#3 1. If I were in Lauren’s shoes‚ I would make sure 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
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Project Management What is a project “Operations Management” is concerned with the transformation of inputs and resources into outputs. The transformation system to be used is dictated by the charateristics of the required inputs and the desired outputs. For instance‚ for mass manufacturing (where outputs and inputs are standardized‚ and products facing high demands are produced in very large quantities)‚ the transformation system may take the form of an “assembly line” (as in automotive
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Djenane Jeanty Project Management Context Professor C. Lennon Module V 11.17.12 Abstract Project managers carefully manage slack on sensitive resource-limited projects (Larson and Gray‚ p.295). If possible‚ they will add slack at the end of the project by committing to a completion date that goes beyond the scheduled date. Eliyahu Goldratt (1997) advocates an alternative approach to managing slack. He championed the “theory of constraints” and has coined the term “critical-chain” recognizing
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B-SCHOOL Marks: 80 PROJECT MANAGEMENT Attempt all questions 1. Give a detailed description on “Detailed Project Report”. Indicate the Pros and Cons of it also. (10 Marks) 2. What is Project Management Information System? Why is a Project Management Information System considered to be of immense importance in a project? In designing a Project Management Information System what parameters are to be spelt out clearly in line with the objectives of the Project management Information System? (20
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1.4‚ 1.5 1. What documentation could you expect to receive when you are asked to undertake a project? Apart from the written documentation‚ you might need to obtain additional information. What could this be? Why is it important to get all this information before you start your project? Your Answer: You could expect to receive a copy of the contract or agreement‚ the project brief and project plans. You will also need to know who your stakeholders are and what outcomes are expected‚ the reporting
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Total marks: 83/90 (92%) 7201ENG Project Management – Naomi Hill s2569523 TASK A Task A Marks: 17/20 - Very well written. But please observe word limit. Wheatstone Project Background What is this the Wheatstone Project about? Chevron Australia Pty Ltd (Chevron) is constructing a multi-train Liquefied Natural Gas (LNG) and domestic gas (Domgas) plant near the town of Onslow on the Pilbara Coast‚ Western Australia. The gas fields are located offshore in the West Carnarvon Basin. Ashburton
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1. What are the reasons the author advances the project management to be considered an "accidental profession?" The twelve guidelines are presented in no particular order. Order them by level of importance and explain your reasoning 2. Where would you place yourself in Figure 2? 3. A few of the guidelines are related to the need to understand the reason for the project in the first place. Which guidelines would you place in this category? Why is this so crucial? 4. Why
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Project Management Fundamentals Niladri Mallick Choudhuri‚ PMP Project Manager‚ ITC Infotech India Ltd. © ITC Infotech India Ltd Project Management Fundamentals Table Of Contents WHAT IS A PROJECT? .........................................................................3 WHAT IS PROJECT MANAGEMENT? .........................................................3 Project Management Knowledge Areas ................................................4 Relationship To Other Management Disciplines
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Unit /Module | Project Management | Assessment | Individual Assignment | Lecturer | Bandujeewa Samaranayake | Student Name | | ID | Date Handed Over | | Date Due | | Initial Submission Date | 15/03/2012 | Re-Submission Date | | Students to tick if attempted | Grading Opportunities | Criteria Met ? | Assessor Feedback | | | Initially | On Re- Submission | | | P1 | | | | | P2 | | | | | P3 | | | | | P4 | | | | | M1 | | | | | M2 | | | |
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Project management has quickly become something that is used by most organizations when the organization wants to finish a project in a timely manner and within budget. Project management helps companies to meet their strategic mission in a planned and organized way. This paper will explain what project management is and the importance of it to the business world‚ the project life-cycle management and the benefits that project management has to an organization and the concept that goes into
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