...Five Questions a Project Manager Should Ask About Every Estimate Anthony A DeMarco, President, PRICE Systems, L.L.C. Introduction Every day, project managers make decisions based on estimates. Since each decision can determine whether a project succeeds or fails, accurate estimates are critical. Projects launched without a rigorous initial estimate are five times more probable of experiencing delays and cancellations. Even projects with sound initial estimates are doomed to overrun cost and schedule budgets if they are not guided by rules of thumb and rigorous estimates-to-complete. Therefore, project managers must be armed with simple metrics and rigorous estimating models to be successful. Simple or complex, there are five questions project managers should ask about every estimate as they define and manage their projects. This paper stresses the value of accurate estimating, the project management discipline developing estimating rules-of-thumb and the application of those metrics to aid successful decision-making. Project Managers must be Accurate Estimators The key to successful project completion is an accurate estimate and a realistic risk assessment. Capers Jones, in a study of two hundred and fifty complex, software-intensive projects identified only twenty-five as successful in achieving their initial cost, schedule and performance objectives. Jones defines a failed project as one that is six months over schedule and fifteen percent over its cost...
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...ONE OR MORE SENSES. THE KEY UNDERSTANDING IS TO RECOGNIZE THAT IS A UNIQUE INTERPRETATION OF THE SITUATION, IN SHORTB IT IS A COGNITIVE PROCESS THAT SHOWS A UNIQUE PICTURE THAT MAY BE DIFFERENT FROM REALITY. PERCEPTION CAN BE DESCRIBED AS THREE PHASE PROCESS OF SELECTING, ORGANIZING, AND INTERPRETING INFORMATION. INTERPRET ORGANIZE SELECT FIG:ELEMENTS OF PERCEPTION IMPORTANCE OF PERCEPTION: * IT HELPS IN SHAPING PERSONALITY. * INTERPERTS WORLD AROUND US. * IT DISTINGUISHES BETWEEN WORLD AND REALITY. * TO UNDERSTAND CONTROL HUMAN SENSE AND BEHAVOUR. PERCEPTION PROCESS: IT IA AN ACTIVE PROCESS, PERCEIVER PLAYS AN IMPORTANT ROLE.THE PERCEIVER ATTEND INPUTS, INTERPRETS THE MEANINH OF THE CONSTUCTION; ACTION INPUUTS INTERPERTATION CONSTRUCTION ATTENTION SENSORY INPUTS PERCEIVER INFLUENCE INPUT SOURCE INFLUENCE FIG:MODEL OF PERCEPTION PROCESS WE TEND TO SELECT OR ATTEND TO: * PATTERN * INTENSITY * REPITITION * CONTRAST * MOTIVES WE CONTRUCT OUR PERCEPTIONS BY: * PROTOTYPES * SCRIPTS * PERCEPTUAL SCHEMA * PHYSICAL CONSTUCTS * ROLE CONSTRUCTS...
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...12 MO23LON-PROJECT MANAGEMENT Project: To build new college for CULC on green field in outer London RESIT COURSEWORK – 1 Mayur Manoharlal Jai Student ID: 4004686 12 MO23LON-PROJECT MANAGEMENT Project: To build new college for CULC on green field in outer London RESIT COURSEWORK – 1 Mayur Manoharlal Jai Student ID: 4004686 Serial No. | INDEX | Page No. | 1 | Blog 1: Scope of project | 2 | 2 | SWOT Analysis | 2 | 3 | TOWS Analysis | 3 | 4 | Work Breakdown Structure (WBS) | 4 | 5 | Blog B: Recommendations for the project:Implementing initiatives of project culture | 5 | 6 | Strategy on risk management | 5 | 7 | Mapping of Stakeholders | 5 | 8 | Culture and healthy environment | 6 | 9 | Activity Schedule | 7 | 10 | Critical Path and Network Analysis | 8 | 11 | BLOG 3: Risk and barriers associated with project Delay in project | 9 | 12 | Conflict with Stakeholders | 9 | 13 | Overcrowded Environment | 10 | 14 | Location of the College | 10 | 15 | References | 11 | TABLE OF CONTENT BLOG 1: Scope of a project The scope of this project is to facilitate CULC with special features and facilities. It will increase number of students nearly about 25% (Guardian 2004). It will maintain the reputation of CULC as a leader with increasing international competition. It will also double its staff which will indirectly increase the employment opportunities. As Greenfield is not over –crowded with less traffic problem, students can learn...
