it’s clear to the strategic management group that my estimate – a more detail/micro estimate – came in well over their initial macro estimate. That being said‚ I would also provide upper management with the ideas (outsourcing‚ change scope‚ cancel project..) developed with stakeholders in the brainstorming meeting. Simply moving forward with the project after finding such a large gap in estimates would be a terrible idea that would most likely to back fire. It’s important that the executives understand
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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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Project Execution Phase Overview: Once a project moves into the Execution Phase‚ the project Team and the necessary resources to carry out the project Should be in place and ready to perform project activities. The Project Plan should have been completed and base lined By this time as well. The project team and specifically the Project Manager’s focus now shifts from planning the Project efforts to participating in‚ observing‚ and analysing The work being done. Executing the Project Plan
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Project Management Project management is the discipline of planning‚ organizing‚ securing and managing resources to bring about the successful completion of specific project goals and objectives. Some Facts! One fifth (1/5) of the world’s GDP (U.S. $12 trillion) is being spent on Projects. With projects being mandated on such large scales – a shortage of 6 million skilled project professionals is expected by 2013. It’s the only profession where the income levels continued to rise despite the
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for the project details like the tasks required to be performed‚ the relations between them and the duration’s estimations for the task itself and for the entire project including the earliest time to beginning the work in a every task the earliest predicted finishing date of the project. Network diagrams used for detailed planning‚ analyzing scheduling in project implementation and as a control tool in the monitoring and control phase. Two methods used to build the network diagram task-on-the-arrow
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Project Management The film project “The man who killed Don Quixote” Project Management‚ University of Bristol‚ The film project “The man who killed Don Quixote” __________________________________________________________________________________ “The man who killed Don Quixote” was going to be one of Terry Gilliam’s most successful film’s ever‚ despite the fact that financial and organisational difficulties came to light long before the actual production. Famous actors starring in
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You are the project manager for the project you selected and identified in the prior assignments. Using your Microsoft Project software‚ sketch out your action plan. Use the action plan to develop the work breakdown schedule (WBS) as follows: • Create a list of between 5–10 major deliverables that need to be undertaken and completed‚ in the general order of how they would occur. This is Level 1 of the action plan. • Next‚ break out each of the Level 1 deliverables into 5–10 activities. This is
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COVENTRY UNIVERSITY Faculty of Engineering & Computing M28 EKM Project Management Introduction 1 Module Tutors Dr Anthony Olomolaiye – Module Leader • E-mail: a.olomolaiye@coventry.ac.uk Mr Andrew Bell – Associate HoD • E-mail: a.bell@coventry.ac.uk Dr Miles – Senior Lecturer • E-mail: e.read@coventry.ac.uk 2 Introduction Rules of Engagement You are expected to behave in a very professional manner Lectures start promptly The door will probably be locked 10
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IEE04 : Project management Feb 2013 A. Explain the following four major components of cost of project…………. aug12‚feb12 1. Material Cost 2. Utilities cost 3. Labor cost 4.Factory overhead cost Ans: 1. Material Cost: the most important element of cost‚ the material cost comprises of the cost f raw material‚ chemical‚ components and consumable stores required for production. It is a function of the quantities in which these materials are required and the prices payable for them. While estimating the
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Project Integration Management S. Kenneth Merrill‚ PMP November 21‚ 2007 Project Management Tutorial Series Project Management Tutorial Series Scope Time Cost Quality Human Resource Communication Risk Procurement Project Success Knowledge Areas Initiating Planning Executing Monitor & Control Closeout Project Life Cycle Process Groups Eastern Idaho Chapter - PMI Project Management Tutorial Series Project Integration Management Discussion Outline: Introduction
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