Actual cost to date = $79‚800 (This is what I actually spent by the end of month 4) Planned expenditures to date = $101‚000 (This is what I should have spent by the end of month 4) The CFO is excited and has sent you an email congratulating you for being 12.07% under budget. However‚ is it really time to hold a team celebration? That would be fun but your project manager mentality kicks in. Those numbers look good but how are we ‘really’ doing? To understand the true project performance‚ we need
Premium Project management
buyers as per agreed schedule and price. As result‚ the project schedule and cost are defined to achieve the objective. Project schedule and cost are known to work in equilibrium. Where one of these dimensions is restricted or extended‚ the other dimension will then also need to be either extended/increased or restricted/reduced in some way. Given that quality must not be compromised‚ this paper aims to describe how to get the optimum balance of project schedule and cost on an onshore gas processing
Premium Risk management Project management Risk
* What is the cost variance‚ schedule variance‚ cost performance index (CPI)‚ and schedule performance index (SPI) for the project? Cost Variance: Earned Value (EV) – Actual Cost (AC) $20‚000 - $25‚000 = ($5‚000) Schedule Variance: EV – Planned Value (PV) $20‚000 - $23‚000 – ($3000) Cost Performance Index: EV / AC $20‚000 / $25‚000 = 0.8 Schedule Performance Index: EV / PV $20‚000 / $23‚000 = 0.869 * How is the project doing? Is it ahead of schedule or behind schedule? Is it under budget
Premium Project management Earned value management Management
CLICK TO DOWNLOAD PROJ 592 Project Cost and Schedule PROJ 592 Final Exam 1 1. (TCO B) Estimating Procedures (a) You are the project manager for a new high-rise office building. You are working on estimating the exterior landscaping for the new development. The landscaping requires the use of a special landscape stone. Based on recent experience the most likely price for the material is $120.00/ton. However‚ the price for this stone is volatile‚ and the price fluctuates over time based on market
Premium Management World Wide Web Marketing
Work Breakdown Structure – Quiz 1 See tutorial in Week 1 lecture. a) In order to accommodate the smaller budget‚ the project manager will extend the schedule because the resources are not as efficient and/or reduce the scope. The triple constraint should always be balanced. b) The quality is reduced because there are less resources to accomplish the task in a high-quality fashion. (TCO B) You are a project manager for a new Hardware Software Project. You just received the project charter and
Premium Project management
PROJ 592 Project Cost and Schedule Control Week‚ TCOs‚ and Topics Readings Assignments Week 1 TCOs A & B Project Definition‚ WBS‚ and Cost Project Management for Business‚ Engineering and Technology Chapter 5: Planning Fundamentals (pp.157-195) Earned Value Project Management Chapter 6: Scope the Project (pp.47-61) You Decide Graded Discussion Topics Week 2 TCOs B & C Financial Plan Project Management for Business‚ Engineering and Technology Chapter 8: Cost Estimating and
Premium Project management Management
14627-0345 Call: (585) 275-5953 Fax: (585) 461-3055 Online‚ visit our website: www.rochester.edu/parking/shuttle.htm Forgot Something? Call Lost & Found (585) 275-5953 ♼PRiNtEd ON RECYCLEd PaPER UNiVERSitY COMMUNiCatiONS · 0756-912 ShUttLe SChedULe CW CW COrPOrAte WOOdS Destinations • Corporate Woods (30/120/155) • Lattimore Office Building • Whipple Circle Monday through Friday 7:15 a.m.–6:00 p.m. No shuttle on University holidays Shuttle Information Monday through Friday‚ 8 a
Premium Accessibility Office
T.C. DOĞUŞ ÜNİVERSİTESİ 2013-2014 GÜZ YARIYILI DERS PROGRAMI / THE ACADEMIC YEAR OF 2013-2014 FALL SEMESTER WEEKLY COURSE SCHEDULE Ders Kodu Kontenjan Öğr. Ele. ID Course Code Quota Instructor ID Öğr. Ele. Adı Instructor’s Name P.tesi Monday Salı Tuesday Çar. Wednesday Per. Thursday Cuma Friday C.tesi Saturday ALM101/01 [#35] 581(F) ZÜMRÜT DEMİRSOY 8‚9[K.615] - 8‚9[K.508] - - - ALM101/02 [#35] 581(F) ZÜMRÜT DEMİRSOY -
Premium
Carla Torres March 19 2013 Appearances in People Person´s first impression stays in the mind of others for the rest of their life. Appearances itself covers a countless amounts of things like physical characteristics‚ posture‚ movements‚ tone of voice‚ the smile‚ hygiene‚ and numerous other things. Every human in the world has their own appearance. The reason is that they need to be a successful person‚ to reach good things in life. However‚ the exterior perception that make about
Premium Human physical appearance Bible Tim Burton
customers to the firm’s products‚ thereby boosting sales and profits make employees want to stay with the business‚ reduce labor turnover and therefore increase productivity. Attract more employees wanting to work for the business‚ reduce recruitment costs and enable the company to get the most talented employees. Attract investors and keep the company’s share price high‚ thereby protecting the business from takeover. Unethical behavior or a lack of corporate social responsibility‚ by comparison
Premium Ethics Morality Business ethics