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Project Management The Managerial Process Textbook Questions And Answers

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b Chapter: 9 -Problem: 6 /b What do you think Dan Gold is referring to when he argues that all parties must make a concerted effort to work as partners? brbAnswer Preview/b: Working as partners is one of the underlying themes of th… brbr,b Chapter:

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Chapter: 9 -Problem: 6 >> What do you think Dan Gold is referring to when he argues that all parties must make a concerted effort to work as partners?
Answer Preview: Working as partners is one of the underlying themes of th…

, Chapter: 3 -Problem: 1 >> Do you agree that true innovation can only come from a small group of dedicated professionals?
Answer Preview: Some of the reasons that many observers see smaller companies as more innovative include that: Small …

, Chapter: 5 -Problem: 1 >> Calculate the direct cost of labor for a project team member using the following data: Hourly rate: $50/hr Hours needed: 120 Overhead rate: 40%
Answer Preview: Direct Cost of Labor: 120 $50 = $6,000 Note: Overhea…

, Chapter: 9 -Problem: 8 >> How did H4H reduce the chances of human error on the project?
Answer Preview: Ans: Standard operating procedures create consistency in work execution. Ensuring consistency is one …

, Chapter: 5 -Problem: 3 >> Why is the range so much higher for IT projects than construction projects?
Answer Preview: This question provides an opportunity to introduce Agile PM in…

, Chapter: 5 -Problem: 4 >> 1. Can you identify personal examples of white elephants? 2. What else do you think Olympic organizers could do to make the event more sustainable?
Answer Preview: 1. Students usually come up with unused vacation homes, boats, and recreational vehicles. It …

, Chapter: 1 -Problem: 4 >> What kinds of projects is Agile PM best suited for and why?
Answer Preview: Projects in which the scope or how the proj…

, Chapter: 1 -Problem: 3 >> Describe the four phases of the traditional project life cycle. Which phase do you think would be the most difficult one to complete?
Answer Preview: A project is a complex, non-routine, one-time effort limited by time, bud…

, Chapter: 14 -Problem: 4 >> Assume you are to command a similar mission. What are two things you would insist on, based on what you learned about Eagle Claw?
Answer Preview: The two immediate takeaways are that you would o…

, Chapter: 10 -Problem: 4 >> How important is leading by example on a project?
Answer Preview: Leading by example can increase trust and team engagement. The people you manage pay a lot of attent…

, Chapter: 5 -Problem: 2 >> Calculate the direct and total direct costs of labor for a project team member using the following data: Hourly rate: $50/hr Hours needed: 100 Overhead rate: 30%
Answer Preview: Direct Cost of Lab…

, Chapter: 10 -Problem: 4 >> How important is leading by example on a project?
Answer Preview: Ans: Leading by example can increase trust and team engagement. The people you manage pay a lot of a…

, Chapter: 2 -Problem: 1 >> 1. Why would IBM want to move from computer hardware to service products?2. What impact will artificial intelligence (AI) have on the field of project management?
Answer Preview: 1. IBM realizes that hardware had low profit margi…

, Chapter: 11 -Problem: 3 >> The following activities are based on a current or recently completed group project that you are (were) involved in. This project may be a student project, a work project, or an extracurricular project. a. How strong is the team identity on this project and why? b. What could participants do to strengthen team identity? c. What kind of informal activities could be used to rejuvenate the team? Why
Answer Preview: a. On a project I was involved with, we had a relatively we…

, Chapter: 9 -Problem: 7 >> What options did Habitat for Humanity(H4H) use to complete the house so quickly?
Answer Preview: They used a dedicated team and fast tracking to start tasks quickly. …

, Chapter: 8 -Problem: 1 >> Can you think of other examples where the physical environment constrains project work?
Answer Preview: A physical constraint such as the size of land available to build a property, or size of warehouse s…

, Chapter: 11 -Problem: 1 >> Which of the eight characteristics associated with positive synergy were evident in the case of the Redeem team?
Answer Preview: The Redeem Team, officially known as the 2008 United States men's Olympic basketball team, was …

, Chapter: 11 -Problem: 11 >> How does the nominal group technique prevent groupthink from occurring on a project?
Answer Preview: Nominal group technique (NGT) is defined as a structured method for group brainstorming that encoura…

, Chapter: 10 -Problem: 1 >> Garth Hudson was a 29-year-old graduate of Eastern State University (ESU) with a BS degree in management information systems. After graduation he worked for seven years at Bluegrass Systems in Louisville, Kentucky. While at ESU he worked part time for an oceanography professor, Ahmet Green, creating a customized database for a research project he was conducting. Green was recently appointed direct
Answer Preview: 1. This is a difficult situation with no real right or wrong answer. Whatever happens you do not want to damage your relationship with Ahmet since you …

, Chapter: 6 -Problem: 22 >> Given the following network, compute the early, late, and slack time for each activity. Clearly identify the critical path Transcribed Image Text: A Design 3 Lag 2 Legend ID ES EF SL Description SL LS Duration LF D Build Cabinets 7 Lag 5 B Tear Down 3 ? Order Appliances 1 Lag 1 E Install Cabinets 2
Answer Preview: The critical path is A-D-Finish of E-F-G. A De…

, Chapter: 11 -Problem: 2 >> The 2008 Olympic Redeem TeamWhich of the eight characteristics associated with positive synergy were evident in the case of the Redeem team?Which of the eight characteristics associated with positive synergy were not evident in the 2004 team that lost in the Olympics in Athens?
Answer Preview: Characteristics of positive synergy present in the redeem team were: 1. The team is united by a feel…

, Chapter: 5 -Problem: 1 >> 1. Can you think of a local public project that had significant cost overruns like the Portland Tram project?2. Do you agree with the statement that “nothing great would ever be built if people knew in advance what the real costs and challenges were”?
Answer Preview: 1. Usually students are able to come up with several local examples of over-budget projects. We enco…

, Chapter: 7 -Problem: 1 >> Does this example support the risk event graph (Figure 7.1)? Explain. Transcribed Image Text: Risk High Low Chances of risks occurring Defining Planning Executing Project Life Cycle Cost to fix risk event Delivering Cost High Low
Answer Preview: According to Giant Popsicle Gone Wrong, the danger of the project going over budget grows as the tim…

, Chapter: 8 -Problem: 3 >> On June 23, 2018, in Thailand, a group of 12 boys aged between 11 and 17 from the local football team, named the Wild Boars, and their 23-year-old assistant coach entered the Tham Luang cave. Tham Luang is a large cave complex in northern Thailand along the border with Myanmar. The cavern was popular with locals and the boys had visited Tham Luang before. Tham Luang cave is isolated—there is no GP
Answer Preview: Solution; The physical environment of the cave had a significant impact on the rescue plan. The very …

, Chapter: 10 -Problem: 7 >> What aspects of the Arthur Andersen culture contributed to the scandal?
Answer Preview: Admittedly the information provided is very limited, but Arthur Andersen appeared to have a str…

, Chapter: 5 -Problem: 2 >> What kinds of estimates are best suited for this method?
Answer Preview: Ans: While accurate estimates are the basis of sound project planning, there are many techniques use…

, Chapter: 9 -Problem: 2 >> What do you think would have happened if for some reason it took Samsung three years to release its next-generation smartphone?
Answer Preview: Samsung would lose significant market share both in new u…

, Chapter: 6 -Problem: 13 >> You are completing a group term paper.* Given the project network that follows, complete the forward and backward pass, compute activity slack, and identify the critical path. Use this information to create a Gantt chart for the project. Be sure to show slack for noncritical activities. Transcribed Image Text:
Answer Preview: Early start, late start, early finish, late finish, and slack are shown on the diagram above. …

, Chapter: 13 -Problem: 5 >> How did limiting work packages to one week help management identify problems sooner?
Answer Preview: The idea sounds counterintuitive, but in an organization that was struggling to manage their resourc…

, Chapter: 14 -Problem: 1 >> You are a member of a project management practicum class. The major assignment for this class is to plan and implement a fund-raising project that will raise at least $1,500 and provide an opportunity to practice project management. You have joined a group of six students who have decided to organize an event based on the popular Halo video game. Your professor tells your group that they are in lu
Answer Preview: 1. We learned the importance of identifying a person who is accountable for the success of the p…

, Chapter: 9 -Problem: 3 >> What options for accelerating project completion did C. C. Myers use on the Northridge Earthquake project?
Answer Preview: The primary option was adding resources and creating cond…

, Chapter: 11 -Problem: 4 >> What similarities do you see between the Ford Diesel team and the Mac team at Apple and the Skunk Works at Lockheed?
Answer Preview: The three teams are all excellent at what they do. The F…

, Chapter: 15 -Problem: 4 >> Why not use the waterfall method to develop new champions?
Answer Preview: Ans: The disadvantage of waterfall development is that it does not allow much reflection or revision…

, Chapter: 8 -Problem: 1 >> Consider a project with the accompanying Gantt chart. Stella is your only electrical engineer and she is responsible for activities 3 and 4, which overlap. Level the project so that Stella is only working a maximum of 8 hours each day. What would the new Gantt chart look like? What would be the new project completion date? Consider a project with the following Gantt chart to answer exercises 2 and
Answer Preview: 1. Since Activity 3 and 4 are done by same person, …

, Chapter: 14 -Problem: 3 >> What could the NBA have done differently to increase the likelihood of success?
Answer Preview: The NBA makes money primarily through television, merchandising, sponsorships, and tickets. The 30 t…

, Chapter: 6 -Problem: 2 >> The G&E Company is preparing a bid to build the new 47,000-seat Shoreline baseball stadium. The construction must start on June 10, 2019, and be completed in time for the start of the 2022 season. A penalty clause of $500,000 per day of delay beyond April 3rd is written into the contract. Percival Young, the president of the company, expressed optimism at obtaining the contract and revealed that t
Answer Preview: 1. The project is estimated to take 685 days and be completed by February 23, 2022. This is 40 days …

, Chapter: 15 -Problem: 2 >> Ken Buttrey scratched his head as he looked over an e-mail from John Barbata. Ken was the team lead on the Jasper Jones project. He and 13 other developers were charged with creating Jasper Jones (JJ), a new character to appear in the next edition of the popular video game Hidden Galaxy. Hidden Galaxy was the flagship game for NYAS Games. The team was cross-functional and included designers, artis
Answer Preview: 1. The options that Ken has in this situation depends on the amount of authority he has. Judging by …

, Chapter: 10 -Problem: 1 >> What is the difference between managing and leading a project?
Answer Preview: Managing is about formulating plans and objectives, designing procedures to achieve those objective…

, Chapter: 4 -Problem: 1 >> What are the eight elements of a typical scope statement?
Answer Preview: Project objective Product sco…

, Chapter: 11 -Problem: 10 >> What do you think would have happened if the work had been completed in Japan instead of Australia?
Answer Preview: Ans; Australia was provisioned through a tenuous supply line stretching from the country's eastern …

, Chapter: 15 -Problem: 5 >> How does having a product vision and using Scrum rituals help teams manage tension and conflict?
Answer Preview: The vision provides the team with a common goal and a basis …

, Chapter: 3 -Problem: 5 >> Use the cultural dimensions listed in Figure 3.5 to assess the culture of your school. Instead of employees, consider students, and instead of management, use faculty. For example, member identity refers to the degree to which students identify with the school as a whole rather than their major or option. Either as individuals or in small groups, rate the culture of your school on the 10 dimension
Answer Preview: a Students found control most difficult while conflict tolerance was the easiest. b When the univers…

, Chapter: 14 -Problem: 5 >> Why should an organization be interested in knowing what level they are at in the project maturity model?
Answer Preview: It provides a long term roadmap to project management excellence. To encourage changes in behavior a…

, Chapter: 3 -Problem: 4 >> How can project management offices (PMOs) support effective project management?
Answer Preview: PMOs support effective project management by: track…

, Chapter: 8 -Problem: 1 >> Pinyarat worked in the IT Department of a diversified IT firm. She was describing the firm’s early encounters with critical-chain scheduling to a friend in another IT firm. Three years ago management decided to add 10 percent time to all activity estimates because almost all projects were coming in late. One thought was people were simply working too hard and needed some relief. This approach did
Answer Preview: After some thought and numerous rounds of edits, Pinyarat provided a plan for her division to improve project performance. The plan included a number of initiatives. 1. To improve estimates, establish …

, Chapter: 16 -Problem: 4 >> Safety is a major concern when working on projects abroad. Select a country that you would consider dangerous to work in and look up the travel advisory provided for that country by the U.S. State Department (http://travel.state.gov/). How safe is it to work in that country?
Answer Preview: Ammunition does not need to be included with all shipments. When there is a …

, Chapter: 10 -Problem: 3 >> You are organizing a benefit concert in your hometown that will feature local heavy metal rock groups and guest speakers. Draw a dependency map identifying the major groups of people that are likely to affect the success of this project. Who do you think will be most cooperative? Who do you think will be least cooperative? Why?
Answer Preview: Ans: Consumer cooperatives are a specific type of purchasing cooperative where consumers gain access to products and services. Food cooperatives are g…

, Chapter: 14 -Problem: 7 >> What effect do you think 360-degree reviews have on the culture of an organization?
Answer Preview: 360-degree feedback should encourage collaborat…

, Chapter: 14 -Problem: 2 >> What major information would you expect to find in a project audit?
Answer Preview: Ans: Classification of the project, Analysis of information gathered, Recommendations, Technical imp…

, Chapter: 6 -Problem: 1 >> 1. Why is it important to identify the critical path before starting a project? 2. On what kind of projects would the critical path be irrelevant?
Answer Preview: 1 In addition to providing an estimate of project du…

, Chapter: 8 -Problem: 4 >> Why would people resist a multiproject resource scheduling system?
Answer Preview: The lack of trust leads to the belief that …

, Chapter: 10 -Problem: 3 >> Cerberus is a successful producer of specialty chemicals. It operates nine large campus sites in the United States, with a number of different business units on each site. These business units operate independently, with direct reporting to corporate headquarters. Site functions such as safety, environmental, and facilities management report to a host organization— typically the business unit that
Answer Preview: 1. Some students may feel that Susan Steele should stand her ground and attempt to convince Jon Wood to change his mind. However, this is an emotionally charged situation, on the verge of turning into …

, Chapter: 16 -Problem: 3 >> Place in order the following countries in terms of what you think would be the least to most corrupt: United States, Denmark, Saudi Arabia, Canada, Australia, France, China, Thailand, Botswana, Chile Search online for the most recent International Corruptions Perceptions Index (CPI) released by the Berlin-based organization Transparency International.a. Check your predictions with the index. b. Ho
Answer Preview: a. Denmark was ranked as the least corrupt and Saudi Arabia as the most c…

, Chapter: 8 -Problem: 3 >> Do you agree that geeks are different from other workers?
Answer Preview: Geeks are notoriously difficult to manage and lead. Their work is frequently difficult to understand…

, Chapter: 5 -Problem: 6 >> Define a white elephant in project management. Provide a real-life example.
Answer Preview: A white elephant is a burdensome possession in which …

, Chapter: 4 -Problem: 2 >> Why is it important that final activities not be open-ended?
Answer Preview: If they cant be measured, then it …

, Chapter: 6 -Problem: 2 >> 1. What are the disadvantages of concurrent engineering (fast tracking)? 2. What kinds of projects should avoid using concurrent engineering?
Answer Preview: 1 The most significant disadvantage is increasing the chances and costs of r…

, Chapter: 7 -Problem: 2 >> 1. Why do you think British Airways decided to go fully operational on day 1? 2. How could an RBS like the one featured in Figure 7.3 have prevented the disaster from occurring? Transcribed Image Text: FIGURE 7.3 The Risk Breakdown Structure (RBS) Technical Requirements Technology Complexity and int
Answer Preview: 1. Over confidence, BA execs wanting to put on a bi…

, Chapter: 11 -Problem: 5 >> How easy do you think it is to identify people who respond to challenges?
Answer Preview: Ans: Whenever you\'re faced with a difficulty, focus on the solution rather than on the problem. T…

