provision of remedies for violations of that right (just because a right was violated doesn’t necessarily mean there’s a remedy) Choices between responsible solutions in a world of limited possibilities (A solution requires the decision maker to select between alternative possible solutions in a world of limits) GOAL: to use actual professional judgment to choose as wisely as possible between all the alternative remedial solutions TYPES OF REMEDIES (usually classified according to what they
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Project Cost Management Review pages 273‚ 274‚ and 275!!! EV PV AC EVM RP CV SV CPI SPI The Importance of Project Cost Management IT projects have a poor track record for meeting budget goals. The CHAOS studies found the average cost overrun (the additional percentage or dollar amount by which actual costs exceed estimates) ranged from 180 percent in 1994 to 56 percent in 2004; other studies found overruns to be 33-34 percent. What is Cost and Project Cost
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2010 the service contract went through the tender process and Nottingham Community Housing Association was awarded the contract and my employment contract was transferred under the TUPE regulations. I embraced the changes‚ so my work was consistent in my allocated projects‚ which were a shared house accommodating 8 medium- high risk service users and a block of 7 self-contained flats accommodating 7 low risk/ ready for move-on service users. Although the change of management did not have any adverse
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for giving a nice opportunity to do this project very successfully. I would like to acknowledge my sincere gratitude to Mr.VINEETH P.MATHEW‚ Sr. Specialist - Learning & Development‚ for inspiring me and for his valuable guidance and assistance provided. I would like to thank the Principal of Dr. G.R.DAMODARAN COLLEGE OF SCIENCE‚ Dr. A. PONNUSAMY M.A (S.W)‚ PGDPM DILL‚ PH.D‚ for his encouragement and guidance for the progress of project work. I also express my gratitude
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MANAGEMENT (WORK OF THE MANAGER) IS UNIVERSAL Managers‚ regardless of title‚ share several common elements. Management is the process of getting things done‚ effectively and efficiently‚ through and with other people. Process in the definition represents the primary activities managers perform. Effectiveness and efficiency deal with what we are doing and how we are doing it. Efficiency is doing the task right and to the relationship between inputs and outputs. Effectiveness is doing the right
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1. How can the uncertainty map help managers? Pearson’s uncertainty map provides a framework for analyzing and understanding uncertainty in the innovation process. It addresses the nature of the uncertainty and the way it changes over time‚ and provides managers with knowledge to make a decision and transform ideas into innovation. It also determines the type of management skills needed for different degrees of uncertainty. The framework separates uncertainty into four quadrants based on basic
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summary of the contents of the document.] compaq [Type the company name] [Pick the date] Contents Concept of Cost Accounting……………………………………………………………………03 Introduction……………………………………………………………………………………..03 Traditional costing v/s activity based costing…………………………………………………..04 Need for an Activity Based Costing……………………………………………………………06 Stages in Activity Based Costing……………………………………………………………....08 Cost Drivers…………………………………………………………………………………….09 Classification of activities………………………………………………………………...……10 Steps
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1. How did you get into project management? - I was in a relatively small company; it didn’t have formal project management but had the need to undertake a major‚ industry wide initiative. The rest was history. 2. If you had to rate the job of project manager on a scale of 1-10‚ with 10 being the highest‚ how would you rate it? - I would rate it a 9 3. Briefly explain the reason for your rating. What do you enjoy most and what do you like least about being a project manager? - I gave it
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Time-phased project work is the basis for project cost control. Work package duration is used to develop the project network. Further‚ the time-phased budgets for work packages are timetabled to establish fiscal measures for each phase throughout the project. The time-phased budgets are to emulate the real cash needs of the budget‚ which will be used for project cost control. This information is useful to estimate cash outflows. The project manager’s attention is on when the costs are to occur‚ when
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development of project management‚ project success has been defined clearly. A definition of project success from Lock is that if the project finish on time‚ within budget and in good quality‚ the project is considered as a successful project (Lock‚ 2007). However‚ our understanding about the role of project manager is unclear. Different people hold various viewpoints about it. According to Lewis‚ people have a vague understanding of what is the role of project manager‚ because a majority of project managers
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