INF 337 Massive Success / snaptutorial.com

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INF 337 Massive Success / snaptutorial.com
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INF 337 Massive Success / snaptutorial.com
INF 337 Week 1 DQ 1 Importance of Cost
Management For more classes visit www.snaptutori
al.com   Importance of Cost Management. The
entire content of this course is to understand
and be aware of costs and value in a project.
Express one particular cost issue that you have
seen as a project manager or team member that
affected the project either positively or
negatively. Clearly identify what was done to
rectify the issue and describe the impact to the
project. Respond to at least two of your
classmates postings..
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INF 337 Massive Success / snaptutorial.com
INF 337 Week 1 DQ 1 Importance of Cost
Management For more classes visit www.snaptutori
al.com   Importance of Cost Management. The
entire content of this course is to understand
and be aware of costs and value in a project.
Express one particular cost issue that you have
seen as a project manager or team member that
affected the project either positively or
negatively. Clearly identify what was done to
rectify the issue and describe the impact to the
project. Respond to at least two of your
classmates postings..
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INF 337 Massive Success / snaptutorial.com
INF 337 Week 1 Quiz For more classes
visit www.snaptutorial.com   1.The creation of a
WBS can be done by the top down approach or
bottoms up approach   2. Because they consume
resources, costs are often reported at which
level of the WBS?
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INF 337 Massive Success / snaptutorial.com
INF 337 Week 1 Work Breakdown Structure For
more classes visit www.snaptutorial.com   Work
Breakdown Structure. See page 33 of the text for
a graphic example of a work breakdown structure
(WBS) hierarchy. Create a three level
product-based WBS from a project you have managed
or have experience with as a team member and
present a graphic representation of your WBS
hierarchy. A description of the following
components and how each relates to the WBS must
be included
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INF 337 Massive Success / snaptutorial.com
 INF 337 Week 2 DQ 1 Problems with Cost
Estimation For more classes visit www.snaptutori
al.com   Problems with Cost Estimation. The text
provides five specific areas or reasons that cost
estimation seems to occur. Describe a project
that you have been involved with where at least
one of these factors occurred. How would you
improve the cost estimation method with the
knowledge you have gained in the reading this
week? Respond to at least two of your classmates
postings.
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INF 337 Massive Success / snaptutorial.com
INF 337 Week 2 DQ 2 Cost Baseline and Time Phased
Budgets For more classes visit www.snaptutorial.
com   Cost Baseline and Time Phased Budgets. The
ability to plan an effective budget is critical
to the understanding of planned and actual costs
in a project. The only way to understand both
schedule performance and the accuracy of the
budget is to create a baseline. Use your text
reading and the ProQuest article by Marcia Jedd
to describe the linkage of a time phased approach
to budgeting and the importance of a
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INF 337 Massive Success / snaptutorial.com
INF 337 Week 2 Quiz For more classes
visit www.snaptutorial.com   1. Tops down
budgeting utilize the judgment and experience of
a top management team  
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INF 337 Massive Success / snaptutorial.com
INF 337 Week 3 DQ 1 Earned Value Fundamentals
For more classes visit www.snaptutorial.com   Ear
ned Value Fundamentals. Describe the linkages of
the work breakdown structure and the time-phased
budget to arrive at an earned value analysis.
What is the impact on earned value if the cost
estimation is significantly lower because of low
estimates or specification changes in the
project? Provide examples of projects you have
been involved with or read about that may have
had this problem. Respond to at least two of your
classmates postings.
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INF 337 Massive Success / snaptutorial.com
INF 337 Week 3 Problems For more classes
visit www.snaptutorial.com   Earned Value
Problems. Of the three problems below, choose and
solve one problem. Show your work. Along with
your answer define each term and explain the
significance (meaning) of the solution. 1.
During a project, Earned Value Analysis is
performed and gives the following numbers EV
523,000 PV 623,000 AC 643,000.
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INF 337 Massive Success / snaptutorial.com
INF 337 Week 3 Quiz For more classes
visit www.snaptutorial.com   1. Project
evaluation and control measures project progress
and performance against a project plan to ensure
that the project is completed on time, within
budget and  2. The 0/100 rule can have an
activity that is 50 complete.  3. The 50/50 rule
is used for packages with a very short duration.
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INF 337 Massive Success / snaptutorial.com
INF 337 Week 4 DQ 1 Concept of Value For more
classes visit www.snaptutorial.com   Concept of
Value. Read the Forbes article, Why Value
Propositions Are Important (And How to Create
Them). Based on the content presented in the
article, describe a project that you have been
involved with, or read about in a business
article, that had a clear value proposition for
the strategic goals of the organization. What
specific items provided the value to the
organization, and how was it measured? Comment on
additional value that you think could
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INF 337 Massive Success / snaptutorial.com
INF 337 Week 4 Quiz For more classes
visit www.snaptutorial.com   1. A key factor when
making decisions about risk is probability   2.
Which of these attributes is part of the group
positive human dynamics?
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INF 337 Massive Success / snaptutorial.com
INF 337 Week 5 DQ 1 Causes of Change For more
classes visit www.snaptutorial.com   Causes of
Change. Choose any four causes of change within
a project in table 9.1 in the text. Provide a
project example and scenario, and describe the
impact of each change. Was there a level of
change control in the project examples that
tracked ownership, documentation and approval of
these changes? Respond to at least two of your
classmates postings.
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INF 337 Massive Success / snaptutorial.com
INF 337 Week 5 DQ 2 Change Control System For
more classes visit www.snaptutorial.com   Change
Control System. The identification of all changes
to a project is only the first step for ensuring
a control system is in place. Describe the
detailed steps you would implement for your
project to ensure an entire change control
process is in place. Consider the following
topics in your answer documentation, analysis,
approval and implementation. Why is the baseline
configuration important to this topic? Respond to
at least two of your classmates postings.
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INF 337 Massive Success / snaptutorial.com