Pine Valley Furniture In an effort to better serve the various departments at Pine Valley Furniture, the PVF information systems department assigns one of its systems analysts to serve as a liaison to a particular business unit. Chris Martin is currently the liaison to the purchasing department. After graduating from Valley State University, Chris began working at Pine Valley Furniture. He began his career at PVF as a programmer/analyst I. This job assignment required him to code and maintain financial application systems in COBOL. In the six years he has been at PVF, he has been promoted several times; his most recent promotion was to a junior systems analyst position. During his tenure at PVF, Chris has worked on several important projects, including serving as a team member on a project that developed a five-year plan that would renovate the manufacturing information systems. Chris enjoys his work at Pine Valley Furniture and wishes to continue moving up the information systems ladder. Over the past three years, Chris has often thought about becoming certified by the Project Management Institute. He has taken several courses toward his MBA, has attended three technology-related seminars, and has helped the local Feed the Hungry chapter develop, implement, and maintain its computerized information system. a. While eating lunch one day, Juanita asked Chris about the benefits of becoming a project management professional. Briefly state Chris’s case. b. What are the project management professional eligibility criteria for Chris? What documentation must he provide? c. Assume Chris has obtained his certification. What are PDUs, and how many must Chris acquire over a three-year period? d. Several activity categories are listed as qualifying for PDUs on the Project Management Institute’s website. Identify these categories. In which categories would you place Chris’s experience?
Critical Path Method
The critical path is the longest succession of tasks that has to be successfully completed to conclude a project entirely. The tasks involved in the sequence are called critical activities, as any task getting delayed will result in the whole project getting delayed. To determine the time duration of a project, the critical path has to be identified. The critical path method or CPM is used by project managers to evaluate the least amount of time required to finish each task with the least amount of delay.
Cost Analysis
The entire idea of cost of production or definition of production cost is applied corresponding or we can say that it is related to investment or money cost. Money cost or investment refers to any money expenditure which the firm or supplier or producer undertakes in purchasing or hiring factor of production or factor services.
Inventory Management
Inventory management is the process or system of handling all the goods that an organization owns. In simpler terms, inventory management deals with how a company orders, stores, and uses its goods.
Project Management
Project Management is all about management and optimum utilization of the resources in the best possible manner to develop the software as per the requirement of the client. Here the Project refers to the development of software to meet the end objective of the client by providing the required product or service within a specified Period of time and ensuring high quality. This can be done by managing all the available resources. In short, it can be defined as an application of knowledge, skills, tools, and techniques to meet the objective of the Project. It is the duty of a Project Manager to achieve the objective of the Project as per the specifications given by the client.
Pine Valley Furniture
In an effort to better serve the various departments at Pine Valley Furniture, the PVF information systems department assigns one of its
systems analysts to serve as a liaison to a particular business unit. Chris Martin is currently
the liaison to the purchasing department.
After graduating from Valley State University, Chris began working at Pine Valley
Furniture. He began his career at PVF as a
programmer/analyst I. This job assignment
required him to code and maintain financial
application systems in COBOL. In the six
years he has been at PVF, he has been promoted several times; his most recent promotion was to a junior systems analyst position.
During his tenure at PVF, Chris has worked
on several important projects, including serving as a team member on a project that developed a five-year plan that would renovate the
manufacturing information systems.
Chris enjoys his work at Pine Valley Furniture and wishes to continue moving up the information systems ladder. Over the past three
years, Chris has often thought about becoming
certified by the Project Management Institute.
He has taken several courses toward his MBA,
has attended three technology-related seminars, and has helped the local Feed the Hungry
chapter develop, implement, and maintain its
computerized information system.
a. While eating lunch one day, Juanita asked
Chris about the benefits of becoming a
project management professional. Briefly
state Chris’s case.
b. What are the project management professional eligibility criteria for Chris? What
documentation must he provide?
c. Assume Chris has obtained his certification. What are PDUs, and how many must
Chris acquire over a three-year period?
d. Several activity categories are listed as
qualifying for PDUs on the Project Management Institute’s website. Identify
these categories. In which categories
would you place Chris’s experience?
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