If you have a good prospect, chances are that he or she receives dozens of offers from similar companies. Be sure your first contact is professional and gets your customer’s attention.
2. Value their time
Whenyou ask for a meeting, you are asking for the mostvaluable thing a...
associated with both PERT and CPM are shown in Figure 4.3, and the specific steps of each of these methods are presented next, separately.
Usually, these seven steps are followed to develop a PERT network : 1. Break down a given project into various jobs or tasks and identify...
designated as a milestone, thus enhancing the scheduling value of the diagram. Most importantly, the manager can
determine when people or resources should be free so that they can be reassigned during critical periods, thus maximizing the use of limited resources. C. PERT: PERT stands for Program...
have a yes or no answer. Key decision makers may be unreachable or too bogged down with other issues to get back to you in what youconsider to be a timely manner.
Perhaps the most troublesome and hardest to plot on your WBS is the situation where progress on your project is dependent upon the...
Giving you the ability to try out approaches and test ideas for improvement
• Optimization Narrowing yourchoices to the very best when there are virtually innumerable feasible options and comparing them is difficult
• Probability and Statistics Helping you measure risk, mine data to find...
, incentives, policy analysis,
microfinance strategies, holiday bonuses, reengineering, or any other techniques used to achieve results. Rather, your needs are the basic gaps between
current and desired performance (see box 1.2).
Whenyou have defined a need, and have determined that it is a priority...
PERT is based on expected completion time, computed from three estimates of timethe optimistic time the pessimistic time and the most likely time. The PERTtechnique
can be used for more complicated projects like engineering and tolling projects.
PERT is used when time is...
Accounting Information Systems
Example 1. Your boss asks you to document the paperwork involved in acquiring ofﬁce
supplies from your company’s Central Supplies Department. Your administrative assistant
explains the process as follows:
Reordering supplies requires a requisition request. When...
understand that they are an indispensable part of the team.” ● “I would consider the most important technique in overcoming the authoritygap to be understanding as much as possible the needs of the individuals with whom you are dealing and over whom you have no direct authority.” ● Formal authority...
and honestly. Today's employees are demanding it. Not everyone will thank you for your candor, but they will never forgive you for anything less. Open and honest communication goes beyond simply telling the truth when it's advantageous. You need a proactive, even aggressive, sharing of everything...
consider the precedence relationships in a project. False (Project scheduling, moderate) The shortest of all paths through the network is the critical path. False (Project management techniques: PERT and CPM, moderate) The fundamental difference between PERT and CPM is that PERT uses the beta distribution...
path is, so they can monitor progress and make prompt decision to keep the project on track.
Transforming a Task List into a PERT/CPM Chart
–You must follow three steps:
◆ Step 1: Develop Basic Structure
◆ Step 2: Enter ES and EF Values
AACSB: Analytic Skills
17. Automation is the mostvaluable asset in the kaizen philosophy.
AACSB: Analytic Skills
18. Unlike kaizen, the goal of reengineering is to achieve large and dramatic improvements in performance.
purchasing and sourcing strategy of the two retail giants. Why do they employ different purchasing and sourcing strategies? Explain how and when equipment purchasing might be strategic? Describe your own experience of purchasing on-line. What factors make you favor on-line purchasing? Moreover...
provide a much more precise answer to the problem.(a) Under what circumstances would you choose the simple model? (b) Under what circumstances would the more sophisticated model by yourchoice? |
E 1 – 7 | Briefly explain the management science approach to problem solving. |
E 1 – 8 | Briefly...
“I go back and talk to some of the original designers and find out why they did the things they did because most of the time there are reasons for it…and knowledge transfer is important.” Reengineering, reverse engineering, and design recovery seem logical choices to choose when looking at how...
Every IS auditor will need to provide details when significant restrictions are placed on the scope of an audit. You will need to review your audit objectives and risk strategy to determine whether the audit is still possible and will meet the stated objectives. The audit report should explain...
nothing to show for their ordeal. To paraphrase Alice in Wonderland, it does not matter how hard you run if you do not know where you are going or what it looks like whenyou get there.1 As we explain next, the 5-P model ensures that the change effort is properly directed, that the right people are...
your current software works well today and your license is current, should youconsider upgrading this software now in preparation to support a future business requirement?
e) The Open-Source Software Movement
Most software on the market today follows proprietary standards.
Enter the open-source...
Answers to Case Application Questions | |
Refrigerators from China
1. Given the unusual nature of Kelon’s business, what planning tools and techniques might be most useful? Explainyourchoices.
Some of the planning tools and techniques that might be useful to Kelon and Wang...