Strategic estimating

Assignment Help Operation Management
Reference no: EM131282850

Strategic Estimating

Your family asks you to become President of your family owned construction and CM organization. You have $90 million in annual revenues and you want to grow by 20% per year.

Your first task is to reorganize and do estimating with a new estimating department. (previously project managers did the estimating).

What is your approach? Consider, who and how many you hire; experience; skill sets and personal characteristics.

Reference no: EM131282850

Questions Cloud

Department of defense benefit from open-source software : How can the Department of Defense benefit from open-source software? Name 4 project controls to use during preconstruction phase of a project. (Construction Management). What have been the keys to FedEx's success since its inception?
Effective leadership depends on many factors : Effective leadership depends on many factors. Based on the fact that there is no simple prescription for? leadership, is leadership effective merely through a matter of opinion or subjective? preference?
The retail division of his familys furniture business : The Son-In-Law Jim Martin walked into his father’s office and threw his resignation on the desk. Age 34 and general manager of the retail division of his family’s furniture business, Jim had been with the company for 10 years. Assume Jim Martin decid..
Construction company reputation for quality work is average : After losing two “Fee & GC” proposals you meet with the owners for a follow up and learn that your construction company reputation for quality work is average (not good enough). You meet with your management team and learn that sub pricing is very go..
Strategic estimating : Your family asks you to become President of your family owned construction and CM organization. You have $90 million in annual revenues and you want to grow by 20% per year. What is your approach? Consider, who and how many you hire; experience; skil..
What does it mean to put earnings at risk : What does it mean to put earnings at risk? List the potential costs and benefits of placing a substantial percentage of pay at risk for all employees in the following types of organizations:  a hospital, a restaurant, a brokerage firm, and a fashion ..
Forecast the impact of various implementation decisions : A projected financial statement analysis seeks to forecast the impact of various implementation decisions. The pro forma financial statement can be part of the risk analysis of strategic plan. The goal of this assignment is to ensure your strategic p..
Learned about effective innovation architecture : how your understanding of the importance of effective innovation architecture has developed or changed. Address the following in your response: What are the most valuable things you learned about effective innovation architecture?
What is meant by capital budget and present an argument : What is a capital asset? Explain what is meant by a capital budget and present an argument to justify the development of capital budgets by governmental units, giving at least two reasons to support that view. Explain the major differences between an..

Reviews

Write a Review

Operation Management Questions & Answers

  Raise shipping costs for e-commerce orders every quarter

Your company has had to raise shipping costs for e-commerce orders every quarter. The table below displays the shipping cost per order you have been charging customers and the number of orders received in the month the new charge went into effect. Qu..

  Basing your knowledge on the same

Technology has greatly impacted human resources and will continue to do so as new technology is developed. Basing your knowledge on the same, highlight how the technology has managed virtual workforces in the organizations.

  When compared to union contract grievance procedures

With current employment law, do you believe an open door policy is an adequate grievance procedure? What are the advantages and disadvantages when compared to union contract grievance procedures?

  Consumer perception-consumer learning and consumer research

Define and explain the difference between Consumer Perception, Consumer Learning, and Consumer Research

  Economic advantage of alternative

Compute the economic advantage of the alternative recommended by you in part a) above over the other alternative.

  Describe the approach to research the subject thesis

One of the requirements for this course is the completion of a five-page Research Paper. The Research Paper is distinguishable from a report by the inclusion of an original thesis. The Research Paper will be at least five pages in length, include at ..

  Manufacturer of sophisticated computer parts

When in Malaysia W.B. Milestone, Inc., a manufacturer of sophisticated computer parts, recently moved the operations of one of its divisions to Malaysia. The Company has hired several hundred workers at wages considerably below their U.S. counterpart..

  Determine about the corporate culture from the fact

What can you determine about the corporate culture from the fact that they waited this long to consider the development of an EPM system?

  Define organizational culture

Define organizational culture and explain the relationship between organizational culture, business context and Knowledge Management. Identify and summarize the key organizational culture enablers and obstacles to effective knowledge sharing. Please ..

  Calculate utilization at each station-create process flow

Create a process flow diagram. b. Calculate the capacity (in minutes) at each station (cashier, frozen drinks, espresso). c. Calculate the total workload (in minutes) at each station given the customer arrival rate. d. Calculate the (implied) utiliza..

  Organizational newcomers or new employees

What ways do mentors help organizational newcomers or new employees?

  What connections exist between reading black sexual politics

What connections exist between the reading "black sexual politics" by Patricia Hill Collins and current events/ popular culture and the way the material’s arguments might be extended?

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