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

Schedule and Cost Control Techniques - Quality - Essay Example

Comments (0) Cite this document
Quality in its very crude sense may be termed as something which meets certain set standards but beyond that it is also a concept which outlines the basic values and philosophy of the organization which is delivering the quality. Total quality management is also the concept in same domain which outlines the long term commitment of the management of the organization to deliver highest customer satisfaction.
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.8% of users find it useful
Schedule and Cost Control Techniques - Quality
Read TextPreview

Extract of sample "Schedule and Cost Control Techniques - Quality"

Download file to see previous pages However, from the perspective of the project management, total quality management poses a slightly different orientation. Quality in terms of project management means "project management technique or strategy that is implemented to assure that an awareness of quality is embedded in all phases of the project from conception to completion." (, 2008).
It is believed that implementing quality in service oriented organizations as well as the project management is trickier in comparison to the manufacturing concerns mostly due to the measurement issues related with the quality (David A.Waits, 1994). However, despite that organizations and project managers are continuously stressing on the use of quality measurement tools for project management so that a consistent level of performance is achieved which is comparable with certain standards of quality.
Insuring a good quality in project management requires that certain key areas are taken care of before implementing the concepts of quality and expecting the results which may be exceeding the expectation. First and foremost, it is very critical that quality assurance within the project management must get the commitment from the top management. Top management of the organization must have the ability to plan for the quality in project management but also have the required willingness to provide the resources to the project managers to deploy the necessary resources required to make the quality an integrated part of the project management. Further, top management of the organization must review the progress made against the set standards for the project management and must have the ability to reward the appropriate successes made in achieving the required quality standards for projects.
It is also important that in order to achieve the quality in project management, the employees' empowerment is the key. This empowerment is achieved through the training and development of the members of the project teams. Further, empowerment can also be achieved through initiating the culture of appreciation and rewarding the genuine successes made towards achieving the required quality within the projects as well as through the various suggestion schemes so that the members of the project management team should feel themselves as part of the project as well as the whole organization. This can create strong stimulus for the project management team to deliver beyond the expectations of the management while achieving and maintaining a defined level of quality also.
In order to achieve and maintain quality within the projects, it is very critical that the decision making is based on the facts and not made out of the emotions or guess work. As we have been discussing the various techniques of project management such as PERT and CPM, it is of the highest importance that the data provided for calculations made with the help of such techniques are correct and that the decisions made by the project managers at the various stages of the project are made inconsistent with the available facts and figures. This ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Schedule and Cost Control Techniques - Quality Essay”, n.d.)
Retrieved from
(Schedule and Cost Control Techniques - Quality Essay)
“Schedule and Cost Control Techniques - Quality Essay”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Schedule and Cost Control Techniques - Quality

Cost Control

...?Cost Control Cost Control is very important in construction industry because inappropriate cost control results in over-budgeting of the project which can ultimately result in the bankruptcy of the contractor firm and failure of the project. Over the years the methodology adopted for cost control has changed and new techniques are being employed. In general, construction cost control consists basically of monitoring actual performance against cost estimates and identifying the variances. The traditional cost control system are good in contract management but cannot be practiced during the execution of the project. The new methods are based on activity based costing which helps in cost control up to the managerial level. Cost Control...
3 Pages(750 words)Essay

Schedule and Cost Control Techniques

... responsibility and I believe that in order to make it a success, the costs and schedules associated with this project need to be considered and management effectively. Since Project management is a very delicate job and requires the necessary skills and aptitudes to implement and execute them as smoothly as one can. However, it is always possible that the earlier estimates made, schedules prepared may go awry as the future is always uncertain. This means that project managers may not always meet their targeted budgets and schedules. As a first step to review the schedules and control processes, it is very important that project managers must ensure their weekly review. This would allow the necessary flexibility and control over the various...
2 Pages(500 words)Speech or Presentation

Schedule and Cost Control Techniques

(Mochal, 2007)The benefit for this technique is the fact that it takes into account three different scenarios in order to complete the whole picture thus ensuring that project doesn't bring surprises.
The basic fact behind the success of PERT is the fact that it intends to capture wider areas of estimates so that managers can have all the possible indications of how the project may behave given these conditions happen and based on their judgment and experience they choose the best estimate. Further, what is most beneficial in the use of PERT is the fact that it takes into the uncertainty related with the project. By taking into account the three difference scenarios, it tends to capture the uncertainty therefore there are ve...
3 Pages(750 words)Essay

Schedule and Cost Control Techniques

...Project management techniques are considered as important for the overall success of the project as the effective project management can ensure not only smooth performance of the teams but also ensure that all the components of the project are effectively monitored and managed. The schedule and cost measurement techniques are part of such group of techniques which are considered as the most essential as they determine the practicalities of the project. There are various techniques with the help of which the schedule estimations and scheduling can be performed however the most important of them which are widely used across the various industries are PERT and CPM. Project Evaluation and Review Technique or PERT as it is called is a model...
2 Pages(500 words)Essay

