Sunday, April 10, 2011

Çağatay Kadir Aktaş, 030060176, 9th week

Project Justification (18:39 10.4.2011)
Project justification should be based on valid objectives that are aligned to the business or strategic goals of the stakeholders. On traditional projects, once the project is justified, it continues on usually without any rejustification, unless serious problems emerge that can mandate the project be canceled.
Large, complex projects exist for the duration of the yearly funding cycle. At the end of each year, project rejustification is necessary for the next yearly funding cycle. Even if the rejustification is completed successfully, politics may dictate that the funds be redirected to some other project. This can happen if funding was allocated for the entire project.
(Harold Kerzner, Internation Institute for Learning, Carl Belack, Managing Complex Projects, pg: 117)

Zero-Sum Approach (19:14 10.4.2011)
A zero-sum approach empowering the poor by increasing their rights might focus on the distribution of assets or rights between the rich (or middle class) and the poor. A zero-sum approach to political rights focus on increasing the political representation of the poor relative to that of the rich. For example, voting turnout rates for the poor could be increased, potentially electing more erpresentatives who reflect poor people's interests rather than the interests of the nonpoor.
(Deepa Narayan-Parker, Measuring Empowerment, pg:368)

CPOF (Capacity Planning Using Overall Factors) (20:12 10.4.2011)
CPOF method begins with the total sandard hours required to produce each item in the MPS, then multiplies those hours by the number of units planned for a production in a given week. The resulting total hours required are then broken down for individual machines or work centers using the historical percentage of total time accounted for by each opeartion.
CPOF only requires information about total standard hours (either labor or machine hours) per unit of each product and the historical percentage of those hours by operation. Such information is often available as accounting data. Because the CPOF method does not account for leadtime offset, it can be quite inaccurate if product mixes change frequently. However CPOF can provide good capacity estimates when the production plan and product mix remain fairly constant.
(Paul M. Swamidass, Encyclopedia of Production and Manufacturing Manangement, pg:78-81)

Chromadizing (20:26 10.4.2011)
Improving paint adhesion an aluminum or aluminum alloys, mainly aircraft skins, by treament with a solution of chromic acid. Also called chromodizing or chromatizing.
(Pierre R. Roberge, Handbook of Corrosion Engineering, pg:958)

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