Megaproject Management Lessons On Risk And Project Management From The Big Dig 1st Edition Virginia A. Greiman - Solutions

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Name two methods of determining activity duration estimates.
Define a RAM and explain how it’s used.
Why are codes used to identify elements in the WBS?
What is a work package?
Describe a work breakdown structure.
What are milestones, and what significance do they have to the project?
Name some of the purposes of activity sequencing.
What is the purpose of activity definition?
What does the communications plan document?
Why is it important to obtain sign-off of the project scope statement?
What is the purpose of the project scope management plan?
What is the purpose of a project scope statement?
Name three potential constraints for projects other than the triple constraints.
Why are assumptions often overlooked in the project planning process?
What are critical success factors?
How are requirements different from deliverables or goals?
Describe project deliverables.
What criteria should you use to define project goals?
What happens at a project kickoff meeting?
Who should sign the project charter, and why?
Who should publish the project charter?
State the purpose of the project charter.
Where should the stakeholder roles and responsibilities chart be documented and filed?
Describe the role of the project sponsor.
What are the most common financial methods used to weigh project selection criteria?
What is the purpose of the project concept document?
Name at least three needs or demands (also known as strategic considerations)that bring about projects.
Name the primary output of the Initiating process.
Name three effective communication techniques.
Name three effective listening techniques.
What are some of the things receivers are responsible for in receiving information?
What are some of the things senders are responsible for when communicating with team members or stakeholders?
Name the elements involved in information exchange.
What is an excellent rule to remember for information management?
What are some examples of looking-for-a-new-job zone activities, and why should you avoid them?
What are some examples of firefighting priorities?
Why is time management important?
What is the most important skill that a project manager can possess?
What does it mean when a person has a PMP?
Name the triple constraints and other common competing demands.
What is the definition of a constraint?
Name at least three criteria for determining whether your work assignment is a project.
Which project management process is the one most often skipped?
Name three of the things that you’ll accomplish during the Executing process.
Name three of the things that you’ll accomplish during the Planning process.
What are the five project management process groups?
What are some of the benefits of a projectized organization?
1. Is the sequence OXXXOXXXOXXOOOXOOXXOO random?a. Probably randomb. Probably not random
2. Linda is 31 years old, single, outspoken, and very bright. She majored in philosophy. As a student, she was deeply concerned with issues of discrimination and social justice, and she also participated in antinuclear demonstrations. Which of these statements is more probable?a. Linda is a bank
3. You have an urn with 30 red balls and 60 other balls that are either black or yellow. You don’t know the ratio of black to yellow, only that the total of black and yellow is 60. There is a prize for winning and no penalty for losing. Choose which wager you would prefer:a. You get $100 if you
4. Base rate fallacy. The correct answer is (e), or 0.98 percent. The base rate fallacy occurs when you don’t notice that the failure rate (1 in 100) is the not the same as the false alarm rate. The false alarm rate is completely different, because there are, after all, far more nonterrorists
5. Availability heuristic. There are roughly three times as many English words with r or k as the third letter than there are words that begin with r or k. However, it’s easier to think of words in the first group than words in the second group. The availability heuristic leads us to believe that
6. Framing effect. Which pair did you choose? In a 1981 study, Tversky and Kahneman presented this problem to two different groups.One got the first two choices; the other got the second pair. In the first, 72 percent preferred (a). In the second, 78 percent preferred (d).Mathematically, (a) and
In managing blind spots, whether yours or others, the common strategy begins with awareness and then progresses into action. Challenge your own assumptions and those of your team on a regular, habitual, and systematic basis.This is a vital strategy to follow throughout the life cycle of the
This chapter includes 25 common and not-so-common attributes of megaprojects. Can you think of two or three additional characteristics of megaprojects and, in particular, of the Big Dig that were not included in this long list?
What is the critical role of the project sponsor/owner (and the relative roles of sponsor, portfolio manager, and program manager in governing and managing projects)?
Review the three sample specifications highlighted in this chapter, and explain why project managers often fail to prevent ambiguity, which would help avoid delay and prevent disputes and costly litigation. How would you have changed the language in these three specifications to avoid ambiguity and
What processes and procedures will you need to perform integrated change control?
Contrast quality management with risk management. How are they alike? How are they different?
Describe in your own words the meaning of the following quote by one of America’s best-known entrepreneurs as it might apply to managing quality on a large scale project like the Big Dig. Success is a lousy teacher. It seduces smart people into thinking they can't lose. -Bill Gates
The contractor of the ABIG Construction Company is reviewing plans for the megaproject on which he is working and discovers that the specification was underestimated for the amount of support needed for the project’s cable-stayed bridge. In this type of bridge, the roadway is supported by cables
In a report released in January 2008, the nonprofit Ethics Resource Center (ERC) revealed that 52 percent of federal, 57 percent of state, and 63 percent of local government respondents witnessed violations of ethical standards, policies, or laws in their workplaces (ERC 2008). From the perspective
