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business
management leadership

Questions and Answers of Management Leadership

What organizational structure would you recommend HardTech use to complete the three initiatives outlined? Why?
How do you think Joe will feel six weeks after the project is underway? Compare his new approach to project management with his previous approach.
1. Who would you recommend Stacey Thomas select to serve as project manager? Why?2. How would you recommend this project be organized? Functional project? Pure project? Matrix? Why?3. Do you agree
1. Explain how you would execute your roles as project manager of this project.2. As the project manager, how would you manage trade - offs?3. How would you recommend this project be organized?
What are some of the benefits of setting up a project plan for routine, frequent projects?
Discuss the reasons for inviting the functional managers to a project launch meeting rather than their subordinates who may actually be doing the work.
Discuss the pros and cons of identifying and including the project team at the project launch meeting.
Why do so many “self-directed teams” perform poorly? What can be done to improve their performance?
Why is participatory management beneficial to project planning? How does the process of participatory management actually work in planning?
What is the difference between the Resource column on the WBS (that would include personnel needed by the project) and the Assigned To column?
Under what circumstances is it sensible to do without a project launch meeting?
What limitation associated with traditional project management techniques like Gantt charts and precedence diagrams does the Design Matrix Structure overcome?
For each one of the nine components of a project plan, discuss the problems that might be raised if the element was incomplete.
Give several examples of a type of project that would benefit from a template project action plan being developed.
Why is the hierarchical planning process useful for project planning? How might it influence the plan if the hierarchical planning process was not used?
What causes so much conflict on multidisciplinary teams? As a PM, what would you try to do to prevent or reduce such conflict?
Of what help is a “map of interdependencies” to a PM who is managing a transdisciplinary team?
Develop a WBS with at least two levels for a project you are personally familiar with (e.g., moving away to college, registering for class, cleaning out a garage). Be sure to include precedences,
Discuss the drawbacks of implementing a project plan without a RACI Matrix.
What are the potential ramifications of not utilizing integration management techniques or parallel tasking while planning and implementing a project?
List the advantages of using an “empowered team” for planning. What conditions must be met for these advantages to accrue?
Pursuing a degree or certificate is a major project. Construct a brief “project plan” for this project that includes all 9 elements described in the chapter.
Assume that your class instructor appointed you project manager to lead a dozen of your classmates in writing up the end-of-chapter pedagogy materials. You plan to form subteams to work on each of
You and your family and friends are planning to host a graduation party at the end of the school year. Construct a WBS for this party.
Construct a WBS for the project in Question 19.
Consider one or more projects (from this course or elsewhere) that you understand reasonably well. Identify situations where information learned from a later task of the project becomes important to
Contrast the Project Plan, and the Work Breakdown Structure.
Prepare a WBS using MSP with the steps that must be completed before Vern Toney can contact outsourcing vendors. If Vern starts on August 1, 2005, how long will it take to get ready to contact
Develop a mind map for a nonprofit organization’s annual casino night charity event.
In addition to your regular responsibilities, your supervisor has just assigned you to be in charge of your organization’s annual golf tournament. It is expected that 100 to 150 employees will
If you were the President how would you handle this problem?
What should Avery Mitchell do next? What information should he ask the consultants for before accepting their proposal? What project planning tools would you suggest Avery ask the consultants to use
1. Define project deliverables.2. Define project constraints and assumptions.3. Develop a preliminary Level 1 WBS.4. Is Dr. Splient a good choice for project manager? Support your position.MINI
1. Develop a mind map for this project.2. Convert your mind map into a WBS.3. Discuss how your mind map might be used to facilitate other project planning activities such as resource allocation,
Would you expect a task in a manufacturing plant that uses lots of complex equipment to have a learning curve rate closer to 70 percent or 95 percent?
Contrast the disadvantages of top - down budgeting and bottom-up budgeting.
What is the logic in charging administrative costs based on total time to project completion?
How does a tracking signal improve budget estimates?
Are there other kinds of changes in a project in addition to the three basic types described in Section 4.4? Might a change be the result of two types at the same time?
Distinguish among highly probable risks, extremely serious risks, and highly vulnerable areas in risk identification.
Given the tendency of accountants to allocate a project’s estimated costs evenly over the duration of the task, what danger might this pose for a project manager who faces the following situation?
The chapter describes the problems of budgeting projects with S-shaped and exponential-shaped life-cycle curves. What might be the budget problems if the life cycle of a project was just a straight
If a firm uses program budgeting for its projects, is an activity budget not needed? If it is, then of what value is the program budget?
As a senior manager, you oversee a project with a total estimated cost of 245 engineer- months of effort. Three months ago, however, the project had fallen behind by about 25 engineer-months so you
So what was wrong with the purchasing manager’s assistant’s solution (outlined in Section 4.3) to the problem of having an inadequate supply of hard-to-obtain parts?
Contrast simulation to other risk analysis tools. What are its advantages and disadvantages? If you were to do an important risk analysis, which tool would you prefer?
Your firm designs PowerPoint slides for computer training classes, and you have just received a request to bid on a contract to produce the slides for an 8-session class. From previous experience,
In the template for finding bias (Figure), using the Actuals as shown, compare the estimating model shown in the figure with the following estimates:Base your comparison on the mean bias and the
Find the best alternative given the cost outcomes below. The probability of rain is 0.3 clouds is 0.2, and sun is0.5.
In Problem 15, base your decision instead on the worst possible outcome for each alternative.
