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Knowledge Management Tutorial

This document contains 9 tutorial questions about project integration management. The questions cover identifying the processes and outputs of project integration management, explaining the need to monitor and control project work, defining the role of stakeholder analysis, interpreting a project hierarchy diagram, explaining the importance of following project plans, listing project management methodologies and tools, performing financial analyses of two sample projects, and creating a weighted scoring model to calculate student grades.

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Mk Yap
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129 views2 pages

Knowledge Management Tutorial

This document contains 9 tutorial questions about project integration management. The questions cover identifying the processes and outputs of project integration management, explaining the need to monitor and control project work, defining the role of stakeholder analysis, interpreting a project hierarchy diagram, explaining the importance of following project plans, listing project management methodologies and tools, performing financial analyses of two sample projects, and creating a weighted scoring model to calculate student grades.

Uploaded by

Mk Yap
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd

Tutorial 2: Project Integration management

TUTORIAL QUESTIONS
1. List down the project integration management processes and identify the outputs produced from each processes involved. (18 marks)

2. Why there is a need for project manager to monitor and control project work? (2 marks)

3. What is the role of a stakeholder analysis? (2 marks)

4.

How do you interpret the above diagram? How are each level connected to each other? Justify your answer. (3 marks)

5. Project managers must lead by example to demonstrate the importance of creating and then following good project plans.

Interpret the statement above. (3 marks)

6. List 3 methodologies and 3 tools used in project management. (6 marks)

7. Perform a financial analysis for a project ABC. Assume the projected costs and benefits for this project are spread over four years as follows: 1

Estimated costs are $1,500,000 in year 1 and $300,000 each year in years 2, 3, and 4. Estimated benefits are $0 in year 1 and $1,000,000 each year in years 2, 3, and 4. Use a 5 percent discount rate. Round the discount factor to two decimal places Create a spreadsheet to calculate and clearly display the NPV, ROI, and year in which payback occurs (creat payback chart as well. In addition, write a paragraph explaining whether you would recommend investing in this project, based on your financial analysis.

8. Create a weighted scoring model to determine grades for a course. Final grades are based on three exams worth 15%, 20%, and 25%, respectively; Homework is worth 20%; and a group project is worth 20%. Enter scores for three students. Assume Student 1 earns 100% (or 100) on every item. Assume Student 2 earns 80% on each of the exams, 90% on the homework, and 95% on the group project. Assume Student 3 earns 90% on Exam 1, 75% on Exam 2, 80% on Exam 3, 90% on the homework, and 70% on the group project. You can use the weighted scoring model template, create your own spreadsheet, or make the matrix by hand.

9. Perform a financial analysis for a project using the same format learned in the Project Management class. Assume the projected costs and benefits for this project are spread over four years as follows: Estimated costs are $100,000 in year 1 and $25,000 each year in years 2, 3, and 4. Estimated benefits are $0 in year 1 and $80,000 each year in years 2, 3, and 4. Use an 8 percent discount rate. Calculate and clearly display the NPV, ROI, and year in which payback occurs. In addition, write a paragraph explaining whether you would recommend investing in this project, based on your financial analysis. (20 marks)

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