Bus 204 project management 1628

BUS 204 Project Management -  Final Test
Reference: Project Management Achieving Competitive Advantage. 3rd edition. Jeffrey K. Pinto

1.Imagine you are a project team member on a project that has been missing deadlines, not producing the technological results hoped for, and is a source of problems between your team and the customer.  You have just been informed that the project is being cancelled?  In what ways is this good news and how would you view it as bad news?

2.Using the following data, calculate the planned and actual monthly budgets through the end of June.  Assume the project is planned for a 12-month duration and $250,000 budget.  

Activity		Jan	Feb	Mar	Apr	May	Jun	Plan	% C	Value

Staffing		8	7					15	100		

Blueprinting			4	6				10	100 		

   Development			2	8			10	70 		

Full Design					3	8	10	21	67 		

Construction						2	30	32	25 		

Transfer							10	10	0 		

Monthly Plan											
Monthly Actual 	10	15	6	14	9	40	
Cumul. Actual											

3.What do the schedule performance index and budget performance index demonstrate?  How can a project manager use this information to estimate future project performance? 

4.  Comment on the different methods for project termination.  How have you seen an example of one of these methods, through either your school or work experience?

5) Compute early and late start and finish times for the network shown.


Early and late start and finish times are given in the table.

Task	Early Start	Early Finish	Late  Start	Late Finish
A	0	6	0	6
B	6	11	16	21
C	18	27	21	30
D	6	10	14	18
E	18	30	18	30
F	6	18	6	18
G	30	38	30	38


6) Use the values in the table to calculate activity durations and variances for the project. Which path is critical? How closely should the other path be watched and why?
Activity	Predecessor	Optimistic	Likely	Pessimistic
A	--	4	6	10
B	A	2	5	8
C	A	6	7	9
D	B	3	9	20
E	C	7	9	11
F	D,E	7	11	19

7) A project manager ascertained that five different resources are needed to complete a project that has been estimated to last 37 days. Just to be on the safe side, the project manager told the client that the project would definitely be delivered in 40 days and 40 nights and arranged to rent the resources for that period of time. The project manager goes to the local rental center at the start of day 1 of the project, signs a 40-day lease agreement for all five resources, and brings them to the site to begin the project. Analyze the Gantt chart and resource list (activity durations are in parenthesis) and determine how much money is being wasted with this rental plan. If each resource could be rented for just the time it takes to complete each activity, what would the charge to the project be?


Number	Daily Rate
1	$1,000
2	$1,200
3	$500
4	$750
5	$800

Activity	Length	Activity	Length
H	3	S	3
M	9	J	1
P	6	W	4
B	7	T	4
R	9	G	4
F	5	K	10

8) What is the student syndrome and what makes it a useful model for highlighting common project efforts?

9) Create a resource loading table and perform resource leveling on the project composed of the activities in this table. Activities listed in the table are measured in the number of eight-hour days. The maximum amount of time used per day is 16 hours.
Activity	Time	Predecessor
A	6	--
B	1	--
C	2	A, B
D	4	--
E	1	C, D
F	1	E
G	6	E
H	4	F
J	4	F
K	3	G, H
L	5	J, K
M	3	L

10) Identify a different key success driver and inhibitor for the project stages of formation, build-up, main phase, and close-out.

11) Sketch the Seven Elements of Project Closeout Management model and discuss what takes place at each step.

Finishing the work —
Handing over the product —
Gaining acceptance for the product —
Harvesting the benefits —
Reviewing how it all went —
Putting it all to bed —
Disbanding the team — 
Custom Writings Help
Calculate your paper price
Pages (550 words)
Approximate price: -

Why Work with Us

Top Quality and Well-Researched Papers

We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.

Professional and Experienced Academic Writers

We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.

Free Unlimited Revisions

If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.

Prompt Delivery and 100% Money-Back-Guarantee

All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.

Original & Confidential

We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.

24/7 Customer Support

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

Total price:

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.


Essay Writing Service

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.


Admission Essays & Business Writing Help

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.


Editing Support

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.


Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.