Question

as a project manager you are facing unexpected situation and your project execution time is increased...

as a project manager you are facing unexpected situation and your project execution time is increased by 25% define your risk impact category and expect the percentage increasing in the total amount cost
Math   Advanced-Math   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
QUESTION 3 – PM SKILLS AND RISK [25 MARKS] Your Senior Project Manager at Super IT...
QUESTION 3 – PM SKILLS AND RISK [25 MARKS] Your Senior Project Manager at Super IT Pty. Ltd. is extremely satisfied with your project selection and your Project Scope. Your Senior Project Manager has then shared their experiences while developing their previous projects. These included past projects having delayed schedule problems. Therefore, he/she has suggested that you need to explore all such potential factors that may contribute to your chosen project and create action plans. On the top of this,...
You are the project manager for a new multimillion-dollar building renovation for your organization. The company...
You are the project manager for a new multimillion-dollar building renovation for your organization. The company needs to maximize the space that it has, and the best approach is to do a staggered build-out in order to better maximize the space in the existing building. You feel that the best approach was to negotiate with multiple contractors on a fixed-price contract. Different contractors discussed other contracts with you, particularly ones to address the current market fluctuations in the raw materials...
As the manager of a new website project for your company, you need to decide whether...
As the manager of a new website project for your company, you need to decide whether to create a new web application in-house or send the project out to a developer. The developer has quoted a project cost of $175,000. Based on previous work with this developer, you are 85 percent certain they will finish the work on time. Your in-house development team has quoted a project cost of $165,000. Based on previous work with the in-house team, you are...
You are a project manager for a small construction project. Your project was budgeted for U.S....
You are a project manager for a small construction project. Your project was budgeted for U.S. $82,000 over a six-week period. As of today, you have spent U.S. $32,000. The earned value is U.S. $34,000. According to your schedule, you should have spent U.S. $40,000 by this time. Based on these circumstances, your project could be BEST described as: A.) Ahead of schedule B.) Behind schedule C.) On schedule D.) Not enough information is provided
Your firm MS Ankomadu has won a project of €1,785,000 to build a 161kV/33kV sub-station. You...
Your firm MS Ankomadu has won a project of €1,785,000 to build a 161kV/33kV sub-station. You have been selected as the project manager to lead the project team for the successful execution of the project. You are the project manager, there are a total of 8,400 hours of work schedule on the project. You made your checks with the accounting department, and they told you that you have spent a total of €1,144,000. According to the schedule, your team should...
You are a highly regarded project manager at your company. You have demonstrated the ability to...
You are a highly regarded project manager at your company. You have demonstrated the ability to execute and deliver results. You are working on a critical project that has the attention of the CEO. Your project team consists of 25-30 team members where you meet weekly. During a weekly meeting, you learn a team member, Jeff, is withholding information from other team members. Jeff proceeds to throw a tantrum during the meeting and accuses you of misrepresenting his work and...
You are the project manager for an upgrade of computers in your company. You need to...
You are the project manager for an upgrade of computers in your company. You need to upgrade 30 systems, including 10 desktops (for office personnel) and 20 laptops (for remote workers). Each system must access the company network, as well as a common installation of software, security components, and so forth. You must submit your risk identification in a summary that will be used during a presentation for the CIO. In a 3–5 page document, complete the following: Identify four...
Swimming Pool Installation: You are the project manager working for Mack's Pool Co. Your project consists...
Swimming Pool Installation: You are the project manager working for Mack's Pool Co. Your project consists of installing a new swimming pool at the local country club before Memorial Day weekend (pool opening weekend). You would like to find the minimum cost schedule for your project. There is a $9,000 per week penalty for each week the project is delayed beyond week 9. In addition, your project team determined that indirect costs are $15,000 per week. ACTIVITY Immediate Predecessor (s)...
You are a project manager. You are estimating cash flows of a potential project that requires...
You are a project manager. You are estimating cash flows of a potential project that requires investment of $250,000 in a machine, including installation cost, and $40,000 in working capital which will be fully captures at the end of the project. The marchine has the estimated life of 5 years and will be depreciated vie simplified straight-line method. The project is expected to raise the firm's revenues by $330,000 and costs by $125,000 annually. Since the trend of the product...
You are a project manager. You are estimating cash flows of a potential project that requires...
You are a project manager. You are estimating cash flows of a potential project that requires investment of $250,000 in a machine, including installation cost, and $40,000 in working capital which will be fully captures at the end of the project. The marchine has the estimated life of 5 years and will be depreciated vie simplified straight-line method. The project is expected to raise the firm's revenues by $330,000 and costs by $125,000 annually. Since the trend of the product...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT