Saturday, May 9, 2020

Summary Project Management Learning - 1713 Words

Summary of Project Management Learning My employer, Gulfstream Aerospace, offers project management training over six courses which I easily swept through two years ago. Their third-party courseware taught by certified instructors supposedly prepares you to take the PMP Certification. After reviewing the PMBOK Guide and subsequent test requirements, I felt an academic approach would be better in the long run for me by learning not just how?, but why? various project management practices are followed at work but not others. I have experience creating work breakdown structures (WBS) for my projects (separate from routine, ongoing work), yet there was no connection or insight into the cost accounting delivered by the work packages. Likewise, while I create Gantt charts (typically for six month projects), no one ever trained me to produce a risk assessment that factored the probability of possible contigency situations or how to determine a math-based response when the need arises to reduce schedule duration. In addition to the references ofWBS-cost accounting and risk assessment probability calculation, other significant gaps include awareness of the socio-technical nature of approaching project management today, top-down versus bottom-up methods of estimating costs and project times, determining slack with a network diagram (with nary a word about a forward or backward pass), and how to assess and manage project risks effectively. PERT and CPM methodology are acronymsShow MoreRelatedDeposit Mobilization in Banks1071 Words   |  5 Pages[pic] School of Management [pic] SUMMER INTERNSHIP PROJECT On Deposit Mobilization A Research Project Submitted to Add Value in the Degree of Masters of Business Administration (2009-2011) Faculty Guide Company Guide Name Name Prof.Aditya Verma Mr. Ramesh singh Read MoreInformation technology for managers1289 Words   |  6 PagesO G Y FO R MANAGERS George W. Reynolds University of Cincinnati Australia †¢ Brazil †¢ Japan †¢ Korea †¢ Mexico †¢ Singapore †¢ Spain †¢ United Kingdom †¢ United States Information Technology for Managers  © 2010 Course Technology, Cengage Learning George W. Reynolds ALL RIGHTS RESERVED. 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They are expected to understand the internal management of information systems services from the point of view of the CIO and to examine alternative strategies and tactics available to management to achieve goals. 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The first step was to createRead MoreReporting, Meetings And Timing Period1419 Words   |  6 PagesREPORTING, MEETINGS TIMING PERIOD Project meetings are the most effective way of communication and distribute information among project stakeholders. Basically, it is an event which involves everyone who shares information or has any interest or influence in the execution of the project by discussing issues, accepting or rejecting any proposals and making group decisions to deliver the project faster and more efficient according to the planned baselines and expected outcomes. (Eric McConnell, 2010)

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