Reflective 9) Networks are adaptable and useful for all scheduling challenges that an organization faces. Answer: FALSE Diff: 2 Section: 10.5 Controversies in the Use of Networks Skill: Factual AACSB Tag: Reflective 10) Most activity estimations using PERT methods lead to overly optimistic activity duration estimates. Answer: TRUE Diff: 2 Section: 10.5
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Project Management Office The project office is the office or department responsible for establishing, maintaining, and enforcing project management processes, procedures, and standards. It provides services, support, and certification for project managers [web definition]. In a broader sense, if an organization undertakes one or two project at any given time, it may able to easily implement project management discipline. However, the larger an organization gets, and the more projects that are executed
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Scheduling (when to do the job) is the process by which all resources needed for specific jobs are allocated, coordinated, and synchronized at the proper time and place, with necessary access, so that work can be executed with minimal delay and completed by the agreed upon date, within budget estimates. The schedule establishes when jobs will be done and what resources can best be applied to their performance. Resources include manpower, materials, tools and special equipment. Access refers to when
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FACULTY OF MEDIA, INFORMATION & COMMUNICATIONS TECHNOLOGY BACHELOR OF SCIENCE IN INFORMATION TECHNOLOGY IT PROJECT MANAGEMENT YEAR 3 SEMESTER 1 1 Registered with the Department of Higher Education as a Private Higher Education Institution under the Higher Education Act, 1997. Registration Certificate No. 2000/HE07/008 FACULTY OF MEDIA INFORMATION AND COMMUNICATION TECHNOLOGY QUALIFICATION TITLE BSc INFORMATION TECHNOLOGY LEARNER GUIDE MODULE: IT PROJECT MANAGEMENT (1ST SEMESTER) PREPARED ON
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Intl Project Management Cost & finance Part 2 : Tools and techniques SupdeCo La Rochelle (H. Khatchadourian) Aligned with the PMBOK® Guide Fourth Edition 1 Investment Concept & project investment Investment : basics The process of compounding and discounting Compound interest and future value (FV) of a single payment (« lump sums ») FVn = PV(1+I)n With N number of period (= years, quarters,months) I interest rate PV present value FV future value at end of year « n » Step-by-step
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Project Management-C101 Section A Part One: 1. C) Project 2. C) Lower cost of capital 3. D) Projects involve little uncertainty 4. C) Meeting communications goals 5. A) Proposal 6. A) Project Management 7. A) Strategic, tactical 8. B) Program 9. D) Technical skills 10. B) Process Part Two: Q1. Project management is a one-time carefully planned and organized effort to achieve a specific goal. Project management includes: Developing a project plan, which
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Journal of Business & Economics Research – July 2005 Volume 3, Number 7 Operations Research And Operations Management: From Selective Optimization To System Optimization Jack A. Fuller, (E-mail: jfuller@wvu.edu), West Virginia University C. Lee Martinec, West Virginia University ABSTRACT The focus of this research paper is to discuss the development of Operations Management (OM) and Operations Research (OR) with respect to their use within the organization’s decision-making structure. In
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Welcome to Week 1! Project Scope Definition and WBS In this course, we will explore project cost and schedule control! The focus of this week is developing the scope and the work breakdown structure (WBS). We will use the WBS to specifically detail the tasks required to complete any project. The scope is the starting document of a project. It defines the project. The WBS is created from the scope and is the basis on which several other project documents, such as the budget and schedule, will be
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Table of Contents Executive Summary 4 1.0 Introduction 5 3.0 Project Implementation 5 3.1 Implementation Planning 5 3.1.1 Project Brief 5 3.1.2 Work Breakdown Structure 6 3.1.3 Sub Units 7 3.2 Project Implementation Control 7 3.2.1 Control Point Identification Chart 7 3.2.2 Milestone Charts 8 3.2.3 Project and Budget Control Charts 9 3.2.4 Network Diagrams 10 4.0 Use of a Gantt Chart 10 5.0 Project Evaluation Techniques 12 5.1 Project Constraints 13 5.2 Project Stakeholders 13 5
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Project Management-C101 Section A Part One: 1. C) Project 2. C) Lower cost of capital 3. D) Projects involve little uncertainty 4. C) Meeting communications goals 5. A) Proposal 6. A) Project Management 7. A) Strategic, tactical 8. B) Program 9. D) Technical skills 10. B) Process Part Two: Q1. Project management is a one-time carefully planned and organized effort to achieve a specific goal. Project management includes: Developing a project plan, which
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