Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

PM to rescue a project in trouble - Assignment Example

Comments (0) Cite this document
Cost control in a project is significant in project management because it enables a project to be delivered within a cost expectation as laid down by the definition of a project. Like other forms of control process, the cost control is not just about the collection and…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.4% of users find it useful
PM to rescue a project in trouble
Read TextPreview

Extract of sample "PM to rescue a project in trouble"

Download file to see previous pages To ensure that one takes the right action, the cost expenditure in a project has to be measured consistently and accurately. The certainty of cost can be attained if all project activities are completed properly. There are a number of factors that can directly have an impact of a project’s final cost compared to the original budget plan on cost.
Project changes and this involves unforeseen events, scope, execution method and levels of specification. There is also schedule whereby the sooner the completion of a project, the sooner a project does not incur costs. The foreseen events is another factor which means that although the original plan on cost where contingencies and risks are concerned, events can take place as foreseen although with a different impact on the affected cost elements.
The control schedule enables a person to understand the variance nature and its cause, capturing of current schedule, determining the variance from the baseline of the schedule and responding by taking relevant measures. The control schedule helps to monitor and control a group by influencing what changes to be made before a project is affected. The control schedule keeps the expectations of a managing stakeholder through advice on the type of work, how it should be carried out, which members to carry it out, and the duration of time it will take. The control schedule gives advice on when a project can be reviewed and when the authorized product to be complete.
Schedule management plan defines how a control schedule can be changed and managed. It articulates the variances of schedule performance thus defining the circumstances when schedule reserve can be used.
Project schedule is a major and obvious input to control schedule since it consists of a daily schedule used to monitor and keep track of project work thus giving resource against results being managed as well as ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“PM to rescue a project in trouble Assignment Example | Topics and Well Written Essays - 1000 words”, n.d.)
PM to rescue a project in trouble Assignment Example | Topics and Well Written Essays - 1000 words. Retrieved from
(PM to Rescue a Project in Trouble Assignment Example | Topics and Well Written Essays - 1000 Words)
PM to Rescue a Project in Trouble Assignment Example | Topics and Well Written Essays - 1000 Words.
“PM to Rescue a Project in Trouble Assignment Example | Topics and Well Written Essays - 1000 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF PM to rescue a project in trouble

Fire & Rescue Leadership

...for a phenomenon under investigation. For this research project, it is important to seek information about the topic of discussion to develop knowledge and a mental model for leadership requirements for the fire and rescue service, something that is information rich and not precise. When deciding about a methodology for research, it is important to remember that it is possible to express facts as objective reality or as quantities. This forms the basis of the positivist tradition of research, which is quantitative research and relies on numbers, measurements and experiments to gather numerical insights under conditions of controlled, manipulated behaviour. However, for information rich topics that are...
32 Pages(8000 words)Dissertation

PM questions

...?Questions on Performance Management Performance management is the process of involving the employees in determining the best solution for improving the effectiveness and outcome of the organizations goals. This first step in this process is planning the work. This can be done as a group, or as individuals. First you outline the goals that need to be accomplished and allow the employees to come up with the solutions for how to finish them in a timely, successful manner. Then, have the employees continuously manage their performance and report how and if they are meeting the goals they outlined for themselves. It is also important that the company continually provides training in the latest innovations and ideas for their employees...
3 Pages(750 words)Assignment

Project Management Computer Systems

...Table of Contents A study of Project Management Computer Systems 2 Defining Project Management Computer System 2 Industry Approach Today 3 Evaluating a Software 4 Objectives for high level project management 6 Looking into analytical and reporting tools 6 Improvements in software 8 Existing PM solutions 9 Task Analysis of PM software 11 References 17 A study of Project Management Computer Systems Defining Project Management Computer System First, we need to define what project management software is. A standard definition can be stated as, A software program/application that is designed to facilitate computer professionals, especially project managers, with tool and resources to monitor all phases of software development including...
14 Pages(3500 words)Essay

Research Design to Determine the Future of New Orleans Levee Board

...the Board's level of services for flood protection and public safety. The District's Special Levee Improvement Projects Fund (SLIP) accounts for the capital funds for major maintenance and/or capital improvements of all physical property and plant owned by the Board that is identified as directly related to flood protection. The District's General Improvement Fund accounts for the capital funds for major maintenance or capital improvement of all physical property and plant owned by the Board that is not identified as directly related to flood protection. These projects relate to land reclamation, commercial buildings, improvements (other than buildings), and infrastructure. The Orleans Marina currently...
50 Pages(12500 words)Essay

