CP3 Start Data Directions General assignment: For CP3 you will set your CP2 project and document deliverable aside and start fresh. This is a new project. Your task is to use this document and the data provided to create a project file using Microsoft Project. The data below will establish a project budget and schedule baseline with Budget = $4,449,920.00 and a highly desired completion date of 12/17/08. Next we will create a scenario for a time that is 'out in the future' here. We are fast forwarding the project and loading some fictional information to create a scenario for you to analyze using Earned Value and then provide course corrections to the project. The project at this future date shows that our project is not performing very well. However, you are given the opportunity to make some changes to the project to still complete it on the desired date of 12/17/08. These directions help you to input and establish a baseline project plan. You should check the plan to see that it agrees with the budget and completion date given above before proceeding. Once that plan is set we will then check the project status as of 10/1/08. We will set the Gantt to represent the anticipated 50% completion 'date' of 10/1/08. This is the date where the project 'should be' 50% complete. You do NOT set the project to 50% complete; you set it to 40%. These are two different things and these 2 parameters set up the scenario for you to generate EV data and tell me about how the project is doing. Details of how to set these will be give later in these directions.. Basic Setup: First, change the project start date to Mon 4/14/08. Next are provided some detailed steps to help you with the Microsoft Project data input and then in progress monitoring and analysis. The next step is to look at the options that are set for your Microsoft Project software. If you have not changed them before they will need some adjustments. To make your reports easier to read you need to eliminate the display of cents in your cost numbers. Go to File – Options – Display – Decimal Digits and change this to “0”. Set the default to have new tasks “Auto Scheduled”. The Microsoft Project default is manual and we do not want that for this project. Getting started with our project, we will input the initial project plan. Check to be sure the project start date is Mon 4/14/08.Use the following data to setup your baseline project file. Adjust indenting to match WBS coding provided. In MSP right mouse click the header row and insert a WBS Column as shown. Do not add durations or dates for the Summary Tasks because these will populate for you when you enter the lower task information. The others should automatically generate. All start and finish dates will be generated automatically. Hint: You can cut and paste the basic task names, durations, and predecessor data into Microsoft Project. You will have to indent the lower sub tasks as you enter the data so that this will work. Do not p.

1. CP3 Start Data
Directions
General assignment:
For CP3 you will set your CP2 project and document deliverable
aside and start fresh. This is a new project. Your task is to use
this document and the data provided to create a project file
using Microsoft Project. The data below will establish a project
budget and schedule baseline with Budget = $4,449,920.00 and
a highly desired completion date of 12/17/08.
Next we will create a scenario for a time that is 'out in the
future' here. We are fast forwarding the project and loading
some fictional information to create a scenario for you to
analyze using Earned Value and then provide course corrections
to the project.
The project at this future date shows that our project is not
performing very well. However, you are given the opportunity
to make some changes to the project to still complete it on the
desired date of 12/17/08.
These directions help you to input and establish a baseline
project plan. You should check the plan to see that it agrees
with the budget and completion date given above before
proceeding.
Once that plan is set we will then check the project status as of
10/1/08. We will set the Gantt to represent the anticipated 50%
completion 'date' of 10/1/08. This is the date where the project
'should be' 50% complete. You do NOT set the project to 50%
complete; you set it to 40%. These are two different things and
these 2 parameters set up the scenario for you to generate EV
data and tell me about how the project is doing. Details of how
to set these will be give later in these directions..
Basic Setup:
First, change the project start date to Mon 4/14/08. Next are

