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程序代写案例-FIT2002
时间：2021-10-29
2020 Semester Two
Examination Period
Faculty of Information Technology
EXAM CODES: FIT2002
TITLE OF PAPER: Mock Exam 1
EXAM DURATION: 2 hours 10 mins
Rules
During an exam, you must not have in your possession any item/material that has not been authorised for your exam. This includes
books, notes, paper, electronic device/s, mobile phone, smart watch/device, calculator, pencil case, or writing on any part of your
body. Any authorised items are listed below. Items/materials on your desk, chair, in your clothing or otherwise on your person will
be deemed to be in your possession.
You must not retain, copy, memorise or note down any exam content for personal use or to share with any other person by any
means following your exam.
You must comply with any instructions given to you by an exam supervisor.
As a student, and under Monash University’s Student Academic Integrity procedure, you must undertake your in-semester tasks,
and end-of-semester tasks, including exams, with honesty and integrity. In exams, you must not allow anyone else to do work for
you and you must not do any work for others. You must not contact, or attempt to contact, another person in an attempt to gain
unfair advantage during your exam session. Assessors may take reasonable steps to check that your work displays the expected
standards of academic integrity.
Failure to comply with the above instructions, or attempting to cheat or cheating in an exam may constitute a breach of instructions
under regulation 23 of the Monash University (Academic Board) Regulations or may constitute an act of academic misconduct
under Part 7 of the Monash University (Council) Regulations.
Authorised Materials
OPEN BOOK YES NO
CALCULATORS YES NO Calculator
DICTIONARIES YES NO
NOTES YES NO
SPECIFICALLY PERMITTED ITEMS YES NO
if yes, items permitted are:
Instructions
Page 1 of 15
Answer all questions in this exam.
This exam contributes to 50% for the unit assessment
This exam consists of FOUR (4) parts:
Part A: 20 multiple choice questions worth 1 mark each. Subtotal 20 marks
Part B: 5 questions worth 2 marks each. Subtotal 10 marks
Part C: Case Study with 3 sub-parts Subtotal 15 marks
Part D: 4 questions with sub-parts Subtotal 35 marks
Total 80 marks
Page 2 of 15
Instructions
Information
Answer all questions in this exam.
This exam contributes to 50% for the unit assessment
This exam consists of FOUR (4) parts:
Part A: 20 multiple choice questions worth 1 mark each. Subtotal 20 marks
Part B: 5 questions worth 2 marks each. Subtotal 10 marks
Part C: Case Study with 3 sub-parts Subtotal 15 marks
Part D: 4 questions with sub-parts Subtotal 35 marks
Total 80 marks
Page 3 of 15
Part A: Multiple Choice Questions
Information
PART A: (20 questions x 1 mark each = 20 marks)
There are 20 multiple choice questions. Attempt all questions.
Correct response score 1 mark, NO marks are deducted for incorrect response.
Question 1
Which of the following is true of projects?
Select one:
1
Mark
a. They are permanent in nature.
b. They are developed using regressive elaboration.
c. They have an indefinite beginning and end.
d. They have a unique purpose.
Question 2
Steve, an engineer in a construction company, is at present working on a home construction project.
The home is being built for the Robinson’s family, the owners of the home. Steve is working with his
project team and support staff to ensure the project is completed on time. In such a scenario, the
project sponsor is ________.
Select one:
1
Mark
a. the project team
b. Steve
c. the support staff
d. the Robinson family
Question 3
A preliminary or rough cost estimate is developed in the _____ phase of the project life cycle, and an
overview of the work involved is created.
Select one:
1
Mark
a. acquisition
b. concept
c. close-out
d. implementation
Page 4 of 15
Question 4
Which of the following is true of the agile approach to software development?
Select one:
1
Mark
a. In the agile method, requirements and solutions evolve through collaboration.
b. Agile is a predictive model of software development.
c. An agile approach sets scope goals, but leaves time and cost goals flexible.
d. In the agile approach, requirements must be clearly expressed early in the life cycle.
Question 5
Which one of the following statements is TRUE?
Select one:
1
Mark
a. It is more expensive to make major changes to a project during the earlier phases.
b. The WBS provides a basis for creating the project schedule and performing earned value management for measuring
and forecasting project performance.
c. The last phase of the traditional project life cycle is the implementation phase.
d. A project manager’s primary role is to provide the funding for a project.
