...PMI Project of the Year Award The Umatilla facility was asked to safely destroy one of the largest stockpiles of U.S. chemical weapons inventory in the country. They were asked to complete the task by April 29, 2012. The world would be watching as the company took on this colossal assignment. Jackson II (n.d.) The Project Team Exhibited Exceptional and Ethical PM Practices There are five project management process groups and the Umatilla facility initiated each of these activities to achieve their goal. The process was initiated, planned, executed and monitored. Schwalbe (2011) To initiate the process the U.S. Army brought in the engineering firm of URS because they realized the extent of the risk that would have to be undertaken. Through the planning process, the team came up with a plan for the first phase which would be to package each nerve agent into different categories or “campaigns” whereas only the designated chemical could be incinerated. By executing this plan the risk would be reduced. This process would be executed over a designated span of months. Forming campaigns assisted the Umatilla factory in terms of safety because it helped them to know at all times what was being destroyed. Jackson II (n.d.) Obstacles that Could Adversely Impact the Triple Constraints One of the problems that URS faced was that even though they were able to recruit about 20 percent of employees who were to work on this problem from their current workforce, the majority of...
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...Project Management Institute's 2010 Project of the Year Award Gary Blake Strayer University Author Note Project Management Institute's 2010 Project of the Year Award The National Ignition Facility Project was the winner of the 2010 PMI Project of the Year Award competition. The project managed by Lawrence Livermore Laboratory was a great success because of the certified project personnel and the thorough application of the PMI standards and principals. It was put together to serve a large scientific community to explore new technologies in energy production involving new frontiers in astrophysics, material science, and nuclear science (Institute, 2012). The facility had the goal of developing self-sustaining nuclear fusion, which is the process that powers the sun and the stars, in the laboratory for the first time. It is well known by scientist that fusion power has many of the benefits of long-term renewable energy sources, such as being a sustainable energy supply compared to presently utilized sources and emitting no greenhouse gases. The finished facility contains more than 3,000 pieces of amplifier glass, 8,000 large optics, and 30,000 small optics that have been assembled into 6,206 replaceable units (PMI.org, 2010). By using PMI principles and ethics, the project design and commissioning was completed with the help of a worldwide collaboration of governments, academia and lots of industrial groups. The groups themselves were sometimes picked over...
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...“Motivation refers to the way in which urges, drivers, desires, aspiration, striving or need direct control or explain the behaviour of human being” Motivation is based on individual’s motives which are internal to the individual. These motivation are in the form of feeling that individual lacks something. Motivation is affected by the way which the individual is motivated. The Act motivating channelized the lead satisfaction. Besides, it can also activate the talented needs in the individual, that is, the needs that are less strong and somewhat dormant, and harness them in manner that would be functional for the organization 1.1 INTRODUCTION TO THE ORGANISATION COMPANY PROFILE The Travancore Cements Limited was incorporated in the year 1946. The year of commencement of grey cement is 1949. The licensed capacity of the plant is 50,800 tons per annum. The master mind behind setting up of this factory was Late Sir. CP RamaswamiIyer, who was then Dewan of Travancore, and he realized the vital role of cement in the industrial development of Kerala. The company was made with M/s F.L Smidth& Co, Denmark. During 1959, the company diversified into the production of white Portland cement. The capacity for the...
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...macro-economic factors having influence on the investment choices. The investigator intends to study more particularly, the impact of quantitative economic variables on the investment of mutual funds. The trends of the industry also have to be examined from time to time. In response to the changing circumstances, the fund houses have introduced a host of interesting technological innovations to grab the attention of the investors. Investors need to correctly appraise the risks and rewards of investing in schemes which seek to offer attractive returns. Total of 122 respondents were selected for data analysis. The respondents’ profile consists of demographic data namely, age, gender, occupation background, educational background, investment habit and years of investing activities. The gender, monthly income and race of respondent are not relevant for this research since it is basically focused on the investors’ habit in Malaysia. The perception will be taken into consideration as per their views on mutual fund investment. The last and final analysis of hypothesis testing is to complete the proposed theoretical framework for this study. Keywords: Mutual Fund Investment, Expected Return, Perceived Behavior, Unit Trust Scheme, Contents Chapter 1: Introduction 5 1.1 Introduction 5 1.2 Background of the Study 5 1.3 Problem Statement 8 1.4 Research Aims and Objectives 9 1.5 Hypothesis 10...
