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Questions and Answers of Management Leadership

For each of the aids used in the case, describe how they were constructed and if there were any modifications in form.MINI CASEHeublein, Inc., develops, manufactures, and markets consumer food and
Compare this project with the Project Portfolio Process and Hewlett-Packard’s project management process in the reading for Chapter 2.MINI CASEHeublein, Inc., develops, manufactures, and markets
What was the purpose of the PM&C project? Was it successful?MINI CASE Heublein, Inc., develops, manufactures, and markets consumer food and beverage products domestically and
What was wrong with the previous focus on cost-benefit? Does the PM&C system still include a cost-benefit analysis?MINI CASEHeublein, Inc., develops, manufactures, and markets consumer food and
Why did lagging depreciation legislation increase the importance of using capital funds optimally?MINI CASE Heublein, Inc., develops, manufactures, and markets consumer food and beverage
Planning for inevitable crises seems to be quite logical, yet is rarely done in projects. Why?
Would some of these tools have been of value to Iceland in the Project Management in Practice example?
Scenario analysis—the brainstorming of possible crises and anticipation of their outcomes—seems like another useful tool here. How does this approach compare to the tools described?
Which of the four tools would have the most value? Which would be easiest to implement?
In their recommendations to project managers regarding implementing these tools, which recommendations are most important?
Define activity, event, and path as used in network construction. What is a dummy activity?
What characteristic of the critical path times makes them critical?
What two factors are compared by Gantt charting? How does the Gantt chart differ in purpose from the project master schedule?
Contrast total slack and free slack.
When is each scheduling technique appropriate to use?
What is the difference between activity-on-node and activity-on-arrow diagrams?
How does simulation determine the probabilities of various project completion times?
Briefly summarize how a network is drawn.
Define “late start time,” “early start time,” and “early finish time.”
How is the critical path determined?
What is “slack” and why is it important?
How do you think the network technique could be used to estimate costs for manufacturing?
What are some benefits of the network approach to project planning? What are some drawbacks?
What is your position on the statements in the Using These Tools section?
Why is AOA or AON of significant value to the project manager?
How is uncertainty in project scheduling dealt with?
How would you calculate free slack?
Should BWNS try to win back NLP’s business at this time? How could Brown eventually win back NLP’s business? What should he do?MINI CASE Reggie Brown, B&W Nuclear Service Companys (BWNS)
Give some examples of ancillary project objectives.
When should an audit be conducted during a project? Is there a “best” time?
What occurs in each stage of the audit life cycle?
What items should be included in the audit status report?
What access is required for an accurate audit?
Why is measurement a particular problem in auditing?
What is a “baseline”?
What is the purpose of a risk analysis?
What are the essential conditions of a credible audit?
In a typical project, do you feel frequent brief evaluations or periodic major evaluations are better in establishing control? Why?
Do you think that project evaluations cost-justify themselves?
What steps can be taken to ease the perceived threat to team members of an external evaluation?
What feedback, if any, should the project team get from the evaluation?
During the project audit, a tremendous amount of time can be wasted if a systematic method of information handling is not adopted. Briefly explain how this systematic method may be developed.
Evaluation of a project is another means of project control.” Comment.
Why is it better to rely on several sources of information than just a few?
What could be some advantages and disadvantages of the following sources of information: (a) Charts,(b) Written reports, and (c) Firsthand observation?
Why is it important to use outside auditors rather than inside auditors who would be more familiar with the company and the project?
What kinds of reports might be sent to customers?
What would you identify as the ethical responsibilities of an auditor?
Given the great variety of items for an auditor to evaluate, what should the PM do given that the project evaluation basis was clearly laid out in the project plan? What about ancillary goals?
Which of the four concepts is the most important, in your opinion?
Elaborate on item 3.
What lessons might you have expected that aren’t included?
Was this a good use of the audit concept?
What was the major problem in this project?
