{"id":16238,"date":"2021-11-16T11:01:14","date_gmt":"2021-11-16T11:01:14","guid":{"rendered":"https:\/\/assignmenttutors.net\/blog\/mgt-150-project-management-assignment-12-3\/"},"modified":"2021-11-16T11:01:14","modified_gmt":"2021-11-16T11:01:14","slug":"mgt-150-project-management-assignment-12-3","status":"publish","type":"post","link":"https:\/\/assignmenttutors.net\/blog\/mgt-150-project-management-assignment-12-3\/","title":{"rendered":"Mgt 150 : project management : assignment 1,2 & 3"},"content":{"rendered":"
\n

Assignment 1\u00a0<\/strong><\/p>\n

\u00a0<\/p>\n

\u00b7 Bottom-up cost estimating exercise (Module 3, pp 19-20)\u00a0<\/p>\n

\u00a0<\/p>\n

\u00b7 Parametric cost estimate exercise (Module 3, pp. 43-44)\u00a0<\/p>\n

\u00a0<\/p>\n

\u00b7 For the table below\u00a0<\/p>\n

\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0o Create a PERT\/CPM chart\u00a0<\/p>\n

\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0o Compute project duration\u00a0<\/p>\n

\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0o Compute Latest Start, Earliest Start, and Float (Slack)\u00a0<\/p>\n

\u00a0<\/p>\n

Task \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Predecessor \u00a0 \u00a0 \u00a0 \u00a0Duration (in days) \u00a0 \u00a0 \u00a0 \u00a0 Latest start \u00a0 \u00a0 \u00a0 \u00a0Earliest start \u00a0 \u00a0 \u00a0 Float (slack)<\/p>\n

\u00a0 \u00a0A \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Start \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 6<\/p>\n

\u00a0 \u00a0B \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0A,D \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a08<\/p>\n

\u00a0 \u00a0C \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 B \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 10<\/p>\n

\u00a0 \u00a0D \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0Start \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a07<\/p>\n

\u00a0 \u00a0E \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 12<\/p>\n

\u00a0 \u00a0F \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Start \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a012<\/p>\n

\u00a0 G \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0F \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a012\u00a0<\/p>\n

\u00a0<\/p>\n

\u00b7 Exercise 3-2 (Module 3, p. 61)\u00a0<\/p>\n

\u00b7 Exercise 3-3 (Module 3, pp. 63-64)<\/p>\n

\u00a0<\/p>\n

\u00a0<\/p>\n

\u00a0<\/p>\n

Assignment 2\u00a0<\/strong><\/p>\n

\u00a0<\/p>\n

Following are cost and schedule data for a project that is underway.\u00a0<\/p>\n

\u00a0<\/p>\n

Month \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a01 2 3 4 5 6 7 8 9 10 11 12\u00a0<\/p>\n

Planned \u00a0 \u00a0 \u00a030 35 42 46 40 52 45 48 50 40 30 15\u00a0<\/p>\n

Actual \u00a0 \u00a0 \u00a0 \u00a0 \u00a010 25 47 55 52 54 50 58\u00a0<\/p>\n

\u00a0<\/p>\n

Project Cost Data\u00a0<\/p>\n

<Table Attached in the answer><\/p>\n

\u00a0<\/p>\n

Project Schedule Data\u00a0<\/p>\n

1. Using the cost data in the cost table above, create a cumulative cost curve comparing actual versus planned costs (Note: with the cumulative cost curve \u2013 also called the S-curve \u2013 you must cumulate the cost data. See More Info, Module 3, p. 53.)<\/p>\n

\u00a0<\/p>\n

2. Using the schedule data in the schedule table above, create a Gantt chart comparing actual versus planned schedule performance\u00a0<\/p>\n

\u00a0<\/p>\n

3. Summarize in words what you see project status to be at this time. What do you predict regarding the final cost and final schedule for the project? Note, by looking at the schedule and cost day simultaneously, you are engaging in integrated cost\/schedule control.\u00a0<\/p>\n

\u00a0<\/p>\n

\u00a0<\/p>\n

Assignment 3\u00a0<\/strong><\/span><\/p>\n

\u00a0<\/p>\n

Following are data reporting progress on a project. Work on all tasks contained in the table is scheduled to be complete as of the day of the report.\u00a0<\/p>\n

\u00a0<\/p>\n

\u00a0<Table Attached in the answer ><\/p>\n

\u00a0<\/p>\n

Questions\u00a0<\/strong><\/p>\n

\u00a0<\/p>\n

1. Using the 50-50 Rule, what is earned value for this project? (Put answer into the \u201cEarned value\u201d column in the table.)\u00a0<\/p>\n

\u00a0<\/p>\n

2. Using the 0-100 Rule, what is earned value for this project? (Simply supply the number)\u00a0<\/p>\n

\u00a0<\/p>\n

3. Note the discrepancy of earned value figures when using the 50-50 Rule and 0-100 Rule. Why is there a discrepancy? Which Rule should we use? Explain your rationale.\u00a0<\/p>\n

\u00a0<\/p>\n

4. Using the 50-50 Rule earned value computation, what is schedule variance for the project as reported? (Put answer into the \u201cSched var\u201d column in the table.)\u00a0<\/p>\n

\u00a0<\/p>\n

5. What is the schedule performance index (SPI)? (Provide the number. What does this number mean?)\u00a0<\/p>\n

\u00a0<\/p>\n

6. Using the 50-50 Rule earned value computation, what is the cost variance for the project as reported? (Put answer into the \u201cCost var\u201d column in the table.)\u00a0<\/p>\n

\u00a0<\/p>\n

7. What is the cost performance index (CPI)? (Provide the number. What does this number mean?)\u00a0<\/p>\n

\u00a0<\/p>\n

8. If the total budget for this project is 5000, use CPI to compute estimate at complete (EAC).\u00a0<\/p>\n

\u00a0<\/p>\n

9. Using the earned value information garnered from the above table, provide your boss a brief status report on project progress to date. Also, provide projections for future status.\u00a0<\/p>\n

\u00a0<\/p>\n

Reasonable Price, Top Solution, Top Author – Buy With Confidence\u00a0<\/span><\/strong><\/p>\n

\u00a0<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Assignment 1\u00a0 \u00a0 \u00b7 Bottom-up cost estimating exercise (Module 3, pp 19-20)\u00a0 \u00a0 \u00b7 Parametric cost estimate exercise (Module 3, pp. 43-44)\u00a0 \u00a0 \u00b7 For the table below\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0o Create a PERT\/CPM chart\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0o Compute project duration\u00a0 \u00a0 \u00a0 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":["post-16238","post","type-post","status-publish","format-standard","hentry","category-homework-help"],"_links":{"self":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/16238","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/comments?post=16238"}],"version-history":[{"count":0,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/16238\/revisions"}],"wp:attachment":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/media?parent=16238"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/categories?post=16238"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/tags?post=16238"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}