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Lesson 14 Project And Program Management

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Term
Definition
Jules Dupuit   show
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show Became common as a result of the Federal Navigation Act of 1956 Navigation Act: required that the US Army Corps undertake waterway systems projects when the total benefit exceeds the costs of the project  
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Cost Benefit Analysis (1)   show
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Cost Benefit Analysis (2)   show
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show Method for selecting among completing projects when resources are limited, was developed by the military  
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Cost-Effectiveness Ratio   show
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New Present Value   show
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show Alternative calculation to net present value Projects net present value is at zero and the interest rate is blank  
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Internal Rate of Return (1)   show
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Project Management Techniques   show
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Goals Achievement Matrix (1)   show
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Goals Achievement Matrix (2)   show
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show Developed by Charles Gantt in 1917 Chart focuses on the sequence of tasks necessary for project completion Tool to help you think through the task involved in a project  
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show Project management method that attempts to find the optimum design solution for a project The system takes a set of decision variables within constraints and comes up with an optimum design solution  
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show A scheduling method that graphically illustrates the interrelationships of project tasks Good choice when precise time estimates are not available for projects tasks  
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show The analysis results in a "critical path" through the project tasks Project management technique that helps with decision making  
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Fiscal Impact Analysis   show
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show Focuses on cash flow to the private sector Measured in income, jobs, output, indirect impacts, etc.  
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show Comply with local and state procurement requirements Do not play with consultants Understand consultant's costs Identify the best way to use consultants hired to supplement or replace staff  
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Created by: amshinn18
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