Q: Goldratt suggested that to avoid the student syndrome,” it is a
Goldratt suggested that to avoid the student syndrome,” it is a good idea to set the activity durations so short that there is a high probability that the task will not be finished on time. On the oth...
See AnswerQ: 1. Draw a Gantt chart for the construction phase of the
1. Draw a Gantt chart for the construction phase of the project. What is the completion date if construction starts in March? What is the completion date of the project if construction is started in N...
See AnswerQ: Describe as many types of resource allocation problems as you can,
Describe as many types of resource allocation problems as you can, based on the situations described in the chapter.
See AnswerQ: When making an estimate for the time and cost to execute a
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 actio...
See AnswerQ: Identify situations where each of the following control tools might be useful
Identify situations where each of the following control tools might be useful: earned value charts, benchmarking, critical ratios, control charts, variance analysis, trend projections.
See AnswerQ: Select a hypothetical project (e.g. designing and building
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 d...
See AnswerQ: Of all the rules for conducting meetings, the most difficult to
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...
See AnswerQ: If your project management software calculates earned value, or any other
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...
See AnswerQ: Logically, when using earned value data in the critical ratio formula
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?
See AnswerQ: The chapter includes an example of a firm where the PM dispensed
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...
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