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Task Nr 1 Task 2 Mobilization 2.1 Obtain Facilities 5 days Task Nr 1 F-S +2 days Facilities 2. 2 Mobilize Project 15 days Team Task Nr 1 F-S +5 days...

This is a PROJECT MANAGEMENT assignment. The questions are attached. The textbook by Larson and Gray will be needed. You will need Microsoft Project 2010 also. Other supporting documents are attached. Please show your work since partial credit if the approach is correct even if the answer is wrong.
ACQUISITION PROJECT Task Nr Task Duratio n Predecessor Relatio n Lag (+)/Lead(-) Resources Note: 1 Contract Award 0 days Award Date is 1-3-2011 2 Mobilization 2.1 Obtain Facilities 5 days Task Nr 1 F-S +2 days Facilities One-time Cost at start of mobilization. 2. 2 Mobilize Project Team 15 days Task Nr 1 F-S +5 days Homer (100%) Marg (50%) Bart (50%) Lisa (50%) Maggie (50%) 3 Planning 3.1 Prepare Project Management Plan 10 days Task Nr 2.2 S-S +2 days Homer (25%) Marg (50%) 3.2 Prepare Engineering Plan 25 days Task Nr3.1 S-S +5 days Homer (25%) Bart (75%) 3.3 Prepare Procurement Plan 10 days Task Nr 3.2 F-F +5 days Homer (25%) Lisa (50%) Maggie(50% ) 4 Design 4.1 Review Requirements Document 10 days Task Nr 3.2 S-S +5 days Homer (25%) Marg (100%)
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ACQUISITION PROJECT 4.2 Prepare Equipment Specifications 20 days Task Nr 4.1 F-S Bart (100%) Lisa (50%) 4.3 Prepare Installation Drawings 30 days Task Nr 5.3 F-S Bart (25%) 5 Procurement 5.1 Prepare Request for Quotations 10 days Task Nr 3.3 Task Nr 4.2 F-S Lisa (100%) Bart (25%) 5.2 Receive Offers 0 days Task Nr 5.1 F-S +15 days 5.3 Select Vendors 5 days Task Nr 5.2 F-S Lisa (100%) Bart (100%) Maggie (100%) 5.4 Order Materials 2 days Task Nr 5.3 F-S Maggie (100%) Obligate Material Costs here (1-time) 5.5 Receive Materials 10 days Task Nr 5.4 F-S Maggie (100%) Bart (50%) 6 Project Completion 0 days Task Nr 4.3 Task Nr 5.5 F-S F-S +30 days
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PMAN 600 Midterm Exam Question 7 B D 3 2 F A E 5 H 1 3 1 C G 2 2 Note: Highlight tasks on ES ID EF the critical path as shown here: SL SL LS DUR LF A B C D E F G H 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Note: Show slack as indicated here I where the notional Task J has 2 weeks of slack. J The slack should be shown from EF to LF. K If you would prefer to use colors to arrows, use L red for a critical path task, Green for a task that is 14 15 16 17 18 19 20 21 not on the critical path and yellow for slack. See the second example, below. I J K L 14 15 16 17 18 19 20 21
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NAME: Project Management Assignment Please answer all of the following ten questions and submit your response through your Assignments folder. Include your name as a part of the file name and in the document itself. Each question is weighted equally. Where a question has multiple parts, each part is an equal fraction of the total question. 1. You are a consultant hired by a new start-up company to assist them in developing project management procedures. As a first step, you’ve been asked to develop a project scope checklist. Identify the six major elements that you would recommend be in that checklist. Pick two of those elements and provide an example (no more than 100 words per example). 2. Which of the following statements are true and which are false. a. The project manager is supposed to facilitate the work of the project team and must, therefore, stay aloof from the conflicts arising among the project team. b. If the performance of all subsystems is optimized, it follows that the overall system is optimized. c. The shortest time to complete a network is equal to the duration of the longest path through the network. d. The difference between EST and LFT is called slack. 3. You are evaluating an investment that has the following financial profile. Note that your company policy is that all investment analyses are conducted over a five year period specifying a residual value at the end of year 5. Year:: 0 1 2 3 4 5 Investment: $500 Operating Costs: $25 $25 $25 $25 $25 Savings: - $50 $75 $75 $75 Residual Value: - - - - $350 Determine the NPV and payback period for this investment for four separate discount rates: a. 3% NPV = PBP= b. 6% NPV = PBP= c. 9% NPV = PBP= d. 12% NPV = PBP= 4. Referring to the information provided in Exercise 3 (page 148-149) of Chapter 5 of Larson & Gray, answer each of the following questions. Note, that I have
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attached a copy of table 5.2 of Larson & Gray, which you may use to help solve this problem. a. Estimated project duration in months with 3 people assigned 1 . b. Number of people required to complete the project in 9 months 2 . c. Cost to complete the project with 3 people assigned, if the average cost per person is $10,000 per month. d. Cost to complete the project in nine months if the average cost per person is $10,000 per month. 5. Your CEO has asked you to develop a Project Selection strategy for your company. You have decided to recommend the use of both financial and nonfinancial criteria in making project selections. a. Provide and describe an example of a financial measure that might be useful in making selections. Describe the critical elements of the measure. Why would you recommend this particular measure? Keep your answer to 250 words or less. b. Provide an example of a non-financial criterion that might be used in project selection and why that might be valuable to an organization (in 100 words or less). 6. For the table below: a. Prepare (and submit) a network diagram (using Activity on Node) b. List all the paths through the network. c. Which of these paths is the Critical Path? d. How long will the project reflected by this network take? Activity Duration Predecessor A 5 days - B 10 days A C 15 days B, F D 10 days A E 10 days D, F F 20 days A G 15 days C, E 7. Using the attached Excel spreadsheet, complete the AON network and the Gantt chart. Submit your answer as a separate .xls file, with your name as a part of the file name and in the document itself. 8. Using the attached “Acquisition project”, prepare a project plan using MS Project. Please note that this is different than one you worked on recently. Be sure to assign resources to the appropriate tasks. Use the standard calendar. a. Submit your MS Project file. Include your name in the name of the file. 1 Note that exercise 3 says that six people can work on this project, but I am asking you to assume 3 people assigned for part a of the problem. 2 Round up to the next “whole” person.
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Midterm Question 4 Function Points per month per person = 5 Complexity Weighting Element Low # of High Total Inputs 2 3 4 Outputs 3 6 9 Inquiries 2 4 6 Files 5 8 12 Interfaces 5 10 15 Total: Complexity Factor- Low # of Average Complexity Factor- Average Complexity Factor- High
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Project Management Assignment
Please answer all of the following ten questions and submit your response through your Assignments
folder. Include your name as a part of the file name and in...

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