Qa. explain Project and Project Management
Q: Q2: A mining company has received a contraet to supply iron ore to three steel industries located in…
A: W X Y Supply A 5 1 8 76 B 2 5 0 82 C 3 10 11 77 Demand 72 102 41
Q: What is Project Scope Management? Discuss Project Scope and Product Scope. Why do you think…
A: It is a dream of every project manager that his project goes efficiently and smoothly from initial…
Q: QUESTION THREE (3) a. Explain what is involved in project scope management. b. Why is good project…
A: Project scope management is the total work to be done for delivering a product or service. It…
Q: Daily demand for sandwiches at a local deli is shown in the table. Using a 3 period weighted moving…
A: A Weighted Moving Average puts more weight on current data and less on past data. This is done by…
Q: anning that is initiated at the lowest level in the organization is referred to as planning. A.…
A: Planning that is initiated at the lowest level in the organization is referred to as planning.
Q: Question 1: Following tables show the initial investments required in and expected cash flow…
A: The question is related to Capital Budgeting. The discounted pay back period is length of time…
Q: Question Completion Status: Consider the following payoff Table Decision Alternative D1 The State of…
A: Given data: The state of nature Decision alternative 0.79 1-0.79 S1 S2 D1 5 8 D2 4 8…
Q: The actual demand of a product for six months are summarized in the table below: Month ( ) t…
A: Below is the solution:-
Q: A renowned multinational shipping company is opening its new branch office in Lahore. You are…
A: The means that we need to follow for the obtainment of these thing for undertaking would be first to…
Q: Q1 No HandWriting: What are Project Management Knowledge areas? Explain the various types of…
A: The techniques & knowledge related to project management are not only for project managers.…
Q: Which is NOT considered as long-term plan? a. Rules b. Objectives c. Policy d. Strategy
A: Which is NOT considered a long-term plan? Rules Objectives Policy Strategy The right option is…
Q: Work Breakdown Structure (WBS) is defined as deliverable-oriented of project elements that…
A: The work breakdown structure (WBS) outlines the project's scope and divides it into components that…
Q: Starbuck’s 30, 000 Partners in Japan wore these 99 shaped glasses. Why? (3 marks)
A: Starbucks Japan is the fourth biggest market and celebrates coffee leadership of 20 Years
Q: According to the Columbia Accident Investigation Board, the root cause of the Columbia disaster was…
A: The reason for the mishap was a piece of froth that had tumbled off the Shuttle's outer gas tank…
Q: Act Immediate Predecessor Duration Activity Description Relationship Lag (weeks) ID (weeks) Planning…
A: The precedence relationship diagram is as follows: The possible paths are: 1) P1 - P3 - D3 - D4…
Q: nd Simon are prospective entrepreneurs and are soliciting your advice to start their entrepreneurial…
A: Liquor Industry is the most profitable industry as per today as the profit margin is huge .
Q: You are sponsoring a project and what parameters you have to keep in your mind while deciding the…
A: To get a project done is a major task. With proper management of the project activities,…
Q: Describe Risk identification, Risk Probability& effect, and Risk Response strategy. Explain it…
A: Risk is the possibility of or chance of getting loss , risk is unpredictable Risk…
Q: Find the optimal act using Maxi-Max criteria b) Find the optimal act using Mini-Max criteria c)…
A: THE ANSWER IS AS BELOW:
Q: During the planning process, if there is a gap between future desired sales and projected sales,…
A: Planning is basically deciding in advance of what has to be done, at time it has to be…
Q: Single-use plans
A: The correct option is a) programs, projects and budgets. Single-use plans always address a one-time…
Q: n November 30, 20A, ABC company received its bank statement. However, the closing balance of the…
A: Given that: October 31 book balance 146,000 Note collected by bank 10,000 Interest earned in note…
Q: The DEF Company is developing an operational plan to move his company into a new building. Mr. DEF…
A: Static Plan normally portrays the everyday running of the organization. Operational plans are…
Q: The Management Accountant is one of the major providers of information for planning purposes. To do…
A: In management, planning is defined as a process in which the managers establish the goals and…
Q: Yalelo is a manufacturing Zambian Company. You have been asked by the Board of Directors of this…
A: Corporate governance is that the arrangement of rules, practices, and cycles by which a corporation…
Q: 2 METHOD OF MONITORING HUGE PROJECT
A: The Project Management Institute characterizes a task as "a transitory undertaking attempted to make…
Q: Explain program evaluation and review technique (PERT)?
A: PERT refers to Program Evaluation and Review Technique is a technique adopted by organizations to…
Q: 8. The following information (in AOA format) concerns progress at day 40 of an Internet marketing…
A: The overall project does not seem to be in control based on time and cost: Activity 1-2: This…
Q: Project Procurement Management includes the processes necessary to purchase or acquire products,…
A: Procurement and Supply Chain Management includes activities such as obtaining raw materials to…
Q: You may produce seven products by consuming three materials. The unit sales price and material…
A: given,
Q: Question 3 (Forecasting) - Consider the following time series data. Week 1 2 3 4 5 6. Value 18 13 16…
A: Given data: *As per guideline first 3 parts are answerable, repost the remaining part.
Q: EVENT 1: "The vacant project manager's position has not been filled." EVENT 2: "A credit card…
A: The success of any business hinges on having the right person in the right roles. However, since…
Q: A. Parents with children under 10 are a market segment. B. The purpose of market segmentation is to…
A: Targeting marketing segmentation: Every business targets its customers by researching their needs.…
Q: A mental picture that you have and want to turn into a reality in the future refers to A. Plan B.…
A: C. Vision
Q: Discuss difference between Project, Project Management, and Operations with real world examples.
