...Answer the following questions: 1) What is a resource? People, equipment & materials necessary to complete a task 2) Why aren't resources assigned to summary tasks? Summary tasks are simply a grouping for a set of related tasks. The indiv tasks require resources but the summary task is just a compilation of those resources. 3) What is the difference between Start, Prorated and End in association with costs? Start – cost applied at the beginning of the task Prorated – cost applied as work is completed End – cost applied when the task is completed 4) Give a real-world example of the difference between a fixed cost and a cost per use? Give a real-world example of the difference between a fixed cost and a cost per use? Fixed Cost: (buy equipment) company bids $500 to clean carpet, cost of airline ticket… Cost Per Use: (rent equipment) Hourly rate on moving van, rental of shampoo machine, landing fee each time plane lands… 5) Why is a fixed cost entered with the task and not the resource? Because the cost is the same no matter how many people, hours, materials used. Not dependent upon the amount of time or number of resources it takes to complete. 6) Why is the resource cost for the Wiring Contractor $0.00? Because the installation of the wiring is a fixed contractual price of $4000 – it will not matter how many hours the contractor takes – still the same price. 7) Which resource is Overallocated and why? Systems...
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...The Integration of AskHR MGMT404 Project Management April 25, 2013 Table of Contents Executive Summary Scope Statement Work Breakdown Structure Network Diagram Risk Management Plan Resource Management Plan Communication Management Plan Executive Summary Several years ago we signed a contract with an outside vendor to handle our HR calls; this company was mostly there to assist during open enrollment and to answer the questions of colleagues as it pertained to their Benefits through our corporation. We set high expectations, however, shortly after the launch we started experiencing longer than usual hold times, and the miscommunication of accurate information began to increase. We received tons of unsatisfactory emails and calls from disgruntle colleagues pleading for an alternative to calling the “solution center.” While we really wanted the experience to be pleasurable, it was extremely difficult to change the already tarnished reputation the vendor had established with our colleagues. After a year and a half of negative feedback we decided to sever ties with the vendor, and the search for alternatives began. After several meetings with the Senior Leadership Team it was determined that providing the type of relatable service that expressed care and concern could only be provided by colleagues of our corporation who understood how Benefits are administered. It was later decided that we would bring our service center in-house and staff the...
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...Corporate Responsibility From a business perspective, working under government contracts can be a very lucrative proposition. In general, a stream of orders keep coming in, revenue increases and the company grows in the aggregate. The obvious downfalls to working in this manner is both higher quality expected as well as the extensive research and documentation required for government contracts. If a part fails to perform correctly it can cause minor glitches as well as problems that can carry serious repercussions, such as in the National Semiconductor case. When both the culpable component and company are found, the question arises of how extensive these repercussions should be. Is the company as an entity liable or do you look into individual employees within that company? From an ethical perspective one would have to look at the mitigating factors of both the employees and their superiors along with the role of others in the failure of these components. Next you would have to analyze the final ruling from a corporate perspective and then we must examine the macro issue of corporate responsibility in order to attempt to find a resolution for cases like these. The first mitigating factor involved in the National Semiconductor case is the uncertainty, on the part of the employees, on the duties that they were assigned. It is plausible that during the testing procedure, an employee couldnt distinguish which parts they were to test under government standards and commercial standards...
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...Objectives - MS Project 2010 * Understanding Project Scheduling * Introduction to Microsoft Project * Working with Project Tasks * Basic views, time scales and reports Whether you are a project manager or not, project management techniques are extremely helpful in meeting goals and objects. Project management techniques define a path to a specified goal and then supervise the implementation. MS Project can help you establish your initial plan as well as monitor progress. MS Project can quickly produce reports and other information that will help keep management, customers, and your project team informed. To get the most from MS Project, not only do you need to understand project management terminology, you also need to be familiar with the software itself. Therefore, do not attempt to quickly finish the lab, but take your time and read all instructions carefully. Understanding Project Scheduling A typical project is composed of tasks and resources. After tasks are identified, you organize the tasks in a logical hierarchy, also called a Work Breakdown Structure (WBS). Eventually, this sequence will show the interdependencies of each task. Then each task is given a duration. In MS Project, this can be in weeks, days, hours or minutes. You can also specify a milestone, which will represent an event that marks the completion of a group of related tasks. To accomplish any task, you need resources. Resources can include people,...
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