is that Gantt charts communicate relatively little information per unit area of display. That is‚ projects are often considerably more complex than can be communicated effectively with a Gantt chart. Gantt charts only represent part of the triple constraints (cost‚ time and scope) on projects‚ because they focus primarily on schedule management. Moreover‚ Gantt charts do not represent the size of a project or the relative size of work elements‚ therefore the magnitude of a behind-schedule condition
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Work Breakdown Structure – Quiz 1 See tutorial in Week 1 lecture. a) In order to accommodate the smaller budget‚ the project manager will extend the schedule because the resources are not as efficient and/or reduce the scope. The triple constraint should always be balanced. b) The quality is reduced because there are less resources to accomplish the task in a high-quality fashion. (TCO B) You are a project manager for a new Hardware Software Project. You just received the project charter and
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name: 787 Dreamliner Project type: Commercial aircraft development Date : Jan 2003 – Jan 2013 Cost : Additional $12B to $18B on top of original $5B cost estimate Source: Website: http://calleam.com/WTPF/?p=4617‚ Feb 3rd‚ 2013 by admin * Triple constraints: The 787 project was first announced to the public in Jan 2003 and estimated to enter commercial service in 2008. The development costs were projected to be $5B. However‚ the use of composite materials instead of the traditional metals and
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because as the number of projects continues to grow and their complexity continues to increase. 2. What is a project‚ and what are its main attributes? How is a project different from what most people do in their day-to-day jobs? What is the triple constraint? -A project is a temporary endeavor undertaken to create a unique product‚ service‚ or result. The main attributes of the projects are the following: Has a unique purpose‚ it is temporary‚ the project is developed using progressive elaboration
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ISOM4750 Assignment 1 Topic: Due date: To do: Managing the HKIA Project 1st Oct (23:59) (A) Watch the “Building HKIA” video on LMES (B) Answer the two questions at the end of this paper (limited to one page) (C) Submit your answers in either Word or pdf format to “Drop Box” in LMES Hong Kong International Airport (HKIA) was built to replace the older Kai Tak Airport‚ situated in the center of urban Hong Kong. Population congestion dictated that the majority of the new airport would come from a
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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 the following is not part of the triple constraint of project management? Student Response Value A. meeting scope goals B. meeting time goals C. meeting communications goals 100% D. meeting cost goals Score: 2/2 Project portfolio management addresses _______________ goals
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issue to identify the problematic areas for consolidating the warehouses. Recognizing the problems within an issue will yield a plausible solution. Furthermore having to transport materiel issue documents between building causing double and sometime triple handling of materiel hard copy issue documents. Only after the (c) investigating to problem or issue will management discover the pertain information necessary to deal effectively with customer dissatisfaction of having to wait long periods of time
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Realism: A Greater Explanation for World War I Realism‚ by definition‚ is the study and practice of international relations; focusing on the nation-state‚ and that all nation-states are motivated by self-interest (Ferraro on Realism). The first two interests a state looks to fulfill are obtaining self-governance and defining borders. After those have been achieved countries will look to increase their power in many different forms (Ferraro on Realism). The years leading up to World War I were a
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• Discuss the organizational structure and how this may have helped the project. Seitz Corporation has allocated funding for a structured project team to develop a plant in Huntsville‚ Alabama for plastics. The board of directors has employed the matrix organizational structure in order to create a distributing plant in a relatively short time frame. Although there could possibly be dilemmas and shortcomings of this type of leadership‚ the benefits could save the team and the project as
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Week 4 Assignment: Altex Corporation David C. Webster BUS 697: Project Management Strategy Professor: Dr. Jaclyn Krause July 22‚ 2013 Risk is inherent in any project today‚ and project managers need to constantly assess risks and continually develop contingency plans to address them. In project management risk management plans are an essential part of project planning‚ and can often time occur well into the execution phase of a project. In the case of Altex Corporation the project manager
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