A: Project- A project refers to the process of a series of activities that need to be achieved to…
Q: Question 3: a. Project Stakeholder Management includes the processes required to identify the…
A: A stakeholder is somebody who has an interest in the activity and its outcomes, or that is impacted…
Q: Question 4 You are currently working on a project to be completed in 20 months. The budget of the…
A: Given- Actual budget= R12,000,000 Actual cost spend so far = R2,800,000
Q: A part structure, lead time (weeks), and on-handquantities for product A are shown in Figure 14. 14.…
A: Bill of materials (BOM) shows the number of materials required by each component with the lead time…
Q: Using a student project work as a classical example, explain how and why project should be a…
A: This question is related to the topic-Project Management and this topic falls under the operations…
Q: Dr. P. Question 3 Project managers use network planning techniques to O assign resources to…
A: Project management is nothing but the approach of planning, arranging, organizing the assets or…
Q: Question 1: Salalalh Methanol company management is considering three competing investment Projects…
A: Payback (period) method is that the exact amount of your time required for a firm to recover its…
Q: QUESTION: Although Ken Brown is the principal owner of Brown Oil, his brother Bob is credited with…
A: In business, decisions are made using different methods and techniques. It is expected that the…
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- scenarios of a project activities (tables given below) and their required times to be completed in addition to their predecessors for developing a Website': Description Preceding Activities Activity Duration (days) Determine user needs Review s/w and languages Purchase software D. Design format and style 5 в E Write programs 3. A F Review outcome product with user 6. Make revisions C Select server site E Install on server D, F Test 4. G, H, I 1. Draw the path. 2. Calculate the carly finishing time (forwards calculations) 3. Highlight the total time to complete the project (days or weeks) 4. Calculate the late finishing time (backwards calculations) 5. Calculate the slack time of the non-critical path activities 6. Identify the critical path (highlight critical path activities) 7. what would happen if revised to take seven weeks instead of five weeksscenarios of a project activities (tables given below) and their required times to be completed in addition to their predecessors for developing a Website': Activity Description Duration (days) Preceding Activities A Determine user needs 8 В Review s/w and languages 4 C Purchase software 10 -- D Design format and style 10 В E Write programs 6. A F Review outcome product with user 12 C G Make revisions 4 C H Select server site 8 E I Install on server 14 D, F J Test 8. G, H, I 1. Draw the path. 2. Calculate the early finishing time (forwards calculations) 3. Highlight the total time to complete the project (days) 4. Calculate the late finishing time (backwards calculations) 5. Calculate the slack time of the non-critical path activities 6. Identify the critical path (highlight critical path activities) 7. what would happen if activity D revised to take 14 instead of 10 days?Activity 3: Scenarios of a project activities (tables given below) and their required times to be completed in addition to their predecessors for developing a Website": Activity Description Duration (days) Preceding Activities A Determine user needs 9 в Review s/w and languages 7 Purchase software 9. D Design format and style B. E Write programs 7 Review outcome product with user F 10 G Make revisions C H Select server site 8 E Install on server 11 D, F Test G, H, I 1. Draw the path. 2. Calculate the carly finishing time (forwards calculations) 3. Highlight the total time to complete the project (days or weeks) 4. Calculate the late finishing time (backwards calculations) 5. Calculate the slack time of the non-critical path activities 6. Identify the critical path (highlight critical path activities) 7. what would happen if revised to take seven weeks instead of five weeks
- Give examples of the following strategies (project where they can be used) • Scenarios1. Draw AOA network and Find the project duration.Q1: Explain the different types of Project Management Skills? Elaborate the following with the help of an example. · Building a WBS How? · Documenting Plans How? · Estimating costs · Estimating efforts
- Project Implementation Plan for Culinary Tourism.: • Creating a Project Implementation Plan for the new service to be offered by your team/group • Step 4 - Outline of Deliverables - Deliverables are the tangibles of your company. Outlining the deliverables, you hope to create can serve as a resource. This will include time frames/ due dates for ensuring the product/ service is brought to the market. For example - you can use the GANTT CHART for this part (GANTT chart helps teams to plan work around deadlines and properly allocate resources). You are also required to assign tasks for team members for which they would be accountable, and allocate resources for each input required.Q1 ) Scenarios of a project activities (tables given below) and their required times to be completed in addition to their predecessors for developing a ‘Website’: Activity Description Duration (weeks) Preceding Activities A Determine user needs 8 -- B Review s/w and languages 4 -- C Purchase software 10 -- D Design format and style 10 B E Write programs 6 A F Review outcome product with user 12 C G Make revisions 4 C H Select server site 8 E I Install on server 14 D,F J Test 8 G,H,I Draw the path. Calculate the early finishing time (forwards calculations) Highlight the total time to complete the project (days) Calculate the late finishing time (backwards calculations) Calculate the slack time of the non-critical path activities Identify the critical path (highlight critical path activities) what would happen if activity D revised to take 14 instead of 10 days?a. Introduction PPE GLOVEb. Objective of Project/Manufacturing Processc. History of Company/Product (PPE GLOVE)
- Q1. Project Planning and Quality Management: a) Develop a comprehensive project plan that includes the scope, objectives, timeline, and resource requirements for the development and production of the product related to Central Cable Berhad (CCB). b) Identify key quality management principles that will be crucial in ensuring the product meets industry standards and customer expectations. c) Propose a quality control plan outlining methods, tools, and checkpoints to ensure the consistent quality of the electric wires.Q1: What is the role of project manager ? itQ3. What is Project Scope Management? Discuss Project Scope and Product Scope. Why do you think preparing project scope management plan is important to be made?