NAME

SCORE

/100

%

P U R P O S E

I designed this final
assessment to evaluate your knowledge and abilities to interrupt, calculate,
and apply principles, concepts, and processes within the Fundamentals of Project Management (PM). I will evaluate your
responses against three criteria: 1) correct interpretation, application and
calculation of PM planning principles, concepts, and processes, 2) the depth
of knowledge in your responses, and 3) the correct application and
computations of PM data.

A S S E S S M E N T I N S T R
U C T I O N S

This is a non-proctored, take-home assessment. If you find a
requirement unclear, then please contact me for clarifications. It is important that you read each
requirement carefully to ensure you properly identify and address all
elements.

Within Tab named “Session 11” in BlackBoard is the exam upload
linked. Before uploading your exam,
ensure your name recorded at the top of this exam cover sheet. Your typed
responses will be placed in a double spaced and typed format. Students who wish to show work done, may
scan calculations of work done in an Adobe format, and also unload
calculations. Where a table or diagram
is provided within the exam, use the table or diagram to input your
responses.

Final Exam requirements
will come from course text book and lectured material

This Final Exam is due No-Later-Than Mid-night, Thursday, August 4,
2016

SPECIAL INSTRUCTIONS:

Read each
requirement carefully to ensure all elements of a question or requirement are
addressed.

Background to a new Program: Many
motorcycle riders who are severely injured in motorcycle-related accidents
desire to return to riding motorcycles. The Vice President of Marketing
within your business is one such injured motorcycle enthusiast. Two years ago
while riding his motorcycle, the marketing vice president suffered injuries
from a hit-and-run accident that left him paralyzed below the waist. However,
he desires to ride again. In his
desire, he also sees a marketing opportunity for other injured motorcycle
enthusiast. The VP envisions a
motorcycle stabilization devise attached to a motorcycle that allows a
paraplegic to safely operate a motorcycle again. A long-time rider, the VP understands that
a paraplegic rider requires a means to stabilize a motorcycle at low-speeds
and stopped conditions. At cursing
speeds, a stabilization devise is not needed, however at cursing speeds, the
devise must retract. Additionally, for this stabilization devise to reach a
wider range of customers, the design of the stabilization devise would need
to meet the design configurations for a variety of motorcycles. The VP of Marketing made a marketing
presentation of the stabilization devise to corporate executives. The Corporate CEO approved building eight
prototype devises and marketing these devises at the2015 Progressive International Motorcycle
Show, at Long Beach, California, November 20-22. The
stabilization devise program is name “Easy Rider”.

The
primary objective of Program Easy Rider, research, design, and produce a
universal motorcycle stabilization devise that modifies a motorcycle for a
paraplegic rider. This program offers one solution that will be applicable to
a variety of motorcycle designs and models. The VP will use one of the
stabilization devises for a road trip from Dallas, Texas to Long Beach,
California for the November 20-22,2015
Progressive International Motorcycle Show.
The program manager, in coordination with five project teams, oversees research,
design, and testing of a stabilization devise for six major motorcycle
companies:Kawasaki,
Honda, Yamaha, Hero MotoCorp, Baja Auto, and Harvey Division.

The
stabilization devise must simulate what a rider’s legs do to stabilize a
motorcycle. The specifications for the
stabilization devise include a manual extendable and retractable
stabilization devise that stabilizes a motorcycle at low speeds and at a
stop. The stabilization devise will fit on the top 10 on-road motorcycles
produced. The program manager envisions five phases in creating and marketing
a functional stabilization devise.
Phase one begins with a research project team. This project team will research current designs, potential
material, and mounting options for the top 10 on-road motorcycles. Phase two involves design project
team. This team will construct various
design options that meet the internal State of Work (SOW)
specifications. Phase three will be
the project test team. This team will
test the various design options in a variety of motorcycle driving scenarios
to design function and safety. Initial
tests will analyze the various stabilization devise performance. Phase four will be the operations
phase. In this phase the operations
project team will produce eight functional, and aesthetically pleasing
stabilization devises for the November 20-22,
Progressive International Motorcycle Show.
Phase five is the marketing phase of the stabilization device at the
show.

Address the
requirements below using the information provided from Program Easy
Rider.

1. (5)

In addressing
requirement 1, you are the project manager for the design project team. The
business uses a matrix organizational structure. Discuss the authority you have as a project
manager. Second discuss three
challenges you face as you interact with functional managers for people and
resources within this organizational structure.

