Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Project Management Expert

problem 1)

(a) Project Corniche concerns the construction of a high profile modern house. From the scope statement, you can gather the following key words: Ground floor+ 1, pool, garage, back garden, bedrooms upstairs, attached bathroom. Draw a Work Breakdown Structure for this project up to WBS Level 3.

(b) What are the 5 Process Groups? In which Process Group are Feasibility Studies usually carried out?

(c) During a status meeting for a major building construction project, the client increases the scope by adding new features to the exterior architecture to blend with the surrounding natural environment as required by the newly promulgated Building Guidelines for this region. Using the concept of Triple Constraints, describe the impact that this change will have on the project.

problem 2)(a) Consider the following table of activities

1964_Activity table.jpg

(i) Draw the Network Diagram for these activities.

(ii) Find the Latest Start and Latest Finish times for the activities. Hence find the float for each activity.

(iii) What is the Critical Path?

(iv) What will happen if Activity A is delayed by two days?

(b) Your organization wishes to renovate its construction equipment by replacing used parts. An experienced mechanic was hired to do the repair and parts replacement jobs. The mechanic has submitted the following information:

• If the parts are relatively simple and the easy to replace, the exercise will take 50 hours.

• If something goes wrong that would require additional works, he expects the exercise to take probably 60 hours.

• If he runs into unforeseen problems, with unavailable parts whereby replacement parts will have to be manufactured at the metal workshop, it will take closer to 130 hours.

• if the mechanic charges Rs 100 per hour, what is the expected cost?

problem 3)(a) Aruba Company intends to develop a new product: either a Baby Shampoo or a Sun Lotion. The market for each product is known if the products can be successfully developed. However, there is some chance that it will not be possible to successfully develop them. Revenue of MUR 1,000,000 would be realized from selling the Baby Shampoo and revenue of MUR 400,000 would be realized from selling the Sun Lotion. Both of these amounts are net of production cost but do not include development cost. If development is unsuccessful for a product, then there will be no sales, and the development cost will be totally lost. Development cost would be MUR 100,000 for the Baby Shampoo and MUR 10,000 for the Sun Lotion.

(i) Using a decision tree, show the different alternatives and outcomes.

(ii) If the probability of having successful development of the Baby Shampoo is 0.5 and that of the Sun Lotion is 0.8, using Expected Monetary Value, determine the best alternative.

(b) describe what are the possible strategies which can be adopted when planning risk responses for a Positive Risk?

Project Management, Management Studies

  • Category:- Project Management
  • Reference No.:- M95783

Have any Question? 


Related Questions in Project Management

How would you assess the level of ethical interpersonal

How would you assess the level of ethical interpersonal communication in organization at which you are or have been employed? Give a concrete examples that serve as the basis of the assessment?

Choose a piece of writing from a profession you are

Choose a piece of writing from a profession you are unfamiliar with. For example, if you are studying biology, choose an excerpt from a book on fashion design. Identify several terms you are unfamiliar with, terms that m ...

If you view systems development as a question and-answer

If you view systems development as a question and-answer session, another question you could ask is, "Why do organizations develop IT systems?" Consider what you believe to be the five most important reasons organization ...

In the exercise extend situation calculus to allow for

In the exercise, extend situation calculus to allow for actions that take place simultaneously. Use a function called Simultaneously, which takes two actions as arguments and denotes the combined action. Consider a grid ...

Project implementation planusing the group recommendation

Project: Implementation Plan Using the group recommendation memo and merged topology, develop a high-level plan for implementing the changes and mitigating vulnerabilities and convergence issues. The high level plan shou ...

Write a 500-750-word paper that identifies the major

Write a 500-750-word paper that identifies the major characteristics of services compared with goods, and describe how technology is changing the customer service and service offerings.

Planning strategic planning - concluding thoughtswrite in

Planning : Strategic Planning - Concluding Thoughts Write in APA STYLE in 5 PAGES. and also include references. In developing this assignment, you have an opportunity to synthesize and apply the concepts, principles, and ...

Assignmentpart 1schedulingfor an organization the following

Assignment: PART 1 Scheduling For an organization, the following project schedule is given. Assume that all times are in days. Task Predecessor Normal Time Crash Time Crash Cost Slope A None 7 7 NA B A 3 3 NA C A 8 4 600 ...

Cautionary tales of indiscreete - mail wrongdoing at

CAUTIONARY TALES OF INDISCREETE - MAIL Wrongdoing at Computer Associates and at Enron, once giants in their respective industries, was brought to light by forgotten and/or deleted e-mails. The recovered e-mails brought d ...

Discussionagile schedule development gradedas we have seen

DISCUSSION Agile Schedule Development (graded) As we have seen, traditional and Agile schedule developments are quite different. Agile project management was originally developed to do software development. Could a tradi ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen