...Project Management II 1. Which projects would you recommend Handstar pursue based on the NPV approach? * The spreadsheet bellow summarizes the NPV calculations for the six projects assuming the development costs are incurred at the end of year zero and each product has a three-year life. Since the six projects require a total of 13,025 development hours and only 10,000 hours are available, one or more projects will need to be postponed or eliminated from further consideration. If we start with the project with the highest NPV, the Browser project would be selected first requiring 1,875 hours of development time. Next, the Trip Planner would be selected requiring an additional 6,250 hours of development time. The project with the next highest NPV is the Spreadsheet project. However, this project requires 2,500 hours and only 1,875 hours are available after selecting the Browser and Trip Planner projects. The project with the next highest NPV is the Calendar/Email project which requires 1,250 hours of development time leaving 625 hours available. Of the remaining projects, the Portfolio Tracker requires too many hours while the Expense Report project can be completed with the hours available. Thus, Browser, Trip Planner, Calendar/Email, and the Expense Report projects would be selected based on the NPV approach. 2. Assume the founders weigh a project’s NPV twice as much as both obtaining/retaining a leadership position and use of the Internet. Use...
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...Page Course Project Part II Military Retirement Ceremony Keller Graduate School of Management PROJ 595 – Project Risk Management Phillip Thatcher October 24, 2014 Edward Yerington TABLE OF CONTENTS Project Risks for Planning a Military Retirement Ceremony Course Project Part I ………………………………………………………………………………………….3,4,5,6,7,8,9 Introduction……………………………………………………………………………………………………………………………10 Decision Tree Analysis……………………………………………………………………………………………………………11 Discussion of Decision Tree…………………………………………………………………………………………………..12 Fault Tree……………………………………………………………………………………………………………………………….13 Discussion of Fault Tree………………………………………………………………………………………………………..14 Conclusions…………………………………………………………………………………………………………………………….15 Works cited…………………………………………………………………………………………………………………………….16 Introduction The Project Manager or the Commanding Officer of this project is responsible for the implementation of the Project Risk Management Plan. A formal detailed plan is required for these large complex and high-risk projects. These projects require a specified treatment plan to monitor and control risk. However, for smaller less complicated projects the risk plan is usually combined into the daily operations of the project tasks. In which I will assign to the appropriate sections. Such was the case for the planning a Military Retirement Ceremony. This report will discuss how risk were identified, prioritized and monitored for the project of planning of...
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...Alvaro M. Alegre Professor Russell Green Composition II Free-range parenting: What is so bad about it? Even though the fear of kidnapping when kids are left alone is present on many parents the benefits of allowing children to work and play independently builds confidence and skills. Kids take risks naturally (climbing to the top of a monkey bar, jumping out of the stairs) despite the potential of failure because they want to grasp new skills and becoming more mature and responsible of their own actions. When I was a kid growing up in Peru I remember every single kid in my neighborhood would be at the park jumping and running around. I even remember going with my buddies to the local store that was about 10 block away of our houses. It is just the way you grew up over there. Yes, you see some parents at the park watching out for their kids too but that was usually to the facts that the kids were too small or have no older siblings to watch for them. That is why when I move to the suburbs of Virginia, at the age of 17, surprised me to see all the parks and streets deserted, no kids playing ball or running around. When I start doing my research for this project I learned a lot about the way people see this “free-range” parenting. I think that just putting labels it’s problematic, like Ruth Paris, a professor at Boston University’s School of Social Work, said “generally speaking, parents should make decisions based on their family dynamics, not because they subscribe to...
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...Paleo Project II: Neandertal Project The first members of our species, Homo sapiens, dates back to around 500,000 years ago with the emergence of archaic humans. Originating in Africa, these species migrated to other parts of the Old World (Lecture Week 14). The fossils discovered of archaic humans in different parts of the Old World were found to have slight differences among them. The fossils found of archaic Homo sapiens in Europe had Neandertal-like characteristics, signifying the origins of Neandertal. The Neandertal lived during a period of time that also overlapped with modern Homo sapiens. The Neandertals occupied the majority of Europe and parts of the Middle East from around 100,000 to 30,000 years ago, while modern humans date back...
