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Project Development
Project management is the process of supervising the work of a team to achieve all project goals within the given constraints. This information is usually described in project documentation, created at the beginning of the development process. The primary constraints are scope, time and budget. The secondary challenge is to optimize the allocation of necessary inputs and apply them to meet predefined objectives. The objective of project management is to produce a complete project which complies with the client's objectives. In many cases, the objective of project management is also to shape or reform the client's brief to feasibly address the client's objectives. Once the client's objectives are established, they should influence all decisions made by other people involved in the project– for example, project managers, designers, contractors and subcontractors. Ill-defined or too tightly prescribed project management objectives are detrimental to the decisionmaking proces ...
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Catachrestic
Catachresis (from Greek , "misuse"), originally meaning a semantic misuse or error, is also the name given to many different types of figures of speech in which a word or phrase is being applied in a way that significantly departs from conventional (or traditional) usage. Examples of the original meaning include using "militate" for "mitigate", "chronic" for "severe", "travesty" for "tragedy", "anachronism" for "anomaly", "alibi" for "excuse", etc. As a rhetorical figure, catachresis may signify an unexpected or implausible metaphor. Variant definitions There are various characterizations of catachresis found in the literature. Examples Dead people in a graveyard being referred to as inhabitants is an example of catachresis. Example from Alexander Pope's '' Peri Bathous, Or the Art of Sinking in Poetry'': Masters of this atachresiswill say, :Mow the beard, :Shave the grass, :Pin the plank, :Nail my sleeve. Use in literature Catachresis is often used to convey extreme emot ...
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Henry Gantt
Henry Laurence Gantt (; May 20, 1861 – November 23, 1919) was an American mechanical engineer and management consultant who is best known for his work in the development of scientific management. He created the Gantt chart in the 1910s. Gantt charts were employed on major infrastructure projects including the Hoover Dam and Interstate highway system and continue to be an important tool in project management and program management. Gantt is also recognized as an early proponent of the social responsibility of businesses. Biography Early life, education and family Gantt was born to a prosperous plantation family in Calvert County, Maryland, at the outbreak of the American Civil War. When the war ended the family lost their slaves and land and moved to Baltimore. He graduated from McDonogh School in 1878 and from Johns Hopkins University in 1880, and then returned to the McDonogh School to teach for three years. He subsequently received a Master of Engineering degree in m ...
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Remington Rand
Remington Rand, Inc. was an early American business machine manufacturer, originally a typewriter manufacturer and in a later incarnation the manufacturer of the UNIVAC line of mainframe computers. Formed in 1927 following a merger, Remington Rand was a diversified conglomerate making other office equipment, electric shavers, etc. The Remington Rand Building at 315 Park Avenue South in New York City is a 20-floor skyscraper completed in 1911. After 1955, Remington Rand had a long series of mergers and acquisitions that eventually resulted in the formation of Unisys. During World War II, Remington Rand produced M1911 pistols used by the United States Armed Forces. History Remington Rand was formed in 1927 by the merger of the Remington Typewriter Company and Rand Kardex Corporation. One of its earliest factories, the former Herschell–Spillman Motor Company Complex, was listed on the National Register of Historic Places in 2013. ''Note:'' This includes an''Accompanyi ...
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DuPont
Dupont, DuPont, Du Pont, duPont, or du Pont may refer to: People * Dupont (surname) Dupont, also spelled as DuPont, duPont, Du Pont, or du Pont is a French surname meaning "of the bridge", historically indicating that the holder of the surname resided near a bridge. , the name was the fourth most popular surname in Belgium, and , i ..., a surname of French origin * Du Pont family, one of the wealthiest families in the United States Companies * DuPont, one of the world's largest chemical companies * Du Pont Motors, a marine engine and automobile manufacturer from 1919 to 1931 * Dupont Brewery, a brewery in Belgium Places in the United States * Dupont, Colorado, an unincorporated community * Du Pont, Georgia, a town * Dupont, Indiana, a town * Dupont, Pointe Coupee Parish, Louisiana, an unincorporated community * Dupont, Ohio, a village * Dupont, Pennsylvania, a borough * Dupont, Tennessee, a community * DuPont, Washington, a city * Dupont, Wisconsin, a town * DuPont ...
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Critical Path Method
The critical path method (CPM), or critical path analysis (CPA), is an algorithm for schedule (project management), scheduling a set of project activities. A critical path is determined by identifying the longest stretch of dependent activities and measuring the time required to complete them from start to finish. It is commonly used in conjunction with the program evaluation and review technique (PERT). History The CPM is a project-modeling technique developed in the late 1950s by Morgan R. Walker of DuPont and James E. Kelley Jr. of Remington Rand. Kelley and Walker related their memories of the development of CPM in 1989. Kelley attributed the term "critical path" to the developers of the PERT, which was developed at about the same time by Booz Allen Hamilton and the U.S. Navy. The precursors of what came to be known as critical path were developed and put into practice by DuPont between 1940 and 1943 and contributed to the success of the Manhattan Project. Critical path ...
