Project Portfolio Management Essays (Examples)

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Project Management in Discussions Week Project Portfolio

Words: 682 Length: 2 Pages Document Type: Essay Paper #: 5492932

Project Management

In Discussions week, project portfolio management selecting projects. Explain meaning statement. The books suppose additional resources: Kerzner, H. (2010) Project management practices: achieving global excellence.

"Project portfolio management is more than selecting projects"

Managing a project portfolio can be analogized to managing an investment portfolio. While the selection of the component entities of the portfolio are certainly important, it is not enough to merely select good investments -- these 'investments' or projects must be managed. "By optimizing, balancing and continually fine-tuning their portfolios, active investors try to maximize short- and long-term returns and reduce overall risk, thereby achieving larger financial and/or business objectives" (Hays 2011). Similarly, the managers of the project "can identify, evaluate and rank investment opportunities. They can direct resources to the highest-payback projects and cull marginal ones. They can target expenditures more effectively to the most worthwhile initiatives and optimize their performance and execution" (Hays…… [Read More]

References

Hays, Ian S. (2011). Managing the project. Consulting Services. Retrieved:

 http://www.clarity-consulting.com/managing_the_project_portfolio.htm 

Kerzner, H. (2010) Project management best practices: achieving global excellence. 2nd ed.

Hoboken, NJ: John Wiley.
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Portfolio Management Involves Managing Several

Words: 863 Length: 2 Pages Document Type: Essay Paper #: 34337922

The projects portfolio was handled by a head that had the people who concentrated fully in projects implementation, the Human esource department on the other concentrated on rewards like benefits, compensation and pensions, resourcing, organizational development and design, employee relations and development and learning. However, over the years, many organizations have been continually undergoing alignment, which means integration of the decisions about the employees with the decisions about the results that the organization is striving to achieve.

Jeff Sacht, (2010) points out the fact that many organizations have moved to the consultative partnering roles rather than the autonomous departmental confines. This alignment has integrated almost all departments into the firms planning process, stressing on each departments engagements and activities that contribute to the wider mission and goal of the firm as well as make stronger the ties and relationships between the departments and the management, one of them being the…… [Read More]

References

Jeff Sacht, (2010). Integrated Line Management and HR Planning. Retrieved August 30, 2011

from  http://www.workinfo.com/free/downloads/107.htm 

Plan View Inc., (2011). Enterprise Portfolio Management. Retrieved August 30, 2011

from http://www.planview.com/products/enterprise/enterprise-portfolio-management/
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Portfolio Management Ensures That Projects Have a

Words: 588 Length: 2 Pages Document Type: Essay Paper #: 60091083

portfolio management "ensures that projects have a set of objectives, which when followed brings about the expected results" (Project portfolio management, 2013, Tutorials Point). Some of the tools of project management include the following: cost and benefits analysis; progress reports; planning of resources; deploying systematic methods of evaluating and scheduling projects; and creating a continual loop of communication within the organization. To facilitate this process requires organizational leadership that can establish a clear vision and overall goals, yet also is able to communicate with every level of the hierarchy regarding changes in the environment. The development of systematized processes for planning and resource allocation are essential, given that the planning of projects (which are often contingent upon one another and use overlapping resources) is just as important as the selection of high-quality projects.

"Organizations that have achieved best practice have a clear understanding of the value creation process. They have…… [Read More]

Bibliography

Best practices portfolio management. 2013. Priority System. Available from:

 http://www.prioritysystem.com/reasons6b.html  (21 September 2013)

Kerzner, H. 2010. Project management: Best practices: Achieving global excellence, 293 -- 296

Project portfolio management. 2013. Tutorials Point. Available from:
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Portfolio Management Project Risk Tolerance

Words: 1018 Length: 4 Pages Document Type: Essay Paper #: 19919116



Joy Global's success is tied to the cyclical mining industry. The firm's current P/E is 12.38, indicating a mature operating environment. As commodities markets begin to improve, growth in the mining business will pick up. Increased growth will improve Joy's multiple, perhaps up to 15 times. This will give the company a stock price of $64.95.

CTrip has a P/E of 77.21, very high but supported by the firm's high growth rate. Interest in China tourism will continue to grow at a faster rate than overall economic growth. As a result, the multiple is justified. Earnings will continue to improve at their historic rate, given the company an expected future share value of $143.61.

Gerdau's success is tied to industrial development in Brazil. The P/E is currently 64.40, which indicates a high level of growth. The Brazilian has performed well in recent years, but its growth is volatile. Gerdau's growth…… [Read More]

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It Portfolio Management Systems Portfolio

Words: 4890 Length: 15 Pages Document Type: Essay Paper #: 57138336

In fact, an incoherent approach to it can lead to negative effects such as escalation of costs and lowering of efficiencies. It portfolio management addresses this key issue right from the conceptual stage of projects. The portfolio approach ensures that it projects are implemented with shared commitment, within the statutory framework. Some of the important measures implemented are:

Collaborative decision making for key and large scale projects

Stakeholder commitment and support for successful implementation of it projects

Internal stakeholders justify the it projects to external stakeholders and accountable for successful implementation

Stakeholders offer expertise and grant resources to address and overcome the project challenges at various stages

Specific project requirements are in line with the common-user, shared, state it infrastructure

Strategic value of it portfolio management: Four investment categories have been identified in the portfolio approach, within which every it investment can be measured in terms of strategic value to…… [Read More]

References

Bicknell, D. (9 July 1998) "Clark Kent holds Keys to Project Success" Computer Weekly

Chaffey, D; Bocij, P; Greasley, a; Hickie, S. (2003) "Business Information Systems" Financial Times: Prentice Hall

Department of Information Services. "Characteristics of Portfolio-based it Management" available at http://www.dis.wa.gov/portfolio/html_files/itportfoliomanagementpolicy.htm. Accessed on 10 October, 2004

James, J. (August 20, 2004) "Portfolio Management Courts CIOs" CIO Information Network. Available at www.cioupdate.com/trends/article.php/3397761Accessed on 10 October, 2004
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Prioritizing the IT Project Portfolio

Words: 1450 Length: 5 Pages Document Type: Essay Paper #: 18988042

The John Deere Health Pan was conceived of to provide quality health care at reasonable costs for its many employees, and also for its non-employees in Deere and Company in the states of Illinois and Iowa and Tennessee and Virginia. (McCollum, John Deere Health cultivates successful IT Project Management)

What Michael McCollum felt was that his IT department was like the IT Department at many other corporations, with many more projects than appropriate resources for them, and no practical and effective method with which to prioritize them, and to make a definitive analysis of which project would have a greater impact on the company, and which the least. In the same way, the organization lacked the means by which a particular project could be assigned with appropriate resources to the appropriate person, and more often than not, priority was decided on the requestor's persistent efforts, or on his management skills…… [Read More]

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Portfolio Management Project

Words: 4930 Length: 17 Pages Document Type: Essay Paper #: 69381068

Stock

Portfolio Management Project

Selected 10 companies

Company

Symbol

purchase date purchase price

Apple, Inc.

APPL

Industry/Sector: Technology/Personal Computer -- Investment Style: Large Growth

Brocade

BCD

Communications Systems Inc.

Industry/Sector: Technology/Data Storage -- Investment Style: Small Growth

Joy Global Inc.

JOYG

Industry/Sector: Farm/Const/Mach -- Investment Style: Large Growth

Ctrip.com

CTP

Industry/Sector: Consumer Services -- Investment Style: International

Gerdau SA

GGB

Industry/Sector: Steal & Iron -- Investment Style: International

Gol Linhas

GOL

Aereas Inteligentes SA

Industry/Sector: egional Airline -- Investment Style: International

Green Mountain

GMC

10/21/2009

Coffee oasters Inc.

Industry/Sector: Processed Pkgd gds -- Investment Style: Small Growth

io Tinto PLC

TP

10/21 / 2009

Industry/Sector: Steal & Iron -- Investment Style: International

Vale SA

VALE

10/21/09

26.90

Industry/Sector: Steal & Iron -- Investment Style: International

Wendys/Arbys

WEN

10/21/09

4.08

Group Inc.

Industry/Sector: estaurants -- Investment Style: Small Growth

Introduction

Investing today is about taking advantage of growth from a broader…… [Read More]

Reference Model (OSI) Layer 2-3 switches and routers, which enable the use of bandwidth-intensive network business applications and digital entertainment on local area networks and wide area networks. Its Application Delivery Controller segment offers OSI Layer 4-7 switches that allow enterprises and service providers to build network infrastructures to direct the flow of traffic, as well as provides file area network products and associated management solutions. The company's Global Services segment includes break/fix maintenance, extended warranty, installation, consulting, network management, related software maintenance, and telecommunications services that assist customers in designing, implementing, deploying, and managing networking solutions, as well as post-contract customer support and customer support services. It offers its products and services to end-user customers directly and through various distribution partners, including original equipment manufacturers, distributors, systems integrators, and value-added resellers in the United States, western Europe, Japan, and the greater Asia Pacific region. The company was founded in 1995 and is headquartered in San Jose, California. (Yahoo Finance)

Industry: Data Storage Devices

BRCD SECTOR / INDUSTRY MEMBERSHIP

Sector:

Technology
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Management Has to Do With the Knowledge

Words: 3494 Length: 11 Pages Document Type: Essay Paper #: 47868103

management has to do with the knowledge of the resources a company uses in running their daily affairs. It also involves effective projection of additional resources that could be needed along the way, and the maximization of the available resources. Maximizing the efficiency of the available resources and the ability to put some of them in reserve are part of Cost Management. Some scholars define cost management as the of cost setting up systems of accounting and models for the provision of guidance in relation to current and future operations in order to achieve specified objectives. They also believe that analyzing and interpreting cost information is vital and aids the processes of decision making. Basically, between a client and a contractor, cost management refers to the final cost of a construction project (Dubois, 2003).

The major reason for the analysis of cost management is to find a more effective final…… [Read More]

References

Ansari, S., Swenson, D., Bell, J. And Kim, W. (2003): Best Practice in Target Costing. Management Accounting Quarterly, Winter 2003, Vol.4, No.2, pp.12-17.

Baker, W. (2002): Eliminate Non-Value-Added Costs. Industrial Management, May/June 2002, Vol.44, Issue 3, pp.22-27.

Carr, D. And Smith R. (2000): Change Management. In: Brinker, B. (ed.): Guide To Cost Management. John Wiley & Sons, Inc. New York, pp.128-143.

Cokins, G. (2001): Activity-Based Cost Management: An Executive's Guide. John Wiley & Sons, New York.
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Project Charter

Words: 1816 Length: 7 Pages Document Type: Essay Paper #: 8517232

Astra Zeneca

Project Proposal to Streamline Operational Processes

The pharmaceutical industry in general is undergoing extreme amounts of external pressures. Not only has the economic environment since the global recession been less than ideal, but there are increasing regulatory pressures and healthcare reforms that are also expected to dramatically change the environment in which AstraZeneca operates. It is in this environment that the organization must streamline its operations so that it can be more lean and flexible when adapting to the new landscape that will emerge in the near future.

This project proposal outlines a project portfolio management program that can be implemented to ensure the organization can eliminate any unneeded waste in its operations. This portfolio will be implemented across many divisions and will require a schedule of one year. Each division will have an individual project that is tailored to a scope that suites there individual department's needs.…… [Read More]

Works Cited

AstraZeneca Global. (N.d.). About Us. Retrieved from AstraZeneca Global: http://www.astrazeneca.com/About-Us

Benta, D. (2011). On Best Practices for Rick Management in Complex Projects. Informatica Economica, 142-152.

Hirschier, B. (2013, June 10). AstraZeneca buys U.S. lung drug firm Pearl for up to $1.15 billion. Retrieved from Reuters: http://www.reuters.com/article/2013/06/10/us-astrazeneca-pearl-idUSBRE95904U20130610

WHO. (N.d.). Pharmaceutical Industry. Retrieved from World Health Organization: http://www.who.int/trade/glossary/story073/en/index.html
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Essentials of Project Management

Words: 2048 Length: 6 Pages Document Type: Essay Paper #: 44602208

Project Management/Essentials of Project Management

Nearly all businesses require project management. Having held a position as project manager with a reputable company, I have come to learn that the effective project manager is one who comprehends and is aware of the need to provide sound leadership to help deliver projects within the set budget and on time.

Being an Effective Project Manager

While working in a software company, I noticed that an effective manager must know and understand the 'iron triangle' of project management. This approach is also at times referred to as the 'triple constraints' of project management. An effective project manager is capable of taking advantage of all opportunities that present themselves during the course of the project to ensure development of team synergy (Project Smart, 2015).

This is to say that the effective project managers establish a network that is supportive of all people involved. They start…… [Read More]

References

Brown, K. A., & Hyer, N.L. (2010) Managing projects: A team-based approach. New York, NY: McGraw Hill/Irwin.

Hassan, A. (2006). Project Scheduling (PERT/CPM). CISC 322 Software Architecture. USA: John Wiley and Sons, Inc.

Huckman, R.S., Staats, B.R., & Upton, D.M. (2007). Team Familiarity, Role Experience, and Performance: Evidence from Indian Software Services. Confidential Draft. Retrieved on 18th September, 2015 from https://www.google.co.in/url?sa=t&source=web&rct=j&url=http://www.hbs.edu/faculty/Publication%2520Files/08-019_0dffce35-4c1d-4ceb-b3ad-d547bc30470c.pdf&ved=0CBkQFjAAahUKEwjevZWxmYHIAhUGcI4KHZBhCfs&usg=AFQjCNER1rq_Bx0886KAtFYW-oI8CetoDg

Jun, L., Qiuzhen, W., & Qingguo, M. (2010). The effects of project uncertainty and risk management on IS development project performance: A vendor perspective. International Journal of Project Management. 29. pp 923-933. Science Direct Database. doi:10.1016/j.ijproman.2010.11.002
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Project Management and the Transformation System

Words: 4240 Length: 17 Pages Document Type: Essay Paper #: 19629590

Project Management and the Transformation System

In this research paper, the author discussed he concept of project management employing in a construction firm. The author described briefly, the mission of construction organization, i.e. its product and services, intended markets, and how the product or service is distinct from those offered by competitors. The author also analyzed the scope of integration of project management concepts such as; Project Planning, Portfolio, Life Cycle, Team Management, Scheduling and Controlling the Project. Firms can benefit by integrating project management concepts to overcome the issues like team management, planning and managing. A project is considered winning if it completes on time, goes on to follows a pre-set schedule, remain within the provided budget, and finally its customers are pleased. For successful completion and for the satisfaction of costumers, it should have a specific time frame and must achieve the prior set targets by deploying resources…… [Read More]

References

Bennet F. Lawrence (2003), The management of construction: a project life cycle approach, UK: Oxford: Butterworth-Heinemann

Derek Torrington and Laura Hall (2001), Personnel Management HRM in Action, UK: Prentice Financial times

Gail Blackstone (2003), Performance Management in Project Management, UK: Journal of Personnel Management

Gelbard, R. & Carmeli, A. (2009). The interactive effect of team dynamics and organizational support on ICT project success. International Journal of Project Management, 27(2), 464 -470. doi:10.1016/j.ijproman.2008.07.005
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Project Schedule and Risk Management Are Some

Words: 1026 Length: 3 Pages Document Type: Essay Paper #: 9750308

Project schedule and risk management are some of the most important components of project management. These components play a crucial role in project planning, which is a process used to organize various areas of a project such as workloads and management of the project team. Project schedule basically refers to a listing of the activities or tasks, milestones, and deliverables of a project that includes the expected start and finish dates ("Project Scheduling," n.d.). isk management is a process through which a project manager and team predicts risks, estimates impacts of these risks on the project, and describe reactions to these issues. This process usually involves the preparation of a risk management plan or outline in order to accomplish these goals.

Definition of What Needs to be Done:

One of the most important aspects to consider when developing a project schedule is all the work that needs to be completed.…… [Read More]

References:

Harris, S. (n.d.). How to Implement An Effective Risk Management Team. Retrieved January 23,

2014, from  http://searchsecurity.techtarget.com/tip/How-to-implement-an-effective-risk-management-team 

"Project Schedule Development." (n.d.). Mind Tools -- Essential Skills for An Excellent Career.

Retrieved January 23, 2014, from http://www.mindtools.com/pages/article/newPPM_71.htm
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Project Leadership Roles Common Roles in a

Words: 967 Length: 3 Pages Document Type: Essay Paper #: 69086435

Project Leadership oles

Common roles in a human resource project

Human resource in an organization plays a critical role in ensuring that the organization can accomplish its goals and meet its objectives. An effective human resource makes it possible for the organization to compete effectively, especially in a highly competitive corporate environment (Heagney, 2012). Organizations mainly use projects in order to reach their strategic goals. In order to execute a given project, the various roles are identified and assigned to the relevant human resource personnel. They mainly exist as executive, managerial, and associate-level roles pertaining to a human resource project. The fundamental roles in regards to these levels are the sponsor, project manager, and core team member (Heagney, 2012). Although each level plays a different role, the various roles work concurrently to ensure the success of the project.

Project executive sponsor

The sponsor funds the financial requirements of the project.…… [Read More]

References

Heagney, J. (2012). Fundamentals of project management. New York: American Management Association.

Kissi, John, Dainty, Andrew R.J., & Tuuli, Martin Morgan. (January 01, 2013). Examining the role of transformational leadership of portfolio managers in project performance. 485.

Patel, V.N. (2008). Project management. Jaipur, India: Oxford Book Co.

Tuuli, Martin Morgan, & Rowlinson, Steve. (January 01, 2009). Empowerment in project teams: a multi-level examination of the job performance implications. 473-498.
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Project Management Assessing the Role

Words: 2543 Length: 6 Pages Document Type: Essay Paper #: 76977984

The use of Gantt charts for enabling interprocess integration and knowledge management in the A&D industry is a best practice for also managing process-intensive projects (Singh, Keil, Kasi, 2009). These include the development of new computer systems and advanced technologies where the project needs to capture the knowledge to fulfill its objectives. Project management's core set of tools therefore needs to be focused on how to augment and strengthen project performance while also capturing process and product knowledge critical to its success (Besner, Hobbs, 2006). The combining of Gantt charts, progress reports, change requests and the use of kick-off meetings to set objectives is critical in this regard.

ecommendations to Project Managers Using the Product Launch Activity Plan

The pro-forma Product Launch Activity Plan shown in Table 1 of the Appendix is designed to provide project managers with a framework to define a Gantt chart to manage the new product…… [Read More]

References

Claude Besner, & Brian Hobbs. (2006). THE PERCEIVED VALUE AND POTENTIAL CONTRIBUTION OF PROJECT Management PRACTICES TO PROJECT SUCCESS. Project Management Journal, 37(3), 37-48.

Saumya Bhattacharya. (2009, August). Creating a project plan: The secret sauce of a project is in its planning.. Business Today.

Blackstone, J., Cox, J., & Schleier, J.. (2009). A tutorial on project management from a theory of constraints perspective. International Journal of Production Research, 47(24), 7029.

Michael Burkett. (2005, July). The "Perfect" Product Launch. Supply Chain Management Review, 9(5), 12-13.
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Project Management Practices of the

Words: 2187 Length: 8 Pages Document Type: Essay Paper #: 51588270

Starting with the pre-contractual phase, which was for the most part skipped as the EDS teams focused primarily on technologies first, the project lacked the necessary foundation to succeed from a planning standpoint. Focusing on the pre-contractual phase could have also helped to have more clearly defined the SLAs and metrics used for managing the project over the long-term as well (Cross, 2007). With 23 SLAs and 51 metrics, the challenge was one of just having enough time to track the many aspects of reporting needed to fulfill contractual obligations. Lastly, having a more complete pre-contractual phase, there could have been more time to define and execute change management initiatives and programs as well. The lack of phased approach also significantly slowed down the development of the project, with Phase 1, 2 And 3 as defined in the project being more focused on network infrastructure, system-wide connectivity and finally user…… [Read More]

References:

Navy Marine Corps Intranet may never achieve goals: GAO. (2006, December). Aerospace Daily & Defense Report, 220(53), 2.

Baca, C.. (2007, October). Project Manager! Who? Me? Machine Design, 79(20), 64,66,68.

Cross, T.. (2 October 2007). Navy Marine Corps Intranet (NMCI): 2007 Update. Darden Business Publishing Case Collection: UVA-C-2270: Navy Marine Corps Intranet (NMCI): 2007 Update,1-7.

Larry Dignan. (2004, September). How to Interpret Mumbo Jumbo; It's a game we all must play. The answers could save your project - or your career. Baseline, 1(34), 26.
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Project Management a Project Is Defined as

Words: 726 Length: 2 Pages Document Type: Essay Paper #: 23436896

Project Management

A project is defined as a temporary endeavor, usually where a group of people and resources brought together to tackle a specific problem. Project management is necessary in order to ensure that the problem is solved, on time and on budget. Project management is often very task oriented, in particular placing emphasis on how to move through the different stages of the project in order to bring it to fruition. A given project will have a number of specific, finite objectives and a defined time frame. Success for the project will typically reflect whether or not the project's objectives, including that relating to the time frame, where met, which would define a successful project. If they were not met, then perhaps the project would be deemed unsuccessful (Githens, 2011). Where a project manager deals with conflict, it is usually interpersonal conflict or communication issues between members of the…… [Read More]

References

Githens, G. (2011). Eight distinctions between portfolio management & program management. Leading Strategic Initiatives. Retrieved May 17, 2015 from Discuss the definition, similarities and differences between Project Management, Program Management and Portfolio Management.

Usmani, F. (2012). Project management vs. program management vs. portfolio management. . PM Study Circle. Retrieved May 17, 2015 from http://pmstudycircle.com/2012/03/project-management-vs.-program-management-vs.-portfolio-management/
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Project Management Balanced Scorecard This Is a

Words: 1113 Length: 4 Pages Document Type: Essay Paper #: 52576843

Project Management

Balanced scorecard

This is a strategic planning and management system that is widely used in the industrial sector, the nonprofit organizations, in the business world and even the government in order to put the activities of the business to the strategy and the vision of the business. It is used to check whether the management and their visions and decisions are in line with the goals of the organizations and whether these visions are implemented by the employees. The balanced scorecard helps in improving the external as well as the internal communications of the organization. This also helps in monitoring the performance of the organization against the strategic goals that the organization set. The balanced scorecard also helps in increase in quality of service in the service oriented organizations and observance of procedure. These set procedures under the balanced scorecard will ensure the reduction of blame games within…… [Read More]

References

Bisk Education, (2014). Top 10 Project Management Challenges. Retrieved November 12, 2014 from http://www.villanovau.com/resources/project-management/top-10-challenges/#.VGVA2snSn5U

Brown K.A. & Hyer N.L., (2010). Managing Projects: A Team Based Approach. McGraw-Hill Irwin.
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Project Planning Management and Control

Words: 3937 Length: 14 Pages Document Type: Essay Paper #: 66663036

Program Management

Projects Compared - Belbin analysis

In order to find a way through which the success of teams could be predicted Dr. Meredith Belbin, a management psychologists, worked in collaboration with Henley Management College in the early 1970s. Business simulations were used in running some experiments for the research by Dr. Meredith Belbin. Participants were divided according to different psychological types such as if they are introvert or extrovert etc. It was his hope to find a team mix that is perfect. In 5 years' times he was able to establish the fact that in particular types of projects specific clusters or patterns can be made use of in order to predict the success of a team (Bennett, 2001). There is often a preference found in the minds of the individuals regarding these clusters. It was also established by him that it can never happen that one team can…… [Read More]

References

Beck, K. (2000). Extreme Programming Explained. Reading, MA: Addison Wesley.

Belbin, M.R. (1981) Management Teams, John Wiley & Sons, New York.

Belbin, M.R. (1993). Team Roles at Work. Butterworth-Heinemann, Ltd., Oxford

Belbin, M.R. (1996). The Coming Shape of Organization. Butterworth Heinemann
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Project Management Case Study in Managing a

Words: 14774 Length: 55 Pages Document Type: Essay Paper #: 16606153

Project Management: Case Study in Managing a Complex Shipyard Project in Singapore

Background of Complex Shipyard Construction Project

Company background

Project Overview and Objective

ork Process of Building Construction

Issue Analysis in Shipyard Construction Project Management

Literature Review of Project Management

Issues in Scope Management

Methodology of Scope Management

Lessons Learned from Scope Management

Issues in Cost Management

Methodology of Cost Management

Lessons Learned from Cost Management

Issues in Human Resources

Methodology of HR Management

Lessons Learned from Human Resource Management

Case Study in Managing a Complex Shipyard Construction Project in Singapore

Introduction.

This paper introduces the special features of a completed shipyard project, together with its construction and human resource management processes as well. The organization of the paper provides an introduction to the topic, an overview and background of the In the first part, this project illustrates overview of the complex background of a complex ship-building project as…… [Read More]

Works Cited

Guide to the Project Management Body of Knowledge. Best Practices for Project Scope Planning. [Online]. Available: http://www.tensteppb.com/5.2.02TSProjectScopePlanningTechniques.htm.

About Us. (2004). Keppel Shipyard. [Online]. Available: http://www.keppelshipyard.com/corporate/aboutus.asp.

Badiru, Adedeji Bodunde. Quantitative Models for Project Planning, Scheduling and Control. Westport, CT: Quorom Books, 1993.

BP awards U.S.$20 million follow-up job to Keppel yard. (July 26, 2004). Keppel Corporation. [Online]. Available: http://www.kepcorp.com/press/press.asp.
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United Management Technologies in Order

Words: 1160 Length: 4 Pages Document Type: Essay Paper #: 1033640

In my opinion, this is one of the most important and difficult phases of the process and UMT has developed an unique tool, a tool which represented a significant part of its success on the market. Selecting the projects is not only an economics activity where a company is limited by a set of constraints and it needs to work out which projects it should best work on within these limitations. It is also a matter of choosing the projects that best maximise the company's value by having the greatest impact on the company's strategic drivers. The scope is thus two-fold: first of all identifying a set of strategic drivers for the company and, second of all, choosing, in conditions of economic constraints, the projects which have greatest impact on these drivers.

The UMT Portfolio Optimizer has been developed using algorithms that the three partners have developed in the 90s…… [Read More]

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MS Project Microsoft Project Review Microsoft Began

Words: 517 Length: 2 Pages Document Type: Essay Paper #: 74652993

MS Project

Microsoft Project Review

Microsoft began development of its project software at the turn of the century (around the year 2000). The original software package ran from MS Dos and had incredibly limited functionality. However, since its introduction, Microsoft Project has come a long way from its original state. Today's versions of MS Project, such as Project 2010, Project 2013, and now even cloud-based Project versions has a rich list of features that are intuitive to most users because are already familiar with the interface. The interface and general GUI feel has the same features and layouts that can be found in the popular MS Office suite.

