Using a Gnatt chart allows you to see every task that needs to be completed. With this particular chart, you can work out the minimal delivery time to complete the project. It is often essential to have many tasks overlapping…   Read more»

As mentioned in prior posts, the occurrence of absences or vacations should be considered while developing a project schedule. Therefore, team members should take the initiative to express future requests for vacation time in advance. Correspondingly, project managers should take…   Read more»

Increases to the cost of a project can come from many places. The important goal of a project is staying under or at the set budget. The usual suspects for such increases are failing to meet deadlines, unexpected personnel absence,…   Read more»

I think there are many reasons projects fail. Many of which are going to stem from poor planning and the teams inability to adapt.  If you get off to a good start and things begin to become rocky, it is…   Read more»

Several things come to mind that may increase the cost of the project such increase in project scope, or even increase the resources needed can cause the overall budget to increase. However there are several such things which we can…   Read more»

Posted by: @llefevre A milestone is a significant point or event in a project, also milestones have zero duration because they represent a specific point or event. It’s inevitable that not all milestones are going to be met on time…   Read more»

My class. So, I teach honors chemistry which is required for graduating with an advanced diploma.  The issue is some of the students get in the class and decide that it’s too hard AFTER the two week period when they…   Read more»

Execution for the project is usually laid to minute tasks but project manager. If an employee goes on vacation or has a personal leave, in most cases it accounted for as slack days. So at the end the project is…   Read more»

The idea behind a Gantt chart is to illustrate or paint a wholistic picture of the project schedule. The basic Gantt charts consists tasks to be performed on the vertical (y-axis) and as always time interval on the horizontal axis…   Read more»

Risk management and agile project management are two things that come to my mind when thinking of cost overruns. In most cases, cost overruns occur due to unexpected expenditures which most of the time are resulting from unassessed risks in…   Read more»

I completely agree with previous comments just I want to mention grant charts are for scheduling different sections of a project that can be done parallel and it’s not for sections like design verification which need to completed step by…   Read more»

Posted by: @naglaa-hemida Project cost is a critical aspect of the project, first, the cost plan is the most important part for investors to make sure they are going to make a profit at the end of the project. It…   Read more»

During my Capstone project, we had unexpected delays in acquiring materials. Our main component was an impact absorbing material we were receiving from a vendor. This was expected to be a fairly simple task, due to previous work with the…   Read more»

I believe the proper time for project initiation is when you can prove a need for a project, a market, and that the project is feasible. I think the project being feasible is the most important part to initiate a…   Read more»

Posted by: @djr32 In this week’s lecture, we learned about planned value and actual cost. Planned value is the value of the work you are supposed to have on a certain date. While the actual cost is the cost of…   Read more»

During my Capstone project, my group initially created detailed plans of the design and materials we would need to complete the project. We then estimated our budget based on the cost required to purchase the necessary materials. We were creating…   Read more»

Risk strategies are put in place to avoid risk impacting a project. Risk management is a key process that project managers must include when working to complete a project. A risk that I was faced with included working with other…   Read more»

Posted by: @jvv6 How much information is needed in order to begin a formal project is solely dependent on what is already known about the the technologies surrounding the prospective project. Like in the above example you provided, the biomaterial…   Read more»

If the devices is non-invasive it can still be categorized as a class 1 medical device. All medical devices do need a 510k to be classified as a medical device. This is the same for medical devices that do or…   Read more»

Changes are made during a project all of the time. People should prepare for changes within the budget, tasks, supplies and team members. When a team member changes positions and are assigned a different task. Some one else must step…   Read more»