Transport and Management Projects Case Study Example | Topics and Well Written Essays - 1500 words

Transport and Management Projects - causa Study ExampleThis makes the minimum time period for completion as 72 days and supreme completion of time period as 87 daysThe delay of 5 days in backing up of Atlas Web Site causes the decrease of float time by 5 days or increase of minimum and maximum time periods for the bedevil to 80 to 90 days. The priming is the backing up of Atlas Web Site also is an individual task that is not through simultaneously with any other one. 6. Importance of Risk Management and Costing The importance of childbed happen management lies in anticipating and addressing the uncertainties. These uncertainties threaten the goals and time tables considered for the project. The questions of material and infracts quality be considered in risk of exposure management. This improves the quality of the project. The delays in deliver of sufficient materials are lessen and this meets the project needs in time. The changes for work out and personnel are also minim ized by risk management methods. The budget and personnel changes shag be avoided by having completed knowledge and research. The delays in delivery dates and budget overages can be minimized as part of the risk management process. This involves the following of the project also. The costing of the project is capable of estimating the project cost and equiprobable increases if there are any delays. The increase in the cost can be minimized by minimizing the delays. As the delays are minimized by risk management and the minimizing the project cost is done by costing the importance of risk management and costing is working on them simultaneously. This is contingent by making the risk management process oriented. The risk management avoids having a palmy project with an unsuccessful product. This way of life that the risk management takes into consideration the... The importance of project risk management lies in anticipating and addressing the uncertainties. These uncertainties threaten the goals and time tables considered for the project. The questions of material and parts quality are considered in risk management. This improves the quality of the project. The delays in deliver of sufficient materials are minimized and this meets the project needs in time. The changes for budget and personnel are also minimized by risk management methods. The budget and personnel changes can be avoided by having completed knowledge and research. The delays in delivery dates and budget overages can be minimized as part of the risk management process. This involves the costing of the project also. The costing of the project is capable of estimating the project cost and probable increases if there are any delays. The increase in the cost can be minimized by minimizing the delays. As the delays are minimized by risk management and the minimizing the project cost is done by costing the importance of risk management and costing is working on them simultaneously. This is possib le by making the risk management process oriented. The risk management avoids having a successful project with an unsuccessful product. This means that the risk management takes into consideration the marketing also to avoid the failure product of a successful project.