The initial monthly cash flow charts set aside one million for contingencies: one million in each of the first and last months, with an intervening ten months at $1.4 million (Wideman, 1993, Planning). The project should have been carefully guarded Continue Reading...
Woody's Project Management:
The Custom Woodworking Company is relatively a medium sized cabinet and furniture making firm whose headquarters are at Industrial Estates, BC. The founder began the company in 1954 following his apprenticeship as a cabin Continue Reading...
Woody 2000
The project proposed herein involves identifying optimal approaches to the expansion of the existing workspace and installation of a production train for The Custom Woodworking Company (hereinafter alternatively "Woody's" or "the company" Continue Reading...
d.)
Cashman kept his cash flow chart a secret. Why, and what would you have done?
The reason that Cashman gave for keeping his information locked away was: because all of the expenses were accounted for on a real time basis. This meant that any kin Continue Reading...
For example, the company did create a monthly cash flow chart for the modernization project. However, this flow chart was not regularly re-evaluated over the course of the project on a regular and timely basis, once delays became a problem. There wa Continue Reading...