Picture Yourself as a Project Manager Intent on Bringing CCPM

question 57

Essay

Picture yourself as a project manager intent on bringing CCPM to your organization that has historically used classic critical path project management.How would you convince your project team to develop 50% estimates for their project contributions rather than the 90% estimates they have used since they started with the company?

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Definitions:

Single Plantwide Factory Overhead Rate

A method of allocating overhead costs to products based on a single predetermined rate, typically used in manufacturing environments where production processes are similar.

Direct Labor Hours

The total time spent by workers directly involved in the manufacturing process to produce goods.

Machine Hours

A measure of production output, calculated by the total hours that machinery is operated in the production of goods.

Single Plantwide Factory Overhead Rate

A method of allocating factory overhead to all units produced across an entire plant, using a single, uniform rate.