Considering project scope-project cost and project schedule

Assignment Help Operation Management
Reference no: EM132878195

Imagine that you are a project manager, and your project schedule indicates that the work to be completed by a critical resource will not be finished in time to meet a predetermined release date for the resource in question. Determine your options and potential trade-offs. Support your response and rationale with real-world examples of the chosen options and trade-offs in use

Considering project scope, project cost, and project schedule, describe one type of contract for which the project manager would most likely allow cost overruns to occur, and prepare a real-world example that illustrates that type of contract.

Reference no: EM132878195

Questions Cloud

How budgeting process as employed by springfield corporation : 1. Discuss how the budgeting process as employed by Springfield Corporation contributes to the failure to achieve the president's sales and profit targets.
What is the amount of a gain or loss on realization : Distribution of cash upon liquidation - Lyle and Fisher are partners, sharing gains and losses equally. What is the amount of a gain or loss on realization
Determine two instances when subtask estimates : Determine two instances when subtask estimates would not be rolled up to their parent tasks.
Journalize the entries to record the adjustment of assets : Journalize the entries to record (a) the adjustment of the assets to bring them into agreement with current market prices
Considering project scope-project cost and project schedule : Considering project scope, project cost, and project schedule, describe one type of contract for which the project manager would most likely allow cost overruns
Prepare a statement of partnership equity for the year : In early January, Lance McGinnis is admitted to the partnership by contributing $50,000 cash for a 20% interest. Prepare a statement of partnership equity
Describe project scope and project management plan : Describe the project scope and project management plan. Align your plan to the overall strategy that you had recommended to the senior executives in Assignment
Has wal-mart had a positive impact or a negative impact : Has Wal-mart had a positive impact or a negative impact on our society? Consider neighborhoods in Chicago that rely on small grocery stores
Provide the journal entry for Jenkins admission : Provide the journal entry for Jenkins' admission under the following independent situations: Jenkins purchased a 20% interest for $45,000

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd