Question: 1 (Chapter 11, Exercise-4, Page no : 461)

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Question: 1 (Chapter 11, Exercise-4, Page no : 461) Powered By Docstoc
					       Question: 1 (Chapter 8, Exercise-2, Page no: 330)


       Create a Pareto diagram based on the information in the table below. First, create a
       spreadsheet in Excel, using the data in the table below. First, create a spreadsheet in
       Excel, using the data in the table below. List the most frequent customer problem
       first. Add a column called “Cumulative%.” Then enter formulas to calculate those
       items. Next, use the excel chart wizard to create a Pareto diagram based on the data.
       Use the line- Column on 2 Axis custom type chart so your resulting chart looks
       similar to the one in figure 8-1.


        Customer Complaints                                              Frequency / Week
        Service rep cannot answer customer's questions                                120
        Customer is on hold too long                                                   90
        Service rep does not follow through as promised                                40
        Customer gets transferred to wrong area or cut off                             20




       Answer:


       Pareto analysis identifies the vital few contributors that account for quality problems
       in a system, which is referred as 80-20 rule. It indicates that 80% of the problems are
       always due to 20% of the causes.
       This rule has always been of interest, whether working in code or doing analysis such
       as, in the customer services field there is some individuals with unique circumstances
       who bring complexity and challenge to the business rules and code. This Project
       Management Exercise nicely demonstrates this rule.



                                                                        Customer
                                                                        Complaints

                                                          Frequency /
                                                               Week       % of Total Complaints   Cumulative %
Service rep cannot answer customer's questions                   120                        44%           44%
Customer is on hold too long                                      90                        33%           78%




       Prince Sharif                                 1                                11384184
Service rep does not follow through as promised                     40                    15%     93%
Customer gets transferred to wrong area or cut
off                                                                 20                      7%    100%
                                                  Total             270                  100%



        Customer Complaints Histogram

                                              Customer Complaints

                                    50%                                       120%
                                    45%
            % of total complaints




                                    40%                                       100%
                                    35%                                       80%
                                    30%
                                                                                        Series2
                                    25%                                       60%
                                                                                        Series1
                                    20%
                                    15%                                       40%
                                    10%                                       20%
                                     5%
                                     0%                                       0%
                                          1   2                 3         4
                                                  Cumulative%




       Question: 2 (Chapter 9, Exercise-1, Page no: 380)


       Your company is planning to launch an important new project starting January 1,
       which will last one year. You estimate that you will need one full-time project
       manager, two full-time business analysts for the first six months, two full-time senior
       programmers for the whole year, four full time junior programmers for the months of
       July, August, and September, and one full-time technical writer for the last three
       months. Use Microsoft Excel to create a stacked column chart showing a resource
       histogram for this project, similar to the one shown in Figure 9-6. Be sure to include a
       legend to label the types of resources needed. Use appropriate titles and axis labels.


       Answer: See Attachment chapter 9, exercise 1


       Or




       Prince Sharif                                       2                         11384184
Types of
resources     Jan                      Feb       Mar       Apr        May       Jun       Jul        Aug       Sep       Oct       Nov       Dec
Project
Manager                1                     1         1         1          1         1          1         1         1         1         1         1
Business
Analyst                2                     2         2         2          2         2
Senior
Programmers            2                     2         2         2          2         2          2         2         2         2         2         2
Junior
Programmers                                                                                      4         4         4
Technical
Writer                                                                                                                         1         1         1




                                                                       Histogram

                                       100%
                    Number of People




                                        80%
                                        60%
                                        40%
                                        20%
                                         0%
                                                 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

                                         Project Manager             Business Analyst           Senior Programmers
                                         Junior Programmers          Technical Writer




              Question: 3 (Chapter 10, Exercise-1, Page no: 419)
              Create a stakeholder analysis for project communications. Assume your organization
              has a project to determine employees’ training needs and then provide in house and
              external sources for courses in developing communications skills for employees.
              Stakeholders could be various levels and types of employees, suppliers, the human
              resources department in charge of the project, and so on. Determine specific
              stakeholders for the project. List at least one type of project communication for each
              stakeholders and the format for disseminating information to each. Use table 10-1 as
              an example.




              Prince Sharif                                                      3                                        11384184
Answer:
By using example 10-1 table provides stakeholders basic communication analysis,
where shows which stakeholders should get which written communications. Generally
it contains the information such as the contact person, when the information is due
and what is the particular format for the information needed. Below it has been shown
basic stakeholder analysis is based on the selected project for training needs.