2. provided some detailed steps to help you with the Microsoft
Project data input and then in progress monitoring and analysis.
The next step is to look at the options that are set for your
Microsoft Project software. If you have not changed them
before they will need some adjustments.
To make your reports easier to read you need to eliminate the
display of cents in your cost numbers. Go to File – Options –
Display – Decimal Digits and change this to “0”.
Set the default to have new tasks “Auto Scheduled”. The
Microsoft Project default is manual and we do not want that for
this project.
Getting started with our project, we will input the initial project
plan.
Check to be sure the project start date is Mon 4/14/08.Use the
following data to setup your baseline project file. Adjust
indenting to match WBS coding provided. In MSP right mouse
click the header row and insert a WBS Column as shown. Do
not add durations or dates for the Summary Tasks because these
will populate for you when you enter the lower task
information. The others should automatically generate. All
start and finish dates will be generated automatically.
Hint: You can cut and paste the basic task names, durations, and
predecessor data into Microsoft Project. You will have to
indent the lower sub tasks as you enter the data so that this will
work. Do not paste the start and finish dates in as Microsoft
Project will generate most of them automatically. Be sure to
verify your work as some of the formats in the word document
may not exactly match what Microsoft Project expects.
WBS
Task Name
Duration
Start
Finish
Predecessors
1
Theme Park Project

3. 178 days
4/14/08
12/17/08
1.1
Site Layout & Site Grading
10 days
4/14/08
4/25/08
1.2
Footings & Foundations
55 days
4/28/08
7/11/08
2
1.3
Masonry
60 days
5/19/08
8/8/08
3SS+15 days
1.4
Frames, Columns and Beams
40 days
7/7/08
8/29/08
4SS+35 days
1.5
Joists & Roof Deck
30 days
9/1/08
10/10/08
5
1.6
Slab on Grade

4. 35 days
7/14/08
8/29/08
3
1.7
Rough Carpentry
35 days
9/1/08
10/17/08
7
1.8
Interior Studs
20 days
9/1/08
9/26/08
7
1.9
Interior Drywall
30 days
10/13/08
11/21/08
9,6
1.10
Painting
35 days
10/27/08
12/12/08
10FS-20 days
1.11
Elevator
30 days
9/1/08
10/10/08
7
1.12
Doors

5. 5 days
10/20/08
10/24/08
8
1.13
Custom Theme Painting
15 days
11/3/08
11/21/08
11SS+5 days
1.14
Flooring
15 days
11/17/08
12/5/08
10FS-5 days
1.15
Finish Carpentry
15 days
11/17/08
12/5/08
10FS-5 days
1.16
Bathroom Compartments/Accessories
3 days
12/8/08
Wed 12/10/08
16
1.17
Plumbing
85 days
7/28/08
11/21/08
1.17.1
Hangers & Supports

6. 40 days
7/28/08
9/19/08
3FS+10 days
1.17.2
Pipes & Fittings
40 days
9/22/08
11/14/08
19
1.17.3
Test
5 days
11/17/08
11/21/08
20
1.18
HVAC
95 days
7/28/08
12/5/08
1.18.1
Stacks & Vents
30 days
7/28/08
9/5/08
3FS+10 days
1.18.2
Hangers & Supports
30 days
9/8/08
10/17/08
23
1.18.3
Ductwork & Piping

7. 30 days
10/20/08
11/28/08
24
1.18.4
Test
5 days
12/1/08
12/5/08
25
1.19
Electrical
95 days
7/28/08
12/5/08
1.19.1
Boxes
25 days
7/28/08
8/29/08
3FS+10 days
1.19.2
Conduit
25 days
9/1/08
10/3/08
28
1.19.3
Wiring Devices/Switches/Receptacles
20 days
10/6/08
10/31/08
29
1.19.4
Light Fixtures

8. 20 days
11/3/08
11/28/08
30
1.19.5
Test
5 days
12/1/08
12/5/08
31
1.20
Mechanicals Complete
1 day
12/8/08
12/8/08
21,26,32
1.21
Attraction Install and Training
146 days
4/14/08
11/3/08
1.21.1
Ferris Wheel
137 days
4/14/08
10/21/08
1.21.1.1
Ferris Wheel to ship
3 days
4/14/08
4/16/08
1.21.1.2
Ferris Wheel Legs & fan install

