Project Management Lecture April 26‚ 2012 1 Overview Project planning V + Execution • Repetition • Monitoring • Control • Summary 2 Overview of the Project and Organization Structures Board of Management Department A Department B Department C • Pure project organization Projekt A Projekt B PM A PM B Board of Management • Influence project organization PM Staff Department A Department B Department C • Matrix project organization Project 1 Executive
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Functional Areas of Business MGT/521 October 12‚ 2012 Functional Areas of Business The pursuit of the MBA focuses on developing leaders in the area of business administration. Business leader development includes the study on functional areas of business and roles that managers take to be effective leaders using this information. This paper will focus on two functional areas of business and also explain the role of the manager in our areas. Human Resources and Project Management The first
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Vazquez Brandman University Economic Analysis Professor Walter Bunch November 16‚ 2014 Introduction The Project Portfolio Process (PPP) attempts to link the organization’s projects directly to the goals and strategy of the organization (Meredith‚ Shafer‚ Mantel & Sutton‚ 2014‚ p. 22‚ paragraph 3). This linkage to the goals and strategies of United Screen Printer’s to its project portfolio‚ not only occurs in the project’s initiation and planning phases‚ but throughout the life cycle of the project
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–Traditional‚ Agile‚ Extreme. 5th Edn. Indianapolis: Wiley Publishing Inc. * Meredith & Mantel‚ J.R. & Mantel‚ S.J. Jr. (2009) Project management: A managerial approach. Hoboken‚ New Jersey: John Wiley & Sons. * Baca‚ Claudia. 2005 Project Manager ’s Spotlight on Change Management. University of Liverpool Online Library [On line] Available from http://site.ebrary.com/id/10131902?ppg=16 (Accessed: 15 March 2013). * A & C Black (2007) Steps to Success: Manage Teams Successfully University
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1. (2) Name the categories of skills that should be considered in the selection of a project manager. Good planning and well organizing skills are the main requirement for a project manager (Meredith & Mantel‚ 105). Project managers often work in chaos where they have need to ability to sort out sources of issues‚ understanding clients’ needs‚ “translate” customers’ demands into workable ideas for each department‚ obtain sources for projects‚ ensure projects will be on-time‚ etc. There are simply
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(NPV) or Internal Rate of Return (IRR) always or almost always (Smart‚ Megginson & Gitman‚ 2004‚ pg. 251). Projects are viewed as capital investments in the corporate world‚ and as such‚ are evaluated closely for their possible financial impacts on the “bottom line” due to their higher risk of failure. Capital investments are those that are considered long-term investments such as manufacturing plants‚ R&D‚ equipment‚ marketing campaign‚ etc.‚ and capital budgeting is “the process of identifying
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1. If Norm chooses to go ahead with the microprocessor conversion on the machinery without passing it by the team‚ what are the potential conflicts that might arise? What are the advantages of such a move? - The biggest potential problem here is that the production team might feel slighted as their opinions were not considered in this major decision‚ and it may affect their current strong feeling of value hat they have with the company. Essentially if feeling of value is affected then productivity
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organization whose realization helps achieve the strategic organizational goals‚ taking into account the available resources (Beric‚ Jovanovic & Jovanovic 2012). In order to select the correct investment project with the greatest profitability‚ technological opportunity‚ (least) development risk and appropriability (to organisational strategies) (Meredith & Mantel 2006)‚ analysis of project selection options will assist in the decision on where to invest the proposed $20‚000. Both numeric and
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best method to manage a project team. In the functional project management organizational structure‚ "the project is assigned to the functional unit that has the most interest in ensuring its success or can be most helpful in implementing it" (Mantel & Meredith‚ 2006). This organizational structure has been considerably one of the oldest methods used however‚ remains one of the most successful. The functional method is best used when applied to routine work functions and to support the value of work
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Project Management Post-Graduate Diploma in Business Management (Year 2011-13) Dr. V K Gupta Institute of Management Technology Ghaziabad Course Background and Objectives: Project management has become crucial for operations in industries such as construction‚ information technology‚ IT‚ hospitality‚ and engineering and new product development. At one time project management was limited to civil and construction engineering programs where it was highly quantitative
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