How can infrastructure development be used to advance and improve societal interests? As a project manager in a developing country where half the population lives on a dollar a day, what strategies would you implement to address poverty alleviation and social improvement?
Assume you are appointed by the U.S. Department of Transportation (USDOT) to serve as the project manager on one of the largest infrastructure projects in the history of the United States. What recommendations would you make to ensure transparency and oversight of this project?List five questions
Of the three major megaprojects to be implemented in the United States reported in the USDOT’s 2010 Financial Report, which do you think has the greatest risks and why? Be sure to include a brief analysis of technological, financial, construction, and operational risks. The megaprojects are (a)
What are the types of risk that are inherent in long-duration projects similar to the Big Dig? How can these risks be mitigated at the inception of the Project? Give three examples.
How does the life cycle of a megaproject differ from that of a smaller-scale project?
Why does Paul Schulman, an authority in policy making, argue that large-scale project policy represents the pursuit of objectives that cannot be fulfilled by a series of individualized, partial, and disaggregated steps?
What is meant by project delivery? What makes it a unique characteristic of megaprojects?
Why is continuity of management important in megaprojects such as the Big Dig? Keep in mind that the Big Dig spanned the terms of eight governors of the state of Massachusetts.
Why do projects without precedent create greater risk? Projects are defined as unique and one of a kind. Does that mean that all projects are without precedent?
Describe three socioeconomic impacts that were produced by the Big Dig.
What are the essential elements in a megaproject framework? Distinguish between project management (a) Practice, (b) Strategy, and (c) Theory by giving an example of each
What is the role of the professional organizations such as PMI, APM, IPMA, and AIPM in the management of megaprojects?
Define improvisation and agile project management, and explain how they are alike and how they are different.
Why are public projects highly scrutinized? Give an example of how public scrutiny can be managed on a megaproject
Merriam-Webster’s Online Dictionary defines ethics as ‘‘the discipline dealing with what is good and bad and with moral duty and obligation’’ and ‘‘the principles of conduct governing an individual or a group.’’In the federal government, employees swear an oath to the American
Is there a difference between project finance for public works projects like the Big Dig and purely private project finance? If so, what guidelines should be used to help distinguish the two?
Is a project that is fully funded by public sources but managed by a private consultant a good example of a public-private partnership? Why or why not? Does it meet the U.S. Department of Transportation’s definition of a PPP?
What is meant by innovative financing? Describe three examples of innovative financing used on the Big Dig.
What are the impacts to project finance when a public project has spiraling cost overruns? What are the project’s options when costs increase and funding is unavailable from public sources?
Explain what is meant by project uncertainty and describe how uncertainty impacts project finance and how uncertainty can be mitigated at the conceptual stage of the project.
Explain the meaning of cost-benefit analysis? Why is a cost-benefit analysis critical to obtaining commitment of project funding? How would you go about gathering data on the costs and benefits of a megaproject like the Big Dig?
Contrast the Eurotunnel project with the Big Dig and describe what you believe to be the major root cause of runaway costs on each of these projects. Dig deep into the research and think critically before responding to this question.
There are many benefits described in this chapter for the building of the Big Dig. Of all the benefits listed what is the most important benefit and why? What is the least important benefit and why?
As described in this chapter, the government owner can have multiple roles in a project. The owner may have the role of regulator, oversight authority, protector of the public interest, and project director. Assume in its role as project director that it is obligated to keep the project on
Explain the difference between stakeholder influence and stakeholder interest in a project. Is a stakeholder who has high influence on a project more important than a stakeholder who has a high interest in the project but no influence? Why or why not? Would you manage stakeholders with high
Describe two project management tools that can be used to measure the influence and interest of stakeholders.
Define the difference between internal and external stakeholders. Should these stakeholders be treated differently? Should internal stakeholders be given greater authority in the governance of the project than external stakeholders? Why or why not?
Why is it critical to keep the project stakeholders informed? What transparency mechanisms can you use to enhance communication with your stakeholders?
How can the trust of your stakeholders be developed on a large-scale project, and how can a trusting relationship be maintained?
Explain the concept of corporate social responsibility and how it can be applied for the benefit of all stakeholders on megaprojects.
What measures can you use to increase public confidence in the project?
Henry was manager of construction on the new Super Star Energy Project in Colorado and reported up to the director of project management. He was assigned to this project through the Big Moon Company, the corporation he worked for. One of his responsibilities at the Super Star Energy Project was to
What does governance structure mean on a public project? Why is it important?
How can you measure performance of a governance framework?
What should be the role of a governance board?
What are the critical success factors that should be measured by a project board?
Who owns the benefits on a project, and who has strategic responsibility for realizing these benefits?
What is the role of the strategic plan on a project, and who should have responsibility for the strategic plan?

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Megaproject Management Lessons On Risk And Project Management From The Big Dig 1st Edition Virginia A. Greiman - Solutions

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