Why is operations management is an important activity to a project? Who is suited to become operations manager?
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- Explain Briefly 1. Why is operations management is an important activity to a project? Who is suited to become operations manager?Provide an overview of assigning of people and resources to each activity in the WBS.Operations management What could the project manager do differently the next time he or she is involved in a project where decisions are made in a hurry, are unpredictable, or are detrimental to the team?
- Operations Management PLEASE SHOW AND EXPLAIN ALL STEPS & CALCULATIONS- THANK YOU! ABC Construction has developed the following set of activities for its budgeting process. Activity Predecessor Normal Activity Time (Days) Resulting Activity Time if Activity is Crashed (Days) Total Cost to complete activity in Normal Time Total Cost to complete activity in Crash Time A -- 4 2 $200 $600 B A 6 3 $300 $1200 C A 4 1 $300 $900 D B, C 3 2 $500 $550 E D 4 1 $500 $1700 a) Using the Normal Times, what is the critical path and project completion time for the budgeting process? Also, what is the cost to complete the project based on the Normal Times? b) If we want to reduce the project completion time to the minimum possible time by crashing all activities as needed, what is the new project completion time and what is the new total project cost? c) Modify the problem as follows. There is now an indirect cost of $75 per day, which is in addition to the cost identified above.…Describe how operations managers use the critical path method to manage projects. What is the critical path and why is it important?Prepare a scope statement for the following topic. The scope statement should include: -project justification -product characteristics and requirements -product user acceptance criteria -project management related deliverables -product related deliverables
- Operation management project management, show all formulas & calculations.Operations management Give some examples of ethical issues that may arise on projects. What can a project manager do tominimize such issues?organization. Shale Tesuilu CASE EXERCISE 3 "Demand Forecasting for an Insurance Company 25,000 insurance claims annually. In 2010, the claims processed are shown below Claims processed in 2010: Category of claims processed personnel 6. Non-life insurance 9,350 12 Life insurance 4,880 Health care Insurance 15,000 8. Since there is a direct relationship between the number of claims adjusters needed and the category of claims processed, the insurance manager referred to their past year experience. The manager anticipates an increase in work load because the company is acquiring a small insurance business. The following data represent the manager's projection of the number of claims to be processed next year: Non-life insurance claims 12,350 Life insurance claims 10,500 Health care insurance claims 21,000 Questions: 1. What demand forecasting method should the manager use? 2. Using this method, calculate the demand for claims adjusters for next year. "Demand for an Company" For the past…
- The AJAX Company is considering implementing anew accounting system, which will automate salesprocessing, cash receipts, accounts payable, andcash disbursement procedures. Roger Moore,AJAX’s CIO sent an announcement letter to theAJAX community. In the letter, Moore said: “Ihave contracted with Spartan Consulting Group todo the needs analysis, system selection, and designwork. The programming and implementation willbe performed in-house using existing IT departmentstaff. The development process will be unobtrusive touser departments because Spartan knows what needsto be done. They will work independently, in thebackground, and will not disrupt departmental andinternal audit work flow with time-consuming interviews,surveys, and questionnaires. This promises tobe an efficient process that will produce a systemthat will be appreciated by all users.”RequiredDraft a memo from George Jones, Director of InternalAudits, in response to Moore’s letter.Gabrielle Foley, owner of Pet Paradise, is opening a new store in Columbus, Ohio. Her major concern is the hiring of a manager and several associates who are animal lovers. She also has to coordinate the renovation of a building that was previously owned by a chic clothing store. Foley has gathered the data shown in the table below. Activity A B с D E F G H Description Interview for new manager Renovate building Place ad for associates and interview applicants Have new manager prospects visit Purchase equipment for new store and install Check employee applicant references and make final selection Check references for new manager and make final selection Hold orientation meetings and do payroll paperwork Immediate Predecessor(s) III A CDL А B с E, F, G Time (weeks) a 1 752261 m b 29655 2 7 2 3 7348234 17 13 6 12 14 a. How long is the project expected to take? The project is expected to take 18 weeks. (Enter your response as a whole number.) b. Suppose that Foley has a personal goal of…From your research, write a paragraph on what the integrative relationship is between scope, statement of work, work breakdown structure, and work package.