ISSN 1842-4562
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Journal Home > Volume 2, Issue 3 - September 30, 2007

JAQM Volume 2, Issue 3 - September 30, 2007

Projects and Programs Evaluation. Risks, resources, activities, portfolio and project management.



Contents


Modeling the Effects of Early Childhood Intervention Variables on Parent and Family Well-Being (p 268)
Carl J. DUNST, Deborah W. HAMBY , Jeffri BROOKFIELD

Structural equation modeling was used to evaluate the effects of family, child, and both early childhood intervention process and structural variables on parent and family well-being in a sample of 250 parents involved in birth to age three early childhood intervention programs. Family SES and income had direct positive effects, family-centered early intervention practices had direct and indirect positive effects, perceived program control appraisals had direct and indirect positive effects, and early intervention program service intensity had direct negative effects on either or both self-efficacy beliefs and parent and family well-being. Findings are discussed in terms of the benefits and limitations of different features of early childhood intervention and the use of SEM for program evaluation.

Web Site Projects Evaluation – A Case Study of Romanian Faculties of Economics Web Sites (p 289)
Sidonia Otilia VULTUR, Delia Adriana MARINCAS

In this paper, an evaluation of web sites regarded like projects is discussed. We give an overview of the Web Assessment Index (WAI), by presenting a web sites of Romanian Faculties of Economics case study. The WAI contains five categories: accessibility, access speed, navigability, content and reliability. We analyzed and presented a detailed report of the results coming out from this study. This study is important to understand the issues on which the faculties web sites are confronting.

IT Project Metrics (p 302)
Ion IVAN, Adrian VISOIU, Dragos PALAGHITA

The objectives of IT projects are presented. The quality requirements that these projects must fulfill are established. Quality and evaluation indicators for running IT projects are built and verified. Project quality characteristics are presented and discussed. Model refinement for IT project metrics is treated and a software structure is proposed. For an IT project which is designed for software development, quality evaluation and project implementation mode metrics are used.

Control of Projects - A Cybernetic Control (p 320)
Elena DOBRE

Control is the last element in the implementation cycle planning-monitoring-controlling. Information is collected about system performance, compared with the desired (or planned) level, and action taken if actual and desired performance differ enough that the controller (manager) wishes to decrease the difference. Note that reporting performance, comparing the differences between desired and actual performance levels, and accounting for why such differences exist are all parts of the control process. In essence control is the act of reducing the difference between plan and reality. Control is focused of the three elements of project-performance, cost and time. The project manager is constantly concerned with these three aspects of the project. Is the project delivering what it promised to deliver or more? Is it making delivery at or below the promised cost? Is it making delivery at or before the promised time? It is strangely easy to lose sight of these fundamental targets, especially in large projects with a wealth of detail and a great number of subprojects. Large projects develop their own momentum and tend to get out of hand, going their own way independent of the wishes of the project manager and the intent of the proposal.

The Elasticity of the Price of a Stock and its Beta (p 327)
Cyriac ANTONY, E. S. JEEVANAND

Systematic risk in an investment in a security is measured by the security’s beta. The beta of a stock is considered as a very important parameter in asset pricing. It is used to estimate the expected return of a stock with respect to its market return. Beta is estimated by the regression method. In this paper, we consider some problems associated with the concept of beta and its estimation. We also advocate for the use of elasticity as an alternative to beta.

Some Aspects on Solving a Linear Fractional Transportation Problem (p 336)
Dorina MOANTA

This paper presents the three-dimensional transportation problem, a double sum model in which the objective function is the ratio of two positive linear functions. This paper objective is to present how to obtain optimum with simplex method. To illustrate the procedure, a numerical example is given.

The Weighted Possibilistic Mean Variance and Covariance of Fuzzy Numbers (p 342)
Supian SUDRADJAT

In the context of Markowitz portfolio selection problem (Markowitz,1959), this paper develops a “weighted” possibilistic mean-variance and covariance portfolio selection model. In the process of selecting a portfolio, this work is concerned with the choice of the portfolio (Markowitz,1952).

Territorial Development and Networking in the European Union and Romania: The Partnership Significance (p 350)
Luiza N. RADU Daniela Luminita CONSTANTIN

In a complex and interdependent world, many of the problems to be solved - from reduction of unemployment and social exclusion to improving the economic competitiveness – the spatial, territorial dimension becomes more and more important. It has become the third dimension of the European Union cohesion policy, added to the economic and social ones. The territorial delineation of the economic issues leans toward an approach that reflects the necessity of involvement of all decisional levels and economic actors, both for identifying the problems and for implementing the optimal solutions. Starting from these overall considerations this paper explores the significance of the partnership setting up and development for the creation of sustainable territorial networks, able to support the implementation of regional policy in Romania, considering the overall European context.