Communicate project progress

Assignment Help Operation Management
Reference no: EM131124669

1. How does a Tracking Gantt chart help communicate project progress?

2. Schedule variance (SV) is in dollars and does not directly represent time. Why is it still useful?

3. Why is it important for project managers to resist changes to the project baseline? Under what conditions would a project manager make changes to a baseline? When would a project manager not allow changes to a baseline? 

Reference no: EM131124669

Questions Cloud

Calculate the dollar discount-purchase price on this t-bill : Sager Inc. just purchased a 91-day, $1 million T-bill that was selling at a discount of 3.1 percent. Assume a 360-day year. Calculate the dollar discount. Calculate the purchase price on this T-bill. Find the bond equivalent yield (BEY) on this T-bil..
Calculate the expected return on portfolio : Security Returns If State Occurs State of Probability of Economy State of Economy Roll Ross Bust .30 -11 % 12 % Boom .70 29 5 Calculate the expected return on a portfolio of 50 percent Roll and 50 percent Ross by filling in the following table: State..
Identify current assets-net fixed assets and total assets : Prepare a balance sheet in good form using the information given below. Make sure to identify current assets, net fixed assets, total assets, current liabilities, long-term debt, total equity, and total liabilities and equity. Gross fixed assets $45,..
What is your assessment of the current status of the project : In month 9 the following project information is available: actual cost is $2,000, earned value is $2,100, and planned cost is $2,400. Compute the SV and CV for the project. On day 51 a project has an earned value of $600, an actual cost of $650, and ..
Communicate project progress : How does a Tracking Gantt chart help communicate project progress? Schedule variance (SV) is in dollars and does not directly represent time. Why is it still useful? Why is it important for project managers to resist changes to the project baseline? ..
At what volume of output does the centre break even : A processing centre has the capacity to assemble 500,000 units per year. At present it is operating at 75% of capacity. The annual income is $500,000. The annual fixed cost is $125,000 and the variable cost $0.50 per unit assembled. What is the annua..
Long-run fraction of potential customers that are lost : Cars arrive at a gas station according to a Poisson process with an average of 10 customers per hour. A car enters the station only if four or fewer cars are already at the gas station. The gas station has only one pump. Formulate a continuous-time M..
Give two examples of possible net surpluses : Give two examples of possible net surpluses that three voters get from each of two possible political alternatives A and B. Construct your first example so that the alternative that wins a majority vote generates the maximum total net surplus. Make y..
What does practice of tying run afoul of antitrust statutes : What is tying? When does the practice of tying run afoul of the antitrust statutes? The Supreme Court ruled in the Eastman Kodak v. Image Technical Services [ 504 U.S. 451 (1992)] that Eastman Kodak’s practice of withholding access to replacement par..

Reviews

Write a Review

Operation Management Questions & Answers

  Professional magazine regarding the value of diversity

You are preparing to write an article for a professional magazine regarding the value of diversity in teams. Diversity can include any of the following:

  Perpetually reviews inventory levels

Mr. Dave Jones manages the warehouse in inventory for Athleticks, a distributor or sports watches. From his experience, Mr. Jones knows that the PR-5 jogging watch has an average daily demand of 100 units and a performance cycle of 8 days. Mr.Jonesre..

  Activities do for their mental-emotional and physical health

Of course we can laugh when our parents and grandparents (or even we) reflect on the “good ol' days” when life was simple and children played in the yard, made fun out of anything they could find, and spent minimal time in front of the “boob tube” an..

  Determine the event that forced american businesses to

1. an operations manager needs to keep the correct inventory in place to support the business. why is inventory control

  Will transportation cost change with reduction

How else may lead time be reduced? Will transportation cost change with reduction in lead time? Discuss with examples?

  Listening skills that you do well and two

Review the main principles of effective listening, and select two (2) listening skills that you do well and two (2) listening skills upon which you could improve. Next, create a scenario in which you could implement the improvements that you have sel..

  Decision to implement a merger or acquisition strategy

What reasons could account for an organizations decision to implement a merger or acquisition strategy? How does an organization determine which of the two strategies to implement?

  Discuss ways to implement the new system

A well-planned approach is important, and many will need to have training to learn some of the team-building skills necessary to make this a success. You realize that for some, this may be uncomfortable, which is why the managers must be the first..

  Product through successive stages of the product life cycle

Managing the product through successive stages of the product life cycle is an important role for a product manager. Assess the three ways to manage a product through its life cycle, including examples to help clarify your assessment. Indicate the re..

  Employees of multinational corporations

Employees of multinational corporations (MNCs) might have to bribe executives in foreign countries because they have a different set of business practices. If an employee from a United States (domestic) business is willing to change their own ethical..

  Determine the step in the radicalization process

Determine the step in the radicalization process described by Marc Sageman in the text in which the individual is most vulnerable to discovery by law enforcement. Examine the significant implications that this vulnerability to discovery of those u..

  Identify the relationship between resources, their cost

Identify the relationship between resources, their cost, and the project schedule. Explain how resources should be used to achieve better performance levels.

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