Write a paper on how the study of project cost management

Assignment Help Project Management
Reference no: EM13855797

Write a paper on how the study of project cost management will help the project manager to make better choices.

Organize your paper in the following sections:

1. Background - Summarize the situation.

2. Issues - Identify the matters of concern.

3. Causes - Analyze the factors which have given rise to the issues.

4. Solutions - Present the solutions to the issues.. 5.Results - Explore the results of implementing the solutions.

General Instructions for Case Studies:

A case study is a short description of a real business situation. Analyzing case studies gives you the opportunity to apply those concepts to real business problems. Cases are generally written for several types of analysis. Usually, there is not a "right or wrong" answer.  Rather, cases provide a vehicle for you to demonstrate your understanding and ability to apply course concepts. You must use appropriate sources (properly cited) to support your position. Check your analysis by assessing how well it demonstrates your subject knowledge. If your answer relies on your impressions of the topic prior to taking this course, it is likely that the analysis is not your best effort.

  1. Simply answering the questions which are part of the case is not enough; consider the questions to be clues to the important concepts and facts. You are strongly encouraged to use the following outline so that your analysis is organized appropriately:
  2. Identify both the key issues and the underlying issues. In identifying the issues, you should be able to connect them to the business principles which apply to this situation.
  3. Discuss the facts which affect these issues. The case may have too much information. In your discussion, you should filter the information and discuss those facts which are pertinent to the issues identified above.
  4. Discuss your tentative solution to the problem and how you would implement your solution. What actions would you propose to correct the situation, based on the knowledge you have gained in this course? Be sure to support your recommendation by citing references in the text and in the supplementary readings. You should also draw on other references such as business periodicals and relevant journals. Remember that an ANALYSIS is more than simply a SUMMARY of the Case Study.
  5. Discuss follow-up and contingency plans. How will the organization know that your proposed solution is working? What should they do if it does not work?

It may be helpful for you to "role-play" this assignment. Your presentation should cover the points listed above. By "role-playing" the situation, using the questions at the end of the case as hints, and by using this guide, you should be able to develop an action-oriented analysis with a recommended course of action.

Criteria:

  • Have you identified the critical issues/problems in the case and analyzed the key facts related to the issues/problems?
  • Have you discussed a tentative solution that addresses the issues/problems and how you would implement your solution?
  • Is information from the textbook and other sources integrated into your analysis appropriately? For all sources, you must provide complete citations.
  • Is the paper professionally presented? Remember your audience. It is important to present your information as clearly and succinctly as possible. (Do not sacrifice thoroughness for mere brevity.)
  • Please proofread carefully for grammar and spelling errors.

Attachment:- Case.rar

Reference no: EM13855797

Questions Cloud

Explain how the attentional blink relates to attention : Explain how the attentional blink relates to attention. Analyze how the variation in time influences the probability of seeing the second target letter.
Write an eassy on why to college : Write an eassy on Why to College
Difference between these two frequency distributions : Analyze the difference between these two frequency distributions along the dimensions of mean, standard deviation, range, kurtosis, and skewness. What do these differences mean?
How could handle counterargument or ideas : Respond to at least two peers. If you see any errors or have any questions about the citation, give your peers some advice on how they could correct it or tell them what questions you have about how the citation might be incorrect. Also offer any ..
Write a paper on how the study of project cost management : Write a paper on how the study of project cost management will help the project manager to make better choices. Organize your paper in the following sections: Background - Summarize the situation. Issues - Identify the matters of concern
Discuss any ethical ramifications of failure to take proper : Discuss any ethical ramifications of failure to take proper care of yourself while working in the field of psychology
Describe how the process of memorization works : Describe how the process of memorization works
Theories of development and application : Theories of Development and Application
Determining fat content in potato chips : Determining Fat Content in Potato Chips. What type of funnel is used to separate the petroleum ether mixture from the water mixture?

Reviews

Write a Review

Project Management Questions & Answers

  Identify potential printer from each company that could meet

Identify potential printers from each company that could meet the requirement. Clarify the warranty coverage and cost.

  Find the cost benefits analysis

Explain how do you ensure that the requirements are fully developed and vetted by project SMEs so that the risk of a scope increase is low?

  Market entry strategy project presentation

Market Entry Strategy Project presentation.

  Good project management can aid with project failure

Very interesting article is present at CIO.com. Title of this article is "Why Project and Portfolio Management Matter More at Recession Time". Do you believe good project management can help with project failure?

  Definition of production system and operations management

Definition of Production System and Operations Management - Define a production system and how does the concept of a production system help in the understanding of OM?

  Describe the key elements of the it project management

Describe the key elements of the IT project management framework, including project stakeholders, the project management knowledge areas, common tools and techniques, and project success factors;

  What methods evaluating project management context

What methods would you use for evaluating your listed criteria in a project management context

  Prepare strategies to manage project resources

Analyze and develop project schedules with appropriate techniques and software tools. Prepare strategies to manage project resources to include human resources, capital equipment, and time.

  How project managers can control projects

List and describe the different levers that project managers use to exert control over projects and provide an example of how each lever can be used in project control.

  Project be categorized by risk class

Why would a project be categorized by its risk class? What effect does this categorization have on the cost of capital?

  Fortran corporation would you recommend that the project be

fortran corporation would you recommend that the project be adopted?suppose the going market rate of interest on high

  Puropse of work breakdown structure

How will the work breakdown structure be used to accomplish each of the above steps and would you agree or disagree that the more levels the WBS contains

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