...The Markit PMI, or the Purchasing Managers’ Index, tracks business conditions over thirty counties, becoming one of the most closely watched economic indicators in the world. By analyzing variables such as output, net orders, unemployment, and prices across key sectors, this index provides information regarding the private sector economy. Ultimately, economic analysts, business decision makers, forecasters, banks, and policy makers, often use PMI to understand the business conditions of a particular economy. The Institute for Supply Management (ISM), is the non-profit group responsible for updating and releasing the PMI. As a monthly ISM Report on Business, information is released based on five different “sub-indicators.” These five indicators include the production level, new orders from customers, supplier deliveries, inventories, and employment level. In order to establish the data, the index of the sub-indicators are established by surveying more than 400 purchasing managers worldwide. The purpose of the PMI is to offer reliable fact-based information on a monthly basis. Unlike other indexes, the PMI is produces at a much faster rate, and uses the same methodology as international comparisons. Likewise, PMI is used readily due to its numerous conveniences. In fact, one of PMI’s advantages is that the information is released on a fixed time cycle, the first day following the survey month. It is also found that the Purchasing Manager’s Index is an excellent predictor, especially...
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...IS Success Model in E-Learning Context Based on Students' Perceptions Freeze, Ronald D; Alshare, Khaled A; Lane, Peggy L; Wen, H Joseph. Journal of Information Systems Education21.2 (2010): 173-184. The title captures the objective of the study which is to evaluate the success of the E-learning based on the IS success model. Abstract This study utilized the Information Systems Success (ISS) model in examining e-learning systems success. The study was built on the premise that system quality (SQ) and information quality (IQ) influence system use and user satisfaction, which in turn impact system success. A structural equation model (SEM), using LISREL, was used to test the measurement and structural models using a convenience sample of 674 students at a Midwestern university. The results revealed that both system quality and information quality had significant positive impact on user satisfaction and system use. Additionally, the results showed that user satisfaction, compared to system use, had a stronger impact on system success. Implications for educators and researchers are reported. Keywords: IS Success, E-Learning, User satisfaction, System use, System quality, Information quality 1. INTRODUCTION Both undergraduate and graduate courses are experiencing a migration away from the traditional classroom and toward a greater emphasis for electronic delivery of content (Allen and Seaman, 2008). This trend cuts across all departments and schools in the university...
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...Universidad Mariano Gálvez de Guatemala Sede Retalhuleu Universidad Mariano Gálvez de Guatemala Sede Retalhuleu Investigación Sobre PMI y PMBOK Juan Antonio Rivera Mérida 2790-12-5756 11 de febrero de 2016 PMI (Project Management Institute) Es la asociación profesional sin fines de lucro más importante y de mayor crecimiento a nivel mundial que tiene como misión convertir a la gerencia y administración de proyectos como la actividad indispensable y necesaria para obtener resultados de cualquier actividad de negocios y proyectos. Cuenta con medio millón de miembros e individuos titulares de sus certificados en 180 países. Avanza la profesión de la dirección de proyectos a través de estándares y certificaciones reconocidas mundialmente, a través de comunidades de colaboración, de un extenso programa de investigación y de oportunidades de desarrollo profesional. El PMI ofrece una serie de certificaciones que reconocen el conocimiento y la competencia, incluyendo la certificación del profesional en dirección de proyectos (PMP). Sus principales objetivos son: * Formular estándares profesionales de Gestiona de Proyectos. * Generar Conocimiento a través de investigación. * Promover la gestión de proyectos como profesión a través de sus programas de certificación. Actualmente el Project Management Institute ofrece seis tipos de certificación: 1. Asociado en gestión de proyectos certificado (CAPM): es aquel que ha demostrado una base común de conocimientos...
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...Omar Abu baker What makes us feel good about our work? Dan Ariely presentation about “what makes us feel good about our work” explained what motivated and inspired people to work hard. Meaning is what pushes people to work hard and love what they do, so people need to find the meaning for their work to understand and love what they do. As Dan explained meaning is equal to motivation in the revised model of labor, and people can give more at work when they find the meaning. Motivation is not about payment is also includes more things such as meaning, ownership and pride. Positive things about the presentation: * Challenge and fight motivate people to work hard. * People look for the meaning when they work. * Legos example explained the point of meaning and motivation. * Meaning can increase the work efficiency and performance. * Meaning motivate people to love the work. * Care and pay attention for people motivate people for better performance. * Adding motivation is not that difficult to do at work. Negative things about the presentation: * Depression is a result of ignoring people work. * Eliminating motivation is bad for people performance. * Workers come to the work late and leave early as result of depression from the CEO. * Student felt sad and frustrated after worked hard but the project cancelled. * People would quit or feel bad when don’t find meaning for their work. * Ignoring people work...
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...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 and regrouped...
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...Youku & Tudou Integration Plan MMA Final Project Video Our Soul ------Integration plan for Youku.com & Tudou.com By Sean / Jack / Stephen / Bing On March 12th 2012, Youku, a leading Chinese online video Web site, is buying its biggest domestic competitor, Tudou, in an acquisition valued at $1.1 billion. This acquisition is expected to create an online video goliath, whose domestic market share will have achieved 35.5 % by the end of the merger. As two Hi-tech Internet company with limited operating history, the integration work in the real world may face unexpected and troublesome problem in the fast changing online video industry. Our final project tries to give a comprehensive integration scheme to this case. Contents 1. Integration Plan Introduction Brand management / corporate culture / company objectives / integration framework 2. Human Resource Overall strategy / Action Plan 3. Information System Combined or Separate Action Plan? / Server System / R&D / Procurement 4. Finance Overview / Financial needs 5. Integration plan summary 1 / 29 Youku & Tudou Integration Plan MMA Final Project 1. Integration plan introduction In this part we will introduce how we decide the new company’s corporate strategy and how to design specific integration action plan accordingly. Highlights: We decide to preserve Youku and Tudou’s brand but use different brand positioning. The united corporate culture – speed, innovation, diverse, client service The united...
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...Saturday, August 29, 2015 Prepared for Dr. Onu Prepared by: Jim Valdivia Purpose: Customized Project Management Toolbox for case study: EMC with PMI; Excellence on a Global Scale. A PM’s ‘toolbox’ includes numerous tools and techniques. In order to produce a successful project, a PM must integrate the shareholder’s needs and expectations with the knowledge areas (Carstens, D., Richardson, G., Smith, R., 2013) as illustrated below. Stakeholders’needs and Expectations | 9 Knowledge Areas | | ProjectSuccess | | Core Functions | | | | Scope Mgt. | Time Mgt. | Cost Mgt. | Quality Mgt. | | | | | | | | | | | PROJECT INTEGRATION MANAGEMENT | | | | | | | | | | | HR Mgt. | Communication Mgt. | Risk Mgt. | Procure Mgt. | | | | Facilitating Functions | | | 1. Stakeholders. I would begin the customization of my management toolbox by taking the time necessary to identify the unique groups and individuals for the project. With limited resources in a highly competitive market, I would want to do everything possible to ensure that relationships that matter the most for the benefit of the project were the focus. I would want to cluster the candidates according to common needs and expectations. I would start by asking key questions. Does the candidate have a fundamental impact on the success of the project? Can the PM clearly identify what is desired from this candidate? Does the PM want to foster growth in this relationship? Can...
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...individual practitioners. We believe that we can advance our profession, both individually and collectively, by embracing this Code of Ethics and Professional Conduct. We also believe that this Code will assist us in making wise decisions, particularly when faced with difficult situations where we may be asked to compromise our integrity or our values. Our hope that this Code of Ethics and Professional Conduct will serve as a catalyst for others to study, deliberate, and write about ethics and values. Further, we hope that this Code will ultimately be used to build upon and evolve our profession. 1.2 Persons to Whom the Code Applies The Code of Ethics and Professional Conduct applies to: 1.2.1 All PMI members 1.2.2 Individuals who are not members of PMI but meet one or more of the following criteria: .1 Non-members...
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...Associate in Project Management (CAPM)® * Project Management Professional (PMP)® * Program Management Professional (PgMP)® * PMI Agile Certified Practitioner (PMI-ACP)SM * PMI Risk Management Professional (PMI-RMP)® * PMI Scheduling Professional (PMI-SP)® Already have a PMI certificate PMI Educational Foundation Mission and Vision Join PMI Educational Foundation in Building Better Futures through project Management. PMI Educational Foundation (PMIEF), the philanthropic arm of PMI, announces the Building Better Futures capital campaign to expand its mission to champion project management knowledge and skill for educational and social good globally. Donations to the campaign support sustainable programs that further the very project management principles and practices that project management practitioners, employers and suppliers believe in by developing: * A Better Prepared Project Management Workforce for the Future * A Better Prepared Society for Future Success * A Better Prepared Response in Future Times of Need Donations to the Building Better Futures campaign demonstrate a clear commitment to bringing the benefits of project management to all elements of society and to building better and more sustainable futures for individuals and communities around the world. What is PMI? Project Management Institute (PMI) is one of the world's largest professional membership associations,with half a million members and credential holders in more than...
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...New Orleans New Orleans, LA 70148 swandler@uno.edu Kevin Watson College of Business Administration Iowa State University Ames, IA 50011 kwatson@iastate.edu *Corresponding Author Abstract Medical is based on a real situation occurring at an Orthopedic Medical practice in Colorado. While attending a trade show Dr. Jones, the managing partner at Sunset Medical, was approached by a medical consulting firm, Physicians Medical Inc. (PMI), to provide the practice billing and administrative services. Dr. Jones decided to hire PMI and signed a contract in February of 2011. Based on the interim financial statements that were released in June of 2011, Dr. Jones gave PMI control of the overall day to day operations of the practice. PMI immediately relieved the office manager of her duties and took over all operations of the practice. In early 2012, the 2011 financial statements were released and were not as impressive as the mid-year results. Dr. Jones is now worried that the increased power given to PMI may have been a mistake and has asked you to give a full assessment of the situation. The case is suitable for an introductory Financial or Managerial Accounting class at the M.B.A. level once the students have a working knowledge of the financial statements. The students must critically evaluate contract language and financial statements to examine ethical dilemmas that face businesses. Introduction Dr. Sally Jones, a practicing...
