6 Apr. 2011. Q. 1 Ans. Project network showing 20 general activities in order: I would most often make use of the past history to estimate the time for each activity, because the past events generate best and most practical information regarding all activities…
Expert opinion comes as a secondary thing. Although it is not advisable to rely solely on the expert opinion, yet it is quite rational to seek expert opinion for approval or slight adjustment of the durations estimated using past history. An estimator may solely rely upon past history to estimate the duration of activities without seeking the expert opinion, but he/she can not solely rely upon expert opinion without checking the past history for the time estimates. In rare cases, when past history is not available for a certain activity, then its time is estimated using mathematical derivation. Mathematical derivation is the empirical and the least reliable method of estimating the time of activities, yet it has to be used in the absence of past history. Again, like a second check is made for the past history by seeking expert opinion, expert opinion should also be taken to modify the time calculated using mathematical derivation, to make it more reliable. It is better for Joe to make use of AOA method because it is simpler. Also, it gives clear information regarding FF and TF. Joe should see the level of details he requires and choose the method accordingly. Q. 2 Ans. Issues that weigh in favor of crashing the project are that BCC will not have to face the liquidated damages as the project would be finished within time. ...
Cite this document
(“Project Management Article Example | Topics and Well Written Essays - 500 words”, n.d.)
Retrieved from https://studentshare.net/other/26384-project-management
(Project Management Article Example | Topics and Well Written Essays - 500 Words)
“Project Management Article Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.net/other/26384-project-management.
The bigger the enterprise, the larger investment is need for the protection of its assets. Project managers are expected to be competent in their job, alongside the people who form a group that will work to make sure they will not be compromising the life of the enterprise.
Based on the needs of our clients, we come up with customized solutions for every situation. Our professional and friendly team is ever ready to understand your requirements and offer a complete package at competitive prices. We advise our clients on global market trends, strategic business models and other financial products.
It is expected that recommendations will solve the immediate problem with software. The company uses Windows XP and Word XP, Windows 2000 and Word 2000 and Windows 98 and Word 97. The aim of the analysis is to evaluate adaptability of the proposed software to other programs and a possible use in other projects.
The art of managing the project effectively requires managers to achieve project objective with minimum possible resources. Project managers have to face various limitations like time, budget and quality when they have to complete a
Another cause of user dissatisfaction might be poor adaptation to business change, which this project really needed as it was a long spanned project. A periodic assessment of business change was required.
However, when a firm is in trouble, it understands that change is necessary to keep up with the trends and avoid obsolescence.
2. The characters in ‘Who Moved My Cheese?’ represent two firms – one which sees the impending doom and the other which
The research objective of the article is to provide an in-depth understanding on the important operational problems facing service organizations. The other objective of the research is the use of the results on the operational problems facing service
5 Pages(1250 words)Article
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Article on topic Project Management for FREE!