Discussion Questions and Participation Questions Essay

Discussion Questions and Participation Questions - establish ExampleOpportunities to expand your services 7. Better flexibility 8. Increased risk assessment 9. Improve attribute 10. Increases in quantity (Brighthub, 2011). In the past I have used run across management as a guide to help me complete run intos. I have used project management to give out schedules, in order to optimize time, and to become more efficient at tasks. Project management skills gage be improved by participation in continued education seminars on the subject, by variation peer review journal articles, and through practice among other methods. Brighthub.com (2011). The Top Ten Benefits of Project Management. Retrieved February 3, 2011 from http//www.brighthub.com/ social function/project-management/articles/2350.aspx Chase, R. B., Jacobs, F.R., & Aquilano, N.J. (2006) Operations management for competitive advantage (11th ed). New York McG newfangled Hill/Irwin. 2. Safety origination is additional memor andum that is held in order to mitigate the risk of a stockout. The safety stock is a considered a yellowish brown management uses to create a comfort level in which to operate. The safety stock should only be used after regular inventory runs out and if the company is unable to replenish its inventory. The safety stock should be used as a last resort in order to keep the trading operations going. A a couple of(prenominal) years ago I moveed a part-time in a storage w atomic number 18house for a company that manufactured paper. There were different rolls of paper that would be used as raw material for the different paper products sold by the company. The buffer or safety stock was managed by the warehouse crew. We would deliver the safety stock to the manufacturing line whenever the company ran out of its regular inventory of paper. 3. protrude of the factors you mentioned about project management which I believe people can work on in order to improve their utilization of the factor is time. Time is a crucial element in project management. Projects involve the use of different deadlines for the deliin truth of project deliverables. In a project when one mortal is late with their part of the project it creates a chain reaction which affects the work of the other members. The project charabanc has to provide follow up on the work of squad members in order to ensure everyone is on the same page. 4. One of the first project management teams I was involved in occurred a few years back. I was a freshman in college back them and I had been assigned to my first team project as a college school-age child. It was an intimidating experience for me because I did not know what to expect. I was very lucky to have worked with a great team of players. One of the guys was a senior business student he served the role of project leader. He was a very outgoing person that knew how to lead others. I learn from this first experience that interpersonal relationships are a critical success factor for project management teams. 5. Engineers are very talented professionals that can add a lot of value to a project. Due to their ability to apply innovation targets are often involved in project management. It would be a wise career move for an engineer to purse an MBA degree. The knowledge gained through a subdues degree program in business can be extremely beneficial for an engineer among other professionals. Professionals with a background in business are better suited to handle the pressures associated with the work of a project manager. 6. Sometimes people utilized project management skills without even knowing they are using them. No project is too small for