...and prior discussions in school, we’ve come up with the terms, corporate transparency and efficient allocation of resources. We thought this would be a great and somewhat interesting issue particularly on the part of the students since we would benefit the most from what the university has to offer. First, let’s define corporate transparency. Corporate transparency is the availability of all relevant information to stakeholders and end-users. So, this leads us to the most important question yet to be answered. Is corporate transparency present in the University of San Carlos? How does it affect the system of resource allocation? The study is conducted in the University of San Carlos. Interviews with different levels of employees were made to get a broader view of the university’s transparency and its effects on resource allocation. It would also be of much help to us to be well- informed of what is going on inside the school because we are directly affected by it. Top management is responsible for the final say in all decisions affecting the school and this is often accompanied by miscommunication and misinterpretation of information when it goes down to the middle and lower management levels. The results show that majority of the interviewees believe that USC, as a whole, is only partially transparent. According to them, incidents of improper allocation of resources...
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...This nugget, the next in 3.0 Managing Resources and Assignments, is focused on 3.2 and 3.3. 3.2 is going to be a bit of a review. We've already talked about the Task Types, Fixed Work, Fixed Units and and Fixed Duration, but we're going to apply the Resources. So 00:00:19 we are going to assign the Resources that we've already created in the previous nugget and we're going to further explore W=UxD because they all work together. Depending on the Task Type, depending on the Units, the Resources, depending on the Work and the Duration, it's going to directly impact on the schedule calculations. So this nugget is really going to put it 00:00:42 all together. We already have our Tasks in Microsoft Project. We already have our Resources in Microsoft Project. This nugget 3.2, 3.3 is really going to put it all together and create our effective Project Schedule. And we'll start off in this basic plan that I have called Basic Scheduling Project. It's available to you on CBTNuggets.com. 00:01:06 And if we look at it quickly, there are five Tasks in this project plan, created in two parallel dependency streams - Tasks 1 through Task 3 and Tasks 4 through Task 5. And if we look at my Resource Sheet I have a number of resources. I have three human resources all 00:01:27 of Type Work, Initials R1 of R3 and only R1 and R3 are available to the project full time. And I'm not going to get into the breaking down of the resources into probably a more realistic 90% simply because it makes...
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...the public sector has evolved over the years. After Independence, we started with line-item budgeting that focused on expenditure. Under this approach, ministries and agencies were assessed on their ability to spend the approved allocation within a given year. Moreover, it lacked coordinated planning, performance measurements and systematic evaluation. Subsequently, a more results oriented Programme and Performance Budgeting System (PPBS) was adopted in 1969, where the focus shifted to outputs, with resources allocated for specific programmes and activities based on priorities. Systemic problems, however, continued to persist. There was lack of accountability, while decision making was highly centralized. To address these problems, the PPBS was improved and introduced as the Modified Budgeting System (MBS) in 1990. The system expounded the concept of “let managers manage” and held them accountable for their performance. However, even under this system, the emphasis was still on output, with each ministry and agency focusing on delivering its programmes and projects. This gave rise to duplication of efforts and resources across ministries. It soon became apparent that there were weak linkages between policy formulation, budgeting process as well as project implementation and evaluation. There was also little or no integration between operating and development budget. More importantly, the system could not meet...
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...group.� These are some of the few issues permeating the HK publishing and its new strategy. McGill, CEO, has to play some politics in order to move ahead with the e-book publishing project. While selecting projects for implementation in an organization, a major factor that influences project selection, funding, resource allocation or prioritization is the extent of individual and organizational politics. Organizational politics can be defined as actions by individuals or groups to acquire, develop and use power and other resources in order to obtain preferred outcomes when there is uncertainty or disagreement over choices. (Gray, 2006). Project Selection Committee (PSC) It is pretty clear who the PSC people are in the scenario. M. McGill, CEO; R. Smith, CFO; J. Peters, SVP of B & D; D. Joyce, ExVP Global Strategy; M. Simmons, ExVP; M. Goldfarb, SVP Marketing; M. Evans, CIO and P. Ross, Production Manager. All of these individuals have an input as to which project will be implemented. Project Selection Committee is expected to enable the company choose projects to align with strategic objectives (Gray, 2006). Project Structure Project Structure is decided by the stakeholders. Key players such, as the CEO and CFO, have the initial input as far as the structure of the project;...