9. 6 days
9/1/08
9/8/08
36,7
1.21.1.3
Ferris Wheel gondola install
6 days
9/9/08
9/16/08
37
1.21.1.4
Ferris Wheel MEP install
6 days
9/17/08
9/24/08
38
1.21.1.5
Ferris wheel platform design
2 days
9/25/08
9/26/08
39
1.21.1.6
Ferris Wheel Platform
6 days
9/29/08
10/6/08
40
1.21.1.7
Ferris Wheel Railing
6 days
10/7/08
10/14/08
41
1.21.1.8
Ferris wheel turnstile

10. 3 days
10/15/08
10/17/08
42
1.21.1.9
Ferris wheel Training
1 day
10/20/08
10/20/08
43
1.21.1.10
Ferris Wheel Certification
1 day
10/21/08
10/21/08
44
1.21.2
Ropes course install & Training
30 days
9/1/08
10/10/08
7
1.21.3
Climbing wall install & Training
10 days
9/1/08
9/12/08
7
1.21.4
Carousel install & Training
13 days
9/1/08
9/17/08
7
1.21.5
Bowling install & Training

11. 40 days
9/1/08
10/24/08
7
1.21.6
Go Cart install & Training
45 days
9/1/08
10/31/08
7
1.21.7
Mini Golf install & Training
15 days
9/1/08
9/19/08
7
1.21.8
Attraction install and training complete
1 day
11/3/08
11/03/08
45,46,47,48,49,50,51
1.22
Furniture Installation
5 days
12/9/08
12/15/08
33
1.23
System and Security Training
3 days
11/4/08
11/6/08
52
1.24
Final Walkthrough

12. 1 day
12/16/08
12/16/08
12,14,15,16,17,52,53,54
1.25
Grand Opening
1 day
12/17/2008
12/17/2008
55
Next enter the Working Resource data below into the project
Resource Sheet [View Resource Sheet]. You may use cut and
paste here also. You may have to work a column at a time.
Resource Name
Type
Initials
Max Units
Std. Rate
Accrue At
Customer
Work
C
400%
$0.00/hr
Prorated
Architect
Work
A
300%
$125.00/hr
Prorated
Engineer
Work
E
500%
$125.00/hr

13. Prorated
Electrician
Work
E
200%
$80.00/hr
Prorated
Electrician 2
Work
E
100%
$300.00/hr
Prorated
Builder
Work
B
600%
$65.00/hr
Prorated
Landscaper
Work
L
100%
$50.00/hr
Prorated
Builder 1
Work
B
100%
$85.00/hr
Prorated
Builder 2
Work
B
100%
$85.00/hr

14. Prorated
Builder 3
Work
B
100%
$85.00/hr
Prorated
Builder 4
Work
B
100%
$85.00/hr
Prorated
Painter
Work
P
300%
$200.00/hr
Prorated
Plumber
Work
P
100%
$150.00/hr
Prorated
Plumber 2
Work
P
100%
$225.00/hr
Prorated
Steamfitter
Work
S
100%
$125.00/hr

15. Prorated
Steamfitter 2
Work
S
100%
$200.00/hr
Prorated
FW Supplier
Work
F
100%
$100.00/hr
Prorated
Ride Supplier
Work
R
600%
$100.00/hr
Prorated
Now assign the resources to the project tasks as described
below.
WBS
Task Name
Resources
1
Theme Park Project
1.1
Site Layout & Site Grading
Architect
1.2
Footings & Foundations
Builder
1.3

16. Masonry
Builder
1.4
Frames, Columns and Beams
Builder
1.5
Joists & Roof Deck
Builder
1.6
Slab on Grade
Builder
1.7
Rough Carpentry
Builder
1.8
Interior Studs
Builder
1.9
Interior Drywall
Builder
1.10
Painting
Painter
1.11
Elevator
Builder
1.12
Doors
Builder
1.13
Theme Painting
Painter
1.14
Flooring
Builder 1
1.15

17. Finish Carpentry
Builder 2
1.16
Bathroom Compartments/Accessories
Builder
1.17
Plumbing
1.17.1
Hangers & Supports
Plumber
1.17.2
Pipes & Fittings
Plumber
1.17.3
Test
Plumber
1.18
HVAC
1.18.1
Stacks & Vents
Steamfitter
1.18.2
Hangers & Supports
Steamfitter
1.18.3
Ductwork & Piping
Steamfitter
1.18.4
Test
Steamfitter
1.19
Electrical
1.19.1

