This document provides information about an assignment for a Project Management course. It includes 3 problems related to project management concepts. For the first problem, the correct answer is d, as a project is not considered closed until all completion activities have occurred. For the second problem, the best risk identification method is b, the Delphi technique, as it allows for anonymous participation. For the third problem, the cost performance index that should be reported is the actual cost to date divided by the planned cost to date, which would be greater than 1 given that actual costs are 10% over budget at the 60% completion point.
The Complete Project Management Exam Checklist: 500 Practical Questions & Answers for Exam Preparation and Professional Certification: 500 Practical Questions & Answers for Exam Preparation and Professional Certification
This document provides information about an assignment for a Project Management course. It includes 3 problems related to project management concepts. For the first problem, the correct answer is d, as a project is not considered closed until all completion activities have occurred. For the second problem, the best risk identification method is b, the Delphi technique, as it allows for anonymous participation. For the third problem, the cost performance index that should be reported is the actual cost to date divided by the planned cost to date, which would be greater than 1 given that actual costs are 10% over budget at the 60% completion point.
This document provides information about an assignment for a Project Management course. It includes 3 problems related to project management concepts. For the first problem, the correct answer is d, as a project is not considered closed until all completion activities have occurred. For the second problem, the best risk identification method is b, the Delphi technique, as it allows for anonymous participation. For the third problem, the cost performance index that should be reported is the actual cost to date divided by the planned cost to date, which would be greater than 1 given that actual costs are 10% over budget at the 60% completion point.
This document provides information about an assignment for a Project Management course. It includes 3 problems related to project management concepts. For the first problem, the correct answer is d, as a project is not considered closed until all completion activities have occurred. For the second problem, the best risk identification method is b, the Delphi technique, as it allows for anonymous participation. For the third problem, the cost performance index that should be reported is the actual cost to date divided by the planned cost to date, which would be greater than 1 given that actual costs are 10% over budget at the 60% completion point.
Course name Project Management Course Code HUM 5202 Activity/Assignment No. Type Last date for Submission Format Submission 2. Application January 3, 2019 Soft Copy through LMS /E-Mail Assignment [6 marks] The objective of this assignment is to apply the concept of project management that has been discussed during the coursework. Problem-1 You are a Project Manager in a highly project-oriented organization. You have been managing an application development project, and have recently completed its execution. The Resource Manager in your organization is planning to disband your project team for a different project. Would he be correct in disbanding and assigning the project team to a different project at this point? Justify your answer. a. Yes, because in a project-oriented organization, it is not necessary to close projects after their execution is complete. b. No, because in a project-oriented organization, the Project Manager has more authority than the Resource Manager. c. Yes, because the execution of the project is complete. d. No, because the project is not yet closed. Problem-2 Your project spans the entire organization. You would like to assess the risk of the project, but you are worried that some managers involved in the project could affect the outcome of any risk identification meeting and also some employees would not want to publicly identify risk events that could make their supervisors look bad. You would like to implement a method that will allow participants to anonymously identify risk events. Which risk identification method could you use? Justify your answer. a. Expert Judgement b. Delphi Technique c. SWOT Analysis d. Root cause Analysis Problem- 3 You're preparing a status report for your project stakeholders, based on the performance of your project till date. The project has a budget of $567,000 and is sixty percent complete. However, the project should have been 75 percent complete. The costs of the project till date are ten percent more than what was planned to reach this sixty percent milestone. What is the cost performance index that you should include in your status report?
The Complete Project Management Exam Checklist: 500 Practical Questions & Answers for Exam Preparation and Professional Certification: 500 Practical Questions & Answers for Exam Preparation and Professional Certification