Question 3a. One of the key phases of a project cycle is that of identification. Explain three waysthrough which a project could be identifiedb. Mention three key problems or challenges associated with Social Cost Benefit Analysisc. Identify and explain three challenges or difficulties associated with the application ofPotential Pareto Optimality.

SOCIAL COST BENEFIT ANALYSIS POTENTIAL PARETO OPTIMALITY

Answered: Question 3 a. One of the key phases of…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Case: Friendly Assisted Living Facility-3 (pg.104) Q1: Define the deliverables for this project Q2: Define the constraints and assumptions for this project Q3: Develop a preliminary Level 1 WBS Q4: Develop a RACI matrix for this project based on the level 1 WBS Q5: Would a Project Charter have been useful here? Explain. C A S E Friendly Assisted Living Facility-3 Continuing with the ALF Steering Committee meeting Fred led a discussion of all the major steps that must be included in the project plan, and inked each team member to identify the areas for which they would accept responsi bility. The hospital's Construction Project Manager took responsibility for the constructions of the facility, and the COO volunteered to oversee the building design, as well as define the needs for food services, housekeeping, staff ing, and policy and procedure development. The CFO agreed to develoys the budgets for each area of the project as well as the operating budget for the facility.…
3.1 Use the generated information to calculate the NPV of the project, to decide whether to go ahead with the project. Investment required Expected economic lifetime R200 000 5 years. Minimum required rate of return 10% Net annual cash inflows 1st year 2nd year R40 000 R100 000 R90 000 3rd year R40 000 4th year R30 000 5th year
Slove the quation: Tony and his team identified some risks during the first month of the Recreation and Wellness Intranet Project. However, all they did was document the risks in a list. They never ranked the risks or developed any response strategies. Because the project has had several problems, such as key team members leaving the company, users being uncooperative, and team members not providing good status information. Tony has decided to be more proactive in managing risks. He also wants to address positive risks as well as negative risks. The quation is ; Develop a response strategy for one of the negative risks and one of the positive risks. Enter the information in the risk register.
III. Risks and Feasibility This section of your report identifies risks and confirms the feasibility of the information systems development project. Project feasibility analysis verifies whether a project may be started and successfully completed. Your report should address the feasibility issues listed below. Start by clearly describing what issues are addressed by each feasibility category (see the relevant definitions in the textbook), and discuss the feasibility of the project with respect to each category. Determine organizational and cultural feasibility. This evaluates organizational and cultural issues to identify potential risks for the new system. See pp. 269–270 of the textbook for examples of potential issues.Note: the textbook does not provide an exhaustive list of possibilities!Note: ‘organization’ in this context refers to the Car Sharing community—all stakeholders, but particularly members and prospective members. Assess technological feasibility. See p. 270 of the…
Page 3 of 5You have recently gained your APM Risk qualification and have been asked to join the University’s project team on a consultancy basis to help implement a robust riskmanagement process on the project.Section A Questionsa) List 5 Stakeholders in the projectb) State the main objectives and success criteria for the project.c) Prepare a draft risk management plan, completing all relevant sections with information obtained from the case study. Marks will be awarded according to the following scheme:i.Introductionii.Project Description iii.Purpose and Scope of Risk Managementiv.Risk Management Organisation v.Risk Management Process vi.Key deliverables d) State 5 risks that may occur on this project. Ensure that risks are stated using the formatcause – risk event – effect. e) For 2 (two) of the stated risks State who (in your opinion) the potential owner would be Explain (again in your opinion) what could be done to respond to the risk  State (in your opinion) what would be the…

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