MGMT 404 Entire Course New

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MGMT 404 Entire Course New Click Link Below To Buy: http://hwcampus.com/shop/mgmt-404-entire-course-new/ Or Visit www.hwcampus.com MGMT 404 Entire Course MGMT 404 Course Project DeVry MGMT 404 Course Project Outline Proposal Week 1 Meet and Assess Current Park Situation and Facilities A playground provides many advantages to the community. Children can play and be engaged in healthy physical activities. Adults can play games or use it as a community hub and… MGMT 404 Course Project Charter Week 2 The mission for the redevelopment of our community outdoor park and playing ground is to create a safe and easy access park for all children and families to enjoy for relaxation… MGMT 404 Course Project Scope Statement Week 3 The scope of this project is to revamp, renovate, and modernize the park so that the 60 acres it occupies is better utilized by the community. The aim of this project is to provide a state-of-the-art playground so that as citizens, children and adults have a sense of their own space in the city. It will be a place where people can socialize with each other. The project team will work on… MGMT 404 Course Project Work Breakdown Structure/Gantt Chart Week 4 Chart completed in excel. MGMT 404 Course Project Risk Management Plan Week 5 The first sheet, titled Risk Register, shows a number of fields to use for gathering the following information about risks. Risk ID is some unique value that identifies the risk. Risk Name is a short description of the risk. Risk Description “If this risk occurs, then what impact will it have on the project?” It should be written as an “If, then” statement. Impact as rated on a very low, low, medium, high, and very high scale. Probability as rated on a very low, low, medium, high, and very high scale. Risk Ranking: Using the risk matrix found on the right on the Risk Register sheet, determine the color code (risk ranking) for each risk. Positive/Negative: Is this risk a positive risk (an opportunity) or a negative risk? Proactive Response Plan is a detailed plan of what changes will be made to the project, project scope, and/or WBS proactively to try to make the risk happen (positive risk) or stop it if it is a negative risk. Trigger Event is a description of how you will know if the risk has occurred or is about to occur. Reactive Contingency Plan is the description of what you plan to do if the risk happens. How will you react to the risk once it occurred? MGMT 404 Course Project Schedule and Budget Week 6 The team will consist of a project manager, a design team, civil construction laborers, marketing team, civil engineers and a procurement team. The team allocation is present in the Excel file attached. The team allocation has been optimum. There has been no over allocation or under allocation of resources. The civil engineer might have to… MGMT 404 Course Project Communication Plan Week 7 The Poplar Park redevelopment project is a project involving different teams and many team members. It will go on for a long duration and it is important that all interested parties are aware of the progress and current status of… MGMT 404 Final Project Week 8 The project aims to redevelop Poplar Park so that the 60 acre open area can be useful to the community. The project will aim to revamp, renovate and modernize the park so that citizens, children, and adults have a sense of their own space in the city…. MGMT 404 Discussions Week 1-7 All Posts 265 Pages DeVry MGMT 404 Case Study: Keflavik Paper and Case Study Widgets ‘R Us Company Discussions Week 1 All Posts 63 Pages DeVry MGMT 404 Case Study: Keflavik Paper Company Discussions 1 Week 1 All Posts 37 Pages DeVry Read Case Study 3.1 The Keflavik Paper Company is a case with a problem in determining a project management process for new product development. Answer the following questions: • What does this case demonstrate about the effect of poor project screening methods on a firm’s ability to manage projects effectively? • How would project portfolio management help to improve the situation at Keflavik? • If you think about it, all business problems are case studies. To effectively evaluate the situation, you must approach the problem in a methodological manner. A proven technique to do this is to do the following: 1. list the facts; 2. identify the issues; 3. based on the facts of the case and your knowledge, analyze the issues of the case; 4. prepare recommended solutions and their possible outcomes; 5. implement the optimal solution (not always the one with the best outcome, because the cost or other things could be impractical); and 6. monitor the implementation and outcomes. So when you read and prepare to respond to this case, please follow the above guidelines. I don’t necessarily expect you to perform Steps 4–6, but I do expect your response to be based on the facts and your knowledge. Remember—your first impressions may not be correct! What is the difference between Portfolio, Project and Programs? Give an example of each? In your opinion and experience, what are the top 3 reasons why you think projects fail? Has technology increase or decrease the chances of project failure today? Explain in detail why or why not?