1. (TCO B) Describe what each of the following means in project planning: what, how, who, how long, and how much. (Points : 10)
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Question 2. 2. (TCO E)
Part 1: Discuss some types of conflict that might arise during a project. (15 points)
Part 2: Describe two examples that have these types of conflict. (15 points) (Points : 30)
Question 3. 3. (TCO C) A project to remodel an office area has the following activities. (Hint: You will need to build an AIB/AON diagram, perform a forward pass, and perform a backward pass to answer this question.)
a) What are the critical path activities? (5 points)
b) What is the project’s scheduled completion time? (5 points)
c) What is the slack or float for Activity A? Show your calculations. (5 points)
d) What is the slack or float for Activity E? Show your calculations. (5 points)
e) What is the slack or float for Activity F? Show your calculations. (5 points)
f) What is the slack or float for Activity G? Show your calculations. (5 points) (Points : 30)
Question 4. 4. (TCO A)
Part 1: Compare and contrast the responsibilities of a functional manager and a project manager in a strong matrix-type organization. (10 points)
Part 2: A company manufactures furniture. Which of the five organization structures is most suitable? Why? (10 points)
Part 3: An organization builds large custom houses for urban-renewal areas. These projects are very involved projects. Which of the five organization structures is most suitable? Why? (10 points) (Points : 30)
Question 5. 5. (TCO D) A firm hosts e-commerce transactions for other companies. The firm processes credit purchases supporting most major credit cards and is known as an inexpensive alternative to larger competitors. The firm is deploying new security software that is state of the art for e-commerce. It should increase security while speeding up transactions because of the new security algorithms.
Part 1: List and discuss the six steps in risk management for the new e-commerce project. (15 points)
Part 2: Describe a positive and negative risk event, the related consequences, and the risk response plans for the e-commerce project. (15 points) (Points : 30)
Question 6. 6. (TCO F) Analyze and compare the performance of the following two projects in terms of cost, schedule, and efficiency. Make sure to show your calculations and analyze and explain the results. (Note: Providing just numbers will earn you only partial credit.)
Project A: The EV is $48,000, and the actual cost is $52,000. The PV is $54,000. (15 points)
Project B: The EVis $108,000, and the actual cost is $200,000. The PV is $232,000. (15 points)
(Points : 30)
Question 7. 7. (TCO B) Speedy Computer, Inc. (SCI) is going to introduce its first laptop computer. Although SCI recognizes that it is a late entry into the market, it believes that there is room for an inexpensive product at the low end of the market. Its design process will start with a conceptual design performed concurrently with the disassembly and analysis of a select group of the competitor’s products. The best components consistent with the conceptual design will then be used as the basis for the working design. A prototype will then be developed, with a focus on using components that are readily available in the marketplace. The prototype will be tested for technical performance and ease of use, and a cost estimate will be prepared to determine whether the product can be profitably manufactured.
If the prototype shows promise, work will begin on a marketing program and operations services, which include the development of user manuals and service programs.
Manufacturing will be performed by subcontractors to the greatest extent possible to reduce risk. Final assembly and testing will be performed at SCI’s existing facilities.
Prepare a work breakdown structure (WBS) for this project with activities corresponding to a two-level task and subtask hierarchy. Number the WBS codes so that the level of each activity is clearly identified. Do not worry about indentation. (Points : 30)
Question 8. 8. (TCO B) You are a project manager at a bike shop. You just received a shipment of new bikes that need to be assembled. The frames need to be set, which includes the bike frame, handlebars, and seat. The wheels need to be mounted. The braking system needs to be installed. Before the bike can be sold, it needs to be tested by the quality team and road tested. You have assembled your team of experts, and they are anxious to get started.
a) To ensure you have a clear scope for your team, create a two-level WBS. Don’t forget to include your WBS numbering. (20 points)
b) In your WBS, how many work packages have been created? (10 points) (Points : 25)