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...An analysis of stakeholder management in Project Management of the Tianjin Binhai airport expansion “Phase II” Yuan Aiying 2025888 Dissertation submitted in partial fulfillment for the degree of Master of Science in Management University of Stirling August 2012 Abstract This dissertation aims to evaluate the stakeholder management of the Tianjin Binhai airport’ Phase II project which started in the 2009 and is predicted finishing in 2014. Through gathering the perspectives and expectation of five stakeholders for this project: the Tianjin Binhai airport‘s top manager, the project manager, Civil Aviation Administration of China, the airport internal staffs and passengers, the strengths and weaknesses of the stakeholder management in the Phase II project management. The strengths mainly reflect firstly, the good understanding of the airport managers and staff for the demands of the passengers and combine effectively these demands in the design of Phase II project. Secondly, all estimated stakeholders support and expect good return for the project. Moreover, thirdly, they reach an agreement for the long plan of the airport operation. On contrast, the weaknesses include firstly, some staffs have negative mood for the project and there is poor cooperation between airport different departments. Secondly, both the predication for the airport operation and the identification of the largest shareholder between two stakeholders are different. For the definition of the...
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...Catastrophic Failure Risk - Empire State Building John R. South, Jr. Keller Graduate School of Management PM 595 Project Risk Management Professor Bill Ketterman February 11, 2011 Table of Contents Catastrophic Failure Title Page 1 Table of Contents 2 Introduction 3 Sources of Construction Risks 4 Systems to Address Project Risk 8 Discussion of Fault Trees 10 Conclusion 13 References 15 Appendix I - III 16 Introduction As the contractor that will construct the largest building during this time period, we must first review the facts about this building. New York City's soaring skyline wouldn't be the same without the Empire State Building. Reaching 1,250 feet, it holds the title of the seventh tallest building in the world. It remained the world’s tallest building for 41 years until the World Trade Center topped it off and seven followed. Built during the depression in 1930 and 1931, it cost a whopping 41 million dollars. The engineer who took on this giant project was H.G. Balcom. The design of the building changed 16 times during planning, but the 3,000 workers managed to pull it off in record timing, 1 year and 45 days, including holidays and Sundays. This skyscraper is made of 60,000 tons of steel, 200,000 cubic feet of Indiana limestone and granite, 10 million bricks, and 730 tons of aluminum and stainless steel. In 1945, a B-25 Bomber on its way to Newark Airport in New Jersey crashed into the 79th floor only causing minor damage luckily...
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...Ban Cell Phone Use While Driving Amber R. Muniz Kaplan University Ban Cell Phone Use While Driving A cell phone wielding driver weaving in and out of traffic and drifting across lanes, because they are completely distracted by the device in their hand, may be all too familiar. When using a cell phone while driving, it impairs the persons driving abilities as much as a person with a 0.08 blood alcohol level. Think of the drivers that you pass daily; how many were using cell phones? Imagine if all of those drivers were drinking instead of using their cell phones behind the wheel. Cell phone use while driving is dangerous because it causes slower response time and reduces the situational awareness of the driver. The best solution to this issue is to ban the use of cell phones while driving. “Motor vehicle crashes are the number one cause of death in the United States for 3 to 34 year olds. Crashes are among the top three causes of death throughout a person’s lifetime. They also are the number one cause of work-related death. Annually, more U.S. soldiers are killed in crashes in privately-owned vehicles than all other Army ground accidents combined” (National Safety Council, 2010) Distracted drivers using cell phones cause about 2,600 traffic fatalities and 330,000 accidents every year (Richtel, 2009). Many drivers talk, text, and respond to their e-mails while trying to drive. People that use cell phone while driving are not aware of their surroundings....
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...Business Project- Part II Baker College: Intro to Business Management 101 Devin N. Burns October 30th, 2015 Whole Foods Market brands themselves as “America's Healthiest Grocery Store.” They were founded in 1980, when four local business people decided that the natural food industry was ready for supermarket format. They started with one small store in Austin, Texas and now are the worlds leader in natural and organic foods, with 431 stores in North America and the United Kingdom. Much of the growth of this fortune 500 company, has been accomplished through mergers and acquisitions. They operate as a high profitable corporation while maintaining an aura of commitment to social justice and environmental responsibility. Although Whole Foods Market operates on a profit, it also has established three non-profit organizations; Whole Kids Foundation, Whole Planet Foundation, and Whole Cities Foundation. 100% of donations help to support and achieve the mission of each of these organizations. Many of Whole Food Markets distributors and global partners are contributors to these organizations. Whole Foods Market is not only a highly successful business, but a movement in shaping the future of a world that values human creativity, diversity, and individual choice. Whole Foods Market, the first National Certified Organic Grocer in the United States, is a Fortune 500 company and ranked as the 10th-largest food and drug store in the United States. The four founders of Whole...
