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Q1) Assume you work for a medium sized manufacturing company that's has $10 million for capital projects for this year, and you work in one of the following departments (Choose only one). You're asked to provide a proposal for why the company should allocate the $10 million to your department. Here's the scenario:
1. Sales department--$10,000,000 needed to setup a new sales office and add an additional warehouse on the West Coast to expand distribution and increase sales.
2. Production department--$10,000,000 needed to purchase new equipment and redesign the manufacturing facility to reduce product costs and improve quality.
3. Planning department--$10,000,000 needed to acquire a small competitor that has some good products that will complement your company's product offering.
In the restaurant industry, what could be the single most difficult issue in procurement management for a project manager? Why?
You have been assigned to a new and important project for your company. How would your management style differ if your project was being done in a functional organization verses a pure project environment?
Discuss the techniques that companies are using today for estimating time and cost in their projects.
Essay Question: You have been assigned to a new innovative project in your organization. The scope has been completed. You next need to create a WBS and a WBS dictionary. What information should be contained in a WBS dictionary?
What information is most and least useful to a project leader when creating a project organization chart?
Assuming a risk-free interest rate of 5%, which of the following statements about the project is FALSE? The net present value of the project is positive.
Write a minimum of a 650 word essay in APA format describing how "data warehousing and storage systems" can be used within the organization.
What are the basic steps in the project risk management process?
What is an acceptable risk and how would you determine this?
A project scope statement is used to define the end result of a project. Its purpose is to define as clearly as possible what the project will deliver to the customer.
What do you understand by the term Scheduling? Explain how the following ways for duration compression of a project can be achieved- Fast tracking Crashing
Both machines are in the 4 year MACRS class, with depreciation amounts of 15%, 45%, 33% and 7%. What are the Operating Cash Flows in the first year (Year 1) with the new machine?
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