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...move structure is rather unusual, as the evaluation constitutes the vast majority, hence the textual analysis will primarily revolve around the lines 1 - 15, and incorporate the evaluation as supplementary information. The media text embraces all of the appeal forms to a certain degree, and uses argumentative discourse to persuade the reader. The primary appeal form is undeniably logos, which also aligns with the previously defined expository move structure. With the primary focus on logos, PMI undertake a historical approach to persuade the reader of litigation being insufficient as a means of control. An example of logos is found in line 38 - 44, where PMI elaborate on past and ongoing litigations. PMI utilize repetitions and enumerations of the countries implicated, which substantiate and emphasize PMI’s claim that litigations are tedious and futile. Additionally, repetition of countries involved is also an example of epiphora, as they are mentioned at the end of successive phrases. PMI have through their extensive use of logos tried to achieve a percieved role of expertise, hence eliminating the need to include an expert to validate the claims. However, the idea of including an expert is to...
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...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, contractors or consultants, anyone who performed acts under contract to PMI directly or indirectly, member of the PMI’s Board of Directors or those in nomination or under evaluation processes and Board members. Individuals or organizations that do not comply with PMI practices or procedures which includes the PMI’s Code of Ethics and Professional Conduct are not eligible to receive the award...
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...Guide) – Fifth Edition Licensed To: Jorge Diego Fuentes Sanchez PMI MemberID: 2399412 This copy is a PMI Member benefit, not for distribution, sale, or reproduction. Library of Congress Cataloging-in-Publication Data A guide to the project management body of knowledge (PMBOK® guide). -- Fifth edition. pages cm Includes bibliographical references and index. ISBN 978-1-935589-67-9 (pbk. : alk. paper) 1. Project management. I. Project Management Institute. II. Title: PMBOK guide. HD69.P75G845 2013 658.4’04--dc23 2012046112 ISBN: 978-1-935589-67-9 Published by: Project Management Institute, Inc. 14 Campus Boulevard Newtown Square, Pennsylvania 19073-3299 USA Phone: +610-356-4600 Fax: +610-356-4647 Email: customercare@pmi.org Internet: www.PMI.org ©2013 Project Management Institute, Inc. All rights reserved. “PMI”, the PMI logo, “PMP”, the PMP logo, “PMBOK”, “PgMP”, “Project Management Journal”, “PM Network”, and the PMI Today logo are registered marks of Project Management Institute, Inc. The Quarter Globe Design is a trademark of the Project Management Institute, Inc. For a comprehensive list of PMI marks, contact the PMI Legal Department. PMI Publications welcomes corrections and comments on its books. Please feel free to send comments on typographical, formatting, or other errors. Simply make a copy of the relevant page of the book, mark the error, and send it to: Book Editor, PMI Publications, 14 Campus Boulevard, Newtown Square, PA 19073-3299 USA...
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...a timeline of nine months was set. Though the exponential growth in investor funds took care of the project’s financing there was a great deficit in experienced and certified project managers to run the complex projects with aggressive deadlines. The MOP thus needed to strengthen the human capital for the project’s efficiency. The solution for the MOP lay in replacing the outmoded project management principles used for past projects with modern techniques and practices by adopting a structure based on standards from the Project Management Institute (PMI). In the process MOP sought internationally ways to maximize the project and human capital value. It met with PMI leaders who emphasized the significance of elevating MOP’s Project management office (PMO) to a strategic role within the organization in line with the MOP’s strategic goals. In 2006, the executive secretary of the project management committee for the MOP, attended PMI global congress...
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...Business Administration University of New Orleans New Orleans, LA 70148 swandler@uno.edu Kevin Watson College of Business Administration Iowa State University Ames, IA 50011 kwatson@iastate.edu Abstract Medical is based on a real situation occurring at an Orthopedic Medical practice in Colorado. While attending a trade show Dr. Jones, the managing partner at Sunset Medical, was approached by a medical consulting firm, Physicians Medical Inc. (PMI), to provide the practice billing and administrative services. Dr. Jones decided to hire PMI and signed a contract in February of 2011. Based on the interim financial statements that were released in June of 2011, Dr. Jones gave PMI control of the overall day to day operations of the practice. PMI immediately relieved the office manager of her duties and took over all operations of the practice. In early 2012, the 2011 financial statements were released and were not as impressive as the mid-year results. Dr. Jones is now worried that the increased power given to PMI may have been a mistake and has asked you to give a full assessment of the situation. Introduction Dr. Sally Jones, a practicing Orthopedic Surgeon, is the managing partner at Sunset Medical3, a professional corporation located in Colorado. Sunset, which has been in business for approximately 10 years, is a small medical practice with 2010 revenues of just over $1,000,000. The practice employs a support staff that includes an...
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