success repeals teams use a system that can improve communication within a company. This systematic process can be repeated and improved and others can learn the process then train to develop "a learning organization". 2. How far should an evaluation team go in trying to quantify project contributions to the firm’s mission or goals? What is the role
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IEE04 : Project management Feb 2013 A. Explain the following four major components of cost of project…………. aug12‚feb12 1. Material Cost 2. Utilities cost 3. Labor cost 4.Factory overhead cost Ans: 1. Material Cost: the most important element of cost‚ the material cost comprises of the cost f raw material‚ chemical‚ components and consumable stores required for production. It is a function of the quantities in which these materials are required and the prices payable for them. While estimating the
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|A2 Business Studies: BUSS4 Definitions: | |Assessing changes in the business environment | | | |GDP – the total value
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Question Paper: Define a project. What are the characteristics which help differentiate projects from other functions carried out in the daily operations of the organization? What is the role of the Project Manager? 3. Why is the implementation of projects important to strategic planning and the project manager? Strategic plans are implemented primarily through projectse.g.‚ a new product‚ a new information system‚ a new plant for a new product. The project manager is the key person
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SELECTED EXERCISES 2 Exercise 11 Project Tracking 2 Exercise 12 Risk Assessment 7 Exercise 13 Refining your project plan (using software) 9 Exercise 14 Initiating 11 Exercise 15 Planning 16 Exercise 16 Executing 18 Exercise 17 Controlling 21 QUESTION 2: THE NORTHWEST AIRLINES CASE STUDY 25 1.. 25 2.. 27 3. 29 REFERENCE 38 APPENDIX - FLYDRAGON PROJECT PERT CHART 39 Figure List Figure 1 Calendars of Project FlyDragon 4 Figure 2 Tracking Gantt Chart of Project FlyDragon 6 Figure 4 ResNet
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Paper – 3.2 PROJECT MANAGEMENT Project Management Unit – 1 Concepts of Project Management: Project – Meaning – Nature – Types of project and project life cycle – Project management – Nature and scope of project management – Project management as a profession – Role of project manager. Unit – 2 Project Identification and Formation: Project environment – Identification of investment opportunities – Project screening – preferability study – Project selection – Project formulation
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The Project Plan Project Name Constructing a school Managers Name Aleysha Smith‚ Valeria Leonova Project start date 20/10/2013 Project close date 20/02/2014 Table of Content Topics Page no Project Summary The project summary should address the following questions‚ in the following order: Project description
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PROBLEM 1 Project? 1. Unique purpose 2. Life span 3. Uncertainty 4. Primary customer 5. Resources 6. Developed using progressive elaboration Project Life Cycle [pic] Key Project Constraints 1. Scope – objective of project 2. Time - Deadline 3. Cost - Budget 4. Quality – Extent of satisfaction Project Stakeholders Individuals or groups in the organization who have an interest in‚ or will be affected by‚ the project result. E.g. Organiser
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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. It is sometimes conflated with program management‚ however technically that is actually a higher level construction: a group of related and somehow interdependent projects. Project managers A project manager is a professional in the field of project management. Project managers can have the responsibility
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