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Essay / Research Paper Abstract
This 9 page paper is a book review of the entitled book. The essay discusses the story line and the major concepts included in the text. Bibliography lists 1 source.
Page Count:
9 pages (~225 words per page)
File: MM12_PGcrtcn.rtf
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Unformatted sample text from the term paper:
in a product on time and on budget. A theme that runs through the stories is the application of the Theory of Constraints to project management. Each of the plots
is like a project gone bad; it is either over-budget or over-time. For instance, this is the professors second attempt at gaining tenure, he already wasted five years at another
university in the pursuit of this goal. He failed because he was not a team player. The head of the business school did not recognize the problem soon enough, which
means time and money have been wasted. The vice-president was handed the problem when the president realized they had to shorten the length of time to get a product to
market. A sub-goal of this book is that business schools need to change because they are not turning out businesspersons who are ready to perform in a world that changes
constantly. The discussion between B.J. and Chris. B.J. uses the analogy of agricultural schools that continued to grow annually until all of a sudden there was not as much need
for agricultural majors. The institutions were still left with the upkeep of the buildings and grounds, expenses that were not recouped. The point in this dialog is that the Masters
in Business Administration (MBA) is no longer as important in the business community as it once was. Higher education must change to meet the needs in the global market. The
book points out the errors made in project time estimates. This is the first point the book makes. The estimates are always wrong. Each step in the project duration is
determined by the persons who will be responsible for that step. These time estimates, in other words, are calculated based on components rather than on the global view of the
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