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...¿Tiene el producto SK-II el potencial suficiente para convertirse en una marca global de las operaciones internacionales de P&G? Para poder valorar si la marca SK-II tiene el potencial de internacionalización suficiente he estructurado mi argumentación empleando una matriz DAFO, en la que el objeto del análisis interno será la propia marca SK-II; y el análisis externo englobará tanto las capacidades y limitaciones de P&G como los drivers y barriers que definen el sector del cuidado de la piel y los cosméticos. Fortalezas [de la marca] Producto con un alto margen de beneficio Producto de alta calidad y gran innovación, que es percibido por el cliente (confirmado por las mujeres japonesas que son, probablemente, las consumidoras más exigentes del mundo en este sector) La marca cubre una necesidad potencial de los consumidores Éxito previo de la marca en diferentes mercados asiáticos: Japón, Taiwán y Hong-Kong P&G puede explotar ese éxito en el resto del mundo Oportunidad para ampliar la línea de producto (extensión de la marca) y para innovar en el servicio (los Beauty Innovation Systems-BIS) ofreciendo un valor añadido para los clientes Debilidades [de la marca] Producto de lujo con un precio muy elevado lo que puede suponer un ennichamiento de la marca en segmentos pequeños de mercado Producto difícil de usar (6-8 pasos) que requiere de un entrenamiento previo del consumidor Bajo “Brand awareness” a nivel mundial (exceptuando Japón) Dificultad...
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...Work Related Project Analysis Part 2 Paper Name BSA/376 April 3, 2013 John Neels Work Related Paper 2 Marketing is defined as an organizational function and a set of processes for creating, communicating and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders. (Kerin, Hartley, Berkowitz, & Rudelius, 2006) Kudler is interested in expanding its service offering to add a catering service in addition to the in-store parties. Kudler has many opportunities for this new service and if done correctly a proper marketing mix. “The marketing mix is the manager’s controllable factors. They are the product, price, promotion and place that can be used to solve a marketing problem. “(Kerin, Hartley, Berkowitz, & Rudelius, 2006). Kudler needs to develop the proper marketing mix in order to undergo the least amount of risk in this new business venture. According to previous marketing surveys taken by Kudler in 2006 and 2007, most of the functions of the store are rated at agree and higher. There are a few things that need to be worked on. One also has to understand that you cannot satisfy every customer. This shows that the reporter that documented the results was honest because some negative responses to questions exist. One should evaluate 2006 surveys first then one can see if there has been any improvement in the areas that need improvement. In 2006, if more than 50 % of the clientele voted positively...
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...Richman Investments Removable Media Acceptable Use Policy Policy statement It is the goal of Richman Investments to implement the controlled use of removable media devices that transfer information by all users who have access to any means of data within the company. Objective This form is an official Richman Investments document pertaining to the establishment of principles and working practices that are to be abided by all users in order for data to be safely stored and transferred by means of a removable device. The importance of controlling removable media and the objective of this policy is to: 1. Prohibit any unauthorized disclosure of information as may be necessary to company policy. 2. Maintain data integrity. 3. Build network integrity by instilling confidence and trust with data on the network. 4. Keep high standards of security with the use of protected and restricted data. 5. Avoid malicious network intusions. 6. Prevent unintended or malicious harm on the Richman Investments data network. Applicable Parties This policy applies to all Richman Investment employees, members, committees, business partners, third party IT services, guests, or anyone who is approved access to the data network, IT hardware resources, or any equipment with means of access to files within Richman Investments. Removable Devices Defined 1. USB Memory sticks (flash drive) 2. USB or external hard drive 3. Media Card Readers 4. Embedded microchips...
