Project Management Assignment # 1

University of Engineering and Technology, Peshawar, Pakistan

ASSIGNMENT#1
Submitted To: Madam Ayesha

Submitted By:

Fazle Hanan Shaida (14PWBCS0432)

Kamran Aqeel (14PWBCS0430)
Muhammad Zahoor (14PWBCS0431)
Sec: A
Semester: 6th (Spring 2017)
Subject: Project Management
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Q.1 Describe a project whose life cycle would be a straight line from start to
finish.

Answer: A project whose lifecycle would be straight line is a deterministic project

with irreversible stages. This means that while you are progressing in the lifecycle
model, there is no going back, no feedback loop.

For example, baking a cake could be regarded as a project whose lifecycle is a

straight line.

An example might be going through the training process to get a pilots certificate.
If the student follows a prescribed syllabus, there is very little planning required.

If the students schedule allows, he or she will spend about the same number of
hours per week studying and flying from the beginning until they take their check
ride.

Q.2 Explain Projects proceed smoothly until 90 percent complete, and then
remain at 90 percent forever.
Answer: Lifecycles tend to resist termination. In many cases, the work needed to
closeout a project can be tedious and unrewarding particularly those picky issues
that have been allowed to let slide.

Moreover, as people begin leaving the projects, the remaining team members may
become more interested in landing the next assignment than in completing the last
steps of the current project. An equally damaging possibility is that the remaining
people dont know what their next job is so they drag out this one.

Question 3: How might project management be used when doing a major

schoolwork assignment?
Answer: It depends on what characteristics are embedded in the idea of major. It
goes without saying that a student has limited resources and is working to a
deadline, so these characteristics are a given. If major also means unique (at least
to the student) and complicated because there are many tasks with
interdependencies, then project management could be very useful. If major just
means big, for example, 30 problems out of the back of the book this week instead
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of 20, but the nature of the assignment is otherwise routine, then project
management wouldnt be useful.

Q4. Use a weighted score model to choose between three methods (A,B,C) of
financing the acquisition of a major competitor . The relative weights for each
criterion are shown in the following table as are the scores for each location
on each criterion. A score of 1 represents unfavorable, 2 satisfactory and 3
favorable.

Method

Category weight A B C

Consulting cost 20 1 2 3

Acquisition 20 2 3 1
time

Disruption 10 2 1 3

Cultural 10 3 3 2
differences

Skill 10 2 1 1
redundancies

Implementation 25 1 2 3
Risk

Infrastructure 10 2 2 2
Project Management Assignment # 1
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a. What would your recommendation be if the weight for the
implementation risks went down to 10 and the weight of the cultural
differences went up to 25.
b. The vice president of finance has looked at your original scoring model
and feels that tax considerations should be included in the model with a
weight of 15. In addition, the VP has scored the methods on tax
considerations as follows: method A received a score 3, method B
received 2, and method C received 1. How would this additional
information affect your recommendation?

Answer:

Method Options
Grade Score
Category Weight A B C A B C
Consulting costs 20 1 2 3 20 40 60
Acquisition time 20 2 3 1 40 60 20
Disruption 10 2 1 3 20 10 30
Cultural differences 25 3 3 2 75 75 50
Skill redundencies 10 2 1 1 20 10 10
Implementation risks 10 1 2 3 10 20 30
Infrastructure 10 2 2 2 20 20 20
Total Score 205 235 220

a) Implementation risks = 10 and cultural differences = 25

Due to the changes in weights for implementation risks and cultural differences,
method B is now the best option.

b) Using the initial values from problem 6, make the changes so that Method A
implementation risks = 3 and Method C cultural differences = 2.
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Method Options
Grade Score
Category Weight A B C A B C
Consulting costs 20 1 2 3 20 40 60
Acquisition time 20 2 3 1 40 60 20
Disruption 10 2 1 3 20 10 30
Cultural differences 10 3 3 2 30 30 20
Skill redundencies 10 2 1 1 20 10 10
Implementation risks 25 3 2 3 75 50 75
Infrastructure 10 2 2 2 20 20 20
Total Score 225 220 235

The change in As implementation risks grade was not sufficient to replace

Method C as the best option. The grade for cultural differences at Method C had
already been set to 2 in the initial evaluation of the problem.

c) Using the initial values from problem 6, insert Tax considerations = 15 and
A = 3, B = 2, and C = 1.
Method Options
Grade Score
Category Weight A B C A B C
Consulting costs 20 1 2 3 20 40 60
Acquisition time 20 2 3 1 40 60 20
Disruption 10 2 1 3 20 10 30
Cultural differences 10 3 3 2 30 30 20
Skill redundencies 10 2 1 1 20 10 10
Implementation risks 25 1 2 3 25 50 75
Infrastructure 10 2 2 2 20 20 20
Tax considerations 15 3 2 1 45 30 15
Total Score 220 250 250

Due to the insertion of tax considerations, Methods B and C are now the best
options.