Partial II Reflection

--Originally published at Project Evaluation and Management

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In this part I have learned a lot about how to undertake and how to be a good project manager. Thanks to the talks that the guests to the class have given us, there are many very important points that must be taken into account.

Entrepreneurship is not easy, as the Mexican saying goes “they are not enchiladas”. Everything takes time and you have to know that you are probably not the only one doing that, you have to know your client very well, know their needs and if your product will satisfy those needs. If there is already a product that is the same as yours, to think that it makes yours different from others, this is very complex, but you need to know the idea well and have it in a good base. As an entrepreneur you must know that it is difficult the first years and that you will not see much money, little by little you will grow and of course you will also begin to see the money back, since at the beginning you have to invest in the idea, human capital and In material to be able to carry out the idea, all that is not easy, you have to look for investors and of course not only look for any investor but rather someone who can guide you along the way. We who are young can create and undo ideas, as one guest said, being able to fail is not bad, you fail, those failures will help you to be better and to find your deficiencies and to be able to improve what we lack. It is important to recognize where we are wrong, because if we do not recognize our mistakes, we will always think that

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Guest Speaker Reflection – Jorge Morales

--Originally published at Project Evaluation and Management

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The video game industry is very large, but analyzing all aspects of video games is better, because many would think that it is only designing, programming and having the idea, if not also has to do with the costs of the final product. video games are not only for one platform, many times they are for several and depending on the aspects that that platform contains, it is not the same to make a video game for a PC, console or smartphone.

He mentions a smartphone game called clash of clans, I played it when I was at the end of high school, when I entered university I stopped playing it and to this day I still do not play it, but I saw that many people bought gems in the game to be able to Make improvements, especially the pro players were the ones who spent the most money to be in the first places. I remember the game was down but people are still playing.

Now to make a game you have to think about whether you will take it to mobile development or consoles, since depending on where you want to focus it you have to have several tools and above all have a great team today to be able to carry out the entire project, you have to have from programmers, animators, lawyers, sound people, marketing, etc. It is not just saying I want to do this but being able to say now we are going this way, or you have to change this to get attention and keep the game alive. Because if not the games can die in a short time if you do not have a good strategy to keep monetizing it for many years.

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Partial Reflection

--Originally published at Project Evaluation and Management

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Guest speakers

Our guests have helped us understand a little more about the different topics in the class, complemented by those we read in the novel about software manager. The guests are prepared and guide us towards the topics, since many times we can read things or watch a video to be able to know about it, but nothing better than someone who handles the topic and can give us examples to imagine situations.

For example, our first guest who explained us about personal finances, is something very important because you must know how to manage our money and know how to make it grow too. This topic for me was very important because it made me think about what I was doing for my future investment and even though I don’t have a job, the money that sometimes I have left over from what my parents give me, because I save it. But after this talk I realized that if it was the right thing to save it but in the future that money would not have the same value, this is why it had to be invested in order to grow and not stay the same. I talk about how we should manage our salaries to have money for our retirement, since it is important to raise money for the retirement, also of the different investments that we could make and especially the compound interest that is calculated on the main amount and also on the accumulated interest of previous periods.

Within the first talk we touched on economics, it was not software economics but they are related to the fact that the same definitions are used, this talk and the definitions of economics would have served me well for my kind

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Chapter 11 reflection

--Originally published at Project Evaluation and Management

Chapter 11: The Sinister Minister Belok

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On a cool spring morning in Moravia. Mr. T on his way to work, the morning is perfect to enjoy and breathe the freshness of a new day as he walks to Aidrivoli Campus. The path where he walks is beautiful because it crossesy the vineyards and along the side of a little brook. Although you think that he only walked from A to B every day, but in Morovia this can be completely different since you can see many more things than we could find in any city. Mr. T has been for more than 3 months in Morovia and did not remember what it is to have such a happy day in his life, only in Morovia has he achieved this.

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To many of us it happens that sometimes we do not appreciate the paths that lead us to work, or to school and when we really stay to observe those paths we realize things as simple as colors or people who could be there every day. or some particularity of some facade. Normally we are always thinking about whether we will be on time, where we will find parking or anything else.

Mr. T was optimistic about some of the smaller projects that might be complete by then, however a project like PShop that is one of the biggest might come a year later than planned. in that project at least, was to figure out some way to gain a full year. For now, he could relax and feel good about all the things that were going right. NNL seemed like a pretty sensible fellow once Mr. T had taken a firm stand and laid down the law to him.

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Listen. CBC Spark #469: “Remote”

--Originally published at Project Evaluation and Management

The activity for this week is to listen to this podcast episode. CBC Spark is a great podcast which relates to me more as being a Canadian podcast from CBC Radio.

Link to that episode: https://www.cbc.ca/radio/spark/working-from-home-trust-is-key-says-ceo-of-company-with-completely-remote-workforce-1.5504872 (Enlaces a un sitio externo.)

Opinion:

Working from home can be a double-edged knife, because I think this because it can happen that you you trust yourself how comfortable it is to be at home and you cannot manage in your time to do your activities. In order to organize yourself well, I think that you have to continue your daily life as before, even if you no longer go out, you have to continue with your common activities.

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Something very important to be able to work at home is to have a good internet connection, since this is essential, due to different things, in order to take the classes, as is my case, I have to be zoomed in to see my teachers as If the class was normal, I also have to have a browser open to carry out the activities or upload them. The point is that in your house your relatives may also make a home office or they may only be Netflix or YouTube who are applications that demand enough broadband it is difficult to work like this.

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It happens to me that sometimes the internet connection is blocked by the use I am giving it and because the other people in the house use it, but I feel that if everyone agrees on what times not to use certain applications it works Well because that way the connection is not lost much.

Also an important point is to have your work area organized since

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Chapter 10 reflection

--Originally published at Project Evaluation and Management

Chapter 10: Abdul Jamid

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Mr. T traveled to Rome to be able to check some accounts and be able to update them, he had to change from a previous account and travel to a newer one to be able to put the funds that they would give him for the projects, he had requested the new passwords and they were given them They sent by fax, they told him that once he had them, he would change them and that he did not keep them on his laptop, only in his mind, in case his laptop was stolen, they did not have access to their accounts.

Mr. T is on the way to his hotel with Dr. Jamid, who introduced him and they started talking about management dynamics, he is overwhelmed by all the information he sees about management dynamics. Mr. Tompkins was still not convinced about this to what he said. “The simulator calculates the aggregate, that’s what you’re saying. Big deal. Since the input to the simulator only specified my hunches anyway, how can the simulation prediction of their aggregate effect be better than my hunch over the added door? “

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Dr. Jamid began drawing a model on the screen. Use a rectangular tank to represent your usable staff. The higher the level, the more people they will have. We will set its initial value up to one hundred. That is already a model, but it is not very dynamic, since there are no flows of people leaving the project or new hires. If we find the simulator, we find that the personal level remains constant throughout the time of a hundred.

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Chapters 8 & 9 reflection

--Originally published at Project Evaluation and Management

Chapter 8: The Eminent Dr. Rizzoli

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In this chapter we see that our main characters are worried about not knowing how to handle the experiment, because it is the first time something like this has been done. They begin to talk and conclude that this is serious work for a consultant. They think that the only person who can solve this is Dr. Hector Rizzoli.

He ran a kind of software engineering laboratory for some U.S. Government agency. they say “I see what you mean. He could be a most usehl consultant for us. As soon as we began talking about running a set of experiments, our Project Management Laboratory, I should have asked you to contact Dr. Rizzoli. I wonder when we could get him here?”

They began to say that he arrives the next day in the afternoon. Mr. T, I suspect that he had kidnapped him by force, but apparently he was not going to visit them on his own feet. But it’s almost a kidnapping because our consultant goes to Latvia and has a stopover in Morovia, but since I came from India he could have some jetlag and be confused.

