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1) Establish the project objectives, and make a list of your assumptions about the project;

2) Develop a work breakdown structure;

3) Prepare a list of the specific activities that need to be performed to accomplish the project objective;

4) For each activity, assign the person who will be responsible;

5) Create a network diagram that shows the sequence and dependent relationships of all the activities;

6) Estimate the duration for each activity;

7) Using a project start time of 0 (today or as you desire) and a required project deadline of May 15. Calculate the ES, EF, LS, and LF times and total slack for each activity. If your calculations result in a project schedule with negative total slack, revise the project scope and activity estimated durations to arrive at an acceptable baseline schedule for completing the project by the project deadline.

8) Determine the critical path;

9) Use the software to produce a bar chart (Gantt Chart) based on the schedule in item.

10) Use the responsibility assignments you made in item and the baseline schedule you developed in items to develop a resource requirements table (similar to Figure 6.3), for each resource, based on as-soon-as-possible (ASAP) schedule.

11) Estimate the cost for each activity using the schedule in items;

12) Determine the total budgeted cost for the project;

13) Prepare a budgeted cost by period tableand a cumulative budgeted cost (CBC) curve for the project;

14) Identify at least four risks that could jeopardize the project;

15) Create a risk assessment matrix including a response plan for each of the risks.

Marketing Management, Management Studies

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