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...some of the ways of ensuring that the plan goes through including its budget as well the contingency plan underway so as to ensure cushion of risks that are to occur in the process. Objectives Functional tactics Action items Milestones and a deadline Tasks and task ownership Resource allocation In every project, there must a leader who will ensure that all the activities needed to be undertaken in the project go smoothly. The objective of the company matters a lot in such a situation because if it is not the objective of the company then the project would not be able to push through. The company should therefore ensure that in everything they do, they ensure that it is in line with the objectives of the company which in return will be in line with the mission and vision of the company hence the reason for existence of the company. Implementation plan means that the activities planned will be put in to practice hence the company should ensure that the activities being undertaken protect the image of the company at whatever cost. This means that the tactics they intent to use should not only be legal but also acceptable by the industry in which they are operating in (Jiang, 2009). Allocation of resources the right way is...
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...taught how to write a proper project for something. So from the first class we have been shown that to write a proper project we will have to follow certain criterion. This criterion will make the project look proper or perfect. With the support of our honorable course instructor we were learning the steps of writing a project. From the very beginning we have been told that we will have to make a project during the semester within a group. There will be five members in each group. So we made our group. The most important thing is that we had been told we will have to complete the project within five lac. The money can be less than five lac but can not exceed five lac. So we started our project called awareness campaign on organic farming. In the first class we have been taught the initiation steps or stages of a project of a project. The first initiation was goal. A goal or objective is something which we want to achieve in the future. Goal is a future stick matter. We set goals to achieve in the future. As our project was awareness campaign. We have set our goal like making people aware about organic crops and organic seeds. So our project goal is to make people aware through campaigning. The second phase is brain storming. Brain storming is something that will help us to get information within our group members. From doing brain storming we have got many kinds of information from ourselves. It helps us a lot about how to start off the project writing. The third phase is...
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...DESCRIPTION STR 581 Week 6 Individual Strategic Plan and Presentation, Allocation of resources the right way is advisable because there could be wastage of resources which are very important in Verizon wireless company. It is vital for the company to ensure that they have trusted employees who will not embezzle resources to their own benefit instead of the tasks assigned to them. The tasks and resources should be in par in terms of ensuring that the resources allocated to the project are enough to complete the whole task as per the plans. In case there is need for more resources, there should be a justification as to why they are needed as well as the justification as to why the allocated resources are not enough to complete the task as planned earlier. By so doing, the company will be able to save on cost of wasting resources anyhow as expensive as they are for the company. The company will also be able to taking caution of any employees who cannot be trusted in their work in terms of wasting resources. All the items needed for the project should be ready for usage whenever needed so as to ensure that the project does not delay due to lack of resources that need to be brought to the company or the project site on the completion of one phase of the project (Maertens, 2010). In every project, time and resources are very essential. They say time wasted cannot be recovered and that time is money. Therefore, when the resources are being delayed Verizon Wireless Company losses a lot in terms...
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...SS PEEDY CRIPTS Work Breakdown Schedule Project: Speedy Scripts Data Center Re-location 1.0 Project Management 1.1 Scheduling 2.0 Requirements Definition 2.1 Business 2.1.1 Service Level Agreement 2.1.2 Insurance 2.2 Technical 2.2.1 Current Data Center 2.2.1.1 Inventory 2.2.1.2 Communications migration requirements 2.2.2 New Data Center 2.2.2.1 Rack diagrams 2.2.2.3 Cabling 2.2.2.4 Power 2.2.2.5 Environmental controls 2.2.2.6 Security Access 3.0 Construction of New Data Center 3.1.1 Data Center 1.3.1.1 Site visit 1.3.1.2 Contract 1.3.2 Hardware 1.3.2.1 Issue RFP 1.3.2.2 Selection criteria 1.3.2.3 Purchase 1 4.0 Installation Prerequisites 4.1 Resource allocation 4.3 Site Preparation 4.3.1 Circuit cut over plan 4.3.2 Rack space allocation 4.3.3 Power 4.3.4 Cabling 4.3.5 Network 4.4 Testing 4.5 Configuration backups 4.6 Detailed installation documentation 5.0 Migration 5.1 Hardware 5.1.1 Installation 5.1.2 Testing 5.2 Routing and Switching 5.2.1 Cut over 5.2.2 Testing 5.2.3 Cancel circuit to old data center 6.0 Operations switchover 6.1 SLA monitoring 6.2 Documentation 6.3 Disaster recovery testing Section 603 - Group #10 Hatfield/VanDamme/Nguyen Work Breakdown Schedule February 2013 Version 1.1 2...
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...12There is, for almost all projects, usually a dominant constraint that serves as the final arbiter of project decisions.TRUE@@@In a resource constrained project, the work must be finished by a certain time, or date, as efficiently as possible.FALSE@@@All that is needed to create a resource loading calendar is the work breakdown structure and the activity network.FALSE@@@Because resource management is typically a multivariate, combinatorial problem (i.e., on that is characterized by multiple solutions involving literally dozens, hundreds, or even thousands of activity variables) truly correct answers are not possible.FALSE@@@A resource loading table is created through identifying the project activities and their resources required to completion and applying this information to the project schedule baseline.TRUE@@@If resources have been over-allocated, the loading table must be reconfigured to eliminate resource contention points. The project manager can focus solely on the original point of contention since the activities in a project are separate entities.FALSE@@@Resource loading charts are used to display the amount of resources required as a function of time on a graph.TRUE@@@If an activity can be split, only the functional portion of the original activity needs to be accomplished for the project to be fully completed.FALSE@@@The problem of resource underutilization that a project manager faces when managing a single project disappears in the multi-project environment.FALSE@@@In-process...
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...DAO 102_Planning_Programming_Budgeting paper Department of Defense Decision Support Systems1.2. Planning, Programming, Budgeting and Execution (PPBE) Process | | The purpose of the PPBE process is to allocate resources within the Department of Defense. It is important for program managers and their staffs to be aware of the nature and timing of each of the events in the PPBE process, since they may be called upon to provide critical information that could be important to program funding and success. In the PPBE process, the Secretary of Defense establishes policies, strategy, and prioritized goals for the Department, which are subsequently used to guide resource allocation decisions that balance the guidance with fiscal constraints. The PPBE process consists of four distinct but overlapping phases: Planning. The planning phase of PPBE is a collaborative effort by the Office of the Secretary of Defense and the Joint Staff, in coordination with DoD components. It begins with a resource-informed articulation of national defense policies and military strategy known as the Guidance for the Development of the Force (GDF). The GDF is used to lead the overall planning process. This process results in fiscally constrained guidance and priorities - for military forces, modernization, readiness and sustainability, and supports business processes and infrastructure activities - for program development in a document known as the Joint Programming Guidance. The Joint Programming Guidance...
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...Project Deadline The project will not meet the deadline of June 30, 2012, there are numerous variables and tasks that must be completed in order to start the construction of the building. The construction of the building will begin July 25, 2011 and end in April 27, 2012. The planning phase alone will take ten full weeks to complete before the site preparation can begin. Not meeting the 2012 deadline may create a negative impact on the entire project and could potentially delay or jeopardize the introduction of the new plastic containers. The goal was to make sure that the plant was fully operational by June 30, 2012. The deadline requirement would have assured that the equipment was properly installed tested and that the plastic products were tested for quality and thus guaranteeing full production capacity by the deadline of June 30 ,2012 set by the board directors. The deadline that was set by the board of directors will be met promptly and ahead of time by six days. This will allow the production start-up to begin on June 25, 2012 and distribution by July 2, 2012. My recommendation would be, to meet with the different team leaders of the specific tasks that are within the Critical Path of the current schedule and determine the slack in all the tasks and the total slack available in the entire project. By meeting with the leaders that have first hand experience, the team will be able to better analyze the possibility of realistically shortening the duration for each...