Question 6
_____ involves identifying and controlling the functional and physical design characteristics of products
and their support documentation, and ensures that the descriptions of the project’s products are
correct and complete.
Select one:
1
Mark
a. Project time management
b. NPV analysis
c. Configuration management
d. Project management information systems
Question 7
_____ involves building individual and group skills to enhance project performance.
Select one:
1
Mark
a. Developing the human resource plan
b. Developing the project team
c. Acquiring the project team
d. Managing the project team
Page 5 of 15
Question 8
Which one of the following statements is TRUE?
Select one:
1
Mark
a. The lower the earned monetary value calculation for a project, the higher the chances of project success.
b. The tasks in a WBS must be developed as a sequential list of steps.
c. According to the symbolic frame, the most important aspect of any event in an organization is not what actually
happened, but what it means.
d. Internal stakeholders include groups affected by the project such as government officials or concerned citizens.
Question 9
Which of the following types of dependencies are inherent in the nature of work being performed on a
project?
Select one:
1
Mark
a. Discretionary
b. Mandatory
c. External
d. Random
Question 10
How many communication channel(s) do we need for a to a team of nine?
Select one:
1
Mark
a. 1
b. 9
c. 10
d. 36
Question 11
_____ is the degree to which a system performs its intended function.
Select one:
1
Mark
a. Reliability
b. Validity
c. Maintainability
d. Functionality
Page 6 of 15
Question 12
At the bottom of Maslow’s structure are _____ needs.
Select one:
1
Mark
a. esteem
b. self-actualisation
c. physiological
d. social
Question 13
Projects must operate in a broad organizational environment, and project managers need to consider
projects within the greater organizational context. _____ describes this holistic view of carrying out
projects within the context of the organization.
Select one:
1
Mark
a. Linear analysis
b. Systems thinking
c. Reductionism
d. The silo approach
Question 14
The procurement statements of work are an output of the _____ process of project procurement
management.
Select one:
1
Mark
a. planning
b. executing
c. monitoring and controlling
d. closing
Question 15
Which of the following is true of tangible costs?
Select one:
1
Mark
a. They cannot be calculated in monetary terms.
b. They can be easily measured.
c. They are difficult to quantify.
d. Their examples include goodwill and prestige.
Page 7 of 15
Question 16
Which of the following processes in project time management involves identifying the specific tasks
that the project team members and stakeholders must perform to produce the project deliverables?
Select one:
1
Mark
a. Defining activities
b. Sequencing activities
c. Developing the schedule
d. Estimating activity durations
Information
Question 17 – 20 refers to the following scenario:
You are given the following information of a project:
Initial Investment: 26,000
Cost of capital: 15%
The following table shows the cash flow for this project:
Question 17
What is the total discounted benefits for the above-mentioned project?
Select one:
1
Mark
a. $11,400
b. $34,980
c. $55,100
d. $80,000
Page 8 of 15
Question 18
What is the total discounted costs for the above-mentioned project?
Select one:
1
Mark
a. $2,280
b. $6,996
c. $49,840
d. $57,000
Question 19
What is the NPV (Net Present Value) for the above-mentioned project?
Select one:
1
Mark
a. $5,260
b. $9,120
c. $23,000
d. $27,984
Question 20
What is the ROI (Return on Investment) for the above-mentioned project?
Select one:
1
Mark
a. 0.11%
b. 0.4%
c. 4%
d. 11%
Page 9 of 15
Part B: Short Essay Questions
Information
PART B (10 marks)
This section consists of five (5) short answer questions worth 2 marks each.
Answer all questions.
Question 21
Briefly describe the process of initiating a project.
2
MarksQuestion 22
What is design of experiments? When is it used?
2
MarksQuestion 23
Briefly describe two (2) types of cost estimates.
2
MarksQuestion 24
What is involve when developing the schedule and what is a schedule baseline?
2
MarksQuestion 25
Would you use a Gantt Chart in Agile Project Management? Why/Why not?
2
Marks
Page 10 of 15
Part C: Case Study
Information
PART C (4 + 6 + 5 = 15 marks)
This part consists of three (3) sub-questions worth 15 marks in total.
Answer all questions.
Question 26
Case Study
Recently, several banks have started offering customers remote deposit capture. With this new
service, customers do not have to physically go to banks or ATM machines to deposit checks
anymore. Instead, they can send checks as a scanned image through an Internet portal provided by the
bank. This technology can save banks and customers time and money making the transactions. Blue
Bank is considering implementing this new service. To use it, customers need a remote capture
account with Blue Bank and a special scanner to get the necessary images to make the electronic
deposit. Once the account is established in the system, customers will be able to scan all of their
checks anytime and anywhere by accessing the Blue Bank service through the Internet, logging in, and
scanning the checks. The service should be as easy as sending an attachment in an email. Of course,
this new application has to be very reliable, secure, and easy to use. It must be integrated into the
current Blue Bank Website, and the Website must also provide the ability for customers to purchase
the special scanner. Blue Bank will set up the scanner-purchasing ability with several appropriate
hardware vendors and sell the devices at its physical banks as well. Blue Bank is not sure yet what to
charge for the scanners or service. The Website will also provide online technical support and
instructions showing customers how to set up and use the new scanner and service. Support will be
provided 24/7 via the Website and telephone.
a) Based on the case study, briefly describe one requirement for each of the category listed below: (4
marks)
Technical Requirement
Performance Requirement
Security Requirement
Business Requirement
b) Identify three (3) distinct potential risks for the project based on the category given. State briefly
what would be the trigger and how will the risk impact the success of the project. Briefly discuss a
response strategy for each risk. (6 marks)
1. Name of Risk:_____________________________________________________________
Description:__________________________________________________________________________
Category: Technology__________________________________________________________________
Trigger: _____________________________________________________________________________
Impact:____________________________________________________________________________
Response Strategy: ____________________________________________________________________
15
Marks
Page 11 of 15
____________________________________________________________________________________
2. Name of Risk:_____________________________________________________________
Description:__________________________________________________________________________
Category: Business/Marketing__________________________________________________
Trigger: __________________________________________________________________________
Impact:___________________________________________________________________________
Response Strategy:___________________________________________________________________
____________________________________________________________________________________
3. Name of Risk:_____________________________________________________________
Description:__________________________________________________________________________
Category: People (Human resource) ______________________________________________________
Trigger: __________________________________________________________________________
Impact:___________________________________________________________________________
Response Strategy:___________________________________________________________________
c) Briefly describe the four basic response strategies for positive risks? In your opinion, what response
strategy should the bank adopt if there is a good uptake of this new technology. (5 marks)
Page 12 of 15
Part D: Calculation
Information
PART D (8+ 8 + 4 + 15 = 35 marks)
This section consists of four (4) questions worth 35 marks in total.
Answer all questions.
Question 27
Earned Value Management (8 marks)
Assume a 6 months software project is budgeted for $40,000. At the end of the 4th month, the project
was evaluated and it was estimated that only 50% of the work was actually completed. At this point,
they have already spent $22,000.
a) Calculate the Cost Variance, Schedule Variance, Cost Performance Index and Schedule
Performance Index for this project as at the end of the 4th month. (4 marks)
b) Based on the performance to date, what would be the total estimated cost to complete this project
(assuming there are no further delays after the 4th month). (1 mark)
c) Based on your calculation in a) and b), discuss the situation and your recommendation. (3 marks)
8
Marks
Page 13 of 15
Question 28
Project Network Diagram (8 marks)
Using the above information:
Draw a project network diagram using the activity on node method.
Include all calculations (estimated time and floats for each activity) on the project network.
Highlight the critical path.
Indicate what is the shortest possible time needed to complete this project.
NOTE: Please clearly label the piece of paper with your Student ID and this question number (Question
28) and draw your network diagram on this blank piece of paper. You’ll have time at the end of your
exam to upload a photograph of your answer.
Please answer question on your blank piece of paper.
After your exam finishes, you’ll have extra time to access your phone to scan a QR code and upload your answer.
Clearly label each page with Student ID and this question number (and sub part if applicable) (for example,
'Question 7a')
Do not write your Name on it
No. of answer sheets: 1
8
Marks
Question 29
Answer the following questions based on the project network diagram that you draw in Question 28.
a) What is the effect on Activity E and the project duration if Activity B is delayed by 2 days? Why? (1
mark)
b) What is the effect on the project duration if activity A is delayed by 2 days? Why? (1 mark)
c) What is the importance of correct scheduling? Discuss why you would use the Activity-on-Arrow and
when you would use the Activity-on-Node techniques. (2 marks)
4
Marks
Page 14 of 15
Question 30
Network Compression
Your company has received a Request for Quotation to develop an application for a MOOC (Massive
Open Online Courses) System. Deadline for this project is very tight and delaying it would have serious
repercussions. You identify that once you win the tender, you would only have a maximum of 45 weeks
before the ‘go-live’ date. You have planned out the job and have drawn the project network as shown
below. The activity durations depicted in the network diagram are for the “All Normal” situation where
the duration estimates are the normal duration required to work on a certain activity. However, if there
is a need to shorten the duration to meet the 45-weeks deadline, you may have to hire more resources
and incur additional cost.
You have worked out the additional costs and the compression options are shown below in the usual
notation.
The “All Normal” cost for this project is estimated to be $500,000.
a) Perform the “All normal” calculation on the network diagram and put the values in the response
template below. (4 marks)
b) Carry out project compression calculations, using the response templates given. Stop the
calculations when you have achieved the 45-week target. (9 marks)
c) Calculate the minimum price you would quote to develop the MOOC systems, if you are to deliver
this project within 45 weeks and making a 40% profit margin. (2 marks)
15
Marks
Page 15 of 15
a) Perform the “All normal” calculation on the network diagram and put the values in the
response template below. (4 marks)
b) Carry out project compression calculations, using the response templates given. Stop the
calculations when you have achieved the 45-week target. (9 marks)
A D
23 25
B G
10 30 End
E 0
20
H
C F 20
16 10
4/500
3/250
3/275
6/450
1st compression:
Activity
crashed
Duration
crashed
Cost
increased
A D
23 25
Total:
B G
10 30 End
E 0
20
H
C F 20
16 10
4/500
3/250
3/275
6/450
2nd compression:
Activity
crashed
Duration
crashed
Cost
increased
A D
23 25
Total:
B G
10 30 End
E 0
20
H
C F 20
16 10
3rd compression:
Activity
crashed
Duration
crashed
Cost
increased
A D
23 25
Total:
B G
10 30 End
E 0
20
H
C F 20
16 10
4/500
3/250
3/275
6/450
4/500
3/250
3/275
6/450
学霸联盟
学霸联盟
Examination Period
Faculty of Information Technology
EXAM CODES: FIT2002
TITLE OF PAPER: Mock Exam 1
EXAM DURATION: 2 hours 10 mins
Rules
During an exam, you must not have in your possession any item/material that has not been authorised for your exam. This includes
books, notes, paper, electronic device/s, mobile phone, smart watch/device, calculator, pencil case, or writing on any part of your
body. Any authorised items are listed below. Items/materials on your desk, chair, in your clothing or otherwise on your person will
be deemed to be in your possession.
You must not retain, copy, memorise or note down any exam content for personal use or to share with any other person by any
means following your exam.
You must comply with any instructions given to you by an exam supervisor.
As a student, and under Monash University’s Student Academic Integrity procedure, you must undertake your in-semester tasks,
and end-of-semester tasks, including exams, with honesty and integrity. In exams, you must not allow anyone else to do work for
you and you must not do any work for others. You must not contact, or attempt to contact, another person in an attempt to gain
unfair advantage during your exam session. Assessors may take reasonable steps to check that your work displays the expected
standards of academic integrity.
Failure to comply with the above instructions, or attempting to cheat or cheating in an exam may constitute a breach of instructions
under regulation 23 of the Monash University (Academic Board) Regulations or may constitute an act of academic misconduct
under Part 7 of the Monash University (Council) Regulations.
Authorised Materials
OPEN BOOK YES NO
CALCULATORS YES NO Calculator
DICTIONARIES YES NO
NOTES YES NO
SPECIFICALLY PERMITTED ITEMS YES NO
if yes, items permitted are:
Instructions
Page 1 of 15
Answer all questions in this exam.
This exam contributes to 50% for the unit assessment
This exam consists of FOUR (4) parts:
Part A: 20 multiple choice questions worth 1 mark each. Subtotal 20 marks
Part B: 5 questions worth 2 marks each. Subtotal 10 marks
Part C: Case Study with 3 sub-parts Subtotal 15 marks
Part D: 4 questions with sub-parts Subtotal 35 marks
Total 80 marks
Page 2 of 15
Instructions
Information
Answer all questions in this exam.
