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project management

Questions and Answers of Project Management

As part of the effort to upgrade the IT capabilities at Kimble College, the institution initiated a program more than five years ago to dramatically increase the size of the IT department while
Conceived in the 1980s as a device to accelerate particles in high-energy physics research, the Superconducting Supercollider (SSC) was a political and technical hot potato from the beginning. The
Speaking on the status of Honolulu’s Elevated Rail public transport system, former Hawaii Governor Benjamin Cayetano had an interesting message for President Trump: “As a lifelong Democrat and
What are the reasons that prevent an effective closeout?How can you avoid these?
Consider the case of the Navy’s Littoral Combat Ship in Case Study 14.3. Take the position that terminating this project after having invested so much in research and development represented a good
What are some of the reasons for terminating a project early?
Consider the concerns that a project manager may face when closing a project illustrated in Table 14.2. What are the most difficult concerns to deal with? What are the easiest?Why?
Imagine that you are working on a project that entails constructing a building, for which you have multiple supplier contracts in place. How can you prevent claims and disputes on a project like this
Search the Internet for links to the Boston Tunnel, “The Big Dig”; the Channel Tunnel, “The Chunnel”; and London’s Millennium Dome. Why do you think these projects were supported to their
Go to https://hbr.org/2003/02/why-bad-projects-are-sohard-to-kill and read the perspective on the difficulty in killing bad projects. What are some of the critical stories or pieces of advice offered
Go to http://cs.unc.edu/~welch/class/comp145/media/docs/Boehm_Term_NE_Fail.pdf and read the article “Project Termination Doesn’t Equal Project Failure”by Barry Boehm. Summarize his main
Go to www.pmhut.com/wp-content/uploads/2008/03/project-closeout-document.pdf. Critique the content of this closeout form. What information would you suggest adding to the form to make it a more
Go to a search engine (Google, Yahoo!, Ask, etc.) and enter the term “project failure” or “project disaster.” Select one example and develop an analysis of the project. Was the project
When does a project close?a. When a project is canceledb. When a project runs out of moneyc. When a project is successfully completedd. All the above are correct answers
You have just completed your project and have to confront the final activities your company requires when putting a project to bed. Which of the following activities is not expected to be part of the
Your project is nearing completion. At your request, members of your project team are grouping together critical project documentation, including contracts and financial records, change orders, scope
The execution phase of the IT project has just finished. The goals of this project were to update order-entry systems for your company’s shipping department. Which of the following is the next step
The team has just completed work on the project. By all accounts, this was a difficult project from the beginning and the results bear this out. You were over budget by 20% and significantly behind
During project closeout, you are required to attend to activities related to all the following except:a. Conducting post-project reviewb. Obtain acceptance by the customer or sponsor to formally
During project closeout, you are required to attend to all these additional activities except:a. Apply appropriate updates to all organizational processesb. Archive relevant project documentationc.
The Closing Process Group in PMBoK refers to:a. Processes performed to finalize all activities to formally close the project or phaseb. Processes performed to complete the work defined in the project
Which of the following is a critical document to prepare during the closeout phase?a. Change requestsb. Lessons learnedc. Control chartsd. Integrated communications plan
You have completed a transportation hub project for a difficult customer who has been dissatisfied with the manner with which your organization managed his project.The project has been delayed for
The chapter suggests that it is critical for projects to be aligned with the strategic focus of an organization. Table 2.1 gives some examples of projects reflecting strategy.Consider the following
Scoring Model. Now assume that for Problem 3.14, the importance weights are altered as follows:How does this new information alter your decision? Which project now looks most attractive? Why?Problem
The required rate of return is 12%, and the expected rate of inflation over the life of the project is forecast to remain steady at 3%. Should you invest in this project?
For your answer to Problem 3.11, construct an argument as to why this selection process is useful for deciding which project is best. Now, construct a counterargument to criticize this choice. In
Scoring Model. Suppose the information in Problem 3.13 was supplemented by importance weights for each of the four assessment criteria, where 1 = low importance and 4 = high importance:Assume, too,
Screening Model. Consider the following weighted criteria for assessing the viability of different charity event project proposals.• Cost (3)• Location (4)• Team expertise (3)• Celebrity
Profile Model. Using the information from the profile model in Problem 3.18, construct an argument as to why project B is preferable to project C.Problem 3.18Profile Model. Assume the project profile
Discounted Payback. Your company is considering a high-risk project that could yield strong revenues but will involve a significant up-front investment. Because of this risk, top management is
Suppose for the previous Problem 3.21, that your firm has decided to raise their required rate of return to 20%. How long will it take to pay back your initial investment now?Problem 3.21Discounted
Suppose for the previous Problem 3.21, that your CEO is highly risk averse and will not invest in any project with a payback longer than three years. Assuming a required rate of return of 15%, what
Go to the Web sites for the following organizations:a. Merck & Company Pharmaceuticals: www.merck.com/about002Fb. Boeing Corporation: http://www.boeing.com/boeing/companyoffices/aboutus/index.pagec.
