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Hi there, This is a CASE STUDY and i need answers of just PART 4 and PART 5 please ASAP 4:12 PM Thu Jul 9

image text in transcribedimage text in transcribedHi there, This is a CASE STUDY and i need answers of just PART 4 and PART 5 please ASAP

4:12 PM Thu Jul 9 904 90% Proejct_Case Study.docx Part 1 due on 11:59 pm June 11, 2020 1. Establish the project objective and make a list of your assumptions about the project 2. Develop a work breakdown structure (WBS) 3. Prepare a list of the specific activities that need to be performed to accomplish the project objective 4. For each activity, assign the person who will be responsible 5. Create a network diagram that shows the sequence and dependent relationships of all the activities. Part 2 due on 11:59 pm June 25, 2020 1. Develop an estimated duration for each activity. Responses should use the list of tasks developed in chapter 4 and include the estimated duration for each task. 2. Using a project start time of 0 (or May 15) and a required project completion time of 180 days (or November 15), calculate the ES, EF, LS, and LF times and total slack for each activity. If your calculations result in a project schedule with negative total slack, revise the project scope, activity estimated durations, and/or sequence or dependent relationships among activities to arrive at an acceptable baseline schedule for completing the project within 180 days (or by November 15). Describe the revisions you made. 3. Determine the critical path and identify the activities that make up the critical path. 4. Produce a bar chart (Gantt Chart) based on the ES and EF times from the schedule in item. Part 3 due on 11:59 pm July 02, 2020 Using the responsibility assignments you made in Part 1 and the baseline schedule you developed in Part 2, now develop a resource requirements table (similar to Figures 6.3), for each resource, based on an as-soon-as-possible (ASAP) schedule. Part 4 due on 11:59 pm July 09, 2020 1. Using the schedule from Part 2, estimate the cost for each activity. 2. Determine the total budgeted cost for the project. 3. Prepare a budgeted cost by period table (similar to Figure 7.5) and a cumulative budgeted cost (CBC) curve (similar to Figure 7.6) for the project. Part 5 due on 11:59 pm July 23, 2020 1. Identify at least four risks that could jeopardize the project. 2. Create a risk assessment matrix including a response plan for each of the risks. 1 Hanson College_BUS1037_Project Management 4:12 PM Thu Jul 9 904 90% Proejct_Case Study.docx CASE STUDY 1 A Not-for-Profit Medical Research Center You are Alexis, the director of external affairs for a national not-for-profit medi- cal research center that does research on diseases related to aging. The center's work depends on funding from multiple sources, including the general public, individual estates, and grants from corporations, foundations, and the federal government. Your department prepares an annual report of the center's accomplishments and financial status for the board of directors. It is mostly text with a few charts and tables, all black and white, with a simple cover. It is voluminous and pretty dry reading. It is inexpensive to produce other than the effort to pull together the content, which requires time to request and expedite information from the cen- ter's other departments. At the last board meeting, the board members suggested the annual report be "upscaled into a document that could be used for marketing and promotional purposes. They want you to mail the next annual report to the center's various stakeholders, past donors, and targeted high-potential future donors. The board feels that such a document is needed to get the center in the same league" with other large not-for-profit organizations with which it feels it competes for dona- tions and funds. The board feels that the annual report could be used to inform these stakeholders about the advances the center is making in its research efforts and its strong fiscal management for effectively using the funding and donations it receives. You will need to produce a shorter, simpler, easy-to-read annual report that shows the benefits of the center's research and the impact on people's lives. You will include pictures from various hospitals, clinics, and long-term care facilities that are using the results of the center's research. You also will include testimo- nials from patients and families who have benefited from the center's research. The report must be "eye-catching." It needs to be multicolor, contain a lot of pictures and easy-to-understand graphics, and be written in a style that can be understood by the average adult potential donor. This is a significant undertaking for your department, which includes three other staff members. You will have to contract out some of the activities and may have to travel to several medical facilities around the country to take photos and get testimonials. You will also need to put the design, printing, and distribu- tion out to bid to various contractors to submit proposals and prices to you. You estimate that approximately 5 million copies need to be printed and mailed. It is now April 1. The board asks you to come to its next meeting on May 15 to present a detailed plan, schedule, and budget for how you will complete the proj- ect. The board wants the annual report in the mail" by November 15, so potential donors will receive it around the holiday season when they may be in a "giving mood. The center's fiscal year ends September 30, and its financial statements should be available by October 15. However, the nonfinancial information for the report can start to be pulled together right after the May 15 board meeting. Fortunately, you are taking a project management course the evenings at the local university and see this as opportunity to apply what you have been learning. You know that this is a big project and that the board has high expec- tations. You want to be sure you meet their expectations and get them to approve the budget that you will need for this project. However, they will only do that if they are confident that you have a detailed plan for how you will get it all done. You and your staff have six weeks to prepare a plan to present to the board on May 15. If approved, you will have six months, from May 15 to November 15, to implement the plan and complete the project. Your staff consists of Grace, a marketing specialist; Levi, a writer/editor; and Lakysha, a staff assistant whose hobby is photography (she is going to college part-time in the evenings to earn a degree in photojournalism and has won sev- eral local photography contests). 