… MGMT 404 Case Study Widgets ‘R Us Discussions 2 Week 1 All Posts 26 Pages DeVry Read Case Study 2.4 The Widgets ‘R Us case study is a case with a problem of how the company is set up and how the company will handle operations with its projected growth. Answer the following questions: • You have been called in as a consultant to analyze the operations at WRU. Based on the readings, what would you advise Widgets ‘R Us to do in order to sustain the competitive advantage in the widget market? • What structural design changes might be undertaken to improve the operations at the company? What are the advantages and disadvantages of each structure weak matrix, balanced matrix, strong matrix, functional, and pure project? Name the three organizational structures and describe each of them? What organizational structure do you think might fit Widgets ‘R Us and why? What are some key decision criteria that will help it determine which model makes the most sense? What is Google and Amazon’s organization structure? Compare and contrast the two structures in your own words?… MGMT 404 Case Study: Project Management at Dotcom.com Discussions Week 2 All Posts 30 Pages DeVry Read Case Study 5.3: Project Management at Dotcom.com. Dotcom.com is a software engineering and systems development consulting firm that needs some organizational improvements in the area of project management processes that will cut cost and potentially increase the profit margin for the company. Answer the following questions: • Discuss how you would begin redesigning dotcom.com’s project management processes to minimize the problems it is experiencing with poor scope management. • Why do you think configuration management and project change control are difficult to perform in the middle of a complex software development project, such as those implemented at dotcom.com? • Share any experiences you have with project change requests. Pinto (2013) discusses the conceptual development in terms of the start of a new project. What key steps of information does he mention that are required to start a project? Why are they key? What is the difference between the Project Management Life Cycle and the Software/System Development Life Cycle? What are the top 3 challenges in creating the project charter? Explain in detail? If you have the PMBOK 5, use it as a resource for these questions. If not, use the textbook and/or web resources?… MGMT 404 Project Schedule Discussions Week 3 All Posts 33 Pages DeVry To develop a schedule for a project, we will use the concept of a project network, which shows work activities taken from the work breakdown structure and is organized according to the logical flow in time and relationships governing when the work will be performed. By combining this network of work activities with estimates of the time duration for performing each of the activities, we can create a schedule for the project work. What types of information can we learn about the project by reviewing the project schedule and all the information used to generate it? What is the difference between the Work Breakdown Structure (WBS), Network Diagram, Project Schedule & Work Packages? Explain in detail? What are predecessors? When and how do you determine them throughout your project schedule? How do they ensure the effectiveness of your project schedule? Give an example?… MGMT 404 Risk Management Discussions Week 4 All Posts 40 Pages DeVry Assume you have just been assigned to a project risk team composed of five members. Your task, as project manager, is to develop a process for handling risks to the project. Because this is the first time your organization has formally set up a risk team for a project, it is hoped that your team will develop a process that can be used on all future projects. Your first team meeting is next Monday morning. Each team member has been asked to prepare for the meeting by developing, in as much detail as possible, an outline that describes how you believe the team should proceed in handling project risks. Each team member will hand out his or her proposed outline at the beginning of the meeting. Your outline should include, but not be limited to, the following information: • What methods should be used for identifying risks? • Who should be involved in identifying risks? • What should be considered when identifying risks? How should the risks be prioritized? Who should do the prioritization of the project risks? How should project risks be monitored and controlled? Who should develop risk responses and contingency plans? Who should own these responses and plans? What is the difference between Qualitative and Quantitative Risk Analysis? Give an example of each? MGMT 404 Case Study: The Problems of Multitasking Discussions Week 5 All Posts 31 Pages DeVry Read Case Study 12.1: The Problems of Multitasking. Answer the following questions: 1. How does multitasking confuse the resource availability of project team personnel? 2. In modern organizations, it is impossible to eliminate multitasking for the average employee. Why? 3. How would resource loading or resource leveling help address multitasking situations? What are some of the resource constraints that would make the project challenging? How does multitasking make it difficult to accurately resource-level a project? What is a Sprint? What is a Backlog? How does it help make the SCRUM development process effective?.. MGMT 404 Case Study: Finding the Emotional Intelligence Discussions Week 6 All Posts 34 Pages DeVry Read Case Study 4.2: Finding the Emotional Intelligence. 1. What are the differences between leaders and managers? 2. Can anyone be a leader? Which would you prefer to work for: a leader or a manager? Why? 3. Select one of the characteristics of an effective project manager and tell why it is important. 4. Is leadership of a project different in an Agile environment than in a traditional project environment? 5. Take the Future Time Perspective scale on page 129. Share your results and comments with the class. Who would you consider to the top 3 most effective leaders in your life time? Explain why? Do you think leadership skills can be learned or you have to be born with them? Give an example to support your position? Is there anything you could have done individually to expedite the stages your team went through? Are there any lessons learned?