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You are the project manger at a utility company. Due to the recent rise in the cost of petroleum, your organization is exploring ?

cheaper, alternatives forms of energy. You are in the process of developing the project charter. All of the following are tools/ techniques that you can use to develop the project charter EXCEPT: A. Project selection methods B. PMIS C. Expert judgment D. Project management methodologies E. Decomposition

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Question added by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date Posted: 2019/01/23
Haiam Al -Uaimer
by Haiam Al -Uaimer , Accounts Director , Almond

As the project manager at a utility company facing higher petroleum costs, the organization is focused on exploring cost-effective and sustainable energy alternatives. Key strategies include investing in renewable energy sources like solar, wind, hydro, and geothermal power, implementing energy efficiency initiatives, deploying smart grid technology, and promoting demand management programs. Energy storage solutions, diversification of energy sources, and securing long-term contracts are also considered to reduce vulnerability to petroleum price fluctuations. Public awareness campaigns and collaboration with regulatory bodies aim to support renewable energy adoption. The overall goal is to reduce operational expenses, optimize energy usage, and contribute to environmental sustainability while ensuring a reliable energy supply for customers.

amjad iqbal
by amjad iqbal , Group Product Manager , Shaigan Pharmaceutical Pvt. Ltd Pakistan

Dear sir,

Looking after charte and project managment and then company buiding and all rewuirement for chaper energy can give us very good guidance for this project.

Muhammad Ahmed Saeed
by Muhammad Ahmed Saeed , Assistant Manager , U Microfinance Bank Pvt. Ltd

Project management methodologies, Close Monitor Process-Schedule to Budget Catch-Control & soon implement to stand-by Cheaper Available Resourse like CNG, NG, etc

Chandana Gunathilaka nice
by Chandana Gunathilaka nice , Sales And Marketing Executive , Getwing hotels Group

yes I want desiccant and activities 

QUDRATH ALI MOHAMMED
by QUDRATH ALI MOHAMMED , Sales Executive , Airlink International UAE

D. Project management methodologies

Pradeep Singh
by Pradeep Singh , Regional Operations Manager , Bacchus Enterprises Ltd.

Yes, it is the need of hour to explore better reliable option ... !!!

(1) Close Monitor Process-Schedule to Budget Catch-Control & soon implement to stand-by Cheaper Available Resourse like CNG, NG, etc

(2) Possibly try to cut-short the process-link activities which could integrate best help in achieving minimizing internal cost & increase profit % & / sustain market competition

anand mahindrakar
by anand mahindrakar , Construction Area Manager , HBK Contracting

Frist of all be careful of  usage of the equipments and control the fule consumation. Find alternative if we can utilize power soure instaed of fule. Get the cost comaparition of petroleum product V/s alternate product. Present it to organization and if contract allows to get the incline star rates.

PERIYAR POORNISH KUMAR RAMAKRISHNAN - PMP®
by PERIYAR POORNISH KUMAR RAMAKRISHNAN - PMP® , IT Manager , M. H. Alshaya Company

Answer is C. Expert Judgement.

We can use all the other options to develop the project charter

PARTHA SARATHI  GHOSAL
by PARTHA SARATHI GHOSAL , Manager – Project & Commissioning Startup , Raufar Turnaround Specialists Private Limited (as Prime Contractor) in Oil & Gas EPC & FPSO Construc

1) Minimize the Company additional Cost (Such as Over Head Cost).

2) Minimize & Well Control the Re-work of Production.

3) Proper Planning & utilisation of materials & Consumable.

4) Closely monitor the Production Task &

5) Minimise of wastage of time

6) Proper utilisation of Man/Hr

7) BE Strict of Project Completion on Time.

Syed Mohammad Saiful Haque Faisal
by Syed Mohammad Saiful Haque Faisal , Project Manager , Unger Steel Middle East FZE

Answer B. PMIS

PMIS stand for Project Management Information Syetem. Definetly it is not a tool/technique but a softawre to store data.

 

Muhammad Farooq
by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.

E. Decomposition --------------------

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