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Devry proj 586 final exam set 3 new
- 1. DEVRY PROJ 586 Final Exam Set 3 NEW Check this A+ tutorial guideline at http://www.uopassignments.com/proj-586-devry/proj- 586-final-exam-set-3-recent For more classes visit http://www.uopassignments.com/ 1. (TCO A) The most common types of organization structures are _____. 2. (TCO H) This first phase of the project life cycle involves the _____. 3. (TCO B) The lowest level item of any one branch of the WBS is called a(n) _____. 4. (TCO D) All of the following are risk response types except _____. 5. (TCO F) The two most common types of project reports are _____. 6. (TCO C) The _____ time is the latest time by which a particular activity must be finished in order for the entire project to be completed by its required completion time. 7. (TCO G) Which of the following is not a criterion for selecting project 8. (TCO A) Which of the following is not an example of a project?
- 2. 9. (TCO C) Why are activities drawn in a serial relationship on a network diagram? 10. (TCO F) The budget for each work package is _____. 11. (TCO F) The _____ is the amount that was budgeted to accomplish the work scheduled to be performed up to that point in time. 12. (TCO C) Calculate the earliest start for Task D if one of its predecessors, Task A, finishes on day 3, its other predecessor, Task C, finishes on day 4, and the duration of Task D is 2 days. 13. (TCO B) Describe what each of the following means in project planning: what, how, who, how long, and how much. 14. (TCO E) Part 1: What are some common barriers to team effectiveness? Part 2: Describe an example of a team project that would include barriers to success. 15. (TCO C) A project to remodel an office area has the following activities. (Hint: You will need to build an AIB diagram, perform a forward pass, and perform a backward pass to answer this question.) Activity Duration Predecessors A 2 months --- B 4 months --- C 4 months --- D 1 month A E 5 months B F 2 months B, C G 1 month C
- 3. H 3 months E, F, G I 2 months D, E J 2 months G, H a) What are the critical path activities? b) What is the project's scheduled completion time? c) What is the slack or float for Activity A? Show your calculations. d) What is the slack or float for Activity E? Show your calculations. e) What is the slack or float for Activity F? Show your calculations. f) What is the slack or float for Activity G? Show your calculations. Activity Duration Predecessors ES EF LS LF Slack A 3 months --- 0 3 7 9 7 B 2 months --- 0 2 0 4 0 C 4 months --- 0 4 3 7 3 D 1 month A 2 3 9 12 9 E 5 months B 4 9 4 9 0 F 2 months B, C 4 6 7 9 3 G 1 month C 4 5 8 9 4 H 3 months E, F, G 9 12 9 12 0 I 2 months D, E 9 11 12 14 3 J 2 months G, H 12 14 12 14 0 a) What are the critical path activities? – B-E-H-J b) What is the project's scheduled completion time? c) What is the slack or float for Activity A? Show your
- 4. calculations d) What is the slack or float for Activity E? Show your calculations. e) What is the slack or float for Activity F? Show your calculations. f) What is the slack or float for Activity G? Show your calculations. 16. (TCO A) Part 1: Compare and contrast the responsibilities of a functional manager and a project manager in a pure project- type organization. Part 2: A company builds state-of-the-art barges for riverboat companies. Which organization structure is the most suitable? Why? Part 3: An organization builds custom greenhouses for desert- climate cities. Which organization structure is the most suitable? Why? 17. (TCO D) A firm stores data for other organizations. The company stores data across many states, providing backup data storage for state, municipal governments, and large corporations. The firm is deploying a new set of storage devices that are faster, denser, and more energy efficient. Part 1: List and discuss the major risk-management functions from a project-management perspective for the new data storage project. Part 2: Describe a risk event, the related consequences, and the risk response plan for the new data storage project.
- 5. 18. (TCO F) Analyze and compare the performance of the following two projects in terms of cost, schedule, and efficiency. Make sure to show your calculations and analyze and explain the results. (Note: Providing just numbers will receive only partial credit.) Project A: The budgeted cost of work performed is $92,000, and the actual cost of work performed is $175,000. The budgeted cost of work scheduled is $173,000. Project B: The budgeted cost of work performed is $68,000, and the actual cost of work performed is $69,000. The budgeted cost of work scheduled is $71,000. 19. (TCO B) An environmental consulting firm has been hired to clean up contaminated ground water beneath the site of a former chemical factory. The cleanup design process consists of evaluating several alternatives; preparing a conceptual design for the most appropriate alternative; evaluating the conceptual design by performing a small-scale pilot test on site; and, based on the results of the pilot test, preparing a final design. Installation of the cleanup system will be performed by subcontractors under the supervision of the consultant. Prior to installation, the consultant will work on setting up the subcontracts by preparing specifications, prequalifying installation contractors, reviewing all bids, and executing the contracts. The installation will consist of the following phases: recovery wells, piping, treatment equipment, and start up. The consultant will also be responsible for system-performance monitoring, which consists of sampling the groundwater, monitoring wells on a quarterly basis, and sampling the groundwater treatment-system discharge. Prepare a work breakdown structure (WBS) for this project with activities corresponding to a two-level task and subtask hierarchy. Number the WBS codes so that the level of each activity is clearly identified. Do not worry about indentation.