18. Boxes
Electrician
1.19.2
Conduit
Electrician
1.19.3
Wiring Devices/Switches/Receptacles
Electrician
1.19.4
Light Fixtures
Electrician
1.19.5
Test
Electrician
1.20
Mechanicals Complete
1.21
Attraction Install and Training
1.21.1
Ferris Wheel
1.21.1.1
Ferris Wheel to ship
FW Supplier
1.21.1.2
Ferris Wheel Legs & fan install
FW Supplier
1.21.1.3
Ferris Wheel gondola install
FW Supplier
1.21.1.4
Ferris Wheel MEP install
FW Supplier
1.21.1.5

19. Ferris wheel platform design
FW Supplier
1.21.1.6
Ferris Wheel Platform
FW Supplier
1.21.1.7
Ferris Wheel Railing
FW Supplier
1.21.1.8
Ferris wheel turnstyle
FW Supplier
1.21.1.9
Ferris wheel Training
FW Supplier
1.21.1.10
Ferris Wheel Certification
FW Supplier
1.21.2
Ropes course install & Training
Ride Supplier
1.21.3
Climbing wall install & Training
Ride Supplier
1.21.4
Carousel install & Training
Ride Supplier
1.21.5
Bowling install & Training
Ride Supplier
1.21.6
Go Cart install & Training
Ride Supplier
1.21.7
Mini Golf install & Training
Ride Supplier
1.21.8

20. Attraction install and training complete
1.22
Furniture Installation
Builder 3
1.23
System and Security Training
Builder 4
1.24
Final Walkthrough
Builder,Customer
1.25
Grand Opening
Customer
Now we have to add the material costs for each task. In MSP we
do this by adding a Prorated Fixed Cost in the Detail Gantt
View, Table/Cost View.
WBS
Task Name
Fixed Cost
1
Theme Park Project
$0.00
1.1
Site Layout & Site Grading
$10,000.00
1.2
Footings & Foundations
$30,000.00
1.3
Masonry
$150,000.00
1.4
Frames, Columns and Beams
$85,000.00
1.5

21. Joists & Roof Deck
$200,000.00
1.6
Slab on Grade
$250,000.00
1.7
Rough Carpentry
$175,000.00
1.8
Interior Studs
$20,000.00
1.9
Interior Drywall
$30,000.00
1.10
Painting
$45,000.00
1.11
Elevator
$80,000.00
1.12
Doors
$25,000.00
1.13
Theme Painting
$30,000.00
1.14
Flooring
$150,000.00
1.15
Finish Carpentry
$125,000.00
1.16
Bathroom Compartments/Accessories
$15,000.00
1.17

22. Plumbing
$0.00
1.17.1
Hangers & Supports
$30,000.00
1.17.2
Pipes & Fittings
$40,000.00
1.17.3
Test
$2,000.00
1.18
HVAC
$0.00
1.18.1
Stacks & Vents
$25,000.00
1.18.2
Hangers & Supports
$10,000.00
1.18.3
Ductwork & Piping
$40,000.00
1.18.4
Test
$5,000.00
1.19
Electrical
$0.00
1.19.1
Boxes
$35,000.00
1.19.2
Conduit
$15,000.00
1.19.3

23. Wiring Devices/Switches/Receptacles
$20,000.00
1.19.4
Light Fixtures
$40,000.00
1.19.5
Test
$10,000.00
1.20
Mechanicals Complete
$0.00
1.21
Attraction Install and Training
$0.00
1.21.1
Ferris Wheel
$0.00
1.21.1.1
Ferris Wheel to ship
$250,000.00
1.21.1.2
Ferris Wheel Legs & fan install
$4,000.00
1.21.1.3
Ferris Wheel gondola install
$3,000.00
1.21.1.4
Ferris Wheel MEP install
$5,000.00
1.21.1.5
Ferris wheel platform design
$1,000.00
1.21.1.6
Ferris Wheel Platform
$15,000.00
1.21.1.7

24. Ferris Wheel Railing
$5,000.00
1.21.1.8
Ferris wheel turnstyle
$2,000.00
1.21.1.9
Ferris wheel Training
$5,000.00
1.21.1.10
Ferris Wheel Certification
$1,000.00
1.21.2
Ropes course install & Training
$180,000.00
1.21.3
Climbing wall install & Training
$80,000.00
1.21.4
Carousel install & Training
$30,000.00
1.21.5
Bowling install & Training
$350,000.00
1.21.6
Go Cart install & Training
$890,000.00
1.21.7
Mini Golf install & Training
$65,000.00
1.21.8
Attraction install and training complete
$0.00
1.22
Furniture Installation
$110,000.00
1.23

25. System and Security Training
$10,000.00
1.24
Final Walkthrough
$15,000.00
1.25
Grand Opening
$30,000.00
At this point you will have all the data entered and your project
plan completed in MS Project.
There will be a picture showing what your file and Gantt chart
should look like posted in doc sharing so you can be sure you
are on track at this point.
It is very important to save a copy of your file at this point with
a unique name so it something goes wrong in the next step you
can start here again not at the beginning.
From this point we will progress to the monitoring and control.
CRITICAL STEP!!!
We now are ‘OUT IN THE FUTURE’ on the 10/1/08 day. Let’s
see how the project is doing!
The plan must be set up so that it will remain visible as
approved and show variances. This is setting the baseline.
Change the “View” to “Tracking Gantt”. This will show the
baseline plan and the actual progress on the same chart. It is
required that you use the tracking Gantt in this section of the
assignment.
Next, start tracking the project by setting the project baseline.
In 2007 the sequence is: Project Tools Set Baseline Set
Baseline Set Baseline OK. In Project 2010 the sequence is:
Project Set Baseline Set Baseline Set Baseline for entire
project.
Now it is necessary to update the project data to where the
project actually is on the status date.
% Complete (The Reality)
The 40% project complete should be set by you by setting the
top level task (Theme Park Project) to 40%. This will adjust all

26. task completions to a % complete based on the baseline
schedule. This is how 'done' we are saying we actually are with
the project at this point in time.
% Scheduled (The Plan)
The date (i.e. point in time) provided for the review fast
forwards the project to the 'anticipated' 50% project scheduled
date. This is the date on the calendar when we 'wanted' to be
50% complete.
Next, adjust the Project Current Date to 10/1/08 AND adjust the
Project Status Date to 10/1/08.
Project Project Information status date.
Now we have to adjust a few task fixed costs because we have
spent more on materials than we had estimated. In MSP we do
this by adjusting the Prorated Fixed Cost in the Detail Gantt
View, Table Cost View. This is will set the “Actual Costs,
AC” for those tasks in the project. All other actual costs are
calculated by MS Project to be exactly what was planned.
WBS
Task Name
Fixed Cost
1.2
Footings & Foundations
$100,000.00
1.6
Slab on Grade
$300,000.00
1.14
Flooring
$200,000.00
1.18.1
Stacks & Vents
$50,000.00
We now are we know the status as of 10/1/08 day. Let’s see
what to do next!
CRITICAL STEP!!!
The executives of the company have said that we must maintain

