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Q1) Consider the following scenario:
Management at your project management firm wants to ensure staff members are fully trained on new technologies before planning, developing, and maintaining information technology projects for clients. As a result, your managers have decided to implement training for your company's 25-member project team. The training will focus on a variety of software application packages, starting with a Microsoft® Project application.
You have been asked to write an internal proposal for this training. You have also been asked to write an external proposal for the same type of training.
Create a table that shows the different elements that are found in an internal proposal and an external proposal for this training.
Summarize why the two proposal types are different in terms of these elements.
A sufficiently detailed Statement of Work (SOW) can assist with the negotiations during the bidding process as well as deal with potential conflicts during the execution of the contract. Prepare a Statement of Work with at least 8 sections.
Design an evaluation form to be used by functional employees after project termination to evaluate the effectiveness of the project manager.
Why is it important to know the ES, LS, EF, and LF of a given project?
How does the new duration compare with the estimated completion date generated from Part 1? What does this tell you about the impact resources can have on a schedule?
Depreciation is computed using MACRS over a 5 year life, and the cost of capital is 10%. The applicable depreciation rates are 0.20, 0.32, 0.19, 0.12, 0.11, and 0.06. Assume a 40% tax rate.
First, Forecast the cash flows generated by project X over its economic life. Second, determine the appropriate opportunity cost of capital(r).
Questionaire on Project Management
The activities that are necessary to build one of these experimental weed-harvesting machines are listed in the following table. Construct a network for these activities.
What characteristics do you look for when identifying a project stakeholder?
After reviewing the EV technique and calculations, does the method have any use when monitoring a project?
Does your recommendation change if the required rate of return falls to 12%.
Can an information systems project be managed? Or is the IT environment (and its connection to business) so complex and chaotic that any success is more a matter of luck than management skill?
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