Project Management Systems Principles And Applications 1st Edition Adedeji B Badiru - Solutions

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What is your overall impression about how well the defi nition phase was conducted in the project, and of the quality of the system requirements and project plan?
Was QFD or a similar process used to defi ne requirements and/or create the project plan?
Did different stakeholders participate in defi ning the requirements and creating the project plan?
Describe the process to create the project plan.
Did the project have a master plan? If so, describe the contents. If not, how did the team know what they were supposed to do (tasks, schedules, responsibilities, etc.)?
Were there any system specifi cations and performance requirements?If not, how did the project team know what was required of the end-item?
Were there any system requirements? Were they clear and utilized by the project team?
Were there user requirements? How were they defi ned? Were they“well-defi ned” requirements?
How was the project team formed?
How did the project manager become involved in the project? Was she selected as project manager before or after the proposal was completed?
Did the project have a Kickoff meeting? What happened there?
To what situations does agile project management apply? How does it differ from the traditional “waterfall” model?
What is the purpose of the project charter? What is included in the charter?
Think about the following, or use whatever consumer research material is available to you, to defi ne customer needs or requirements for the following:a. A “good” college courseb. Toaster (or other home appliance of your choosing)c. Cellular telephoned. Coffee mug for your car.For each, defi ne
How do you think the QFD process can be used as part of concurrent engineering?
What is the source of customer needs or requirements that appear in the house of quality?
Briefl y defi ne the purpose of quality function deployment (QFD).
How are the various functional areas and subcontractors involved in the requirements defi nition and project planning process?
What is the purpose of specifying priorities and margins in defi ning requirements?
Describe the process of developing user requirements and system specifi cations.
What are “non-functional requirements”? Give examples.
Describe briefl y the contents of a project master plan.
What is the purpose of the Kickoff meeting? When is the meeting held, and who runs it?
Describe the different kinds of contracts (refer to the Appendix to this chapter).What are the relative advantages and disadvantages of each to the customer and the contractor?
What must the project manager know to be able to effectively negotiate a contract?Consider aspects of the customer, competition, and technical content of the proposal.
When a contractor hires a subcontractor, to whom is the subcontractor obligated—the end-user customer or the contractor?
How can a contractor be both the sender and receiver of RFPs—i.e., how can it both prepare and submit proposals, and receive and review proposals?
In contracting out work, does the customer relinquish all control over the project to the contractor? Explain.
How is the RFP/proposal process adapted to large projects that potentially have numerous stakeholders although initially only a few have been identifi ed?
Discuss the purpose of a business case study for internal projects. What does the study include, and who prepares it?
What contractor qualifi cations might the customer look for in a proposal? What else about the contractor might the customer look for?
Three proposals (W, X, and Y) have been rated on six criteria as follows: 1 = poor, 2 = average, 3 = good. Choose between the three proposals using (a) the simple rating method and (b) the weighted rating method. Criteria Weight Attention to quality 0.25 Cost 0.20 Project plan 0.20 Project
How is the best proposal selected? Describe the process and the criteria used.
Describe the contents of the proposal.
What is the statement of work (SOW)? In what documents does the SOW appear?
What are user needs? Describe the process of defi ning user needs and the problems encountered.
How does the contractor (SDO) become involved in a project?7 What is the role of an RFP? Describe the contents of an RFP.
Besides the user and the contractor, what other parties are involved in the systems development cycle? Give examples for particular projects.
Who is the user in the systems development process? Who is the contractor?
What factors determine whether or not an idea should be investigated?
What aspects of the project or parent organization appear to use systems management?What aspects do not use systems management? Describe the appropriateness or inappropriateness of systems management in the project you are studying.
Were the stakeholder requirements clearly defi ned at the start of the project?Were system requirements clearly defi ned? What are the requirements? In your opinion, were stakeholders identifi ed and involved early in the project? Were their needs identifi ed and addressed? Did the project deliver
As described in this chapter, besides the main end-item or operating system (i.e., the output objective of the project), systems engineering also addresses the support system—that system which supports installation, operation, maintenance, evaluation, and enhancement of the operating system.
If the study project involves engineering or integration of many components, was the systems engineering process used? Is there a section, department, or task in the project called systems engineering? If so, elaborate. Are there functions or phases of the project that seem to resemble the systems
Now, conceptualize the output or end-item of the project as a system. Again, focus on the elements, relationships, attributes, subsystems, environment, and so on. All projects, whether directed at making a physical product (e.g., computer, space station, skyscraper, research report) or a service
Describe the role of the project manager with respect to these subsystems, both internal and external. What is the nature of his or her responsibilities in these subsystems? How aware is the project manager of the project “environment,”and what does he or she do that refl ects this awareness?
