AIU Online Evaluation and Forecasting of Technical Projects Paper

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AIU Online Evaluation and Forecasting of Technical Projects Paper

Your company has seen important internal projects go off track during execution. After-the-fact analysis has revealed the common factors of inadequate controls and unremarkable but unexpected problems. Senior management now believes that developing and implementing a set of standard control processes, integrated with both planning and execution, will raise success rates.

In a 6-10 page training document, complete the following:

  • Create training materials for the project office.
  • Indicate what controlling measures should be taken at each phase of a project.
  • Provide a survey of important forecasting techniques.
  • Outline limitations and pitfalls of the various forecasting techniques.
  • Choose one technique from each of the major forecasting categories (numerical/statistical, simulation, earned value analysis, and/or ad hoc), and discuss in detail.