Suppose that you are the project manager of a project with the following project baseline information… estimated project duration of 4 months and an expected project cost of $400,000. How would you determine if the project is meeting the cost and schedule objectives at the end of the first month?What tools/concepts would you employ to assess the project status at the end of the first month?Include a brief description of the info that each tool provides.
Use the excel file provided in question 1 and the data inclu…
Use the excel file provided in question 1 and the data included in the ‘Project Status’ tab to assess project performance at the end of period 6 and answer the following question. What is the SPI(schedule performance index) for the project? (round to two decimal places. Example….1.1035 = 1.10)
Write an 80 – 120 word response that summarizes the key poin…
Write an 80 – 120 word response that summarizes the key points in the PMI ethical standards. Include ways in which you might use these standards in future projects to which you are assigned.
Suppose that you are the project manager of a project with t…
Suppose that you are the project manager of a project with the following project baseline information… estimated project duration of 4 months and an expected project cost of $400,000. How would you determine if the project is meeting the cost and schedule objectives at the end of the first month?What tools/concepts would you employ to assess the project status at the end of the first month?Include a brief description of the info that each tool provides.
Suppose that you are the project manager of a project with t…
Suppose that you are the project manager of a project with the following project baseline information… estimated project duration of 4 months and an expected project cost of $400,000. How would you determine if the project is meeting the cost and schedule objectives at the end of the first month?What tools/concepts would you employ to assess the project status at the end of the first month?Include a brief description of the info that each tool provides.
Use the excel file provided in question 1 and the data inclu…
Use the excel file provided in question 1 and the data included in the ‘Project Status’ tab to assess project performance at the end of period 6 and answer the following question.What is the cumulative CV(cost variance) for the project? (input answer as an integer with no decimals or dollar signs. If the CV for the project is negative, place the minus sign before the value. Example….-16)
Use the excel file provided in question 1 and the info in th…
Use the excel file provided in question 1 and the info in the ‘PERT’ tab to answer the following question. Management wants the project finished within 65 time periods. What is the probability that the project will be finished within 65 time periods? (round your answer to the nearest percentage. Example…47.625 = 48. Don’t include a % sign in your answer)
Identify the three project objectives–that are traditionall…
Identify the three project objectives–that are traditionally used to measure the ultimate success of a project. The text refers to the measures as the triple constraints or tradeoffs. Describe how the planning process–project definition/scope/WBS/project network—contribute to achieving the three project objectives.
What is meant by a work breakdown structure and how does the…
What is meant by a work breakdown structure and how does the WBS help manage projects?
Use the following task/activity durations and the project ne…
Use the following task/activity durations and the project network in the tab named NCP – 2 in the excel file provided in question 1 to answer the following question. Task durations are in days. What is project duration in days? Task A duration… days Task B duration… days Task C duration… days Task D duration… days Task E duration… days Task F duration… days Task G duration… days Task H duration… days Task I duration… days Task J duration… days The task durations in question 6 are used for question 7 as well.