New Semester
Started
Get
50% OFF
Study Help!
--h --m --s
Claim Now
Question Answers
Textbooks
Find textbooks, questions and answers
Oops, something went wrong!
Change your search query and then try again
S
Books
FREE
Study Help
Expert Questions
Accounting
General Management
Mathematics
Finance
Organizational Behaviour
Law
Physics
Operating System
Management Leadership
Sociology
Programming
Marketing
Database
Computer Network
Economics
Textbooks Solutions
Accounting
Managerial Accounting
Management Leadership
Cost Accounting
Statistics
Business Law
Corporate Finance
Finance
Economics
Auditing
Tutors
Online Tutors
Find a Tutor
Hire a Tutor
Become a Tutor
AI Tutor
AI Study Planner
NEW
Sell Books
Search
Search
Sign In
Register
study help
business
megaproject management
An Introduction To Project Management 4th Edition Kathy Schwalbe - Solutions
4. List three negative risk events and three positive risk events for the Just-In-Time Training project. Briefly describe each risk, and then rate each one as high, medium, or low in terms of probability and impact. Plot the results on a probability/impact matrix. Also, prepare an entry for one of
3. Your company is planning to launch an important project starting January 1, which will last one year. You estimate that you will need one halftime project manager; two fulltime business analysts for the first six months; two fulltime marketing analysts for the whole year; four fulltime business
2. Search the Internet for “project dashboard.” Find at least three different charts or examples that can be used on a project dashboard. Document your findings in a two-page paper or short presentation, including screen shots of the charts you find and your assessment of their value.
1. Find an example of a large project that took more than a year to complete. You can ask people at your college, university, or work about a recent project, such as a major fund raising campaign, information systems installation, or building project.You can also find information about projects
6. What is the difference between an RFP and an RFQ? Give an example of the appropriate use of each. How does procurement planning differ for government projects versus those in private industry?
5. Why is risk management often neglected on projects? Why is it important to take the time to identify and rank risks throughout the project’s life?
4. What is it important to plan for stakeholder engagement? Why is some of the information sensitive when planning how to work with stakeholders? Give examples of how you have planned in advance how to work with difficult stakeholders.
3. Why is it so difficult to ensure good communication on projects? What strategies can any project team use to improve communications?
2. What is the main purpose of a staffing management plan? What tool should you use to graphically show total staffing needs for a project? What tool should you use to clarify roles and responsibilities for tasks?
1. What is the main purpose of a project quality management plan? What are two metrics besides those provided in this chapter that Kristin and her team could use on the Just-In-Time Training project? Besides ensuring that classrooms are ready for training, where else might they use a checklist on
10. You want to have the least risk possible in setting up a contract to purchase goods and services from an outside firm. As the buyer, what type of contract should you use?A. fixed price B. unit price C. cost reimbursable D. time and materials
9. You can purchase an item you need for a project for $10,000 and it has daily operating costs of $500, or you can lease the item for$700 per day. On which day will the purchase cost be the same as the lease cost?A. day 5 B. day 10 C. day 50 D. day 100
8. A _______________is a document that contains results of various risk management processes, often displayed in a table or spreadsheet format.A. risk event B. trigger C. risk register D. risk management plan
7. What two dimensions should you use when evaluating project risks?A. probability and impact B. cost and schedule C. negative and positive D. source and responsibility
6. Suppose you are a member of Kristin’s team and you are having difficulties communicating with one of the supplier management experts who is providing important content for a class you are developing. What strategy might you use to help improve communications?A. put all communications in
5. Topics such as who will receive project information and who will produce it, suggested methods or guidelines for conveying the information, frequency of communication, and escalation procedures for resolving issues should be described in a _______________.A. communications management plan B.
