Calculating variances-indexes and forecasts

Assignment Help Operation Management
Reference no: EM131673471

Calculating variances, indexes, and forecasts would seem to make the decisions easy, but we know that the numbers don't manage the project. We do. We accept that we have to make new projections based on how the project is performing and then decide what we will do to make it meet the requirements in the end. So how will you, as the project manager, use this information to ensure project success at completion? What might get in your way? Does it matter where you are in the project timeline?

Reference no: EM131673471

Questions Cloud

Identify technique or methods to collect data for each level : Generate at least two important questions to ask when conducting each level. Identify two techniques, sources of data or methods to collect data for each level.
Which side do you find the most convincing and why : What are the basic arguments for Affirmative Action and what are those against it? Which side do you find the most convincing and why?
What is significant about the new learning for me : What did I actually learn? What is significant about this new learning for me? How does this learning link to my future career?
Calculate the residual income for simplegreen : Calculate the residual income for Simplegreen if Excellent Motor has a required rate of return of 16% on investments.
Calculating variances-indexes and forecasts : Calculating variances, indexes, and forecasts would seem to make the decisions easy, but we know that the numbers don't manage the project.
Estimate to completion and budget at completion : estimate to completion (ETC), estimate at completion (EAC), budget at completion (BAC), and complete performance index (TCPI).
What philosophical lessons can be derived from the euthyphro : What is the philosophical significance of Socrates' question: "Do the gods love it because it is holy? Or is it holy because it is loved by the gods?"
What was the division roi for the year : ROI, RI, EVA. Hamilton Corp. is a reinsurance and financial services company. Hamilton strongly believes in evaluating the performance of its stand-alone.
Identify the limitation or shortcoming pertaining to project : For this discussion, identify the limitations or shortcomings pertaining to your current project. Is it too costly?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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