One of the most interesting features in the newer versions of Project is that users can upload and make changes via a cloud-based project server. This allows users to make changes to items in the scope, schedule, budget, activity durations or any…… [Read More]

Works Cited

Hilti AG. (2013, March 11). Construction Manufacturer Employs Cloud Service to Streamline Project Management. Retrieved from Case Studies: http://www.microsoft.com/casestudies/Microsoft-Project-Online/Hilti-AG/Construction-Manufacturer-Employs-Cloud-Service-to-Streamline-Project-Management/71

Microsoft. (N.d.). Project top features. Retrieved from Project: http://office.microsoft.com/en-us/project/project-management-and-ppm-showcase-microsoft-project-FX103802304.aspx
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United Management Technologies Leader on

Words: 1220 Length: 4 Pages Document Type: Essay Paper #: 59691072

For example, client X required a dashboard where each of the projects' variables would have been automatically calculated and a red-yellow-green would have been awarded to each of the project, in order to determine the project's status at a certain moment of time. Another client using the same product required that the red-yellow-green grades should be noted manually, with comments and motivations in each case. As such, for a product that basically had the same functionality, two slightly different versions needed to be created.

Assistance for implementation refers to all operations required for the client to be able to start using the UMT application. In many cases, the client purchases not one, but several tens of licenses, for all its employees. Implementation first requires the instalment on the server and, subsequently, installing the application on each of the individual computers. The server and network manager needs to fully understand all…… [Read More]

Bibliography

1. United Management Technologies's website at www.umt.com
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Governance Management and Responsibilities of the Board

Words: 1351 Length: 4 Pages Document Type: Essay Paper #: 23243004

Obstacles in the Governance of Organizations: Responsibility Delineation

Governance and Management

The concepts of governance and management found in the field of management opens up to the way organizations run. The two concepts explain the running of corporations and establishing contacts with all the necessary fields needed. In most cases, people have utilized either of the two techniques depending on the target result. The role of management delves to establish links with the needed within its scope of control. The two terminologies differ on how to bring the understanding of leadership in every organization. A mention of the term governance resonate the aspects of structures and processes. On the other hand, management relents to the creation of structures and processes that governance seeks to protect and maintain. To effect changes in leadership ranks, one has to witness the better part of the program with dealing with them. As part of…… [Read More]

Bibliography

Altenburg, R 2011, The determinants of roles and responsibilities of boards of directors in subsidiary companies, GRIN Verlag, Munich

Apple Press Info 2011, Apple Names Arthur D. Levinson Chairman of the Board. Available from https://www.apple.com/pr/library/2011/11/15en-U.S.-Apple-Names-Arthur-D-Levinson-Chairman-of-the-Board.html

Dalkir, K 2013, Knowledge Management in Theory and Practice, Routledge, New York

Frey, T 2014, Governance Arrangements for IT Project Portfolio Management: Qualitative Insights and a Quantitative Modeling Approach, Springer, New York
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Management Systems for Cross-Border Businesses

Words: 2076 Length: 7 Pages Document Type: Essay Paper #: 27367508

Subsequently, they cannot be implemented and succeed in all situations of cross-border business operations.

Based on this realization, the usefulness of devising practical management systems within the specialized literature is a dual one. On the one hand, these models are highly useful as they introduce the novice international manager to the elements which need to be taken into consideration upon engaging in cross-border management. On the other hand however, they are only limitedly useful as they do not apply in all circumstances. For instance, an economic agent in the United States looking to expand its operations in China or in Mexico would find little applicability of the practical management system devised by Christoph Dorrenbacher.

All in all then, the final finding is that the practical management systems within the specialized literature do represent a valid starting point, but that economic agents have to devise their own models which are customized…… [Read More]

References:

Chryssides, G.D., Kaler, J.H., 1993, an introduction to business ethics, 2nd edition, Cengage Learning EMEA

Dorrenbacher, C., 2007, Inside the transnational social sphere: cross-border management and owner relationship in a German subsidiary in Hungary, Journal for East European Management Studies, Vol. 12, No. 4

Friedman, L.H., 2001, Nonlinear dynamics and practical management: Administrative Science Quarterly, Vol. 46, No. 2

Gardenswartz, L., Rowe, a., 1994, Diversity management: practical application in a health car, Frontiers of Health Services Management, Vol. 11, No. 2
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Project Management Infrastructure

Words: 1879 Length: 6 Pages Document Type: Essay Paper #: 47248854

A Project Support Office (PSO) is different from a project management office. A PSO can be understood as a provisional, or long-lasting organizational unit that provides a range of services to provide support to project teams that are accountable for a defined group of projects (Wysocki, 2011). There are three kinds of PSOs. For starters, there is the directive PSO where project managers are administratively linked to the PSO and are allocated to projects from the PSO. In general, this structure is earmarked for enterprise-wide projects. Second, there is controlling PSO and in this kind, the components, templates, and procedures are all provided by the PSO and all project managers, irrespective of their resident department are expected to utilize them. Lastly, there is the supportive PSO that provides any kind of assistance and specialty the project manager or members of the team might require when requested (Wysocki, 2011; Pemsel and…… [Read More]

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Portfolio Assessment

Words: 2269 Length: 8 Pages Document Type: Essay Paper #: 56403136

teaching profession in order to help students achieve various things.

Goals for students are for example assessed in terms of problem solving, critical thinking, lifelong learning, and thinking independently. Further goals may include personal traits such as persistence, flexibility, motivation, and self-confidence. Portfolios are also helpful to reveal the work processes of students. Teachers can then help students to develop processes through which to monitoring their own learning, and be able to perceive when there is a need to adjust.

Portfolio assessment is also valuable to the teacher in communicating value to the students. Classroom values are those things that are important to the teacher, and the teacher should communicate this adequately to the students. Through portfolio assessment then, both teachers and students receive information from each other about the situation in class and about what can realistically be expected.

Assessment should be integrated with instructions to reflect current instruction…… [Read More]

Bibliography

Adams, Dennis, and Mary E. Hamm.(1992). "Portfolio Assessment and Social Studies: Collecting, Selecting, and Reflecting on What Is Significant." Social Education 56.2,103-105.

Arter, J.A. (1995). "Portfolios for Assessment and Instruction." ERIC Digest. http://www.ericfacility.net/databases/ERIC_Digests/ed388890.html

Broad, Bob. "Reciprocal Authorities in Communal Writing Assessment: Constructing Textual Value within a'New Politics of Inquiry.'"(1997). Assessing Writing 4.2,133-167.

Yancey, K.B. (1992). Portfolios in the writing classroom. Urbana, Illinois: National Council of Teachers of English.
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Project Management Managing Risk Project

Words: 1198 Length: 3 Pages Document Type: Essay Paper #: 77042109

This focus on the key success steps associated with a project is an effective way to concentrate on the most critical problems, rather than focus on every possible potential problem. In addition, while some would say that it is better to prepare for the worst and think of every possible problem, this in itself can be a waste of resources and can reduce the amount of focus on the most important potential problems.

The next important issue is how to manage identified risk. This process is one that requires careful balance. Most importantly, the resources put into a project need to be balanced effectively. For example, consider a project where a potential major risk is identified, but it only has a 1% chance of occurring. Is it beneficial to invest a large amount of resources to reduce the impact of this risk? In most cases, the answer will be no.…… [Read More]

Bibliography

Daft, R.L. (1997). Management. Fort Worth, TX: The Dryden Press.

Department of Information Resources (2003). Process for analyzing and managing project risk. Retrieved April 28, 2005, from Department of Information Resources (Texas). Web site: http://www.dir.state.tx.us/eod/qa/risk/

Focused Performance. (2005). Critical chain and risk management: Protecting project value from uncertainty (part 1). Retrieved April 28, 2005, from Focused Performance. Web site:  http://www.focusedperformance.com/articles/ccrisk.html 

Robbins, S.P., Bergman, R., & Stagg, I. (1997). Management. New York: Prentice Hall.
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Project Management

Words: 2229 Length: 7 Pages Document Type: Essay Paper #: 35463939

Project Management

Although desirable, it is quite difficult to start with a dictionary definition of project management, mainly because of the complexity involved in the process, a complexity impossible to cover with a simple two-line definition. Hence, it is probably best to describe the process, underlining thus the main characteristics of project management.

A company's strategic perspective may, perhaps, be amply resumed to two strategic concepts around which everything else revolves: objectives and projects. Any company will start building its analysis around a series of drivers and objectives that the company may have for the next few years. These objectives need to be only a couple, because we may assume that if the company had 15 objectives for the next years, its resources will be too split and it will not be bale to fulfill any of them efficiently.

Once the company has defined its list of goals, it needs…… [Read More]

Bibliography

http://www.123projectmanagement.com/project-management-definitions.html

2. Mullaly, Mark E. Project Management: A New Definition. July 2003. On the Internet at http://www.gantthead.com/article.cfm?ID=183068

http://www.netcoach.com/projman/pmwb2.html

http://www.spottydog.u-net.com/guides/define/frameset.html
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Managing Projects Operations and Information

Words: 2210 Length: 8 Pages Document Type: Essay Paper #: 18237536

The performance of each team member depends on the performance of all others, this being a team project. Constraints include time and financial resources; as such improvement requires permanent improvement effort.

isk Management. No risk has been identified related to the project's completion.

Monitoring and Controlling Mechanisms. The data analysts will develop a metric system to measure each member's performance on a weekly basis. This weekly performance will be submitted to the project manager for potential adjustments.

V. Operations management plan

Operations Strategy. An easy way to understand the meaning of operations strategy is to break the word into the two separate words: operations and strategy - these words being the opposite of each other (Slack & Lewis, 2002). 'Operations' is about the functions and procedures regarding the day-to-day processes, while 'strategy' is about the direction and scope of an organisation over a long period of time. The operations strategy…… [Read More]

References:

Aberdeen Group. 2008. Operational KPIs and Performance Management -- Are Your Daily Decisions Based on Fact?,  http://www.aberdeen.com/ 

Cooper, M. & Lambert D. 2000. Issues in Supply Chain Management. Industrial Marketing Management, vol. 29: pp. 65-83.

Johnson, J. C. And Wood, D.F. 1996. Contemporary Logistics, N.J.: Prentice Hall Upper Saddle Creek.

Keah C.R.K. And Handfield, R.B. 1998 .Supply Chain Management: Supplier Performance and Firm Performance. International Journal of Purchasing and Materials Management: pp.2-9.
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Project Management According to Different

Words: 1107 Length: 4 Pages Document Type: Essay Paper #: 55114682

Usually, this may happen when the client changes some of his initial requirements and part of the modules need to be changed. In these cases, the resource allocation mechanism is a fundamental instrument of the organizing function.

The directing and control functions of management somehow are connected when it comes to project management. The reason for this is that the directing function provides the necessary supervision for the tasks to be performed, while the control functions ensures the necessary feedback system, which evaluates the performance results and feeds this back into the directing phase for changes.

In the software industry, the directing and control functions of project management are not only operated from within the organization, but also in relation with the clients, who are usually the entities that provide the best feedback as to the capacity of the application to match exactly their requirements. While the quality assurance and…… [Read More]

Bibliography

1. Baars, Wouter. July 2006. Project Management Handbook. DANS - Data Archiving and Networked Services

2. Whitty, Stephen; Schulz, Mark. 2007. The impact of Puritan ideology on aspects of project management. International Journal of Project Management.

3. Thayer, Richard H. And Yourdon, Edward (2000). Software Engineering Project Management, 2nd Ed

4. Heerkens, Gary (2001). Project Management (the Briefcase Book Series). McGraw-Hill
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Management Problems Dealing With Current

Words: 2860 Length: 10 Pages Document Type: Essay Paper #: 90369803



The World ank model centers on a five-person team called the Performance Advisory Service or PAS (Yandrick 1995). PAS trains supervisors to analyze work performance and personality problems. The supervisor first determines if a skill deficiency is involved or there are personal and environmental factors. He does this by reviewing the employee's records in search of troubled behavioral patterns; consulting with work team leaders, colleagues and support staff in investigating possible problems within the organization; and/or directly exploring the employee's work performance and conduct.

In the last option, the supervisor may ask or remind the employee about the consequence of poor performance; if he or she is being rewarded for poor or nonperformance; if performance matters to him or her; if there are health or stress factors conducing to his or her poor or low-level performance; or if there are external stimuli behind it. Armed now with the different angles…… [Read More]

Bibliography

Brown, J. (1992). How Would You Handle These Prickly Management Problems? Medical Laboratory Observer: Nelson Publishing. http://www.findarticles.com/p/articles/mi_m3230/is_n11_v24/ai_13806643

Business Wire. (1999) a.M. Best Company Says Technology Can Solve Insurance Management Problems. Gale Group 2000. http://www.findarticles.com/p/articles/mi_m3MKT/is_n78_v97/ai_56542486

Day, CM. (1987). Three Diagnostic Clues to Management Problems. Medical Laboratory Observer: Nelson Publishing. http://www.findarticles.com/p/articles/mi_m3230/is_v19/ai_5118836

Heisler, DL. (1989). The Wrong Response to Today's Problems. American Metal Market. Reed Business Information. http://www.findarticles.com/p/articles/mi_m3MKT/is_n78_v97/ai_7565287
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Managing Innovation in Its Simplest Form Can

Words: 2635 Length: 10 Pages Document Type: Essay Paper #: 61641057

Managing Innovation

Innovation in its simplest form can be termed as something new or newly introduced into the market. Innovation in the business field is quite necessary since it forms the backbone of a company's growth and that of the economy as a whole. Innovation is the success of every business and must be managed effectively and efficiently (Limerick, 2002).

The ever changing technology and instant global communication have made it easier for companies to find answers to some problems they encounter and more so come up with innovations to improve on the current ones. Companies are also faced with pressures arising from global competition and by this; most of them are seeking the need to manage their innovations. Companies are nowadays attracting and managing innovations by having rewards or prizes for individuals within the company who manages to come up with brilliant and innovative concepts. This will give the…… [Read More]

References

AFUAH, A. 2003. Innovation Management: Strategies, Implementation, and Profits, New York and Oxford, Oxford University Press.

ALEXY, O. & REITZIG, M. 2012. Managing the business risks of open innovation. McKinsey Quarterly, 17-21.

BROWN & HELEN 2008. Knowledge and innovation: a comparative study of the U.S.A., the UK, and Japan London Routledge.

DANNEELS, E. 2002. The Dynamics of Product Innovation and Firm Competences. Strategic Management Journal, 23, 1095-1121.
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Managing the Budget Process Ref

Words: 1371 Length: 5 Pages Document Type: Essay Paper #: 76082813

In October 2005, EXXON had to pay a $8.7 million civil penalty, while at the same time spending $9.7 million on community environmental projects. In my opinion, these are unnecessary costs that can be eliminated in the future with an adequate financing for research and development in environmental protection and pollution reduction.

The marketing segment also needs an increased attention in 2006. For example, on the gasoline market, EXXON brands such as Mobil or Esso are already well-known throughout the world. Nevertheless, the specificity of the industry brings about the necessity to constantly promote these brands. How is an Esso gas station different from a Shell or Texaco one? EXXON needs to think out marketing campaigns deemed to bring out the main competitive advantages over other companies on the market: excellent service, better quality gasoline (going hand in hand with the spending in research and development in this segment, previously…… [Read More]

Bibliography

1. Exxon Mobil to spend $571m upgrading refineries. Reuters. October 2005. On the Internet at http://www.financialexpress.com/fe_full_story.php?content_id=105423

2. Blum, Justin. Exxon Mobil's first quarter earnings shoot up. Mail Tribune. April 2005. On the Internet at http://www.mailtribune.com/archive/2005/0429/biz/stories/04biz.htm

http://www.exxonmobil.com/corporate
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Role of Managing Technology in

Words: 1882 Length: 6 Pages Document Type: Essay Paper #: 83754675

Mapping technologies ensures that all technologies in the call center are geared towards achieving a specific goal. Having identified the needs of the call center, mapping the required technologies ensures that mechanisms are in place to meet these needs.

Using technology road mapping, the call center is able to plan and coordinate any technological developments. This way any technology developments will have a specific purpose, and unnecessary developments can be avoided. This will save the call center revenue as only required technologies will be developed. Mapping technologies also assists in identifying technologies that have become obsolete. Obsolete technologies could be costing the call center in terms of profits as their maintenance and support does not contribute to the call center's performance. Obsolete technologies, or technologies that are not been used would then be removed, and only required and relevant technologies would be used within the call center.

Conclusion

Call centers…… [Read More]

References

Butler, D.L. (2004). Bottom-Line Call Center Management. Abingdon, Oxon OX14 4SB: Taylor & Francis.

Loader, D., & Biggs, G. (2002). Managing technology in the operations function [electronic resource]. Oxford, UK: Butterworth-Heinemann.

Maizlish, B., & Handler, R. (2010). It (Information Technology) Portfolio Management Step-by-Step: Unlocking the Business Value of Technology. Hoboken, NJ: Wiley.

Millett, S.M., & Honton, E.J. (1991). A manager's guide to technology forecasting and strategy analysis methods. Columbus, OH: Battelle Press.
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Planning and Project Management the

Words: 1035 Length: 3 Pages Document Type: Essay Paper #: 78861135

Likewise, bid packages are documents that need to be as lucid and frank as possible. "Bid packages can be used in a number of industries, including business, it systems and telecommunications. But the most common industry where bid packages are used is construction. Basically, a bid package is a portfolio of all the documents needed to take part in an invitation bid. Those who will be bidding on the project can look at the bid package and determine if they fit the criteria. Bidders will need to meet the skills and qualifications listed, be able to complete the project on time and stay within the specified budget" (Tiffany, 2012). Such documentation can help all stakeholders in a given project have a clear understanding of what is requested, required and needed. All these facts are specified within the given context of the project scope and the timeline engaged.

In the simplest…… [Read More]

References

Fleming, Q. (2003). Project Procurement Management: Contracting, Subcontracting, Teaming. FMC Press.

Handfield, R. (2011, January 26). The Procurement Process - Creating a Sourcing Plan: Procurement: A Tutorial. Retrieved from ncsu.edu: http://scm.ncsu.edu/scm-articles/article/the-procurement-process-creating-a-sourcing-plan-procurement-a-tutorial

Lynch, J. (n.d.). Procurement Planning and the Procurement Plan: Why are they Important? Retrieved from procurementclassroom.com: http://www.procurementclassroom.com/procurement-planning-and-the-procurement-plan-why-are-they-important/

Murray, J. (2009, August 6). What is the Difference Between Arbitration and Mediation? Retrieved from About.com: http://biztaxlaw.about.com/b/2009/08/06/what-is-the-difference-between-arbitration-and-mediation-2.htm
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Maersk Shipping Company Strategic Management Analysis

Words: 1430 Length: 10 Pages Document Type: Essay Paper #: 21162784

Strategic Management Analysis of Maersk Shipping Company

Maersk Shipping Company is a largest global shipping company operating more than 600 ships, recording more than 23,000 bookings daily and 2.2million containers. Maersk can boast of 14.5% of market shares globally because their vessels arrive at ports every 15 minutes. Established in 1904, Maersk operates in more than 130 countries with over 110,000 employees. The company market capitalization was $27.6 billion at the end of 2015 fiscal year. Maersk facilitates the transportation of 14% of global seaborne containers coupled with Damco and APM Terminals, the company offers infrastructure with global demand for energy and global trade. The company offers different services that include Reefer Cargo, Verified Gross Mass, Special cargo, Dry Cargo, and Routenet. However, Maersk derives 40% of their revenues from container business. Despite the superior market advantages that the company has enjoyed in the last few decades, the global economic…… [Read More]

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International Project Team Furthermore My Experience in

Words: 644 Length: 2 Pages Document Type: Essay Paper #: 23901170

international project team. Furthermore, my experience in dealing with such a team is certainly relevant to the article written by Neverauskas and Ciutiene (2011) and their explanation of "theoretical approaches" for project management problems (p. 845). There are a number of different facets of this particular article that make it difficult to understand. The bulk of them pertain to the fact that the authors are obviously non-native speakers of English, and appear to only have written in this language in order to gain a wider readership and to communicate better with others. In this respect, English serves as a neutral means of communicating between disparate parties who all have some working knowledge of this particular language in common.

However, what is probably most notable about this article is the point of commonality that it shares with my experience with an international project management team. That experience largely involved facilitating presentations…… [Read More]

References

Neverauskas, B., & Ciutiene, R. (2011). The theoretical approach to project portfolio maturity management. Economics & Management, 16, 845 -- 851.
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Self-Serving Actions That Management May

Words: 3232 Length: 10 Pages Document Type: Essay Paper #: 140949

A company may be profitable, but not growing, and vice versa, thus affecting leverage (Aggaral and Zhao, 2007).

b. induce a negative relationship between firm value and leverage; conversely, if a firm is perceived with negative or flat growth, leverage is affected. Interestingly enough, new research shows that there are some micro-factors outside of growth that correlate to value and leverage. These include the way a corporation is managed, the size of the Board, the impression of large dividends and lack of focus on shareholder value, and milking of an industry (e.g. yellow pages in the day of the Internet). In addition, certain governmental regulations that are perceived as heavy handed and/or not conducive to growth or -- what is most critical -- perceived growth have considerable negative effects on leverage. Whether this psychological perception is valid or not, the research does not comment -- but it is surprising that…… [Read More]

REFERENCES

Iyer, Khwaja, Luttmer and Shue. (2009). Screening in New Credit Markets. Retrieved July 2010, from Harvard University: www.hks.harvard.edu/fs/akhwaja/papers/PeerLending_09.pdf

THe Economics of Financial Intermediation. (2007, January). Retrieved July 2010, from Oswego.edu: http://www.oswego.edu/~edunne/340ch11.htm

Internal Governance. (2009, January). Retrieved July 2010, from IT Business Edge: http://www.itbusinessedge.com/topics/show.aspx?t=542

Stakeholders - Interests and Power. (2009, January). Retrieved July 2010, from Tutor2u.net: http://tutor2u.net/business/strategy/stakeholders-interests-and-power.html
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Prioritize the IT Projects

Words: 1645 Length: 5 Pages Document Type: Essay Paper #: 42734672

Prioritization of IT Functions

Prioritization of the IT Project Portfolio for a University's Information Systems

Advances in information technology continue to change the way businesses and institutions perform their planning and administration operations. Information technology has improved the efficiency of repetitive tasks such as payroll processing, accounting transactions, and financial reporting. However, in order to achieve the best mix of IT functions in any given setting, it is vital to understand who the customers are going to be for the system, and what priority must be assigned to the respective functions including email, databases, Web servers, and so forth. To this end, this paper provides a prioritization of a university's information technology functions, including goals, a support plan for both office and customer functions, proposed communication methods, personnel and training requirements, application and function priorities, and a strategy for prioritizing the IT projects.

Identification and Prioritization of Information Technology Functions.…… [Read More]

References

Dearstyne, B.W. (April 1, 2001). The view from the fast lane. Information Management Journal, 11(3), 121.

Kollock, P. (1998). Social dilemmas: The anatomy of cooperation. Annual Review of Sociology, 24:183-214.

Luftman, J.N., Lewis, P.R., & Oldach, S.H. (1993). Transforming the enterprise: The alignment of business and information technology strategies. IBM Systems Journal, 32, 1, 198-221.

Mansell, R. & When, U. (1998). Knowledge societies: Information technology for sustainable development. Oxford: University of Oxford.
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How to Be a Good Manager and Task Master

Words: 2116 Length: 6 Pages Document Type: Essay Paper #: 53577884

Managing Tools for Effectiveness

The BSC or Balanced Scorecard strategy tool allows managers to monitor and evaluate their staff and how their actions produce effects. A BSC includes a focused approach to organization's clearly defined goal-oriented strategy, a tight, narrow range of data to be monitored, and a blend of both financial and non-financial data (Balanced Scorecard Institute, 2011). This allows the manager to utilized a closed-loop control mechanism with which to better and more accurately identify the effectiveness of his or her staff. What is important is that the measures used within the BSC be chosen well so that the information provided is worthwhile and valuable (Kellermans, Floyd, Veiga, Matherne, 2013).

Therefore selection and evaluation criteria should be chosen with utmost care and priority given to those data which have a direct and correlating impact on the manager's own aims in terms of directing his or her team to…… [Read More]

References

Archer, N., Ghasemzadeh, F. (2007). Project portfolio selection and management. In P.W. Morris and J. Pinto (Eds), The Wiley guide to project, program and portfolio management. NJ: John Wiley and Sons.

Balanced Scorecard Institute. (2011). What is the balanced scorecard? Retrieved from http://web.archive.org/web/20140620093448/http://2gc.eu/files/2GC-FAQ1-What_is_a_Balanced_Scorecard_140616.pdf

Cooper, R., Edgett, S. (2012). Best practices in the idea-to-launch process and its governance. Research-Technology Management, 55(2): 43-54.

Deloitte. (2010). Rachel Argaman: An environment for people [Video]. Philadelphia,
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Why Are Portfolio Assessments the Best Tools to Use in Education

Words: 2840 Length: 9 Pages Document Type: Essay Paper #: 10718052

performance assessments. There will be a determination concerning how it assists in attaining educational goals. Educational assessment background will be presented and information on the way performance assessments are made use of in achieving goals will be analyzed.

Assessing Student Performance

The effect professional development has on improving mathematics instruction was examined in a few studies. The first study was carried out and involved thirty-six teachers who took up professional development for 3 years. The fidelity in learning the professional development hugely affected judgment accuracy (Thieda, et al., 2015). The second study was done with sixty-four teachers drawn from eight schools that had been randomly selected to serve as controls or get professional development. Judgment accuracy was higher in teachers who received professional development and those with better ability to perceive computational skills of students than those teachers who didn't.

For instance, field education is widely appreciated as a key…… [Read More]

References"

1) New Hampshire Physical Education K-12 Assessment Document. (2007, January 1). Retrieved April 7, 2015, from

2) 2015 Educator's Manual for MCAS - Alt. (2014, January 1). Retrieved April 7, 2015, from

3) Thiedea, K., Jesse, D., Brendefura, J., Osguthorpea, R., Carneya, M., Bremner, A., Sutter, J. (2015). Can teachers accurately predict student performance? Teaching and Teacher Education, 49, 36-44. Retrieved April 7, 2015, from

4) Tapp, K., Macke, C., & McLendon, T. (2012). Assessing Student Performance in Field Education. Field Scholar, 2.2. Retrieved April 7, 2015, from
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Essentials of Successful E Procurement and Project Management

Words: 685 Length: 2 Pages Document Type: Essay Paper #: 80294826

Procurement Planning and Project Management Methodologies

Procurement Planning

Addressing the internal attributes of service quality of the processes of e-procurement is an important CSF. Companies need to underline the problems associated with the implementation and integration of existing security and infrastructure of the company. Thereby, control the risks that are holding the company back from using e-procurement on a wide scale. In other instances, managerial commitment is a hindrance when it comes to the adoption of e-procurement processes in the company. Therefore, there should be a strong support for relationships between the flow of information process in terms of quality, logistics, the satisfaction of e-procurement, and logistical fulfillment of quality processes.

Politico-legal structural factors need considering and addressing since they are specific to particular administrative and political contexts. For legal and administrative interventions, governments require having political willpower, and the government of India has realized the importance of Business Process…… [Read More]

References

Panda, P., & Sahu, G. (2012). E-Procurement Implementation: Critical Analysis of the Impact of Success Factors on Project Outcome. IUP Journal of Supply Chain Management, 9 (2): 44-72.

