Project Management: The Managerial Process (Mcgraw-hill Series Operations and Decision Sciences)
Project Management: The Managerial Process (Mcgraw-hill Series Operations and Decision Sciences)
7th Edition
ISBN: 9781259666094
Author: Erik W. Larson, Clifford F. Gray
Publisher: McGraw-Hill Education
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Consider a project to develop a new software inventory system. What are some of the resource constraints that would make the project challenging?It would seem that if you shorten the critical path, you need to spend MORE money (overtime, extra labor, express shipping, etc.), not less. So how could it save money and shorten the duration of a project?explain
Two months ago Harry was asked to prepare cash budget with a very short notice. He did an excellent job and handled it before the due date. However his supervisor didn’t even notice that it was a very good job, he immediately assigned another hard job. The managers had treated Sue in the same manner last year. Now Sue has been asked to prepare a feasibility report for the new production facility that the firm was thinking of building. Although it is a hard job, Sue thinks that she will be able to prepare a very good report. However she is very unwilling to prepare it and although time is limited she hasn’t even started to prepare. Sue and Harry began to discuss their supervisors. They thought that their supervisor doesn’t care about their well-being, but he is ready whenever supervision is needed. He clarifies the tasks well, and helps the employees to solve problems related to the job but otherwise, he never interferes. On the other hand, the leader doesn’t let employees try new…
If the time remaining to complete a job is 10 days and the lead time remaining is 12 days, whatis the critical ratio? Is the order ahead of schedule, on schedule, or behind schedule?
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