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PM0011 – PROJECT PLANNING AND SCHEDULING

PM0011 – PROJECT PLANNING AND SCHEDULING

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PM0011 – PROJECT PLANNING AND SCHEDULING
PM0011 – PROJECT PLANNING AND SCHEDULING

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kvsude@gmail.com +91 9995105420
 http://smumbaassignment.com 
Since 2005…
 
Summer 2013MASTER OF BUSINESS ADMINISTRATION (MBA)SEMESTER 3 - PROJECT MANAGEMENTPM0011
 – 
PROJECT PLANNING AND SCHEDULING
 – 
4 CREDITSASSIGNMENT- 60 MARKSQ1. The PMBOK Guide addresses four elements related to scope. List and explain them.
Answer:-The scope is the most important element to understand about any project. All planningand allocation of resources are anchored to this understanding. Scope creep is a significant risk insoftware development projects. We discuss why this is so, and how to avoid or at least mitigatethe risk. New software is usually developed as a result of a customer identifying a need. The nextstep is to specify how the software will meet that need; specifically, what functionality will bedeveloped. The scope and budget are set, the team knows what they're delivering, and everyoneis ready to begin. The Project Management Institute Project Management Body of Knowledge(PMBOK) defines product scope as the features and functions that are to be included in a productor service. It defines project scope as the work that must be done to deliver a product with thespecified features and functions. Project scope management is defined as the processes requiredto ensure that the project includes all the work required, and only the work required, to completethe project successfully.
The PMBOK Guide addresses four elements related to scope:Scope:
Scope is the summation of all deliverables required as part of the project. This includesall products, services and results.
Project Scope:
This is the work that must be completed to achieve the final scope of the project, namely the products, services and end results.
Scope Statement:
This is a document that provides the basis for making future decisions such as scope changes.The intended use of the document is to make sure that all stakeholders have a commonknowledge of the project scope. Included in the document are the objectives, description of thedeliverables, end result or project, and justification of the project. The scope statement addressesseven questions who, what, when, why, where, how and how money. This document validatesthe project scope against the statement of work provided by the customer.
Statement of Work:
The statement of work (SOW) is a narrative description of the work required for the project. Thecomplexity of the SOW is determined by the desires of top management, the customer, and / or user groups. A statement of work describes the actual work that is going to be performed on the project which, when combined with specifications, usually from the basis for a contractual
 
kvsude@gmail.com +91 9995105420
 http://smumbaassignment.com 
Since 2005…
 
agreement on the project. As a derivative of the WBS, the statement of work (sometimes calledscope of work) describes what is going to be accomplished, a description of the tasks, and thedeliverable end products that will be produced, such as hardware, software, tests, documentationand training. The statement of work also includes reference to specifications, directives or standards, that is, the guidance to be followed in the project work. The statement of work includes input required from other tasks involving the project and a key element of the customer 
„s request for proposal there can be misinterpretation of the statement of work which can affect
the results of the project adversary.
Common causes of misinterpretation are:
 
Mixing tasks, specifications, approvals, and special instructions.
 
Using imprecise language (“nearly, “optimum”, “approximately” etc.”).
 
 
 No pattern, structure or chorological order.
 
Wide variation in size of tasks.
 
Wide variation in how to describe details of the work.
 
Failing to get third party review.Misinterpretations of the statement of work can and will occur no matter, how careful everyonehas been, the result is creeping scope. Which is likely to upset costs and schedules? The best wayto control creeping scope is with a good definition of requirements up front.
Integration:
The project control process is built on the concepts of integrating data related to scope, performing organization, and cost and of producing performance metrics by assimilating andevaluating all information on a common basis. It is the responsibility of the project manager tointegrate the efforts of the assigned human resources, the variety of equipment supplies, andmaterials and the technologies to produce the project deliverables on schedule within the budget.
The amount of integration a project requires is a function of several factors:
 
The number of components. The more components there are to a project, the more effortthat needs to be spent on integration. The team components refers to physical parts or systems, to different functional contributions (e.g. marketing, finance, production), aswell as to different vested interests of stakeholders (e.g. environmental impact, economicdevelopment, technology transfer).
 
The degree to which the projects components are different from each other.
 
These differences may be differences in functional specialization. For example, marking, production and financial components of a commercial project on the differences mayoriginate from the different technologies used in producing the different components or sub systems of a physical product.
 
kvsude@gmail.com +91 9995105420
 http://smumbaassignment.com 
Since 2005…
 
Business need for a Scope change:
The must be valid business purpose for a scope change. This includes the following factors at aminimum:
 
An assessment of the customer’s needs and the added value that the scope charge will
 provide.
 
An assessment of the market needs including the time required to make the scope change,the payback period, return on investment, and whether the final product selling price will be overpriced for the market.
 
An assessment on the impact on the length of the product life cycle.
 
An assessment on the competitions ability to initiate the scope change.
 
Is there a product liability associate with the scope change and can it impact over image?
Q2. Write short notes of PERT
Answer:-
 
A project management tool that provides a graphical representation of a project'stimeline. PERT, or Program Evaluation Review Technique,
Q3. Explain the various planning processes which are part of the risk managementknowledge area.
Answer:- As a PMP I often get questions about what goes into running a project.
Q4. What is an expert system? Explain different parts involved in an expert system.
Answer:- Expert systems encode human expertise in limited domains by representing it
Q5. Explain four different types of predecessor and the reasons why one task may bedependent on another.
Answer: - The Predecessor dialog enables you to designate one or more phases or tasks that havea dependency relationship with the current phase or task. Supported predecessor types are:
Q6. What is delay analysis and explain its methodology?
Answer:- Delays are a feature of many construction projects, and frequently

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