(d) What is the shortest possible time it will take to complete the project?
Q: b. How many weeks will it take to complete the project
A:
Q: What is the duration of the project (in weeks)?
A: Project crashing is a process which reduces the total project completion time using additional cost…
Q: Suppose you are a project team member and you have been designated as the meeting minutes' taker for…
A: Purpose Served by project Meetings is as follows; Report on progress Purpose or generate ideas…
Q: Why is it important to know what tasks are required to close the project?
A: Below is the solution:-
Q: Would it have been preferable to employ a professional project manager to oversee the project? If…
A: A project manager is an individual who leads the project team and motivates them to achieve the…
Q: How can a Project Manager strike a balance and catch up control the budget and resources?
A: With regards to cost control in project management, it tends to be trying to figure and oversee…
Q: What are the major steps in executing a project plan?
A: Project management is the process or practice that include initiation, planning, execution, control,…
Q: How to manage a project team?
A: A project team refers to a group of two or more people who work together for completing the project…
Q: Why the "The Iron Triangle” is in important for the project management? How and why to be applied…
A: Project management is the management in which a particular type of skills, techniques, and equipment…
Q: short answer please What are the critical success factors for a project manager? What skills…
A: Managerial functions can be said as those functions which guides about the duties and…
Q: Why is it important to know How will the project be delivered
A: Breaking down a project into tasks and assigning those tasks to teammates is what project management…
Q: In what way does the position of a project manager resemble that of a general manager, including a…
A: Functional Organization: It revolves around what functions an organization needs to perform like…
Q: Explain how you plan to keep track of a project. What issues would you prioritise if you were a…
A: It is difficult to monitor a mission. A project manager may use this method to locate project…
Q: What are the key steps in the implementation of a project plan?
A: The project management framework includes the phases of planning, execution, tracking, and closure.…
Q: Think of a project in which you are currently involved. Describe the objectives, scope, schedule,…
A: Undertaking manufacturing is an activity intended to deliver enormous, costly, particular items like…
Q: What are the benefits of using project management collaboration software?
A: Teams and team leaders use project collaboration as a technique to organize, manage, and keep an eye…
Q: What is earned value in Project and how is earned value calculated; How to prevent going over…
A: This question is related to the topic -Project Management and this topic fall under the operations…
Q: When it comes to IT project management, how can you differentiate between the many tools and…
A: Project management in today's world is all about employing the correct tools and strategies. Having…
Q: Are there guidelines for project management?
A: Before you start planning the project, make sure you stick to the authorized timeline and budget.…
Q: What are the characteristics of a project? (List 2 characteristics)
A: Project management is the procedure that guides the team to achieve all project goals within the…
Q: O A-B-D-F-G-H O A-C-E-H O A-B-D-E-H O A-C-E-F-G-H c. How many weeks will it take to complete the…
A: The critical path method is a project management tool that is used to help plan and schedule the…
Q: Explain the ethical considerations associated with completing a project in the shortest possible…
A: The ultimate goal of project management is to complete all project objectives within the constraints…
Q: What are the relative advantages and disadvantages of the functional approach to managing projects?
A: The project management is the method through which the organization tries to complete the goals of…
Q: What are the different ways the project manager uses Webcams?
A: A webcam is an advanced video gadget regularly incorporated into a PC. Its principal work is to send…
Q: Explain why did company select a project manager from within the organization?
A: A project manager plans, organizes, and supervises projects and directs project operations inside an…
Q: What are some ways a project manager can make a project more fun and team members more committed?
A: Project manager is the one who handle all the activities of the project and is responsible for…
Q: Provide an overview of the tools and technology that were used to define IT project management??
A: Information Technology Project Management often called ITPM can be stated as the approach of…
Q: Why do you think project needs assessment is useful to developing a project?
A: Any project will have some specific needs in its initial stage and fulfilling those needs is…
Q: How important does credibility mean for a project manager?
A: Credibility is created through a group of little points accomplished in the project. In project…
Q: How do you define a project and how is a project different from what most people do in their…
A: A project can be defined as a effort, using a combination of human, technical, administrative,…
Q: What does "earned value" mean in the context of a project, and how does it get calculated? Explain
A: A project is the set of tasks that are to be formed to achieve the desired outcome. A project deals…
Q: Make it fast, make it good and make it cheap is what senior managers always ask for from their…
A: With any venture, there are limitations and risks that should be addressed to guarantee the task's…
Q: How do agile and predictive project methodologies attempt to meet the project client's requirements?
A: Project management is the process of putting policies, plans, skills, knowledge, and experience into…
Q: What is the best way to record and share a lesson learned with other project teams?
A: The project's lessons should be written down in a systematic manner. It is possible to identify and…
Q: Why do organizations need to tailor project management concepts, such as those found in the PMBOK®…
A: PMBOK stands for project management body of knowledge and is a entire collection of processes. good…
Q: You are given the following parameters for a project. There is an opportunity to upload your work in…
A: CPM stands for Critical Path Method, which was invented by DuPont and first used in the chemical…
Q: can you said in 500 words, What is Project Management
A: In the question, First I would define the term "Project", then I would establish the definition of…
Q: a project manager can do to help create an environment in which a project team will feel motivated?
A: It is integral for the project managers to create and maintain a positive work environment for their…
Q: What is a critical path? Is this important in project planning? How does it help?
A: Once the project scope of work is thoroughly defined and represented in the form of a work breakdown…
Q: As a manager, do you think it's important to break down a project into manageable chunks? Is there a…
A: Project decomposition can be stated as the approach of dividing the elements or components of any…
Q: How can a lesson learned to be documented and made available to other project teams?
A: The lesson learned during the project should be documented in a formal way. It can be identified and…
Q: 1.1. The case study reveals that even the biggest companies buy some parts of their project scope…
A: A make-or-buy call is AN act of selecting between producing a product in-house or buying it from AN…
(d) What is the shortest possible time it will take to complete the project?
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- Slove the quation: Tony and his team identified some risks during the first month of the Recreation and Wellness Intranet Project. However, all they did was document the risks in a list. They never ranked the risks or developed any response strategies. Because the project has had several problems, such as key team members leaving the company, users being uncooperative, and team members not providing good status information. Tony has decided to be more proactive in managing risks. He also wants to address positive risks as well as negative risks. The quation is ; Develop a response strategy for one of the negative risks and one of the positive risks. Enter the information in the risk register.III. Risks and Feasibility This section of your report identifies risks and confirms the feasibility of the information systems development project. Project feasibility analysis verifies whether a project may be started and successfully completed. Your report should address the feasibility issues listed below. Start by clearly describing what issues are addressed by each feasibility category (see the relevant definitions in the textbook), and discuss the feasibility of the project with respect to each category. Determine organizational and cultural feasibility. This evaluates organizational and cultural issues to identify potential risks for the new system. See pp. 269–270 of the textbook for examples of potential issues.Note: the textbook does not provide an exhaustive list of possibilities!Note: ‘organization’ in this context refers to the Car Sharing community—all stakeholders, but particularly members and prospective members. Assess technological feasibility. See p. 270 of the…23 The Identify Stakeholders process has four inputs Three of them are project charter, enterprise environmental factors and organizational process assets. What is the fourth one? A Procurement documents B Stakeholder register C. Stakeholder engagement matrix D Stakeholder management plan 24 The Project Managers have maximum authority in which type of organization? A Weak Matrix B Strong Matrix C Functional D Balanced Matrix 25 Accepted deliverables are an input to the Close Project or Phase process These deliverables would have been accepted through which of the following processes? A. Validate Scope B Control Quality C. Control Scope D. Perform Quality Assurance 26. Which process group corresponds to the "do" part of the plan-do-check-act cycle? A Closing B. Monitoring and Controlling C. Planning D. Executing 27. To control the schedule, a project manager is re-analyzing the project to predict project duration. This is done by analyzing the sequence of activities with the least…
- Kimpel Products makes pizza ovens for commercial use. James Kimpel, CEO, is contemplating producing smaller ovens for use in high school and college kitchens. The activities necessary to build an experimental model and related data are listed in the following table Total Cost with Crashing Immediate Predecessor(s) $2,050 $2,800 a) Based on the given information regarding the activities for the project, the project completion date = b) To reduce the duration of the project to 10 weeks at the least cost, the following is the order of what needs to be followed while crashing the activities: The first activity to crash is by 2 weeks at a per week crashing cost of Ned, one should crash activity dollars. Total cost of crashing the project to 7 weeks = and activity E by 1 week at a total per week crashing cost of dollars. dollars. weeks. dollars. dollars. Normal Activity Time (weeks) A TERSE Doo LU LỞ MATMARIATION percen 32 TON * Next one should crash activity D and activity by 2 weeks for an…d) Risk is defined as the uncertain event or condition that if occurs has a positive or negativeeffect on the project's objective. The project objectives can be classified into three; cost,schedule and performance. There are 5 steps on risk identification process which startfrom identification and end with monitoring.Based on these three project objectives please explain the project risk managementprocess.explain it briefly and include examplea) Explain with examples the differences between the following pairs of terminologies in project risk management:i.Proximity and Dormancy of a Riskii.Stakeholder Risk Threshold and Toleranceiii. iv.Variability Risk and Ambiguity RiskQualitative Risk Analysis and Quantitative Risk Analysis Risk Review and Risk Audit.b) During the execution of a project, a risk is identified by a team member. This newly identified risk is currently not in the risk register. As a project manager, list and briefly explain the steps you will take to manage this risk.c) As a project manager, you will be required to implement risk response plans for your projects. List and explain any five (5) typical outputs of this process.
