Project Management Assignment Example | Topics and Well Written Essays - 1000 words

Project Management - Assignment Example Processes responsible for managing a project, establishing reliability and regulation that can as well allow for accountability in project scope. Retrieval and dissemination of information is an important factor in management and hence management results records and deliberations, coming up with schedules are bent on time management. Concise follow up of these knowledge areas will benefit the project ensuring a success at the end especially in monitoring and evaluation. Project Work Breakdown Structure Part 2: Scope of the project The developers of this project need to put into consideration the various processes involved in the achievement of appropriate technological method to detect tsunamis in the future in Japan. Input such as obtaining capital and authentication to set up the project; carrying out information storage on the project resource expenses and use. Tools like expert critical analysis plus coming up with new ideas and improving them with the concerned team. Verdict of the experienced and knowledgeable personnel are considered. The team manager and its team must deliberate on the possible outcome; the ending of the project should culminate into the development of a deliverable that will meet the required detector. There must be a consideration of time limitations and possible solutions. Factors influencing the project These factors include the availability of human resource; that is, well trained personnel with competent skills in the technical skills and knowhow. Capital plus charter that will authenticate its implementation considering good will from the Japan government. Finally, knowledge areas such as project time management, information services, quality and/or risk and procurement management. Reasons for probable failure Lack of necessary skills, technical attributes and knowledge by the team manager and his/her team. There is a possibility that if the project manager and assigned team do not have vital competencies, skills and concerned ap praisals, then the technological approach targeted for this project may not prosper. The team needs to acquire necessary skills, appraisals and motivations plus right interpersonal skills and important team networking skills. Failure to define the probable risks such as undetected malfunctioning of the technology developed, unforeseen tsunami trends that could be undetectable. Insufficient information retrieval and dissemination may lead to misinformation and a division between project managers and the team. Communication is a vital component any process especially projects. Part 3 Lists of paths shown: B: 6, E: 3, G: 2 and H: 3 is the critical path. These paths may include: earliest path for project completion, Latest path for project completion, slack path for activities that lie in the critical path and subjective time estimate paths. Importance of critical paths According to Roberta R and Bernard WT (2006), critical path has various benefits to the project team. Critical path is a path that interlinks the vital activities of a project. It helps the management to focus on the tasks that fall along it and are critical towards the completion of a project; while helping management to identify which paths to shorten, it enable crash program in which project completion period may be reduced and hence lead to earlier finishing. In the network shown, critical path is B: 6,

Inter-Global Medicare Entrepreneurship Essay Example | Topics and Well Written Essays - 2500 words

Inter-Global Medicare Entrepreneurship - Essay Example Any business venture demands critical economic analysis for its survival amidst the other numerous entrepreneurs in the same firm. In that respect, Inter-Global Medicare main goal is to provide the best prescription medication to our clients’ at the most affordable prices in the market. The sale of the drug would be at reduced prices through careful maintenance of efficiency in the operations of the firm and by aiming specific market segments especially those who pay for the prescribed medicine themselves. By focusing on this segment the firm will avoid inefficiencies and operational disruptions that are characterized by unsteady cash-flows and hence eliminate supply shortages. Inter-global Medicare plans to operate from one store that is to serve both mail order customers and those who visit the facility in person. The firm seeks to thrive through employment of friendlier and skilled staff, which in combination with our great prices is set to propel the repeat business that w ill be reliable. The firm expects that as the price of medication continues to rise, Inter-Global Medicare will be appealing more and more the clientele sense of value, affordability and convenience. The firm's advertising, mainly through the ads in magazines targeted by a relatively greater crowd, will be aiming at those who seek to save money on high price but necessary and regular expenses. Inter-global Medicare entrepreneurs will be led by Experienced PHD holder in the field of medicine and with an accumulated wealth of experience in relevant field not less than five years. The cost of the entire venture will be minimized by maintaining just a few pharmacists and filling the remaining gaps with pharmaceutical technicians. In so doing, the firm expects to reach profitability by third year and will generate substantial sales by mid of the same year. 1.1. Background Information The central issue of focus in this proposal is to establish the best remedial medication against the mena ce of obesity. This problem has been gaining momentum of the past centuries and is headed to ruin the better part of the coming generation. The increased nutritional imbalances and inadequate physical exercise has been blamed on this health matter. Nevertheless there are other unidentified factors attached to it that has not been given critical analysis so as to come up with an all round measure. It has also been noted that some of the medical measures that had been developed to curb this condition have failed woefully in different ways. Some of them like the fenfluramine and phentermine were found to have overwhelming side effects and this rendered them ineffective to combat the threat of obesity in the society (King & Nuala 67-72). Some other medical discoveries like Thyroid extract was tried but its effects on the bones, muscles and the heart were prohibitively dangerous leading to a consequential medical gap. It is out of this need by the society that Inter-Global Medicare entre preneurs has invested resources to come up with an obesity treatment that would see the menace reduce by more than half by the year 2030. 1.2.0. Population Affected Obesity is taking toll among the young generation and partially among women. This group of people is highly exposed to this condition due to their uncontrolled feeding habits, minimal or no exercise. The global statistics presents a high population of the young