Trouble Shooting

...OBJECTIVE TO SIGNIFY THE RELEVANCE AND HIGHLIGHTS OF THE TROUBLESHOOTING, AND SOURCES THAT CAN PLAY VITAL ROLE IN THIS RESPECT. LEARNING GUIDE GUIDE THAT HIGHLIGHTS THE ROLE OF PEOPLE, BOOKS AND WEBPAGES IN CONDUCTING TROUBLESHOOTING OPERATIONS. TROUBLE SHOOTING RESOURCES Trouble shooting is the manner of rectifying problems related to physical, electronic parameter or conduct. The manner of first evaluating the source of a problem, and then applying feasible means of repairing those is the essence of trouble shooting. The course of trouble shooting is applied in systemic manner, such that all the specifications related to the problem and situation well properly...
6 Pages(1500 words)Essay


...Formal and Informal Organization Structure Company Portfolio The company that has been chosen for the organization structural analysis is a software house that develops ATM software. It is considered to be a market leader in their respective market and caters to clients in over 20 countries. They offer a range of reliable softwares, some of them are; SMARTdeposit: for cash deposit machines/terminals. SMARTcash: for cash withdrawal machines/terminals. INSIGHT: to monitor the performance of machines/terminals. Their major client population is in the Middle Eastern countries. Formal Organization Structure The company under discussion is driven by their projects; therefore they are a good example of a...
6 Pages(1500 words)Essay


...New Technology in nursing Introduction The incorporation of modern technology is vital for the creation of a good nursing environment for the patients. A good nursing environment would therefore result to patient satisfaction hence quick recovery. In the Pleasant Manor case study; the following technological investments have to be made in order to make it more appealing and efficient in its service delivery. Medical computer software Medical computer software is a computer program designed to help a nurse in the diagnosis and suggestion of various nursing interventions. This software acts as a guide and a reminder to the nurse so that proper and precise care is given to a patient hence improving the service delivery of Pleasant... Technology...
2 Pages(500 words)Essay

Trouble Brews at Starbucks

... Trouble Brews at Starbucks Starbuck Company began in 1971 and was based at Seattle in Washington. It had specialized in the selling of whole bean coffee. In 1982, it had expanded into five stores that sold coffee beans, wholesale businesses that targeted local restraints and roasting facility (Starbucks Corporation n.pag.). In early 80s it was managed by Howard Schultz who came with a new idea from the Italy cafes (Buchanan and Simmons 67). He ended up purchasing it from the original owners for a sum of four million dollars with the aim of expanding his idea. The use of auto service and music label fueled the company growth. However, in 2007, trouble began when the company performance began to decline. It reported a reduction... on farmers...
5 Pages(1250 words)Case Study

CQ Rescue Organizations Campaign

...CQ Rescue Organization’s Campaign Executive Summary The plan aims to highlight the detailed features of the CQ Rescue organization’s campaign regarding promotion of the activities of CQ Rescue in saving the precious lives of humans. The main objectives are to raise funds, promote goodwill and increase the public awareness about importance of rescue helicopter service. A strategy to explore four areas is adopted; the four areas being engineering and mining organizations, professionals with an interest in human cause, new business owners and the social media network users. The main tactics to align with the proposed strategy include contacting potential financial...
10 Pages(2500 words)Assignment

Trouble Relating to Women

...Trouble Relating to Women Presidential general election: Obama vs. Romney ad is ed by Sarah Minto as a civil campaign tool to enable the American understanding of the presidential contenders’ policy on the nature of remuneration for American workers and reproductive health. The ad is targeting all the American voters who are employed and experiencing payment discrimination as a basis for understanding of different opinions through which the payment gap can be bridged. Specifically, the ad can be said to be targeting women as the issues of payment discrimination and reproductive health affects most women in comparison to men. The Lilly Ledbetter fair pay act is the core subject of analysis in the ad and the position of...
1 Pages(250 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Assignment on topic PM to rescue a project in trouble for FREE!

Contact Us