Tuesday, February 23, 2016

Eurocash has decided to develop a mutual fund comprised almost entirely of Eastern European

1.1. (TCO A) Work Breakdown Structure (WBS)
 Eurocash has decided to develop a mutual fund comprised almost entirely of Eastern European companies with a high growth potential. The process of developing a new mutual fund begins with concept development, which includes establishing a clear definition of the project's objectives that is agreed upon by senior management and developing a marketing strategy. A business analysis is then performed that includes assessments of market feasibility, internal feasibility (budgetary resource requirements), and regulatory feasibility.If the proposed fund passes the business analysis, the fund design is developed. The design process consists of product design, service design, internal review and authorization, and SEC registration (assuming a U.S. market). As the design process nears completion, generally recognized as a positive preliminary review by the SEC, employee training is performed.After completion of the employee training and final regulatory approval, the product is launched, and postlaunch reviews are conducted at predetermined intervals. Prepare a WBS for this project with activities corresponding to a two-level task and subtask hierarchy. Provide columns showing the WBS code and activities. Number and indent the WBS codes so that the level of each activity is clearly identified. (Points : 25)
2.(TCO E) Schedule Crashing
Using the network below and the additional information provided, find answers to the following questions.(a) What is the crash cost per day per activity?(b) Which activities should be crashed to meet a project deadline of 13 days at minimum cost? State the number of days you will crash each activity.(c) What is the additional cost to crash the project?Critical path = B-C-D = 14
Activity
Normal time
Normal total cost
Crash time
Crash total cost
A
5
$300
3
$380
B
3
$250
1
$330
C
6
$400
4
$700
D
5
$150
3
$250




3.(TCO E) Projects often cross many functional boundaries, with team members reporting to different functional managers. This cross-functional aspect can create problems with roles and responsibilities. You decide to use an RACI to help with this situation. Your manager is wondering why you are spending your time on this tool when you already have resources assigned to tasks in your schedule.
(a) What is an RACI? How is one constructed? (b) Why is the RACI such an effective tool for project managers? (Points : 25)

4.(TCO C) Classify the following three costs on a project you are managing as direct, indirect, or fixed costs.
Training of project team membersLabor costs associated with creating deliverablesMaterial costs associated with a number of projects in a program (Points : 25)
5. (TCO F)
Earned Value The following data were obtained from a project to design a new software package.
Activity
Duration
Predecessors
Budgeted Cost
A
3 days
--
$8,320
B
6 days
--
$11,740
C
4 days
A
$11,550
D
2 days
C and B
$7,850
E
3 days
A
$10,750
F
2 days
D and E
$8,600
At the end of Day 5, the status of the project is as follows.
Activity
% Complete
Actual Cost
A
100%
$7,200
B
50%
$6,370
C
25%
$8,250
D
0%
$0
E
80%
$8,560
F
0%
$0
(a) Calculate the cost and schedule variances and indexes (CV, SV, CPI, SPI) for Tasks A, B, C, D, and E.(b) Write a brief analysis of the status of the project at this time, including task level, project level, and critical path. (Points : 25)
6.TCO C) You are the project manager assigned to oversee the installation of an online professional development system.  This is an off the shelf package which is expected to take 120 days to complete. The total cost per day is $2,666.  After 75 days the project is 61% complete and $230,000 has been spent. What is the estimate to complete (ETC). Is the project over budget or under budget? (Points : 25)

7.TCO E) Resource Allocation and Leveling
The following data were obtained from a project to expand a school.
Activity
Duration
Predecessors
Resources/Cost
A
2 weeks
--
Two excavators/$800 day each
B
3 weeks
--
Two dump trucks/$600 day each
C
2 weeks
B
Two concrete mixers/$250 day each
D
3 weeks
A and C
Two cranes/$2,000 day each
E
2 weeks
B
One high-lift/$500 day each
F
1 weeks
B
Two excavators/$800 day each
G
3 weeks
F
Two cranes/$2,000 day each
 The contractor has access to the listed quantity of machines of each type available at the listed cost. The operations cannot be split. Additional equipment can be rented at a 50% cost premium if needed.(a) Identify any resource conflicts in the above project. State the activities involved, the time frame of the conflict(s), the resources in conflict, and the quantity of resources involved.(b) What is the least-cost method of resolving the conflict(s), assuming the project duration must not be extended? What additional cost, if any, will be incurred? (Points : 25)

8.(TCO D) Change control is critical to a successful project. Describe how a good change control process functions to control changes on a project. (Points : 25)

9.TCO G) Your project is progressing well in your estimation. Your team has collected the following data. From these data, calculate the project’s ETC.
Activity A is 60% complete at a cost so far of $50,000. It was estimated to cost $200,000 when finished. It is at the end of Week 3 of 5. Activity B is 85% complete at a cost so far of $150,000. It was estimated to cost $80,000 when finished. It is at the end of Week 4 of 5. Activity C is complete at a cost so far of $110,000. It was estimated to cost $100,000 when finished. Assume spending will continue at the same rate. (Points : 25)