Schedule and Cost Control Techniques

...Section 6 Stabilize deal with the core process of implementing the new email system in the organization. This section is divided into two sections or two sub activities of go-live and post-live issues mentioning the fact that first phase of the project will look into the issue related with making the new email system live and useable for users whereas the second sub-activity will look into the post-live issue in order to check whether the new system is catering the needs of our users or not. This is basically an activity which will shut down the old servers and make live the new ones. Section 1.6.2 is about the post-live project review and acceptance. The sub-activities related with this main activity are leadership review, key... 6...
2 Pages(500 words)Essay

Schedule and Cost Control Techniques

... of the problem B) Generate and evaluate the possible solutions. C) When solutions are evaluated and identified, choose one typical course of action to follow. D) Implementation of the decision taken. E) Final evaluation of the results achieved as a result of the decision taken. This process is simply inline with the rational decision making process and there are typical practical areas where the formal decision making of such process is required in terms of project management. These decision areas include estimation of costs, selection of various tools to be used, selection of the vendors who will be providing various equipment and services etc. However, decision making falls within two broader areas of decision making. These are progress...
2 Pages(500 words)Essay

Phase 1 Discussion Board Schedule and Cost Control Techniques

...Running head: DISCUSSION BOARD SCHEDULE AND COST CONTROL TECHNIQUES Discussion Board: Schedule and Cost Control Techniques Affiliation October 2008 Discussion Board Schedule and Cost Control Techniques As a project manager I have the responsibility to design the Process for implementation, implementing a schedule, and estimating expected costs of the Email System Upgrade for my organization.1 In this project we will follow these phases: Initiating phase in which we determine the feasibility, project charter. Then next phase we have Planning in which we have three sub tasks survey, design and analysis. First step in this phase in which: We have to determine the schedule of the project. This project is an up gradation project...
2 Pages(500 words)Essay

Cost Effectiveness Techniques

...Cost Effectiveness Techniques The purpose of this paper is to address how cost effectiveness techniques can be used to analyze programs with competing outcomes and externalities. It is through these measures that a model will be proposed that can find solutions for how these models might be adjusted to better accommodate groups that are theoretically underrepresented politically. Lastly a discussion will be conducted as to the ethical consideration of the aforementioned weighting and a discussion as to who should decide upon this weighting. The use of cost effectiveness analysis to analyze different programs is a tricky matter. It is the case that a single metric should be developed to analyze equally all the competing programs...
1 Pages(250 words)Essay

Cost Control

...Cost Control Affiliation with more information about affiliation, research grants, conflict of interest and how to contact. CHAPTER 15 Cost Control EX15.2 flexible Budgeting: Rocky mountain Manufacturing produces a single product. The original budget for November was base on expected production of 35,000 units; actual production for November was 33,250 units. The original budget and actual costs incurred for the manufacturing department follow: Original Budget Actual Costing Direct materials …………………….. $551,250 is $541,500 Direct labor ………………………… 427,000 413,500 Variable...
5 Pages(1250 words)Essay

Schedule and Cost Control Techniques:

... (of the subcontractor). On the other hand, costs that are not directly related to a project and incurred at the corporate level are treated as indirect cost such training of project managers. They are usually divided into logical groupings such as general and administrative expense, overhead and fringe costs. Indirect costs are more difficult for project managers to track because they exercise very little control over it (Lundsten and Zimmermann, 2006). My views over these two concepts Financial management is an indispensable tool in project management that allows project managers to track project cost and deliver the desired results to its client. Between the two accounting methods of percentage of completion method and completed...
2 Pages(500 words)Essay

Job Prime Cost

The limitation with fixed costs is that these are uncontrollable as these are normally ‘policy costs’. Fixed cost help in marginal costing in the sense that these costs enable us to identify break-even point, that the contribution needs to cover to reach at ‘no profit no loss’ level.

Variable costs are those costs that change within the same ratio in which the output or production changes. For example, in our study the direct Material cost and direct labour costs are variable cost. We have first calculated the these costs on per cabinet basis and then found total direct material or direct labour cost by multiplying per cabinet cost with total production of400 cabinets. This cost is called ‘...
6 Pages(1500 words)Case Study

Budgetary Control and Costing System

Job costing and Process Costing are the two basic methods of costing. Job costing is suitable to industries, which manufacture or execute the work according to the specifications of the customers. Process costing is suitable to industries where production is continuous and the units produced are identical. All other methods are combinations, extensions or improvements of these basic methods.

