Questionsexercises

3.1 Identify additional elements you might add to a project plan. Explain why.

3.2 Compare the work breakdown structure (WBS) in Figure 3.1 with the project structure in Figure 1.2. Should the latter be more or less the same as the former? Why?

3.3 Cite three features of the PERT approach that are not present for Gantt charting. When and why are these features significant?

3.4 Calculate the fully loaded hourly rate for each of the four labor categories in Table 3.4. What is the average hourly rate for the entire project?

3.5 From Table 3.5, enter the person-week and cost expenditures for each week into a spreadsheet and print out graphs showing:

a. expenditures each week b. cumulative expenditures by week

3.6 Identify and discuss three areas of significant cost risk. What might be done to mitigate these risks? Do the same for schedule risk.

3.7 Cite and discuss three suggestions for writing an outstanding proposal.

3.8 Define a numerical approach to evaluating a proposal. Show by example how a given proposal might receive a set of evaluation scores. See if you are able to compare your approach to that taken by a government agency on a real procurement.

Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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