...Assignment: Personal Project and Evaluation Methods Garry R. Scott University of Phoenix AET/ 535 June 28, 2014 Instructor: Stephanie Krebs The fundamentals of Program Evaluation I advocate the principle of evaluation definition that asserts that it is a systematic process that is comprised of a collection of analyzed data enabling us make decisive solid decisions. Because evaluation is a systematic process that contributes to the determination as of what level of objectives has previously been realized, in addition to current objectives students are striving to attain; this idyllically empowers a person to make informed decisions. The process will consequently make certain that the established goals are achieved as required by the programs. It is vital to be aware that evaluations are important since it assists in making vital decisions concerning the impact, effectiveness, or efficiency of a certain program (Boulmetis & Dutwin, 2005). Then again, efficiency asserts that the extent to which a project or program has been productive in accordance to its resources while effectiveness establishes to the degree that particular stipulated objectives have been accomplished. Furthermore, impact refers to the degree to which a project or program has brought about various changes in which either could be advantageous or detrimental. Evaluation is essential in evaluating program implementation, fidelity, resource utilization, and to the value of the program...
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...Evaluation of my performance in relation to planning the project Introduction: Planning is a key skill required throughout the life. The purpose of the planning is to find out how the project outcomes will be achieved successfully within both the required quality and timescale. Planning helps to work out the most effective way of reaching your target and prepare to overcome unexpected difficulties in advance. Planning develops the ability to prioritize the tasks. If I did not plan my project I would have not known what tasks I was required to do and what my time limit was, which could have lead ultimately to the failure of the project. The purpose of evaluating my performance in relation to planning is so that I can identify what I did well and what I did not do well. This will help me to carry out better planning in the future I hope that by improving my planning techniques. It will help me in all aspects of my life. Planning techniques used: I used five different techniques to enable me to produce final product. These techniques were action plan, summary action plan, mind maps, Gantt chart and critical path. These are techniques used by professional companies for their planning. The techniques I used were generally effective and helped me to a number of tasks and a final product by the final deadline with required quality. Action plan: To plan my project, first of all I and the other people in the group read the brief and identified the tasks that we would be...
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...Re: Proposing a Project Portfolio Evaluation and Selection Process Executive Summary Taking into account the poor performance of our current projects due to a weak portfolio management process in place, the Operations SBU has come to the determination that if we are to move forward in accommodating new projects along with our existing ones, the current system must be reviewed and redesigned for better decision-making. This proposal defines a framework for project portfolio evaluation and a project selection for adoption and it elaborates on the two phases that involve project screening, selection, prioritizing and balancing. More emphasis is given to the project selection criteria and score model as this is the main area where the gap of knowledge has been identified. Rationale Our recent organizational determination to sustain by controlling costs and expanding our frontiers shall require much effort from all our SBUs and most importantly, it is crucial that we are able to incubate a proper process that shall boost good decision-making and mitigate conflicts when we come to screening multimillion dollar projects and implementing them as part of our operations. The said process shall be about evaluating our project portfolio and devising a methodology of selecting specific projects with the highest probability of helping our company achieve its strategic goals and fulfill our mission. From the Operations SBU perspective, the implementation of new projects without proper categorization...
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...Information Technology Evaluation and Implementation Project Risks Project risk involves understanding potential problems that might occur on the project and how they might impede project success. According to Fuller et.al (2008), “Project risk is an uncertain event or condition that, if it occurs, has a positive or a negative effect on a project objective.” There are many sources of risk that a project may come upon during the project whether it was foreseen or not. Some of the more common sources of risk are those that often overlooked in most projects; lack of determining the project scope, unforeseen costs estimates, unrealistic timelines, and lack of leadership overview. Risk management is the main solution to protect against risks. The goal of project risk management is to minimize potential risks while maximizing potential opportunities. Risk management can be broken into six categories; Risk management planning, risk identification, qualitative risk analysis, quantitative risk analysis, risk response planning, and risk monitoring and control. * Risk management planning is deciding how to best approach and plan the risk management activities for the project * Risk identification determines which risks are likely to affect a project and documenting their characteristics * Qualitative risk analysis characterizes and analyzes risks and then prioritizes their effects to project objectives * Quantitative risk analysis is measuring the...