Wells, H. (2012). How Effective Are Project Management Methodologies? An Explorative Evaluation of Their Benefits in Practice. Project Management Journal, 43 (6): 43-58.
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Financial Management in the Public Sector

Words: 645 Length: 2 Pages Document Type: Essay Paper #: 96763345

Pay-Offs and isks of Capital Investments

The decision of whether an investment project can be accepted or denied as part of a company's growth initiative will involve the ascertainment of the investment's rate of return generated by the project. Nonetheless, the rate of return is influenced by specific factors of the company or project that make the decision acceptable or unacceptable. For instance, when we talk about a charitable project, most often it is not approved by the rate of return, but rather on the desire of the business to foster good will and contribute by giving back to the community. Through capital investment decisions, managers of a particular organization create accountability and measurability to determine the long-term economic aspect of the project and the project's financial profitability (Baker & English, 2011).

An example of an investment capital made by an organization was when Exxon Mobil, acquired XTO esources. The…… [Read More]

Reference List

Baker, K. & English, P. (2011). Capital Budgeting Valuation: Financial Analysis for Today's Investment Projects. Hoboken, New Jersey: John Wiley & Sons.

Mikesell, J. L. (2014). Fiscal Administration: Analysis And Applications for the Public Sector (ninth Ed.). Boston, MA: Wadsworth.
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Management in Business Operations and Performance

Words: 12446 Length: 45 Pages Document Type: Essay Paper #: 41162745

Integrating Total Quality Environmental Management Systems - a Critical Study of TQEM

Relevance of TQM to Environmental Management

Scope of Dissertation

Moving from Reactive to Proactive Management

Understanding TQM in Relation to TQEM

History of TQM

Operation of TQM

Quality and Environmental Management Standards

Environmental Management Systems

Weaknesses of EMS Standards

Total Quality Environmental Management

Comparing ISO 9000 and ISO 14000

Integrating the ISO 14000 Environmental Management System

Demographics

Impact of certification on economic and ecological performances

Research Design and Nature

Integrating a Sustainable EMS with TQM

Steps to Implementing an Effective TQEM Strategy

Final Word

ibliography

INTEGRATING QUALITY AND ENVIRONMENTAL ManagementS SYSTEMS - A CRITICAL STUDY

INTRODUCTION

ackground and Overview of Study

For decades economic growth has been considered the main indicator of a healthy society (Oliver, 1996). However, only recently has society begun to recognize the environmental cost of this growth. As a result, there is now an…… [Read More]

Bibliography working paper. Winnipeg, MB: International Institute for Sustainable Development, 1996. 58

Bisang, O. (2000), Green Banking - The Value of ISO 14001 Certification

Chattopadhyay, S.P. (2001), "Improving the Speed of ISO 14000 Implementation: A Framework for Increasing Productivity," Managerial Auditing Journal, 16/1, pp. 36-39.

Chinn, R. (March 21, 2001). Roadmap to Realization -- "Getting Started with Your QMS/EMS Integration Process. Alamo Learning Systems.

Clark, D. (1999), What Drives Companies to Seek ISO 14000 Certification, Pollution Engineering, Summer, pp. 14.
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Management Over the Last Several Years a

Words: 1653 Length: 5 Pages Document Type: Essay Paper #: 28253694

Management

Over the last several years, a wide variety of financial institutions have been facing a number of different security challenges. This is because of the information that they are storing has sensitive data about their clients such as: the social security numbers and net worth. Over the course of time, this has become a major target for identify thieves who are looking to steal this material. At which point, the total amounts of attacks against these kinds of organizations have increased exponentially. A good example of this can be seen with a report that was released by the security firm McAffe. They identified 72 remote access threats that were directed against financial and government institutions over a five-year period. What makes this report so disturbing is that the attacks were largely undetected. As they were designed to steal vast amounts of data, without alerting security officials about their presence.…… [Read More]

Bibliography

IBM Systems for Cloud Computing. (2011). IBM. Retrieved from: http://www-03.ibm.com/systems/cloud/

ING Investment Management. (2011). CNBC. Retrieved from: http://www.cnbc.com/id/43890959/ING_Investment_Management_Adopts_Bloomberg_Research_Platform_First_firm_to_use_technology_that_grades_trade_idea_performance

Bourdeau, J. (2011). Cyber Attacks have been Targeting Government and Financial Institutions. Mercury News. Retrieved from:  http://www.mercurynews.com/ci_18609064 

Knorr, E. (2011). Cloud Computing. Info World. Retrieved from: http://www.infoworld.com/d/cloud-computing/what-cloud-computing-really-means-031
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Managing Exchange Rate Risk

Words: 941 Length: 2 Pages Document Type: Essay Paper #: 6155724

International Finance

Exchange ate Movements for the U.S. And Australian Dollar and Hedging

On the 9th June 2013 the initial $90,000 investment was worth $94,724.9. Knowing that the exchange rate on that date was AU $1.0525 to the U.S. dollar, meaning that U.S. $1 would purchase $1.0525, it is possible to determine that the total investment had purchased AU $99,697.96 (Oanda, 2013).

On the 7th June the exchange rate has changed to $1.1019, with the given fund value of AU $99,697.96, the change leaves a fund that is worth U.S. $90,478.23 (Oanda, 2013).

It is possible to look at the exchange rate movements over a period of time taking data from Oanda (2013). The tables below present that value for the last week, the last week of 2013 and the last week of 2011.

Part A

Table 1; Exchange rates for 1st - 7th July 2013

Exchange rate

7th July…… [Read More]

References

Bychuk, Oleg V; Haughey, Brian, (2011), Hedging Market Exposures: Identifying and Managing Market Risks, Wiley Finance

Giddy, (2002), Homepage, [online] retrieved from http://giddy.org/giddyonline/index.htm

Oanda.com, (2013), OANDA, the Currency Site, [online], retrieved from http://www.oanda.com/convert/fxhistory
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Managing Business at the International Level

Words: 697 Length: 2 Pages Document Type: Essay Paper #: 30107778

Business Management -- Annotated Bibliography

Eisenberg, J., Lee, H.J., Bruck, F., Brenner, B., Claes, M.T., Mironski, J., and Bell, R. "Can

Business chools Make tudents Culturally Competent? Effects of Cross-Cultural

Management Courses on Cultural Intelligence." Academy of Management Learning & Education. 12.4 (2013): 603-621. Web. 25 July 2014.

Because of the ongoing globalization for businesses and the need to develop management policies and strategies that help the workforce understand and relate to diversity, business schools need to teach management courses on "cultural intelligence"

(CU) Eisenberg and colleagues explain. This article is valuable and the recommendations for business schools should be incorporated because managers working for international firms need skills that allow them to interact with people from a variety of cultures. For students pursuing a business career, the development of cultural intelligence is vital.

Hence, taking courses in cross-cultural management brings knowledge and benefits.

Espedal, B. Gooderham, P.N., and tensaker,…… [Read More]

Scherer, A., Palazzo, G., and Matten, D. "Introduction to the Special Issue: Globalization as a Challenge for Business Responsibilities." Business Ethics Quarterly, 19.3 (2009): 317-

347. Web. 25 July 2014.

This is an article that deals with the ethics of international business relationships. Because national borders are not as politically significant as they once were, global business organizations enter into markets with "ill-defined rules" of conduct (Scherer, et al., 327). Thus, corporations become "political actors" because they make up their own rules as they enter each new market, Scherer points out. The article asserts that global businesses must become accountable democratically and incorruptible as well. The value of this article is in part because it insists that corporate social responsibility (CSR) goes to deeper levels when a firm is operating in a variety of diverse cultures. Also this piece is important to today's business major because ethical behavior in the international market place isn't just recommended, it is imperative for success in terms of profits and accountability as well.
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Portfolio Research Graphic freelance designer

Words: 864 Length: 2 Pages Document Type: Essay Paper #: 81232789

Graphic Freelance Designer

Design professionalism standards and ethics (Discuss how the use of copyrighted materials may or may not be a factor with the portfolio you are preparing and in following proper use guidelines.)

Professional designers aren't entitled to take exclusive credit for any design whose creation has involved collaboration between two or more designers (Crawford, 34). Further, professional designers aren't encouraged to accept projects which are likely to involve conflicting interests and, thus, dispute, without the consent of the client (Crawford, 38).

The American Institute of Graphic Arts' (AIGA's) Design Business and Ethics guideline series delineates crucial professional and ethical challenges faced by professional designers and purchasers of graphic designs. The work explores chief designer concerns when it comes to remaining successful, and directly addresses individual rights protection.