In spite of the recommendation, ASCL had already had a “problem project” list and system in place. Why do you think it may not have caught this particular project? Will the new procedure do any
Gerkin Pension Services Dana Lasket was the project manager of a project with the objective of determining the feasibility of moving a signifi cant portion of Gerkin’s computing capacity to another
General Ship Building Company General Ship Building has a contract with the Department of the Navy to build three new aircraft carriers over the next five years. During the construction of the first
Do you think this was a financial audit, a project audit, or a management audit? Why?It was July 2004. John West and Joy Adams had been through a lot since the THAAD program had begun in 1992. Eleven
Was the purpose of the audit to exert cybernetic control, go/no-go control, or post-project control? Explain.MINI CASEIt was July 2004. John West and Joy Adams had been through a lot since the THAAD
Given the comments in the case, do you surmise that the reason for the audit was to improve future projects or to ascertain the reasons for not meeting the project’s goals, and if the latter, its
Do you think the GAO was the best choice for an audit team? Would it have the trust of the project personnel?MINI CASEIt was July 2004. John West and Joy Adams had been through a lot since the THAAD
Given the minimal elements of a project audit present in Section 12.2, which element(s) would have been primary to the audit team? Why? Which section would have contained the “underlying
Why do you think organizations tend to ignore post-project evaluations?MINI CASEOverall, in the light of this study, we would come out strongly in favor of post-project reviews (provided you do not
How could the concept of making such evaluations mandatory be implemented?MINI CASEOverall, in the light of this study, we would come out strongly in favor of post-project reviews (provided you do
Evaluate their advice for conducting post-project evaluations.MINI CASEOverall, in the light of this study, we would come out strongly in favor of post-project reviews (provided you do not call them
How does an understanding of how people learn affect project audits and evaluations?MINI CASEOverall, in the light of this study, we would come out strongly in favor of post-project reviews (provided
How can an auditor/evaluator avoid the shortfalls described in the article?MINI CASEOverall, in the light of this study, we would come out strongly in favor of post-project reviews (provided you do
How are activity times estimated?
Should the critical path activities be managed differently from noncritical path activities? Explain.
Precedence diagramming extends the standard task relationship in a network to three additional situations. Can you think of any others?
How do you imagine work gets done with grizzly bears around?
One requirement of the project was to keep the oil flowing while replacing the pipeline section. How do you think they managed to do this?
Did the project team always have to work in 3-hour segments? What would you expect their longest shifts to run?
Elaborate on the uniqueness of this work breakdown structure.
Based on the Gantt chart, when did the symposium actually occur?
Why are there activities scheduled after the symposium? When is the project finally done?
Given the following information, draw the AON diagram:Activity Immediate Predecessor1 ..........—2 ..........—3 .........1, 44 ...........25 ...........26 .........3, 5
Convert the AON diagram below to an AOAdiagram.
Find three errors in the diagrambelow.
Given the diagram below, find:(a) The critical path.(b) How long it will take to complete theproject.
Convert the AOA diagram in Problem 4 to an AON diagram. How would the AON diagram change if there had been a dummy from node 2 to node 3 in Problem 4?
Convert each of the following AOA diagrams into AONdiagrams.
Given the following activities and precedences, draw an AOA or AON diagram:Activity Immediate PredecessorA ..........—B ..........—C ..........AD ..........A, BE ...........A, BF ..........CG
Given the following network,(a) What is the critical path?(b) How long will it take to complete this project?(c) Can activity B be delayed without delaying the completion of the project? If so, how
Given the estimated activity times below and the network in Problem 8 above,what is the critical path probability that the project will be completed within:(a) 21 days?(b) 22 days?(c) 25days?
Find(a) The AOA network and the critical path.(b) All event slacks.(c) Critical path to event D.(d) Critical path probability of completion in 14 days.(e) The effect if CD slips to 6 days; to 7 days;
a. Draw the AOA diagram.b. Find the critical path.c. Find the completion time.Activity â€ TEAB .....1AC .....2AD .....3DC .....4CB .....3DE .....8CF .....2BF .....4IJ .......2CE .....6EF
The Denver Iron & Steel Company is expanding its operations to include a new drive-in weigh station. The weigh station will be a heated/air-conditioned building with a large floor and small office.
Miracle Marketing has received a contract from a large pharmaceutical firm to design a nationwide advertising campaign for their recently approved cancer drug. The drug is easily taken, compared with
The following chart was prepared at the beginning of a HRM (Human Resource Management) crash hiring project. The project begins with two activities: Assemble interview team (A) and Budget resources
Given the following financing project being considered by a venture firm, find the critical path probability of completion by 17 weeks. By 24 weeks. By what date is management 90 percent sure
Given an auditing project with the following activities,Using the critical path, find:(a) The probability of completing this project in 12 weeks (or less), as the client desires.(b) The probability
The following network is a compressed representation of the prospectus of a start-up firm that plans to develop a new, bio electronic computer chip.Note that four activities, the biological elements,
The events of the project below are designated as 1, 2, and so on.(a) Draw the network.(b) Find the critical path.(c) Find the slacks on all theactivities.
Given the following network (times are in weeks), determine:(a) The ES, LS, EF, and LF for each activity.(b) The slacks on all activities.(c) The critical activities andpath.
Given the schedule in Table B for a liability work package done as part of an accounting audit in a corporation, find:(a) The critical path.(b) The slack time on €œprocess
In the Web site development project network, shown in the following figure, the number alongside each activity designates the activity duration (TE) in weeks.Determine:(a) The ES and LS for each
Given the following information regarding a project concerning an initial public offering (IPO),(a) Draw the network.(b) What is the critical path?(c) When will the offering be available (completion
Construct a network for the aerospace launch project below and find its criticalpath.
Construct a network for the following training and development project.(a) Draw the network.(b) Find the critical path.(c) From where would you suggest transferring resources, and to what activities,

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