1. A project had a budget of $750,000 and was completed on time. The project expenses, however, were 15 percent more than what the project called for. What is the variance at completion for this project? A. Impossible to know-not enough information B. $112,500 C. $637,500 D. $750,000 2. Linda is a project manager for a
The data for a Time-Cost CPM Scheduling model analysis are given below. The times are in days. What is the minimum cost to complete this project in 14 days? (Hint: This problem requires crashing). Activity Immediate Predecessor Normal Time Crash Time Normal Cost Crash cost A None
Suppose the length of critical path in a project is 50 days. The probability of completing the project within 50 days is: Less than 50% Greater than 50% Equal to 50% Can not be determined from the above data
Please help me to solve the following problem: You are working on a project that has 12 activities. You determine that the critical path consists of only five activities. You then compute the variances for the five critical path activities and these variances are 3, 4, 2, 1, and 6 days. The desired completion date for the pro
Envision a new information system for some business function for Stratasys. Compare and contrast at least 2 project management models for assessing the business value of this envisioned information system.
What are methods of knowing if you are making good decisions? What assumptions are used in management? See attachment. You have just been promoted from front-line supervisor to be one of the firm's senior managers. During your business education, you learned that the primary role of a manager is to make good decisions. As
Project Scope 1. Project deliverables and work required 2. Description of product (or service) 3. Project exclusions or constraints Discuss how the scope of the project will be approved and how changes to the scope will be documented, reviewed, and approved.
I need help on part 3 of this. Identify the Project Sponsor (we are allowed to use anyone, even make up a name) & Customer. Write 600-750 words about your section out of this project plan. Discuss and come to a consensus on the scope of the project, including the major deliverables and the items that are not part of the
Describe the concept of the change management process within a project. Provide two specific reasons why having a structured change management process will improve the chances of success for a project.
Discuss what stage of development is the most critical for high performance and project success. Use specific concepts and ideas.
Create a closeout checklist for a project including details on what steps you need to take to close the project and your communication methods in doing so. In addition, include what, if anything, could have been done differently to improve the project's performance.
What are the four most important characteristics of high-performaning teams for project? Why are each so critical? How are they related to each other? Give at least to examples from each characteristics. Explain how outsources help or hinder the project. Would you use outsources again? Why or why not?
A common assumption following the completion of a project would be that the sun would rise the next day. Suppose for a moment the sun did not rise. The severity of this risk would threaten not only the completion of this project but most other projects. In other words, the risk posed by the sun not rising is extremely high; howe
What types of project staffing skills have been identified as important for successful IT project managers? 100 words or more.
I need calculate the true status of a project on tasks a and b. Information that is presented is: Budgeted Work/Cost (PV) Actual Cost to date (AC) % work completed Estimate to complete Planned start & end dates - Start is Jan. 1, End is April 30 Actual start date - Feb. 1 Projected end date Planned Resources Utilized
At times, a project manager must evaluate proposals from identified vendors and make decisions based on the project budget and schedule. It is essential to determine how the organization will determine the best response to the proposal's individual vendors? IRTC has asked you to evaluate the customer service add-on the vendor
This solution is over 250 words and includes a reference on why a project charter is so vital to the project manager. The main function of a charter is to define the project's goal. It is truly the Who, What, When, Where, Why and How the entire project will be completed. Without a charter, the project manager could waste valuabl
As a project manager, discuss the cost and time methods you would chose to work with and why you believe these are the best. What methods would you not want to work with and why? Choose one of your least favorite methods, and discuss how you would manage a project if you were forced to use this method. 500 words.
Describe the role "corporate culture" plays in the success or failure of a project. Use specific examples to support your answer.
Persuasive Memo: Starting a Company Citizenship Project Congratulations! You've recently been hired as a Public Relations Assistant! After having worked at your new job for several weeks, you've discovered a lack of corporate giving, community involvement and environmental awareness. Seeing a wonderful opportunity to promote
Your manager needs your assistance on a major project. He has asked you to set up a plan to keep him informed on the status of the project. How would you proceed? What tools would you use? When was a time that a situation like this was handled successfully.
Change continually happens during a project as you learn more information and make adjustments. Some changes have small impacts and can be easily worked around without much effort. However, what happens when the proposed change affects the project's scope? Discuss change requests and what kinds of questions you would have for th
When managing project trade-offs it is important to understand the root cause of the conflict and why the need for trade-offs exists. Project managers must carefully evaluate information about the problems that are occurring during a project. Things are often more complicated than the situation first appears. When trying to gath
Given Toyota's quality problems in 2010, do you think Toyota's current strategic direction is aligned with the needs of their stakeholders? Please explain your reasoning.
List three important items that belong within a project management plan, and the importance of breaking the project into phases. Please comment on the importance of obtaining sponsorship approval when concluding each phase of the project.
Describe the importance of a project charter to the project manager. How does a strong project sponsor and clear project scope apply to the overall success of a project? Please provide a comprehensive answer using your reading, knowledge and experience.
What motivations typically cause firms to initiate a facility location or relocation project? (Answer provided in approximately 100 words.)
For the case below, prepare a report indicating the entry process, explain how you would enter the organization as an Organizational Development Consultant, and identify the contact person within the selected organization. OD Intervention Strategies: The Case of an Educational Institution Assumption about the hypothetical
The following activities are part of a project to be scheduled using CPM: Activity Intermediate Predecessor Time (WEEKS) A 6 B A 3 C A
Effort involved in a project and the importance of including an accurate not overestimation of both efforts as well as cut and dry expenses.
Costs such as salaries and equipment rental are a more cut and dry expenses to estimate than the cost of effort. Describe how to estimate effort. Discuss why it is so important to estimate projects correctly, and why overestimating projects can be just as detrimental as underestimating them.