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...CHAPTER 1 INTRODUCTION 1.1 Introduction This chapter discuss about background of the study, problem statement, purpose and objective of the study, significant and also limitation of the study. The definition concept of product placement is also discussed. 2 1.2 Background of the study According to PQ Media (2007) the practice of placing branded products within films for commercial purposes has developed into a distinct marketing tactic and has truly gone global. This situation happens due to product placement is cost-effective compared to other types advertising and it allows marketers to avoid clutter. Placing product in film is not new, it has becoming established in North America in the 1980s, on television program but began to receive serious attention in the UK in the late 1990s.(Chris Fill,2004).One of the example is the increase in sales of Reese’s Pieces chocolate after an on-screen in E.T on 1980s (Karh,1998). Generally product placement is about placing brands in films or TV show. Chris Fill (2004), defined product placement as the inclusion of products and services in films for deliberate promotional exposure, in return for an agreed financial sum. It is a cheap way to obtain some brand exposure in a mainstream without paying for airtime like any other promotion. Placing a product in film can overcome the irritation factor associated with advertisements screened in cinemas. There are varieties of product can be place including...
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...INT 10 - VIDEO - SET VIDEO MODE AH = 00h AL = desired video mode (see #00010) Return: AL = video mode flag (Phoenix, AMI BIOS) Values for video mode: text/ text pixel pixel colors disply scrn system grph resol box resolution pages addr 00h = T 40x25 8x8 320x200 16gray 8 B800 CGA,PCjr,Tandy = T 40x25 8x14 320x350 16gray 8 B800 EGA = T 40x25 8x16 320x400 16 8 B800 MCGA = T 40x25 9x16 360x400 16 8 B800 VGA 01h = T 40x25 8x8 320x200 16 8 B800 CGA,PCjr,Tandy = T 40x25 8x14 320x350 16 8 B800 EGA = T 40x25 8x16 320x400 16 8 B800 MCGA = T 40x25 9x16 360x400 16 8 B800 VGA 02h = T 80x25 8x8 640x200 16gray 4 B800 CGA,PCjr,Tandy = T 80x25 8x14 640x350 16gray 8 B800 EGA = T 80x25 8x16 640x400 16 8 B800 MCGA = T 80x25 9x16 720x400 16 8 B800 VGA 03h = T 80x25 8x8 640x200 16 4 B800 CGA,PCjr,Tandy = T 80x25 8x14 640x350 16/64 8 B800 EGA = T 80x25 8x16 640x400 16 8 B800 MCGA = T 80x25 9x16 720x400 16 8 B800 VGA = T 80x43 8x8 640x350 16 4 B800 EGA,VGA [17] = T 80x50 8x8 640x400 16 4 B800 VGA [17] 04h = G 40x25 8x8 320x200 4 . B800 CGA,PCjr,EGA,MCGA,VGA 05h = G 40x25 8x8 320x200 4gray . B800 CGA,PCjr,EGA = G 40x25 8x8 320x200 4 . B800 MCGA,VGA 06h = G 80x25 8x8 640x200 2 . B800 CGA,PCjr...
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...UCSB Computer Science Technical Report 2010-05. Who’s Driving this Cloud? Towards Efficient Migration for Elastic and Autonomic Multitenant Databases Aaron Elmore Sudipto Das Divyakant Agrawal Amr El Abbadi Department of Computer Science University of California, Santa Barbara, CA, USA {aelmore, sudipto, agrawal, amr}@cs.ucsb.edu Abstract The success of cloud computing as a platform for deploying webapplications has led to a deluge of applications characterized by small data footprints but unpredictable access patterns. An autonomic and scalable multitenant database management system (DBMS) is therefore an important component of the software stack for platforms supporting these applications. Elastic load balancing is a key requirement for effective resource utilization and operational cost minimization. Efficient techniques for database migration are thus essential for elasticity in a multitenant DBMS. Our vision is a DBMS where multitenancy is viewed as virtualization in the database layer, and migration is a first class notion with the same stature as scalability, availability etc. This paper serves as the first step in this direction. We analyze the various models of database multitenancy, formalize the forms of migration, evaluate the offthe-shelf migration techniques, and identify the design space and research goals for an autonomic and elastic multitenant database. Categories and Subject Descriptors H.2.4 [Database Management]: Systems—Relational...
