Organizational & Work Breakdown Structure Questions Answer attached questions in word document. If any more information is needed, please let me know. PROJ

Organizational & Work Breakdown Structure Questions Answer attached questions in word document. If any more information is needed, please let me know. PROJECT PLANNING & CONTROL
1. You are part of a “murder board” (an ad hoc review team) organized by your
company to review your company’s response to an RFP. What is the most
important thing you should check for? Why? (3 pts)
2. Give at least five characteristics of a well-written Statement of Work (SOW),
and briefly explain the importance of each. (5 pts)
3. Briefly discuss the 3 most common types of organizational structures.
Discuss the pro’s and con’s of each and when each type would be most ideal
for an organization. (6 pts)
4. You are a project manager and your staff has prepared a Work Breakdown
Structure (WBS) for your review. Name and discuss at least three important
things that you should check for in reviewing this WBS. (4 pts)
5. Briefly discuss the importance of the work authorization document to the
planning and control process. When should it be completed? (3 pts)
6. The forward and backward passes are used to calculate five parameters for
each activity in a CPM network. List these parameters and give a definition for
each. (4 pts)
7. Give at least three planning/control items for which it would be useful to
have notation that permits direct traceability to a Work Breakdown Structure
(WBS) element? Why? (4 pts)
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8. You have received the following information on your project: (11 pts)
ACWP = 50
BCWP = 60 BCWS = 55 BAC = 100 EAC = 95
• What is your Variance at Completion?
• What is your Cost Variance?
• What is your Schedule Variance?
• What is the Cost Performance Index?
• What is the Schedule Performance Index?
• What is the To Complete Performance Index?
• Are any of these three indexes adverse or questionable? If so, how might
this be explained?
9. Give at least two reasons why preparing a Responsibility Matrix, which is
derived using the Work Breakdown Structure as a basis, is an important
planning and control function for a project manager. (In other words, why is it
useful? What does it do for you?) (3 pts)
10. What is significant about the difference between Budgeted Cost of Work
Performed and Actual Cost of Work Performed (i.e., BCWP – ACWP)? How is it
different than Budget vs. Actuals? (4 pts)
11. At a time midway in the project, what are the anticipated sources of error in
BCWP – BCWS; i.e., an error that might make this calculation misleading
when assessing project status? (3 pts)
12. With respect to a CPM network, answer the following: (8 pts)
(1) What are the activities in the network for which Earliest Start Time equals
Latest Start Time?
(2) Within a CPM network, can there be more than one critical path branch in
the network? Why?
(3) What would be the effect of scheduling all activities to start on their Latest
Start date?
(4) If you use the WBS items as activities, what additional information is
required before you can construct a CPM network?
(5) Which of the following items is not included in the calculations for a CPM
network?
Earliest Start, Critical Path, Manpower Loading, Project Finish Date.
13. For each parameter below, check the appropriate column to indicate its
source. Except for the last parameter, assume the reference is to values
approximately midway through a project. (6 pts)
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Item
Estimates
Only
Actuals
Only
Estimates
& Actuals
BAC (Budget at Completion)
ACWP (Actual Cost of Work
Performed)
BCWS (Budgeted Cost of Work
Scheduled)
[Project’s] EAC (Estimate at
Completion)
BCWP (Budgeted Cost of Work
Performed) [the $ value itself]
[Project’s] ETC (Estimate to
Complete)
VAC (Variance at Completion)
14.
You are managing an eight-month project with a BAC of $100K. On Friday
afternoon, at the end of the fourth month (half way through the project), your EVM
system provides the following values:
BCWS=$50K
BCWP = $55k
ACWP = $75k
Your boss asks you to present the EAC at the Monday morning status meeting.
You have been an attentive project manager and you have been especially
pleased that the BCWP has been tracking quite well to the BCWS. Below are
listed three possible answers one might provide as the EAC.
For each possible answer, first list any assumptions necessary and then provide
the rationale and analysis, which would justify or explain it.
$100k:
$125k:
$150k:
Having done the analysis and considered the explanations for each of these
answers, which answer would you be most comfortable presenting to your
boss? Why? (12 pts)
15. You have been assigned a new project and have been asked to develop the
network diagram. The dependencies and task durations are as follows: (12
pts)
• Task A can start immediately and is estimated to have a duration of 20
weeks
• Task B can start after Task A and has a duration of 9 weeks.
• Task C can start after Task B and has a duration of 10 weeks.
• Task D can start after Task A and has a duration of 25 weeks.
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•
•
•
Task E can start after Task C and after Task D and has a duration of 12
weeks.
Task F can start after Task D and after Task E and has a duration of 2
weeks.
Task G can start after Task E and after Task F and has a duration of 4
weeks.
Using the information above, answer the following questions:
1. What is the path and duration of the critical path?
2. What is the slack of Task C?
3. What is the slack of task F?
4. If resources are taken from Task C to speed up task D resulting in 4
weeks being added to Task C and a 2 week reduction to Task D,
what is the new critical path and duration? How will this affect you as
the project manager?
16. From the diagram on the following page, match the letter to the
corresponding term: (12 pts)
Terminology
Management Reserve
Schedule Variance
Budget at Completion
Contract Budget Base/Contract Target Cost
Budgeted Cost of Work Scheduled
Schedule Slip
Variance at Completion
Estimate at Completion
Actual Cost of Work Performed
Estimate to Complete
Cost Variance
Program Overrun
Time Now
Budgeted Cost of Work Performed
Forecasted Program Schedule Slip
Estimated Completion Date
Letter
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