Reference no: EM132621408
Case Study 3.1 Keflavik Paper Company
Keflavik Paper is an organization that has lately been facing serious problems with the results of its projects. Specifically, the company's project development record has been spotty: While some projects have been delivered on time, others have been late. Budgets are routinely overrun, and product performance has been inconsistent, with the results of some projects yielding good returns and others losing money. They have hired a consultant to investigate some of the principal causes that are underlying these problems, and he believes that the primary problem is not how project are run but how they are selected in the first place. Specifically, there is little attention paid to the need to consider strategic fit and portfolio management in selecting new projects. This case is intended to get students thinking of alternative screening measures that could potentially be used when deciding whether or not to invest in a new project.
Questions
Keflavik Paper presents a good example of the dangers of excessive reliance on one screening technique (in this case, discounted cash flow). How might
Assume that you are responsible for maintaining Keflavik's project portfolio. Name some key criteria that should be used in evaluating all new projects before they are added to the current portfolio.
What does this case demonstrate about the effect of poor project screening methods on a firm's ability to manage its projects effectively?
Case Study 4.1-In Search of Effective Project Managers
This case involves Pureswing Golf, and illustrates the problems when organizations attempt to locate competent project managers without any systematic plan for identifying and training good potential candidates. They are discovering that the "voluntary approach," whereby new project managers are solicited seemingly at random from around the company, simply does not work. Many of these individuals likely do not have the skills or a reasonable understanding of what it takes to manage projects effectively.
Questions
Imagine you are a human resources professional at Pureswing who has been assigned to develop a program for recruiting new project managers. Design a job description for the position.
What qualities and personal characteristics support a higher likelihood of success as a project manager?
What qualities and personal characteristics would make it difficult to be a successful project manager?
|
What is the amount of applied overhead
: Question - The following information was taken from the records of a manufacturing company: What is the amount of applied overhead
|
|
Analogy to describe two eukaryotic organelles
: Relate the analogy to the organelles function, location, shape, etc. The more aspects of the organelle you can relate it to, the better the analogy.
|
|
Compute the total cost debited to the b and a inc
: Compute the total cost debited to the B&A Inc, machinery account? Right after machinery started working and produced some units the company incurred Rs=1200/-
|
|
Present an outline for your training as a response to thread
: Your organization (you can represent any organization, McDonalds, Starbucks, ESPN, etc.) has asked you to create a training presentation on ethics.
|
|
Search of effective project managers
: What qualities and personal characteristics support a higher likelihood of success as a project manager?
|
|
Which principle do think is most important and why
: Which principle do you think is most important and why? And if there is a situation for an accountant in which violation from GAAP achieves the major goal
|
|
Use of crispr-cas9 to edit the human genome
: Discuss two pros and two cons regarding the use of CRISPR-Cas9 to edit the human genome.
|
|
Ethical relativism-subjective aspects of christian ethics
: What, if any, are the differences between ethical relativism and the subjective aspects of Christian ethics?
|
|
Prepare statement of share holder equity at december
: Would the use of accelerated depreciation in the financial statements be more conservative or less conservative? Explain with figurative work.
|