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Project that costs $2,500 to install will provide annual cash flows of $600 for next 6-years. Firm accepts projects with payback periods of less than 5 years.
Project life cycle consists of different phases. Identify the major IT project management tasks associated with the concept, development, implementation.
The Deming or Shewhart cycle is best described as: a. plan to increase the amount of inprocess quality assurance inspection stations in domestic manufacturing
You began a process charting procedure 5 weeks ago. Today, for the first time sample ranges are falling below the lower control limit on the range chart.
Compared to actual demand in the same four months as shown in the middle row. What is the MAD (Mean Absolute deviation)?
Question: Discuss the methodologies used during the project analysis stage (i.e. fit a computer solution to the stated problem).
Objective: Describe the role of project management in modern organizations. Function within a project team environment.
Problem: United Airways has tried out single order exponential smoothing for forecasting passenger demand.
Describe a work-related situation you feel could be improved. For example, you want to streamline the process for reimbursing employees
Is the production planner following a chase demand or a level capacity strategy?
For this case motivation can be used to energize the project team. Employee participation is a participative process that uses the entire capability of employee
Question: How's the scope managed and what process is used to allow changes in the scope? Please provide examples.
Forecast the number of doctors in week 7 by applying each of the following methods:
In the past you created a work breakdown structure for the entire CRM system implementation.
You need to determine the costs of this mailing (internal and external). You also need to determine the resource requirements and identify any conflicts.
Problem: You just finished up your status meeting with Ben and are deeply concerned about the CRM implementation of the project.
The weighted average cost is WACC = 12%. Calculate EMC's value of operation.
Question: Please provide examples of necessary requirements of project reports to ensure that projects are on track?
How can you use the organization's culture to help minimize conflicting agendas that the team members may have to deal with?
After running a simulation "applying the project life cycle" I want to describe: - a communication plan;explaining how progress will be reported
Please provide examples or direction on what are some challenges of managing projects involving teams with members from multiple ethnic and sociopolitical.
Both Eastman Chemical company, a large natural gas user, and Van Oil, a major natural gas producer, are thinking of investing in natural gas wells near Houston.
a. Find the earliest expected completion date of the project b. Find variance for activity C
Question: What three trends in project management do you feel will be the most important in the next decade and why?
What are the implications to a current project if this is true? What could a consultant do to engage the organization in a project?