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MATRIC NO: 15PCK01088

NAME: OLOWO OLALEKAN OLAKITAN

COURSE TITLE: PROJECT MANAGEMENT

ASSIGNMENT

1. Being assigned as a proje! "anager #or !$e ne% Canaan i!& proje!' &o( no!ied d(ringproje! e)e(!ion !$a! on#*i!s arise in !$e !ea" on +o!$ !e$nia* and in!erpersona* *e,e*s.

W$a! is an appropria!e %a& o# $and*ing on#*i!s-

O Conflicts distract the team and disr!t the "or# rh$thm% &o shold al"a$s smooth them "hen

the$ srface%

O A conflict shold 'e handled in a meetin( so that the entire team can !artici!ate in findin( a

soltion%

O Conflicts shold 'e addressed earl$ and sall$ in !ri)ate* sin( a direct* colla'orati)e a!!roach%

O &o shold se $or coerci)e !o"er to +ic#l$ resol)e conflicts and then focs on (oal

achie)ement%

. W$a! is !$e p(rpose o# a project charter-

O To formall$ athori,e a !ro-ect or a !hase and docment initial re+irements "hich satisf$ the

sta#eholder.s needs and e/!ectations%

O To docment ho" the !ro-ect "ill 'e !lanned* e/ected* monitoredcontrolled* and closed%

O To lin# the !ro-ect* "hich is (oin( to 'e !lanned* e/ected* and Monitoredcontrolled to the on

(oin( "or# of the or(ani,ation%

O To descri'e the !rocess of !erformin( the "or# defined in the !ro-ect mana(ement !lan in order

to achie)e the !ro-ect.s o'-ecti)es%

/. T$e onep! o# 0!$e s!a!es !$a! $anges re*a!ed !o one Re2(ire"en! sope' !i"e' or os!3

%i** a! *eas! in#*(ene one o!$er e*e"en!.

O Three!oint estimation

O Tri!le constraint

O Three "ise men

O Three needs theor$

4. 5o(r organi6a!ion is onsidering !o r(n a proje! %$i$ %i** en!ai* an in,es!"en! o#

N1'777'777. T$e prod(! #ro" !$e proje! is #oreas!ed !o rea!e re,en(es o# N87'777 in !$e

#irs! &ear a#!er !$e end o# !$e proje! and o# N47'777 in ea$ o# !$e !%o #o**o%ing &ears. W$a!

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is !r(e #or !$e ne! presen! ,a*(e o# !$e proje! o,er !$e !$ree &ears &*e a! a diso(n! ra!e o#

179-

O The net !resent )ale is !ositi)e* "hich ma#es the !ro-ect attracti)e%

O The net !resent )ale is !ositi)e* "hich ma#es the !ro-ect nattracti)e%

O The net !resent )ale is ne(ati)e* "hich ma#es the !ro-ect attracti)e%

O The net !resent )ale is ne(ati)e* "hich ma#es the !ro-ect nattracti)e%

8. W$a! does !$e !er" +es! pra!ie o#!en re#er !o-

O A standardi,ed set of deli)era'les* li#e !lans* re!orts* and chec#lists%

O A set of tools and techni+es that a !ro-ect mana(er shold master%

O The conce!t of state of the art a!!lied to !ro-ect mana(ement%

O A s!ecific se+ence of "or#* descri'ed in terms of soft lo(ic%

;. T$e o""(nia!ions "anage"en! p*an is a do("en! %$i$ in*(des desrip!ions o#e,a*(a!ion in!er,ie%

%i!$ a proje! !ea" "e"+er-

O 7hich mana(ement fallacies can most easil$ 'e dele(ated to the "or#er=

O 9o" can discssion of the mana(er.s leadershi! st$le 'e a)oided=

O 9as the em!lo$ee 'een !ro)ided "ith sfficient instrctions and "or# tools=

O 9o" can dis!te related to nsatisfactor$ !erformance 'e a)oided=

. W$i$ s!a!e"en! desri+es +es! $and*ing o# ass("p!ions d(ring !$e ini!ia!ing proesses-

O 3t is the res!onsi'ilit$ of the sales !erson in char(e to identif$ all ris#s related to a cstomer

!ro-ect%

O Mana(in( and or(ani,in( assm!tions means a)oidin( ris#s ri(ht from the start of the !ro-ect%

O Or(ani,ational* en)ironmental and e/ternal assm!tions shold 'e addressed '$ the !ro-ect

charter%

O Ris#s are a si(n of ncertaint$% A)oidin( all ncertainties means that a !ro-ect shold ha)e no

ris#s at all%

/. A WBS di!ionar& is a do("en! %$i$...

O %%% descri'es technical terms sed for sco!e mana(ement%

O %%% descri'es the details for each com!onent in the 72%

O %%% translates essential 72 terms for (lo'al !ro-ect teams%

O %%% hel!s translate fnctional into technical re+irements%

4. 5o( are in !$e proess o# on!a!ing se**ers !o o+!ain +ids and proposa*s. 5o( #o(nd o(!

