PROJECT MANAGEMENT (LOOSELEAF)-W/ACCESS
7th Edition
ISBN: 9781260216011
Author: Larson
Publisher: MCG
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Textbook Question
Chapter 5, Problem 5.1.1C
At this point, what would you do if you were the project manager?
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what are some of the reasons why objective project evaluation may be difficult to achieve?
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A project manager responsible for a medical health services projectwhich will benefit low income earners, the unemployed and the homeless. The project is quite large and consists of the sourcing and acquisition of medical professionals, medical supplies and medical establishments to provide the services stipulated by the project charter. that after you have signed fixed price contracts for the medical services to be offered to your target population, one of the local pharmaceutical companies contracted to provide medical supplies, sends you correspondence which states that the prices that were previously agreed to have increased. The company is adamant that you have to pay the additional funds because of the increase or you will not receive the products.
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Chapter 5 Solutions
PROJECT MANAGEMENT (LOOSELEAF)-W/ACCESS
Ch. 5.1A - How many labor hours should the eighth satellite...Ch. 5.1A - How many labor hours for the whole project of...Ch. 5.1A - What price would you ask for the project? Why?Ch. 5.1A - Midway through the project your design and...Ch. 5.1A - Near the end of the project, Deutsch Telefon AG...Ch. 5 - Why are accurate estimates critical to effective...Ch. 5 - Prob. 2RQCh. 5 - Prob. 3RQCh. 5 - What are the major types of costs? Which costs are...Ch. 5 - Why is it difficult to estimate mega project...
Ch. 5 - Define what a white elephant is in project...Ch. 5 - Calculate the direct cost of labor tor a project...Ch. 5 - Mrs. Tolstoy and her husband, Serge, are planning...Ch. 5 - Exercise Figure 5.1 is a project WBS with cost...Ch. 5 - Firewall Project XT. Using the complexity...Ch. 5 - At this point, what would you do if you were the...Ch. 5 - Prob. 5.1.2CCh. 5 - What estimating techniques should be used for a...Ch. 5 - Assume you are either Mike or Josh; how would you...Ch. 5 - Prob. 5.2.2CCh. 5 - After cost, what other factors should be...
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- How does the role of a project sponsor differ from that of a project manager, and what impact does it have on project outcomes?arrow_forwardUnder what conditions would the top-down approach to estimating project times and costs be the best choice?arrow_forwardProject management phases should be shown, but is that possible? How can a system be scientifically successful yet financially disastrous for the company?arrow_forward
- In what ways does the implementation phase affect the project's ultimate success or failure? Which one do you think is the most important?arrow_forwardWhat aspects of a project's execution are most crucial to its ultimate success or failure? Which one do you think is the most important?arrow_forwardWho are Rolls-Royce’s principal project management stakeholders? How would you design stakeholder management strategies to address their concerns?arrow_forward
- As a project manager, at the beginning of project execution, you notice different opinions between team members relating to project work and deliverables and the level of overall complexity. What should you do right now?arrow_forwardExplain a situation where you have used project evaluation. How would it have been made better with the use of the information in Chapter 11? Would it have been? Why or why not?arrow_forwardWhy do you think controlling project quality involves conforming to project requirements?arrow_forward
- Why is Project Management's three limitations essential for evaluating success or failure of the project?arrow_forwardInstructions Assume that your class group has been selected and hired by the FAO to manage this FAO Funded Aquaponics Project described in the article (above). Using expressed and implied information in the article, your project team is required to craft/develop some project documents and plans to help in the overall management of the Aquaponics Project, with specific focus on the components and questions/statements listed below. Outline the key project activities that your team will use/do to properly initiate or start the Aquaponics Project. Thoroughly propose an initial risk register for the Project (with a minimum of 5 risks).arrow_forwardThe goals you seek to achieve any successful project manager?arrow_forward
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