Controlling Project Performance and Project Closure Essay

Controlling Project Performance and Project Closure - Essay Example This is advantageous in that the facility can procure latest technology without having to undergo renovation of the facility. The facility also doesn’t have to provide financing for the equipment without generating income(Daniel 2014). This is helpful especially to those that want to use top notch technology while controlling costs. Fast tracking also has its own down sides. Late release of documents, increases chances and frequency of mistakes and conflict in information provision in specification and plans. The contractor needs periodic adjustments due to reliance on incomplete documents to provide schedules and pricing. This means that both change orders and contingency funds must be utilized in a bid to offer compensation to the contractor. By using fast tracking, all parties; the contractor, owner and architect engage in a flexible and open relationship. The owner must not expect cost cutting and saving in both construction and design(Daniel 2014). Fast tracked projects arrive over budgeted and are late than other procurement strategies. It hence becomes prudent for the owner to access both the risk, relationships with both architects and contractors and sophistication levels of the project. This project with a S.P.I of 0.8 means that its below the mount level thus will experience a normal range of losses and profits. The project therefore is viable to prosper depending on the actions of project management team to oversee that all factors such as shares, dividends and investments all contribute to the growth of the project(Daniel 2014). The project having a C.P.I of 1.2 means that it is way above supernormal profits. therefore this project will make unrealistic sense hence could lead to much anticipation for growth then end up in collapsing. The monitoring of performance on projects is based on indices. While Cost Performance Index usually represents the amount of work completed on a project for each spent unit. Schedule Performance

The President Wants You to Organize Term Paper Example | Topics and Well Written Essays - 500 words

The President Wants You to Organize - Term Paper Example The article also depicts the upcoming of Lewis , the future leader of the labor party with a unique and powerful personality .Here the caption â€Å" The President wants you to organize â€Å" relates to the slogan spread by Lewis to his fellow workers working in coal mines in an attempt to work out their freedom. It conveys the message that ,the president wants to see a union of labor of coal miners across the country. Here the author is trying to say or argue that rich and powerful will always try to subordinate or exploit the poor and helpless. Here the indication is on the coal miners who are working in the unfavorable conditions with a meager wages and inferior facilities. Here the emphasis is on the President’s demand for unity among workers to gain power and freedom in their profession. Here the author is saying that the president wants to see unity among coal miners so that they can get facilities. The author is arguing about the truce between the industrialist and the labor class. The author is saying the in order for the laborers to bargain or demand; they should form a legal union .Labor’s right and freedom is the main content of this chapter and the call for unity is originating from the President. Along the chapter the author is projecting the fight of labor class for better wages and living circumstances against all odds. Here the chapter starts with the Presidents call for all skilled and unskilled workers to unite in an attempt to demand their human rights and freedom. Here the chapter explains the negativism in the life of coal mining labors and their struggle to earn decent wages and comfortable living situations. Unfortunately, all the authority lies under the strong and cruel hands of the industrialist. Here, Lewis is one personality who comes up front to assist the coal miners in formulating a labor union where in they can bargain for their human rights. The chapter explains about the will power and motivation of Lewis in