Please answer all demands Define:1- Engineering Management, 2- Construction Management, 3- Quality Assurance, 4- QualityControl, 5- Elements of Construction ManagementExplain in detail the types of contracts and discuss their main advantages and disadvantages.What are the stages of a project, explain all of them briefly.

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Answered: 1- Engineering Management, 2-…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 21P

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Below are the concerns contractors should necessary consider before tendering for projects. Explain -Requirements for the project -Estimated project costs - Human resource capabilities -Business capabilities match - The bid management group
You are to be the Contract Administrator on a project for a new facility of a five story Girne American University dormitory that houses 850 students. The engineer suggests that in the case of cost-plus contract 18, 10, 3 and 10 percent should be added to the actual labor, Renewing the roof coverings, materials, and Internal alterations costs respectively. In the case of the cost plus fixed fee contract, the fixed fee should be £40,000. In the case of the cost-plus sliding fee contract, the fee should be 14%, 12%, 10% for resulting total cost in the ranges of £300,000 to £350,000; £350,000 to £375,000 and £375,000 to £425,000 respectively. For the cost plus guaranteed ceiling price contract, the fee should be £50,000 less 35% of any actual cost above the target cost £350,000. The expected cost for superstructure and the installation of new equipment is £192,000. a) Calculate the expected total cost of the project. b) Which of the above negotiated contract to you recommend…
A quantifiable practice adds value to company, but not the client. It helps avoid project failure and no one else is doing it. Is this a best practice candidate?
How does the project team intend to ensure that the project deliver quality product(s) or service(s)?
Instructions Assume that your class group has been selected and hired by the FAO to manage this FAO Funded Aquaponics Project described in the article (above). Using expressed and implied information in the article, your project team is required to craft/develop some project documents and plans to help in the overall management of the Aquaponics Project, with specific focus on the components and questions/statements listed below. Propose an initial risk register for the Project (with a minimum of 5 risks).
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The agreed-upon cost for the base doll and fabric is $3 for each of the 5,000 dolls. Target profit is 10% of the total target cost. Any cost savings will be shared equally between you and the supplier. Assuming the supplier delivered all materials on time and in good quality at a final project cost of $12,000. How much do you pay the supplier?
Task: Assume that you have been contracted as a marketing consultant by a sportsorganization, and have been asked to develop and submit a marketing and sponsorship plan for the Shevern John's Norh Windward t10 tournament. The marketing plan is a comprehensive, written framework for strategically obtaining marketing objectives. The sport-marketing plan can be written for a single sportproduct/service, a group of products/services, a new promotional strategy, or an entire sportsorganization.The Marketing and Event Proposal should include the following:1. Executive Summary - a condensed overview of the marketing plan2. Introduction - Description of the event3. Marketing Strategies:• A strategy for Market Segmentation: What will serve as the basis forsegmentation, and why? What is the rationale for selecting the target markets?• A discussion of the Product: What is the core product, and what are theproduct extensions? 4. A discussion of the Place the event is held and the means of its…
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What are the benefits and downsides of SPI techniques, and how can one determine whether or not a certain method is suitable for a given project and business setting?
How can a project/program be terminated?

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1- Engineering Management, 2- Construction Management, 3- Quality Control, 5- Elements of Construction Management