Stakeholders
Document Name
Document Format
Contact Person
Due


General Manager
Basic user manual
Hard copy
Project manager
30 October, 2007


IT Manager
IT setup manual
Hard copy and soft copy
Project manager
30 October, 2007


IT Manager
Software manual
Hard copy and soft copy
System Manager
1st November, 2007




Prince Sharif                               4                                     11384184
Project manager
Mail server setup manual
Hard copy and soft copy
Project manager
1st November, 2007


Other stakeholders
Basic user manual
Hard copy
Project manager
3rd November, 2007




The above analysis is based on the following points:




    The systems administrator is the project manager.


    A basic user manual contains new features, changes and instructions to use the
       new installed IT system.


    An IT setup document contains all the information like setup, configurations,
       software and so on about the new IT system.


    A software manual contains about the setup information of software.




Question: 4 (Chapter 10, Exercise-3, Page no: 420)


Question: How many different communications channels does a project team with six
people have? How many more communications channels would there be if the team
grew to ten people?




Prince Sharif                             5                                11384184
Answer:
According to the formula,
We know the number of communications channels = n (n-1)/2, [where n is the
number of people involved]. (Page: 398, Schwalbe 2004).
For six people in a project, there are 6* (6-1)/2 = 15 different communications
channels are available.
If the team grew to ten people, there are 10* (10-1)/2 = 45 different communications
channels are available.
That means (45-15) =30 more communications channels would be needed if the team
grew to ten people.


Reference:
Schwalbe, K 2004, Information technology project management, 4th Edition. (page
398 )




Question: 5 (Chapter 11, Exercise-4, Page no: 461)


Suppose your organization is deciding which of four projects to bid on. Information
on each is in the table below. Assume that all up-front investments are not recovered,
so they are shown as negative profits. Draw a diagram and calculate the EMV for
each project. Write a few paragraphs explaining which projects you would bid on. Be
sure to use the EMV information and your personal risk tolerance to justify your
answer.


          PROJECT                   CHANGE OF               ESTIMATED POINTS
                                    OUTCOME
Project 1                    50 percent                    $120,000
                             50 percent                    -$50,000
Project 2                    30 percent                    $100,000
                             40 percent                    $50,000



Prince Sharif                              6                                 11384184
                            30 percent       -$60,000
Project 3                   70 percent       $20,000
                            30 percent       -$5,000
Project 4                   30 percent       $40,000
                            30 percent       $30,000
                            20 percent       $20,000
                            20 percent       -$50,000




Answer:
Probability (P)*Outcome= EMV


Project 1
P=0.50*$120,000=$ 60,000
Decision
P=0.50*-$ 50,000=-$25,000


Project 2
P=0.30*$100,000=$30,000
P=0.40* $50,000=$20,000
Decision
P=0.30*-$60,000=-$18,000


Project 3
P=0.70*$20,000=$14,000
Decision
P=0.30*-$5,000=-$1500


Project 4
P=0.30 $40,000=$12,000
P=0.30 $30,000=$9,000
P=0.20 $20,000=$4,000
Decision



Prince Sharif                            7              11384184
P=0.20 -$50,000=-$10,000




Project 1’s EMV=$ 60,000-$25,000=$35,000
Project 2’s EMV=$30,000+$20,000-$18,000=$32,000
Project 3’s EMV=$14,000-$1500=$12500
Project 4’s EMV=$12,000+$9,000+$4,000-$10,000=$15,000




Based on the above diagram, I think project 1 I would bid on, because the EMV
provides an estimate for the total dollar value of a decision, I want to have a positive
number,     the    higher    the    EMV,       the   better    project    should    be.
If I just looked at the potential outcome of the 4 projects, project 2 looks more
appealing. It could earn $150,000 in profits from project 2, but it can only earn
$120,000 for project 1. However, there is only a 50 percent chance of getting that
$120,000 on project 1, and there is a 70 percent chance of earning $150,000 on
project 2. Therefore, using this EMV diagram, it can clearly help account for all
possible outcomes and their probabilities of occurrence therefore reducing the
tendency to pursue overly aggressive or conservative risk strategies.




Prince Sharif                              8                                 11384184
Read only conclusion if it doesn’t appear on blog site


Conclusion:

While websites are still a foundation of the Internet, it has never really enjoyed the
kind of popularity that blogs have recently gotten. Blogging makes me to become an
online publisher with its easy to use publishing platforms where there is no more
messing around with HTML coding, software problems or web design issues. It is
really easy to express myself and I also can connect myself with like-minded people.
In future it will be useful to use content management systems. I can easily establish
myself as an expert I my field of interest. Blogging also eventually lead to my blog
becoming an authority site, which will rank well in search engine. I can make
communities with this. It will expand my network of friends, business associates and
clients.




Prince Sharif                             9                                 11384184

				
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