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...Abstract The following report will provide recommendations in regards to three separate project evaluations. Using three different rates for each of the three projects, the net present value, the internal rate of return, and the payback period will be evaluated in each case. It will also offer project selection recommendations for each scenario based on the net present value, as well as project selection recommendations based on the internal rate of return and the payback period. Project Evaluation The following three projects have been broken down and evaluated based on each of the provided scenarios. The net present value, payback period, and internal rate of return are included for each project. Project 1: | Cash Flows | Year 0 | $ (30,000) | Year 1 | $ 11,000 | Year 2 | $ 11,000 | Year 3 | $ 11,000 | Year 4 | $ 11,000 | Year 5 | $ 11,000 | Scenario 1 – using 5% NPV Rate – Calculations are as follows: -$30,000+ $11,000(1+0.05)1+ $11,000(1+0.05)2+ $11,000(1+0.05)3+ $11,000(1+0.05)4+ $11,000(1+0.05)5 = -$30,000 + $10,476.1905 + $9,977.3243 + $9,502.2136 + $9,049.7272 + $8,618.7878 = $17,624.24 NPV Payback period = 2.727 years IRR = 24.32% Scenario 2 – using 5.5% NPV Rate – Calculations are as follows: -$30,000+ $11,000(1+0.055)1+ $11,000(1+0.055)2+ $11,000(1+0.055)3+ $11,000(1+0.055)4+ $11,000(1+0.055)5 = -$30,000 + $10,426.5403 + $9,882.9766 + $9,367...
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...Human Genome Project Website Evaluation We are humans and we all eat. But have you ever wondered what’s in that banana you’re eating? Is it really just a simple banana that grew on a tree? Or is it perhaps something much, much more complex? It’s 2013 and a big debated issue is argued on genetically modification of food and organisms. The Human Genome Project (HGP) helps people understand and identify what exactly genetically modified food and organisms are (GMO). Publications and webpages on this site were created by the U.S. Department of Energy Genome Program's Biological and Environmental Research Information System and all other materials were provided by “third parties” and not created by the U.S. Department of Energy. The Human Genome Project started in 1990, coordinated by the U.S. Department of Energy and National Institutes of Health, and completed their research in 2003. This thirteen-year study was designed for people to understand what genetically modified organisms are. “The project originally was planned to last 15 years, but rapid technological advances accelerated the completion date to 2003” (Human). When one first enters the site, they can see there are many tabs at the top of the page and side margins directing one to other specific research done by HGP. Along the top of the page, the site provides tabs that explain information on a more in-depth description of genes and what exactly is going on in the microbiology essence, for those who wouldn’t quite...
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...S tatement of the Problem How could ServerVault obtain the confidence of investors in order to raise additional capital tosupport its growth and implement its expansion plans? Objectives y T he group aims to understand and present the burn rate or rate of cash consumptionof the Server Vault company. y T he group aims to come up with a 2 ½ year forecast for the firms statement of cashflow prepared on a monthly basis which would determine the timing and amount of funds to be sought in the firms capital-raising program. y T he group aims to present a 30 month financial forecast of Server Vault to be presentedto the private investors in hopes to raise more capital for building new server hostingfaciltities. y D etermine the operating leverage of the company. y A nalyze how variable and fixed costs affect operating leverage. y I dentify the key drivers that could affect the companys operational efficiency and/orfinancial health. A reas of Consideration Financial Forecast y Capital expenditures . Each new facility would cost 5 to 6$ M US and could hold approximately 5,000 servers depending on the size. o B y last quarter of September of 2000 , another facility can be opened in D ulles, Virginia. o Each quarter of 2001 (beginning in...
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...hired by New Jersey department to do projects analysis. The project chosen is Project IHTRHU. Collection of data, detailed analysis, findings and conclusion method has been conducted in providing comprehensive report. However, some data is limited and assumptions are made for sensivity analysis purpose. There are three significant findings based on the scope management plan and financial analysis conducted. On the scope management plan, it has been found that the tracking and monitoring of performance report was lacking as expert advice was not consulted and project scope was not well defined. Findings revealed that among the three projects, Project IHTRHU is the best project due to highest positive NPV rates based on the financial analysis. The discussion analysis comprises IRR, discounted rate, hurdles rate, cash flow, inflation and interest rate for the sole purpose of investment returns. As observed the scope management plan is overall good. Recommendation for improvement on report and tracking performance can be enhanced in avoiding delay and mitigate risk. Also, various financial methods has been used to determine quick cash flow returns. Calculation on NPV is the best recommendation provided based on the exclusive mutually project factor as well as financial analysis views concluded from scholars. Contents Executive Summary………………………………………………………………………… ………… i 1. Introduction 1 1.1 Project Background 1 2. Critical Analysis of...
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...TEAM AGREEMENT MKTG 322-Internet Marketing Team Members: Email: Phone: | What organization will you study for this Group Project? (it needs to be a large, well-known organization that uses multiple social media channels) Team Procedures (with team consensus, complete the sections below) | 1. Will there be regularly scheduled team communication? If so, identify the dates/times: Group 3 will not have a scheduled time or day to communicate. Will communicate when needed. 2. Preferred method of communication (e.g., individual e-mails, , Blackboard discussion, telephone calls,) to inform each other of team meetings, announcement, updates, reminders, problems: Communication will be through individual emails, text messages and postings on the Group Discussion Board. 3. When inquiries are made by members, what will be the expected turn-around time for responses from team-members: Members will have an expected one day turn-around time for responses 4. Identify what, if any, time extensions will be given to team members who do not meet their task due dates…also identify at what point other team members will accept the additional task responsibilities from the offending team member, thereby, effectively REMOVING the member from the team: A one day time extension is permissible upon notification by the member to the team leader via email or by phone requesting that they need more time. If a team member fails to complete their...
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...what the evaluation and validation process entails. Further I am proud to let you know and understand the model of evaluation and the four levels in evaluation of programs. Evaluation simply means assessing the worth or the value of the program. It is an appraisal to determine whether the activity to be evaluated is worth. According to Sinclair, (2002) it is an attempt to assess the training with an objective of improving it. Validation is a concept which is used to describe the program and the outcome. The activity deals with testing and assessing whether the program has an internal validation. It also involves assessing whether the objectives are based on accurate determination of training needs. There are two forms of evaluating a training program. They include formative and summative evaluations are forms of evaluation in a training program. Summative evaluation is conducted in the early stages of the evaluation process primarily deals with the planning and implementation process. On the other hand, summative evaluation aims at assessing the outcome of the program and focus on determining the relationship that exist between various factors in the outcome Kirkpatrick, (2007). Donald K developed a model used in evaluation of training. The model of evaluation has been in use for many decades by the training community. The model places premium in measuring the kind of outcomes that surfaces after completion of a rigorous training. The four kind of evaluation includes...
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...team members to accomplish. Liz and Warren need to make sure that projects are prioritized, assign who is responsible for what part of each project; this will allow everyone to know what is going on and also give the team a sense of structure that they need. They know what the expectations are and so they should coordinate resources among Senior Staff to ensure these projects are executed. The senior team needs to understand their role in the decision-making process in order to make things fun more smoothly. CanGo senior management can build its effectiveness through members’ collective impact on the business, focus on alignment, and identify critical dependencies within the organization’s most strategically important activities. 2. Problem: CanGo’s performance evaluation process appears to be ineffective with no clear criteria that would help the company, managers and the employee’s progress towards the future. Recommendation: CanGo’s current evaluation system, as presented by Warren, is a great start to developing a fair and productive work environment. The system has to be clear and concise so it benefits the employee, manager and ultimately the company. Although CanGo may have a large number of high performing employees, they need to be separated clearly and fairly in order to have a better understanding of who is deserving of pay and who is not. The whole purpose of an evaluation is to help a company measure job...
