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Critical path analysis is identified as significant aid in project planning. Though, there are numerous issues to be aware of when coverting CPM-based plan to reality and actually executing project.
Explain situation where you could see using Incremental Project Management Life Cycle. What would be some of ramifications if PM didn't monitor and control project?
Explain the impact of manager's actions on the food and beverage operation. Write seven conditions in which a manager's actions either indirectly or directly affect guest's dining experience.
Explain the significance of the project kick-off meeting, and what requires to be reviewed in that meeting. Explain a project kick off meeting you have attended or hosted.
Write down the different kinds of risk which organizations face? Write down the benefits of risk management? How do you find out whether risk is typical or corporate and why is it significant to mak
Calculate division's current ROI, ROI of project, and find out if Oakley Co. should accept this project based upon above data.
Why is a conductor of the orchestra the suitable metaphor for being the project manager? Explain aspects of project managing which are not reflected by metaphor?
Write down the effects of the organization's structure and culture on role and authority of project manager? How can these affect project success?
Control. Does system offer sufficient controls to protect against fraud and embezzlement and to guarantee accuracy and security of data and information?
Write down the difference between time-constrained project and resource-constrained project. Explain industries which typically have time-constrained projects, resource-constrained projects, or both
Assume only one project can be selected and annual earnings approximate cash flows excluding finance charges, which project must be selected?
Each month on average 600 customers utilize ATM to withdrawal cash. How much cash must bank keep at an ATM if its annual cost of money is 10%? How frequently must bank replenish the ATM?
Recognize some items which might go wrong in this kind of project (i.e., write down some of the risks in this project) and explain how you, as PM, would assess and respond to such project risks.
Describe difference between Macro and Micro risk management. Consider the project you have worked on in past couple of years and give explanation.
Customer must be in and out of drive in facility within average of 8 minutes including waiting time. If first local wishes to meet this standard must it lease new high speed equipment?
Assume Zymase has debt of $110 million due at the time of the project's payoff. Determine which project has the highest expected for equity holders?
In the discussion, explain pros and cons of this marketing idea suggested by company from both financial and nonfinancial perspective.
contributes $42,000 in cash to business to get 20 percent interest in partnership. Goodwill is to be recorded. Four partners share all profits and losses equally. After E makes this investment, writ
Now that your organization is profitable, country is taking incentives back. How do you find out residual value at the end of project life?
Draw evaluation form to be used by functional employees after project termination to estimate effectiveness of project manager.
Do you have to delegate responsibility for tasks to others? Write down some of the difficulties you face while trying to delegate responsibility?
Activities b and h can be shortened to minimum of 2 weeks. Which activity would you shorten to decrease project duration by 2 weeks? WHY? Illustrate critical path.
Can project manager effectively estimate functional employee on technical performance? If not, then on what information can project manager base his estimations?
Write down the advantages and disadvantages of micromanagement? Write down the advantages and disadvantages of emphasizing relationships over accomplishment of specific project goals?
A new asset with the 3-year tax life is to be used in 5-year project. Asset cost $200,000 and will be depreciated based on MACRS. Determine the net salvage value of the asset?