You are constructing an office building. Work has started and you are in the middle of your project. You feel that if you add one more floor to the building it will cost much less than if the client decides to add it in the future. This change, however, will lead to a change in various baselines and the project charter as well. Therefore, you discuss the issue with all relevant stakeholders, and after their agreement, you process these change requests. In all of these changes, who is responsible for making and approving this change a. The project management team b. The project manager C. Management d. The client
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- The four types of project closures are: Group of answer choices a. finite, infinite, continuous, discrete b. crashed, finished, successful, unsuccessful c. none of these d. normal, premature, perpetual, failedYou 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?n accepted deadline for project approaches. However, the project manager realizes only 75% percent of the work has been completed. The project manager then issues a change request. What should the change request authorize? Can you explain this.
- A project manager is in charge of a project, and while they agree that a 60-hour work week is unsustainable, they still desire for the project team to be effective. They should anticipate stress from a client or sponsor on a regular basis, to continue their projects within schedule and budget constraints while not compromising scope or quality. How can a project manager keep the project team active while avoiding excessive overtime? Select three of the following project management tactics —the three which may be the best choices for increasing project team efficiency. a. Trying to appeal to group members' higher-order needs (self-actualization & esteem)b. Projects and individuals should set S.M.A.R.T. targets.c. Getting the staff to believe that the consumer is always correct.d. Team members' psychological profiles (MBTI) are used to fit them to tasks.e. Keeping track of workflow with Kanbanf. Using team velocity as a predictor of efficiencyg. Brooks' Law is being used in every…This exercise tests your ability to come up with a detailed and elaborate Business Case for a project. One of the main responsibilities of an IT Project Manager is writing and defending Project Proposals, that is, justifying the need for the project. You need to explain the organization’s need(s), the current situation, and why your proposed solution will workAssume that you wish to import a 14-seater Public Service Vehicle (PSV) to ply route 14 (Town-Nairobi West-Madaraka) of Nairobi City. You need to compute the Total Cost of Ownership (TCO), that is, the cost of purchasing and maintaining the vehicle including the regulatory requirements. You are expected to take a loan at the prevailing rates and spread it as you wish (based on your assumptions-show the calculations). You then calculate projected income expected from the “Project” (again based on some assumptions which you need to state) and give a realistic position about the viability of getting into this “project”. You earn…An anonymous graduate of SJU has just given the university a $12 million donation. The donor said that the money could be used anyway the University sees fit. The Task Force on Major Gifts has asked you to submit a proposal. How do you think the money should be spent? You can portion it out to various projects or use it for one project.Use memorandum format and address it to the Task Force on Major Gifts.
- Suppose you are a senior project manager and five employees work under your supervision. Your team has performed extremely well and successfully executed the project. As a reward you are looking forward to gift mobile phone to each member of your team. You have numerous mobile phone brands available in the market from which you have to decide. (200 words minimum) a) Explain why decision making is necessary. (100 words minimum)You are in charge of implementing the internal website your company will use to display its event calendar. Although you have limited ability to make project choices and must bargain with the functional manager to obtain the resources you need for your project, it is your responsibility to organise activities, resources, equipment, and information on the project. Which of the organisations listed below do you work for? Group of answer choices Composite structure Strong matrix Weak matrix Balanced matrixDave is the project manager for a construction project that is building agazebo. When the project first started, he met with the stakeholders to definethe scope. The sponsors mentioned that the gazebo is a really important partof their daughter’s wedding ceremony that was planned for 7 months fromthen. In fact, they said that if the gazebo couldn’t be completed in 7 months, itwouldn’t be worth it for them to even start the project. Dave wrote down the7-month deadline to put in his Project Scope Statement. In which section ofthe document did the deadline appear?”A. Project ConstraintsB. Project DeliverablesC. Project ObjectivesD. Project Assumptions Which of the following is a “hygiene factor” under Herzberg’s Motivation-Hygiene Theory?A. Recognition for excellent workB. Self-actualizationC. Clean clothingD. Good relations with coworkers and managers
- You are managing a large construction project that’s been broken down intosub-projects (or phases). Each of these sub-projects is scheduled to takebetween three and six months to complete. At the end of each sub-project,you plan to go through the closing processes and document lessons learned.Which of the following BEST describes what you must do at the beginning ofeach sub-project or phase?A. Develop the preliminary scope statement for the phaseB. Make sure you don’t involve the team, to avoid introducing too much projectmanagement overheadC. Use the Earned Value Technique to decide whether or not to finish the projectD. Release all resources from the project and contact sellers to renegotiate allcontractsIncorporating flotation costs into the analysis of a project will : a. increase the initial cash outflow of the project b. cause the project to be improperly evaluated c. increase the net present value of the project d. increase the project's rate of returnAny cost revision of a project either due to its changed scope or due to an increase in its cost by more than 15% can be again revised and submit after (a) One year (b) two years (c) three years (d) none of these