Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Project Management Expert

Question 1 - Assume that you have the following decision-making options:

(1) make the decision on your own with available information,

(2) consult others before making a decision, and

(3) call a meeting and reach a consensus, seeking to arrive at a final decision everyone can agree on.

a) Research and find an example online of two difficult business decisions.

b) Write a paragraph in your own words to describe each decision (1/2 to 1 page total).

c) Write another paragraph for each decision to discuss which approach would you use to make the decision and why (1/2 to 1 page total).

Remember to indicate where your information came from.

Question 2 -

a) On day 51 a project has an earned value of $650, an actual cost of $690, and a planned cost of $590. Compute the SV, CV, and CPI for the project. What is your assessment of the project on day 51?

b) Given the project network and baseline information below, complete the form to develop a status report for the project at the end of period 5 and the end of period 9.

c) From the data you have collected and computed for periods 5 and 9, what information are you prepared to tell the customer about the status of the project at the end of period 9?

1952_figure.png

Use the following information to help you to produce a report for period 5 and period 9

End of Period 5

Task

Actual % Complete

EV

AC

PV

CV

SV

A

Finished


310

400



B

55%


1100

1000



C

39%


530

1100



D

0%


0




E

0%






Cumulative Totals







 

End of Period 9

Task

Actual % Complete

EV

AC

PV

CV

SV

A

Finished


310

400



B

Finished


2500

2400



C

Finished


1700

1500



D

30%


400

400



E

39%


400

700



F

5%


0

0



Cumulative Totals







Clearly show or explain how you arrived at your answers (simply writing the answer alone is not enough). Make sure that you justify your opinions.

Need it as per the guidelines.

Project Management, Management Studies

  • Category:- Project Management
  • Reference No.:- M92400742

Have any Question?


Related Questions in Project Management

What methods could a project manager use to resolve

What methods could a project manager use to resolve resource overloads?

How might researchers study the effectiveness of inclusive

How might researchers study the effectiveness of inclusive leadership with regard to overall organizational effectiveness and competitiveness?

Leading lean projects assessment case study - continuous

Leading Lean Projects Assessment Case study - Continuous Improvement Introduction - Precision Engineering Works Private Limited (PEW) is an original equipment manufacturer specialising in plastic moulding parts for the t ...

What is fast tracking and its impact on the project as it

What is fast tracking and its impact on the project as it relates to project management

Your essay should be a properly constructed academic essay

Your essay should be a properly constructed academic essay of 5,000 words. It should contain an effective introduction, body and conclusion. The introduction should introduce the essay and include your argument. The body ...

Assignment 1 the core values and principlesplease have the

Assignment 1: The Core Values and Principles Please have the following titles and include content as per assignment instructions under each paragraph: History of Agile project management. Philosophy and purpose of Agile ...

What are the advantages and disadvantages of cost of poor

What are the advantages and disadvantages of Cost of Poor Quality (COPQ)?

Developing an innovative solution to a problem involves

Developing an innovative solution to a problem involves several steps.kindly elaborate?

Define quality management philosophy and identify which

Define quality management philosophy and identify which quality guru worked with Toyota to make it a success?

Wahat are the similarities and differences between the

Wahat are the similarities and differences between the PMBOK and PRINCE2 approaches to project Stackholder management.

  • 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

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As