Monday, August 2, 2010

BUS 528 Assignment Chapter 9

Week 5-Chapter 9 ideas

After I read the introduction, I learned about “Whatever we do, we need to face with limited time, limited money and a shortage of the people, equipment, and materials we need to complete our job.”By all means, no matter how efficient people may be, project manager must realize their limits and make choice.

There are many ways to balance projects. There are 8 ways mentioned in chapter 9:1. Re-estimate the project. 2. Change task assignment to take advantage of schedule float. 3. Add people to the project. 4. Increase productivity by using experts from within the firm. 5. Increase productivity by using experts from outside of the firm. 6. Outsourcing the entire project or a significant portion of it. 7. Crashing the schedule. 8. Working overtime.

I preferred to use “Working overtime” method. Only people who work for the project understand how things go in this project. If add people to the project , in my opinion, project manager need more time to explain and the new persons need more time to get to know the entire project – cost more time and more money. Or, increasing productivity by using experts from within the firm that will this team deliver the best possible schedule performance and it will also be cost-effective.

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