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...COMPANY : PRIME MOVE INFRASTRUCTURE PVT, LTD. PUNE. DURATION : May 2009 to jan2012. Project Details : PUNE CORPORATION ROAD PROJECTS, WATER TREATMENT PLANT, R & D.BUILDINGS. WATER SUPPLY SCHEMES AND WATER RESERVIORS Client : PUNE MUNCIPAL CORPORATION, MAHARASHTRA JEEVAN PRADHIKARAN Project Name : WTP, WATER RESERVOIRS, CONCRETE ROADS PROJECTS CONSULTANT : SHRIKHANDE ASSOCIATES PUNE. DESIGNATION : SR. PROJECT MANAGER COMPANY : R L DALAL CONSTRUCTION CO. PVT.LTD. Mumbai. DURATION : 2005 TO 2009 PROJECT DETAILS : Hindustan city corporation (HCC ) AT LAVASA, PUNE, APPOLLO HOSPITAL AND MERCURE HOTEL. DESIGNATION : Project manager. COMPANY : SHRI BALAJI CONSTUCTIONS PVT. LTD. DURATION : 1995 TO 2005.( Ten years ) PROJECT DETAILS : Tendering for Commercial projects, water supply schemes, etc, and execution DESIGNATION : Engineer COMPANY : COAL INDIA (GOVT. OF INDIA UNDERTAKING) DURATION : 1980 TO 1995 ( Fifteen YEARS ) PROJECT DETAILS : Tendering ,Document preparation,...
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...SECTION 4. ECONOMIC DISPARITIES Employment, income, and the accumulation of wealth are critical for quality of life. Substantial racial disparities in key economic indicators and predictors of life quality continue to be a serious problem for the Pittsburgh area and the nation. This section summarizes recent data on: • • • • • • Homeownership Unemployment Occupations Income Poverty Transportation Pittsburgh’s Racial Demographics: Differences And Disparities 39 © 2007 University of Pittsburgh Section 4. Economic Disparities HomeownersHip Homeownership is an essential part of the “American Dream”. Homeownership provides many benefits to families, children, and communities. These benefits include wealth building, tax reductions, a source of equity for education and other major expenses, a stable residential population, and greater neighborhood safety. Although the number of minorities owning homes has increased over the years, the nation is still far from achieving racial parity in homeownership. Figure 4.1. Homeownership Rates by Race and Ethnicity, 2000 100 80 60 Percent 72 75 73 60 39 34 25 20 16 43 40 38 50 36 53 46 46 40 0 Pittsburgh City Allegheny County White Source: Appendix 4.1 Pittsburgh MSA Asian Hispanic United States African American • Homeownership is lower in the city of Pittsburgh than in the other geographic areas for all of the racial and ethnic groups. • Whites are significantly more likely...
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...QUESTION You are the project manager responsible for the overall construction of a new international airport. Draw a dependency map identifying the major groups of people that are likely to affect the success of this project. Who do you think will be most cooperative? Who do you think will be the least cooperative? Why? As an project manager in building a new international airport, important tasks of the project managers across any work scope or vertical is to ensure that the planned projects get finished well in time within the given budget and the planned time frame. Project management is one of the most high ranking areas of study and plays a meaningful role in organizations across all the scope. The main responsibilities of the project manager contain appropriately and strategically mapping available backup with the project. A project manager need to check and identify the different kinds of risks and also need to identify the danger of the project on time to avoid the delaying in project due date. There are both good and bad side in being as project manager. Some people will help company to finish up the project on time while others may lead to a danger. Likewise is the case of a project manager responsible for the overall construction of a new international airport. The project is huge with lots of stakeholders and unimagined level of complexities.The dependency map drawed in following picture and the were cateorgazid according to most cooperative group and least...
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...Student name:(For individual Assignment) | Lương Minh Đạt (Luke) | Student number:(For individual Assignment) | 2-14080008f | SUBJECT | Business communication | Tutorial group:(For Group Assignment only. Please state individual group member name and in bracket his/her student number) | | LECTURE DAY AND TIME | Monday 1400-1700 | LECTURER/TUTOR | Esther Sia Ee Mei | Title of assignment: | Written Assignment BCOM 101 | Length in words | 4th April 2016 | Date due: | | Date submitted: | | COURSE NAME AND BATCH NUMBER | Diploma in Business Studies Batch 20 (DBS 20) | Declaration: I hold a copy of this assignment if the original is lost or damaged I hereby certify that no part of this assignment or product has been copied from any other student’s work or from any other source except where due acknowledgement is made in the assignment No part of the assignment/product has been written/produced for me by any other person except where collaboration has been authorised by the subject lecturer/tutor concerned I am aware that this work will be reproduced and submitted to plagiarism detection software programs for the purpose of detecting possible plagiarism (which may retain a copy on its database for future plagiarism checking) Signature: ______________________________________ Note: An examiner or lecturer/tutor has the right to not mark this assignment if the above declaration has not been signed. Acknowledged receipt by:Name : ...
