Project Mercury

degree in Urban Planning concentrating on economic development from the UIUC. The reason I chose him as practitioner to interview is that he has inspired me to learn more about economic development and process of creating and building development projects which I really want to do in my life. Taking his class, I’ve discovered what I really want to study and do in my career. Therefore, I think he is one of the most influential teachers in my life and interviewing him was a great experience…

Schedule slippage: Delay in the project completion from its initial estimated date of completion. (Soni & Acharya, 2007) Every project will have some schedule before starting the project. The common dates included in every project are mentioned below. Non-Risk Adjusted (NRA) date (Soni & Acharya, 2007): NRA date is that completing the project without any risk in the schedule. Risk Adjusted (RA) date (Soni & Acharya, 2007): RA date is that while completing the project some risk may come so that…

information from every avenue available. Reading industry material has proven an intricate tool in my career by giving a clear understanding of how the credit card industry works, leading to job promotions, and offering opportunities to work on projects that have helped the company of Vantiv to grow. As a new call center representative, my understanding of the business processes was…

proper understanding of the project and the clients’ objectives. This is very important so that information required…

risks is a critical responsibility of project managers. Risk is defined as the probability of a specified threat and the subsequent impact that the event produces (Vaidyanathan, 2013). Risks can also bring about either positive or negative outcomes for a project or organization. A project manager must identify potential risks and evaluate each one to determine the severity and likelihood of each event. Only by completing the risk management process, a project manager can determine what approach…

Rachel is a project manager of a large information systems project. She has an extremely busy schedule, however, if she was more efficient in her daily tasks, she might be more effective. According to Gray and Larson (2014), it is critical for project managers to be able to adapt and be innovated during the lifecycle of a project, because a good amount of projects do not go as planned nor according to schedule. Areas of Effectiveness Before Rachel’s ineffective work traits are examined, it is…

IN WAREHOUSE CONSTRUCTION THROUGH IMPLEMENTATION OF LEAN CONSTRCUTION IN NIGERIA” JOHN OYINKRO SAMUEL (I.D: s5043186) Griffith School of Engineering, Griffith University, Gold Coast, QLD4222, Australia This paper presents a review of “minimizing project cost and time delay in warehouse erection through implementation of lean construction”. It shows an overview of Material procurement process, warehouse erection in the context country in which lean construction is to be implemented. This paper…

connecting project management processes with the mortuary business owners to assist them surviving a technology. I chose the following studies to develop recommendations for the morticians which will be the beginning part of y research. Rolstadås, A., Tommelein, I., Schiefloe, P. M., & Ballard, G. (2014). Understanding project success through analysis of project management approach. Int J Managing Projects in Bus International This study presents an analytical model to predict…

Without a thorough risk assessment, a project can suffer major setbacks, increased costs, and the potential project failure. Along with evaluating each project for potential risks, each organization must also determine the type of risks that the organization will tolerate, mitigate or avoid. By identifying potential risks, a project management office (PMO) can develop an effective risk management plan that will protect the interests of the business and ensure project success. Background Risk…

total time the project would take. The planners of any project are able to control the cost and time of the project. PERT is mainly useful in projects that have unpredictable activities and tasks. It is mostly applicable in projects that deal with research as it deals with estimates such as the promising, unfavorable and the probable. It utilizes probability and takes into account estimates of the project to determine how it is to be controlled. The method is suitable for those projects whose…