4. A _______________ describes when and how people will be added to and taken off of a project.A. project organizational chart B. resource histogram C. responsibility assignment matrix D. staffing management plan
3. A RACI chart is a type of _______________.A. project organizational chart B. resource histogram C. responsibility assignment matrix D. project dashboard
2. _______________ allow organizations to measure their performance in certain areas—such as failure rates, availability, and reliability—and compare them over time or with other organizations.A. Ratings B. Metrics C. Quality-control charts D. Checklists
1. _______________ is defined as the degree to which a set of inherent characteristics fulfill requirements.A. Fitness for use B. Conformance to requirements C. Metrics D. Quality
Discuss the project procurement management planning process, and explain a make-or-buy analysis, procurement management plans, requests for proposal/quote, contract statements of work, and supplier evaluation matrices
Discuss the five project risk management planning processes, and explain how a risk management plan, a probability/impact matrix, a risk register, and risk-related contractual agreements are used in risk management planning
Understand the importance of planning stakeholder management, and describe the contents of a stakeholder management plan
Describe the project communications management planning process, and describe the importance of using a project communications management plan and project Web site
Explain the project human resource management planning process, and create a human resource plan
Discuss the project quality management planning process, and explain the purpose and contents of a quality management plan, project dashboard, quality metrics, and quality checklists
List several planning processes and outputs for project quality, human resource, communications, stakeholder, risk, and procurement management
5. As a team, find at least six examples of Gantt charts for various types of projects. Discuss the similarities and differences between how the WBSs are structured, how durations and dependencies are entered, etc. Also discuss the quality of these examples. Document your results in a two-to
3. Using the information you developed in Project 1 or 2 role-play a meeting to review one of these planning documents with key stakeholders. Determine who will play what role (project manager, team member from a certain department, senior managers, and so on). Be creative in displaying different
2. You are part of a team in charge of a project to help people in your company (500 people) lose weight. This project is part of a competition, and the top “losers” will be featured in a popular television show. Assume that you have six months to complete the project and a budget of $10,000.
1. Your organization initiated a project to raise money for an important charity. Assume that there are 1,000 people in your organization. Also assume that you have six months to raise as much money as possible, with a goal of $100,000. Develop a scope statement, WBS, and Gantt chart for the
7. Watch at least three videos related to planning the London Olympic Games. You can find some from www.apm.org.uk/learninglegacy, as described in the Video Highlights feature. What did organizers do to aid in planning for integration, scope, time, and cost management? Write a short paper or
6. Create a cost estimate/model for redecorating a room using spreadsheet software. Assume you have one month and $5,000 to spend. Develop a WBS for the project and create a cost model based on your WBS. Document the assumptions you made in preparing the estimate and provide explanations for key
5. Consider Figure 4-30. All duration estimates are in days, and the network proceeds from Node 1 to Node 9. (Note:Instructors should see the Instructor’s Manual for similar exercises.)
4. Find at least four samples of WBSs. Microsoft Project, MindView, AtTask, and other software includes templates that you can use as examples. Analyze the similarities and differences between the WBSs. Also review them for completeness. Do they seem to include all the work required for the
3. Create your own WBS for building a new house by using the mind mapping approach. Assume that the WBS Level 2 categories include managing the project, finding property, securing a loan, designing the entire home, building the entire home, and providing landscaping and external items, including a
2. Review the sample scope statement in Figure 4-6. Assume you are responsible for planning and then managing the course development for the introductory supplier management course.What additional information would you want to know to develop a good schedule and cost estimate, and why? Write a
1. Find an example of a large project that took more than a year to complete, such as a major construction project. You can ask people at your college, university, or work about a recent project, such as a major fund raising campaign, information systems installation, or building project. You can
5. What are the main planning processes performed as part of project cost management? What is the difference between a cost estimate and a cost baseline? Why is it important to have clear ground rules and assumptions for a cost estimate?
4. What are the main planning processes performed as part of project time management? What is the critical path for a project, and why is it important to know which tasks are on the critical path? When should you consider critical chain scheduling?
3. What are the main planning processes performed as part of project scope management? What are some approaches for creating a WBS? Why is it important to develop a good WBS?What do you think about the scope planning documents prepared by the Just-In-Time Training project team? Do they seem too
2. What are the main planning processes performed as part of project integration management? What are the main documents created, and what are some of their main contents?