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...2010 Project of the Year Award 2010 PMI Project of the Year Award Citing groundbreaking technical achievement and exemplary management, the National Ignition Facility (NIF), the first laser expected to achieve fusion ignition in a laboratory setting, has been awarded the Project Management Institute's (PMI's) 2010 Project of the Year (Seaver, Lynda L, n.d.). The Lawrence Livermore National Laboratory in Livermore, CA was tasked to build the National Ignition Facility (NIF) by the Department of Energy (DOE). The NIF is a facility to produce intense pressures and temperatures that may, for the first time, simulate in a laboratory the thermonuclear conditions created in nuclear explosions. The NIF project was approved in 1995. Construction The stadium-sized facility was to be 500,000 square feet. They excavated over 210,000 cubic yards of soil, poured 73,000 cubic yards of concrete, and had more than 7,000 workers completed NIF project three week ahead of schedule and $2M dollars under budget. There were many challenges to overcome. One was the target bay which serves as the target point for 192 lasers had to be installed 45 feet below ground. Concrete had to be poured for 18 hours to overcome this challenge. Another challenge occurred 6 months after the ground breaking when heavy rains from El Nino flooded the NIF worksite. It took wet weather construction engineers 3 weeks to restore the project. Then a month later, crews unearthed the remains of 16,000 year old...
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...2011 Project Management Institute’s Project of the Year Award Research Paper Naressa Hackney Menser Dr. Jacob Ogunlade CIS 517 Project Management October 16, 2011 The Project Management Institute is one of the world leading non-profit membership association organizations in the world. It specializes in education of project management typically for those who are in the project management profession, but is also useful for any person who works with projects in their career. Project Management Institute (PMI) is a Global advocate for program management which is supported by their globally recognized standards, extensive research programs and credentials. PMI offers professional development through offering project management certification and awards. One award that is offered through PMI is the Project of the Year Award. The Project of the Year Award is a annual award that recognizes the accomplishments of a project and the project team for performing superior work on a project and executing exemplary project management. This awards point out the highlights and achievements of a project that followed PMI standards and demonstrated successes throughout the project. Successes in a project could be that it was finished ahead of schedule or it was completed well under budget. The Project of the Year Award is a global award and is awarded regardless of organizational size or PMI affiliation or membership. The only exemptions for participation in the award is current PMI staff...
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...Abstract: A repository is a place where data are stored, eprints are located, multiple databases and files are located for distribution over a network. Final year project is one of the requirements for graduation for all undergraduate students. The existing method of keeping students’ final year project reports is manual. The hardcopy bound reports are stored on physically on shelves. This has some limitations which include sifting through the hardcopies to get relevant information and manually reading through the copies. The processes involved in completing these projects prove to be a tough mission. This paper attempts to develop a web-based repository for the use of undergraduate students embarking on final year projects. It also involves the design of a web forum to enhance collaborative students’ interaction. This is achieved by designing the system using Unified Modeling Language. The databases for both the repository and the web forum were created using MySql as the backend and Dreamweaver as the front-end. The system is a very good resource for getting information about the past undergraduate projects carried out by graduate students. Keywords: Repository, web forum, undergraduate students, final year projects, higher educational institutions 1. Introduction A repository can be defined as a central place where data is stored and maintained. It is a storage area that allows multi-user access to stored resources, when shared. Data in a repository...
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...four projects, A, B, C, and D, and using the Payback Period decision model, which projects do you accept and which projects do you reject with a three year cut-off period for recapturing the initial cash outflow? Assume that the cash flows are equally distributed over the year for Payback Period calculations. |Projects |A |B |C |D | |Cost |$10,000 |$25,000 |$45,000 |$100,000 | |Cash Flow Year One |$4,000 |$2,000 |$10,000 |$40,000 | |Cash Flow Year Two |$4,000 |$8,000 |$15,000 |$30,000 | |Cash Flow Year Three |$4,000 |$14,000 |$20,000 |$20,000 | |Cash Flow Year Four |$4,000 |$20,000 |$20,000 |$10,000 | |Cash Flow year Five |$4,000 |$26,000 |$15,000 |$0 | |Cash Flow Year Six |$4,000 |$32,000 |$10,000 |$0 | Solution Project A: Year One: -$10,000 + $4,000 = $6,000 left to recover Year Two:...
