Reference no: EM132042336
Project Management Essentials - Assignment
Assignments
• Chapter 6 exercise 12
• Chapter 7 Case 7.1
• Chapter 7 Appendix 7.1 Exercise 2
Chapter 6 exercise 12
12. You are creating a customer database for the Lehigh Valley IronPigs minor league baseball team. Draw a project network given the information below.
Complete the forward and backward pass, compute activity slack, and identify the critical path. How long will this project take? How sensitive is the network schedule? Calculate the free slack and total slack for all noncritical activities.
Time
ID Description Predecessor (days)
A Systems design None 2
B Subsystem A design A1
C Subsystem B design A 2
D Subsystem C design A 1
E Program A B 2
F Program B C 10
G Program C D 3
H Subsystem A test E 1
I Subsystem B test F 1
J Subsystem C test G 1
K Integration H, I, J 3
L Integration test K 1
Chapter 7 Case 7.1
Alaska Fly-Fishing Expedition* You are sitting around the fire at a lodge in Dillingham, Alaska, discussing a fishing expedition you are planning with your colleagues at Great Alaska Adventures (GAA).
Earlier in the day you received a fax from the president of BlueNote, Inc. The president wants to reward her top management team by taking them on an all-expense-paid fly-fishing adventure in Alaska.
She would like GAA to organize and lead the expedition. You have just finished a preliminary scope statement for the project (see below). You are now brainstorming potential risks associated with the project.
1. Brainstorm potential risks associated with this project. Try to come up with at least five different risks.
2. Use a risk assessment form similar to Figure 7.6 to analyze identified risks.
3. Develop a risk response matrix similar to Figure 7.8 to outline how you would deal with each of the risks.
FIGURE 7.6 Risk Assessment Form and FIGURE 7.8 Risk Response Matrix(attached below)
Chapter 7 Appendix 7.1 Exercise 2
2. The Global Tea and Organic Juice companies have merged. The following information has been collected for the "Consolidation Project."
a. Compute the expected time for each activity.
b. Compute the variance for each activity.
c. Compute the expected project duration.
d. What is the probability of completing the project by day 112? Within 116 days?
e. What is the probability of completing "Negotiate with Unions" by day 90?
Attachment:- Project Management Assignment.rar
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How sensitive is the network schedule
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Determine whether this project should be accepted
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What is the company value
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Write about how it professionals attempt to estimate time
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