Advanced Concepts: Project Planning and Control.

6. The terms "Project Driven" and "Non-Project Driven" are used frequently in project management theory when describing organizations. Explain in two or three short sentences the difference between those terms.  

7. The Quality "Gurus" include Deming, Juran, Crosby, Ishikawa, Taguchi and Feigenbaum. Select any three, and in a sentence or two describe one or more of their unique contributions to the discipline. 

8. Earned Value Analysis is at the heart of project control. Here's an example: The total budget for a project is $1,250,000. Assume that the project has an actual cost at month 22 of $540,000, a scheduled cost of $523,000, and an earned value of $535,000. (a) What is the Schedule Variance and the Cost Variance? (b) What is the SPI and CPI? (c) What is it now estimated that the project cost when it is ultimately completed? (d) What is it going to cost from here forward to complete the project?

 

9. In project management, one must do more than analyze it; one must deal with it. There are five standard options for handling negative risk. In one word apiece, name them.

 

10. One way to categorize the costs of quality is as the "cost of conformance" vs. the "cost of non-conformance." But the more widely used classification divides them into four specific categories. One of those is "prevention costs." What are the other three?   

11. Projects have different sorts of phases, depending on the typEEEe aAAAnd/or industry. A frequent mistake is made when project phases are confused with the PMBOK five Process Groups. in three or four sentences, explain the difference.

 

12. Few things are more misunderstood in project management than cost estimates. They are frequently classified into three categories, based on their degree of accuracy. What are those three categories? (You need not note the accuracy percentages; just the names of the categories.) ANSWER:

13. Among the commonly used concepts/terms in project procurement management are "RFP" and "RFQ." What do those terms mean, and what is the difference between them?

 

14. Using the AON diagram for this project, (a) What is the Critical Path? (b) What is the length of the project (assume the durations are in days)? (c) What is the Early Start (ES) of Activity "F"? (d) What is the Late Start (LS) of Activity "E"? (e) What is the Total Float (TF) of Activity "C"? Do not try to do, and then submit the AON diagram on the computer (unless you want to). Just give the answers to the above questions. Activity Description Predecessors Duration A Procure materials - 3 B Prepare site - 6 C Prepare request for city approval - 2 D Prefabricate building and deliver to site A 5 E Obtain city approval C 2 F Install connecting lines to main system A 7 G Erect building and equipment on site B,D,E 4.

 

15. Changes and their management are significant parts of project procurement management. There are numerous types of changes, and one of the most worrisome can be the "Constructive Change." Explain in two or three sentences what is meant by that term. 

Answer rating: 100% (QA)

6 The term Project Driven refers to organizations that place a high emphasis on managing projects as a core part of their operations while NonProject ... View the full answer