27. the finish date for this project even if it requires additional
resources and money.
Because we are behind, we need to move all the incomplete
work into the future to get a true look at the estimated
completion date. Select to Reschedule Incomplete Work to start
date after: 10/1/08.
Project Update Project Select OK
What’s the new projected completion date? After we look at
Earned Value below, we will have to do something about this
issue.
In the Tracking Gantt – Earned Value view, use the project file
to perform your Earned Value Analysis as described on the
Project Tab under Course Home. You should insert columns for
CPI and SPI to this view so you will have them to help you
evaluate the project. Use the project file and your analysis to
complete the Project Status Report which you will be submitting
to the CP3 DropBox.
View Tables More Views Earned Value
As mentioned above, the project at this future date shows that
our project is not performing very well. Analyze the project and
report on it.
Make your changes to bring the project back on schedule
The good news is you are given the opportunity to make some
changes to the project to still complete it on the desired date of
12/17/08. You can do this by analyzing the critical path
activities and then making changes to the project to pull the
date in. Make your changes, for example to resources. Analyze
the result of these changes to the project dates and the project
costs (i.e. the date should improve and then cost may increase.
Assume you need to do something proactive to catch up and
then explain the impact of those changes.
This is an important part of the project and is not scripted. You
need to act as the project manager and make the decision that
will get your project back on schedule. You will also need to

28. communicate and justify them to your management in the
report.
Crashing and fast tracking are two methods of schedule
compression you may consider but are not limited to these. If
you use crashing by adding resources to an activity you MUST
make the cost of the added resources 150% of the cost of the
initially assigned resources. This will mean setting up an
additional resource with a higher per hour cost. This is a
practical decision because increasing the amount of resources
on a task is NOT as efficient at the initial allocations.
Integration into WORD for your report.
There are several simple formatting tricks to get the MSP data
into the WORD document.
1) Change the time scale to shrink down the MSP Gantt chart.
Right click on the timeline to open a screen which lists Top,
Middle and Bottom tabs. On the Middle tab select Quarters. On
the Bottom Tab, select Months.
2) Print the MSP file. For a printer driver select Microsoft
Office Document Image Writer (If you have this driver
available to you). Save the file somewhere you can find it on
your C drive. Insert as a picture file (Tif) into your Word
Document. If this doesn't work you may need to use print screen
or some other screen capture tool like SnipIt.
Another way is to use the “Copy Picture” function under the
“Copy” command on the Ribbon. There is a document in doc
sharing that gives details on how this works.
You can also use the “Print Screen” function on your computer.
An even better screen capture tool is the “Snipping Tool”. The
“Snipping Tool” that is a part of MS Office 2010 is a refined
version of “Print Screen” that allows you to select only the part
of the screen you want to use. It is available in Accessories
under All Programs.
If you do so be sure to crop your images so that only the

29. pertinent parts of the images are pasted into your report. When
you use screen shots from MSP you need to crop them to show
only the parts with project information and not the menus and
etc from the software.
To present the tables associated with the Gantt charts in your
report you can cut and paste these from MSP into MS Word.
Sometimes it works to paste them first into Excel and adjust the
formatting and then paste them into MS Word.
PROJ592_CourseHome_CP3_Start_Data_-_PROPOSED.docx
Page 1
Homework
Investment Decisions
Please respond to the following:
--From Case 4, imagine you are the consultant who has to make
the recommendation on whether or not to purchase Anheuser-
Busch. Determine the rate of return you could expect from your
investment and the method you would use to evaluate the
investment decision. Assess the disadvantages and advantages
of each investment method located in Chapter 4, and choose the
one that would provide the most accurate measure for your
anticipated rate of return requirement. Justify your
recommendation.
--Capital budgeting decisions are among the most important
decisions facing business entities. Suggest specific milestones
needed to evaluate the performance of capital projects, and
suggest some ways to hold managers accountable for spending
overruns. Recommend when capital projects should be
abandoned due to subsequent cost overruns. Support your
position. (1-2 references 350 words)
Inventory Costing Methods
Please respond to the following:

30. --Complete the e-Activity. Next, imagine that you have been
hired as the production manager of a manufacturing company
and must determine the best inventory costing system to
implement. Discuss the key factors that must be considered
before making the determination. Provide specific details and a
rationale for your decision.
--As a production manager, one of your key tasks is to improve
efficiencies by either increasing productivity or reducing cost.
Determine whether the responsibility reports needed to track
performance should be created by department, function, or
manager, using a costing method of your choice. Based on the
costing method you selected, determine the type of data needed
to track and evaluate performance to control costs such as cost
per unit, cost per hour, etc. Be specific with your examples. (1-
2 references 350 words)