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The PMO Model
Suppose a medium size company that has decided to begin using project management in a wide variety of its operations. As part of their operational shift, they are going to adopt a project management office (PMO) somewhere within their organization. Make an argument for the PMO model they should be adopting. What are some of the key decision criteria that will help them determine which PMO model makes most sense? Please be specific and back up your suggestions with valid reasons.
Create the structure and form of management applied in the business.
The project has a 9 percent required rate of return and an initial cost of $2,800. What is the discounted payback period?
What are some performance measurement systems? Identify three additional potential measures of your project. Why were these measures not selected for your project?
Production department--$10,000,000 needed to purchase new equipment and redesign the manufacturing facility to reduce product costs and improve quality.
List and describe two techniques for risk identification, such as brainstorming, a Work Breakdown Structure (WBS), or a scenario analysis.
The total present value of all costs associated with an asset over a seven-year life is $73,285. If the asset has a cost of capital of 11%, what is the EAC of using this asset?
Calculate the probability that the project will be completed in 38 weeks.
Do you have to delegate responsibility for tasks to others? What are some of the difficulties you face while trying to delegate responsibility?
Calculate the following ratios needed to assess profitability and interpret the results. This should include the last 3 years of ratios for the company and the last 3 years of ratios for the competitor.
Find the critical path and project duration in days. Given that each resource is assigned 100% to each task, identify the resource constraints.
Write an essay on project management. The only requirements for the essay are: An introduction that identifies the specific profession and its primary function in society. A body paragraph that discusses the job market for this particular job.
List the strategies for positive risk or opportunities.
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