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PROJ 592 Final Exam

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PROJ 592 Final Exam 1

1. (TCO B) Estimating Procedures

2. (TCO B) Contingency Allowance: You are a project manager for the development of Motorola's new 4G, HD, Touch Screen Cell Phone which is supposed to take the cell phone industry by storm. Listed below are the initial cost estimates for the materials and labor for one of the phones: The estimating department currently defines estimate accuracy as follows:

3. (TCO C) Work Breakdown Structure WBS Speedy Computer, Inc. (SCI) is going to introduce its first laptop computer. Although SCI recognizes that it is a late entry into the market, it believes that there is room for an inexpensive product at the low end of the market. Its design process will start with a conceptual design performed concurrently with the disassembly and analysis of a select group of the competitor's products.

4. (TCO A) Budgeting processes and techniques A company modifies production automobiles to create custom hybrid vehicles for the high-end auto enthusiast market. They develop and build these custom designs as a single unit or at times in multiples of as many as 20 for larger orders.

1. (TCO C) Schedule Crashing Using the network below and the additional information provided, find:

2. (TCO E) Responsibility Allocation Matrix Projects often cross many functional boundaries with team members reporting to different functional managers. This cross functional aspect can create problems with roles and responsibilities. You decide to use a Responsibility Assignment Matrix (RAM) to help with this situation.

3. (TCO E) Resource Allocation/Leveling The following data were obtained from a project to design a new software package: The software manufacturer has only the above personnel available for the project. Additional personnel can be hired from an agency at an 80% cost premium if needed.

1. (TCO G) Estimate At Completion forecast (EAC) A project has been estimated to take eight weeks and cost $65,000. The critical path is A - D. Cost and earned value data are provided below:

2. (TCO D) PMIS and cost accounting Effective project monitoring requires access to projects data, and therefore a Project Cost Accounting System (PCAS) is essential.

3. (TCO F) Earned Value The following data were obtained from a project to design a new software package:

PROJ 592 Final Exam 2

1. (TCO B) Estimating Procedures

2. (TCO B) Contingency Allowance: You are a project manager for the development of Motorola's new 4G, HD, Touch Screen Cell Phone which is supposed to take the cell phone industry by storm. Listed below are the initial cost estimates for the materials and labor for one of the phones: The estimating department currently defines estimate accuracy as follows:

3. (TCO C) Work Breakdown Structure WBS Eurocash has decided to develop a mutual fund comprised almost entirely of East European companies with a high growth potential. The design process consists of product design, service design, internal review and authorization, and SEC registration (assuming a U.S. market).

4. (TCO A) Budgeting processes and techniques A company builds custom yachts for the high-end boating market. Each new order is assigned to a project team which starts by making an estimate to the customer before a contract is signed.

1. (TCO C) Schedule Crashing Using the network below and the additional information provided, find:

2. (TCO E) Responsibility Allocation Matrix Projects often cross many functional boundaries with team members reporting to different functional managers. This cross functional aspect can create problems with roles and responsibilities. You decide to use a Responsibility Assignment Matrix (RAM) to help with this situation.

3. (TCO E) Resource Allocation/Leveling The following data were obtained from a project to design a new software package: The software manufacturer has only the above personnel available for the project. Additional personnel can be hired from an agency at an 80% cost premium if needed.

1. (TCO G) Estimate At Completion forecast (EAC) A project has been estimated to take eight weeks and cost $65,000. The critical path is A - D. Cost and earned value data are provided below:

2. (TCO D) PMIS and cost accounting An Earned Value system can be a very effective way to monitor projects. However, Earned Value Analysis requires a Project Cost Accounting System (PCAS).

3. (TCO F) Earned Value The following data were obtained from a project to design a new software package:

PROJ 592 Final Exam 1 1. (TCO B) Estimating Procedures 2. (TCO B) Contingency Allowance: You are a project manager for the development of Motorola's new 4G, HD, Touch Screen Cell Phone which is supposed to take the cell phone industry by storm. Lis
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