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Since the hospital's project budgeting approach is under the microscope due to several large, public budget overruns, Walter is asking you for very concrete three-point/range estimates and budget numbers. You are able to get good "most-likely" estimates from your team for the work they are doing, but the largest numbers (and most unknown right now) are the vendor estimates. You could develop some estimates based on your vendor experiences from the private hospital, but you know those numbers are on the high end of the cost range. You and Walter discussed this during your last face-to-face status meeting. He was not comfortable using just those numbers (although that would make the project appear to come in under budget) and wanted to have numbers that are more likely. He asked you to follow up with him via e-mail detailing the approach you will take. You suspect that he will enhance the e-mail and send it to the CFO in response to the CFO's concerns.
Using your knowledge of the case study, prepare the e-mail you will send Walter that describes your approach to defining the project budget. Be sure to clearly define your approach for obtaining estimates for the 10 vendors that may be used on the project. Remember that you have not selected the vendors yet, but you do have a list of 50 possibilities.
Out of the eight traits associated with being an effective project manager, choose three that you possess and how do these traits contribute to effectively managing the execution of a project
What is the projected revenue, costs, and potential profits would be over the next 10 years based on the current capacity,
What are the advantages of using a high-moderate-low (or red-yellow-green) risk designation as opposed to assigning quantitative numbers to each cell and risk level ?
Evaluate the project's annual project free cash flow for each of the next five years
How does each of the following impact project development: problem-driven projects, opportunity-driven projects, and mandate-driven projects?
Which project do the debtholders prefer and which project do the shareholders prefer?
How to Respond to Risks - As a project manager, the risk assessment is one of the most important pieces of project documentation.
What is the five-layer behavioral model? What are some other models that can assist in team building?
A procurement manager who has been tasked with setting up a program to enhance the ability of your company's existing suppliers to better meet your company's requirements for high product quality.
Develop the work flow sequence specified in the problem shown below. Do not consider any of the scheduling information provided below in your work.
Assume you are analyzing the market opportunity of a distance learning company, Learnmore.com that creates education courses delivered over the Internet for the Fortune 1000 corporate market. Assume that the overall size of the distance learning m..
Write a paper which explore Results Based Management topic and how it plays the role of project management in development.
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