10. (TCO B) You are the project manager for three different projects.
 Project A: This project is behind schedule by 12 weeks. It was to have been completed in 3 months. The sponsor has additional funds to help complete the project on time if needed but does not want to increase risk to the project. Project B: This project is scheduled to take 27 weeks to complete. You are in the planning stage of the project. You need to reduce the schedule for this project by 8 weeks. This project has a number of predecessors that were created by the project team’s preference. The sponsor insists on having all the work done on time without unduly increasing risk or costs to the project. Project C: This project is in the execution stage of the project. It is behind schedule by 6 weeks; it was scheduled to be completed in 10 weeks. The sponsor is desperate to accomplish something on this project. The budget is limited to the original amount, and all soft predecessors have already been removed.  For each of the projects above, choose an appropriate schedule compression technique. Explain your choice. (Points : 25)
No comments

paper on the period from the Progressive Era through the Great Depression

Write a four to five (4-5) page paper on the period from the Progressive Era through the Great Depression. Your paper should cover the following: Identify at least (2) two major historical turning points in the period under discussion. Analyze the impact of the two (2) or more major historical turning points selected on America’s current society, economy, politics, and culture. Speculate as to why women earned the right to vote in the frontier states of the West before eastern and southern states. Describe at least two (2) pieces of legislation in the Roosevelt–Taft–Wilson progressive era years that have influenced the conduct of business to this day and what that influence has been. Explain the role that the Spanish American War played in America’s development of an Empire. Explain at least two (2) ways in which the boom and bust of the Roaring Twenties followed by the Great Depression affected the federal government’s involvement in the national economy. Include at least two (2) references (sources) other than the textbook. At least one (1) of your sources must be obtained from the collection of databases accessible from the Learning Resources Center Web page. Generic encyclopedic Internet resources such as Wikipedia or Answers.com will not be considered acceptable. No comments

Create a Patient class for the Wrightstown Hospital Billing Department

Create a Patient class for the Wrightstown Hospital Billing Department. Include a patient ID number, name, age, and amount due to the hospital. Include properties and any other methods you need. Override the ToString() method to return all the details for a patient. Write an application that prompts the user for data for five Patients. Sort them in patient ID number order and display them all, including a total amount owed.

Save the program as PatientDemo.cs.

Using the Patient class as a base, derive an Insured Patient class. An Insured Patient contains all the data of a Patient, plus fields to hold an insurance company name, and the percentage of the hospital bill the insurance company will pay. Insurance payments are based on the following table:

Insurance Company

Portion of bill paid by insurance (%)

Wrightstown Mutual 80 Red Umbrella 60 All other companies 25

Create an array of five Insured Patient objects. Create a program that justifies the following: •Prompts the user for all the patient data, plus the name of the insurance company; the insurance company set accessor determines the percentage paid. •Overrides the parent class ToString() method to include the name of the insurance company, the percent paid, and the amount due after the insurance has been applied to the bill. •Sorts all the records in ID number order and displays them with a total amount due from all insured patients.

Save the program as PatientDemo2.cs.

Write an application that uses an extension method for the Patient class. The method computes and returns a Patient's quarterly insurance payment (one-fourth of the annual premium). The application should allow the user to enter data for five Patients and then display all the Patient data for each, including the quarterly payment.

Save the program as PatientDemo3.cs.

Embed the programs in a Microsoft Word document.

Cite any sources in APA format on a separate page.
No comments

After viewing the Chinese Imports & Food Safety Video, consider whether U.S. retailers that utilize products or raw

After viewing the Chinese Imports & Food Safety Video, consider whether U.S. retailers that utilize products or raw ingredients that are imported from China and that are poorly regulated should be liable in tort for injuries to consumers who are harmed by those products. Answer parts 1 and 2 of the following question:
1. Answer part a or part b
a. If U.S. companies should not be liable, then they could be legally exempt from tort liability. Discuss the consequences of such a policy to U.S. consumers.
b. If the U.S. companies should be liable, then those companies would not be legally exempt from tort liability. Discuss the consequences of such a policy to U.S. businesses.
No comments

Economics is about allocation of limited resources to their best use

Economics is about allocation of limited resources to their best use. Similar to the rest of economy, healthcare sector must follow certain criteria in allocating limited resources (inputs) such as hospital services, pharma, RN services, physician services etc. to production of medical care. Explain why in economic thinking, we are concerned about ‘marginal’ or ‘incremental’ contribution of input(s) to output and not ‘total’ contribution of inputs. Also discuss the economic law the captures the logic for tracing ‘marginal’ input contribution to output. No comments

Analyze two (2) procurement methods. Suggest whether the methods in question are more valuable in either securing a quick savings or creating a long term strategy for government procurement. Provide a rationale for your response.

Analyze two (2) procurement methods. Suggest whether the methods in question are more valuable in either securing a quick savings or creating a long term strategy for government procurement. Provide a rationale for your response.
Compare and contrast the relative values of the fixed price contract versus the Multiple Award Schedule (MAS) contract. Provide one (1) example of each contract type in use, and, with the examples, elaborate upon the essential manner in which risk of loss is reduced.
No comments

Discuss the four main elements needed to bring an innovative idea to the marketplace

 Discuss the four main elements needed to bring an innovative  idea to the marketplace.
 What are then some of the difficulties facing  successful innovation?
Global Expansions  Questions:
 Are there different ethical risks an entrepreneur faces if entering a market in a developed country as compared to a market in an undeveloped country?
Identify those ethical risks.
What recommendations would you make to such an entrepreneur about ethical risks?
No comments