Recent Question/Assignment

Question 1. [20 Marks]
Assume that you have the following decision-making options :
(1) make the decision on your own with available information,
(2) consult others before making a decision, and
(3) call a meeting and reach a consensus, seeking to arrive at a final decision everyone can agree on.
a) Research and find an example online of two difficult business decisions.
b) Write a paragraph in your own words to describe each decision (1/2 to 1 page total).
c) Write another paragraph for each decision to discuss which approach would you use to make the decision and why (1/2 to 1 page total).
Remember to indicate where your information came from.

Question 2. [20Marks]

a) On day 51 a project has an earned value of $650, an actual cost of $690, and a planned cost of $590. Compute the SV, CV, and CPI for the project. What is your assessment of the project on day 51?
b) Given the project network and baseline information below, complete the form to develop a status report for the project at the end of period 5 and the end of period 9.
c) From the data you have collected and computed for periods 5 and 9, what information are you prepared to tell the customer about the status of the project at the end of period 9?
Use the following information to help you to produce a report for period 5 and period 9
End of Period 5
Task Actual % Complete EV AC PV CV SV
A Finished 310 400
B 55% 1100 1000
C 39% 530 1100
D 0% 0
E 0%
Cumulative Totals
End of Period 9
Task Actual % Complete EV AC PV CV SV
A Finished 310 400
B Finished 2500 2400
C Finished 1700 1500
D 30% 400 400
E 39% 400 700
F 5% 0 0
Cumulative Totals
Clearly show or explain how you arrived at your answers (simply writing the answer alone is not enough). Make sure that you justify your opinions.