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...Huntsville Plant Project Project Resource Allocation & Findings Within the scope of our new project for SEITZ Corporation we are scheduling resources currently, and crunching raw data to establish a timeline of trying to meet the June 30, 2012 deadline. 2011 Rego Hurtado Project Management, Inc. 5/1/2011 Huntsville Plant Project Project Resource Allocation & Findings Within the scope of our new project for SEITZ Corporation we are scheduling resources currently, and crunching raw data to establish a timeline of trying to meet the June 30, 2012 deadline. 2011 Rego Hurtado Project Management, Inc. 5/1/2011 Introduction The following analysis is based on raw input data utilizing Microsoft Project 2010 scheduling for the new building in Huntsville Alabama. As you know we are focusing on providing an efficient project schedule to meet the current deadline set for June 30, 2012. It is established that a new building will be built upon the idea that SEITZ Corporation will become launched straight to the top of the industry. In this analysis you will find a critical path within our scheduling that establishes the shortest amount of time it would take to complete mandatory tasks; a rundown of the current scheduling along with resource allocation and any changes that need to be made. If you have any questions feel free to send me an email, or for the quickest reply please give me a call. Resource Allocation What is resource allocation? As project managers we...
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...State College, MBA Program Course 651644: Tools and Processes in Project Management Summer 2013 term Instructor: Dr. Adams Assignment #1: X-philes Data Management Corporation: RFP Matters By Jose M Collazo What is the basis for the problem? There are two primary problems with how X-philes Data Management Corporation handled the request for proposal. The first one was the lack of communication by the managers who selected the same vendor for two different projects. This problem led to the creation of the second problem which is proper resource allocation. When dealing with multiple projects with the same vendor, the company runs the risk of creating multiple interdependencies. Any resource allocation decisions made in one project by the vendor are likely to have ramifications in the other projects. According to Pinto, Some of the better known problems include inefficient use of resources, resource bottlenecks, ripple effects, and the heightened pressure on personnel to multitask (Pinto 2013). The personnel issue in particular, was a main cause of schedule slippage as employees quit at the contractor and they were unable to maintain sufficient staffing levels to keep the projects on track. While bottleneck’s restricts a vendor's ability to make money, they realize that the best way to maximize income is to fully exploit the bottleneck resource (Chakravorty & Atwater§, 2006). Who is at fault? ...
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...DHS Employee Training Plan State Of Employee Training in DHS Adoption and implementation of the Training Plan will assure the alignment of training resources with DHS program needs and administrative priorities. Enterprise-wide training needs will be identified on an on-going basis and resources allocated to those with the highest priority. Divisions will continue to have responsibility to identify and address program-specific training needs and will retain their training budgets. DHS will have a shared training delivery system that includes a learning management system, distance-learning resources, other delivery methodologies, standards for design and delivery, evaluation methods and assistance for internal customers seeking consultation on training issues. • There is a statement of Principles for DHS Training that conveys the value of quality training within resource parameters and values the contribution of training to workforce development and program performance outcomes. • An Employee-Training Council is established with membership from: o Cabinet Sponsor/Champion o HR Manager o Chief Learning Officer o Learning Leads from the divisions o Key Customers The governing body will prioritize and allocate resources for enterprise needs, convene Learning Teams to implement design, delivery and projects around the delivery system, refer to divisions those training needs that are “crossdivision,” and roll up reports on effectiveness of training for DHS...
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...has to undertake certain projects which will meet the need to achieve the objective of increasing the number of students in the next 3 years. The strategies should be aligned with the project objectives before making a decision on which projects should be selected The selection process will begin with understanding the cost, strategies, objective, value & risks. In order to prioritize the project, we have to follow a structured process and consolidate a plan. We need to look into the following before we start, • Alignment with the strategic & practical plan of the educational Institute • Balance between maintenance projects & Investment projects • Allocation of R&D and right number of resources to complete the projects • Allocation of marketing expenditure & resources • Effective use of the resources in the best interest of the organizational goal • Non-Financial benefits One of the primary factors to consider on selecting the projects is the expected ROI on these projects. But the above needs to be considered too for prioritization. PRIORITIZATION & SELECTION OF CANDIDATE PROJECTS The Objective of the Educational Institution is to increase the number of students in the next three years using marketing & promotional strategies. The Projects are for the Business Development SBU which is focused on achieving the organization objectives by using appropriate strategies. To evaluate candidate projects for the 3 year plan, you...
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