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...1. Philips is an electronics company that focuses on a wide array of electronic related goods since its early beginnings with light-bulbs in 1892. However, the journey of being a leading consumer electronics company didn’t go without a few bumps on the road that leads it to its prominence. In relation to the question, Philips became the leading consumer electronics company in global terms due to its decisive attempt of organizational development. In order to be very competitive, strong research would be vital to its success and survival in the company’s post war era. It wasn’t a success at first try, but after recapturing their target market through successive roles of CEO’s with strong incentives, it slowly began to regain its corporate goals of success. The most important period in the company’s history in terms of overturning its slow growth would be during the Boonstra’s Reorganization period. At the end of this period, the company succeeded in achieving the objective of retaining a 24% return on net assets which eventually increased the market value of the firm by five-fold. The consequential growth was the result of shifting major corporate resources to marketing, including 40% increase in advertising which was an attempt to raise awareness of the firm. At the beginning of the last decade, the firm still continued their interest on broad range of volatile, high-volume products such as consumer electronics, semiconductors, and components. For a company to grow, it needs...
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...Few memories as a failure on a major project from half a decade ago still vividly remains in memories. As a Research Assistant to Tim, it was my first paid job. Tim, an Engineer, worked in silos and had driver social style to his heart beat. He only communicated the expectations without delving in the details that he had in his mind. Even though the Office space was a closed knit space for 16 students, Tim seldom hung out with people to build personal relationships. He only interacted with others when there was a need. His lack of explanation on why the project was needed had left me wondering regarding purpose and design aspects of the new programming project. I struggled on how to effectively design the project and often sought help from other people, who recommended me that the project needed investment in new programming platform as old platform was incapable of achieving the project objectives. After making almost no progress on the project and wasting time in attempts to make old platform workable, I received a vehement email from Tim, stating that XYZ Inc. was deciding to scale back on funding, as no progress reports were submitted. I was shocked to learn that I was even expected to submit progress reports at the end of quarter on the undertaken project in which I had neither any clue nor communication. As an amiable person, I was too quick to reach an agreement with Tim on project deliverables. I had thought that I would be receiving friendly advice and guidance from...
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...and answer document, uploaded to D2L dropbox. You will have to find an IT professional to interview on your own. Description of this assignment 1. Each student needs to find a candidate for a Post-implementation Review (PIR) report describing an information systems development project. 2. Where can you find an information technology professional to interview? You will have to find an IT professional to interview on your own. 3. If you work for a business or government organization, you should consider interviewing the IT/MIS director for your organization. If you work P/T or F/T in any reasonably sized organization, it is likely that there are some IT workers around (like help desk staff, programmers, analysts, network technicians or even IT managers). It can even be a friend, relative or acquaintance you know who works in such a job. 4. The following is a list of themes that you could address in the interview: Please do not write this paper in question and answer format. Use the questions below to help guide the interview. ▪ What type of job does he/she do? For whom? ▪ What projects is he/she currently working on for the organization? ▪ What projects has he/she recently completed? ▪ What IT applications has the firm recently implemented? ▪ Were the most recently applications developed in-house, were they outsourced development or were they application software packages that were customized and purchased? ...
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...Kempen | C402/C405 | Extend Diploma Mechanical Engineering EDENGM22A/B | Peter Kempen | C402/C405 | | GCSE English | Katherine Davey | G4 | GCSE English | Katherine Davey | G4 | | AS English Literature | Francesca Thomas | A58 | | | | | Archaeology: Unit 1 | Caroline Wilcox | B254 | Archaeology: Unit 2 | Caroline Wilcox | B254 | | Vocational Business assignment completion | Kemi Osoba | A49 | Vocational Business assignment completion | Bekoe Newman | A49 | | Vocational Sport and Travel Tourism assignment completion | Danny Chilvers | A50 | Vocational Sport and Travel Tourism assignment completion | Danny Chilvers | A50 | | AS /A2 GraphicsExtend Diploma Year 2 Final Major Project | Mark Pearson | Art Rooms | AS /A2 GraphicsExtend Diploma Year 2 Final Major Project | Mark Pearson | Art Rooms | Spring Term Revision Schedule 2013-14 Week 1 | Tuesday 8th April | | Morning session 10.00-12.00 | Afternoon Session 1.00-3.00 | | Subject/course | Teacher | Room | Subject/course | Teacher | Room | | A2 Business (China Research Theme) | Nessa | A25 | AS Business | Nessa | A25 | | A2 Economics | Charles | G5 | AS Economics | Charles | | | AS Business | Sarah (11.00-12.30) | A39 | A2 Business (Higher level exam technique) | Sarah | A39 | | AS Law | Amina | A26 | | | | | Vocational Business assignment completion | Kemi Osoba | A49 | Vocational Business assignment completion | Bekoe Newman | A49...
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