PART 1 1. To what extent does project management apply to Adventures Unlimited? Each tour established by Adventures Unlimited could be considered as a single project. Each tour has the destination‚ and is not routine and repetitive. The project begins when the consumer and Adventures Unlimited reach the same agreement‚ and ends when the consumer goes back. Each tour is unique and never been taken before. That is to say‚ each tour has the specific time‚ cost‚ and performance requirements. The
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1) Which of the following statement is true a) Project management is becoming a slandered way of doing business b) Project management is increasingly contributing to achieving organisational strategies c) Project management is being used at a consistent percentage of a firms efforts d) Both a and b are true e) A‚ b and c are all true 2) Which of the following financial models are typically included in a project a) Payback b) Npv c) Internal rate of return
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Module: Fundamentals of Project Management Module Code: FPM12/1 Assignment number: 1 © Milpark Fundamentals of Project Management FPM12/1 Assignment 1 Year 12A / Page 1 Assignment Guidelines Guidelines for the successful submission of assignments Students are sometimes unsure as to what constitutes work of an acceptable standard when submitting an assignment. Naturally‚ programmes offered at different NQF Levels demand different types of responses. An NQF Level 4 or 5 qualification probably
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PRO ARNAN P r o j e c t M a n a g e m e n t PROJECT MANAGEMENT P H I L O S O P H Y Project management‚ as a professional service must provide a greater degree of time and cost control through the application of more effective communication‚ co-ordination‚ administration and management. Pro Arnan encourages an integrated and motivated professional and construction team whose function it is to achieve timeous completion of a facility‚ without sacrificing good design‚ quality and a well-functioning
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Date of Dispatch : Last date of receipt of Assignment at CODE office NCP-21 Management in Organization Scope of work: Construction of Housing Colony consists of 10 Bungalows for senior executives‚ 20 Apartments in five buildings‚ 100 dwellings for white collar workers and 300 dwellings for blue collared workers. Colony will have market and entertainment complex. Key Functions The key function of construction Project: Planning & Scheduling: Planning involves formulation of a number of alternative
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MBA/MIS Project Management Chapters 1 and 2 Project Management Challenges Strategies and Project Selections 1. Two new software projects are proposed to a young‚ start-up company. The Alpha project will cost $150‚000 to develop and is expected to have annual net cash flow of $40‚000. The Beta project will cost $200‚000 to develop and is expected to have annual net cash flow of $50‚000. The company is very concerned about their cash flow. Using the payback period‚ which project is better
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designed to be thought- provoking. As with HW 1‚ do not spend large amounts of time on HW 2. I certify that I have done this work individually. I have not talked with any current or former students about the problems. I have not looked at former students’ work on these or similar problems (sometimes called “files”). Signature: ___________________________ 1. Paul is a project manager for an effort that requires twelve months. During the 7th‚ 8th‚ and 9th months he needs two individuals
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identified that there are organizational issues and have hired a project team to identify additional gaps‚ develop an action plan and to implement those actions. Although it has been communicated that these changes will soon occur we have not received any formal information about the major changes that will happen nor has the timeframe for the changes been communicated. After completing the project manager course and understanding the purpose of project management skill set I now can identify some issues that
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PROJECT EVALUATION REVIEW TECHNIQUE (PERT) AND CRITICAL PATH METHOD (CPM) Project Evaluation Review Technique and Critical Path Method (CPM) are scheduling techniques used to plan‚ schedule‚ budget and control the many activities associated with projects. Projects are usually very large‚ complex‚ custom products that consist of many interrelated activities to be performed either concurrently or sequentially. The planning horizon for PERT/CPM typically extends beyond the six-month time frame
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individuals. What are ethics? They are the values by which a person’s actions can judged. While some actions can be seen as positive or negative by their nature‚ a person’s motivation must also be considered. Importance of Project Managers Adhering to a “Code of Ethics” A project manager may be faced with many decisions in which he or she must choose the right course of action. A project manager’s ethics should provide a strong guide for these decisions. Ethics should also assist the project manager
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