management 300 level

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pvepyepybhq

Business Finance

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Please see two comments about the video in this link: http://bevideos.mhhe.com/business/video_library/00... from my classmates i uploaded, then reply them respectively, each of reply should be 100 words.

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week 2 Overall Rating: My place of work uses a variation of the project tracking with EVM. According to our text, project tracking with EVM is a project that identifies the activities to be accomplished, a valuation of each activity work. My specific office has a clear cut sales goal to meet for each product provided. Each specific category to measured either by units sold or total premium. Our life insurance goal is 65,000 dollars in premium by December 2017. That is broken down to a monthly average of around 5 policies per team member a month, with a premium average of 40 dollars a month. The auto metric is identified as the number of raw new auto insurance policies written a month. That is around 25 raw new auto policies a month, per team member. The fire policy metric is 15 policies a month per team member. All of these numbers are geared towards the end of the year growth. The goal is obviously to continuously grow in all categories, this increases our commission percentage. Now if our office hits these goals, benefits are then provided by corporate. For example, the cost for marketing materials will decrease, meaning it will be cheaper for us to purchase large quantities of mail advertising. The owner of the branch is provided a bonus. Our team members are more likely to have ownership opportunities down the road when there is a proven sales record. EVM combines the measure of scope, schedule, and cost for evaluating project progress. The previous descriptions of the sales goals and time of completion are a variation of scope and schedule. The cost for the project is evaluated by the owner. He provides different bonuses for hitting certain goals monthly. He also funds personal networking and fundraising opportunities for team members. All of those things come at a cost. Week 2 Overall Rating: The college I work at uses many of the project management techniques discussed in the chapter. Most of our projects a lead by project teams. For example, to stay accredited, we have an accreditation task team that handles getting everything organized for audits, tasks the organization needs to improve on, and making sure that the things we are doing well we keep doing them well. We have different committees for different projects, the majority of employees are involved with different committees and different projects within those committees. If a pure project structure is used, it is not often and not for long because all of the employees have their full time positions and responsibilities to do along with tasks with the committees. Many times there is an overlap for your task on a committee that ties in with your position's responsiblities.
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Running head: MANAGEMENT 300 LEVEL

Management 300 Level
Name
Institution

1

MANAGEMENT 300 LEVEL

2
Management 300 Level
Response one

I support the idea placed by the student that the project activities are assigned to
different team members who handle different tasks. The project activities are broken into...


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