4:12 PM Thu Jul 9 904 90% Proejct_Case Study.docx Part 1 due on 11:59 pm June 11, 2020 1. Establish the project objective and make a list of your assumptions about the project 2. Develop a work breakdown structure (WBS) 3. Prepare a list of the specific activities that need to be performed to accomplish the project objective 4. For each activity, assign the person who will be responsible 5. Create a network diagram that shows the sequence and dependent relationships of all the activities. Part 2 due on 11:59 pm June 25, 2020 1. Develop an estimated duration for each activity. Responses should use the list of tasks developed in chapter 4 and include the estimated duration for each task. 2. Using a project start time of 0 (or May 15) and a required project completion time of 180 days (or November 15), calculate the ES, EF, LS, and LF times and total slack for each activity. If your calculations result in a project schedule with negative total slack, revise the project scope, activity estimated durations, and/or sequence or dependent relationships among activities to arrive at an acceptable baseline schedule for completing the project within 180 days (or by November 15). Describe the revisions you made. 3. Determine the critical path and identify the activities that make up the critical path. 4. Produce a bar chart (Gantt Chart) based on the ES and EF times from the schedule in item. Part 3 due on 11:59 pm July 02, 2020 Using the responsibility assignments you made in Part 1 and the baseline schedule you developed in Part 2, now develop a resource requirements table (similar to Figures 6.3), for each resource, based on an as-soon-as-possible (ASAP) schedule. Part 4 due on 11:59 pm July 09, 2020 1. Using the schedule from Part 2, estimate the cost for each activity. 2. Determine the total budgeted cost for the project. 3. Prepare a budgeted cost by period table (similar to Figure 7.5) and a cumulative budgeted cost (CBC) curve (similar to Figure 7.6) for the project. Part 5 due on 11:59 pm July 23, 2020 1. Identify at least four risks that could jeopardize the project. 2. Create a risk assessment matrix including a response plan for each of the risks. 1 Hanson College_BUS1037_Project Management 4:12 PM Thu Jul 9 904 90% Proejct_Case Study.docx CASE STUDY 1 A Not-for-Profit Medical Research Center You are Alexis, the director of external affairs for a national not-for-profit medi- cal research center that does research on diseases related to aging. The center's work depends on funding from multiple sources, including the general public, individual estates, and grants from corporations, foundations, and the federal government. Your department prepares an annual report of the center's accomplishments and financial status for the board of directors. It is mostly text with a few charts and tables, all black and white, with a simple cover. It is voluminous and pretty dry reading. It is inexpensive to produce other than the effort to pull together the content, which requires time to request and expedite information from the cen- ter's other departments. At the last board meeting, the board members suggested the annual report be "upscaled into a document that could be used for marketing and promotional purposes. They want you to mail the next annual report to the center's various stakeholders, past donors, and targeted high-potential future donors. The board feels that such a document is needed to get the center in the same league" with other large not-for-profit organizations with which it feels it competes for dona- tions and funds. The board feels that the annual report could be used to inform these stakeholders about the advances the center is making in its research efforts and its strong fiscal management for effectively using the funding and donations it receives. You will need to produce a shorter, simpler, easy-to-read annual report that shows the benefits of the center's research and the impact on people's lives. You will include pictures from various hospitals, clinics, and long-term care facilities that are using the results of the center's research. You also will include testimo- nials from patients and families who have benefited from the center's research. The report must be "eye-catching." It needs to be multicolor, contain a lot of pictures and easy-to-understand graphics, and be written in a style that can be understood by the average adult potential donor. This is a significant undertaking for your department, which includes three other staff members. You will have to contract out some of the activities and may have to travel to several medical facilities around the country to take photos and get testimonials. You will also need to put the design, printing, and distribu- tion out to bid to various contractors to submit proposals and prices to you. You estimate that approximately 5 million copies need to be printed and mailed. It is now April 1. The board asks you to come to its next meeting on May 15 to present a detailed plan, schedule, and budget for how you will complete the proj- ect. The board wants the annual report in the mail" by November 15, so potential donors will receive it around the holiday season when they may be in a "giving mood. The center's fiscal year ends September 30, and its financial statements should be available by October 15. However, the nonfinancial information for the report can start to be pulled together right after the May 15 board meeting. Fortunately, you are taking a project management course the evenings at the local university and see this as opportunity to apply what you have been learning. You know that this is a big project and that the board has high expec- tations. You want to be sure you meet their expectations and get them to approve the budget that you will need for this project. However, they will only do that if they are confident that you have a detailed plan for how you will get it all done. You and your staff have six weeks to prepare a plan to present to the board on May 15. If approved, you will have six months, from May 15 to November 15, to implement the plan and complete the project. Your staff consists of Grace, a marketing specialist; Levi, a writer/editor; and Lakysha, a staff assistant whose hobby is photography (she is going to college part-time in the evenings to earn a degree in photojournalism and has won sev- eral local photography contests)

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