A light manufacturing firm has set up a project for developing a new machine for one of its production lines. The most likely estimated cost of the project itself is $1,000,000, but the most
What do you think Alex should show to his boss so that the boss would feel more comfortable letting Alex determine and monitor the project’s budget? What should Alex say to persuade the boss?
What should the CFOP do?
1. The cost per square foot for the units is given in the text together with its standard deviation. What other areas of cost or revenue are likely to have cost uncertainty? How should these
1. What is the expected value of the project?2. Simulate this project 1000 times and compute the average profit over the 1000 replications. Plot a histogram of the outcomes of the 1000
How would a PM manage critical path tasks differently than noncritical path tasks?
How is slack determined?
How do you determine the ES for an activity with two predecessors? How do you determine the LF for an activity with two successors?
Will all the activities on a noncritical path have the same slack? Why or why not?
For the following project,(a). List all predecessors of task 5.(b). List all predecessors of task 4.(c). List all predecessors of the network finish(F).
What is a “dummy” activity?
Consider Figure. Paths a-b-c and a-b-d converge at activity f, but we ignored this potential merge problem in the text. Why?
What is meant by “project slack”?
When using AON networks, how does one indicate an event such as a project milestone?
A probabilistic network has a critical path of 21 days and a .95 probability of completing this path in 24 days. Therefore, the project has a .95 chance of being finished by the end of the 24th day.
Not uncommonly, the Gantt chart is deceptive in its apparent simplicity. Briefly explain.
When activity times are known with certainty, the critical path is defined as the set of activities on a path from the project’s start event to its finish event that, if delayed, will delay the
How might you use the network approach to help prepare cost estimates?
When would it be accurate to determine the probability of project completion by multiplying the probabilities of all the paths through the network together? When would it not be accurate?
Reconcile Question 14. If this approach is not accurate, would the probability of completion considering the critical path alone be more accurate? How might you estimate the correct probability
Why do you think most PMs use MSP’s Gantt chart format more commonly than the network format?
Which of the linkages in precedence diagramming do you think is most commonly used? Why?
In the calculation of variance for optimistic and pessimistic activity duration estimates made at the 95 or 90 percent level, the denominator of the fraction that approximates the standard deviation
Given all the estimating done to determine the duration of project activities, what does it mean to say that “only after the fact do we know which path was actually the critical path?”
It was noted that “the PM must manage the project team as well as the project.” Explain why.
Why do you think scheduling has been the major focus of effort throughout the history of project management rather than performance or budgeting?
Refer to the network in Figure. What is the probability that path a-b-c-f will interfere with the promised project completion of 50 days? Recall that the critical path, a-b-d-g-h, had a probability
Refer to Table 5-4 and Figure. Recalculate the variance for each activity on the assumption that the optimistic and pessimistic estimates were made with a 95 percent probability. Recalculate the
Refer to Table 5-4 and Figure. Recalculate the variance for each activity on the assumption that the optimistic and pessimistic estimates were made with a 90 percent probability. Again, recalculate
Given the information in the following table:a. Construct the network diagram.b. Find each activity’s ES, EF, LS, and LF.c. Identify all paths. Which path is the critical path?d. Calculate the
Given the information in the following table, draw the AOA network. Using the same information, enter the data into MSP assuming a seven-day workweek. (To change the calendar in MSP from its five-day
In the following table, task durations are given in weeks. The estimates were made at the 95 percent level (Calculating Probabilistic Activity Times subsection).a. Find the expected time and variance
Enter the following information into an Excel® spreadsheet. The time estimates were made at the 90 percent level (Calculating Probabilistic Activity Times subsection). All activity times are in
Given the project in Problem 26, simulate the completion of the project 1000 times, assuming that the activity times follow a normal distribution and that the time estimates are made at the 95
The project referred to in Problem 28 has been partially completed. Task a required four weeks, task b nine weeks, task c four weeks, and task d five weeks. Update the simulation model you developed
Given the project in Problem 27, simulate the completion of the project 1000 times, assuming that the activity times are at the 99 + level and follow a triangular distribution.a. Determine the
The following activities were listed during a brainstorming session on product development. Find the appropriate predecessor-successor relationships and then construct an AON network to reflect the
If you were the project manager, which method would you use, and why?
How would you recommend they reach a consensus on the project plan?
1. Draw a Gantt chart for the construction phase of the program. What is the completion date if construction starts in March? What is the completion date of the project if construction is started in
1. Draw a network diagram for this project. Identify all the paths through the network diagram.2. Simulate the completion of this project 1000 times assuming that activity times follow a triangular
Given the fact that a project’s resource requirements are clearly spelled out in the project’s action plan, why are PMs so concerned with resource allocation?
Explain the difference between a project that has a fixed delivery day and one that has a fixed limit on resource usage. Why might a PM be interested in this difference?
What does it mean to “fast-track” a project?
List as many things as you can think of that should be entered into a specific resource’s calendar.
Explain why project-oriented firms require excess resource capacity.
The arrival and departure times of commercial aircraft are carefully scheduled. Why, then, is it so important to have excess capacity in the airport control tower?
Explain the difference in the problems faced by a PM who is short of secretarial resources and one who is short of a “Walt.”
When allocating scarce resources to several different projects at the same time, why is it important to make sure that all resource calendars are on the same time base (i.e., hourly, daily, weekly .
List and describe the three most common criteria by which to evaluate different resource allocation priority rules.

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