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Project Management

The main point of project management is the concept of an “iron triangle” where you can do trade-off analysis between cost, schedule, and performance. Research this concept online.

Then, address the following:

· Provide a realistic example of a trade-off, where one of these three items is optimized at the detriment of the other two items.

· Explain why you selected the one item to optimize.

· Explain how you will work to mitigate adverse impact from the reduction in the other two areas of the iron triangle.

Journal

You will complete a journal each week.

Each week, you will work on one aspect that will help you prepare for the course and reflect. Consider this journal as study notes. This journal will provide an opportunity to capture new ideas from knowledge gained and record your thoughts throughout the course. This will also give you an opportunity to record questions you may wish to research further in preparation for other assigned work. Please remember that copying and pasting your own notes without revising is a form of self-plagiarism.

Begin your post with the label: Unit 6: Project Management

Research the following topics related to project management:

1. Gantt chart

2. Project controls

3. Project planning

4. Risk

5. WBS

Supply Chain Management

A supply chain involves all the activities associated with how manufacturing, materials, facilities, personnel, transportation, inventory, and other items flow and then are transformed into goods and services. Every asset, information, and process is part of the supply chain. For this Discussion, you will be addressing how the supply chain works and possible issues you may encounter.

Within this complex system, operation management responsibilities can be both strategic and tactical.

Examine the place where you currently work, or a prior career, and identify a single service or product produced by your organization.

1. Identify the different components of the supply chain for that product or service (list them from beginning to end). Be sure to identify which parts of the supply chain are considered "upstream" and "downstream" exchanges.

2. Based on what you learned from your research, describe a single current issue that might negatively impact a company's global supply chain.

Journal

You will complete a journal each week.

Each week, you will work on one aspect that will help you prepare for the course and reflect. Consider this journal as study notes. This journal will provide an opportunity to capture new ideas from knowledge gained and record your thoughts throughout the course. This will also give you an opportunity to record questions you may wish to research further in preparation for other assigned work. Please remember that copying and pasting your own notes without revising is a form of self-plagiarism.

Begin your post with the label: Unit 7: Supply Chain Management

Research the following topics related to supply chain management:

1. Procurement

2. EDI

3. Risk management

4. RFID

5. Supply chain uncertainty