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...Kapala Construction Company Case Table of Contents Project Overview………………........ Executive Report……………………. Recommendations………………….. Appendix 1…………………………. Appendix 2…………………………. Appendix 3 ………………………… Appendix 4…………………………. Project Overview The Kapala Construction Company is building the new Kona Country Club Villas project, consisting of 18 buildings, each housing 10 condominiums. Each building will border the Kona Country Club golf course designed by Arnold Palmer. The minimum price for a condominium unit is $275,000, and buyers expect a high-quality project. Response to the initial promotion was so great that Kapala Construction pre-sold all 180 units based solely on an artist’s conception and schematic plans of the project. One reason for the quick sellout may have been the “YOU CAN MOVE IN BY SUMMER” campaign. As part of this campaign, Kapala promised rebates of $10,000 cash to all 180 buyers if all the facilities, buildings and other amenities were not completed by June 15 of next year. As of September 15, the project is well underway. Table 1 provides the details concerning the tasks remaining to be completed in the project. All tasks except for Activity R, the underground sewer activity, and Activity T, the stream building activity, have been assigned to the appropriate subcontractors. The company has already incurred costs in the amount of $30,000,000 (e.g., land costs, etc.). Table 2 shows the list of activities remaining with the...
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...5/15/13 shipping container home Select Language Pow ered by Translate s h i p p i n g Hom e Freew are Cyber Education Energy/Minerals Processes/Structures Fossils/Tim e/Space Flooding Expeditions Aboriginal Links Brow se to Bach c o n t a i n e r h o m e building a shipping container home go to step by step constuction Remote accomodation is always a challenge in difficult terrain. What follows is an example of using two conventional shipping containers to create 90 square meters of living space in dense rainforest adjoining World Heritage Rainforest. The facility, on a nature refuge is used for rainforest research. The terrain is extremely difficult and accessed via a narrow track made by woodcutters in 1928. The techniques are simple and require only very basic skills. They produce a dry, durable ,vermin proof, comfortable, removable facility with a low ecological impact. See also the excellent container home site: KTainer (external link) http://www.geeksville.com/~kathy/ktainer.html (Earth Science Australia thanks the following sponsors for their support) For the best deals on shipping containers visit www.containers.com.au New and used shipping containers for sale visit www.portcontainerservices.com.au High quality water tanks visit www.bushrangerwatertanks.com.au Click on any image for larger image. Step by Step Construction earthsci.org/education/fieldsk/container/container.html 1/11 5/15/13 shipping container home We cleared...
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...Internal Version for BBS Use Only Aggi Nauval Hutama Karya Aspal Beton: Entrepreneur Mindset The entrepreneur process includes all the functions, activities and actions that are the part of perceiving opportunities and creating organizations to pursue them (William Bygrave & Andrew Zacharakis,”Entrepreneurship” 2010) Opening Paragraph Budi Prasetyo, CEO of HK Aston, is preparing big agenda that afternoon. He is busy coordinating big projects of his new office HK Aston. As a subsidiary company of Hutama Karya a State Own Enterprises in construction business, HK Aston have specific mission to be a focus company in managing Asphalt and Steel business. One of the big projects on the pipeline is Tanjung Benoa Toll Road in Bali. First of all HK Aston is a newly startup company set up in 2009 with mission to differentiate services and bring more value to the industry towards better services as a group of businesses. Main purpose setting up subsidiary company with core business of specific services is to gain focus in asphalt services which value added perceive values. HK Aston business operation is still active during the process of spin off from division under Operation Directorate to become full fledge company. Even though setting up a good foundation of strong business need more than just a legal documentation and given business, moreover they must have a strong entrepreneurial spirits towards vision of the new company. In this case Budi will have to manage the three basic questions...
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...3. Paris 1ère partie – 9min. monoloque Qu´est-ce que c´est Paris et Île-de France ? Qu´est-ce que vous savez de l´histoire de Paris ? Comment pouvez-vous diviser Paris ? Quels sont les quartiers importantes ? Quels sont les monuments les plus connus ? Paris est la capitale de la France, située sur la rivière Seine. Elle est presqu’au centre de la France au centre du Bassin parisien dans la région l´Île-de-France. C’est le centre industriel, commercial, culturel, politique, scientifique et administratif du pays. La région parisienne reste la première région industrielle de France.Aujourd’hui, la grande agglomération de Paris compte 10 millions d’habitants, Paris-ville appelée „intra muros“ (d’entre les murs) a une population de 2 500 000 habitants. Administrativement elle est divisée en 20 arrondissements. Chaque arrondissement a son administration, sa mairie et est divisé en 4 quartiers. La popullation est traditionellement repartie suivant la formule „l’ouest aux riches, l’est aux pauvres“ - les habitants infortunés habitent plûtot à l’ouest - 6e, 7e, 8e, 16e, 17e arrondissements; les familles défavorisées sont repoussées progressivement vers la banlieue; les étrangers (8%) se regroupent dans certains quartiers.Paris regroupe tous les principaux centres de décision. À Paris se trouve le siège des directions de toutes les grandes entreprises, banques et firmes commerciales. Ils y siègent toutes les institutions d’État (C´est le siège du président, du gouvernement et...