Conceptualize the project organization (the project team and the parent organization of the team) you are studying as a system. What are the elements, attributes, environment, and so on? What are its internal subsystems—functional breakdown and management hierarchy subsystems? What is the
What is the relevancy of the systems approach to project management?
What is the emphasis in systems management? How does it differ from just management?
Think of a simple system like a mousetrap, tape dispenser, or can opener. Draw a simple high-level functional fl ow block diagram for it. If possible, decompose each of the functions into subfunctions.
Distinguish the following: functional requirements, performance requirements, and verifi cation requirements. Give an example of a functional requirement and its associated performance and verifi cation requirements.
Describe the stages of systems engineering in Figure 2.8. Think of some projects, and describe the stages of systems engineering in these projects.
What are requirements? What aspects of the system or stakeholder needs should the requirements incorporate?
In systems engineering, the fi rst stage is identifi cation. Identifi cation of what?
Discuss the dimension of systems engineering in Figure 2.6.
Give some examples of physical models, of graphical models, and of mathematical models.
Describe how the following elements of the systems approach apply to projects and project management: objectives, environment, resources, subsystems, and management.
Describe the systems approach. Where does the systems approach apply?Explain in a sentence what a manager does in the systems approach that he or she might not do otherwise.
How can several people looking at the same thing see the “system” in it differently?
Defi ne “system”. What notable features enable you to see something as a system?Describe briefl y the American legal or education system in terms of these features.
What kind of role does the project manager have—expeditor, coordinator, pure project, or matrix manager? Explain. What is his or her title?
How does the project you are studying fi t the defi nition of a project?
In the project you are studying, what characteristics of the company, project goals, tasks, or necessary expertise make the use of project management appropriate or inappropriate? Consider the project size, complexity, risk, and other criteria in answering this question.
Now that you know a little about projects and project management, list some government and private organizations where you think project management might be useful. You might want to check to see if, in fact, they are using project management.
In the industry, service sector, and government examples in this chapter, what common characteristics of the environment, the project goals, and the project tasks make project management appropriate (or necessary)? Also, what seem to be the common characteristics of the roles and responsibilities
What are some of the problems of being a project leader in commercial, government, and military projects? Where do organizations in these environments get project leaders from?
Briefl y compare and contrast the following forms of project management: pure project, matrix, program, new venture, product, and ad hoc committee/task force.For each form, give at least one example of an organization where it is used.
When is project management clearly not appropriate? List some “project-type”activities where you think project management should not be used. Describe organizations or kinds of work where both project and non-project types of management are appropriate.
What are the fi ve criteria that Cleland and King suggest for determining when to use project management? From these, describe briefl y how a manager should know when project management is appropriate for the task.
What are the four types of project management roles? Describe the responsibilities of managers in each role. Are all four roles ever used in the same organization?
What are the characteristics of “project management?” Contrast these with functional and other types of non-project management.
Describe the classical and behavioral viewpoints of management and how they differ from the systems approach. The classical and behavioral viewpoints originated decades ago. Are they still of use today? (For a better idea of how the viewpoints differ, refer to current popular management references
Describe fi ve functions of management. Are any of these not performed by managers?How do you think each of these functions comes into play in the course of a project?
The 10 year historical demand data for a part is presented as follows:Determine the forecast for year 11 using the following forecasting approaches:a. Simple averageb. Simple 4-period moving averagec. Weighted 4-period moving average with: α1 = 0.4, α2 = 0.3, α3 = 0.2, α4 = 0.1d. Exponentially
The price of an item in a project supply store is a random variable having the following distribution:Which of the following price ranges has the highest probability? [35, 36]; [50, 51]; [68, 69] sin (x-35) 35 x 75 f(x)= 20 10 0, otherwise
In a store, the time (in years) when a product is sold is an independent random variable having the following distribution:The price of the product, P(x), is time-dependent and is represented as follows:What is the expected revenue from the product? [2sin(2x), 0 x 1 f(x)= 0, otherwise
Suppose the monthly demand for an inventoried item is a random variable having the following distribution,Find the probability that the demand will exceed 75 units in a particular month. f(x)=50 TCX sin 0 x 100 100 0, otherwise
Repeat Exercise 9.4 for the case where the cost of inventory is described by a cyclic distribution over the interval [0, 2π] with m = 4.
