PROJECT MANAGEMENT (LOOSELEAF)-W/ACCESS
7th Edition
ISBN: 9781260216011
Author: Larson
Publisher: MCG
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Textbook Question
Chapter 4, Problem 6E
Use an example of a project you are familiar with or are interested in. Identify the deliverables and organizational units (people) responsible. How would you code your system? Give an example of the work packages in one of your cost accounts.
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Prepare and upload a 1-page cost model for this project using spreadsheet software. Use the following work breakdown structure (WBS), and document your assumptions in preparing the cost model. Assume a labor rate of $100 per hour for the project manager and $60 per hour for other project team members. Assume that none of the work is outsourced, labor costs for users are not included, and there are no additional hardware costs. The total estimate should be $200,000.
Project management
Requirements definition
Website design
Registration for recreational programs
Registration for classes and programs
Tracking system
Incentive system
Website development
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Using the cost model you created in the first task, prepare a cost baseline by allocating the costs by WBS for each month of the project.
Assume that you have completed 3 months of the…
In many projects, teams are tempted to immediately identify solutions for implementation. Explain why is important to follow a process for understanding the problem, and who should be involved in final solution prioritization.
Entrepreneur Andrew Field bought a print shop and used his selling skills to boost sales to about $1 million annually. The high fixed cost structure of his business resulted in only a break-even situation, however, and Field saw no hope for improvement given his relatively small local markets.
The idea for a Web site finally struck. Field devised an interactive Web site system to fill his idle capacity. Customers design and submit their orders through a simple program. The company then e-mails a project number and link to a proof of the order, and once approved by the customer, a production, shipping, and delivery date are established.
Field filled his idle capacity and then took his company to the next level by soliciting more work and subcontracting that to competitor companies. Word of the ease and reliability of Fields system has spread, and the company now averages about 7,000 visitors to its site each day, generating sales of $8 to $9 million.
Q1. Would Fields strategy for…
Chapter 4 Solutions
PROJECT MANAGEMENT (LOOSELEAF)-W/ACCESS
Ch. 4 - What are the six elements of a typical scope...Ch. 4 - What questions does a project objective answer?...Ch. 4 - What does it mean if the priorities of a project...Ch. 4 - What kinds of information are included in a work...Ch. 4 - When would it be appropriate to create a...Ch. 4 - How does a communication plan benefit management...Ch. 4 - You are in charge of organizing a dinner-dance...Ch. 4 - In small groups, identify real life examples of a...Ch. 4 - Develop a WBS for a project in which you are going...Ch. 4 - Prob. 4E
Ch. 4 - Develop a WBS for a local stage play. Be sure to...Ch. 4 - Use an example of a project you are familiar with...Ch. 4 - Prob. 7ECh. 4 - Your roommate is about to submit a scope statement...Ch. 4 - Make a list of the major deliverables for the...Ch. 4 - How would developing a WBS alleviate some of the...Ch. 4 - Where can Nicolette find additional information to...Ch. 4 - Prob. 4.1.4CCh. 4 - What factors and forces contributed to scope creep...Ch. 4 - Is this an example of good or bad scope creep?...Ch. 4 - How could scope creep have been better managed by...
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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.Similar questions
- What tool is used to ensure that all tasks in a project have the right mix of project team members assigned?arrow_forwardPlease no written by hand solutions Use an example of a project you are familiar with or are interested in. Identify the deliverables and organization units (people) responsible. How would you code your system? Give an example of the work packages in one of your cost accounts.arrow_forwardBaseline project budgets are derived from The organization's overall budget Time-phasing the cost of work packages The earned value system The total direct, direct project overhead and G&A overhead costsarrow_forward
- Work Breakdown Structure goals should be communicated to the audience (WBS). Should you follow your SDLC while managing a software project?arrow_forwardDevelop a Work Breakdown Structure (WBS) for the following case study by using Top-down Approach. You are hired as a project manager to develop the Campus Management System (CMS) of a famous educational complex. CMS is designed to promote automated university administration and provides a medium for teachers, staff and administration to work in harmony. CMS has a complete role based access where in various resources are made available depending upon the role assigned. The Student module includes students to add, modify and view features designed to ease registration. The Academic Management module deals with academic history of the students and it allows determining student's expertise level through his obtained grades. The Fee Management module keeps track of fees paid and dues and allows printing of fee voucher. The Course Management module allows maintaining different courses, the respective instructors and session details. The Alerts and Notification module is email based alerts…arrow_forwardHow can project managers ensure that the project deliverables meet the client's requirements in a time and cost-constrained project?arrow_forward
- Given the following data:ActivityPredecessorDuration (days)a-10b-15ca17db5eb4fc15gd7he8if12jg,h,i104.1 Draw the network (AON) and calculate and calculate the Critical Path. 4.2 Your organization has been appointed to co-ordinate the local government elections.Develop a Work Breakdown Structure (WBS) – graphical format for this project.arrow_forwardPlz see the requirements and do exactly like they ask plzarrow_forwardBuild a work breakdown structure either customer relationship management or supply chain management system project. The Project should use an iterative approach and be organized by the following phases (Project Initiation, Project Plan, Iteration one: Requirements Discovery, Analysis, Design, Construction, Integration Testing, Deployment, Close iteration and Project Close-out). You should include at least two tasks within each phase and one major deliverable.arrow_forward
- What are options models and when should they be used to evaluate projects? Provide an example.arrow_forwardb) Outline the main stages of a typical project and explain the information produced as outputs of one stage to the next?arrow_forwardAfter the first month of a project, the Actual Cost was $400 and the planned cost for the first month was $500. Currently, only 50% of the work have been completed. Based on this information, calculate the following: a.Cost Performance Index b.arrow_forward
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