… MGMT 404 Project Baseline Discussions Week 7 All Posts 34 Pages DeVry We have now moved from the planning stage to the execution stage of project management. Following good project management practices, we have set a baseline. How is a project baseline used to guide the execution of the project’s work, to evaluate progress and performance, and to control the project? Also, as you continue to think about monitoring and controlling the project, specifically consider the question: How can the project baseline and the earned value approach for variance analysis be used to monitor and report project progress? Is project control different in an Agile project? What is the role of a project manager in controlling an Agile project? What is the role of the project client, sponsor, or customer at controlling project changes? What is the difference between Schedule Baseline and Scope Baseline? How do a project manager use both baseline documents to control the project effectively?… MGMT 404 Quiz Week 4 DeVry (TCO 1) Which document is created during the initiation phase of a project? (Points : 5) The scope The project schedule The project charter The project communication plan (TCO 1) The purpose of a project charter is to Define the project. Define the project. Authorize the project. Define detailed project risks. (TCO 1) Which document on a project authorizes the project manager to begin work on the project? (Points : 5) The scope The schedule The charter The risk management plan (TCO 2) Which step of the project life cycle defines the project scope? (Points : 5) Initiation Planning Execution Close out (TCO 2) Which statement is an example of a project constraint? (Points : 5) “If the parts arrive late, we will not finish on time.” “We must get permits before we start work.” “I believe the contracts will be signed by the 15th.” “The paving of the parking lot is a major piece of work for this project.” (TCO 2) Which statement is an example of a project assumption? “If the parts arrive late, we will not finish on time.” “We must get permits before we start work.” “I believe the contracts will be signed by the 15th.” “The paving of the parking lot will be completed within this project.” (TCO 3) The critical path in a project describes which of the following? (Points : 5) The path containing the most important pieces of work The longest path in a project The activities with the highest risk The activities with the highest cost to the project (TCO 3) The longest continuous path of activities from beginning to end on a project describes the Deliverables Slack Critical path Work packages (TCO 3) Hammock activities are used to do which of the following? Ensure critical path work is done on time. Capture lessons learned on two or more activities. Provide information on project slack. Summarize duration and cost information on related activities. Provide information on project slack. (TCO 3) What values are calculated on the forward pass of a project network? (Points : 5) Early start; late start Early start; early finish Late start; late finish Early finish; late finish (TCO 5) In which process of risk management are proactive and reactive strategies considered? (Points : 5) Plan risk management Plan risk responses Control risks Qualitative risk analysis (TCO 5) Contingency plans are created (Points : 5) To proactively address the risk. To respond to the risk should the risk occur. To gather information on vital risks. To avoid red risks in the project plan. (TCO 5) In which process of risk management are risks prioritized or ranked? Plan risk management Identify risks Control risks Qualitative risk analysis (TCO 5) A risk matrix is used to _____. A risk register is a _____. Prioritize risks; list of risks Identify risks; way to categorize risks Create risk strategies; way to monitor negative risks Simulate project risks; way to categorize risks (TCO 1) Compare and contrast the project charter and the project scope as used in project management. (Points : 20) The project scope defines what will be delivered as part of the project, and in some ways, it can be likened to the term vision. Whenever a company plans for… (TCO 1) Before one can begin writing a charter, one must consider the most appropriate organization for the project. You are the project manager for an organization that builds doors and windows for homes. Which organization structure of the five types is most suitable? Why? As the project manager for an organization that builds doors and windows, I feel a functional… (TCO 2) You are reaching the end of your graduate school program and are planning a large party to celebrate your success! You have rented out the local forest preserve as the venue for your party. Applying your project management skills, you want to ensure you have everything planned out and you’ve asked your family and friends to be a part of your team to hold this party. At your party, you have made it clear to your team what you want to have delivered. After all, it’s your party— you can have whatever you want! Some of the key items you want at your party include graduation announcements;• party invitations;• live entertainment;• games (for adults and for children);• food;• beverages; and• convenience for all (parking, restroom facilities, etc.).