Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
QUESTION 1
(a) You are the project manager of a leading textile engineering company. The company opened its door in year 2000. Today, after 13 years of existence, it is being challenged with a loss in profitability approximating a 65% loss in net revenue. The management of the company is at the moment willing to create a new product which shall overwhelm the local market. The product shall be destined towards women wears. Conversely new equipment shall have to be purchased and the cost shall incur 20% from the remaining 35% of profit (when loss in revenue has been subtracted). Spare parts to the equipment shall be at all times stored and shall cost 5% of the final profit of 15%. Use the Iron Triangle, which includes the cost, scope and time of a project to explain how these three elements interact amongst themselves in the present situation. You may us a case study to explain this interaction.
(b) What do you understand by the following terms?
(i) Net Present Value (NPV)
(ii) Internal Rate of Return (IRR)
QUESTION 2
(a) Produce the Risk Management Model
(b) Briefly explain each of the 5 steps through which risks are modelled
(c) List down the 5 types of risk
Simulation Methods - Describe the possible benefits to using one of the simulation methods when assessing for possible project risks.
What are the advantages and disadvantages of micromanagement? What are the advantages and disadvantages of a emphasizing relationships over accomplishment of specific project goals?
Prepare the case for an optimistic sales manager who suggests that you should move ahead with the FMS now
Each member's proposal for the precise use of layout, formatting, formulas, and functions of the new workbook.
If you don't have personal experience with a project, research how project management practices have made projects successful.
Using a relevant product within the hospitality or tourism sector answer the three following questions. Define the term product. Describe the four main product levels that applies to your chosen product.
What would you do if you were in a position at Nike to decide whether to continue or revise your labor practices in a foreign country?
Who is potentially affected by the issue and was the article well written
Explain how should the project manager expand for the enterprise-level project and plan for these factors accordingly?
Description of how the challenges in acquiring resources to complete the projects and steps the organization takes to assess risks. I need it explained to me how to make recommendations for improvement.
Business question: Project Management - explain what is included, as well as what is excluded.
This entry provides instructions and an example that shows how one can properly create a project schedule and manage a budget via MS Project.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd