Project Planning DUE DATE: 25 & 26 Jan 2018; DUE TIME: 15 & 18:00Hrs; TOTAL Budget: $20.00
This assignment is in 2 parts (1&2) while Part 2 is split in 2 smaller parts (A & B).
Part 1: Topic 1 DUE DATE: 25 Jan 2018 DUE TIME: 15:00Hrs GMT
Time Scheduling Techniques Visit the Library and read the article below in preparation for your Discussion Board posting. Project teams repeatedly underestimate the time needed to complete project tasks. In this paper a strategy – known as backward planning – is examined that purports to counteract optimistic scheduling bias. Backward planning involves starting a plan at the end goal and then working through required steps in reverse-chronological order, and is commonly advocated by practitioners as a tool for developing realistic plans and projections. Your PMBOK® Guide refers to this as a backwards pass when building out your network diagram.
Wiese, J., Buehler, R., & Griffin, D. (2016). Backward planning: Effects of planning direction on predictions of task completion time. Judgment and Decision Making, 11(2), 147–167.
Taking into consideration what the paper promotes as backward planning and comparing this with what the PMBOK® Guide refers to as a backwards pass, can this time scheduling techniques be used as a viable means to eliminate task overruns and in at the project level, project overruns? As a result of reading the paper and drawing from your assigned readings take a position (state your premise) that addresses these scheduling methodologies and support your position showing the situation (knowledge), an understanding of the situation (comprehension), and how it applies professionally (application). Then, analyze your premise/position with a cited reference or example showing that you have considered all aspects relating to the implementation of your premise as advantages/disadvantages (analysis). Finally, conclude with a restatement of your supported premise or a recommended course of action drawn from your analysis (synthesis) and then validate your conclusion or recommended course of action using cited references or examples not used in your analysis to avoid circular logic (evaluation).
Part 2 : DUE DATE: 26 Jan 2018 DUE TIME: 18:00Hrs GMT
You have two Assignments to submit in this part. – Assignments A & B
Assignment A:
Plan schedule management with associated resources.
This Assignment is designed to evaluate your ability to research, organize, and demonstrate project data and financial information pertaining to the development of the feasibility study within the project initiation phase. These exercises mimic actual situations one could expect to occur between the project manager and their sponsor or key stakeholders. Its assessments are directed toward measuring mastery in synthesis of information, proper classifications, critical thinking, and attention to detail, explanations, and professional acumen. Given the information provided you for your assigned rocket assembly project (See Course Resources attached):
• Construct a Resource Allocation Matrix for the labor, equipment and material allocated to your assigned rocket project.
• Construct a Gantt schedule based on the WBS activities at the task level with associated deliverable milestones for your assigned rocket.
• Construct a project Network Diagram for your assigned rocket project. You will need an evening for data collection. This will require about two hours to write up your findings. Download the appropriate templates from Course Resources to record the information found. Alternatively you can use recommended internet links in the appendix of your text for a similar template. The document you use must meet all criteria specified in the grading rubric. Fill in all sections completely using your assigned assignment scenario found in Course Resources.
1. Go to Course Resources or locate an appropriate template from the internet that meets the rubric criteria.
Using this worksheet and your assigned project, answer the sections on the worksheet.
If there are sections missing from the template for the assigned documents but required in the rubric, be sure to address them.
Upload all documents as separate files to the designated team members’ Dropbox.
2. Go to the internet and find a product description template that meets the rubric criteria. Using this worksheet and your assigned project, answer the sections on the worksheet. Upload this charter to the designated team members’ Dropbox.
3. Ensure that your project documents address the criteria of the rubric and follow the stated requirements. You have three deliverables. Be sure to upload all deliverables into this Assignment Dropbox.
Assignment Points Possible Points Earned Content (0-24 points)
1. Tool Development (Resource Allocation Matrix)
a) Contains all project WBS tasks? 8pts
b) Contains all requisite/identified labor resources?
c) Identifies method of cross-impacting labor resources to project WBS tasks?
2. Tool Development (Gantt schedule)
a) All WBS tasks depicted? 8pts
b) Each task level activity depicted with incremental bar(s)
c) Schedule relationships specified using Critical Path Method (CPM) d) Critical path correctly identified according to CPM?
3. Tool Development (Network Diagram)
a) Utilizes activity-on-node format? 8pts
b) Project divided into all task level activities with task number, task name, and predecessors identified?
c) Task level activities correctly sequenced according to precedence (reflects Gantt schedule)?
d) Critical path correctly identified according to CPM?
e) Durations for all activities correctly entered (same as Gantt durations)?
f) Forward pass correctly performed?
g) Backward pass correctly performed?
h) Float correctly calculated? i) Minimum project duration same as reflected on Gantt schedule?