• Part 1: To ensure you have a clear scope for your team, create a 2-level WBS. Don’t forget to include your WBS numbering (15 points). Part 2: In your WBS, how many work packages have been created? (5 points) (Points : 20) Three work packages have been created to plan and prepare… (TCO 3) Compare and contrast fast tracking and scope reduction as means of schedule compression. (Points : 20) Fast tracking and scope reduction are the three techniques where a project can be brought back on the schedule or for the compression of schedule. Fast tracking… (TCO 5) A firm hosts data-mining servers and performs data mining for other companies that do not desire the costs of hardware, software, or expertise to data mine their data. The firm is planning to roll out faster data-mining software that will reduce the time to sift through customers’ data by a fraction of the present time. Part 1: List and discuss the major risk management functions from a project management perspective for the data-mining software project. (15 points) Part 2: Describe a positive and negative risk event, the consequences, and the risk-response plans for the data-mining software project. (15 points) (Points : 20) Part 1 The risk management functions are: Risk Management Planning: The data mining project could use a risk management template if available in the organization to analyze the… Part 2: A risk for the data mining project would be that the infrastructure that is needed (server, software, licenses) are not… (TCO 9) Compare and contrast how a scope is created in traditional project management versus one created in agile project management. (Points : 20) In traditional project management, the project scope may specify the color of paint on the walls of a new building or the… MGMT 404 Quiz Week 7 DeVry (TCO 4) An example of resource leveling would be (Points : 5) Fast tracking a project to finish early. Crashing a project to meet a critical deadline. Ensuring resource usage is balanced. Removing work from a project to compress its schedule. (TCO 6) You are the project manager of a major IT project in Italy. You review your earned value report and you see that your SPI is .68. What does this mean to you? (Points : 5) The project is doing fine. No corrective actions are needed. The project is slightly ahead of schedule. No corrections are needed. The project is slightly behind schedule. Corrections are needed. The project is very much behind schedule. Immediate corrections are needed. (TCO 4) Which of the below is an example of an indirect cost to a project? (Points : 5) Concrete needed to complete a parking garage A consultant for an IT project Boats for a river rescue Janitorial services for an entire building (TCO 7) Which of the following is an example of a formal written form of communication? (Points : 5) Meeting notes made at a meeting with the VP of the company E-mails between an important client and yourself Contracts with a client A memo from the senior VP of the company (TCO 8) What document provides the project manager with information as to whom must be consulted and informed of the completion of a particular project activity? (Points : 5) The WBS The RACI The OBS The RBS (TCO 8) You are the project manager of a large, virtual HR project. You want to improve the functioning of the project team. Which of the techniques below would not likely improve the effectiveness and efficiency of the project team? (Points : 5) Let team members disappear as needed from the project. Create a process to handle conflict. Hold face-to-face meetings whenever possible. Keep all team members informed and communicating. (TCO 9) Stand-up meetings in agile project management do all of the following except which? Provide project status. Report on anticipated issues. Permit group problem resolution. Enhance collaboration. (TCO 9) Agile project managers make use of iterations. What are iterations also known as in agile project management? (Points : 5) Sprint Stand-up meetings Stories Burn down charts (TCO 6) You are the project manager of a major IT project in Italy. You review your earned value report and you see that your SPI is 1.18. What does this mean to you? The project is doing fine. It should be completed 18 months ahead of schedule. The project is doing fine. It should be completed 18 months ahead of schedule. The project is slightly behind schedule. Corrections are needed. The project is very much behind schedule. Immediate corrections are needed. (TCO 6) To control your project, you decide to use milestone analysis. Which of the below is not a benefit of using milestone analysis to control a project? (Points : 5) Milestones eliminate unnecessary changes to a project. Milestones align schedules with suppliers. Milestones trigger other team members’ participation in the project. Milestones allow for periodic review of the project. (TCO 4) Compare and contrast top-down and three-point estimating techniques. (Points : 20) Top-down estimating is also known as analogous. Many believe that this method is simply an imposed budget by senior management, but… (TCO 6) You are comparing two projects. Using the data below, calculate the CV, SV, SPI, and CPI. Second, use the values to provide the status of each project. All values are in dollars. Project A Project B EV 650 550 PV 750 575 AC 675 525 (Points : 20) Cost Variance = EV- AC… (TCOs 4 and 6) What is resource leveling on a project and what are its objectives? (Points : 20) Resource leveling is the process to address project constraints. Its objectives are:… (TCO 8) Compare and contrast leaders versus managers on a project. (Points : 20) Both managers and leaders work on a project with the aim of successfully executing the… (TCO 9) Stand-up meetings in agile project management do all of the following except which? Provide project status. Report on anticipated issues. Permit group problem resolution. Enhance collaboration (TCO 9) Compare and contrast project control in an agile environment and in a traditional environment. (Points : 20) In agile environment there would a changes and adjusted to finish the work. This is because the team accepts changes as part of their…

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MGMT 404 Entire Course New Click Link Below To Buy: http://hwcampus.com/shop/mgmt-404-entire-course-new/ Or Visit www.hwcampus.com MGMT 404 Entire Course MGMT 404 Course Project DeVry MGMT 404 Course Project Outline Proposal Week 1 Meet and Assess Current Park Situation and Facilities A playground provides many advantages to the community. Children can play and be engaged in healthy physical activities. Adults can play games or use it as a community hub and… MGMT 404 Course Project Charter Week 2 The mission for the redevelopment of our community outdoor park and playing ground is to create a safe and easy access park for all children and families to enjoy for relaxation… MGMT 404 Course Project Scope Statement Week 3 The scope of this project is to revamp, renovate, and modernize the park so that the 60 acres it occupies is better utilized by the community. The aim of this project is to provide a state-of-the-art playground so that as citizens, children and adults have a sense of their own space in the city. It will be a place where people can socialize with each other. The project team will work on… MGMT 404 Course Project Work Breakdown Structure/Gantt Chart Week 4 Chart completed in excel. MGMT 404 Course Project Risk Management Plan Week 5 The first sheet, titled Risk Register, shows a number of fields to use for gathering the following information about risks. Risk ID is some unique value that identifies the risk. Risk Name is a short description of the risk. Risk Description “If this risk occurs, then what impact will it have on the project?” It should be written as an “If, then” statement. Impact as rated on a very low, low, medium, high, and very high scale. Probability as rated on a very low, low, medium, high, and very high scale. Risk Ranking: Using the risk matrix found on the right on the Risk Register sheet, determine the color code (risk ranking) for each risk. Positive/Negative: Is this risk a positive risk (an opportunity) or a negative risk? Proactive Response Plan is a detailed plan of what changes will be made to the project, project scope, and/or WBS proactively to try to make the risk happen (positive risk) or stop it if it is a negative risk. Trigger Event is a description of how you will know if the risk has occurred or is about to occur. Reactive Contingency Plan is the description of what you plan to do if the risk happens. How will you react to the risk once it occurred? MGMT 404 Course Project Schedule and Budget Week 6 The team will consist of a project manager, a design team, civil construction laborers, marketing team, civil engineers and a procurement team. The team allocation is present in the Excel file attached. The team allocation has been optimum. There has been no over allocation or under allocation of resources. The civil engineer might have to… MGMT 404 Course Project Communication Plan Week 7 The Poplar Park redevelopment project is a project involving different teams and many team members. It will go on for a long duration and it is important that all interested parties are aware of the progress and current status of… MGMT 404 Final Project Week 8 The project aims to redevelop Poplar Park so that the 60 acre open area can be useful to the community. The project will aim to revamp, renovate and modernize the park so that citizens, children, and adults have a sense of their own space in the city…. MGMT 404 Discussions Week 1-7 All Posts 265 Pages DeVry MGMT 404 Case Study: Keflavik Paper and Case Study Widgets ‘R Us Company Discussions Week 1 All Posts 63 Pages DeVry MGMT 404 Case Study: Keflavik Paper Company Discussions 1 Week 1 All Posts 37 Pages DeVry Read Case Study 3.1 The Keflavik Paper Company is a case with a problem in determining a project management process for new product development. Answer the following questions: • What does this case demonstrate about the effect of poor project screening methods on a firm’s ability to manage projects effectively? • How would project portfolio management help to improve the situation at Keflavik? • If you think about it, all business problems are case studies. To effectively evaluate the situation, you must approach the problem in a methodological manner. A proven technique to do this is to do the following: 1. list the facts; 2. identify the issues; 3. based on the facts of the case and your knowledge, analyze the issues of the case; 4. prepare recommended solutions and their possible outcomes; 5. implement the optimal solution (not always the one with the best outcome, because the cost or other things could be impractical); and 6. monitor the implementation and outcomes. So when you read and prepare to respond to this case, please follow the above guidelines. I don’t necessarily expect you to perform Steps 4–6, but I do expect your response to be based on the facts and your knowledge. Remember—your first impressions may not be correct! What is the difference between Portfolio, Project and Programs? Give an example of each? In your opinion and experience, what are the top 3 reasons why you think projects fail? Has technology increase or decrease the chances of project failure today? Explain in detail why or why not?… MGMT 404 Case Study Widgets ‘R Us Discussions 2 Week 1 All Posts 26 Pages DeVry Read Case Study 2.4 The Widgets ‘R Us case study is a case with a problem of how the company is set up and how the company will handle operations with its projected growth. Answer the following questions: • You have been called in as a consultant to analyze the operations at WRU. Based on the readings, what would you advise Widgets ‘R Us to do in order to sustain the competitive advantage in the widget market? • What structural design changes might be undertaken to improve the operations at the company? What are the advantages and disadvantages of each structure weak matrix, balanced matrix, strong matrix, functional, and pure project? Name the three organizational structures and describe each of them? What organizational structure do you think might fit Widgets ‘R Us and why? What are some key decision criteria that will help it determine which model makes the most sense? What is Google and Amazon’s organization structure? Compare and contrast the two structures in your own words?… MGMT 404 Case Study: Project Management at Dotcom.com Discussions Week 2 All Posts 30 Pages DeVry Read Case Study 5.3: Project Management at Dotcom.com. Dotcom.com is a software engineering and systems development consulting firm that needs some organizational improvements in the area of project management processes that will cut cost and potentially increase the profit margin for the company. Answer the following questions: • Discuss how you would begin redesigning dotcom.com’s project management processes to minimize the problems it is experiencing with poor scope management. • Why do you think configuration management and project change control are difficult to perform in the middle of a complex software development project, such as those implemented at dotcom.com? • Share any experiences you have with project change requests. Pinto (2013) discusses the conceptual development in terms of the start of a new project. What key steps of information does he mention that are required to start a project? Why are they key? What is the difference between the Project Management Life Cycle and the Software/System Development Life Cycle? What are the top 3 challenges in creating the project charter? Explain in detail? If you have the PMBOK 5, use it as a resource for these questions. If not, use the textbook and/or web resources?… MGMT 404 Project Schedule Discussions Week 3 All Posts 33 Pages DeVry To develop a schedule for a project, we will use the concept of a project network, which shows work activities taken from the work breakdown structure and is organized according to the logical flow in time and relationships governing when the work will be performed. By combining this network of work activities with estimates of the time duration for performing each of the activities, we can create a schedule for the project work. What types of information can we learn about the project by reviewing the project schedule and all the information used to generate it? What is the difference between the Work Breakdown Structure (WBS), Network Diagram, Project Schedule & Work Packages? Explain in detail? What are predecessors? When and how do you determine them throughout your project schedule? How do they ensure the effectiveness of your project schedule? Give an example?… MGMT 404 Risk Management Discussions Week 4 All Posts 40 Pages DeVry Assume you have just been assigned to a project risk team composed of five members. Your task, as project manager, is to develop a process for handling risks to the project. Because this is the first time your organization has formally set up a risk team for a project, it is hoped that your team will develop a process that can be used on all future projects. Your first team meeting is next Monday morning. Each team member has been asked to prepare for the meeting by developing, in as much detail as possible, an outline that describes how you believe the team should proceed in handling project risks. Each team member will hand out his or her proposed outline at the beginning of the meeting. Your outline should include, but not be limited to, the following information: • What methods should be used for identifying risks? • Who should be involved in identifying risks? • What should be considered when identifying risks? How should the risks be prioritized? Who should do the prioritization of the project risks? How should project risks be monitored and controlled? Who should develop risk responses and contingency plans? Who should own these responses and plans? What is the difference between Qualitative and Quantitative Risk Analysis? Give an example of each? MGMT 404 Case Study: The Problems of Multitasking Discussions Week 5 All Posts 31 Pages DeVry Read Case Study 12.1: The Problems of Multitasking. Answer the following questions: 1. How does multitasking confuse the resource availability of project team personnel? 2. In modern organizations, it is impossible to eliminate multitasking for the average employee. Why? 3. How would resource loading or resource leveling help address multitasking situations? What are some of the resource constraints that would make the project challenging? How does multitasking make it difficult to accurately resource-level a project? What is a Sprint? What is a Backlog? How does it help make the SCRUM development process effective?.. MGMT 404 Case Study: Finding the Emotional Intelligence Discussions Week 6 All Posts 34 Pages DeVry Read Case Study 4.2: Finding the Emotional Intelligence. 1. What are the differences between leaders and managers? 2. Can anyone be a leader? Which would you prefer to work for: a leader or a manager? Why? 3. Select one of the characteristics of an effective project manager and tell why it is important. 4. Is leadership of a project different in an Agile environment than in a traditional project environment? 5. Take the Future Time Perspective scale on page 129. Share your results and comments with the class. Who would you consider to the top 3 most effective leaders in your life time? Explain why? Do you think leadership skills can be learned or you have to be born with them? Give an example to support your position? Is there anything you could have done individually to expedite the stages your team went through? Are there any lessons learned?… MGMT 404 Project Baseline Discussions Week 7 All Posts 34 Pages DeVry We have now moved from the planning stage to the execution stage of project management. Following good project management practices, we have set a baseline. How is a project baseline used to guide the execution of the project’s work, to evaluate progress and performance, and to control the project? Also, as you continue to think about monitoring and controlling the project, specifically consider the question: How can the project baseline and the earned value approach for variance analysis be used to monitor and report project progress? Is project control different in an Agile project? What is the role of a project manager in controlling an Agile project? What is the role of the project client, sponsor, or customer at controlling project changes? What is the difference between Schedule Baseline and Scope Baseline? How do a project manager use both baseline documents to control the project effectively?… MGMT 404 Quiz Week 4 DeVry (TCO 1) Which document is created during the initiation phase of a project? (Points : 5) The scope The project schedule The project charter The project communication plan (TCO 1) The purpose of a project charter is to Define the project. Define the project. Authorize the project. Define detailed project risks. (TCO 1) Which document on a project authorizes the project manager to begin work on the project? (Points : 5) The scope The schedule The charter The risk management plan (TCO 2) Which step of the project life cycle defines the project scope? (Points : 5) Initiation Planning Execution Close out (TCO 2) Which statement is an example of a project constraint? (Points : 5) “If the parts arrive late, we will not finish on time.” “We must get permits before we start work.” “I believe the contracts will be signed by the 15th.” “The paving of the parking lot is a major piece of work for this project.” (TCO 2) Which statement is an example of a project assumption? “If the parts arrive late, we will not finish on time.” “We must get permits before we start work.” “I believe the contracts will be signed by the 15th.” “The paving of the parking lot will be completed within this project.” (TCO 3) The critical path in a project describes which of the following? (Points : 5) The path containing the most important pieces of work The longest path in a project The activities with the highest risk The activities with the highest cost to the project (TCO 3) The longest continuous path of activities from beginning to end on a project describes the Deliverables Slack Critical path Work packages (TCO 3) Hammock activities are used to do which of the following? Ensure critical path work is done on time. Capture lessons learned on two or more activities. Provide information on project slack. Summarize duration and cost information on related activities. Provide information on project slack. (TCO 3) What values are calculated on the forward pass of a project network? (Points : 5) Early start; late start Early start; early finish Late start; late finish Early finish; late finish (TCO 5) In which process of risk management are proactive and reactive strategies considered? (Points : 5) Plan risk management Plan risk responses Control risks Qualitative risk analysis (TCO 5) Contingency plans are created (Points : 5) To proactively address the risk. To respond to the risk should the risk occur. To gather information on vital risks. To avoid red risks in the project plan. (TCO 5) In which process of risk management are risks prioritized or ranked? Plan risk management Identify risks Control risks Qualitative risk analysis (TCO 5) A risk matrix is used to _____. A risk register is a _____. Prioritize risks; list of risks Identify risks; way to categorize risks Create risk strategies; way to monitor negative risks Simulate project risks; way to categorize risks (TCO 1) Compare and contrast the project charter and the project scope as used in project management. (Points : 20) The project scope defines what will be delivered as part of the project, and in some ways, it can be likened to the term vision. Whenever a company plans for… (TCO 1) Before one can begin writing a charter, one must consider the most appropriate organization for the project. You are the project manager for an organization that builds doors and windows for homes. Which organization structure of the five types is most suitable? Why? As the project manager for an organization that builds doors and windows, I feel a functional… (TCO 2) You are reaching the end of your graduate school program and are planning a large party to celebrate your success! You have rented out the local forest preserve as the venue for your party. Applying your project management skills, you want to ensure you have everything planned out and you’ve asked your family and friends to be a part of your team to hold this party. At your party, you have made it clear to your team what you want to have delivered. After all, it’s your party— you can have whatever you want! Some of the key items you want at your party include graduation announcements;• party invitations;• live entertainment;• games (for adults and for children);• food;• beverages; and• convenience for all (parking, restroom facilities, etc.).• Part 1: To ensure you have a clear scope for your team, create a 2-level WBS. Don’t forget to include your WBS numbering (15 points). Part 2: In your WBS, how many work packages have been created? (5 points) (Points : 20) Three work packages have been created to plan and prepare… (TCO 3) Compare and contrast fast tracking and scope reduction as means of schedule compression. (Points : 20) Fast tracking and scope reduction are the three techniques where a project can be brought back on the schedule or for the compression of schedule. Fast tracking… (TCO 5) A firm hosts data-mining servers and performs data mining for other companies that do not desire the costs of hardware, software, or expertise to data mine their data. The firm is planning to roll out faster data-mining software that will reduce the time to sift through customers’ data by a fraction of the present time. Part 1: List and discuss the major risk management functions from a project management perspective for the data-mining software project. (15 points) Part 2: Describe a positive and negative risk event, the consequences, and the risk-response plans for the data-mining software project. (15 points) (Points : 20) Part 1 The risk management functions are: Risk Management Planning: The data mining project could use a risk management template if available in the organization to analyze the… Part 2: A risk for the data mining project would be that the infrastructure that is needed (server, software, licenses) are not… (TCO 9) Compare and contrast how a scope is created in traditional project management versus one created in agile project management. (Points : 20) In traditional project management, the project scope may specify the color of paint on the walls of a new building or the… MGMT 404 Quiz Week 7 DeVry (TCO 4) An example of resource leveling would be (Points : 5) Fast tracking a project to finish early. Crashing a project to meet a critical deadline. Ensuring resource usage is balanced. Removing work from a project to compress its schedule. (TCO 6) You are the project manager of a major IT project in Italy. You review your earned value report and you see that your SPI is .68. What does this mean to you? (Points : 5) The project is doing fine. No corrective actions are needed. The project is slightly ahead of schedule. No corrections are needed. The project is slightly behind schedule. Corrections are needed. The project is very much behind schedule. Immediate corrections are needed. (TCO 4) Which of the below is an example of an indirect cost to a project? (Points : 5) Concrete needed to complete a parking garage A consultant for an IT project Boats for a river rescue Janitorial services for an entire building (TCO 7) Which of the following is an example of a formal written form of communication? (Points : 5) Meeting notes made at a meeting with the VP of the company E-mails between an important client and yourself Contracts with a client A memo from the senior VP of the company (TCO 8) What document provides the project manager with information as to whom must be consulted and informed of the completion of a particular project activity? (Points : 5) The WBS The RACI The OBS The RBS (TCO 8) You are the project manager of a large, virtual HR project. You want to improve the functioning of the project team. Which of the techniques below would not likely improve the effectiveness and efficiency of the project team? (Points : 5) Let team members disappear as needed from the project. Create a process to handle conflict. Hold face-to-face meetings whenever possible. Keep all team members informed and communicating. (TCO 9) Stand-up meetings in agile project management do all of the following except which? Provide project status. Report on anticipated issues. Permit group problem resolution. Enhance collaboration. (TCO 9) Agile project managers make use of iterations. What are iterations also known as in agile project management? (Points : 5) Sprint Stand-up meetings Stories Burn down charts (TCO 6) You are the project manager of a major IT project in Italy. You review your earned value report and you see that your SPI is 1.18. What does this mean to you? The project is doing fine. It should be completed 18 months ahead of schedule. The project is doing fine. It should be completed 18 months ahead of schedule. The project is slightly behind schedule. Corrections are needed. The project is very much behind schedule. Immediate corrections are needed. (TCO 6) To control your project, you decide to use milestone analysis. Which of the below is not a benefit of using milestone analysis to control a project? (Points : 5) Milestones eliminate unnecessary changes to a project. Milestones align schedules with suppliers. Milestones trigger other team members’ participation in the project. Milestones allow for periodic review of the project. (TCO 4) Compare and contrast top-down and three-point estimating techniques. (Points : 20) Top-down estimating is also known as analogous. Many believe that this method is simply an imposed budget by senior management, but… (TCO 6) You are comparing two projects. Using the data below, calculate the CV, SV, SPI, and CPI. Second, use the values to provide the status of each project. All values are in dollars. Project A Project B EV 650 550 PV 750 575 AC 675 525 (Points : 20) Cost Variance = EV- AC… (TCOs 4 and 6) What is resource leveling on a project and what are its objectives? (Points : 20) Resource leveling is the process to address project constraints. Its objectives are:… (TCO 8) Compare and contrast leaders versus managers on a project. (Points : 20) Both managers and leaders work on a project with the aim of successfully executing the… (TCO 9) Stand-up meetings in agile project management do all of the following except which? Provide project status. Report on anticipated issues. Permit group problem resolution. Enhance collaboration (TCO 9) Compare and contrast project control in an agile environment and in a traditional environment. (Points : 20) In agile environment there would a changes and adjusted to finish the work. This is because the team accepts changes as part of their…

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