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- You are working on a manufacturing project having a budget of PKR 3,600,000 and expected time of its completion is one year. There is an ideal condition that your budget and work are evenly spread across the duration of the project that is twelve month. At the end of forth month, the senior management has called a meeting and invited all the stakeholders to brief about the status of the project. You being the PM of this project is giving the presentation to all the attendees and informed that project is on schedule and PKR 1,800,000 have already been spent on the project. Required: Calculate Cost and Schedule Variance What is SPI and CPI of the project? Estimate at completion and Estimated time to complete?There is no need to profile the target beneficiary when planning for a program or project True FalseYou are working on a manufacturing project having a budget of PKR 3,600,000 and the expected time of its completion is one year. There is an ideal condition that your budget and work are evenly spread across the duration of the project that is twelve months. At the end of the fourth month, the senior management has called a meeting and invited all the stakeholders to brief about the status of the project. You being the PM of this project are giving the presentation to all the attendees and informed them that the project is on schedule and PKR 1,800,000 has already been spent on the project. Calculate Cost and Schedule Variance What is SPI and CPI of the project? Estimate at completion and Estimated time to complete?
- You are managing a construction project that is currently being initiated. Youmet with the sponsors and several important stakeholders, and have startedto work on the preliminary scope statement. You’ve documented several keyassumptions that have been made, and identified project constraints andinitial risks. Before you can finish the preliminary scope statement, you mustmake a rough order of magnitude estimate of both time and cost, so that thesponsor can allocate the final budget. What’s the range of a rough order ofmagnitude (ROM) estimate?A. (-10%) to +10%B. (-50%) to +100%C. (-50%) to +50%D. (-100%) to +200%Investment timing option: left Table shows the investment made now (year 0); right Table shows the investment made 1 year later. Discount rate is r = 10%. Probability Year 0 0.50 -$28 0.50 -$10 $11 None of the others is correct $10 Year 1 $55 $22 If this project's uncertainty in Year 0 (two scenarios with 50% chance each) is completely gone right after the end of year 0, i.e., you will know which scenario turns out to be true right after Year 0, then what is the value of this investment timing option today? [Hint: value of the option = E[NPV with option] - E[NPV] =?] 3 Year 2 $0 Probability Year 0 0.50 $0 0.50 Year 1 -$28 -$28 Year 2 $55 $22Two new Internet site projects are proposed to a young start -up company. Project A will cost $250,000 to implement and is expected to have annual net cash flows of $75,000. Project B will cost $150,000 to implement and should generate annual net cash flows of $52,000. The compnay is very concerned about their cash flow. Using the payback period, which project is better, from a cash flow standpoint?
- Project Direct costs are the costs related with utility expenses in the project. true or false?In your role as project leader for the organization's involvement in the annual United Way campaign, you have planned a party to mark the end of the fundraising initiative. What must you do to ensure the party is developed successfully? Thank people for attending the party for the United Way initiative. O Include the party in the planning document for the United Way initiative. Send out a calendar invite so the party appears on everyone's schedule. Reserve the room where the party will be held.You have been hired by a contractor, who wants you to manage a constructionproject for one of their clients. The project team has been working for twomonths, and is 35% done with the job. Two of your team members come toyou with a conflict about how to handle the ongoing maintenance for a pieceof equipment. You know that they can safely ignore the problem for a while,and you’re concerned that if your project falls behind schedule before nextweek’s stakeholder meeting, it will cause problems in the future. You tell thetwo team members that the problem really isn’t as bad as they think it is, andif they take a few days to cool off about it you’ll help them with a solution.This approach to conflict resolution is known as ______.A. WithdrawalB. CompromiseC. SmoothingD. Forcing You are a project manager for a software project. As you are defining thescope of the work you need to do, you sit down with all of the project’sstakeholders and record all of the requirements you can get from…
- W8307 What types of plans most likely require C-suite involvement, and why? 2022/1075 mostJohnny graduates at the end of this term. He has been actively searching for the right job in his field of study. The perfect job was finally advertised, and it's with a company Johnny really wanted to work for. He quickly prepared his resume and cover letter and was successful in getting an interview. After carefully preparing for the interview, Johnny was successful! He got the job. During this process, Johnny thought he needed a little extra "ammunition" in his job hunt. He exaggerated just a little on his GPA and listed an internship that he applied for but did not get. Was he justified in his actions? Since he has been hired, does he have anything to worry about? If you were in human resources at this company and just uncovered the information, what would be your reaction?The chart below shows the initial investment and expected yearly payback for Project A and Project B Project A Project B Initial Investment $ 300,000 $ 450,000 Expected Yearly PayBack $ 45,000 $ 90,000 For Project A, There has been a change in the expected yearly payback. Years 1 and 2 – you are expecting $45,000 each year. For the next three years, you are expecting $70,000 each year. What would be the average ROI for this alternative?