Analysis (0-9 points)
Response exhibits strong higher-order critical thinking and analysis (e.g., evaluation). Paper shows original thought. 3 pts
Analysis includes proper classifications, explanations, comparisons and inferences. 3pts
Critical thinking includes appropriate judgments, conclusions and assessment based on evaluation and synthesis of information. 3pts
Writing (0-7 points)
Grammatical skills are strong with typically less than one error per page. Correct use of APA when assigned. 3pts
Appropriate to the assignment, fresh (interesting to read), accurate, (no far-fetched, unsupported comments), precise (say what you mean), and concise (not wordy). 2pts
Project is in 12-point font.
Narrative sections are double-spaced with a double space between. Project is free of serious errors; grammar, punctuation, and spelling help to clarify the meaning by following accepted conventions. 2pts
Total 40
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Assignment B:
Team Assignment:
This Assignment is designed to evaluate your ability to research, organize, and demonstrate project data and financial information pertaining to the development of the schedule baseline within the project planning phase. These exercises mimic actual situations one could expect to occur between the project manager and the sponsor or key stakeholders. Its assessments are directed toward measuring mastery in synthesis of information, proper classifications, critical thinking, attention to detail, explanations, and professional acumen. In this Assignment, you and your team will develop a Definitive Duration Estimate and a Schedule Management Plan for your assigned rocket project. You and your team have received word that your company, Space Systems Technologies (SST) does not employ the “Fitter” labor resource you will need in assembling the rocket. As a corporate policy, this skill set is outsourced as part of an agreement with the local Fitters Union to keep an open shop. All Fitter labor needs are required to be outsourced to the Fitters Union Local #1234 for all new rocket assembly projects. The SST human resources department will coordinate with the procurement office and provide the assigned rocket assembly project with the necessary Union Fitters once they receive the estimated number of labor hours required for this project. Identify your group members develop the following from your assigned Ansari “X-Prize” project entry:
• Develop a Definitive Duration Estimate for your assigned rocket project down to the work package level.
• Develop a Schedule Management Plan for your assigned rocket project.
Your team will need an evening for data collection. This will require about two hours per group member to write up your findings. Download the appropriate templates in Course Resources to record the information found. Alternatively you can use recommended internet links in the appendix of your text for a similar template. The document you use must meet all criteria specified in the grading rubric. Fill in all sections completely using your assigned assignment scenario found in Course Resources.
1. Go to Course Resources or locate an appropriate template from the internet that meets the rubric criteria. Using this worksheet and your assigned project, answer the sections on the worksheet. If there are sections missing from the template for the assigned documents but required in the rubric, be sure to address them. Upload all documents as separate files to the designated team members’ Dropbox.
2. Go to the internet and find a product description template that meets the rubric criteria. Using this worksheet and your assigned project, answer the sections on the worksheet. Upload this charter to the designated team members’ Dropbox.
3. Ensure that your project documents address the criteria of the rubric below and follows the stated requirements.
Team Assignment Rubric:
Points Possible Points Earned Content (0-30 points)
1. Tool Development (Definitive Duration Estimate)
a) Project scope (WBS) correctly entered down to work package level? 15pts
b) All labor skill sets accounted for with own column?
c) Levels of effort correctly entered at the work package levels?
d) Level of effort (in hours) correctly rolled-up (totaled) to each requisite sub-task level?
e) Sub-task totals correctly rolled-up (totaled) to each requisite task level?
f) Task level totals for each labor skill set totals to reflect total task labor hours?
g) Each labor skill set task totals tallied at bottom of each skill set column to reflect each skill set total labor for the project?
h) All labor total hours tallied to show total labor hours for the project.
i) All labor levels of effort calculated to show total labor for each increment by task?
2. Tool Development (Schedule Management Plan)
a) Scheduling methodology/Tool to be used for project schedule specified?15points
b) Level of accuracy specified to determine activity duration estimates (round up to the next 1 hour/day/month)?
c) Units of measure (hours/days/weeks/months)? d) Organizational procedures links (WBS numbering mapped to accounting numbering mapped to general ledger/budget line, etc.)?
e) Process identified for updating the status and recording of progress in the schedule tool and defined?
f) Control thresholds specified for schedule variances between planned value and actual costs (EVM variances thresholds)?
g) Rules for performance measures specified (SV, SPI, etc.) with definitions?
h) Reporting formats and frequency for schedule reports defined?
i) Process descriptions documented?