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...Taj Mahal – A Hindu Shiva Temple-Palace TEJO MAHAL[pic] Islamic dacoits have looted and raped many countries, but no country can tell a bloodier tale of muslim oppression than India! The muslim dacoits started their rule over India in 712 A.D. with the invasion of Mohammed Qasem and looking at the present situation of our country it still continues on today! During their rule they looted and destroyed hundereds of thousands of Hindu temples. Aurangzeb himself destroyed 10,000 Hindu temples during his reign! Some of the larger temples were converted into mosques or other Islamic structures. Ram Janmbhoomi(at Ayodhya) and Krishna Temple(at Mathura) are just two examples. Many others exist! The most evident of such structures is Taj Mahal–a structure supposedly devoted to carnal love by the “great” moghul king Shah Jahan to his favorite wife Mumtaz Mahal. Please keep in my mind that this is the same Shah Jahan who had a harem of 5,000 women and the same Shah Jahan who had a incestuous relationship with his daughter justifing it by saying, ‘a gardner has every right to taste the fruit he has planted’! Is such a person even capable of imagning such a wondrous structure as the Taj Mahal let alone be the architect of it? The answer is no. It cannot be. And it isn’t as has been proven. The Taj Mahal is as much a Islamic structure as is mathematics a muslim discovery! The famous historian Shri P.N. Oak has proven that Taj Mahal is actually Tejo Mahalaya– a shiv temple-palace. His work...
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...9-799-019 REV: MAY 16, 2003 CYNTHIA A. MONTGOMERY Vivendi (A): Revitalizing a French Conglomerate After nearly two decades under the leadership of Guy Dejouany, the November 1995 board meeting of Compagnie Générale des Eaux (CGE) marked not only the end of an era, but the transfer of control to a new captain, Jean-Marie Messier. Besides the obvious difference in age between the 76-year-old Dejouany and the 38-year-old Messier, the contrast between the two in terms of leadership style and strategic direction could not have been sharper. In 1976 when Guy Dejouany took control, CGE was primarily a water utility company with some activities in waste treatment. As the 1980s progressed, reacting to what he saw as “unique opportunities,”1 Dejouany used the cash flow from the core utility businesses to expand into a wide range of ventures. By November 1995, revenues were eleven times the 1976 levels and the company had diversified into a wide variety of businesses including real estate, healthcare, and telecommunications. CGE was one of the largest French companies; indeed, it was in the top 100 companies in the world. (See Exhibit 1.) By the mid-1990s, however, CGE had serious financial problems. In 1995 the company experienced a net loss of 3.6 billion French francs (Frf). The company’s real estate investments had collapsed, and debt levels ballooned. The stagnant share price caused investors to question whether the problems were a blip on the radar or reflected...
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...Health and SafetyGlossary of Health and Safety Terms |A | | |Abnormal Event |An unplanned or unusual event or occurrence. | |Absolute |A non negotiable duty imposed by a regulation when it uses the term 'shall' or 'must' without the qualification of | | |'reasonably practicable'. | |Absorption |The entry of a substance into the body through broken or unbroken skin | |Accident |An undesired event or series of events causing (or with the potential to cause) injury, ill-health or damage. | |Accident Investigation |A systematic investigation of an accident to find out what happened and determine immediate and underlying causes as well as | | |reviewing existing risk assessments, safety procedures and control measures with a view to introducing measures to prevent | | |recurrence. | |Accident Prevention |Measures taken to prevent...
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...Chapter 1 An Introduction to Project, Program, and Portfolio Management LEARNING OBJECTIVES After reading this chapter, you will be able to: Understand the growing need for better project, program, and portfolio management Explain what a project is, provide examples of projects, list various attributes of projects, and describe project constraints Describe project management and discuss key elements of the project management framework, including project stakeholders, the project management knowledge areas, common tools and techniques, and project success factors Discuss the relationship between project, program, and portfolio management and their contribution to enterprise success Describe the project management profession, including suggested skills for project, program, and portfolio managers, the role of professional organizations like the Project Management Institute, the importance of certification and ethics, and the growth of project and portfolio management software 2 OPENING CASE Doug Milis, the Chief Executive Officer (CEO) of Global Construction, Inc., was summarizing annual corporate highlights to the board of directors. Like many other large construction companies, they had a very difficult year. They had to scale down operations and let some employees go. When one of the board members asked what he was most proud of that year, Doug thought for a few seconds, and then replied, “Excellent question, Gabe. Honestly, I think the main reason we survived this...
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