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The Directors of Venus Plc are discussing the importance of the dividend policy on the market value of their firm. The Chairman considers that the dividend is important and does
WHY KATTAPA KILLED BAHUBALI?
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Introduction-The project must make the most efficient use of time, money, personnel, materials and communication in to successfully complete a project. The project manager must implement project control systems from the start so the project goes forward within time and budget constraints. Project control is essential but if implemented incorrectly it can have devastating effects on the outcome of a project. The mission fire project has been prepared to understand various issues relating to manage such big project. It defines the project scope and how the scope of project can be changed and managed. What are the role of the project manager and his team, how the milestone of time and budget is achieved. The project was to be completed within stipulated time and budget constraint Gary’s lack of project management experience was obvious throughout the project and he failed to understand that the ultimate responsibility lied on his shoulders as the project manager even though it was under Henry Larsen’s encouragement. The problems that were created due to the bad decisions in the beginning could have been avoided had Gary better communicated what was going on to the rest of the team. The problem may be occurred of the technical specification if not met we can go for the new material. We may also face the problem of Budget and time which can be managed by change in Scope Statement. Project manager may overcome the problem by motivating his Team. Project manager should not involve in the work rather he should manage his team. [4]3.3 Background and environment of project The mission fire project was an undertaking to improve the structural capabilities of ISRO Shuttle Launch Booster and to use new materials that would result in a longer life period and the ability to meet new temperature specifications. Henry had questionable judgment as well poor ethics. His first bad decision was hiring an inexperienced Project Manager, Gary Allison, which was made because Gary ignored his own moral compass for the sake of getting a promotion. This was much too significant and expensive of a project to hire someone to manage the project that did not have enough experience to handle such a big project. After 14 successful years as an engineer at Scientific Engineering Corporation (SEC), Gary Allison accepted a promotion as a Project Manager on the Orion Shield Project, at the hefty price tag of jeopardizing his own morals and judgment. [11]Accepting this new position would ultimately be his fall from grace, going from the best engineer in the plant to eventually failing miserably as a Project Manager and losing his job. Many bad decisions were made by Gary which was created when he abandoned his better judgment to go along with Henry. These decisions were only compounded as Gary tried to cover the unethical decisions that were made in the preliminary stages of the project. Gary’s lack of project management experience was obvious throughout the project and he failed to understand that the ultimate responsibility lied on his shoulders as the project manager even though it was under Henry Larsen’s encouragement. The problems that were created due to the bad decisions in the beginning could have been avoided had Gary better communicated what was going on to the rest of the team.
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