MUST OWN intervention & REFLECTION BASING ISSUES IN BIOTECHICS Health Medical Assignment Help

Please review the case study and answers the below 2 questions using 250-300 words in a APA format .

Teloxy Engineering has received a one-time contract to design and build 10,000 units of a new product. During the proposal process, management felt that the new product could be designed and manufactured at a low cost. One of the ingredients necessary to build the product was a small component that could be purchased for $60 in the marketplace, including quantity dis- counts. Accordingly, management budgeted $650,000 for the purchasing and handling of 10,000 components plus scrap.

During the design stage, your engineering team informs you that the final design will require a somewhat higher-grade component that sells for $72 with quantity discounts. The new price is substantially higher than you had budgeted for. This will create a cost overrun.

You meet with your manufacturing team to see if they can manufacture the component at a cheaper price than buying it from the outside. Your manufacturing team informs you that they can produce a maximum of 10,000 units, just enough to fulfill your contract. The setup cost will be $100,000 and the raw material cost is $40 per component. Since Teloxy has never manu- factured this product before, manufacturing expects the following defects:

Percent defective 0 10 20 30 40 Probability of 10 20 30 25 15

occurrence
All defective parts must be removed and repaired at a cost of $120 per part.

1. Using expected value, is it economically better to make or buy the component?
2. Strategically thinking, why might management opt for other than the most economicalchoice?

Clean Data and Basic Analysis

Using the data collected in week 1, clean the data and perform perform basic statistical analysis.

Often times data is analyzed and visualized to understand, but not to present the visualization. Visualizations can be excellent analytical tools.

If you would like to generate different data than what was gathered in week 1, you may. However, clearly state that the data is different and the source of the data in the research paper. You do not need a compelling reason, so do not spend time trying to justify your choice. You may use data that is available within the libraries of R, as well.

Determine what cleaning is needed, if any. Using statistical tools provided in the lecture, or tools you ascertained the knowledge of from another source, determine what tools to use and perform at least 2 statistical analyses on your dataset.

After completing these actions in R, write a research paper and describe:

• the condition, type, and size of your data
• what cleaning was needed in order to prepare the data for analysis
• what statistical tools were used and any assumptions these tools have
• what were the results of the statistical analyses and what does this tell you about your data?
• could you see any way to discretely misrepresent your data when performing your cleaning or analysis?

The following documents should be submitted for full credit:

• The research paper
• The .r file with your code and/or
• If the cleaning and statistical tests were done in the console, copy and paste the console input/output into a .txt file

Your research paper should be at least 3 pages (and at least 800 words), double-spaced, saved in MS Word format. All research papers in this course should be written in APA format, excluding the abstract. Properly cite and reference any websites or documents you include to support the requirements of this assignment.

Your cover page should contain the following: Title, Student’s name, University’s name, Course name, Course number, Professor’s name, and Date.

Week 2 Discussion 2

Students must read the case study “Creating a Methodology” on page 108 and answer one (1) of the questions on page 110

words:300

also provide replies to below student posts each in 125 words.

Rush-

The different life cycle phases of Enterprise Project Management Methodology include Initiation, planning, Implementation and close out. These life cycle phases extend from 4 basic mentioned phases to multiple number of phases depending upon the project manager.

Project description, project office, project dependencies and potential risks regarding project are some essential tasks performed during project initiation phase. Creating a resource plan, strategy, allocating roles and responsibilities, budget planning, risk assessment, mitigation plan is some of important activities that are performed during project planning phase. During project execution phase task management, risk management, quality management, communication management and building up deliverables, monitoring and controlling are essential parts. In the last close out phase reviewing and closing out the project are main process. In the all above phases of Enterprise Project Management methodology project management office needs to hold review meetings and get necessary sign offs from different teams and when number of life cycle phases increases to more than 6 phases it becomes more difficult for the project management office to attend review meetings and follow up for all the phases. Project management officer would spend most of his time in creating paperwork rather than monitoring the project which would delay the project and it is not feasible to have more than 6 life cycle phases of Enterprise Project Management Methodology. Project manager in major companies work on multiple projects simultaneously and there would be more meetings and more delay if the methodology is not properly designed. Critical issues will move apart rather than focusing on small issues and project duration also increases with increase in number of project life cycle phases. A perfect project management methodology would contain not more than 6 life cycle phases which would have good focus and proper strategy to make project successful. Previously all life cycle phases are managed by different people whereas now a days it is managed by program manager solely because there were underlying conflicts if multiple people worked on multiple phases of a project. This was the proper essential method to follow six or less life cycle phases of enterprise project management methodology.

As mentioned in the above discussion a Project management officer or a program manager should opt for six or less cycles phases to properly plan the project for timely management of the project and pave ways for the success of the project.

saipava-

Can a PMO accelerate the implementation process?

Now, at the heart of the task/purpose is set up within the PMO, and the next step is to identify the critical services that PMO provides with the support of its business objectives. The following says about the various possible PMA services in the service to adjust the visibility of key projects and business policies in task coordination. Some organizations can pool many of these areas, while others have been providing them for all (McCormack, K. 2015).

System plans rely on actual scope and scale and are based on the dense environment of the PMO organization and its services. The Excel list in enterprise CLASS MRP can satisfy the correct solution. It would, therefore, be insignificant to provide detailed leadership in this regard in the following improved training courses. Integrated directions for strategic adjustment, resource utilization, project management, better communication, and cooperation, training and project monitoring (e.g., status, needs, risks, calendar, time monitoring). Each service system should provide an easy way to develop reports on identified projects, plans, and portfolios.

Most SMEs have been accused of improving project management projects as well as overall maturity and capacity. To this end, organizational skills assessments must be established in order to determine a specific status. Development plans should be based on an institutional and personal level, with a focus on bridging the gap between the target level and the target level or skill level. The repair plan should be developed in coordination with functional and resource managers. The Sertic program can be used to defend and identify skills and skills. The follow-up plan should be involved in the development, training, verification and feedback system for the effectiveness of training (Ibbs, C.W. 2010).