Critical Chain Project Scheduling - 3436 Words

INSTRUCTOR’S RESOURCE MANUAL CHAPTER ELEVEN Critical Chain Project Scheduling To Accompany PROJECT MANAGEMENT: Achieving Competitive Advantage By Jeffrey K. Pinto CHAPTER 11 PROJECT PROFILE – Canada’s Oil Sands Recovery Projects INTRODUCTION 11.1 THE THEORY OF CONSTRAINTS AND CRITICAL CHAIN PROJECT SCHEDULING Theory of Constraints Common Cause and Special Cause Variation 11.2 CCPM AND THE CAUSES OF PROJECT DELAY Method One: Overestimation of Individual Activity Durations Method Two: Project Manager Safety Margin Method Three: Anticipating Expected Cuts from Top Management 11.3 HOW PROJECT TEAMS WASTE THE EXTRA SAFETY THEY ACQUIRE Method One: The â€Å"Student Syndrome† Method Two: Failure to Pass Along Positive†¦show more content†¦Common cause variation results from problems built into a system or process. This means the problem will exist regardless of outside variables (i.e. workers, machinery, etc.) Special cause variation is the result of a variable external to the system. These problems stem from a specific or unique condition (i.e. workers, machinery, etc.). It is important to understand the difference between the two because they require distinctly different methods of correction. Addressing the problem correctly can improve quality and reliability of output. However, misinterpreting a common cause variation as a special cause variation is a common and costly mistake. Managers begin to analyze and adjust the system assuming that the variation stems from a condition unique to their project when in reality it is an overarching organizational flaw. As a result, variation in quality and reliability may actual increase when managers attempt to compensate for what they mistakenly believe to be special cause variation. 4. What are the three reasons Goldratt argues are used to justify adding excessive amount of safety to our project duration estimates? In your project experiences, are these arguments justified? One way project teams add safety to duration estimates is to overestimate the time to complete individual activities. Team members may pad the activity time to ensure that they will be able to meet the promised deadline. This padding is augmented by theShow MoreRelatedEssay Project Management824 Words   |  4 PagesDjenane Jeanty Project Management Context Professor C. Lennon Module V 11.17.12 Abstract Project managers carefully manage slack on sensitive resource-limited projects (Larson and Gray, p.295). If possible, they will add slack at the end of the project by committing to a completion date that goes beyond the scheduled date. Eliyahu Goldratt (1997) advocates an alternative approach to managing slack. He championed the â€Å"theory of constraints† and has coined the term â€Å"critical-chain† recognizingRead MoreCritical Chain By Dr. Eliyahu Goldratt1348 Words   |  6 PagesSummary of Critical Chain novel Critical Chain is a novel that wrote by Dr. Eliyahu Goldratt. In the Novel, he used novel mode to describe that how to use Critical Chain Theory to fix manage problem. Specially, he used common sense and logical deduction to give us a clearly description about the complex manage problems. This special is interested me a lot that attract me to fail into the story that can follow Dr. Goldratt’s ideas. In the book, Dr. Goldratt talks about how a professor trying to attainRead MoreProject Management Scheduling1657 Words   |  7 PagesTitle Successful Project Management Scheduling outcomes: A Theoretical Comparative Analysis of networking techniques between Event, Chain with other traditional methodologies Research Question Why it is important to conduct a comparative analysis of Event, Chain with other traditional methodologies and investigate how it contributes in being Successful scheduling techniques in Project Management discipline? Introduction to Dissertation Nowadays, Project scheduling plays lot of benefactorRead MoreProject Management : Management And Organizational Issues767 Words   |  4 PagesProjects doesn’t work in isolation, rather they operate in an organization environment, therefore, project managers need to take a system or holistic approach in order to solve complex problems when they are working on projects integrating business and organizational issues into their planning (Schwalbe, 2014). The systems approach has been defined as a process of problem solving mainly forcing reviews on the relations of the various subsystems, understanding this dynamic approach that integratesRead MoreDetails on the EPC Process and Approach849 Words   |  3 Pagesstructure (WBS) according to EPC project phases. It organises the deliverables of the project scope with cost and schedule. Each WBS is assigned to the individual representative with work packages for their estimating and performance of the tasks. Due to the limitation of this report, this section is focused only on one of the work break structure such as DCS engineering as an example which can be imitated to the other work packages and tasks. The project scheduling is analyzed with theory of constraintsRead MoreNetwork Diagrams and Schedule Analysis1388 Words   |  6 PagesNetwork Diagrams and schedule analysis NETWORK DIAGRAMS ARE SCHEMATIC DISPLAYS OF PROJECT SCHEDULE ACTIVITIES AND THE INTERDEPENDENCIES BETWEEN THESE ACTIVITIES. WHEN DEVELOPED PROPERLY, THIS GRAPHICAL VIEW OF A PROJECT’S ACTIVITIES CONVEYS CRITICAL SCHEDULE CHARACTERISTICS REQUIRED TO EFFECTIVELY ANALYZE AND ADJUST SCHEDULES – THUS RESULTING IN ACCURATE AND FEASIBLE SCHEDULES. THIS DOCUMENT ADDRESSES WHAT SHOULD BE CONSIDERED IN THE DEVELOPMENT OF A NETWORK DIAGRAM, HOW NETWORK DIAGRAMS ARERead MoreNetwork Diagrams and Schedule Analysis1396 Words   |  6 PagesNetwork Diagrams and schedule analysis NETWORK DIAGRAMS ARE SCHEMATIC DISPLAYS OF PROJECT SCHEDULE ACTIVITIES AND THE INTERDEPENDENCIES BETWEEN THESE ACTIVITIES. WHEN DEVELOPED PROPERLY, THIS GRAPHICAL VIEW OF A PROJECT’S ACTIVITIES CONVEYS CRITICAL SCHEDULE CHARACTERISTICS REQUIRED TO EFFECTIVELY ANALYZE AND ADJUST SCHEDULES – THUS RESULTING IN ACCURATE AND FEASIBLE SCHEDULES. THIS DOCUMENT ADDRESSES WHAT SHOULD BE CONSIDERED IN THE DEVELOPMENT OF A NETWORK DIAGRAM, HOW NETWORK DIAGRAMS ARE CREATEDRead MoreChapter 11 Essay9126 Words   |  37 Pagesï » ¿Project Management, 2e (Pinto) Chapter 11 Critical Chain Project Scheduling 11.1 True/False 1) Once the organization elevates its constraint, its system has no constraint. Answer: FALSE Diff: 2 Section: 11.1 The Theory of Constraints and Critical Chain Project Scheduling Skill: Definition AACSB Tag: Reflective 2) An organizations budget estimating process routinely misses the actual cost of a project by 25%. For the most recent project, the budget variance was a ridiculous 23%, but thisRead More Use of Project Management Software in Business Essay1222 Words   |  5 PagesUse of Project Management Software in Business Project Management is using the concepts of information technology in businesses to meet the requirements of a particular project. It depends on the process it needs to take to implement a project. The application of knowledge, skills, and tools and techniques is needed (http://www.asp.org/infoglossary/p). There are 3 main phases of project management, they are planning, scheduling and controlling. How the process is implemented is through differentRead MoreQ1) Globalization Has Brought About Dramatically Change1438 Words   |  6 Pagesto the formation of supply chains which are complex, large and business critical as compared to early periods. Manufacturers now requires management skills in order to manage logistics, that is to know when and where the products need to be in order to meet the demand globally. The growth in market has also lead to a situation to deal with rising volumes of regulations. Globalization has led to development of effective methods of risk management along with supply chain to cope up with situations

Physical and Emotional Destruction in Emily Brontes...

Physical and Emotional Destruction in Wuthering Heights Often the lifestyles of a person and those around them are affected by ones concern for his/her own welfare and neglect of others. This attitude is a reflection of self-love and a feeling of self-righteousness. In the novel, Wuthering Heights , Emily Brontà « describes the lifestyles of late 18th century and early 19th century rural England emphasizing selfishness. From the very beginning, there is an obvious tension between the households at Wuthering Heights and Thrushcross Grange. The Heights is the house of the Earnshaws: Mr. and Mrs. Earnshaw, Catherine, Hindley and later Linton and Hareton. The Grange is inhabited by the Lintons: Mr. and Mrs. Linton, Edgar and†¦show more content†¦This selfishness introduces the antagonist, Heathcliff, to the family. From this point on, the family faces terrible hardships as a result of Heathcliffs arrival. Catherine Earnshaw grows very fond of Heathcliff as the years pass. She eventually falls passionately in love with him, but because of Heathcliffs poor financial status and character, she chooses to marry Edgar Linton of Thrushcross Grange. Her reasoning becomes evident in dialogue with Ellen Dean, the housekeeper. In response to Ellen asking why Catherine wants to marry Edgar, Catherine replies, he will be rich, and I shall like to be the greatest woman of the neighbourhood, and I shall be proud of having such a husband (106). After marrying Edgar, she refuses to let go of her longings for Heathcliff. This total disregard for others and admiration of herself leads to extreme pain for Edgar, Heathcliff, and herself. This pain is such that it remains with each person until they are laid to rest. Heathcliff is probably the most selfish of all the characters. His selfishness starts as a young boy in the Earnshaw household. He knows very well the affection Mr. Earnshaw holds for him and uses it to his best advantage. When two colts are given to Heathcliff and Hindley (Mr. Earnshaws biological son), Heathcliff took the handsomest, but it soon fell lame (50). After discovering this, Heathcliff tells Hindley, YouShow MoreRelatedEmily Brontes Wuthering Heights: Mental Illness and Feminism915 Words   |  4 Pages Psychoanalytical View of Wuthering Heights Mental illness was viewed as being a self-inflicted disease during the time period Wuthering Heights was written in (Bloomfield 298). Many of the characters suffer from a form of mental illness, but not all of them can be seen as self-inflicted. Most of the illnesses are inflicted by the death of other characters. After Hindley’s wife dies in his arms, he becomes an alcoholic and foreshadows his own death due to his destructive behavior (Bloomfield 291)Read More Comparing Brontes Wuthering Heights and Dickens Coketown1228 Words   |  5 PagesComparing Brontes Wuthering Heights and Dickens Coketown      Ã‚   Throughout British Literature, compositions created by honored literary artists reflect current dominant lifestyles. The differences in prevailing environments are visible when comparing Emily Brontes Withering Heights and Charles Dickens Coketown. Bronte reveals the wild unbinding freedom available though country living predominate in the late 17th and early 18th century, whereas Dickens explains the disheartening effects of industrializationRead MoreWuthering Heights By Emily Bronte1592 Words   |  7 Pageschange. In Wuthering Heights by Emily Brontà «, the moon appears in many different circumstances. Early in the novel, the moon foreshadows the failure of a relationship between Heathcliff and the older Catherine. As the novel unfolds, the moon’s appearance begins to reveal the true inner nature or state of characters. Finally, the moon begins to symbolize the impact of change, or the lack of change, over time on the characters of Heathcliff and the younger Cath erine. Throughout Wuthering Heights, Brontà «

Marketing Topics Free Essays

KANCHAN AHUJA Lily Villa, 12th Road, Chembur, Mumbai – 400 071 Phone Nos: (R)022- 25217372 (M) 98207 10041 Email : kanchanahuja@rediffmail. com Currently persuing Masters in management from K J Somaiya Institute of management Batch – 2008-2011 Objective: To secure a challenging and rewarding position within a reputable company offering personal development opportunities based on performance. Work Experience: HSBC Bank : Designation: Premier Service Manager Nov 2005 – Aug 2007 Job Role: Portfolio management of Premier Customers. We will write a custom essay sample on Marketing Topics or any similar topic only for you Order Now Growing and deepening customer relationships through effective relationship management, with special focus on the analysis and satisfaction of Customers’ financial as well as investment needs and objectives. |Profile: | | | |†¢ Sales – Going on sales calls to existing as well as new customers to deepen relationships and obtain referrals to source new | |business for purpose of achieving business targets. | | | |†¢ Analytical Skills- Identification of opportunities and managing relationships with top bank customers for cross selling | | |to the client through sales of liability products (savings, current accounts and term deposits) as well as third party | | |products like Mutual Funds, Insurance (Life General) | | |†¢ Customer Service – Ensure excellent service delivery by maintaining TAT for Client queries, proactive service | |interactions with Clients. | | |†¢ Record keeping – Update the client details and map all client relation ships to arrive at household / family relationship | | |value size at any point in time. | | |†¢ Time management – Accurate and timely reporting of documentation and deliverables for all new client acquisitions on a | | |weekly basis. | | |†¢ Co-ordination-Liaising with product and ops teams to ensure compliance of process flows and documentation. | | |†¢ Provide research on investment patterns for clients and arrive at an opportunity sheet. | |†¢ Operations – Handling outward and inward remittances | Aviva Life Insurance India Pvt Ltd. (March 2005 – Nov 2005) Designation: Manager Sales Private Banking Assets Team (ABN AMRO BANK) A very short stint wherein I was responsible for sales of life insurance plans to the Private banking clients and the credit card holders of ABN AMRO Bank through my sales team of 8 members. Expertise – CONVERTING LEADS, TEAM MANAGEMENT and CO-ORDINATION Standard Chartered Bank. (15th May 2003 –31st Oc tober 2004) Designation: Personal Financial Consultant – Retail Banking Division Profile:Sales ? Achieving the Targets set in terms of product mix and the budgeted cross sell targets. ? Focus on revenue generating products for the bank mainly Insurance and Mutual Funds. ? Housing loan leads to be generated and forwarded to the Executives and ensuring constant follow ups with the loan team and the customers ensuring smooth flow and closure of deals. ? Being the Housing loan champion constant follow-ups with the fellow team for leads and successful closures. ? Updating maintaining all Sales MIS (Calls, Prospects, Attritions, etc. Relationship Management ? Providing the BEST CUSTOMER SERVICE to the existing customers. This would include ensuring resolution / best possible solution to the queries raised, resulting in the customer retention within the set guidelines of my company. ? Establishing relations with new customers by introducing all the products (Asset and Liability products) ensuri ng lasting relationship with the bank. ? Generating new business to achieve defined sales targets. ? Building and deepening relationships with existing Customers to achieve increase in share of wallet and revenues. Providing professional customer service to achieve a high percentage of customer satisfaction and retention. ? Managing the portfolio to de-risk against attrition and achieve stability of book. ? Having complete knowledge of the customer base in terms of the profile, demographics psychographics and assets in the Bank and in other places. Baazee. com (I) Pvt. Ltd: 9th March 2000 – 9th May 2003 (3 years) Designation : Sr. Customer Service Executive Reporting : CFO and Asst. Manager Collection. Purpose : To ensure the Company’s Best Interest and its Customers are protected at all times. As a customer Service executive I am responsible for maintaining defined personal standards and operating economically and efficiently in the pursuit of the following. Job Profile: †¢ Team management and training. †¢ Weekly / monthly MIS generation. †¢ Regular update to the management in order to understand, modify and streamline processes improving customer experience online followed by implementation. †¢ Query handling, Customer satisfaction and retention. †¢ Administration of TALISMA, an e-CRM Solution. Creating standard responses and Work Flow for Customer Care Team. †¢ Revenue Capture. †¢ Conducted Surveys and Generating reports relating to Customer Satisfaction, Ratio of fulfillment on regular basis, changing trends and addressing customer concerns. †¢ Consistently monitoring Vendor Performance based of parameters of service levels, fulfil lment ratio. Achievements: †¢ Solely Handled NATIONAL PROMOTIONS â€Å"November Dhamaka 2000†and IT Festival for August- September 2001, End-to-End Process. Including Uploads of auctions, pre and post closure procedures and fulfillment of auctions. Handled multiple tasks at a time efficiently and with Good Results. The tasks included logistics; Image editing for uploads on the site, quality assurance of the data uploaded on the site, Resolving assigned mails in Talisma within the stipulated period. †¢ Overachieved Revenue targets consistently. †¢ Provided suggestions for the processes being followed internally, which have been appreciated and incorporated as a standard processes within the team. †¢ Assisted in Developing Mobiles, IT and Travel categories resulting in high number of fulfillment (Sales). Awarded as the Best Customer Care Executive and Employee for the Year 2000 and 2001. Based on Online Research carried through Out calling and day to day cus tomer interactions gathered valuable insights, which have now been incorporated in the website design. Anchor Holidays Pvt. Ltd (Time Share group): December 1999 till February 2000 Designation : Customer Service Executive Responsibilities: †¢ Provide information about the available packages and various schemes. Accommodate a suitable package for different customers, as per the budget requirement. Proactive Calls to members updating them about the latest schemes and offers. †¢ Keeping a track of benefits / holidays utilized by the customer during the validity period. Qualifications – Graduated from Mumbai University-Year 1999(H. R College Of Commerce Economics) Personal Information Date of Birth: 14th October 1978 Marital Status: Married ( Dec ‘ 04 ) Spouse : Advocate Vishal Puri References: Mr. Anupam SanghaviMr. Sai Pratyush Siesta Hospitality Services Pvt LtdQuotrro BPO Solutions Chief Operating officerGeneral Manager Phone: (M) 98200 01858 ; 9987204401Phon e: (M) 9910225558 KANCHAN AHUJA. How to cite Marketing Topics, Essays

Why Should We Explore Jupiter’s Moon Europa free essay sample

Many of these moons have quite interesting characteristics, such as the moon Io, which has volcanic geysers that blast hot material some 300 miles above its surface, and mountains reaching heights as tall as 52,000 feet. But in contrast to Io, the moon Europa is a frozen world. But, without a doubt, the most interesting place in the Jupiter system of moons is the moon Europa: the moon with a massive liquid ocean hidden beneath 7 miles of ice. If one applies common sense, it would be natural to assume that a body in deep space smaller than our Moon, in temperatures hundreds of degrees below zero, would be an incredibly cold and frozen rock solid. And for the most part one would be right. But because Jupiter has so much mass, it creates a gigantic gravitational effect on its near-by moons. Sir Isaac Newton (1642-1727), formally described this force as â€Å"gravity†, in his scientific masterpiece the Principia (Spielvolgel 379). Newton’s law of universal gravity basically states that the gravitational force of an object is tied directly to its size. Thus, as Europa orbits Jupiter in a highly elliptical orbit, from a point far away from Jupiter, then moving to a point closest towards Jupiter, Jupiter’s massive gravity pulls on, and deforms Europa, from the shape of a sphere to that of a football, about every 74 hours. As Europa moves back and forth in its elliptical orbit around Jupiter, it creates a great deal of internal heating inside Europa, due to the tremendous tidal forces of Jupiter’s gravity (Tyler 770). The important effect of this deformation is the internal heat it creates inside Europa, making it possible for Europa to have a liquid ocean beneath 7 miles of solid ice. Information gained from NASA’s Jupiter space probe Galileo (1995-2003), suggests that the surface of Europa has an egg-like shell of ice, approximately 7 miles thick, hiding a warm, deep, liquid water ocean. It is generally accepted that Europa’s ocean is approximately 60 mile deep, and contains more water than all the water found on Earth. The vast majority of space scientists agree that where there is heat (a source of energy), and liquid water, the possibility for life is great. In Earth’s oceans, at depths of over 15,000 ft near the Galapagos Islands, deep-sea hydrothermal vents were discovered recently. A hydrothermal vent is an underwater structure like a vent, where hot, mineral rich water blows out of the bottom of the ocean floor. Surrounding these hydrothermal vents are communities of living creatures, such as giant tubeworms, shrimp, and crabs. Not only are they living in total darkness, but also in temperatures close to 700 ° f. For decades, scientists considered these conditions for life impossible, thus with a better understanding of the tenacity of life, finding life on a moon of Jupiter does not seem impossible, or perhaps, probable (The American Museum of Natural History . web). One of, if not the greatest question of mankind has been about our place in the universe, or more specifically, are we alone in the universe? Europa is the perfect place to look for life, it is close enough to get to, and we possess the technology to get there. Thus, if NASA were to send a robotic orbiter and complex lander to Europa, the lander’s mission would be to penetrate Europa’s 7 mile thick ice shell. This could be accomplished by employing a submersible robotic probe which would bury its way through the ice, using a nuclear tipped heat source to melt the ice, and explore this vast ocean. Even if simple microbiological life were found, this would answer the greatest question of all time. If life formed independently in the great ocean of Europa, this discovery would prove that life exists throughout the universe, and have a profound effect on mankind’s view of his place in the universe. Sources and defense of sources: Tyler, Robert. â€Å"Strong Ocean Tidal Flow and Heating on Moons of the Outer Planets† Nature 456 (12 December 2008): 770-722. Professor Robert Tyler is an Oceanographer, and Affiliate Assistant Professor in Earth and Space Science at the University of Washington’s Applied Physics Laboratory. Professor Tyler was one source of information I used in my paper (Tyler 770). I found this information in an article he authored in the journal Nature, which has been in existence since 1868. Nature is the worlds most highly cited interdisciplinary science journal, according to the 2008 Journal Citation Report Science Edition (Thomson, 2009). The journal Nature is a venue for authors of scientific papers on a variety of scientific subjects to get their work published. All papers are peer reviewed (see http://www. nature. com/authors/editorial_policies/peer_review. html) for Natures review policy. With respect to evaluating this source used for my paper, I find this author, his credentials, and the reputation of publication Nature, to be credible. In our class syllabus on page 6, one of the suggested internet based websites was a museum website. Thus, with respect to using an internet based source for my paper, I chose The American Museum of Natural History (http://www. amnh. org/nationalcenter/expeditions/blacksmokers/index. html). After examining the websites sponsors, collaborators, and viewing this information presented on the PBS television show, NOVA, I consider this websites information to be a credible source on hydrothermal vents I discussed in my paper. - - - Newton’s law of gravitational attraction.