Title: Exam 2
Course: KVCC BUS208 > Section: Assessments

Chapter 4

The first step in a project is define its scope. Answer the following question on this topic:

1.        In the beginning of this chapter it provides a scope checklist that includes the following items:

i.                   Project Objective

ii.                 Deliverables

iii.               Milestones

iv.               Technical Requirements

v.                 Limits and Exclusions

vi.               Reviews with Customer

vii.             Describe each of these areas and why they are important.

2.     To extend these components I want you to create a project and use that as a scenario to further illustrate an understanding of each of these areas by defining them based on this fictional project.

3.     How would you try to avoid scope creep within your projects? Why is it bad?

4.     It is often the case that we have to juggle priorities when it comes to our projects and their development and these decisions should be discussed before adjustments need to occur. One of the tools we can use for this process is a priority matrix. Take the project you developed in question two and use this to create a matrix. Explain how you came to these findings.

5.     What is a Work breakdown structure? Why is it useful? Would you use these if you were a project manager? Why/Why Not?

6.     One of the most important items in a WBS is a Work Package. What is a work package? What items is it made up of? Why is it important to the field of project management?

7.     This chapter ends with the discussion of the development of a communication plan. Communication is one of the most important areas when it comes to a project. If we acknowledge this is true, then we need to develop a plan to keep people in the loop. The book gives some solutions and we have gone over these in class. The question becomes how would you ensure you are sharing information with the people that need it? How will you keep the lines of communication open and encourage everyone to share their opinions and ideas?

Chapter 5

1.        This chapter deals with estimating and why it is important to project management. Why are estimates important and what benefits do they provide a business?

2.        The book lists a few areas that influence the quality of estimates. They include items such as the Planning Horizon and Project duration. I want you to think about this and others that you might declare yourself and come up with a basic plan on how you would address these items.

3.        The book describes guidelines when it comes to Estimating, they include:

a.        Responsibility

b.        Use Server people to estimate

c.        Normal conditions

d.        Time unites

e.        Independence

f.         Contingencies

g.        Adding Risk assessment to the estimate helps to avoid surprises to stakeholders

i.                   Break each area down as to what they are, why we do them, and how they affect the process of estimating.

4.        Summarize the top drown approach including an explanation of the methods that were explained in the book.

5.        Do the same for bottom up.

6.        Which method do you think is the most effective? Why?

7.        If you were developing a project, would you include both methods? Why/Why not?

8.        The chapter ends with the discussion on how you can refine estimates and lists a few solutions. How would you ensure your estimates are as refined as possible? What methods would you use to do so?

Chapter 6

1.              This chapter covers the topic of developing a project plan. When it comes to the development of these, the book lists eight general rules. Describe each of the rules and how they affect these diagrams?

2.                 Describe the process of a forward pass:

a. What are the components

b.Define the formulas

c. Describe the process

3.                 Do the same for a backwards pass:

4.                 Slack:

a. What is slack?

b.How is it calculated?

c. What are the two styles of slack and what are the differences between them?

d.Why is it useful?

5.           When both passes are done and the slack is calculated describe the completed diagram and what it tells us? Why is this useful? Do you believe that this provides enough information to make it worth your time in developing? Why/Why not?

6.           The last part of this chapter deals with making this process more realistic. What steps would you add to your plan to achieve these goals? Why?

Attached Files: | - KVCC BUS208_ProjectMgmt_Asessment 2(1).pdf