Forecasting and Scheduling Ahmed Salman Argosy University February, 4, 2015, Forecasting and Scheduling The company selected is working on introducing a new video game to the market. In the industry, a company announces that it is working on the development of a new game to the market before it is completed. Developing a new video game is difficult and involves numerous tasks. This process can take a number of years from commencement to end. Due to public anticipation, a good forecasting method is needed to predict the release dates of the new video game accurately. A work breakdown schedule has been chosen as the most appropriate forecasting method for this type of project. This is because it requires a detailed breakdown of all the tasks required to be completed during the whole project. When the tasks are broken down in detail, it is possible to estimate the time it will take to complete each task and it is possible to assign each task to an individual. This also allows the project manager to predict the costs of completing each task in the project. When a WBS is used, the team can also identify tasks that are dependent on other tasks and those that are independent. This allows the project to be carried out in the most efficient way. Work breakdown schedule A work breakdown schedule has a number of advantages in the current project. It allows the team to create detailed steps of all the processes required in the project. This enables the team to determine whether it has
I had always wanted to program, not just anything. I wanted to program video games. Not just any video game. I wanted to to program the greatest game ever made.
Everyone enjoys the sweet taste of victory and the feeling of accomplishing a goal, especially in a video game. However, video games are not just about winning. Video games are a good method to enhance our educational experience and create a career pathway for us to take. By creating a video game course within schools around the world, we are able to create a whole new generation and future that incorporates the advanced technology that is constantly improving.
Work breakdown structure (WBS) showing discrete work tasks and grouped hierarchically that helps to organize and define the total work scope of the project
In order to complete our project on time, we needed to divide and assign the different tasks that make up this project. During several days of the week during the months
A project has been estimated to take six weeks and cost $130,000. Cost and percent complete data are provided in the table below through 3 weeks of the project. % scheduled data can be obtained from the Gantt chart following the table.
I can understand how frustrating it can be switching from paper charting to electronic charting. I had it easy upon the switching. I worked at a facility that did paper charted. However I had to go to another facility in nursing clinicals that had already institutionalized computer charting. Therefore when my facility did the switch, I had already had the training that was needing. A lot of other nurses complained about the computer charting at first. I can understand. It seems like when I get used to a specific way of charting; it gets changed. We either go to a new program or something gets added. This causes us to have to learn a new method of charting a certain way after being accustomed to charting a
Cost and Value management is becoming a large part of companies competing in today’s market. According to the text, “projects and their effective management can provide organizations with a significant competitive edge through cost reduction, enhanced responsiveness, and overall value to customers.” (Venkataraman & Pinto, 2008, p. 1). In this paper we are going to focus on some of the techniques and how they can either help or hinder a project. Through information and examples we will explore the importance of work packages and the work breakdown structure (WBS), establishing a cost and schedule performance
The Work Breakdown Structure (WBS) helps develop all the work structure and responsibility structures of a project. There were different issues and inputs during the first meeting between the members. They were considering hiring some qualified referees in the playground to minimize the uneven decisions. They were also discussing about contacting local colleges to find an appropriate field and the entry fees of the players. There was confusion about rewards of the players, they have decided to contact with local corporate sponsors and collect fund. They have decided hiring an artist who will design the unique T-Shirts & Sweatshirts for the players. The WBS will be helpful for Nicolette about how to responsibly distribute, cost estimation, scheduling and resource allocation on the project. This information may also be used in future tournaments. Overall, the WBS will provide a detailed picture on the project and will help create a structure for the activities that needs to be planned and managed.
After collecting and acquiring the data for the service request for Riordan Manufacturing, I have concluded that the integration of the present system will be valuable to the corporation’s human resource department. The idea for this development will be constructed in regards to the Work Breakdown Structure (WBS). A work breakdown structure (WBS), in project managing and systems engineering, is a deliverable accommodated breakdown of a development into diminutive modules. A work breakdown structure component may be a creation, information, advantage, or any mixture thereof. A WBS furthermore delivers the essential outline for thorough cost approximating and influence along with offering direction for agenda expansion and control.
Work Breakdown Structure (WBS) is a tool that is used to define the work elements of a project and identify its entire scope. It is the map of the project which identifies all elements of the project and allows managers to keep track and control of it. It is made of a hierarchy which facilitates the evaluation of cost, time and performance at all levels of the project life-cycle and organization. The structure illustrates the smaller units and allows for adaptation and quick communication if there a problems which need to be addressed. Definitions of each task should be clear and avoid overlapping in
So we will set up milestones that show deadlines the date, mean by finish a task which a milestone is a task with zero duration. We think that a milestone is most important in a log cabin project as it show important dates on the project plan and often key events, but it does not affect any of the Gantt chart calculations. Overall, the work breakdown structure (WBS) to make complex a log cabin project more management while the WBS is designed to help breakdown this project into manageable chunk that can be effectively estimated. Also a WBS helps to explain a log cabin project scope to the stakeholder, supplier and labor.
The consumer video game systems offer an exciting opportunity to discuss and analyze the design of technology based on the strategy of each of the players within the industry. We will focus our analysis on the next generation of video consoles: Nintendo’s Wii, Microsoft’s Xbox 360 and Sony PlayStation 3 (PS3).
A work breakdown structure (WBS) will develop for this project and the WBS is based on the project charter, scope statement, and other relevant information. Gantt chart and network diagram also will be well prepared for this project. While preceding the planning stage, the resource usage cash flow report will showing the hours each person is assigned to work on each task each week. Furthermore, the probability/ impact matrix and list of prioritized risks for the project will be included in the project
Other project management literature focus on additional components in their definition of Project Scope Management. The APM bok defines scope manegement as ‘… defining the scope of the project and breaking this into manageable pieces’ (Burke, 2007 pp83). This highlights and refers to the Work Breakdown Structure (WBS), a process which lies at the centre of the PMBOK’s intertwined planning proceses, whereby the scope is subdivided into work packets. The planning of the project budget, schedule and most knowledge areas are based on the WBS, which is why this process is so critical.
Business forecasting is the process of studying historical performance for the purpose of using the information gained to project future business conditions so that decisions can be made today that will assist in the achievement of certain goals. Forecasting involves taking historical date and using it to project future data with a mathematical model. Forecasts are extensively used to support business decisions and direct the work of operations managers. In this paper I will introduce different types of forecasting techniques.