- RESEARCH TOPICS1. The difference between project feasibility and project appraisal and their significance toproject sustainability2. The interplay between the project components (Cost, time, scope and quality) and thesignificance to project performance and sustainability3. Report writing process and utility of project report to project management Justify as to how the management of the positive risk will influence theachievement of project objectivesc) Explain why it is important for a risk management process to cover both threat andopportunity. Make sure that you justify your reasons.Question twelveA firm has developed a new product X. They can either test the market or abandon the project. The details are set out below;Testing the market cost 50,000FCFA, while the likely outcomes are favourable with a probability of 0.7 or unfavourable (failure) with a probability of 0.3. If favourable they could either abandon or produce it. The demand, probability and loss/profit for the product when produced are anticipated and presented in the table below;DemandProbabilityProfit/lossLow 0.25- 100,000Medium 0.6150,000High0.15450,000If the test market indicates failure, the project would be abandoned. Abandonment at any stage results in a gain of 30,000FCFA for the special machinery used. a) Draw the decision tree showing the nodes and…Analyze the following situations. Choose one situation which you think is less harmful. Explain why it is less harmful. How can you counter the harm that it causes?1. (Project A) Mr Ang plans plans to have a project which is a factory that would employ 50% of the people in the community but his factory would releases harmful chemicals to the sea.2. ( Project B) Mr. Bin plans to create an amusement park project to attract people to work on his place/business so that the factory would be closed and stop releasing harmful chemicals to the sea. However, Mr. Bin needs to cut the trees along the place where he has to build his amusement park but this again would cause harm to the environment. 3. (Project C) Mr. Ching plans to establish a resort and hotel project so that Mr Bin cannot cut the trees in order to save nature. However, by so doing he has to reclaim an area where mangroves grow which serves as fish sanctuary. Question: If you are a lover of nature and a…
- 3.1 The PMBOK categorises risks into internal and external factors. Anne found that her working relationship with Mr. Richard Cramer was progressively deteriorating as his micro management of the project was taking a toll on the project and staff morale. As a result, Anne and some of the project team members wanted to absolve themselves of the project. Had this transpired, it would have posed a risk on the successful delivery of the project. Define the concept the above situation would have created.How should Santosh go about completing a feasibility analysis for dragon karate sports using the four phases: 1. Industry/market analysis 2. Product/service analysis 3. Financial analysis 4. Entrepreneur analysisThe following precedence diagram reflects three time estimates for each activity. Determine: Use Table B1 and Table B2. 9-10-12 3 8 5-7-10 8-10-14 11-12-13 6 11 14-18-26 10.5-13-15.5 10 8-8-8 1 5-6-7 2 4 13-13-13 7 7-10-12 a. The expected completion time for each path and its variance. (Round intermediate calculations to 4 decimal places and final answers to 2 decimal places.) Path Mean Var. Std. Dev. 1-2-3-8-11 37.33 1-2-4-6-11 43.00 5.11 1-2-4-7-11 0.81 1-2-5-9-10-11 46.83 1.25 9-9-9 10-11-12 10-12-14