This exam contributes to 50% for the unit assessment
This exam consists of FOUR (4) parts:
Part A: 20 multiple choice questions worth 1 mark each. Subtotal 20 marks
Part B: 5 questions worth 2 marks each. Subtotal 10 marks
Part C: Case Study with 3 sub-parts Subtotal 15 marks
Part D: 4 questions with sub-parts Subtotal 35 marks
Total 80 marks
Page 3 of 15
Part A: Multiple Choice Questions
Information
PART A: (20 questions x 1 mark each = 20 marks)
There are 20 multiple choice questions. Attempt all questions.
Correct response score 1 mark, NO marks are deducted for incorrect response.
Question 1
Which of the following is true of projects?
Select one:
1
Mark
a. They are permanent in nature.
b. They are developed using regressive elaboration.
c. They have an indefinite beginning and end.
d. They have a unique purpose.
Question 2
Steve, an engineer in a construction company, is at present working on a home construction project.
The home is being built for the Robinson’s family, the owners of the home. Steve is working with his
project team and support staff to ensure the project is completed on time. In such a scenario, the
project sponsor is ________.
Select one:
1
Mark
a. the project team
b. Steve
c. the support staff
d. the Robinson family
Question 3
A preliminary or rough cost estimate is developed in the _____ phase of the project life cycle, and an
overview of the work involved is created.
Select one:
1
Mark
a. acquisition
b. concept
c. close-out
d. implementation
Page 4 of 15
Question 4
Which of the following is true of the agile approach to software development?
Select one:
1
Mark
a. In the agile method, requirements and solutions evolve through collaboration.
b. Agile is a predictive model of software development.
c. An agile approach sets scope goals, but leaves time and cost goals flexible.
d. In the agile approach, requirements must be clearly expressed early in the life cycle.
Question 5
Which one of the following statements is TRUE?
Select one:
1
Mark
a. It is more expensive to make major changes to a project during the earlier phases.
b. The WBS provides a basis for creating the project schedule and performing earned value management for measuring
and forecasting project performance.
c. The last phase of the traditional project life cycle is the implementation phase.
d. A project manager’s primary role is to provide the funding for a project.
Question 6
_____ involves identifying and controlling the functional and physical design characteristics of products
and their support documentation, and ensures that the descriptions of the project’s products are
correct and complete.
Select one:
1
Mark
a. Project time management
b. NPV analysis
c. Configuration management
d. Project management information systems
Question 7
_____ involves building individual and group skills to enhance project performance.
Select one:
1
Mark
a. Developing the human resource plan
b. Developing the project team
c. Acquiring the project team
d. Managing the project team
Page 5 of 15
Question 8
Which one of the following statements is TRUE?
Select one:
1
Mark
a. The lower the earned monetary value calculation for a project, the higher the chances of project success.
b. The tasks in a WBS must be developed as a sequential list of steps.
c. According to the symbolic frame, the most important aspect of any event in an organization is not what actually
happened, but what it means.
d. Internal stakeholders include groups affected by the project such as government officials or concerned citizens.
Question 9
Which of the following types of dependencies are inherent in the nature of work being performed on a
project?
Select one:
1
Mark
a. Discretionary
b. Mandatory
c. External
d. Random
Question 10
How many communication channel(s) do we need for a to a team of nine?
Select one:
1
Mark
a. 1
b. 9
c. 10
d. 36
Question 11
_____ is the degree to which a system performs its intended function.
Select one:
1
Mark
a. Reliability
b. Validity
c. Maintainability
d. Functionality
Page 6 of 15
Question 12
At the bottom of Maslow’s structure are _____ needs.
Select one:
1
Mark
a. esteem
b. self-actualisation
c. physiological
d. social
Question 13
Projects must operate in a broad organizational environment, and project managers need to consider
projects within the greater organizational context. _____ describes this holistic view of carrying out
projects within the context of the organization.
Select one:
1
Mark
a. Linear analysis
b. Systems thinking
c. Reductionism
d. The silo approach
Question 14
The procurement statements of work are an output of the _____ process of project procurement
management.
Select one:
1
Mark
a. planning
b. executing
c. monitoring and controlling
d. closing
Question 15
Which of the following is true of tangible costs?
Select one:
1
Mark
a. They cannot be calculated in monetary terms.
b. They can be easily measured.
c. They are difficult to quantify.
d. Their examples include goodwill and prestige.