This chapter suggests that considering contractual arrangements is an important factor when managing the project scope. What are the advantages and limitations of turnkey and cost-plus contracts?
On January 14, 2011, Secretary of Homeland Security Janet Napolitano made it official: the Virtual Fence Project was to be officially canceled. In her statement explaining the decision, Napolitano
Go to www.mindtools.com/pages/article/newTMC_07.htm and read the article on managing risks. What does the article say about creating a systematic methodology for managing project risks? How does this
Using the keyword phrase “cases on project risk management,” search the Internet to identify and report on a recent example of a project facing significant risks. What steps did the project
All the following would be considered examples of significant project risks except:a. Financial risksb. Technical risksc. Commercial risksd. Legal riskse. All are examples of significant potential
Assume you are a project cost engineer calculating the cost of a repetitive activity for your project. There are a total of 20 iterations of this activity required for the project. The project
Assume that you are a project manager in a software firm and have been asked to calculate the expected cost for a new fast-food epos system. Referring to historical information, you know that the
Go to the Internet and search using the phrase “cost analysis tools.” What are some of the links and examples of cost analysis as it applies to projects?
Suppose that we add some duration estimates to each of the activities from Exercise 9.28. A portion of the revised table is shown here. Recreate the network diagram for this project and note how MS
A building contractor is working on a vacation home and is looking over his schedule. He notices that the schedule calls for the foundation footers to be poured and then the rough floor decking to
Your project team is working on a brand-new project with leading-edge technology. As a result, it is very difficult for your team to give reasonable accurate estimates for how long their activities
Activity slack (also known as float) can be calculated through which of the following means?a. Early finish (EF) – late finish (LF)b. Early finish (EF) – early start (ES)c. Late finish (LF) –
Your project team is working from a network diagram. This type of tool will show the team:a. Activity precedenceb. Duration estimates for the activities and overall schedulec. The dates activities
What do we mean by an activity’s late finish date?a. The latest an activity can finish without delaying the subsequent activityb. The latest an activity can finish without delaying the projectc.
Which of the following would result from activity sequencing?a. Activity-on-Node diagramb. External dependenciesc. Resource levelingd. The project critical path
Hammock activities are simply:a. Another name for dependenciesb. An activity sequencing ladderc. A means for disaggregating the project network into logical summariesd. The shortest activity path
The fact that a product must first be prototyped before it can be tested is an example of:a. A mandatory dependencyb. An external dependencyc. A discretionary dependencyd. A milestone gate
What is the difference between a Gantt chart and a milestone chart?a. There is no difference; they are the same thingb. A milestone chart shows only major events, while a Gantt chart shows more
Explain what the term “lag” means by explaining the differences between the four logical relationships presented:a. Finish to startb. Finish to finishc. Start to startd. Start to finish
Joe has worked for Blanque Cheque Construction (BCC)for five years, mainly in administrative positions. Three months ago, he was informed that he was being transferred to the firm’s project
Consider the common problems with project cost estimation and recall a project with which you have been involved.Which of these common problems did you encounter most often? Why?
This chapter suggests that “estimating project costs is a challenging process that can resemble an art form as much as science.” Describe the different methods used to estimate costs on a
Explain the concept of activity-based costing. What are the steps involved in this process?
Go to http://management.about.com/lr/project_time_ management/174690/1/ and click on “Project Management” on the left side of the screen. When you consider several of the articles on time
Go to www.infogoal.com/pmc/pmcart.htm and examine some of the archived articles and white papers on project planning and scheduling. Select one article and synthesize the main points. What are the
Key in “project scheduling” for a search of the Web. Hundreds of thousands of hits are generated from such a search.Examine a cross section of the hits. What are some of the common themes found
Key in a search with the prompt “projects in ” in which you select a country of interest (e.g., “projects in Finland”). Many of the projects generated by such a search are
Consider the following information that you have compiled regarding the steps needed to complete a project. You have identified all relevant steps and have made some determinations regarding
Suppose we have a complete activity predecessor table (shown here) and we wish to create a network diagram highlighting the activity sequence for this project. Using MS Project, enter the activities
Suppose a project plan had three distinct paths through the network. The first path consisted of activities A (3 days), B (4 days), and C (2 days). The second path consisted of activities D (4 days),
What are the benefits and drawbacks of the profile model for project screening? Be specific about the problems that may arise in identifying the efficient frontier.
Suppose that you work in the pharmaceutical industry and have been asked to undertake a checklist exercise to assess which new drug development project to accept. The organization has decided on the
How can the project portfolio matrix help an organization to support overall strategic integration?
