Chapter 12: Scope Planning cc BY SA Available under Creative Commons-ShareAlike 4.0 International License (http://creativecommon 5.org/licenses/by-sa/4.0/). 1. A project to put on a major international sporting competition has the following major deliverables: Sports Venues, Athlete Accommodation, Volunteer Organization, Security, Events, and Publicity (which has already been broken down into pre-event publicity and post-event publicity.) Prepare a WBS for any single major deliverable on the list. Remember the 100 percent rule, and number your objectives.Define each term in your own words, calculate these values for the above project, and show your work: Chapter 16: Procurement Management Available under Creative Commons-ShareAlike 4.0 International License (http://creativecommon s.org/licenses/by-sa/4.0/). 1. In addition to cost, what factors should be considered in selecting a building contractor? What can go wrong if the lowest bid is selected and nothing else is considered? (Answer in your own words, maximum 70 words.) 251 2. What is the difference between an RFP and an RFQ? Give two specific examples where an RFQ could be used and two specific examples where it is more likely that the organization will go with an RFP. (Use examples NOT from your textbook.) 3. Cost reimbursable contract calculation. 1. A contract calls for a total payment of $800,000 with a guarantee. Essentially the contractor is guaranteed to make at least $200,000 above his costs. If the contractor can demonstrate his costs exceed $600,000, the project will pay the difference, with a $50,000 ceiling on the overage. The contractor demonstrates he spent $623,000. How much (gross) must the project remit to the contractor? 2. Another option for the same contract has the contractor guaranteed to be paid his costs plus 20%, for costs that exceed $600,000. With the same initial assumption-guarantee of $800,000 gross payment (no requirement to itemize costs), but if the contractor can show that costs exceed $600,000, the project will pay $800,000 plus the costs that exceed $600,000, plus 20% of those excess costs, with a ceiling of $900,000 gross. The contractor demonstrates he spent $623,000. How much (gross) must the project remit to the contractor? 3. Under option 3.2, at what dollar amount of total costs would the contractor be assuming all of the excess costs beyond that point? 4. In which option did the project assume more of the risk of a cost overrun? Explain. Chapter 17: Quality Planning Available under Creative Commons-ShareAlike 4.0 International License (http://creativecommon s.org/licenses/by-sa/4.0/). 1. Prepare a Pareto chart of the possible causes for a student to fail a final examination in a university course. 2. Vehicles are identified by RFID tags in order to collect bridge tolls. The project manager is considering two different technologies for RFID readers. By sampling two different options, the following data are collected about the accuracy of the readers: Option 1: 99, 98, 99, 94, 92, 99, 98, 99, 94, 90 Option 2: 98, 97, 97, 97, 98, 98, 97, 97, 98 Calculate the mean, mode, and standard deviation of the two options. Chapter 19: Risk Management Planning Available under Creative Commons-ShareAlike 4.0 International License (http://creativecommon s.org/licenses/by-sa/4.0/). 1. Describe the general processes that should be followed in managing risks throughout a project. Be sure to include the general sequence in which these processes are carried out. 252 2. Prepare a sample risk register for a project to put humans on Mars (four or five risks). 3. Prepare a probability versus impact matrix for your school's Winter Club ski trip (at least four identifiable risks). 4. For one of the risks you have identified in question 2 or 3, describe how it could be avoided, transferred, mitigated, or accepted 5. What is the difference between qualitative and quantitative risk analysis? Which one is always done? Why is the other one not always done for every project