question in the attachged image 1. Scenario – You are working for a digital marketing agency called DigiBD. You are the projectmanager in a team of 3 members. Your company gets a US client who wants to collect CompanyName, Phone and email address about 5 bakery shops in New York. The US client wants theinformation within 24 hours. Your company was asked to make a price quotation for the project.Your CEO wants to add 30% profit margin and give a quote to the US client.Considering the scenario in question 1 above, you are further informed that the US client suddenlychanged the deadline and asked to deliver the project within 12 hours instead of 24 hours.i. Explain how you can expedite the project to finish early?

For a project to be accomplished successful, deadline is quite a critical part of the project. For…

Answered: 1. Scenario – You are working for a…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Problem Statement: Stakeholder and Project Quality Management “Hercules Creative Solutions” has successfully bagged two research and development related projects from ministry of science and technology. You are working on one of a project as senior project manager which is related to develop a gadget for the help of physically disabled persons in their day to day commuting. The main challenge for you and your team is that neither you nor any of your team members have ever done this type of project. USAID and one of a leading bank are the sponsors of this project. The designing of the product has been outsourced to one of a very famous engineering firms of the country. For the procurement purpose, two potential vendors are on board. The company you are working for is a multinational company and has very strict procurement procedure and procurement audit is mandatory at the end of the project. Stringent quality standards have to be followed which includes but not limited to rigorous…
1.15 Given the following financing project being considered by a venture firm, find the probability of completing the path with the longest expected duration by 17 weeks. By 24 weeks. By what date is management 90 percent sure that this path will be completed? refer to first pic If the venture firm can complete the project for the customer within 18 weeks, it will receive a bonus of $10,000. But if the project delays beyond 22 weeks, it must pay a penalty of $5,000 due to lost opportunity.  If the firm can choose whether or not to bid on this project, what should its decision be if the project is only a breakeven one normally? Figure 8.15a shows the network. refer to second pic
Embattled Mango might have proposed rescue plan ready by the end of October -Low-cost airline Mango's first meetings as part of its business rescue process took place on Wednesday, with employee representatives and creditors being briefed on the steps ahead. Among other things, employees expect to be paid their outstanding salaries for last month. The voluntary business rescue process was approved as from 28 July, and the goal is to have a proposed rescue plan by the end of October. Rescue practitioner Sipho Sono of Opis Advisory said one meeting was with the airline's creditors and the other with unions and representatives of non-unionised employees. He said he was satisfied with the process so far. "The next steps will be setting up several meetings with the various committees established. More details will be provided as the business rescue process unfolds," said Sono. Jordan Butler, chair of the Mango Pilots' Association (MPA), said the aim is to have a proposed rescue plan by 29…
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. Explain how the activites mentioned below will be used to properly initiate of start the Aquaponics Project. Feasibilty Study Project Charter
4.1 From a project of your choice, formulate five (5) potential risks associated with the project. 4.2 Develop a risk response matrix for the five (5) risks identified above and outline how you would deal with each risk.
Hello. Can you assist with the following Q.1.2. Using a suitable example for each, describe any three factors that could constrain a project. Q.1.3. Using suitable examples, describe any two attributes of a project.
Scenario Capstone project Goal Statement: Our goal is to improve the overall mental health status of veterans of the Canadian Armed Forces and RCMP by up to 80% for those struggling with mental health challenges by facilitating real-time accessibility to a peer support platform utilizing a mobile app to fill the gap that currently exists when veterans are awaiting appointments for psychological supports that are currently funded by Veterans Affairs of Canada. We aim to reduce the strain on the general health system due to the repeated appointments with a veteran's primary care practitioner to inquire about further mental health resources and to improve a veterans quality of life while they are adjusting to civilian life in between their federally funded psychological supports. Please answer in detail 1 communication strategy for the above project 2. Pilot or stakeholder feedback outcomes 3. Recommendation for next steps
Illustrate with example the following Project Selection Methods:- 1 - Numeric Method - Benefit Measurement Model ; Mathematical Model - Include All types 2 - Non Numeric Method - Sacred Cow; Operating Necessity ; Murder Board ; Competitive Necessity 3 - Pay Back Period ; Benefit Cost Ratio ; Present Value ; Net Present Value ; IRR ; ROI ; Score Model Weight
Decision Table Exercises. An insurance company is going to send a mail to potential customers. The content of the mail is about the current level of discounting and potential level of discounting. The content is different for different types of customers. All customers get a normal letter except Customer Type C, who get a special letter. A customer Type A with only one car gets both letters (normal and special). Any customer with 2 or more Cars or with crdit rating of "X" get a special paragraph added with an offer to subscribe to another level of discounting. Draw a Decision table for the insurance company's mail
Q1: Define Project Management plan with respect to the following points? · The role of the implementation agency · Beneficiary participation · Organizational structure and staffing · Financial management · Time control and remedial action · Supervision of the implementation of the project schedule · Supervision of implementation of a project management
1.Four possible alternatives a project organization can adopt in deciding how to address risk.
Briefly explain the goal of the project then discuss the importance of the following in a Project Proposal, providing two examples for each element: A. Expected benefits. B. Risks

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