Page 7 of 15
Question 16
Which of the following processes in project time management involves identifying the specific tasks
that the project team members and stakeholders must perform to produce the project deliverables?
Select one:
1
Mark
a. Defining activities
b. Sequencing activities
c. Developing the schedule
d. Estimating activity durations
Information
Question 17 – 20 refers to the following scenario:
You are given the following information of a project:
Initial Investment: 26,000
Cost of capital: 15%
The following table shows the cash flow for this project:
Question 17
What is the total discounted benefits for the above-mentioned project?
Select one:
1
Mark
a. $11,400
b. $34,980
c. $55,100
d. $80,000
Page 8 of 15
Question 18
What is the total discounted costs for the above-mentioned project?
Select one:
1
Mark
a. $2,280
b. $6,996
c. $49,840
d. $57,000
Question 19
What is the NPV (Net Present Value) for the above-mentioned project?
Select one:
1
Mark
a. $5,260
b. $9,120
c. $23,000
d. $27,984
Question 20
What is the ROI (Return on Investment) for the above-mentioned project?
Select one:
1
Mark
a. 0.11%
b. 0.4%
c. 4%
d. 11%
Page 9 of 15
Part B: Short Essay Questions
Information
PART B (10 marks)
This section consists of five (5) short answer questions worth 2 marks each.
Answer all questions.
Question 21
Briefly describe the process of initiating a project.
2
MarksQuestion 22
What is design of experiments? When is it used?
2
MarksQuestion 23
Briefly describe two (2) types of cost estimates.
2
MarksQuestion 24
What is involve when developing the schedule and what is a schedule baseline?
2
MarksQuestion 25
Would you use a Gantt Chart in Agile Project Management? Why/Why not?
2
Marks
Page 10 of 15
Part C: Case Study
Information
PART C (4 + 6 + 5 = 15 marks)
This part consists of three (3) sub-questions worth 15 marks in total.
Answer all questions.
Question 26
Case Study
Recently, several banks have started offering customers remote deposit capture. With this new
service, customers do not have to physically go to banks or ATM machines to deposit checks
anymore. Instead, they can send checks as a scanned image through an Internet portal provided by the
bank. This technology can save banks and customers time and money making the transactions. Blue
Bank is considering implementing this new service. To use it, customers need a remote capture
account with Blue Bank and a special scanner to get the necessary images to make the electronic
deposit. Once the account is established in the system, customers will be able to scan all of their
checks anytime and anywhere by accessing the Blue Bank service through the Internet, logging in, and
scanning the checks. The service should be as easy as sending an attachment in an email. Of course,
this new application has to be very reliable, secure, and easy to use. It must be integrated into the
current Blue Bank Website, and the Website must also provide the ability for customers to purchase
the special scanner. Blue Bank will set up the scanner-purchasing ability with several appropriate
hardware vendors and sell the devices at its physical banks as well. Blue Bank is not sure yet what to
charge for the scanners or service. The Website will also provide online technical support and
instructions showing customers how to set up and use the new scanner and service. Support will be
provided 24/7 via the Website and telephone.
a) Based on the case study, briefly describe one requirement for each of the category listed below: (4
marks)
Technical Requirement
Performance Requirement
Security Requirement
Business Requirement
b) Identify three (3) distinct potential risks for the project based on the category given. State briefly
what would be the trigger and how will the risk impact the success of the project. Briefly discuss a
response strategy for each risk. (6 marks)
1. Name of Risk:_____________________________________________________________
Description:__________________________________________________________________________
Category: Technology__________________________________________________________________
Trigger: _____________________________________________________________________________
Impact:____________________________________________________________________________
Response Strategy: ____________________________________________________________________
15
Marks
Page 11 of 15
____________________________________________________________________________________
2. Name of Risk:_____________________________________________________________
Description:__________________________________________________________________________
Category: Business/Marketing__________________________________________________
Trigger: __________________________________________________________________________
Impact:___________________________________________________________________________
Response Strategy:___________________________________________________________________
____________________________________________________________________________________
3. Name of Risk:_____________________________________________________________
Description:__________________________________________________________________________
Category: People (Human resource) ______________________________________________________
Trigger: __________________________________________________________________________
Impact:___________________________________________________________________________
Response Strategy:___________________________________________________________________
c) Briefly describe the four basic response strategies for positive risks? In your opinion, what response
strategy should the bank adopt if there is a good uptake of this new technology. (5 marks)
Page 12 of 15
Part D: Calculation
Information
PART D (8+ 8 + 4 + 15 = 35 marks)
This section consists of four (4) questions worth 35 marks in total.