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Schedule (project Management)
In project management, a schedule is a listing of a project's milestones, activities, and deliverables. Usually dependencies and resources are defined for each task, then start and finish dates are estimated from the resource allocation, budget, task duration, and scheduled events. A schedule is commonly used in the project planning and project portfolio management parts of project management. Elements on a schedule may be closely related to the work breakdown structure (WBS) terminal elements, the Statement of work, or a Contract Data Requirements List. Overview In many industries, such as engineering and construction, the development and maintenance of the project schedule is the responsibility of a full-time scheduler or team of schedulers, depending on the size and the scope of the project. The techniques of scheduling are well developed but inconsistently applied throughout industry. Standardization and promotion of scheduling best practices are being pursued by th ...
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Engineering
Engineering is the practice of using natural science, mathematics, and the engineering design process to Problem solving#Engineering, solve problems within technology, increase efficiency and productivity, and improve Systems engineering, systems. Modern engineering comprises many subfields which include designing and improving infrastructure, machinery, vehicles, electronics, Materials engineering, materials, and energy systems. The Academic discipline, discipline of engineering encompasses a broad range of more Academic specialization, specialized fields of engineering, each with a more specific emphasis for applications of applied mathematics, mathematics and applied science, science. See glossary of engineering. The word '':wikt:engineering, engineering'' is derived from the Latin . Definition The American Engineers' Council for Professional Development (the predecessor of the Accreditation Board for Engineering and Technology aka ABET) has defined "engineering" as: ...
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Resource Allocation
In economics, resource allocation is the assignment of available resources to various uses. In the context of an entire economy, resources can be allocated by various means, such as markets, or planning. In project management, resource allocation or resource management is the scheduling of activities and the resources required by those activities while taking into consideration both the resource availability and the project time. Economics In economics, the field of public finance deals with three broad areas: macroeconomic stabilization, the distribution of income and wealth, and the allocation of resources. Much of the study of the allocation of resources is devoted to finding the conditions under which particular mechanisms of resource allocation lead to Pareto efficient outcomes, in which no party's situation can be improved without hurting that of another party. Strategic planning In strategic planning, resource allocation is a plan for using available resources, fo ...
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Work Breakdown Structure
A work-breakdown structure (WBS) in project management and systems engineering is a breakdown of a project into smaller components. It is a key project management element that organizes the team's work into manageable sections. The Project Management Body of Knowledge defines the work-breakdown structure as a "hierarchical decomposition of the total scope of work to be carried out by the project team to accomplish the project objectives and create the required deliverables." A WBS provides the necessary framework for detailed cost estimation and control while providing guidance for schedule development and control.Booz, Allen & HamiltoEarned Value Management Tutorial Module 2: Work Breakdown StructureOffice of Science, Tools & Resources for Project Management
science.energy.gov. Ac ...
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Scientific Management
Scientific management is a theory of management that analyzes and synthesizes workflows. Its main objective is improving economic efficiency, especially labor productivity. It was one of the earliest attempts to apply science to the engineering of processes in management. Scientific management is sometimes known as Taylorism after its pioneer, Frederick Winslow Taylor. Mitcham, Carl and Adam, Briggle ''Management'' in Mitcham (2005) p. 1153 Taylor began the theory's development in the United States during the 1880s and 1890s within manufacturing industries, especially steel. Its peak of influence came in the 1910s. Although Taylor died in 1915, by the 1920s scientific management was still influential but had entered into competition and syncretism with opposing or complementary ideas. Although scientific management as a distinct theory or school of thought was obsolete by the 1930s, most of its themes are still important parts of industrial engineering and management today. ...
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Frederick Winslow Taylor
Frederick Winslow Taylor (March 20, 1856 – March 21, 1915) was an American mechanical engineer. He was widely known for his methods to improve industrial efficiency. He was one of the first management consulting, management consultants. In 1909, Taylor summed up his efficiency techniques in his book ''The Principles of Scientific Management (monograph), The Principles of Scientific Management'' which, in 2001, Fellows of the Academy of Management voted the most influential management book of the twentieth century. His pioneering work in applying engineering principles to the work done on the factory floor was instrumental in the creation and development of the branch of engineering that is now known as industrial engineering. Taylor made his name, and was most proud of his work, in scientific management; as a result, scientific management is sometimes referred to as ''Taylorism''. However, he made his fortune patenting steel-process improvements. Biography Taylor was born in 18 ...
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Henri Fayol
Henri Fayol (29 July 1841 – 19 November 1925) was a French mining engineer, mining executive, author and director of mines who developed a general theory of business administration that is often called Fayolism. He and his colleagues developed this theory independently of scientific management. Like his contemporary Frederick Winslow Taylor, he is widely acknowledged as a founder of modern management methods. Biography Henri Fayol was born in 1841 amidst the great eruption of the industrial revolution in a suburb of Constantinople (now Istanbul). His father, a military engineer, was appointed superintendent of works to build Galata Bridge, across the Golden Horn. Morgen Witzel (2003). ''Fifty key figures in management''. Routledge, 2003. , p.96. The family returned to France in 1847, where Fayol graduated from the mining academy " École Nationale Supérieure des Mines" in Saint-Étienne in 1860. That same year, aged 19, Fayol started working at the mining company named " ...
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