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Project Management: Simulation

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A. Using the link provided on the page, access and complete the Achieving Project Goals simulation.
b. Prepare a paper in which you address the following items from the simulation:
1) How did completing this simulation change your perspective of project management? Provide examples in your response.
2) What advantages and limitations of project management were identified in the simulation?
3) How do you anticipate bottlenecks when planning for a project?
4) If you are required to crunch the project, which factor would you compromise on, risk or time? Explain your answer.
5) List four key points from the reading assignments that were emphasized in the simulation.

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The response addresses the queries posted in 1138 words with references.

//Before scripting about the perspective of project management, it is important to understand the simulation problem and the project involved in the problem. The simulation problem is concerned with the organization named 'Huduma Foundation'. The analysis of the problem will be helpful in understanding the implementation of the project management tools. So, first of all, we will discuss about the simulation problem and the project involved under the heading of Introduction, for example://

Introduction

The given simulation problem is about an organization named Huduma Foundation. The organization works on the project of rescue and rehabilitation of wild animals from densely populated areas to sparsely populated areas. The given simulation is based on a project "Operation Elephant Ark" to rehabilitate eight elephants from the Zakinaka National Park to Ungabo National Park (University of Phoenix).

//After analyzing the simulation problem and the project involved in the problem, we will focus on the perspective of project management in the simulation problem. Along with this, we will also know the various aspects of the project management. The concept of work break down structure associated with the project involved in the problem will be further understood. //

Perspective of Project Management

The perspective of project management is that the project is a single-shot set of activities having a definite beginning and ending point. Project Management states that each project has a terminal point and should be completed in the given time limit. Under project management, the Work Breakdown Structure is defined as a hierarchy of systems. The WBS breaks the project into a logical series of smaller tasks, so that it can be subjected to efficient planning and execution (Knutson, & Bitz, 1991).

After analyzing the given simulation, many different aspects are found about the perspective of the project management. The first one is that, it is possible for a project to have a definite beginning point but not possible to have a definite ending point. For example, in the given simulation, the project of rehabilitation of elephants has many sudden risks which can make the project delay on various occasions. Due to this, the project would ultimately have no fix ending point.

Except this, the Work Break Down structure ...

Solution Summary

The response addresses the queries posted in 1138 Words, APA References.

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Project Management, Queuing, and Simulation

1. The use of simulation to examine corporate operations (industrial dynamics), national economies
(econometric models), and urban governments is known as
A. Monte Carlo Methods
B. Operational Gaming
C. System Simulation
D. Queuing Methods

2. PERT
A. Is a network technique that uses three time estimates for each activity
B. Assumes we do not know ahead of time what activities must be completed
C. Allows computation of the program's evaluation
D. Is a deterministic network technique that allows for project crashing

3. The following is NOT a characteristic of Monte Carol simulation:
A. It uses random numbers
B. It uses random sampling of a probabilitiy distribution
C. It deals with the dynamics of large organitional systems
D. It evaluates system reponses to various policies

4. In queuing problems, the size of the calling population is important because
A. We have models only for problems with infinite calling populations
B. We have models only for problems with finite calling populations
C. The size of the calling population determines whether or not the arrival of one
customer influences the probability of arrival of the next customer
D. We will have to consider the amount of space available for the queue

5. Which of the following is NOT true about arrivals?
A. Arrivals that are independent of each other are random
B. Random arrivals cannot be predicted exactly
C. The Poisson distribution is often used to represent arrival pattern
D. The exponential distribution is often used to represent arrival patterns

6. On a PERT network, the earliest (activity) start time is the
A. Earliest time activity can be finished without delaying the entire project
B. Latest time an activity can be started without delaying the entire project
C. Earliest time an activity can start without violation of precedence requirements
D. Latest time an activity can be finished without delaying the entire project

7. In assigning random numbers in a Monte Carlo simulation,
A. It is important to use a normal distribution for all variables simulated
B. It is important to develop a cumulative probability distribution
C. It is not important to assign probabilities to an exact range of random number
intervals
D. It is important to ensure all variables are positive

8. The most appropriate cost to consider in making a waiting line decision is the
A. Expected service cost
B. Expected waiting cost
C. Total expected cost
D. Expected balking cost

This must be simulation.
9. Solution can be effectively used in problems of all theses types EXCEPT:
A. Inventory problems
B. Transportation problems
C. Maintenance policy problems
D. Poorlly defined problems

10. The use of simulation in competitive situations such as military games and business games
is known as
A. Monte Carlo methods
B. Operational gaming
C. System simulation
D. Queuing methods

11. The following is NOT an advantage of simulation:
A. IT allows for the study of what-if questions
B. Each simulation model is unique
C. It allows the study of interaction of components or variables to determine which
are important
D. It allows time compression

12. Arriving at a convention, a person must first line up to register at a table, then proceed to a
table to gather information, then pay at another single table. This is an example of a
A. Single-channel, multiphase system
B. Single-channel, single-phase system
C. Multichannel, multiphase system
D. Multichannel, single-phase system

13. Slack time in a network is the
A. Time consuming job or task that is a key subpart of the total project
B. Shortest amount of time that could be required to complete the activity
C. Amount of time you would expect it would take to complete the activity
D. Amount of time an activity can be delayed without delaying the entire project

14. CPM
A. Is a network technique that allows three time estimates for each activity
B. Is a deterministic network technique that allows for project crashing
C. Assumes we do not know ahead of time what actvities must be completed
D. Is opposite to that of PERT, as it does not consider the network activities

15. An arrival in a queue that reneges is one who
A. After joining the queue, becaomes impatient and leaves
B. Refuses to join the queue because it is too long
C. Goes through the queue, but never returns
D. Jumps from one queue to another, trying to get through as quickly as possible

16. The expected time in PERT is
A. A weighted average of the most optimistic time, most pessimistic time, and four
times the most likely time
B. A simple average of the most optimistic, most likely, and most pessimistic times
C. The modal time of a beta distribution
D. The square root of the sume of the variance of the actvities on the critical path

17. Given the following small project, the critical path is _____________ days. Activity Immediate Time
A. 10 Predecessor (days)
B. 14 A - 10
C. 16 B - 4
D. 20 C A, B 6

18. Assume that we are using a waiting line model to analyze the number of service technicians
required to maintain machines in a factory. Our goal should be to
A. Minimize the total cost (cost of maintenance plus cost of downtime)
B. Maximize productivity of the technicians
C. Minimize the downtime for individual machines
D. Minimize the percent of idle time of the technicians

19. The critical path of a network is the
A. Shortest time path through the network
B. Path with the fewest activities
C. Path with the most activities
D. Longest time path through the network

20. A vendor selling newspapers on a street corner is an example of a
A. Single-channel, multiphase system
B. Single-channel, single-phase system
C. Multichannel, multiphase system
D. Multichannel, single-phase system

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