The AIGA's Design Business and Ethics covers norms every designer is required to abide by. The norms aim at guiding workplace…… [Read More]

Works cited

Aszman, Amanda. What to Expect in 2016: Predictions from Top Creatives. How Design, December 23, 2015. Web. [ http://www.howdesign.com/resources-education/graphic-design-trends-2016/ ]

Bartow, Doug. 29 Things Young Designers Need to Know, How Design, September 11, 2014. [ http://www.howdesign.com/design-career/29-things-young-designers-need-to-know/ ]

Crawford, Tad, ed. Design Business and Ethics. Richard Grefe, AIGA, 2009. Web. [ http://www.makinggood.ac.nz/media/1278/aiga_47555891-design-business-and-ethics-1-.pdf ]

Decker Design, After School Special: Advice for Emerging Designers -- AIGA. AIGA, 2011. Web. [ http://www.aiga.org/contentassets/7334d1c7b46648ef92fe8f73527ff952/aiga-afterschoolspecial.pdf ]
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Initiatives Require Bold Solutions and

Words: 10456 Length: 38 Pages Document Type: Essay Paper #: 4485576

The following diagram represents the structure of the idea.

Figure 2. Project flow pursuant to Plan Abu Dhabi 2030: Urban Structure Framework Plan

Objectives of the Study

The overarching objective of this study is to build a solid portfolio management application that connects all the local governments of Abu Dhabi emirates in ways that will allow them to collaborate on various projects pursuant to Plan Abu Dhabi 2030 through one unified system from their offices without wasting time on face-to-face meetings, as well as introducing the potential for the leaking of information through channels that provide the opportunity for unauthorized access. This objective also include the need to develop a solid it security infrastructure by building strategies, recruiting qualified staff, implementing the latest technologies and best practices as identified in the research.

The study was guided by the following specific objectives:

1. Achieve cost effectiveness once the portfolio management software…… [Read More]

References

Andress, a. (2003). Surviving security: How to integrate people, process, and technology.

Boca Raton, FL: Auerbach.

Bhimani, a. (2003). Management accounting in the digital economy. Oxford: Oxford University

Press.
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Company Is a Case With the Problem

Words: 500 Length: 2 Pages Document Type: Essay Paper #: 1405596

Company is a case with the problem of determining a project management process for new product development. Answer the following questions:

What does this case demonstrate about the effect of poor project screening methods on a firm's ability to manage projects effectively?

This case demonstrates that even organizations with a significant amount of project management experience can make critical mistakes. Even though the organization has implemented a project management structure and operate under a professional project management structure, they missed the potential to create synergies between different projects that are related.

How would project portfolio management help to improve the situation at Keflavik?

The project portfolio management could significantly improve the entire organizations project effectiveness. The organization's consultant was most likely correct in recognizing the extent in which the organization was missing opportunities to share project expertise between various projects. The project portfolio office can help facilitate better selection techniques…… [Read More]

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Using Emotional Intelligence in the Workplace

Words: 4903 Length: 15 Pages Document Type: Essay Paper #: 13781453

Emotional Intelligence and the Role it Plays in Project Portfolio Management

One of the most important and essential qualities of leadership needed in today's multigenerational business world is Emotional Intelligence (EI). EI is a "people smart" type of intelligence -- it enables an individual to read a person and provide the right kind of emotional feedback and/or responses to that person's needs. Leaders who demonstrate strong emotional intelligence are able to improve project performance because they focus on the individuals within a team rather than simply or exclusively on goals and procedures (Cacamis & Asmar, 2014). EI allows one to be person-centered, oriented towards responding to emotional cues that the other is consciously or unconsciously displaying in their words, behavior, body language, and communications. Effective use of EI can help organizations to promote a stronger workplace culture, stronger teams, and stronger performance overall (Den, Deanne & Belschak, 2012). In a…… [Read More]

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Information Technology IT Governance

Words: 2922 Length: 11 Pages Document Type: Essay Paper #: 29070392

IT Governance.

The ambiguity in quantifying Information Technology's (IT's) business value, the lack of communication with the business side of the house, executives' limited understanding of and low respect for IT and IT staffers' inadequate business skills all contribute to an organization's inability to maximize their return on IT investments (Jeffery and Leliveld, 2004). IT management and governance is a discipline that is receiving lots of recent attention because it offers potential for removing many of these barriers to IT success. This paper discusses what IT management and governance is, why it is important, potential benefits, industry success rates, successful implementers, and vendor solutions. Despite potential pitfalls in organizations, surmounting these hurdles is necessary for companies to survive in an economically challenged and highly competitive environment. Just as companies manage all business processes via enterprise resource planning and other enterprise applications, businesses will begin to manage their IT operations and…… [Read More]

Bibliography

Conrad, K. And Beck, J. SGML, Hytime and organic information management models. Retrieved July 2, 2004 from Web site: http://www.sagebrushgroup.com/organic.htm#Risk%20Management

Gaughan, D. And Durocher, C. (2004, June 23). IT portfolio management software: clear benefits, converging marketplace. AMR Research Report.

McNurlin, B. And Sprague, R. (2002). Information systems management in practice, sixth edition. Upper Saddle, NJ: Prentice Hall.

IT governance executive summary. IT Governance Institute. Retrieved July 1, 2004 from Web site: http://www.itgi.org/Template_ITGI.cfm?Section=Recent_Publications&CONTENTID=6674&TEMPLATE=/ContentManagement/ContentDisplay.cfm
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Innovations in Technology in Recent

Words: 4737 Length: 17 Pages Document Type: Essay Paper #: 1054395

One such exemplary resource is Epicor's recent guide, "Managing Today's Professional Services Organization: How to Improve Efficiency and Increase Profits" (2011). Although the guide contains some self-serving information concerning Epicor's own IT product line, the bulk of the guide is devoted to timely and informative insights concerning how IT can facilitate project delivery in professional services organizations. For instance, according to Epicor's guide:

Ultimately, a successful operational model demands higher-order tools such as resource, opportunity and knowledge management to achieve operational best practices. The reality facing most organizations, from small, specialized firms to the largest, most sophisticated multinational consulting agencies, is the same -- each faces significant challenges related to accurately and efficiently capturing time and expense, managing work-in-progress, generating and approving invoices, and reporting on project and client status. (Managing today's professional services organization, 2011, p. 1)

Given the wide array of enterprises that now fall under the umbrella…… [Read More]

References

Ashby, M.D. & Miles, S.A. (2002). Leaders talk leadership: Top executives speak their minds.

New York: Oxford University Press.

Bielski, L. (2002). Talent is available, will anyone grab it? ABA Banking Journal, 94(5), 30-32.

Copeland, M.C. (2010, August). Marketing and advertising for CPAs: Leading-edge strategies.
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Telestar International Who Do You Believe Is

Words: 730 Length: 2 Pages Document Type: Essay Paper #: 21643657

Telestar International

Who do you believe is at fault in this situation?

It is difficult to determine who is at fault here. Perhaps all are equally for what should have been conducted here ahead of time is project management which would have set the direction of the project, specifying and clearly delineating its business requirements, resources, cost, and so forth, and specifying the portfolio of projects that should be undertaken to achieve them (ajegopal et al., 2007). In this way, the project manager would have averted any problem with cost and conflict. The fault, therefore, may be largely attributed to the project manager. On the other hand, it seems to me that the project manager was correct in deciding to stop all activities as long as this would have a temporary cessation with the intention of assessing deficiencies of the project and assessing how to correct the situation.

Should the…… [Read More]

References

Rajegopal, S., McGuin, P. & Waller, J. (2007). Project Portfolio Management: Leading the Corporate Vision. Basingstoke: Palgrave Macmillan.
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Gantt and PERT Chart Tools One Look

Words: 3936 Length: 8 Pages Document Type: Essay Paper #: 37617672

GANTT and PERT Chart Tools

"One look is worth a thousand words"

(Barnard, 1920s, as cited in Lutz, 2009, p. 7).

Critical Chart Choices

Just as the project manager must evaluate alignment, benefits, and risks as well as other business and project factors when considering projects to manage, the project manager must also routinely make critical chart choices. During the course of a project, the project manager must assess whether GANTT charts, critical path analysis, task tracking, time capture, Program Evaluation and Review Technique (PERT) or another type chart will best serve to compute the estimate for the project's completion. In the book, Project portfolio management: a practical guide to selecting projects, managing portfolios, and maximizing benefits, Levine (2005), a project management specialist and consultant since 1962, asserts that tactical management systems range from the management of individual projects to the management of programs packed with projects, and may ultimately…… [Read More]

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Budgeting Manager

Words: 798 Length: 3 Pages Document Type: Essay Paper #: 23336485

Functions That udgeting Accounts for Is the Planning Function

We will be arguing for the importance of the planning function in the overall budgeting activity and will be arguing for the many ways the budgeting planning function is coordinating with the company's strategic planning.

First of all, the planning function in terms of budgeting refers to the planning activities that the company, starting with the financial department, needs to (1) determine what the company's long-term strategy is, (2) determine what projects bring most added value to the company and (3) determine what priority these projects should have.

Let's refer to each of these steps in part and determine how they impact the budgeting strategy of a company. The long-term strategy for a company is essential in determining the overall objective of a company. For the long run, this may be increasing the volume of sales or increasing the market share…… [Read More]

Bibliography

1. The Training and Technical Assistance Division. Budgeting Techniques. On the Internet at http://www.tcada.state.tx.us/training/presentation/ppt/BudgetingTechniques.ppt#1

The Training and Technical Assistance Division. Budgeting Techniques. On the Internet at http://www.tcada.state.tx.us/training/presentation/ppt/BudgetingTechniques.ppt#1