Course Project Part 2—Due Week 4 In project Part 2, we create a schedule and accurate budget for your project. This builds upon the assignment you completed in Part 1. You should correct errors in that assignment before continuing on to this part. You need to focus on detailed cost estimating, scheduling, and cost justification. Estimating a project budget includes cost estimates for each activity in the WBS with specific assumptions made during the estimating process, as well as quantities, unit
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EXECUTIVE SUMMARY Parks Corporation is a company that concentrated mainly on R&D business, doing projects for the Department of Defense. Parks Corporation has changed it’s focus over the years from predominantely R&D business to a low-cost production facility. The recession resulted in the company retrenching a number of employees, the staff compliment going from 6700 to 2200. In 1975, the corporate strategy changed again with the upturn of DoD spending. Parks began to beef up it’s R&D engineering
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comparison of the current year result and performance with the prior result and performance, assess of financial condition, assess of financial operations, compliance with the budget, and overview of Management Discussion and Analysis. Also discussed in this analysis, the auditor’s comments and recommendation about independence, scope, and opinion; and also my recommendation. At the end of this analysis, included the City of Troy’s last 2 year’s performance analysis. Evaluation of Efficiency and Effectiveness
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Strategic Analysis Analysis of internal and external environments SWOT Analysis (Strengths, Weaknesses, Opportunities, and Threats) Elements within the project team’s control What strengths and weaknesses the organization possesses in itself Elements over which the project team has little/no control What opportunities and threats are posed by competitors, suppliers, customers, regulatory agencies, technologies Guiding Principles The vision describes the organization
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Explain the nature, purpose and scope of responsibility accounting According to the text book Managerial Accounting a responsibility accounting system is set up to help control costs assigned to specific units. The website accounting tools.com, goes further to describe it as a system that compiles revenue, cost and profit information at the level of those individual managers most directly responsible for them. The responsibility accounting system involves a performance report. This performance
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that provides direction, oversight, and control. Program managers must be able to influence at this level. They must also facilitate resolution of disagreements between executives. The program manager must ensure that the governance board provides achievable objectives for the program and must deliver to these objectives. Projects may have a similar governance structure. However, they tend to be less governance-intensive. 4. Programs Have Greater Scope of Financial Management Projects typically
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ProjectMinds’ Quick Guide to Project Management By Manjeet Singh msingh@projectminds.com A different kind of copyright No rights reserved. All the parts of this book can be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise. You do not need the prior written permission or authorization
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You can start a new project by defining its objectives, scope, purpose and deliverables to be produced. You'll also hire your project team, setup the Project Office and review the project, to gain approval to begin the next phase. Planning creates an integrated plan outlining in greater detail the various projected aspects of the proposed effort. Cost and scheduling Cost management is the process of planning and controlling the budget of a business. Cost management is a form of management accounting
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large state government Date: 11/12/2014 Vendor name: Aject International Description of deliverables or procurement items (in as much detail as needed to accurately define the proposed work): During initiation phase business plan is designed, scope of project and stakeholders expectations are define. The purpose is developing an online portal for communications between different department and a report system to maintain company data. The vendor will consult the sponsors and stakeholders
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|Course Name: |BSB50407 Diploma of Business Administration | |Unit Name: |BSBPMG510A Manage projects | |Please fill in your details | |Student Number |
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