Q1(d) Explain, what does it means if the priorities of a project include: Time- enhance, Scope/Performance-constrain, and Cost-accept as shown in Figure Q1? Time Performance Cost Constrain Enhance Аcсept Figure Q1
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- quetion 1 a)What is a burn-down chart? What purpose does it serve? b)Why should a project manager be concerned with monitoring a project’s progress? c) Describe how the SPI and CPI can be used to forecast the final cost of a project?How Can You Get to a Backlog of over 100 Projects? There are never enough resources to get everything done." Backlogs build over time. Sacred cow projects get included in the selection system. Projects proposed from people who have left the airline stil reside in the project portfolio. Non-value-added projects somehow make their way into the project portfolio. Soon the queue gets longer. With everyone in IT working on too many projects concurrently, project completion and productivity are slow. Which Projects Remain? To cut the number of projects, the steering committee used a weighting scheme that reflected the airline's priorities, which were: fly safe, generate revenue, reduce costs, and customer service. The weighting scheme easily weeded out the fluff. Coady noted that "by the time you get to the 20s the margin of differentiation gets narrower and narrower." Of the remaining projects, project sponsors had to have solid justification why their project is important. Reduction of the…You are assigned as a project manager to lead a new quality improvement project. Q Management is asking for a project management plan. Which of the following should you aeate FIRSTI A A process improvement plan A quality management plan CA project scope statement D A project management plan 41 193 retu AB
- Q1: The project manager for a specific mechanical engineering project assigns 10 different activities to complete this project successfully. These activities have several immediate predecessors as it shown in the table below Most Likely (Weeks) Immediate Optimistic (Weeks) Pessimistic Activity Description Predecessor(s) (Weeks) A 4 7 10 В A 2 20 A 8. 12 16 D B 1 3 E D, C 6. 8 22 3 4 G F 2 2 2 H. F 8 10 I E, G, H 4 8 12 1 2 3 Answer the following questions and show detailed calculations. 1. Draw the project network 2. What is the expected time for activity B? [! 3. What is the variance for activity B? 4. Based on the calculation of estimated times (expected duration), what is the critical path? 5. What is the estimated time of the critical path? 6. What is the activity variance along the critical path? 7. Based on regular CPM calculations, what is the critical path? 8. What is the probability of completion of the project before week 42?1. Analyze the cost variance metric, and include the equation and what the acronyms stand for. 1. Describe one project software program that could help a project manager control costs.Q4) What Is Project Quality Management? Write briefly about the five Cost Categories Related to Quality .Describe about Quality Assurance.
- In your own words, define the following terms and provide an original example of each. Q.1.1 Social media. Q.1.2 Intermodal transportation. Q.1.3 Dependent demand. Q.1.4 Project. Q.1.5 People – as the second element of the triple bottom line.Using PERT, Adam Munson was a ble to determinethat the expected project completion time for the construction ofa pleasure yacht is 21 months, and the project va riance is 4.a) What is the probability that the project will be completed in17 months?b) What is the probability that the project will be completed in20 months?c) What is the probability that the project will be completed in23 months?d) What is the probability that the project will be completed in25 months?e) What is the due date that yields a 95% chance of completion?Q6:write briefly but relevant answer a) PERT and CPM b) Risk Management and its types.
- Q You have been asked to select between three projects. Project A has a netpresent value of $54,750 and will take six months to complete. Project B hasa net present value of $85,100 and will take two years to complete. ProjectC has a net present value of $15,000 and a benefit-cost ratio of 5:2. Whichproject should you choose?A. Project AB. Project BC. Project CD. There is not enough information to decide Q Which of the following is a defect?A. A mistake made by a team member on the jobB. A change that the team needs to make in how they do the workC. A project management plan that does not meet its requirementsD. A change request that’s been rejected by the change control boardThank you for the insight. In such a question, does the fact that certain data in terms of amounts involved, require any calculations a regards fully appraising this PPP? considering this portion of the question with the referred data provide "The total project cost is US$ 649,976,167, broken down as follows: (a) US$ 577.38 million is the total cost of construction; (b) US$ 1,000,000 for working capital; (c) US$ 1,849,500 for finance costs; and (d) US$ 69.74 million) for interest during the construction period. Using the six factor characteristic model highlighted for a successful implementation of a PPP, appraise the Dual Carriage Way PPP." or we are safe to overlook this?Project Implementation Plan for Culinary Tourism. • You will be creating a Project Implementation Plan for the new service to be offered by your team/group • Step 4 - Outline of Deliverables - Deliverables are the tangibles of your company. Outlining the deliverables, you hope to create can serve as a resource. This will include time frames/ due dates for ensuring the product/ service is brought to the market. For example - you can use the GANTT CHART for this part (GANTT chart helps teams to plan work around deadlines and properly allocate resources). You are also required to assign tasks for team members for which they would be accountable, and allocate resources for each input required. Kindly prepare a Conclusion for Culinary Tourism State main points and way forward in the future. Synthesize the entire paper with specific details as included in the paper No new information is included in the conclusion