a. Determine the expected project completion time and the variance. b. What is the project's critical path? c. Determine the probability that the project will be completed in 40 weeks or less.
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- Evaluate the below statement according to the project management terminologies and choose the correct answer: It is the process of making a forecast or precise approximation Choose... of time and cost associated with a work package or activity. Graphically describes a project consisting of well-defined Choose.. activities, the completion of which marks its end. One of the Perform Quantitative Risk Analysis process has a Choose.. Tools and Techniques. Useful for building accountability through assigning specific Choose.. tasks to team members. It is the standard format each path through the network must be continuous with no gaps, discontinuities, or dangling Choose... activities. Organizational Assets, Project Scope Statement, Cost Management Plan and Schedule Management Plan are inputs Choose.. of: Choose... Work Breakdown Structure Expert Judgment Bar chart Estimating A horizontal diagram format Plan Risk ManagementAssume Bangladesh National Cricket Team needs to find a new head coach for the team. The cricket team’spresent and the future success largely depends on the formulations and implantation of the plans laid by thehead coach. The cricket board has given you the responsibility to prepare the job responsibilities of the newhead coach. You need to pinpoint very carefully which tasks he is supposed to do, as you also need to identifywhich skills and qualifications he must possess to do those required tasks smoothly. Prepare the job descriptionand job specification for the position of “Head Coach” of Bangladesh Cricket Team.At the close of your project, you measure the customer satisfaction and findthat some customer needs were not fully met. Your supervisor asks you whatsteps you took on your project to improve customer satisfaction. Whichsubsidiary plan would you consult to determine this information?A. Communications management planB. Staffing management planC. Quality Management planD. Risk management plan Customer satisfaction should be measured at the end of the project tomaintain long-term relationships. Which of the following is NOT always anaspect of customer satisfaction?A. The product meets its stated and unstated requirementsB. The product is high qualityC. The customer’s needs are metD. The project is profitable
- Managing risk in project is the responsibilities of all stakeholders. Althoughthe potential risk cannot be eliminated, however, the potential risks to happen can be minimized and reduced. In organization, risks can come from all aspects such as business, technical, market, program, or other types of risks. 1. Describe TWO types of analysis processes conducted in performing risk analysis and management.2. List and discuss any THREE types of risk components that can be used to classify the severity level of risk categories. 3. Evaluate how organizations identify, manage, and minimize risks by adopting the use of risk register table?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 managementSuggest 2 potential actions that a quantitative analyst could undertake to ensure that the implementation stage of a project is successful. ( detailed explanation is required)
- Following mini-case scenarios involve ethical dilemmas associated with projectmanagement. How would you respond to each situation, and why? Gold Star LAN projectYou work for a large consulting firm and were assigned to the Gold Star LAN project. Work on the projectis nearly completed and your clients at Gold Star appear to be pleased with your performance. Duringthe course of the project, changes in the original scope had to be made to accommodate specific needsof managers at Gold Star. The costs of these changes were documented as well as overhead andsubmitted to the centralized accounting department. They processed the information and submitted achange order bill for your signature. You are surprised to see the bill is 10 percent higher than what yousubmitted. You contact Jim Messina in the accounting office and ask if a mistake has been made. Hecurtly replies that no mistake was made and that management adjusted the bill. He recommends that yousign the document. You talk to another…Instructions ASSIGNMENT PROJECT SCENARIO: You are married and you are the father or mother of a family of five with kids ages 10, 13 and 15) and a dog. The family has decided to take a camping trip when the children are out of school for the summer. The planned family camping trip is the project you will use to complete this assignment. INSTRUCTIONS: Create a Responsibility Matrix for no less than seven activities to be addressed in preparation for the family camping trip. Every member of the family must be assigned primary responsibility to complete at least or more activities for the project. Also, decide whether the dog will go on the camping trip with the family or whether arrangements will be made for someone to care for the dog while the family is away. Based on your decision regarding the dog, you must include at least one activity associated with the dog as part of the project responsibility matrix. Within the matrix, use "R" to indicate which individual has primary…SWOT and risk analysis for a Start up cultural tourism company (baba nyonya). >Full sentence please
- Corporate triple-A bond interest rates for 12 consecutive months follow. (a) Construct a time series plot. 11.01 10.5 10.0 9.5- FEFE 9.0- 8.5 8.0 7.5- 2 1 4 11.01 5 10.5 3 6 10.0 7 9.6 9.3 9.4 9.6 9.9 9.8 9.8 10.6 10.0 9.7 9.7 9.6 What type of pattern exists in the data? O The data appear to follow a seasonal pattern. O The data appear to follow a cyclical pattern. O The data appear to follow a horizontal pattern. O The data appear to follow a trend pattern. 8 Month 9 10 9.5 11 9.0 12 8.5 8.0 7.5 7.0 0 1 2 3 4 5 6 7 8 9 10 11 12 13 Month (b) Develop three-month and four-month moving averages for this time series. (Round your answers to two decimal places.) Time Series Value 3-Month Moving Average Forecast 4-Month Moving Average Forecast 9.6 9.3 9.4 9.6 9.9 9.8 9.8 10.6 10.0 9.7 9.7 9.6 | | [ | Ⓒ L 11.0 T T 들 10.5 10.0- 9.5 9.0 8.5 8.0 7.5 7.0 0 1 2 3 4 5 6 7 8 9 10 11 12 13 Month 0° 7.0 0 1 2 3 4 5 6 7 8 9 10 11 12 13 Month Does the three-month or four-month moving average provide more…(a) What questions would you ask of the competencies of the Project Manager?Knowledge, performance and interpersonal skills. (b) Distinguish between management and interpersonal skills of Project Manager. Management- planning, coordination, meeting management. Interpersonalskills- influence, negotiation, leadership. (c) What questions will you ask if you are assigned to manage your project cost?Market prices, spreadsheet of all vendors,From the research topic and questions below kindly prepare the Discussions of the Research Project to include: ▪ Identify and interpret the important statistical so that readers can understand the purpose of your research. ▪ To draw conclusions and suggest the implication of your findings. ▪ To suggest how this type of research could be improved. ▪ To compare your results with existing research so you can make suggestions and recommendations for future research. ▪ Limitations – discuss how your research could have been improved. "An Analysis of the factors influencing Recruitment, Selection and Retention of Public Sector Workers in Montserrat” (1) What are the challenges that exist in the Montserratian Public Sector that influence the Recruitment, Selection and Retention of workers? (2) What steps are being currently undertaken to correct the identified challenges in the Recruitment, Selection and Retention practices in the Montserratian Public Service? (3) What are the…