By 2016, Puerto Rico’s population had declined by more than 10%, one of the largest population declines from a US state, territory, or municipality in the last 100 years.įurther complicating matters, Puerto Rico lacked a comprehensive legal framework to restructure its debts and bind dissenting parties if a payment default occurred. The fiscal distress also sparked the largest wave of outmigration in Puerto Rico’s history, as residents fled the island in search of better opportunities. The limited cash on hand also created a crisis that caused the government to freeze public employee wages, raise taxes, underfund the retirement systems, cut supplies and other provisions to schools and hospitals, and defer maintenance on energy and water systems. By 2017, government cash holdings declined to as little as US$15 million for an island with a US$28 billion consolidated budget and 3.3 million residents. Persistent deficits and unsustainable borrowing left Puerto Rico’s government without sufficient funds to pay its debts, honor its pension obligations to public workers, and adequately fund crucial public services. The government was inefficient, and it was just clear that everybody, across the board, had to sacrifice to get things back on track.”īy the time the Commonwealth of Puerto Rico filed for bankruptcy in 2017, the island was struggling under a complex web of US$70 billion in debt issued by more than a dozen government entities and had virtually no money set aside to fund its US$55 billion pension liability.Ī combination of complex factors over many decades - changes to the federal tax code, international trade agreements, the global financial crisis, and the loss of Puerto Rico’s financial competitiveness in critical sectors - diminished the island’s prospects for economic growth and led to structural shortfalls that evolved into a fiscal and economic crisis. We also provide all answer keys and supporting PowerPoint slides for academic instructors upon request.“It was clear that Puerto Rico was in deep financial distress,” says David Skeel, Chairman of the Oversight Board appointed to help the Commonwealth get back on track. Each chapter has a learning-oriented structure with objectives at the beginning and 25-50 questions at the end that reinforce those points of emphasis. There is a robust index as well as intuitively organized and clearly delineated sections, chapters, and sub-sections for easy reference. Included with the book are hands-on exercises with step-by-step illustrations built from actual Microsoft Project files that can be downloaded from our training webpage. The information in this book was selected based on Project Assistants’ 25 years of project management consulting, Microsoft Project training, and managing real-world projects with Microsoft Project.This text is carefully designed to serve as a training guide, textbook, and/or reference guide.
Sg project pro vs microsoft project how to#
The goal of this book is to show why those features and functions are important from a project management standpoint (based on PMI’s Project Management Body of Knowledge), and then demonstrate how to effectively leverage that value through the use of Microsoft Project 2019.This is the third edition of a text that has been well-received by the project management community across 25 different countries since the release of Project 2013.
Sg project pro vs microsoft project manuals#
Project Management Using Microsoft Project is an all-in-one training guide, textbook, and reference that covers each product of the Microsoft Project 2019 suite.Many training guides on technology are primarily manuals on features and functions of the software.
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