Information Technology Project Management
9th Edition
ISBN: 9781337101356
Author: Kathy Schwalbe
Publisher: Cengage Learning
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Expert Solution & Answer
Chapter 12, Problem 6QQ
Program Description Answer
The Point of Total Assumption is when the contractor is held responsible for every extra dollar of the contract cost.
Hence, the correct answer is option “D”.
Expert Solution & Answer
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Students have asked these similar questions
Table that fulfills the function of relating each project requirement to the deliverable that satisfies it.
a.BCG Matrix
b.Project Requirements Traceability Matrix
c.Traceability Matrix
Question One (1)
You participated in an evaluation of proposals for consulting services. At the end of the Technical Evaluation which required a minimum of 70 points, you got the following results:
CONSULTANTS
KANYIHAMPA
MUSANGILA
Technical Score
75.17
76.17
Amount
USD475,000.00
USD625,000.00
The lowest evaluated financial proposal (Fm) is given the maximum financial score of 100. The formula for determining the financial score is as follows:
SF = 100 x Fm /F in which SF is the financial score, Fm is the lowest price and F is the price of the proposal under consideration. The weights given to the Technical and Financial proposals are 80 and 20 respectively.
Calculate for each consultant below (a – c):
Weighted Technical score.
Financial score
Combined weighted Technical and weighted Financial score
Indicate the best evaluated bidder and their points
A company specializing in custom-engineered equipment is planning to submit a proposal to the National
5.
Aeronautics and Space Administration (NASA) to build an assembled component for a new space station that NASA plans to
launch into orbit. The winning proposal will be selected on the basis of both cost and timely delivery. Also, there will be a
penalty clause in the NASA contract for late delivery. The company has developed the schedule of activities that are required
to produce the assembled component. The activities and precedence requirements are presented in the table below. Three time
estimates (in weeks) are given for each activity: optimistic time, most likely time, and pessimistic time. (a) What completion
time should the company specify in its proposal in order to be 85% sure that it will complete the project on time?
ij
Activity
Immediate predecessor
Optimistic time (weeks)
a
b
d.
h
b
e, d
d e,f f,g
h, i
a
a
a
15
8
10
20
17
4
10
Most likely time (weeks)
24
16
10
14
26
23…
Chapter 12 Solutions
Information Technology Project Management
Knowledge Booster
Similar questions
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- A purpose of Commitment Scale is to to list actions that can improve Stakeholder interest. True/Falsearrow_forwardQ6) Which of the following does not fall under the project risk categories? a. Schedule b. Resource c. Scope d. Qualityarrow_forwardGiven the following information for a one-year IT project of Gulf Hospital System, answer the following questions. Recall that PV is the planned value, EV is the earned value, and AC is the actual cost. PV = $ 32,000 EV = $ 25,000 AC = $ 36,000 Calculate the cost variance, schedule variance, cost performance index (CPI), and schedule performance index (SPI) for the given project. Justify the results.arrow_forward
- Under this section, include the following: • Project identification – Chose one of the projects above (Project Title, Project Description precisely stating the Core Problem to be solved, Primary Customer and Stakeholders) • Feasibility studies (Technical Feasibility, Economic Feasibility and Organizational Feasibility) • Adopt an SDLC development methodology • List the Tasks to be Performed and Develop a Work Plan (Gantt Chart) In this section, you are required to determine the main business requirements; consequently, the following must be included:• List the functional and nonfunctional business requirements for the system. • Create Use Cases for each requirement• Draw context diagram as well as level 0 Data Flow Diagram.arrow_forwardThe purpose of a scope statement is to outline the deliverables of the project for the benefit of stakeholders particularly the end user. Select one: True Falsearrow_forwardThe examination of alternatives is one of the major tasks of a proposal team, especially for tender proposals. However, in many cases, important alternatives are omitted or neglected by the proposal team. 1. List real cases and common situations where negligence in defining and examining important alternatives can be expected. 2. In what situations are these types of discrepancies least likely to occur?arrow_forward
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