Assignment 2 Final

2. Use the projections provided in the case to compute the incremental cash flows for the PCB project. Provide a reasonable estimate for cash flows after 2009 as well.

3. What are the objectives (in measurable terms) of the project? Is the goal achievable in

Any path that if delayed will delay the completion of the entire project is known as a:

(b) Describe the EVM process used to determine how far our project is ahead of or behind schedule.

For each of the scenarios that follow, define whether the project is a profit-enhancing, cost-control, or publicimprovement program. If possible, define the scenario further as an expansion, replacement, or abandonment

Another element that is essential in the project management plan is the cost management plan. The main focus of the cost management plan is overseeing the cost of the necessary resources for the execution of the project (PMI, 2013). This function is completed within the planning stage of an endeavor to provide a structure to support performance and efficiency throughout the lifecycle of the undertaking (PMI, 2013). For the AAE Project, analogous and parametric estimating was utilized in estimating the potential costs of the endeavor. Appendix T shows the cost breakdown of each activity within the project by separating the salaries, equipment/vendor costs, and vendor contract costs. Since

‘’Cost performance on project s often poor, what are the possible causes of this and how can it be improved?’’

I will consider the project dates stated in question 3 for this question and also consider that

4. During which month of the project are the highest and lowest costs expected to

Provide your view, with reference to what you’ve read about project management so far, on the following:

One of the projects was the 156,000 square foot Huntsman Cancer Center Phase IIB expansion. What was the impact on that project of having improved financial controls and better

Budget content and justification. Each task will be persistently assessed for its necessity to discourage superfluous spending. Hourly costs due to development time and other resources may vary, in which case costs will be adapted accordingly as the project implementation process continues. The project’s preliminary budget is projected to be $14,176.

BAC remains for Budget At Completion, EAC remains for Estimate At Completion. BAC is the thing that at to start with, you thought the project would cost you in your beginning project cost plan. BAC is the budget set in the beginning of the project. EAC is the estimate of what the project will cost based on the present numbers.

Size: The size of the project is Medium-Large as staff from a lot of different technical departments across the organization will be involved in the project.

Exercise 2.1 (10 Points): Projects may be classified as follows:    Compliance: d., g., i. Operational: a., c., j. Strategic: b., e., f., h.