, Chapter: 3 -Problem: 7 >> What do you believe is more important for successfully completing a project—the formal project management structure or the culture of the parent organization?
Answer Preview: Both are important and an argument can be made for either structure or culture. The bia…

, Chapter: 9 -Problem: 5 >> What benefits do small pharma firms accrue through outsourcing project work?
Answer Preview: The primary benefit that small pharma firms gain …

, Chapter: 7 -Problem: 3 >> What is the difference between avoiding a risk and retaining a risk?
Answer Preview: Avoiding a risk is changing the project plan …

, Chapter: 5 -Problem: 6 >> Assume you are the project manager for the Tidal 2 software project. You have been asked to calculate the expected cost for the project. Your company’s database indicates hat developers can handle eight function points each person-month and that the cost per developer at your firm is $5,000 per month. You and your team of five developers have come up with the following requirements:Using the “comp
Answer Preview: Complexity Weighting Element Count Low Medium High Total Input…

, Chapter: 13 -Problem: 4 >> What additional information would you like to have in order to assess performance on the project?
Answer Preview: Ultimately, the best way to measure project performance is to establish your goals ahead of time, se…

, Chapter: 5 -Problem: 3 >> The Munsters have been saving money in order to buy a house. They figure that, given current interest rates, they could afford a $400,000 home. Before looking at houses on the market they decide to explore the possibility of building a new home. The Munsters figure they could buy a suitable lot for $70,000–$75,000. At a minimum they want to build a 2,400-square-foot house. The cost for a house of
Answer Preview: Estimated lowest total cost of b…

, Chapter: 10 -Problem: 7 >> Which of the eight traits/skills associated with being an effective project manager is the most important? The least important? Why?
Answer Preview: The most important skills of a project manager include leadership, communication, time management, n…

, Chapter: 2 -Problem: 2 >> What benefits did Frontier Airlines obtain by using a weighted scoring scheme to assess the value of projects?
Answer Preview: Weighted scoring schemes reduce politic…

, Chapter: 11 -Problem: 3 >> How important is a fun culture for innovation?
Answer Preview: While we are unaware of …

, Chapter: 5 -Problem: 7 >> Omega 2 Project. Using the “complexity weighting” scheme shown in Table 5.2 and the following function point complexity weight table, estimate the total function point count. Assume historical data suggest five function points equal one person a month and six people have been assigned to work on the project. a. What is the estimated project duration? b. If 20 people are available for the project,
Answer Preview: The total function point count is: Complexity Weighting …

, Chapter: 11 -Problem: 9 >> How did Singer establish effective patterns of communication?
Answer Preview: Effective listening involves actively paying attention to both verbal and non-verbal behavior. Most …

, Chapter: 4 -Problem: 1 >> Brandon was having an ale with his girlfriend, Sierra, when the subject of the Omega Theta Pi 5K-run project came up. Brandon has been chosen to chair the 5K-charity run for his fraternity. At the time, Brandon thought it would look good on his resume and wouldn’t be too difficult to pull off. This would be the first running event Omega Theta Pi had organized. In the past Delta Tau Chi always orga
Answer Preview: 1. Event day deliverable: Race will take place on the last Friday in March. Event planning deliverab…

, Chapter: 13 -Problem: 6 >> Why do organizations use the percent complete instead of the cheaper, easier pseudo-earned value percent approach?
Answer Preview: Ans: As per the PMBOK Guide, Planned Value (PV) is the authorized budget assigned to work to be acco…

, Chapter: 5 -Problem: 4 >> Mrs. Publinsky and her husband, Xander, are planning their dream house. The lot for the house sits high on a hill with a beautiful view of the White Mountains. The plans show the size of the house to be 2,900 square feet. The average price for a lot and house similar to this one has been $150 per square foot. Fortunately, Xander is a retired plumber and feels he can save money by installing the pl
Answer Preview: a Estimated total cost for the house is $435,000 (2,900 s…