!$a! i! "ig$! +eo"e a !i"e>ons("ing proed(re !o ens(re !$a! !$e se**ers ge! a *ear and

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o""on (nders!anding o# !$e pro(re"en! proess and o# !$e needs o# &o(r proje!. W$i$

!e$ni2(e "a& $e*p &o( sa,e !i"e-

O idder conferences

O Ad)ertisin(

O >alified sellers list

O 6ore$es meetin(s

8. As a proje! "anager' %$en s$o(*d &o( espeia**& onsider (*!(ra* di##erenes-

O 7hen $o 'rea# do"n sco!e to create a "or# 'rea#do"n strctre ?72@%

O 7hen $o assi(n hman resorces to do the "or# in a schedle acti)it$%

O 7hen $o de)elo! acce!tance criteria for "or# reslts to 'e achie)ed '$ the team mem'ers%

O 7hen $o decide !on reco(nition and a"ards drin( team de)elo!ment%

;. A! !$e +eginning o# proje! e)e(!ion' &o( no!ie di##eren! opinions +e!%een !ea"

"e"+ers re*a!ing !o proje! %or and de*i,era+*es and !o !$e *e,e* o# o,era** o"p*e)i!&.

W$a! s$o(*d &o( do rig$! no%-

O Gi)e $or team mem'ers some time to de)elo! a common nderstandin( of the !ro-ect sco!e and

!rodct sco!e% ;!comin( interface !ro'lems ma$ 'e resol)ed later%

O ;se the ris# mana(ement !rocesses to identif$ and assess ris#s cased '$ misnderstandin(s and

de)elo! a !lan "ith measres in order to res!ond to them%

O Or(ani,e meetin(s to identif$ and resol)e misnderstandin(s 'et"een team mem'ers in order to

a)oid interface !ro'lems * disinte(ration and costl$ re"or# earl$ in the !ro-ect%

O ;se inter)ie"s in !ri)ate "ith each indi)idal team mem'er to inform them of $or e/!ectations

and $or re+irements in an atmos!here of confidence%

=. 5o( $a,e j(s! !aen o,er as "anager o# a proje! !$a! %i** rea!e "an& +ene#i!s #or !$e

per#or"ing organi6a!ion' +(! &o( sense a $ig$ *e,e* o# resis!ane in ,ario(s s!ae$o*ders rig$!

#ro" !$e s!ar!. W$a! is !$e "os! appropria!e a!ion !o reso*,e !$e pro+*e"-

O e)elo! a res!onsi'ilit$ assi(nment matri/ ?RAM@ "hich clearl$ sho"s the res!onsi'ilit$ of

each sta#eholder for the )arios !ro-ect acti)ities and "ho needs to 'e conslted and informed%

O e)elo! an or(ani,ation dia(ram* "hich !laces each of the sta#eholders at an a!!ro!riate

!osition inside the !ro-ect and allo"s for certain lines of commnication "hile disallo"in( others%

O 2chedle a meetin( "ith these sta#eholders to !resent the !ro-ect* discss and esta'lish (rond

rles* ensre their in)ol)ement and identif$ initial !ersonal and or(ani,ational isses%

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O o not tal# to these sta#eholders too mch at this time* instead creates faits accom!lish* "hich

"ill later force the sta#eholders to s!!ort the !ro-ect de to a lac# of alternati)es for them%

?. 5o( are in !$e proess o# p*anning a proje! and #o(nd !$a! s!ae$o*ders o#!en $a,e

,ar&ing o+je!i,es and re2(ire"en!s. T$is "aes i! $ard !o o"e (p %i!$ a p*an %i!$ %$i$

a** o+je!i,es %i** +e "e!. W$a! is pro+a+*& "os! $e*p#(* !o ens(re o""on (nders!anding-

O As# the !ro-ect sta#eholders to 'ild focs (ro!s in order to discss and remed$ conflictin(interests%

O Create an e/hasti)e docment descri'in( $or !oint of )ie" and as# sta#eholders to re)ie" it%

O :et each sta#eholder "rite a statement of "or#* mer(e the docments to a !ro-ect sco!e

statement%

O ;se $or athori,ation as the !ro-ect mana(er to clearl$ !rioriti,e the different o'-ecti)es%

@. roje!s #re2(en!*& do no! "ee! (s!o"er e)pe!a!ions #or %$i$ o# !$e #o**o%ing reasons-

O Poor ris# mana(ement '$ the contractor rnnin( the !ro-ect O Poor technical a'ilit$ of the

contractor rnnin( the !ro-ect for the cstomer O Technical ina'ilit$ and !oor ris# mana(ement '$

the contractor O ;nclear sco!e definition '$ the cstomer for "hom the !ro-ect is !erformed

/7. W$a! is !&pia* #or ri!ia* $ain proje! "anage"en!-

O Mana(ement of 'ffers

O Mana(ement of total floats and free floats

O Mana(ement of leads and la(s

O Mana(ement of resorce o)erallocations