Question: a) Pressure from the within and without could potentially generate change resulting in increased complexity of the management task, which could lead to jeopardizing cost

a) Pressure from the within and without could

a) Pressure from the within and without could potentially generate change resulting in increased complexity of the management task, which could lead to jeopardizing cost and project certainty. Discuss this statement in the context of the conversation between the Project Manager and the Lab Manager. (7 marks) b) Kimberly hired Dian Griffiths to be her assistant. Dian has just completed a Project Management course and based on her knowledge of project management; Dian has suggested that communication is key to the success of projects. As such, she stated that "Good communications channels must be established between all resource managers." She has identified 8 such resource managers with whom she needs to communicate. Due to some internal and external organizational changes, three new workers have been added with whom she needs to communicate. She also had to add an external contractor, Horace Officer. What is the maximum number of communication channels and would you recommend that Dian utilize all of them in this situation? Justify your recommendation. (6 marks) c) Kimberly assigned Francine Powell a project work package which needs to be completed in 6 months. The approved budget for this project is 200,000 USD with a constant burnt rate (the same amount is spent every month). 2 months have passed and Francine has spent 60,000 USD. Upon close review, she finds that only 25% of the work has been completed. Stefanie, a Cost Portfolio Management expert is being asked to assist Francine by calculating and analyzing the following: i. the Schedule Performance Index (SPI) and Cost Performance index (CPI) (4 marks) ii. the Estimate at Completion (EAC) and the Variance at Completion (VAC), should no measures be taken to correct any variances identified. (4 marks) iii. What advice should Stefanie have for Francine based on (i) and (ii)? (4 marks)

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