Consider a medium-sized company that has decided to begin using project management in a wide variety of its operations. As part of their operational shift, they are going to adopt a project management office somewhere within the organization. Make an argument for the type of PMO it should adopt (weather station, control tower, or resource pool). What are some of the key decision criteria that will help it determine which model makes most sense

ANSWER:

The company's PMO should adopt resource pool model, because this model will make the project managers to participate in every aspect of the company's project, as one project manager will be involved in one or more operation. Since the company wants to use project management in a wide varieties of it's operations, and not only to determine it's operational shifts.

EXPLANATION:

Project management office are those central office in an organization, that helps to uphold the organizations standard, practice, culture, and procedures, when executing a project.

If the PMO should adopt weather station model, that means it will only forecast the outcome of any decisions the company makes on the project. And this is not the best approach to the company's need at the moment. The company need to improve on it's performance and not forecasting the outcome of it's operations.

If the PMO should adopt control tower, that means the office will only direct and guild the workers on how best to execute their task in accordance with the company's standard. This model will not allow the project managers to involve in the operations of the company. This will not be a good help to the company because the project managers will only teach and guild the staffs on how best to execute the job, but will not be available to work in hands with them during the job task. These can reduce the efficiency of the project.

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.