project management

TASK 1

1)    Following are elements of a WBS for a project to build a bunk bed. Using the information supplied here, create a WBS and carry out a bottom-up cost estimate.

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2) Following is a listing of items to be considered in costing a PC game development project.  Use this data to develop a parametric estimate of the cost of the project.

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3) For the table below

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  1. a) Create a PERT/CPM chart
  2. b) Identify the critical path and compute project duration
  3. c) Compute Latest Start, Earliest Start, and Float (Slack)

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TASK 2

1) The following table shows the allocation of work assignments and resources needed for an investment firm to make a decision on investing in company XYZ.

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  1. a) Create Responsibility Matrix
  2. b) Create Resource Gantt Chart
  3. c) Create Resources Loading Chart

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TASK 3

Following are data reporting progress on a project. Work on all tasks contained in the table is scheduled to be complete as of the day of the report.

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Budget

Begun?

Complete?

Actual cost

Earned Value

Task A

3,100

Yes

Yes

3,100

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Task B

4,000

Yes

Yes

4,500

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Task C

2,500

Yes

Yes

2,250

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Task D

4,000

Yes

No

3,500

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Task E

3,500

Yes

Yes

4,000

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Task F

2,500

No

No

0

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  1. 1) Using the 50-50 Rule, what is earned value for this project?
  2. 2) Using the 0-100 Rule, what is earned value for this project?
  3. 3) Note the discrepancy of earned value figures when using the 50-50 Rule and 0-100 Rule. Why is there a discrepancy? Which Rule should we use? Explain your rationale.
  4. 4) Using the 50-50 Rule earned value computation, what is schedule variance for the project as reported?
  5. 5) What is the schedule performance index (SPI)?
  6. 6) Using the 50-50 Rule earned value computation, what is the cost variance for the project as reported?
  7. 7) What is the cost performance index (CPI)?
  8. 8) If the total budget for this project is 50,000, use CPI to compute estimate at complete (EAC).
  9. 9) Using the earned value information garnered from the above table, provide your boss a brief status report on project progress to date. Also, provide projections for future status.
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