, Chapter: 1 -Problem: 3 >> Do you agree with Ron Parker’s statement “To be successful, you must also be willing to run at problems/opportunities when everyone else is running away from them”?
Answer Preview: Agreeing with Ron Parkers statement, in order to be succes…

, Chapter: 4 -Problem: 1 >> 1. How did Helmstetter’s vision conflict with USGA rules? 2. How could this mistake have been avoided?
Answer Preview: 1. Helmstetters vision was to create the most efficient driver ever made. The USGA is inter…

, Chapter: 5 -Problem: 5 >> Exercise Figure 5.1 is a project WBS with cost apportioned by percentages. If the total project cost is estimated to be $800,000, what are the estimated costs for the following deliverables?a. Design b. Programming c. In-house testingWhat weaknesses are inherent in this estimating approach? Transcribed Image Text:
Answer Preview: a . Design? $320,000 b . Programming? $70,400 c . In-house testing? $1…

, Chapter: 7 -Problem: 3 >> What is the difference between avoiding a risk and retaining a risk?
Answer Preview: Avoiding a risk is changing the project plan …

, Chapter: 7 -Problem: 5 >> Explain the difference between contingency reserves and management reserves.
Answer Preview: Contingency reserves are established to cover identified risks that occur while implementin…

, Chapter: 9 -Problem: 2 >> Ventura Baseball Stadium is a 47,000-seat professional baseball stadium. G&E Company began construction on June 10, 2019, and will complete it on February 21, 2022. The stadium must be ready for the opening of the 2022 regular season. G&E would accrue a $500,000- per-day penalty for not meeting the April 3, 2022, deadline.  The project started on time and was progressing well until an accident occ
Answer Preview: A. Overtime = 40 days (20%) B. Infrastructure = 20 days (10%) C. Lag for construction of roof suppor…

, Chapter: 12 -Problem: 1 >> Shell Case Fabricators (SCF) designs and builds shell casings that enclose electronic products such as calculators, cell phones, and modems. Typically the cases are plastic or plastic compounds. SCF has six different production lines that cover different types of product. For example, the largest high-volume production line for modems can produce three different colors and two models (vertical and
Answer Preview: 1. Accept the Change Order In this scenario, Songsee accepts the change request and tries to influen…

, Chapter: 6 -Problem: 1 >> Part A Brian Smith, network administrator at Advanced Energy Technology (AET), has been given the responsibility of implementing the migration of a large data center to a new office location. Careful planning is needed because AET operates in the highly competitive petroleum industry. AET is one of five national software companies that provide an ccounting and business management package for oil j
Answer Preview: 1. Generate a priority matrix for AETs system move. Priority Matrix TIME PERFORMANCE COST Constrain X Enhance X Accept X Upon using this case the auth…

, Chapter: 3 -Problem: 2 >> Patti Smith looked up at the bright blue Carolina sky before she entered the offices of Horizon Consulting. It was Friday, which meant she needed to prepare for the weekly status report meeting. Horizon Consulting is a custom software development company that offers fully integrated mobile application services for iPhone™, Android™, Windows Mobile®, and BlackBerry® platforms. Horizon was founded b
Answer Preview: 1 The meeting was very successful. Participants helped each other make the best decisions available. …

, Chapter: 11 -Problem: 8 >> How did Singer enhance trust on his project?
Answer Preview: He used a classic psychological technique known as t…

, Chapter: 9 -Problem: 10 >> Have you ever responded to a bet? How effective was it?
Answer Preview: Ans: Bet means okay, and is often used to agree with someone. For example, if someone asked, Can we …

, Chapter: 14 -Problem: 1 >> What was Sally able to achieve by holding a wake for the canceled project?
Answer Preview: Sally is able to evaluate the project cancella…

, Chapter: 9 -Problem: 9 >> Have you ever used bets to motivate someone? How effective was it?
Answer Preview: Ans: People want to control their actions, receive recognition for what they have done, learn new th…

Additional Information

Book:
Project Management The Managerial Process
Isbn:
ISBN: 9781260570434
Edition:
8th Edition
Author:
Authors: Eric W Larson, Clifford F. Gray
Image:
625d197037f5d_10215.jpg

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