10. A __________ is a time-phased budget that project managers use to measure and monitor cost performance.A. cost baseline B. cost estimate C. life-cycle budget D. cash flow analysis
9. What cost estimating technique uses project characteristics in a mathematical model to estimate project costs?A. parametric modeling B. fast-track estimating C. analogous estimating D. critical chain
8. The ____________ method is a network diagramming technique used to predict total project duration.A. PERT B. Gantt chart C. critical path D. crashing
7. What is the most common type of dependency between activities?A. finish-to-start B. start-to-finish C. start-to-start D. finish-to-finish
6. What is the first step in planning a project schedule?A. creating a schedule management plan B. developing an activity list C. assigning resources to the project D. determining activity sequencing
5. A _________ is a deliverable at the lowest level of the WBS that represents the level of work that the project manager uses to monitor and control the project.A. WBS dictionary B. budget item C. line item D. work package
4. A _____________ is a deliverable-oriented grouping of the work involved in a project that defines the total scope of the project.A. contract B. Gantt chart C. WBS D. network diagram
3. Project teams develop a ___________ to coordinate all other project plans.A. strategic plan B. project management plan C. master plan D. project Web site
2. The main purpose of project planning is to:A. obtain funding for the project B. guide project execution C. clarify roles and responsibilities D. keep senior managers informed
1. What can project teams create to help promote teamwork and clarify team communications?A. a project Web site B. a team-building plan C. a team roster D. a team contract
Discuss the three project cost management planning processes, and create a cost estimate, cost baseline, and project funding requirements
Explain the four project scope management planning processes, and create requirements documents, a requirements management plan, a requirements traceability matrix, a project scope statement, a work breakdown structure (WBS), and a WBS dictionary
Discuss the project integration management planning process, and explain the purpose and contents of a team contract and a project management plan
Describe the importance of creating plans to guide project execution, and list several planning processes and outputs for project integration, scope, time, and cost management
5. As a team, research two different project management methodologies (other than using the PMBOK® Guide), such as PRINCE2, RUP, Six Sigma, etc. Summarize your findings in a two-to three-page paper or a short presentation. Try to include examples of projects managed using each methodology.
4. Perform the initiating tasks for one of the case studies provided in Appendix C. If you are working on a real team project, perform the applicable preinitiating and initiating tasks for that project. Be sure to work closely with your project sponsor to get the project off to a good start.
6. Find two additional videos related to any of the topics in this chapter. Summarize your findings in a short paper or presentation, citing the video references.
5. Watch the videos called “How to Kickoff a Project” and“Starting a New Project” from www.projectmanager.com.Summarize key points in these videos and your opinion of them in a short paper or presentation.
6. Discuss the process for holding a project kickoff meeting. Who should attend? What key topics should be on the agenda?
5. Why should projects have a project charter? What is the main information included in a project charter?
4. What is the main purpose of developing a stakeholder management plan? What information in it might be sensitive and kept confidential?
3. Describe the purpose of a business case and its main contents.
2. What preinitiating tasks were performed for the Just-In-Time Training project? Does it make sense to do these tasks? What are the main initiating tasks?
1. Briefly describe what happens in each of the five project management process groups (initiating, planning, executing, monitoring and controlling, and closing). On which process should team members spend the most time? Why? Why is it helpful to follow a project management methodology?
10. Which of the following is recommended in this text but is not an output of initiating in the PMBOK® Guide, Fifth Edition?A. project charter B. stakeholder register C. kickoff meeting D. none of the above
9. Preparing a stakeholder register and performing a stakeholder analysis are part of which knowledge area?A. project integration management B. project human resource management C. project stakeholder management D. project communications management
8. All project meetings with major stakeholders should include.A. an agenda B. food C. name tags D. all of the above
7. Which project document should not be made available to all key project stakeholders due to its sensitive nature?A. project charter B. business case C. stakeholder register D. stakeholder analysis
6. What is a crucial part of the project charter—a section in which key project stakeholders acknowledge their agreement on the need for the project?A. project objectives B. approach C. roles and responsibilities D. sign-off
5. What document formally recognizes the existence of a project and provides direction on the project’s objectives and management?A. project charter B. business case C. stakeholder register D. stakeholder management strategy
4. What document provides justification for investing in a project?A. project charter B. business case C. net present value analysis D. stakeholder register
3. The best or “alpha” project managers spend more time on every process group than other project managers except for which one?A. initiating B. planning C. executing D. monitoring and controlling
2. In which of the five project management process groups are activities performed that relate to each knowledge area?A. initiating B. planning C. executing D. monitoring and controlling E. closing
1. In which of the five project management process groups is the most time and money usually spent?A. initiating B. planning C. executing D. monitoring and controlling E. closing
Prepare a business case to justify the need for a project Identify project stakeholders and perform a stakeholder analysis ? ju7
Discuss the initiating process used by Global Construction, Inc., including preinitiating tasks, breaking large projects down into smaller projects, and initiating tasks? klo7
Describe the five project management process groups, map them to the project management knowledge areas, discuss other project management methodologies and why organizations often develop their own, and understand the importance of top management commitment and organizational standards in project
5. Using your college, university, or an organization your team is familiar with, create a mind map of a SWOT analysis, including at least three branches under each category. Also add subbranches with at least four potential project ideas. You can create the mind map by hand, or try using software
4. As a team, discuss other methods you could use to select class projects. Be sure to review the other methods described in this chapter (besides a weighted scoring model). Document your analysis of each approach as it applies to this situation in a twoto three-page paper or 10-minute
3. Develop criteria that your class could use to help select what projects to pursue for implementation by your class or another group. For example, criteria might include benefits to the organization, interest level of the sponsor, interest level of the class, and fit with class skills and timing.
