QUIZ 2 IN MGT05: OPERATIONS MANAGEMENT PROJECT MANAGEMENT 1) Which of the following statements regarding Bechtel is true? A) Its competitive advantage is project management. B) Bechtel was the construction contractor for the Hoover Dam. C) While helping to rebuild Iraq‚ Bechtel’s crews had to travel under armed escort. D) Bechtel’s procurement program is global in nature. E) All of the above are true. 2) Which of the following statements about Bechtel is true? A) Even though Bechtel
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Project risk management plan Content Executive Summary 2 1. Project introduction 2 2. AS/NZS/ISO 31000:2009 - Risk Management Process 3 2.1. Introduction 3 2.2. Establish context 4 2.3. Identify risks 4 2.4. Analyse risks 5 2.5. Evaluate risks 6 2.6. Treat risks 6 2.7. Monitor and review 6 2.8. Communicate and consult 6 3. Project risk assessment 6 3.1. Inherent risk assessment 6 3.2. Risk distribution 7 4. Risk analysis 8 4.1. Risk Classification
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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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technological product nowadays. It is used by almost people off all ages. It seems to be very useful. In fact‚ for every plus‚ there is minus. In my opinion‚ although cell phone shows us many advantages‚ it also brings us some disadvantages. For one thing‚ cell phone really makes our life easier because of the following reasons. First‚ it is very convenient. It helps us contact with people at anywhere over the world in a fastest way. People use it to connect with others such as coworkers‚ friends of family
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Project Eight Determine the materials and labor to build a storage building‚ this will involve designing the building‚ figuring out what materials are needed‚ purchasing the materials‚ and putting together the various parts. Some of these tasks depend on the others‚ some must be scheduled‚ some take more labor than others‚ etc. The building design must include options such as: a choice among different types of siding‚ doors‚ windows‚ and roofing. Also‚ include the choice of a poured 4” deep concrete
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PROJECT MANAGEMENT NOTES 1. Define ‘Project’. What are the main characteristics that identify and differentiate projects? Do you think that the specialized project management techniques can be applied effectively to non-engineering areas of organizational functions? Explain your answer with suitable examples. Project is a temporary endeavour undertaken to create unique product or service. Project is also defined as a unique set of coordinated and inter-related and inter-related activities
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3. Business Case. 4. Technical Plan. 5. Project Management Method. 6. Strategic Project Management Techniques. 7. Quality Control. 8. Project Monitoring and Controlling. 9. Risk Management. 10. Project Costing and Budgeting. 11. Project Closure. 12. References. Company Profile T&T Co. is a Cochin-based private construction and Architecture Company‚ established in 1995 mainly undertaking projects concerning building and bridge constructions. The company
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Description of the Project q This business plan will outline the opening of a new Dairy Queen franchise on Euclid Avenue in Cleveland‚ Ohio. Dairy Queen is a thriving national franchise with great name recognition. This project plan will discuss the construction requirements‚ franchise fees and timeline needed before operation can begin. The Euclid Corridor is a section of Euclid Avenue on the eastern side of Cleveland. Currently a streetscape project is taking place to beautify the corridor
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THE PROJECT The way a project team is structured can play a major role in how it functions. Different styles of team will have different characteristics. For example‚ do we wish to encourage discussion with the business representatives or to keep them at arm’s length so the developers can make good progress? Careful consideration of team composition and reporting relationships can make a big difference to the results. The various roles in the team will depend on the nature of the project. As
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The Role of the Project Manager A project manager is the person who has the overall responsibility for the successful initiation‚ planning‚ design‚ execution‚ monitoring‚ controlling and closure of a project. The job title is used in construction‚ petrochemical‚ architecture‚ information technology and many different industries that produce products and services. The project manager must have a combination of skills including an ability to ask penetrating questions‚ detect unstated assumptions
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