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The firm will develop a sophisticated online web portal infrastructure which will support quality improvement programs in five plants in different locations of the company. The manufacturing operations will have to report progress, submit data, share ideas, measure and monitor quality improvement initiatives.
Describe how you will prevent or mitigate them. For the procurement management process, you will update your project schedule to include the extra tasks related to this work and develop a contingency budget component. For the contract administration process, you will supply the details for how you will manage the overall contract process, and define your relationship with the vendor doing the work including checkpoints and payments.Procurement Risks
-Provide the list of risks related to the procured or contracted work.-Rate the risks according to likelihood and impact.-Include the mitigation strategy for each.-Include potential cost of each if it occurs.-Procurement Management Process-Update the existing schedule or plan to include the additional tasks related to the deliverable that is now outsourced.-Update the contingency budget to include additional costs that may be related to resolving risks.-Design the overall communications process related specifically to the procured work.-Contract Administration Process-Determine the communications process through status meetings, how often they occur, and what information will be supplied.-Describe each of the checkpoints and what reviews and sign offs will take place.-Identify the roles and responsibilities of both the vendor (seller) and the project manager (buyer).-When problems arise, describe in detail what the process will be to solve them-Please provide references.
Explain the process you would use to close a project.
Select 2 of the highest risks. Explain why these are considered high risk, and explain their potential effect on the project.
Assuming the firm faces a 30% tax rate, calculate the project's annual project free cash flow (FCF) for each of the next five years.
What can be done to ensure effective and successful project risk management? Please explain, provide examples.
Compare and contrast the protection to intellectual property provided by trade secrets relative to that provided by patents.
Depreciation is based on the asset cost plus all of the following except:
Describe the five steps of Project Interface Management. Is it applicable at the Project Level or at a Portfolio/Program level?
What are the principles of the AICPA Code of Professional Conduct? What sorts of actions may be considered legal, yet unethical?
Discuss the concept of selective exposure and explain why it is important to marketers. Offer some examples of how consumers engage in selective exposure.
As a project manager, discuss the cost and time methods you would chose to work with and why you believe these are the best.
Create a mission and vision statement for your organization and determine at least three specific strategic goals that align with the ideals in those two statements.
What are the pros and cons to the systems view approach?
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