Major factors in managing construction of house Assignment

Major factors in managing construction of house - Assignment Example The completion of any project is the successful conglomeration of many factors. Construction of house is also no exception to this. The following factors must be taken care of by the project manager in the ensuring that all activities are completed in time. License from the authority for the construction Availability of wood, nail, gum, plumbing material, wiring material, curtain, carpet etc Availability of Labour Efficient use of resources Completion of each activity in time so that the project can be finished as desired (i)Discuss the advantages and disadvantages of network and the WBS. Advantages of Networking Helps the project manager to concentrate their attention to the critical activities and their completion in time Provides the best way of planning and scheduling a project Give complete information about duration, slackness etc of activities Suggest areas for increasing efficiency and reduction of costs Helps to formulate new schedules and when the existing schedule cannot be met Minimizes delay in completion of the project Disadvantages of Networking The realistic time estimates are not obtained. In the case of new and non-repetitive type of projects, the time estimates are more often mere guesses It is not easy to develop a clear logical network in some cases The level of network details cannot be determined properly in some cases. The level of details varies from planner to planner depending on the judgment and experience Lack of trained personnel in the network methodology. Advantages of WBS Allows the project manager to understand the scope of the project Facilitates the manager to understand the various activities, sub activities and their completion time It provides the frame work to understand the planning and controlling cost of the project It can be revised as and when required by the manger Disadvantages of WBS In case of some projects, certain activities cannot be delineated from other activities because of overlapping The exact deliverables need not be estimated with accuracy in case of all projects The philosophy of WBS preparation may change from firm to firm. (k) Integrate WBS and OBS for the project Responsibility Assignment Matrix (RAM) Performing Department Landscaping Foundation Siding Roofing Plumbing Finishing Project Manager (Andy) Plastering Framing Wiring Skylight TV Antenna Painting Make Curtain Lay Carpet Builder ( Joseph) X X Electrician (John) X X Plumber (Tony) X Handyman (

Enhancing Motivation, Ethics and Values Essay Example | Topics and Well Written Essays - 1000 words

Enhancing Motivation, Ethics and Values - Essay Example The number and severity of business scandals have resulted in the need to enhance the ethics and values of today’s managers and leaders. The organization’s Code of Conduct, mission statement or values policy statements should reflect the expectations of ethical behavior from the company’s leaders. An ethical code serves not only the interests of the company, but has the broader purpose of fairness and justice towards all stakeholders associated with the company, state Kaptein & Schwartz (2007). It is important that business leaders need to follow the requirements of the stated ethical code, and accordingly manifest their professional behavior towards all stakeholders of the company. Federal regulations concerning the disclosure of written ethical codes of the corporation need to be complied with. Many large firms such as Enron, WorldCom, and HealthSouth have been found to have been unethically managed by their coporate executive officers, corporate finance officers and other top managers, which has been the main reason for regulators to investigate the root cause of ethical failures in companies. The lack of an ethical standard, benchmark or technique to measure the level of ethics in a company’s operations appear to have played a major role in these companies’ failures (McGraw et al, 2008). Integrity is an important element of leadership. The authors develop a theory-based model for judging a corporate leader’s integrity, by addressing questions based on what the criteria for judging are, when integrity judgments are particularly important, who the judges are. The relevant set of moral values and norms of stakeholders which affect such judgments are enabled by three components of integrity criteria: laws, codes of conduct, and informal moral values and norms. Relevant stakeholders expect a corporate leader to abide by these ethical norms. Such an integrity judgment