1. JOB COSTING: It is also called specific order costing. It is adopted by industries where there is no standard product and each job or work order is different from the others. The job is done strictly according to the specifications given by the customers and usually, the job takes only a short time for completion. The purpose of...
17 Pages(4250 words)Case Study

Regulating Gun-Control & Public

It would be pertinent to identify the various kinds of arms regulation, put forth by those who advocate them before we understand the dynamics of arms regulation issues. Gun controls are of various kinds, but we shall discuss the most recently executed methods which the scope of this discussion encompasses (Poe, 2001).
Presently, in most of the cities and states of the country, an obligatory waiting period is enforced which is one the most common kind of gun control. This period is usually from three to seven days and the purpose is to slow down the purchase of a gun in order to harness an impulsive desire to execute a crime. A waiting period is often advocated by its proponents due to the reason that in case a person was not...
12 Pages(3000 words)Assignment

Total Quality Management

The premise of Total Quality Management was laid out by Deming as fourteen principles, which emphasize the importance of quality and a focus upon the customer in internal operations. (Anonymous, 2006). Deming’s approach requires that continuous improvements take place with the training of employees so that it results in the reduction of costs and thus helps an organization compete more effectively in the marketplace. This approach also calls for increased levels of innovation, diffusion, and adoption in management (Ehigie and McAndrew, 2005). It is the innovation that helps an organization to gain a competitive edge over its rivals in the marketplace by developing new ideas but the process of diffusion helps to ensure that t...
7 Pages(1750 words)Assignment

Implementing Schedule of Time Management

... project depends on this estimation, if this estimation goes wrong then lot of complexities can happen during the project (Balachandra, 1997). So in our Email Up-gradation project we have to estimate the cost in such a way that no complicity can happen, and project can be completed successfully. As a project manger it is my responsibility to schedule cost control processes. Cost Control is the process of successfully organizing transformations to the project financial plan, then putting together those modifications across the whole project throughout the incorporated Change Control process (Balachandra, 1997). In this section of the paper I will outline the key concepts of Quality how it impacts project management. I will try to analyze...
6 Pages(1500 words)Coursework

Explaining White-Collar Crime through Sykes and Matzas Neutralization Techniques and Mertons Anomie

Modern criminology indicates that the term is of no limitation by referencing to types of crime, which could be enumerated as a crime by the time of the offense, by the type of offender, and by organizational culture (Cote 2002, p. 202). White-collar crimes are generally not associated with poverty or pathologies relating to it. The legal definition of crime is viewed as the only definition of crime, in which the behavior being examined is punishable by law (Sutherland 1949, p. 84).

Sutherland (1949, p. 84) claims that persons belonging to the upper socioeconomic class are involved in such criminal behavior, which is characterized as different from the criminal behavior in which the lower socioeconomic class engage in p...
11 Pages(2750 words)Report

Stop Animation and the Comparison to Newer Techniques in CGI

As with many films, a great creative license is taken with the story, although it retains the original thrills and spectacle.

The great Ray Harryhausen created some of the most advanced special effects of the time within this film. The scenes are exciting and thrilling, although by today’s standards it is easy to spot the differences between what is created and what is filmed from life. Still, the special effects in Jason and the Argonauts are some of the best examples of Ray Harryhausen’s stop-motion animation available. The movie is a mythological creature that is the eighth collaboration between producer Charles Schneer and Harryhausen. Ray Harryhausen’s contributions included those of co-producer,...
13 Pages(3250 words)Term Paper

Quality Use of Medicines - Pharmacy Comparison

The pharmacist is also the justice of the peace.

Comparing this pharmacy with the Campbell pharmacy, the Chandler pharmacy is located in a much busier area, hence there are more shops and more people in the vicinity. There are more medically related establishments in the Chandler pharmacy than in the Campbell pharmacy, hence there are more patients buying their medicines in the Chandler pharmacy. Both pharmacies have similar conveniences for their customers. They are located near a bus stop and taxi ranks, and a car park is available within the vicinity of both pharmacies.

The Chandler Kamart pharmacy is a very busy pharmacy with three full-time pharmacists and 8 pharmacy assistants working in one shift. With...
9 Pages(2250 words)Essay

Weight Control as a Key to Self Improvement

To date, some 38 million Americans are “significantly heavier” than average, and because of this fact alone are targets for societal and institutional prejudice. People who are judged fat are discriminated against at work, school, in acquiring access to public accommodations, in applications for insurance, and access to adequate medical care. (Angier, 2005)

Many people take the words “obese” and “overweight” to mean the same thing. Actually, they are not. Overweight refers to an increased body weight (not necessarily increase in body fat) relative to height, above that which is generally accepted as a standard. (Capella University, 2004). Obesity, however, is “defined simply as...
16 Pages(4000 words)Thesis

Real Cost of Capital

Also, other academics criticize the models' failure to incorporate other determinants of risks such as firm size, book-to-market ratio, etc. then the plain correlation of the risk of the assets to the market. Despite these criticisms, many practitioners in the corporate world still use CAPM for capital budgeting. These issues are probed in this paper.
CAPM or the capital asset pricing model has been a tool in modern finance that has been extensively used for capital budgeting. The capital asset pricing model is useful in estimating the required return on an equity stock of a company (Perold 2004). Under the principle of finance that rational investors will require higher returns to compensate them when they undertake projects...
8 Pages(2000 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 Essay on topic Schedule and Cost Control Techniques - Quality for FREE!

Contact Us