Project closing 5
Mike was hired as a project manager to install hardwood floors for the company Awesome Floor and Tile. They will be installing new flooring into a local office building. Mike comes up with the list of work and estimates the time. A list of activities and their optimistic completion time, the most likely completion time, and the pessimistic completion time (all in days) are estimated in a given table. Following are the activities that are required to install the hardwood floor in the offices:
Activity 1: Measure office room dimensions
Activity 2: Estimate cost
Activity 3: Material requisition
Activity 4: Workforce requisition
Activity 5: Special tool requisition
Activity 6: Installation
Activity 7: Inspection and customer acceptance
Activity 2 starts immediately after Activity 1.
Activity 3, Activity 4, and Activity 5 start concurrently after Activity 2.
Activity 6 does not start until after Activity 3, Activity 4, and Activity 5 are completed.
The carpet installation project is complete after Activity 7 is completed.
Your assignment is to write a report that addresses the following:
If OT = Optimistic Time, MT = Most Likely Time, and PT = Pessimistic Time, use a Program Evaluation Review Estimate (PERT) to compute the statistical time for each activity, as in the following table:
Activities
OT
MT
PT
Activity 1
2
3
4
Activity 2
3
6
9
Activity 3
4
8
12
Activity 4
6
8
10
Activity 5
8
10
12
Activity 6
10
14
18
Activity 7
4
6
8
You must also do the following:
Determine and explain the expected completion time and the variance for each activity.
Determine and explain the total project completion time and the critical path for the project.
Determine and explain Early Start (ES), Early Finish (EF), Late Start (LS), and slack for each activity.
What is the probability that this project will be finished in 40 days or less? Explain.
Define how to gather the project requirements.
Analyzewhether there are any potential changes that could impact overall project schedule and project finishing time.
Explain the best methodsfor managing the change requests and what kind of process this project should involve.
Analyze implications of changes in project scheduling.
Explain the best methodsformanaging the change requests and what kind of process this project should involve.
Evaluate applications of project management techniques in terms of the firms business operational goals and requirements.
Please submit your assignment in an APA-formatted paper, using the attached template.
Running head: Project Type: Unit 3 Individual Project 1
Type your Name Here
American Intercontinental University
MGMT412 Project Management
Date of Submission
Running head: Project Type: Unit 3 Individual Project 2
Unit 3 Individual Project
Provide a brief introduction (2-3 sentences) for the purposes of previewing what will be
covered. Remember to always indent the first line of a paragraph (use the tab key). The margins,
font size, spacing, and font type (italics or plain) are set in APA format. While you may change
the names of the headings and subheadings, do not change the font or style of font.
(Delete the information provided in the instructions.)
Project Stakeholders
Describe who the project stakeholders are and how they will be involved in the project.
Who should be the project sponsor and why? What skills and experience are likely needed by
the project manager for each phase in the project life cycle, and how do these skills and
experiences differ between the various phases? Discuss at least 4-5 different kinds of
stakeholders and the roles and responsibilities for each of the different stakeholders.
This should be 1-2 paragraphs in length. (Delete the information provided in the instructions.)
Communication Plan
How should the project manager communicate to the different stakeholders? What
information should be shared and what mechanism could be used for each type of information?
What is the frequency with which information should be shared? What should be done if
project communications are not proving to be effective? What technology could be used for
project communications? At what point could communication about the project become an
ethical or legal issue?
This should be 1-2 paragraphs in length. (Delete the information provided in the instructions.)
Project Risks
Running head: Project Type: Unit 3 Individual Project 3
What are the best ways to manage project risks as well as opportunities during project
execution? How are old risks updated and analyzed while undertaking the project? What
business opportunity might project completion create? What is the financial impact of the
project and the expected results of the project? What value will the project add? What is the
potential impact to the company if the project is not completed successfully?
This should be 1-2 paragraphs in length. (Delete the information provided in the instructions.)
Conclusion
Add some concluding remarks-can be a sentence or two.
This should be 1-2 sentences. (Delete the information provided in the instructions.)
Running head: Project Type: Unit 3 Individual Project 4
References
NOTE: The reference list starts on a new page after your conclusion.
(Delete these references and include ONLY those that you actually used for your paper.)
eBook – AIU Course Textbook
Author, A. A. (Year). Title of book in italics. City, State Abbreviation: Publisher Name.
Retrieved from http://wow.coursesmart.com/
M.U.S.E. Materials
American InterContinental University. (Year). Unit title: Presentation title [Multimedia
presentation]. Retrieved from American InterContinental University Virtual Campus,
Course Code-Session Number-Section Number: https://mycampus.aiu-online.com/
intellipath
American InterContinental University. (Year). Unit title: Presentation title [intellipath].
Retrieved from American InterContinental University Virtual Campus, Course
Code-Session Number-Section Number: https://mycampus.aiu-online.com/
Journal Article Retrieved from Library Database with DOI
Author last name, A. A. (Year). Title or article. Title of Journal in Italics, Volume Number
in Italics (Issue Number if Available), Pages. doi:
Journal Article Retrieved from Library Database No DOI
Author last name, A. A. (Year). Title or article. Title of Journal in Italics, Volume Number
in Italics (Issue Number if Available), Pages. Retrieved from URL of journal homepage
Journal Article Retrieved from Web
Author last name, A. A. (Year). Title or article. Title of Journal in Italics, Volume Number
in Italics (Issue Number if Available), Pages. Retrieved from URL
http://wow.coursesmart.com/
Running head: Project Type: Unit 3 Individual Project 5
Website Article Author Listed
Author last name, A. A. (Year, Month Day). Title of article. Title of Website in Italics. Retrieved
from URL
Website Article No Author Listed
Title or article. (Year). Title of Website in Italics. Retrieved from URL Running head: Project Type: Unit 3 Individual Project 1
Type your Name Here
American Intercontinental University
MGMT412 Project Management
Date of Submission
Running head: Project Type: Unit 3 Individual Project 2
Unit 3 Individual Project
Provide a brief introduction (2-3 sentences) for the purposes of previewing what will be
covered. Remember to always indent the first line of a paragraph (use the tab key). The margins,
font size, spacing, and font type (italics or plain) are set in APA format. While you may change
the names of the headings and subheadings, do not change the font or style of font.
(Delete the information provided in the instructions.)
Project Stakeholders
Describe who the project stakeholders are and how they will be involved in the project.
Who should be the project sponsor and why? What skills and experience are likely needed by
the project manager for each phase in the project life cycle, and how do these skills and
experiences differ between the various phases? Discuss at least 4-5 different kinds of
stakeholders and the roles and responsibilities for each of the different stakeholders.
This should be 1-2 paragraphs in length. (Delete the information provided in the instructions.)
Communication Plan
How should the project manager communicate to the different stakeholders? What
information should be shared and what mechanism could be used for each type of information?
What is the frequency with which information should be shared? What should be done if
project communications are not proving to be effective? What technology could be used for
project communications? At what point could communication about the project become an
ethical or legal issue?
This should be 1-2 paragraphs in length. (Delete the information provided in the instructions.)
Project Risks
Running head: Project Type: Unit 3 Individual Project 3
What are the best ways to manage project risks as well as opportunities during project
execution? How are old risks updated and analyzed while undertaking the project? What
business opportunity might project completion create? What is the financial impact of the
project and the expected results of the project? What value will the project add? What is the
potential impact to the company if the project is not completed successfully?
This should be 1-2 paragraphs in length. (Delete the information provided in the instructions.)
Conclusion
Add some concluding remarks-can be a sentence or two.
This should be 1-2 sentences. (Delete the information provided in the instructions.)
Running head: Project Type: Unit 3 Individual Project 4
References
NOTE: The reference list starts on a new page after your conclusion.
(Delete these references and include ONLY those that you actually used for your paper.)
eBook – AIU Course Textbook
Author, A. A. (Year). Title of book in italics. City, State Abbreviation: Publisher Name.
Retrieved from http://wow.coursesmart.com/
M.U.S.E. Materials
American InterContinental University. (Year). Unit title: Presentation title [Multimedia
presentation]. Retrieved from American InterContinental University Virtual Campus,
Course Code-Session Number-Section Number: https://mycampus.aiu-online.com/
intellipath
American InterContinental University. (Year). Unit title: Presentation title [intellipath].
Retrieved from American InterContinental University Virtual Campus, Course
Code-Session Number-Section Number: https://mycampus.aiu-online.com/
Journal Article Retrieved from Library Database with DOI
Author last name, A. A. (Year). Title or article. Title of Journal in Italics, Volume Number
in Italics (Issue Number if Available), Pages. doi:
Journal Article Retrieved from Library Database No DOI
Author last name, A. A. (Year). Title or article. Title of Journal in Italics, Volume Number
in Italics (Issue Number if Available), Pages. Retrieved from URL of journal homepage
Journal Article Retrieved from Web
Author last name, A. A. (Year). Title or article. Title of Journal in Italics, Volume Number
in Italics (Issue Number if Available), Pages. Retrieved from URL
http://wow.coursesmart.com/
Running head: Project Type: Unit 3 Individual Project 5
Website Article Author Listed
Author last name, A. A. (Year, Month Day). Title of article. Title of Website in Italics. Retrieved
from URL
Website Article No Author Listed
Title or article. (Year). Title of Website in Italics. Retrieved from URL
