ch17-Project Management 1. Good project management is especially important with virtual teams. TRUE Virtual teams face challenges that make project management especially important. 2. One way that project management differs from management of more traditional activities is because of the limited lifetime of projects. TRUE Projects have lifetimes that are typically shorter than other business endeavors. 3. Once a project is approved and underway‚ project managers are only responsible for
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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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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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Accounting Estimate • Accounting estimate – An approximation of a monetary amount in the absence of a precise means of measurement. This term is used for an amount measured at fair value where there is estimation uncertainty‚ as well as for other amounts that require estimation. PSA 540 9 The auditor shall review the outcome of accounting estimates included the prior period financial statements‚ or‚ where applicable‚ their subsequent re-estimation for the purpose of the current period. The nature
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STUDY GUIDE EMPM5103 Principles of Project Management CENTRE FOR GRADUTE STUDIES STUDY GUIDE EMPM5103 Principles of Project Management First Edition (September 2011) Writer: Dr David Goh Publisher: Centre for Instructional Design & Technology Open University Malaysia First Published: September 2011 Copyright © Open University Malaysia (OUM) All rights reserved. No part of this work may be reproduced in any form or by any means without the written permission of
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provided as a project. PRODUCT SCOPE: The features and functions that characterize a product‚ service or result. PROJECT SCOPE: The work that must be performed to deliver a product‚ service or result with the specified features and functions. page 100 1 5- PROJECT SCOPE MANAGEMENT Project Scope Management includes the processes required to ensure that the project includes all the work required‚ and only the work required‚ to complete the project successfully slide # 101 PROJECT SCOPE MANAGEMENT
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1: Project Management Instructor: Jeannie Winchester July 9‚ 2013 Brown Bag The presentations will primarily address the nine Project Management Knowledge Areas and the five Project Management Process Groups. This will identifies each area of knowledge in its group. It will also incorporate and elaborate on their relationships‚ functions and applications. The Nine Project Management Knowledge Areas * Project Integration Management and it relationships with the Process Management Process
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1 project is defined as a collaborative enterprise‚ involving research or design‚ that is carefully planned to achieve a particular aim.[1] Projects can be further defined as temporary rather than permanent social systems or work systems that are constituted by teams within or across organizations to accomplish particular tasksunder time constraints. 2 1. Administrative: Administrative projects involve intellectual workers. The scope may change as the project proceeds. 2. Construction:
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Managing Mega Projects - The Experiences Of KLIA By Tan Sri Dato’ Prof. Ir. Jamilus Hussein and Prof. Dr. Shafie Karimin Editor’s note: This article was published in The Ingenieur Sept-Nov 2006 issue and is reproduced courtesy of the Board of Engineers‚ Malaysia. N o one‚ especially in the a viation fraternit y‚ would have thought and believed that a small group of Malaysian professionals w ould have been able to deliver successfully The KL International Airport ( KLIA) project to the Government
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Exam b 16 project 1. Which of the following statements regarding project management is false? a. Project organization works well when the work contains simple‚ independent tasks. b. Gantt charts give a timeline for each of a project ’s activities‚ but do not adequately show the interrelationships of activities. c. Project organization is most suitable for projects that are temporary but critical to the organization.
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