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Mr. T and his colleague waited for Dr. Rizzoli, as he was confused he did not know or where he believed he was in Latvia, but Mr. T and his colleague made him dizzy a little with talk so he would not suspect anything. They talked to him about the experiments and he still didn’t realize what was happening. He gave a talk which made him feel satisfied. Then after a few days he began to talk about the experiments that were taking place, this table describes how

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Chapters 6 & 7 reflection

--Originally published at Project Evaluation and Management

Chapter 6: The World’s Greatest Project Manager

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In this chapter we see that they have to have a good administration to be able to handle all the personnel they need, and there is also talk about Structural Cybernetic Management, is the concrete application of natural cybernetic laws to all types of organizations and institutions created by human beings and to interactions with and within them.

It is very important to know how to manage your staff, because he had two thounsen people and had to do 6 projects, but he also had to choose which ones were the best to be a project manager. If we do not know how to handle our staff we can have many delays in many things, so the importance in the previous chapters of how to choose the right people.

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The essential parts of the manager’s body. “Management involves heart, intestine, soul and nose. guide with the heart. So trust your instinct (trust your hunches), build soul in the organization and develop a bullshit nose.”

He is right, because you have to get completely involved, you have to guide yourself with what you think is right, follow your instinct even though others tell you no, have your organization’s shirt on, identify with it and be able to reject or accept things when you’re doing right or wrong.

Chapter 7: Taking on staff

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In this chapter he begins with Belinda, Webster and Mr. T, doing interviews for project manager, as in the previous chapter they were in the search for 8 project manager. The first interview they had was a complete failure, since the interviewee was talking about a movie saying

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Chapters 3, 4 & 5 reflection

--Originally published at Project Evaluation and Management

Chapter 3

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This chapter goes more about the work that was offered, where Morovia is, because it leaves you with the doubt of where this socialist country, that is located in the south of Italy. There is also talk of the contract that is being offered to Mr. T, which is a two-year contract and payments are ready to be delivered if he accepts. This contract specifies things that you have to do in your work. in other words are your terms and conditions that you have to complete.

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He begins to see that they have good engineers and are well trained and it seems all excellent, because he believed that they did not have the engineers for this project. but what they explain to him is that morovia has a good education. Despite being a third-world post-Communist country, their people have many skills. to which they answer “The Communist world did some things badly and some things well. What it did badly was to make the centrally planned markets work so goods and services could find their way to where they were needed. What it did well was education”. English-language skills are important so everyone knows how to write, read and speak in English.

With this they want to show that their engineers with the ability to develop the 6 projects they have for these two years. What they really want to do for projects is to experience how their workers would behave under certain circumstances. This puts him in doubt as to how he will solve all this, since he will not need everyone. for this they tell him that “You have got all of

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Economics of Software Engineering

--Originally published at Project Evaluation and Management

Economic Engineering

Engineering economics is the application of economic techniques to the evaluation of design and engineering alternatives. The role of engineering economics is to assess the appropriateness of a given project, estimate its value, and justify it from an engineering standpoint.

Engineering Economy involves formulating, estimating, and evaluating the economic outcomes when alternatives to accomplish a defined purpose are available.

Engineering economics quantifies the benefits and costs associating with engineering projects to determine if they save enough money to warrant their capital investments.

General concepts

Efficiency: Efficiency of a system is generally defined as the ratio of its output to input. The efficiency can be classified into technical efficiency and economic efficiency.

Technical efficiency: It is the ratio of the output to input of a physical system. The physical system may be a diesel engine, a machine working in a shop floor, a furnace, etc. (Technical efficiency (%) =  Output/ Input × 100)

Economic efficiency: Economic efficiency is the ratio of output to input of a business system. (Economic efficiency (%) = Output/Input  × 100 = Worth/Cost × 100)

Interest: Money paid for the use of money

Investment: Is an asset or item acquired with the goal of generating income or appreciation. (Interest = Current Value – Original Amount)

Loan: Is money, property, or other material goods given to another party in exchange for future repayment of the loan value or principal amount, along with interest or finance charges. (Interest = Current Total Owed – Original Amount)

Interest Rate: Interest paid per unit time. (Interest Rate = Interest paid per unit time / Original Amount)

Rate of Return (ROR): Interest accumulated per unit time. (ROR = Interest accumulated per unit time / Original Amount)

Time Value of Money (TVM): Is the money available

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