Answer all questions.
Question 27
Earned Value Management (8 marks)
Assume a 6 months software project is budgeted for $40,000. At the end of the 4th month, the project
was evaluated and it was estimated that only 50% of the work was actually completed. At this point,
they have already spent $22,000.
a) Calculate the Cost Variance, Schedule Variance, Cost Performance Index and Schedule
Performance Index for this project as at the end of the 4th month. (4 marks)
b) Based on the performance to date, what would be the total estimated cost to complete this project
(assuming there are no further delays after the 4th month). (1 mark)
c) Based on your calculation in a) and b), discuss the situation and your recommendation. (3 marks)
8
Marks
Page 13 of 15
Question 28
Project Network Diagram (8 marks)
Using the above information:
Draw a project network diagram using the activity on node method.
Include all calculations (estimated time and floats for each activity) on the project network.
Highlight the critical path.
Indicate what is the shortest possible time needed to complete this project.
NOTE: Please clearly label the piece of paper with your Student ID and this question number (Question
28) and draw your network diagram on this blank piece of paper. You’ll have time at the end of your
exam to upload a photograph of your answer.
Please answer question on your blank piece of paper.
After your exam finishes, you’ll have extra time to access your phone to scan a QR code and upload your answer.
Clearly label each page with Student ID and this question number (and sub part if applicable) (for example,
'Question 7a')
Do not write your Name on it
No. of answer sheets: 1
8
Marks
Question 29
Answer the following questions based on the project network diagram that you draw in Question 28.
a) What is the effect on Activity E and the project duration if Activity B is delayed by 2 days? Why? (1
mark)
b) What is the effect on the project duration if activity A is delayed by 2 days? Why? (1 mark)
c) What is the importance of correct scheduling? Discuss why you would use the Activity-on-Arrow and
when you would use the Activity-on-Node techniques. (2 marks)
4
Marks
Page 14 of 15
Question 30
Network Compression
Your company has received a Request for Quotation to develop an application for a MOOC (Massive
Open Online Courses) System. Deadline for this project is very tight and delaying it would have serious
repercussions. You identify that once you win the tender, you would only have a maximum of 45 weeks
before the ‘go-live’ date. You have planned out the job and have drawn the project network as shown
below. The activity durations depicted in the network diagram are for the “All Normal” situation where
the duration estimates are the normal duration required to work on a certain activity. However, if there
is a need to shorten the duration to meet the 45-weeks deadline, you may have to hire more resources
and incur additional cost.
You have worked out the additional costs and the compression options are shown below in the usual
notation.
The “All Normal” cost for this project is estimated to be $500,000.
a) Perform the “All normal” calculation on the network diagram and put the values in the response
template below. (4 marks)
b) Carry out project compression calculations, using the response templates given. Stop the
calculations when you have achieved the 45-week target. (9 marks)
c) Calculate the minimum price you would quote to develop the MOOC systems, if you are to deliver
this project within 45 weeks and making a 40% profit margin. (2 marks)
15
Marks
Page 15 of 15
a) Perform the “All normal” calculation on the network diagram and put the values in the
response template below. (4 marks)
b) Carry out project compression calculations, using the response templates given. Stop the
calculations when you have achieved the 45-week target. (9 marks)
A D
23 25
B G
10 30 End
E 0
20
H
C F 20
16 10
4/500
3/250
3/275
6/450
1st compression:
Activity
crashed
Duration
crashed
Cost
increased
A D
23 25
Total:
B G
10 30 End
E 0
20
H
C F 20
16 10
4/500
3/250
3/275
6/450
2nd compression:
Activity
crashed
Duration
crashed
Cost
increased
A D
23 25
Total:
B G
10 30 End
E 0
20
H
C F 20
16 10
3rd compression:
Activity
crashed
Duration
crashed
Cost
increased
A D
23 25
Total:
B G
10 30 End
E 0
20
H
C F 20
16 10
4/500
3/250
3/275
6/450
4/500
3/250
3/275
6/450
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学霸联盟
