1. Question :
(TCO A) Projects have specific attributes. Which of the following is not an attribute?
Student Answer: Has a sponsor or customer. Has interdependent tasks. Utilizes various resources. All of the above are project attributes. Instructor Explanation: Chapter 1, page 4-6. Points Received: 5 of 5 Comments:
2. Question :
(TCO A) Which step of the project life cycle produces all of the project deliverables?
Student Answer: Initiating Planning Performing Closing Instructor Explanation: Chapter 1, page 9; Lecture Week 1. Points Received: 5 of 5 Comments:
3. Question :
(TCO B) For a project, the objective is usually defined in terms of which three
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B) If a project schedule is relaxed or lengthened the impact of quality could add additional costs, a change in schedule as well as a budget increase. If you have additional time in your schedule you might be able to increase scope by adding tasks and duration. With this extra time and scope you can build a higher level of quality into the project and its deliverables. If you need to cut costs to meet your budget, you might have to decrease scope by cutting tasks or reducing task durations. Instructor Explanation: See tutorial in Week 1 lecture.
a) In order to meet the increase in scope, the project manager will increase costs and/or schedule increase. The triple constraints should always be balanced.
b) The quality is increased because there is more time to perform the task in a higher quality fashion. Points Received: 30 of 30 Comments:
5. Question :
(TCO B) You are reaching the end of your graduate school program, and are planning a large party to celebrate your success! You have rented out the local forest preserve as the venue for your party. Applying your project management skills, you want to ensure you have everything planned out and you’ve asked your family and friends to be a part of your team to hold this party. At your party, you have made it clear to your team what you want to have delivered. After all, it’s your party – you can have whatever you want! Some of the key items you want
Project C: This project will be a scale-up of a project done last year. All the same processes will be used. The costs for the material and other resources should be scalable based on last year’s costs.
a. (2 pts.) What is demand elasticity in the $10 - $20 price range? Is demand elastic, inelastic, or of unitary elasticity? Calculate the value and show all of your work. Be sure to use the midpoint equation used to determine elasticity.
Which of the following is an environmental concern of genetically engineered crops mentioned in your text?
| a) Crash cost of A = (600-300)/(5-3) = $150; Crash Cost of B = (450-250)/(3-2) = $200; Crash Cost of C = (500-400)/(6-4) = $50; Crash Cost of D = (400-150)/(5-3) = $125 b) As per the above schedule, the activities on the
Which layer of the OSI reference model handles logical addressing (IP addresses) and routing traffic?
Which of the following statements about striving to reduce labor costs per pair produced at each of the company's plants is true?
The answer can be found in the section “Republicanism and the Basis of Representative Democracy.”
According to the text, __________ refers to biochemical or genetic changes that cause cell mutations and that account for predictable for age-related diseases.
| The farmers of our state have asked that we introduce legislation to provide subsidies for soybeans. Unfortunately, we will have to turn down their request. If we give subsidies to the soybean farmers, then the corn and wheat growers will ask for the same thing. Then it will be the cotton growers, citrus growers, truck farmers, and cattle raisers. In the end, the cost will be astronomical.Answer
Review the three questions content under the Week 1 Lectures / Presentations content area. This video is by Fr. Michael Himes, a theologian at Boston College.
Also in terms of the ‘time’ aspect of the project the PM could shift resources e.g. people, equipment, etc, from non-critical to critical activities i.e. the critical path. It is frequently required to re-estimate the duration and staffing requirements of the critical path as the project progresses and changes occur (Kumar, 2005). The non-critical activities could then be allowed to consume their slack which will not affect the
Students reflect on their process throughout all phases of Senior Project—Paper, Project, Portfolio, Presentation. They evaluate the extent to which they improved , what task was the most challenging and why, and what they are most proud of and why. This is the final assignment for your semester, and if done well, a true sign of your
For a project to be successfully completed before due dates and keeping budget under control optimum utilization of resources is necessary; however, these limits may sometimes surpass. A significant variance may be
Also the overall cost of the project may have not been accounted for properly when the budget was originally developed and set. Meeting a projects budget, time, and user requirement takes the help of many to accomplish. The importance of meeting all these dynamics are vital to the success of the project. It important to be able to meet these constraints and overcome them.
Schedule ( can activities be crashed , can activities be aligned differently, can provider change its schedule, can you skip/defer activities , can milestones be missed or eliminated, etc.)