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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Introduction Project management has come a long way from its humble beginnings; it has change drastically to something that is useful and important in today’s business environment. From its quality‚ delivery and cost control are taking precedence in businesses‚ government organizations to nonprofit organizations. Project management allows managers an extra hand in planning‚ creating and executing strategic initiatives that will result in generating new revenues and at the same time find new clients
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LEARNING SCHOOL OF THOUGHT Origins of the Learning School This school of thought views strategy formulation as a process that is emergent in nature-a dynamic process that depends on the trends of times that come and go. The school actually relies on the history of the organization and the industry in which it lies in the formulation of its strategies (Mintzberg et al‚ 2005). Therefore‚ the method is analytical to some extent. Key to the learning school is its foundation in description rather
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Project Charter Applicable Processes/Procedures: Identify the process for creating a project charter 1. General Information: Project Title – The proper name used to identify this project; Project ID – The working name or acronym that will be used for the project; Sponsoring Organization – The organization sponsoring this project; Sponsor Representative – The name of the person representing the Sponsoring Organization; Prepared by – The person(s) preparing this document; Version – Version of this
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Native Americans: Creation LONG BEFORE the white man set foot on American soil‚ the American Indians‚ or rather the Native Americans‚ had been living in America. When the Europeans came here‚ there were probably about 10 million Indians populating America north of present-day Mexico. And they had been living in America for quite some time. It is believed that the first Native Americans arrived during the last ice-age‚ approximately 20‚000 - 30‚000 years ago through a land-bridge across the Bering
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explain? CPM model was developed for making risk free Projects. CPM approach is deterministic. In CPM analysis we work with single time estimates. The main focus on VPM analysis is on variations in activity times as consequences of changes in resource assignments. The major focus of CPM analysis is on time cost relationships and it seeks a project schedule that minimizes total cost. Assumptions under lying CPM Analysis- 1. The costs associated with a project can be divided into two components. Direct
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Project Management Essentials Table of Contents Introduction 3 Project management approach 3 Project scope 4 Milestone list 4 Schedule baseline and work breakdown structure 5 Change management plan 5 Sponsor Acceptance 6 Introduction J. Smith & Associates have recently requested that Southwest Information Technology Group (SITG) submit the below proposal to outfit their new Division office building in Scottsdale‚ Arizona with the latest networking and information technology
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Ivailo.peev@abv.bg PM 401 – Project management Aris Zogopoulos Final Exam March 5‚ 2012 1. Determine bread-and-butter‚ pearls‚ oysters and white elephants projects. (15%) Developing project portfolio matrix is the most important part of creating a project. Fours quadrants determine the matrix - Bread-and-butter‚ pearls‚ oysters and white elephants. Bread-and-butters project means evolutionary improvements to current products and service and it is low risk project with law reward. Pearls
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explain the importance of project management principals. As a member of “DMS SOLUTIONS &PM Consultancy” I can say about project management principals its very important keep the quality of project management. For this scenario its apply in many ways. 1. Projects are temporary. You can’t consider a project to be that thing that you’re going to do every day for the rest of your career. Instead‚ it’s something that creates a particular product or service‚ and it has a clear end point. You might
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Jawaharlal Nehru Technological University‚ Hyderabad‚ India -500085; E-mail: 1das_tulasiram@yahoo.co.in‚ 2tarasunder98@yahoo.co.in ABSTRACT The Unified Power Flow Controller (UPFC) is the most versatile and complex power electronic equipment that has emerged for the control and optimization of power flow in electrical power transmission system. This paper presents real and reactive power flow control through a transmission line by placing UPFC at the sending end using computer simulation. When
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