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...Individual Project Individual Project: Project Outline In Part II: Project Outline, the new executive (your Instructor) of your strategic business unit (SBU) asked your team to create a portfolio management process and project selection criteria for use by the SBU. Your executive is very satisfied with the work you did to create this process. In fact, he was so impressed with the process and criteria you defined, he has now asked you to be key players in executing that new process. What follows are the details that will comprise the final deliverable of the project. Your third task in this project is to develop the final deliverable of the module project. This is due no later than the end of week 8. Part II: Project Outline – due at end of week 6: In the annual budget cycle, * Your SBU was allocated €24 million of funding for staff. * Your SBU is currently staffed with 100 people. The average loaded salary of your staff members is €240,000, which includes direct salary, all benefits (which are part of your budget), and all direct charges and capital charges (supplies, computers, travel, rental charges for the space you occupy, equipment, etc.). * In order to continue to employ all 100 staff members, you must allocate €6 million of funding each quarter. It is Monday, April 1. The first quarter of the year has just concluded. * Your SBU spent €6.0 million of the annual funding in the first quarter. * Half of that spending went to projects that were finished...
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...correct. e. All of the statements above are correct. Relevant cash flows Answer: c Diff: E . A company is considering a new project. The company’s CFO plans to calculate the project’s NPV by discounting the relevant cash flows (which include the initial up-front costs, the operating cash flows, and the terminal cash flows) at the company’s cost of capital (WACC). Which of the following factors should the CFO include when estimating the relevant cash flows? a. Any sunk costs associated with the project. b. Any interest expenses associated with the project. c. Any opportunity costs associated with the project. d. Statements b and c are correct. e. All of the statements above are correct. Relevant cash flows Answer: d Diff: E . When evaluating potential projects, which of the following factors should be incorporated as part of a project’s estimated cash flows? a. Any sunk costs that were incurred in the past prior to considering the proposed project. b. Any opportunity costs that are incurred if the project is undertaken. c. Any externalities (both positive and negative) that are incurred if the project is undertaken. d. Statements b and c are correct. e. All of the statements above are correct. Relevant cash flows Answer: b Diff: E . Which of the following statements is most correct? a. When evaluating corporate projects it is important to include all sunk costs in the estimated cash flows. b. When evaluating corporate...
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...Determining Project Coast, Budgeting, and Earned Value Cost Modeling For Professor Douglass Smith By Integrated Project Process Management (MSPM - 6120 - 2) Week 2 Application Spring Session Section B March 12, 2012 Abstract Theoretically, cost modeling is a set of assumptions about future project conditions that guide the projects for organizations of cash flows (Sanghera, 2010). Financial models that are utilized in project finance oft-times are troubled with diverse array problems. The reason for failure in projects is mainly due to not clearly defining and segregating various elements of the model; as well as the failure to include crucial information pertaining to the project. It is good practice to have the person who will be responsible for performing a specific activity to estimate the costs associated with the activity (Gido and Clements, 2010). In this paper we were asked to utilize quantitative analysis to perform 5 year and 10 year cash flow calculations utilizing internal rate of return IRR and Net present value to strategically determine which analysis yields the best fit for the project at hand. Keywords: cost modeling, cash flows, projects, quantitative, analysis, IRR, Internal rate of return, NPV, Net Present Value Developing a baseline schedule for a project is important; in addition the aforementioned it’s also necessary to develop a baseline budget. Baseline cost components of a project depend on the nature, size and location of the...
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...cash outflows (or costs) with the present value of the cash inflows. 4. Under certain conditions, a particular project may have more than one IRR. One condition under which this situation can occur is if, in addition to the initial investment at time = 0, a negative cash flow occurs at the end of the project's life. 5. Conflicts between two mutually exclusive projects, where the NPV method chooses one project but the IRR method chooses the other, should generally be resolved in favor of the project with the higher NPV. 6. A capital budgeting project is acceptable if the rate of return required for such a project is greater than the project's internal rate of return. 7. Any capital budgeting investment rule should depend solely on forecasted cash flows and the opportunity rate of return. The rule itself should not be affected by managers' tastes, the choice of accounting method, or the profitability of other independent projects. 8. The main reason that the NPV method is regarded as being conceptually superior to IRR method for evaluating mutually exclusive investments is that multiple IRRs may exist. 9. Effective capital budgeting can improve the timing of asset acquisition and the quality of assets purchased, thereby providing an opportunity to purchase and install assets before they are needed. 10. An increase in the discount rate used in computing the NPV of a project will lower the value of the...
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