When making an estimate for the time and cost to execute a project,

8.   When making an estimate for the time and cost to execute a project, should the time and cost required to develop the planning, monitoring, and controlling systems be included as well?  Should the actions required to monitor and control a project be included in the project’s action plan or WBS?

 

 

9.   The chapter includes an example of a firm where the PM dispensed with all the planning formality because no one ever looked at it anyway.  What did the PM think the purpose of such planning was in this firm?  What should the firm do in the future to correct this problem?

 

10. In such fields as psychology and sociology, verbal characterizations are frequently used to show the amount of some factor.  How might one set up such a measure for a project management characteristic such as the “energy” of the project team?

 

11. How might one measure team morale?

 

12. How can the PM circumvent the problem that the monitoring system can only report on activities that have passed, thus telling the PM what has already gone wrong but not what will go wrong in the future?

 

13. How might using electronic media to report project information lead to problems with control?

 

14. Explain how the earned value chart captures all three objectives of a project: performance, cost, and schedule.

 

15. Why isn’t there an earned value reporting convention that allows progress on a task to be credited when the task is half completed?  Wouldn’t this be more accurate than giving credit only when the task is fully completed?

 

16. When would spending and schedule variances be more informative than ratios?  When would ratios be better?

 

17. How should a PM reconcile the dual purposes of control: conserving resources and regulating results through the use of resources?

 

18. Identify situations where each of the following control tools might be useful: earned value charts, benchmarking, critical ratios, control charts, variance analysis, trend projections.

 

19. How might the existence of a change control system affect the behavior of a client, or a project team member, who desires to make a change in the project?

 

20. “In order to manage for overall project success, control must be exercised at the detailed work level for each aspect of project performance or no significant change will occur.”  Does this mean that the PM should micromanage the project?  If not, what does it mean?

 

21. Select a hypothetical project (e.g. designing and building a Web site, installing a new machine in an assembly line, or conducting a major inspection and repair of a passenger aircraft), and briefly describe an example of how each of the following types of control data might be used for project control:

(a)  Frequency counts

(b) Raw numbers

(c)  Subjective numeric ratings

(d) Indicator and surrogate measures

 

22. Of all the rules for conducting meetings, the most difficult to enforce is the injunction against the weekly (or daily) standard project progress report (the “show and tell” meeting).  Why is this, and under what circumstances do you think such meetings are justified?

 

23. If your project management software calculates earned value, or any other standard item to be reported, differently than the Project Management Institute suggests, should you deal with this matter in management reports?  If so, how?

 

24.       Logically, when using earned value data in the critical ratio formula, should the “budgeted” cost be the planned value or the earned value?  What problems occur with each choice?

Get 20% Discount on This Paper
Pages (550 words)
Approximate price: -

Try it now!

Get 20% Discount on This Paper

We'll send you the first draft for approval by at
Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

Paper Helper has assembled a team of highly skilled writers with diverse experience in the online writing circles. Our aim is to become a one stop shop for all your Academic/ online writing. Check out below our amazing service!

Essays

Essay Writing Services

At Paper Helper, we prioritize on all aspects that creates a good grade such as impeccable grammar, proper structure, zero-plagiarism, and conformance to guidelines. The principal purpose of essay writing is to present the author's evaluation concerning a singular subject about which they have made. Since Professionalism is the mother of every success, try our team of experienced writers in helping you complete your essays and other assignments.

Admissions

Admission Papers

You have been trying to join that prestigious institution you long yearned for, but the hurdle of an admission essay has become a stumbling block. We have your back, with our proven team that has gained invaluable experience over time, your chance of joining that institution is now! Just let us work on that essay.How do you write an admission essay? How do you begin the essay? For answers, try Quality Custom Writers Now!

Editing

Editing and Proofreading

Regardless of whether you're pleased with your composing abilities, it's never an impractical notion to have a second eye go through your work. The best editing services leaves no mistake untouched. We recognize the stuff needed to polish up a writing; as a component of our editing and proofreading, we'll change and refine your write up to guarantee it's amazing, and blunder free. Our group of expert editors will examine your work, giving an impeccable touch of English while ensuring your punctuation and sentence structures are top-notch.

Coursework

Technical papers

We pride ourselves in having a team of clinical writers. The stringent and rigorous vetting process ensures that only the best persons for job. We hire qualified PhD and MA writers only. We equally offer our team of writers bonuses and incentives to motivate their working spirit in terms of delivering original, unique, and informative content. They are our resources drawn from diverse fields. Therefore your technical paper is in the right hands. Every paper is assessed and only the writers with the technical know-how in that field get to work on it.

Coursework

College Essay Writing

If all along you have been looking for a trustworthy college essay service provider that provides superb academic papers at reasonable prices, then be glad that you search has ended with us. We are your best choice! Get high-quality college essay writing from our magnificent team of knowledgeable and dedicated writers right now!

Coursework

Quality Assignment/Homework Help

We give the students premium quality assignments, without alarming them with plagiarism and referencing issues. We ensure that the assignments stick to the rules given by the tutors. We are specific about the deadlines you give us. We assure you that you will get your papers well in advance, knowing that you will review and return it if there are any changes, which should be incorporated.