You have been tasked with advising senior management on whether to invest in a project that will involve purchasing a new piece of high-spec software for greater efficiency in supply and demand
Net Present Value. Your organization must decide on whether to accept a project that has been requested by the research and development department. The initial investment is $350,000. The team has
Access the Web site https://teamblue.unicomsi.com/products/focal-point/?cm_mc_uid=8153203956171487 3469682&cm_mc_sid_50200000=1487346968. What is IBM’s philosophy regarding project portfolio
Pureswing Golf, Inc., manufactures and sells a full line of golf equipment including clubs, golf balls, leisurewear, and ancillary equipment (bags, rain gear, towels, etc.). The company competes in a
Recently Kathy Smith, a project manager for a large industrial construction organization, was assigned to oversee a multimillion-dollar chemical plant construction project in Southeast Asia. Kathy
”Volkswagen obfuscated, they denied, and they ultimately lied.” These were the words of U.S. Attorney General Loretta Lynch, as she set out how the German carmaker would be punished for
John James has worked at one of the world’s largest aerospace firms for more than 15 years. He was hired into the division during the Clinton years when many people were being brought onto the
Table 4.2 ranks the characteristics of project managers who lead in order of importance. Evaluate the order of ranking and explain your answer.Table 4.2 TABLE 4.2 Characteristics of Project Managers
Why is the growing nature of professionalism in project management an important consideration for organizations today? Can you identify any other organization that formally recognizes project
Consider the Odebrecht case and its habit of using bribes and kickbacks to secure project contracts. In what ways is this unethical behavior the fault of the firm, and how is it the fault of the
Identify an individual you would call a business leader. Search the Web for information on this individual. What pieces of information cause you to consider this individual a leader?
Go to the Web site www.debian.org/devel/leader and evaluate the role of the project leader in the Debian Project.What is it about the duties and background of the project leader that lets us view him
Knut Yrvin functions as the team leader for an initiative to replace proprietary operating systems with Linux-based technology in schools in Norway (the project is named“Skolelinux”). Read his
Project champions can dramatically improve the chances of project success, but they can also have some negative effects. For example, projects championed by a well-known organizational member are
Search the Web using the key words “construction project corruption.” The link: https://www.weforum.org/agenda/2016/02/why-is-the-construction-industry-socorrupt-and-what-can-we-do-about-it/
The project manager spends a great deal of her time communicating with project stakeholders. Which of the following represent an example of a stakeholder group for her project?a. Top managementb.
Effective leadership involves all the following, except:a. Managing oneself through personal time management, stress management, and other activitiesb. Managing team members through motivation,
A project manager is meeting with his team for the first time and wants to create an environment in which relationships develop positively. Which of the following guidelines should he consider
Joan is very motivated to create a positive project experience for all her team members and is reflecting on some of the approaches she can take to employ leadership, as opposed to simply managing
Frank has been learning about the effect of emotional intelligence on his ability to lead his project effectively. Which of the following is not an example of the kind of emotional intelligence that
What is the PRIMARY objective of the project manager?a. To follow PMI’s processes and get certifiedb. To amaze the customerc. To deliver maximum value to the organizationd. To deliver the agreed
The best way you can help your project as its leader is to:a. Manage an open and active communication network among all key stakeholdersb. Present your team with a clear vision of the critical nature
What is the most important function the project manager serves?a. Communicatingb. Staffingc. Motivatingd. Rewarding
An emotional intelligence trait that is critical to effective leadership is:a. Gate-keepingb. Empathyc. Conflict avoidanced. Team member awareness
Sarah is a senior manager who, although not part of the project team, has worked actively with members of a critical project, helping them acquire additional resources, coordinating their activities
With the announcement that California would be committing $4.3 billion to the construction of a 29-mile rail link between the cities of Fresno and Madera in the state’s Central Valley,
The ELV (extra low voltage) project, which was meant to install, test, and commission IT, communications infrastructure, and services for the Five Star Hotel in Bahrain,concluded in 2011. The project
In 2011, one of the most complex and difficult congressional budget decisions in years finally determined the fate of the Marine Corps’ Expeditionary Fighting Vehicle (EFV). Given the numerous
What are the reasons for developing a business case as part of scoping requirements? How would an organization use this document?
Sustainable project development has many features and can mean many things when beginning a project. If you were to identify three critical messages that explain what sustainable project management
Prepare a group project for the classroom. Use as your model one of the following:a. Construction projectb. Software development projectc. Events management project (e.g., an awards banquet)d. New
Using the project you identified in Problem 1, create a Responsibility Assignment Matrix (RAM) for it, identifying at least six fictitious project team members.Problem 1What are the principal
Research a real project through library resources or the Internet and develop a brief scope statement for the project, a general WBS, and any other information pertaining to the scope management for

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