Given that the cost of inventory is described by a continuous cash flow function defined aswhere v is the inventory carrying charge ($/$ of inventory per unit time)c is the unit cost of inventory items Q is the reorder quantity λ is the demand rate per unit time T is the length of one complete
Use weighted average forecast approach to generate the forecast in Exercise 9.2. Compare and discuss the result with the forecast generated in Exercise 9.2.
Develop a numeric example of exponential smoothing forecast. Justify the value of the smoothing factor you use in the example.
For the T-period moving average forecast method, show that fn+1 d Exler-Teide =fn =-T+1 T dn-dn-T + [dm T
A newly employed engineer wants to find out how much he should invest at 12%nominal interest, compounded monthly to provide an annuity of $25,000 (per year)for 6 years starting 12 years from now.
In the process of saving some money for my kids college I plan to make six annual deposits of $4000 into a secret savings account that pays an interest of 4% compounded annually. Two years after making the last deposit the interest rate increases to 7% compounded annually. Twelve years after the
An ambitious student wants to start a restaurant, so he wants to buy a nice kitchen set consisting of state of art grills two, three stoves, two dishwashers, three refrigerators, two ovens, and three microwaves along with some other stuff. So he plans on spending $112,000 on the equipment alone. He
A manufacturing unit in a facility is thinking of purchasing automatic lathes which could save $67,000 per year on labor and scarp. This lathe has an expected life of 5 years and no market value. If the company tells the manufacturing units that it is expecting to see a 15% ROI per year, how much
My grandmother just purchased a new house for $500,000. She made a down payment of 50% of the negotiated price and then makes a payment of $2,000.00 per month for 36 months. Furthermore she thinks that she can resell the house for$600,000 due to the increasing real estate bubble at the end of 3
A small scale industry thinks that it will produce 10,000 tons of metal during the coming year. If the processes are controlled properly then the metal is going to increase 5% per year thereafter for the next 6 years. Profit per ton of metal is $14 for years 1–7. If the industry earns 15% per
A university alum wants to save $25,000 over 15 years so that he could start a scholarship for students in industrial engineering. To have this amount when it is needed, annual payments will be made into a savings account that earns 8% interest per year. What is the amount of each annual payment?
A company borrowed $10,000 at 12% interest per year compounded yearly. The loan was repaid at $2,000 per year for the first 4 years and $2,200 in the fifth year. How much must be paid in the sixth year to pay off the loan?
Repeat Exercise 8.6 if the MARR for the company is 5.5% in the first 4 years and increases to 6% starting in year 5.
A newly implemented technology in a manufacturing plant pays zero revenue in the first 2 years but $1000 revenue in the third and fourth years; this amount increases by $500 annually for the following 5 years. If the company uses an MARR of 5.5%per year, what is the present value of these cash
In order to maintain RAB University’s football stadium, the athletic department of the university needs annual maintenance costs of $60,000, annual insurance costs of $5,000, and annual utilities costs of $1,500. In addition, the department needs$100,000 worth of donations every 10 years for
How much must be deposited into a project account today if the project costs for each of the first 5 years is $12,000 and this amount increases by 10% per year for the following 10 years if the account pays 2.5% per year, compounded yearly?
A football player signed an $11 million 10 year contract package with a football team he joined recently. Based on this contract, the football player will receive the following benefits; his yearly salaries start at $300,000 and go up yearly to $400,000, $500,000,$600,000, $700,000, $1 million,
If the nominal interest rate on a savings account is 0.25% payable, or compounded, quarterly, what is the effective annual interest rate? If $1000 is deposited into this account quarterly, how much would be available in the account after 10 years?
Calculate how long it would take your current personal or family savings to double at the current interest rate you are being offered by your bank. What will it take for you or your family to reduce the calculated period by one-half?
Solve Exercise 7.14(integer programming) using the simulated annealing procedure. Use T = 60, k = 0.8 and stop when the order does not change in three iterations.
A fashion clothing warehouse is located in Oklahoma City and serves five stores located in Norman, Tulsa, Oklahoma City, Muskogee, and Stillwater. Each week a truck delivers clothes from the warehouse to the stores and returns to the warehouse. The distances between each pair of locations (in miles
Consider the project network given in Figure 7.48.a. Determine the critical path for the network when each activity is realized at its normal time.b. Suppose the project must be completed in 15 days. Formulate a LP model that will minimize the cost of meeting the deadline.c. Solve the model in (b)

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Project Management Systems Principles And Applications 1st Edition Adedeji B Badiru - Solutions

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