2. Search the Internet to find two good examples of how organizations group projects into programs and two examples of how they create project portfolios. Write a one-to two-page paper or prepare a short presentation summarizing your results, being sure to cite your references. r=68
1. Find someone who has been involved in the project selection process within an organization. Prepare several interview questions, and then ask him or her the questions in person, via the phone, or via the Internet. Be sure to ask if he or she uses any of the project selection tools discussed in
6. Watch several of the video tutorials for using MindView Business software from www.matchware.com/intropm. Create your own mind map using this software for a project to plan your dream vacation. Use your mind map to create a Gantt chart with the same software. (You do not need to enter any
5. Watch two different videos about creating and using mind maps, as described in the Video Highlights feature in this chapter. You can find your own videos, or use the direct links available from www.intropm.com under Student Resources, Links, for this chapter. Summarize key points of the videos
4. Search the Internet for software that helps organizations perform strategic planning, project selection, or project portfolio management. Summarize at least three different tools and discuss whether or not you think these tools are good investments in a one-to two-page paper. Cite your
3. Search the Internet to find a real example of how a company or organization uses a structured process to aid in project, program, and/or project portfolio selection. As an alternative, document the process you followed to make a major decision where you had multiple options, such as what college
2. Create a weighted scoring model to determine which project to select. Assume the criteria are cost, strategic value, risk, and financials, with weights of 15%, 40%, 20%, and 25%, respectively. Enter values for Project 1 as 90, 70, 85, and 50;Project 2 as 75, 80, 90, and 70; and Project 3 as 80
1. Perform a financial analysis for a project using the format provided in Figure 2-5. Assume the projected costs and benefits for this project are spread over four years as follows: Estimated costs are $100,000 in Year 1 and $25,000 each year in Years 2, 3, and 4. (Hint: Just change the years in
5. What are the five levels of project portfolio management? r=68
4. What are three main benefits of grouping projects into programs? r=68
3. How do you decide which projects to pursue using net present value analysis? How do return on investment and payback period relate to net present value? r=68
2. What are the stages called in the four-stage planning process for project selection? How does following this process assist in selecting projects that will provide the most benefit to organizations? r=68
1. Why is it important to align projects to business strategy? What is SWOT analysis? How can you use a mind map to create a SWOT analysis and generate project ideas? r=68
10. Many organizations find duplicate or unneeded projects after they perform which step in project portfolio management? r=68 A. prioritizing the projects in their list B. dividing the projects into several categories based on type of investment C. putting all projects in one list D. applying
9. The goal of project portfolio management is to help maximize business value to ensure _______________. r=68 A. profit maximization B. enterprise success C. risk minimization D. competitive advantage
8. A college approved a project to provide discounts for faculty, students, and staff to use the city’s new light-rail system. Under what existing program might this project naturally fit? r=68 A. academic enrichment program B. fundraising program C. entertainment program D. transportation program
7. Which of the following is not a major benefit of grouping projects into programs? r=68 A. increasing revenues B. increasing authority C. saving money D. saving time
6. A _______________ is a methodology that converts an organization’s value drivers—such as customer service, innovation, operational efficiency, and financial performance—into a series of defined metrics.A. balanced scorecard B. weighted scoring model C. net present value analysis D.
Showing 5700 - 5800
of 6087
First
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
Step by Step Answers
Get 50% OFF
Claim Now
