Develop your own work-breakdown structure

Assignment Help Project Management
Reference no: EM13850501 , Length:

TASK

• Carefully study the New Hong Kong Airport Transit System (HKATS) project through viewing the Discovery Channel film and online searches

• Choose a small subproject belonging to HKATS and develop your own work-breakdown structure (30 to 50 activities, so high level) - it must be realistic

• Devise a three point timing matrix (with variances) for this structure and produce a plan using CPM

• Produce a Gantt Chart from this plan and analyse the output

• Use Risk to undertake PERT - quantify the probability of completing the project in accordance with your CPM, quantify the probability of delivering 10% early, and quantify the probability of delivering 10% late

• Identify the 3 major risks in your plan and state how you intend to mitigate them.

REPORT

• Structure of the report; Introduction, brief description of HKATS, brief description of your chosen project, CPM of your project plus analysis, PERT of your project plus analysis, risk analysis plus mitigation, conclusions.

• Report should be no more than 10 pages including diagrams

Verified Expert

Reference no: EM13850501

Questions Cloud

What is the break-even number of units : Your run a toy company that is considering updating your electric tricycle line. The upgrades will cost $30 million and will add a fixed cost of $1 million per year, but will decrease your variable costs by $40 per unit. What is the NPV of this proje..
Label the capital market line : Stock X has an expected return of 12% and a standard deviation of 8%. Stock Y has an expected return of 8% and a standard deviation of 5%. The correlation coefficient between the returns for X and Y is 0.2. Supposing these are the only 3 assets in th..
Compare and contrast diffusion and osmosis : Compare and contrast diffusion and osmosis. Explain its relation to biological organisms. provide illustration".
Correct discount rate for cash flows from developed wells : An oil company is drilling a series of new wells that are adjacent to an existing oil field. About 20% of the new wells will be dry holes and will produce zero oil. If the wells do, in fact, strike oil, they have different expected values. What is th..
Develop your own work-breakdown structure : Choose a small subproject belonging to HKATS and develop your own work-breakdown structure (30 to 50 activities, so high level) - it must be realistic
What is the discount factor-discount rate and rate of return : Suppose the present value of $524 paid at the end of one year is $495. What is the one-year discount rate? The current price of a bond is $952.40. Its price next year is $925.90. What is the discount factor? You purchase a two-year $1000 face value b..
Find solution using the mathematical equivalence formulae : Find the solution using the mathematical equivalence formulae (such as F=P(1+i)n ), substitute and solve (with your calculator – not with the tables) for the final answer. Solve by using the proper equivalence expressions (such as F = P(F/P, i, n)) a..
Lessons for american capitalism in europes experience : lessons for American capitalism in Europes experience
Calculate the standard deviation for the investment : Calculate the standard deviation for the investment.

Reviews

Write a Review

Project Management Questions & Answers

  Create a project schedule and align resources

Create a project schedule and align resources, Analyze project schedule and resource allocation

  Managerial roles and gap analysis

Write a report on Managerial Roles and Gap Analysis

  Questionaire on project management

Questionaire on Project Management

  Describe the market growth rate for product

Describe the market growth rate for product and service.

  Prepare a work plan and project schedule - gantt chart

Design an online system for the human resources department to manage available job positions.

  Project risk management approach

How does a project risk management approach pro-vide an early warning signal for impending problems or issues

  Black-scholes options pricing model

Calculate the payoff and the profits for investments

  Describe the features or characteristics of product

Describe the features or characteristics of your product or service.

  Write paper on inventory management system

Write paper on Inventory Management System.

  Analysis of the overall project risk

Analysis of the overall project risk

  Investment and performance analysis

Evaluate the usefulness of ROCE

  Distribution strategy and project management

Distribution strategy and project management

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd