PMC 101 Questions
PMC 101 Questions
Chapter 2 , page 54
Chapter 2 – Page 54
7. The Custom Bike Company has set up a weighted scoring matrix for evaluation of
potential projects. Below are five projects under consideration.
a. Using the scoring matrix in the following chart, which project would you rate
highest? Lowest?
b. If the weight for “Strong Sponsor” is changed from 2.0 to 5.0, will the project
selection change? What are the three highest weighted project scores with this new
weight?
c. Why is it important that the weights mirror critical strategic factors?
Ans
7. The Custom Bike Company has set up a weighted scoring matrix for evaluation ofpotential
projects. Below are five projects under consideration.
a. Using the scoring matrix below, which project would you rate highest? Lowest?
b. If the weight for “Strong Sponsor” is changed from 2.0 to 5.0, will the project selection
change? What are the three highest weighted project scores with this new weight?
Part a. Part b.
68 95
57 66
99 117
85 88
107 116
a. Rate Project 5 the highest and Project 2 the lowest.
b. Yes. The three highest are Projects 3, 5, and 1. Given the new strong sponsor weight, Project 3
becomes the first choice. However, note that Project 5 is still the near equivalent of Project 3 by
the weighting scheme.
c. It is important that the weights mirror critical strategic factors because failure to do so will cause
selection of projects that do not contribute the most to the strategic plan.
Ans
Chapter 3 – Page 91
Exercise 1 – Provide bullet point responses. No more than five points required.
5 Marks
The problem I face the most in college is that of time management. The multiple teachers have
no idea what their counterparts have assigned, what time constraints they have placed on
students, or what the other deadlines that they have given are. This certainly forces me to devote
less time to assignments, or to studying for exams, than would be most effective for me. The
system could be better managed by scheduling classes as they are in the BU Global program,
where students have only one course at a time. Or, if classes were scheduled in blocks, with
staggered start times and end times, and subsequently with staggered midterm and final exams,
students could devote their time more effectively to one subject at a time.
You work for Barbata Electronics. Your R&D people believe they have come up with an
affordable technology that will double the capacity of existing MP3 players and uses audio
format that is superior to MP3. The project is code named KYSO (Knock Your Socks Off). What
kind of project management structure would you recommend they use for the KYSO project?
What information would you like to have to make this recommendation and why?
Chapter 4 pending
Q Create a WBS that reflect going to school in Canada. From applying to going to your first
class.
10 Marks
Chapter 5 – Page 152
Exercise 1,2,3
10 Marks
1. Calculate the direct cost of labor for a project team member using the following
data:
Direct Cost of Labor: 80 x $40 = $3,200Note: Overhead costs are not included in direct cost of
labor. They are included inTotal Direct costs. So if the question asked what the “Total” direct
costs would bethen the answer would be:$3,200 + ($3,200 x .40) = $4,480
2. Mrs. Tolstoy and her husband, Serge, are planning their dream house. The lot for
the house sits high on a hill with a beautiful view of the Appalachian Mountains. The
plans show the size of the house to be 2,900 square feet. The average price for a lot
and house similar to this one has been $120 per square foot. Fortunately, Serge is a
retired plumber and feels he can save money by installing the plumbing himself.
Mrs. Tolstoy feels she can take care of the interior decorating.
The following average cost information is available from a local bank that makes loans to
local contractors and dispenses progress payments to contractors when specific tasks are
verified as complete.
a. What is the estimated cost for the Tolstoys’ house if they use contractors to complete all of the
house?
b. Estimate what the cost of the house would be if the Tolstoys use their talents to do some of the
work themselves.
Estimated savings of Serge’s plumbing work and Mrs. Tolstoy’s interior decorating:
Estimated total cost for the completed house using their talents is $299,280 ($348,000 - $48,720).
Q3. Exercise Figure 5.1 is a project WBS with cost apportioned by percentages. If the total
project cost is estimated to be $600,000, what are the estimated costs for the following
deliverables?
a. Design
b. Programming
c. In-house testing
b.If total cost estimate is off, all other costs will be off.
c.Project must be very similar to past projects for subdeliverables to be useful.
Question
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