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...of next semester. The PI’s identified are: a. Teaching: To carry a weightage of 30% and comprise of completion of syllabus, no of tests/assessments, remedial classes, students feedback and diversity in teaching pedagogy b. Results: To carry a weightage of 30% and measured through university results, average marks factored for subject difficulty index and correlation with university pattern and the performance of the branch as a whole. c. Activities related to student deliverables: Weightage20%: comprising of industry visits, industry projects, guest lectures, workshops, social projects, maintenance projects, research projects with students. d. Activities related to organization’s development: Weightage 10%; comprising of admission process, seminars, research grants, tsep, etc e. Activities to contribute to the branch: Weightage 10% comprising of research papers, grants for projects, consultancy projects, industry alliances etc Based on the system status and data capturing at present, we can compute the first two parameters which relate to academics. Once the system is structured and data capture capability is built in, a comprehensive system can be...
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...collaborative manner in an effort to support in coordinating design, development, validation, and documentation of systems & components. Provide technical support in response to customer needs and typically interacting with engineers at commercial, industrial, and other establishments. Collaborate with other personnel throughout the organization. Assess customer needs and develop solutions utilizing company resources to meet those needs. Communicate project specifics with company’s operational personnel to ensure that the objective of the project is accomplished in accordance with the customers schedule and needs. Provide accurate and current progress reports to management on the status of work activities including critical customer-related activities, and other projects as assigned. Product development, product improvement and product testing. Lab and Field performance testing. Project specific performance improvements. Customer correspondence for all field related performance issues. Lead retrofit implementation projects. Work with cooling tower manufacturers and other vendors on design improvements. Technical training for technicians and sales. Maintain equipment performance certifications. Create and update equipment technical documents. Field technical customer issue calls. Trouble shooting. Key Requirement (Job Specifications): Degree...
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...life. Students will analyze a range of challenging literary texts from various periods, countries, and cultures; interpret and evaluate informational and graphic texts; and create oral, written, and media texts in a variety of forms. An important focus will be on using academic language coherently and confidently, selecting the reading strategies best suited to particular texts and particular purposes for reading, and developing greater control in writing. The course is intended to prepare students for university, college, or the workplace. Assessment and Evaluation To promote student success, ongoing formative assessment and feedback will be given to students. As required by the Ministry of Education, students will be assessed in the four areas of the achievement chart. The chart below provides percentages for each category. The chart below provides the strands under each assignment will be evaluated. All evaluations are expected on the due date, however, they will be also accepted up and until the ultimate due date at 11:59pm. Given the short timelines for e-Summer School, it is strongly recommended that students work to the original deadlines. Assignments will not be accepted after the ultimate due date and students will receive a grade of zero. Exceptions will be made if the instructor is provided with a medical certificate. Due to the condensed nature of e-Summer School, timing is crucial. Do not fall behind in your...
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...Abstract This paper will conduct a perspective view on the modern personnel evaluation system of three Arkansas agencies because job evaluations provides plans that are necessarily to provide its own standards of job worth. There would be insight on key factors that should be considered while implementing public personnel evaluations systems. In addition, there would be an outlook on the challenges of public managers that should consider implementing a public personnel evaluation system Introduction To get the accurate measure of your employees’ performance must be organize. Organization set the content of the job with tasks that are associated with knowledge, skills, and abilities. Evaluations make statements just not for individuals but for the agency. Discussion State Agencies Performance evaluation is the measure of the job value. “All that is required is a job evaluation system that is relatively free of bias and ultimately acceptable to both management and labor.” (Tompkins, 1987) Arkansas Department of Health, Department of Humans Services, Department of Finance and Administration all conduct performance evaluations on employees. These agencies uses a performance evaluation and the total duty area score must equal 100%. Second, the performance evaluation system is the same criteria of satisfactory, above average, satisfactory, and unsatisfactory in the rating period. In addition, there must be a justification for rating. The difference with Arkansas...
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