Pm595 Course Project Essay

The leader must be sure to take the group dynamics into consideration. It is important to make everyone involved feel that their needs are important. For the project to be a success, everyone participating must feel as if they are contributing and that they are being valued equally.

Leadership- should reflect the team’s stage of development. Leaders should motivate, facilitate goal setting, educate and evaluate achievements.

I am the Project Manager developing the Boeing 787 Dreamliner. The development of this state-of-the-art airplane will include an international team of aerospace companies led by Boeing. The advances in this airplane will reduce the use of fuel by 20%, increase cargo capacity, increase nautical miles in a mid-range airplane, and improve passenger comfort. Boeing

Within this bid include materials that will be used during this project. Provide a list and description of similar project experience on baseball fields, turf, club house, parking lots and landscape, drainage/utility designs for the general contractor that demonstrates the qualifications for this project.

The organization that I chose is DeVry Inc. Specifically, I chose DeVry’s online student finance department because I am currently employed in this department. I started here as a Student Finance Consultant in July of 2012 and this is my first full time job after college. In my role, we assist student’s enrolling in courses and help plan how to fund their education. This job can be very satisfying yet frustrating at the same time. I feel that it is a great learning environment and overall, employee satisfaction is high. I feel that my

Leadership by the team leader, who has responsibility for the team, is critical for team

Risk or threat is common and found in various fields of daily life and business. This concept of risk is found in various stages of development and execution of a project. Risks in a project can mean there is a chance that the project will result in total failure, increase of project costs, and an extension in project duration which means a great deal of setbacks for the company. The process of risk management is composed of identifying, assessing, mitigating, and managing the risks of the project. It

As a technical lead and manager, I understand that every team member plays vital role in project to achieve organisation goal and the performance of the team depends on how well the team is led. I informed the team members what is expected from them as a team. I typically adopt SMART (Specific, Measurable, Attainable, Realistic and Timely) objectives strategy when leading complex programs, I assigned objectives to individual members and clearly explain their roles and responsibilities.

As like any other building the design of the Empire State building is prone to bad design. A bad design could pose a major risk as any miscalculation or oversight would mean that its structure may not be able to handle the stress and enormous loads. Design may show low probability but will have very high impact if the building comes crashing down. The Empire State Building was the first commercial construction project to employ the technique of fast-track construction, a commonplace approach today but very new in the early 20th Century. This technique consists of starting the construction process before the designs are fully completed in order to reduce delays and inflation costs. In this case, it was imperative to use the fast-track construction method to win the race for the tallest building (2).

Due to customers’ needs and requests, Boeing has expanded its product line and services. The long tradition of aerospace leadership and innovation has given the company the advantages. Its broad range of capabilities includes creating new and more efficient commercial airplane, integrating military platforms and defense systems through

On the other hand, every project requires some changes during construction in order to complete the project (Oberlender 2000). More commonly, changes are caused by contractor schedule delays, and these delays tend to propagate downstream due to predecessor and successor linkages. The challenges in dealing with changes become much more serious because each contractor performs multiple projects simultaneously (O'Brien and Fischer 2000; Turner and Speiser 1992).

Boeing’s latest achievement in the commercial airline industry is the development of the amazingly efficient Boeing 787 Dreamliner. The aircraft’s performance can be accredited to the industry leading design, systems and materials used to manufacture the aircraft. Composite materials make up over 50% of the aircraft primary structure which includes the wings and fuselage. Use of these materials resulted in a dramatic weight reduction when compared to the aluminum and titanium alloys typically used in these configurations. This weight reduction plays a major part in the increased efficiency experienced with this aircraft. In addition to the light weight structure, the new engines developed by General Electric and Rolls Royce are also big contributors to the efficiency as the technology used represented a jumped two generations. (Model 787 Commercial Transport)

The needs of the public often form into an opinion which can change the way an industry advances its technology for the benefit of all. This can be shown in the airline industry where the need for the latest technological advances is a must have for consumer satisfaction. This is true not only for consumers, but for others who are indirectly or directly affected by the airline industry. This kind of consumer driven change can be seen in one of the newest models of aircraft, the Boeing 787-9, or Dreamliner. The new 787-9 has benefits demanded by the public and implemented for the public. Specifically, the aircraft has newly designed engines by Rolls Royce called the Trent 1000’s. With these new engines, the aircraft is now one of the most

The relationship between the price and the commodity price is a recurring theme in the economic literature. McConnell et al (2009) shows that the price levels of a commodity are dependent on the demand of that particular commodity. The construction industry also follows the same model; the construction price levels are dependent on the demand for construction. It is also suggested that a fluctuating demand for construction leads to fluctuating prices and vice versa suggesting that the demand for construction may depend on the relative price of construction. A common measure of trends in price in the construction industry is the tender price index, which measures the treads in the cost of construction to construction clients and reflects the trend in the accepted tender prices. Therefore we can say that the construction price of built facilities determine the demand of the built facilities, because when the price goes down the demand goes up.

Abstract – Risk is present in all projects irrespective of their size or sector. If risks are not properly analyzed and strategies are not developed to deal with them, the project is likely to lead to failures. Therefore, special strategies and processes should be established during the initial phases of the project and also monitored throughout the project life cycle. There are different techniques of risk identification and analysis in construction projects. Applicability of various risk assessment techniques has been demonstrated by many researchers. Failure Mode and Effects Analysis (FMEA) is a logical, proactive technique that is used to identify and eliminate potential causes of failures. The standard FMEA process evaluates failure modes for occurrence, severity, and detection. In the project various factors causing risks in construction projects of Mumbai city of multi-storeyed building are studied. Pareto has been applied to prioritize the risk obtained from FMEA analysis. RPN (risk priority number) is used to focus corrective action. Risk mitigation plans covers both preventive actions to prevent the risk from occurring as well as a suitable response in case the risk actually occurs.