1. 2. This case involves Pureswing Golf, and illustrates the problems when organizations attempt to locate...

Transcribed Image Text:

1. 2. This case involves Pureswing Golf, and illustrates the problems when organizations attempt to locate competent project managers without any systematic plan for identifying and training good potential candidates. They are discovering that the "voluntary approach," whereby new project managers are solicited seemingly at random from around the company, simply does not work. Many of these individuals likely do not have the skills or a reasonable understanding of what it takes to effectively manage projects. i. Identify TWO (2) important project managers' personal characteristics that support a higher likelihood of their success. Explain your answers. (5 Marks) The concept of "emotional intelligence" is said to be related to the duties of project managers. i. There are FIVE (5) elements of emotional intelligence. Identify these five elements. (5 Marks) ii. Based on your answer in Question 2, explain why EACH element is critical to project management successes. (10 Marks) [Total: 15 Marks] 3. i. Draw ALL stages constitute in a project life cycle. Label and describe EACH stage. (8 Marks) ii. Explain the significance of understanding the life cycle to understand project. (4 Marks) [Total: 12 Marks] 4. Explain any THREE (3) reasons that might lead to cost/budget overruns in a project work. (6 Marks) BAGB3043/BAGB3044 - Project Management 5. Calculate the CUMULATIVE COST in February in below time-phased budget. (4 Marks) Activity Survey January 8,000 February March April Design 5,250 4,500 Dirt 6,700 Foundation 12,550 Framing 37,250 Plumb 7,800 Wire 5,500 6. 7. The project would require the services of a senior muralist, a junior muralist, and a gofer. The senior muralist has an annual salary of RM120,000, the junior muralist draws an annual salary of RM75,000, and the gofer makes RM30,000 per year. It is anticipated that the project will require 25 hours of senior muralist time, 40 hours of junior muralist time, and 60 hours of gofer time. Overhead charges vary by position; the gofer has a lower overhead rate (30%) than the two muralist positions (50%). Use 2080 hours as an estimate for the number of hours in a year and a 15% factor for personal time. What is the total direct labour cost for the project? (Round your answers into TWO (2) decimal points) (7 Marks) (i) Use the data below to calculate the Schedule Performance Index (SPI) for the project for the end of WEEK 10. The percentage of earned value as of the end of week 10 is indicated in the table. (Round your answers into TWO (2) decimal points) (4 Marks) Duration (weeks) Week 5 10 15 20 25 BAC % Comp Task Conceptual 10,000 6,000 16,000 100% design Graphics design 12,000 6,000 4,000 22,000 30% Copyright 4,000 5,000 6,000 15,000 0% Samples 4,000 2,000 6,000 0% Tooling 6,000 9,000 4,000 19,000 0% Production 2,000 6,000 14,000 22,000 0% (ii) Based on the schedule performance index, identify the new estimated time to completion. (Round your answers into TWO (2) decimal points) (2 Marks) [Total: 6 Marks] 8. (i) Use the earned value table below to determine the Estimated Time to Completion given the indicated state of the project. (Round your answers into TWO (2) decimal points) Duration (weeks) (11 Marks) Activity 5 10 15 A 850 350 B 400 125 C 1,275 650 D E F 2800 4,500 350 680 400 20 25 30 35 BAC % Complete 1,200 100% 525 100% 1,925 100% 7,650 95% 75% G Monthly |1,080 125 875 1,000 80% 300 1200 1,500 45% 900 650 1,350 3,875 4,780 850 2,000 Actual Cost (ii) Identify the new Estimated Cost to Completion for the project. (Round your answers into TWO (2) decimal points) (4 Marks) [Total: 15 Marks] **END OF QUESTIONS** 1. 2. This case involves Pureswing Golf, and illustrates the problems when organizations attempt to locate competent project managers without any systematic plan for identifying and training good potential candidates. They are discovering that the "voluntary approach," whereby new project managers are solicited seemingly at random from around the company, simply does not work. Many of these individuals likely do not have the skills or a reasonable understanding of what it takes to effectively manage projects. i. Identify TWO (2) important project managers' personal characteristics that support a higher likelihood of their success. Explain your answers. (5 Marks) The concept of "emotional intelligence" is said to be related to the duties of project managers. i. There are FIVE (5) elements of emotional intelligence. Identify these five elements. (5 Marks) ii. Based on your answer in Question 2, explain why EACH element is critical to project management successes. (10 Marks) [Total: 15 Marks] 3. i. Draw ALL stages constitute in a project life cycle. Label and describe EACH stage. (8 Marks) ii. Explain the significance of understanding the life cycle to understand project. (4 Marks) [Total: 12 Marks] 4. Explain any THREE (3) reasons that might lead to cost/budget overruns in a project work. (6 Marks) BAGB3043/BAGB3044 - Project Management 5. Calculate the CUMULATIVE COST in February in below time-phased budget. (4 Marks) Activity Survey January 8,000 February March April Design 5,250 4,500 Dirt 6,700 Foundation 12,550 Framing 37,250 Plumb 7,800 Wire 5,500 6. 7. The project would require the services of a senior muralist, a junior muralist, and a gofer. The senior muralist has an annual salary of RM120,000, the junior muralist draws an annual salary of RM75,000, and the gofer makes RM30,000 per year. It is anticipated that the project will require 25 hours of senior muralist time, 40 hours of junior muralist time, and 60 hours of gofer time. Overhead charges vary by position; the gofer has a lower overhead rate (30%) than the two muralist positions (50%). Use 2080 hours as an estimate for the number of hours in a year and a 15% factor for personal time. What is the total direct labour cost for the project? (Round your answers into TWO (2) decimal points) (7 Marks) (i) Use the data below to calculate the Schedule Performance Index (SPI) for the project for the end of WEEK 10. The percentage of earned value as of the end of week 10 is indicated in the table. (Round your answers into TWO (2) decimal points) (4 Marks) Duration (weeks) Week 5 10 15 20 25 BAC % Comp Task Conceptual 10,000 6,000 16,000 100% design Graphics design 12,000 6,000 4,000 22,000 30% Copyright 4,000 5,000 6,000 15,000 0% Samples 4,000 2,000 6,000 0% Tooling 6,000 9,000 4,000 19,000 0% Production 2,000 6,000 14,000 22,000 0% (ii) Based on the schedule performance index, identify the new estimated time to completion. (Round your answers into TWO (2) decimal points) (2 Marks) [Total: 6 Marks] 8. (i) Use the earned value table below to determine the Estimated Time to Completion given the indicated state of the project. (Round your answers into TWO (2) decimal points) Duration (weeks) (11 Marks) Activity 5 10 15 A 850 350 B 400 125 C 1,275 650 D E F 2800 4,500 350 680 400 20 25 30 35 BAC % Complete 1,200 100% 525 100% 1,925 100% 7,650 95% 75% G Monthly |1,080 125 875 1,000 80% 300 1200 1,500 45% 900 650 1,350 3,875 4,780 850 2,000 Actual Cost (ii) Identify the new Estimated Cost to Completion for the project. (Round your answers into TWO (2) decimal points) (4 Marks) [Total: 15 Marks] **END OF QUESTIONS**