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- Explain the need for formal project management in contrast to other
forms of management or to self managed projects.
- Two case studies on turning a
company around through better project.
More►
- Reyck BD, Grushka-Cockayne Y, Lockett M, Calderini SR, Moura M, Sloper
A. The impact of project portfolio management on information
technology projects. International Journal of Project Management 23
(2005) 524–537. This reading is available through your instructor.
Email►
Advanced learners like you, often need different ways of understanding a topic. Reading is just one way of understanding. Another way is through writing about what you have
read. The enclosed assessment is designed to get you to think more about the concepts taught in this session.
- Does implementing Portfolio Project Management make projects more
on time and under budget?
- What were the three stages of adoption of portfolio project
management and did these stages make a difference in rate of projects
finishing on time?
Respond in an email to your
instructor.
Email►
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In an Activity Based Cost study
of a project, we need to
estimate the monthly cost of equipment. We
know that the equipment was purchased for $100,000 and it costs $15,000
per year to maintain. If the equipment's life cycle is 5 years,
what is the total monthly cost of the equipment? In this
problem assume a 6% interest rate.
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If the cost and benefits of
an EHR are indicated as below, then calculate the rate of return on the
investment for the electronic health record (assume a 8% opportunity
cost for projects within this organization).
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Description |
Year 0 |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Year 6 |
Year 7 |
|
Initial development costs |
($1,600) |
|
|
|
|
|
|
|
|
Initial training costs |
($100) |
|
|
|
|
|
|
|
|
Operation and maintenance costs |
|
($200) |
($200) |
($270) |
($270) |
($280) |
($280) |
($290) |
|
Ongoing training costs |
|
($150) |
($160) |
($160) |
($170) |
($170) |
($180) |
($180) |
|
Benefits |
|
|
|
|
|
|
|
|
|
Medical record savings |
|
$40 |
$80 |
$100 |
$120 |
$130 |
$140 |
$150 |
|
Paper savings |
|
$10 |
$20 |
$20 |
$30 |
$40 |
$50 |
$60 |
|
Salary savings |
|
$150 |
$350 |
$550 |
$750 |
$850 |
$950 |
$1,000 |
|
Retrieval savings |
|
$70 |
$100 |
$150 |
$200 |
$250 |
$300 |
$350 |
This page is part of the course on Project Management. This page was last edited on
01/31/17 by Farrokh Alemi, Ph.D ©Copyright protected.
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