2. (5)

Phase one of
Program Easy Rider is the Research Project Team. The Research Project
Team will research current stabilization
devise designs, potential devise materials, and mounting options for the top
10 on-road motorcyclesAs the Design Project Team leader at what point do you need to form
your team to prepare your team members to for the data the Research Team will
hand-off to your team? Justify your
response in terms of time and costs.

3. (5)

In preparation for
forming your new Design Team members, discuss what actions you will take to
plan and control team members’ roles and responsibilities, build an effective
team, and deal with intra team conflict.

For this requirement, your role is
that of the Program Manager. In Program Easy Rider, you identified five
phases. Each phase is designed to
develop data that feeds to the next phase.
The final phase, marketing, markets eight stabilization device, per
the internal SOW, at the November 20-22 Motorcycle Show. This is a two part
requirement:

(6)
Part 1:
Discuss the importance “assumptions” play in program and project planning
for producing eight stabilization devises.

(9)
Part 2 : Using the information provided in the case
study above, develop a Work Breakdown Structure (WBS) to level 3 (tasks) for
Program Easy Rider using the activities provided below:

·
Determine
design options

·
Analyzing
selling costs

·
Show
advertising

·
Lay
out color designs

·
Identify
top 10 motorcycle

·
Identify
devise material

·
Road
test devise

·
Coordinate
with material suppliers

·
Procure
five different text motorcycles

·
Select
test drivers

·
Register
for show

·
Schedule
manufacturing

·
Shipping
costs

·
Train
sales personnel

·
Literature
for sale personnel

·
Analyze
customers responses

·
Conduct
computer testing

·
Analyze
test data

·
Approve
design for production

·
Determine
devise customer costs

·
Finalize
design

·
Produce
stabilization devise

·
Schedule
with Master Production Schedule

·
Conduct
a customer risk analysis

5.

Given the PERT Network Schedule below
for the Design Project Team phase, compute the information requested in items
a. through e. below.

Use the table below to compute:

a.
(5) Identify the Early Start
(ES) Early Finish (EF) in weeks, and Late Start (LS) Late Finish (LF) in weeks.

b.
(3) Identify the critical path

c.
(8) For each activity’s
Optimistic time (t0), Pessimistic
time (tp) and the most
likely time” ™, to compute
each PERT activity’s Mean Expected Time (te) and Standard Deviation (?).

d.
(5) What is the expected time
(te) for 68% (1?),95% (2?) and 99%
(3?) competition limits?

e. (3) If activity B is extend by one week, what impact does this
extension have on the PERT Network diagram, and the project team?

1. (18)

As the design
project team leader, you operate from the budget shown below, which is
broken-down by each week. Your team has just completed week 11. The VP of
Marketing wants to know status of your team’s progress. Using the Design Team Budget information
below, complete the progress report below. Note the value of “k” stands for
$1000.

Design Project
Team Budget

WEEKS

Activity

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

AB

2k

2k

1k

3k

AC

3k

1k

2k

4k

3k

1k

BD

1k

3k

4k

3k

2k

BF

3k

2k

2k

1k

2k

CE

2k

1k

1k

1k

3k

2k

1k

CF

1k

1k

2k

2k

4k

CH

2k

3k

4k

2k

DG

1k

2k

3k

4k

2k

1k

1k

EG

1k

1k

1k

2k

1k

2k

1k

G-Fin

1k

1k

1k

2k

1k

1k

1k

F-Fin

2k

1k

3k

1k

2k

Design
Team Progress Report to Vice President of Marketing

1

2

3

4

5

6

7

Activity

%Complete

BCWS

BCWP

ACWP

CV

col 4 – col 5

SV

col 4 – col 3

AB

100

$8,500

AC

80

$12,200

BD

85

$13,000

BF

60

$5,500

CE

50

$7,500

CF

50

$4,500

CH

50

$2,000

DG

50

$2,000

EG

50

$1000

G-Finish

F-Finish

Total

Total CV ($) = total of Column 4 – total of Column 5 _____________________

Total SV ($) = total of Column 4 – total Column 3_____________________

Time-to-Complete = _____________Weeks

Cost-at-Completion = Rate of Spending X Total Budget = [Col 5 divided by col 4] X Total
budget =________________

Cost-to-Completion = Cost-at-Completion – Total AWCP = ___________________

Your analysis of data: From the progress data developed what will
you tell the VP of Marketing about the project’s schedule and the project’s
cost?

State of Nature

Strategy

35% probability for a Complete failure

30% probability for a

Partial Success

35% probability for a Total Success

S1

<$65K>

<$28K>

$53K

S2

<$48K>

$12K

$57K

S3

<$52K>

0

$23K

S4

<$12K>

<$9K>

$9K