IENG300 - Fall 2012 Midterm
IENG300 - Fall 2012 Midterm
IENG300 - Fall 2012 Midterm
There are 5 questions in the booklet; each has several parts. Please answer all parts of the
questions to the best of your ability.
Marking Scheme
Questions
Weight
Question 1
10 points
Question 2
15 points
Question 3
25 points
Question 4
20 points
Question 5
30 points
Total
100 points
Mark
1. This booklet contains 11 pages including this one. Make sure all these pages are
attached.
2. Closed book examination. Formulas are provided on the last page.
3. Do not take the staple out. The exam booklet must remain intact.
4. Cheating penalty will be an F grade on the exam.
5. Non-programmable calculators are allowed.
6. Mobile phones/devices are to be turned off and stowed away.
7. Students must sign out prior to leaving the exam room.
Good luck
Engineering Project Management
1/11
The Pay Back method of project selection takes into consideration the time value of
money.
6. Responsibility matrices are used primarily with small and medium sized projects and
have limited use in large projects.
7. Once management has committed to a project, it is not possible for them to change the
funding allocated to the project, or to change the deadline of the project.
8. In developing a project network, each activity should have a unique identification
number that is smaller than the identification numbers of activities that follow it.
9. Resource leveling is only used on projects which are resource-constrained.
10. The risk is highest in the earliest phases of the project life cycle.
2/11
Inflow
0
0
$150,000
220,000
215,000
205,000
197,000
100,000
1,087,000
Outflow
$225,000
190,000
0
30,000
0
30,000
0
30,000
505,000
Netflow
-225,000
-190,000
150,000
190,000
215,000
175,000
197,000
70,000
582,000
Alpha
Year
Y0
Y1
Y2
Y3
Y4
Y5
Y6
Y7
Total
Inflow
0
$50,000
150,000
250,000
250,000
200,000
180,000
120,000
1,200,000
Outflow
$300,000
100,000
0
50,000
0
50,000
0
30,000
530,000
Netflow
-300,000
-50,000
150,000
200,000
250,000
150,000
180,000
90,000
670,000
3/11
4/11
Activity
A
B
C
D
E
F
G
H
I
J
K
L
M
N
Predecessor Activity
A
A
A
B
B, C
C, D
D
F, G
F
E, J
G, H
F, H
I, K, L, M
Duration (days)
2
7
10
4
6
5
8
9
12
5
5
6
4
3
5/11
6/11
DELIVERABLES
MILESTONES
TECHNICAL REQUIREMENTS
Workstations with 17-inch flat panel monitors, dual-core processors, 2 GB RAM, 8X DVD1RW,
wireless card, Ethernet card, 80 GB hard drive.
Laptops with 12-inch display monitor, dual-core processors, 2GB RAM, 8X DVD1RW, wireless
card, Ethernet card, 60 GB hard drive and weigh less than 41y2 lbs.
Wireless network interface cards and Ethernet connections.
System must support Windows Vista/Windows 7 platforms.
System must provide secure external access for field workers.
System maintenance and repair only up to one month after final inspection.
Warranties transferred to client.
Only responsible for installing software designated by the client 2 weeks before the project start.
Client will be billed for additional training beyond that prescribed in the contract.
7/11
a)
b) Risk Matrix
ID
Likelihood
Impact
Response
Trigger
When
c)
8/11
9/11
8. The first step in creating the necessary information to manage a project is to:
a. Establish project priorities
b. Define the project scope
c. Verify the budget available
d. Assign team members to work on the project
9. The highest element in the hierarchical breakdown of the WBS is:
a. A work package
b. Sub deliverables
c. A cost account
d. The project
10. All of the following are true about work packages except:
a. Consume resources
b. Assigned to only one manager
c. Have medium to long duration
d. Definitive starts and stops dates
11. A good starting point for developing time and cost estimates is:
a. Past experience
b. Work packages
c. Task analysis
d. Time and motion studies
12. Maya is forecasting the time and cost of developing a customized software program by
looking at the number of inputs, outputs, inquires, files and interfaces. Which of the
following methods is she employing?
a. Template
b. Ratio
c. Function point
d. Apportion
13. The two scales of a risk severity matrix usually measure:
a. The cost and the schedule
b. The likelihood and the cost
c. The schedule and the impact
d. The likelihood and the impact
14. Which of the following is not one of the potential responses to a specific risk event?
a. Avoiding
b. Ignoring
c. Transferring
d. Sharing
15. The tendency for the project objectives to be changed with little or no discussion with
other parties actively engaged in the project is referred to as:
a. Scope reference
b. Scope creep
c. Effectiveness
d. Hierarchical planning
10/11
FORMULAS
The payback formula:
Payback period (yrs) = Estimated Project Cost/Annual Savings
EF = ES + Duration
LS = LF Duration
SL = LS ES or SL = LF EF
11/11