Analysis (0-11 points)
Response exhibits strong higher-order critical thinking and analysis (e.g., evaluation). Paper shows original thought. 3points
Analysis includes proper classifications, explanations, comparisons and inferences. 4points
Critical thinking includes appropriate judgments, conclusions and assessment based on evaluation and synthesis of information. 4 points
Writing (0-9 points)
Grammatical skills are strong with typically less than one error per page. Correct use of APA when assigned. 3 points
Appropriate to the assignment, fresh (interesting to read), accurate, (no far-fetched, unsupported comments), precise (say what you mean), and concise (not wordy). 3points
Project is in 12-point font. Narrative sections are double-spaced with a double space between. Project is free of serious errors; grammar, punctuation, and spelling help to clarify the meaning by following accepted conventions. 3
Applied Managerial Finanace 10 Slides 200 Speaker Notes Per Slide
The board has called a meeting to see how the new product for MM is coming along. Michelle calls you about the meeting. “I like your ideas for branding the product,” she says. “I think the board wants an overview now of the whole process we are using for developing the new product. Can you do that?” “Thanks for the comments about the branding strategy,” you say. “I tried to be creative with my approach. I’d be glad to show the board the process we are using to develop the new product.” “Great,” she says. “Why don’t you do what you did last time? The 10–15 slides that you presented worked well in the 30-minute time slot.” “In the past I’ve done similar presentations and have a format that really works. The board has been very receptive to the flow of the information and I think it will work for us for this presentation too,” she adds. “I’ll instant message the information to you after our meeting. The flow might work for you also.” “Great,” you respond. “I’ll get started on this first thing in the morning.” When you get back to your office, the instant message from Michelle is on your screen. It reads: These are the areas we need to cover in the presentation. •Idea generation •Idea screening •Concept development and testing •Marketing strategy development •Business analysis •Product development •Test marketing •Commercialization Be sure to include the information from our discussions on branding as part of the marketing strategy development phase of the process. The materials found in the M.U.S.E. may help you with this assignment. Additional information is also provided in the Lessons From Experience found at the following link: •The Language of Branding
Statistics (Math problems)
Please complete the following exercises/problems. The due date is listed on the syllabus (typically the next class period). Remember to SHOW ALL WORKto receive full credit.
For this sample of scores: 5.63, 9.87, 4.49, 7.35, 2.14, find…
n =
M =
SS =
s2 =
s =
Show all work.
For this population of scores: 20, 51, 62, 89, 12, 50 find…
N =
μ =
SS =
σ2 =
σ =
Show all work.
Week 4 Discussions
Week 4 Discussion 1
“Institutions” Please respond to the following:
· Based on the lecture and Webtext materials, address the following:
· Every country in the world is constructed around the same set of institutional frameworks that differ only in how governments manage them. Identify the specific components of an institution. Next, use two (2) examples of institutions —such as a financial system, a judicial system, or the armed forces — to illustrate what developing countries overall have done to weaken or strengthen such institutions.
Please also reply to the student
Joy Nwaneri
RE: Week 4 Discussion 1
Countries have same institutions frameworks only that their government of the structures varies. The primary components of all institutions include formal laws, regulations, frameworks, informal customs, conventions, norms, and various types of resources. However, the elements may be different at different levels for instance in a financial institution which can have a firm, regional, and a global scale: at the firm level, it constitutes financial statements, revenue and accounting measures.
The financial and military systems (armed forces) would be good examples of institutions to look into in this case. North Korea, for instance, spends nearly a quarter of its Gross Domestic Product (GDP) on the military (Chanlett-Avery et al. 333). The leader, Kim Jong-un, has always considered the nuclear program as a means of remaining in power and sustaining his regime even at the expense of the country’s economic development. The country’s military is weakened as the leader initiates various tests for his benefit and not for the country’s sake. Financial assistance from China funding the on-going missile programs in the country has been condemned by multiple officials and experts leaving the country struggling financially.
Reference:
Chanlett-Avery, Emma, and Ian E. Rinehart. “North Korea: US Relations, Nuclear Diplomacy, and Internal Situation. “Current Politics and Economics of Northern and Western Asia 23.3 (2014): 333.
__________________________________________________________
Week 4 Discussion 2
“Measuring Crime and Quality-of-Life Issues” Please respond to the following:
· Read the article titled “How Crime in the United States Is Measured”, you may also view the article at here (https://fas.org/sgp/crs/misc/RL34309.pdf). Next, compare and contrast the fundamental differences, strengths, and weaknesses among Uniform Crime Report, National Crime Victimization Survey, and the National Incident-Based Reporting System.
· Summarize the main forces that may contribute to possible civil disorder in your community. Next, propose the overall strategy for the local police/sheriff chief to prepare them on how to deal with these possible civil or violent demonstrations. Provide a rationale for your response.
Please also reply to the student
Dennis Johnson
RE: Week 4 Discussion 2
Read the article titled “How Crime in the United States Is Measured”, located here. You may also view the article at here. Next, compare and contrast the fundamental differences, strengths, and weaknesses among Uniform Crime Report, National Crime Victimization Survey, and the National Incident-Based Reporting System.
The ability to measure crimes throughout history is a difficult task and data is often incomplete. There are many reasons why the data is not completely accurate some of those reasons include; not all crimes are reported, some victims report crimes that are not real, not all crimines are solved, and not all criminals are equal (some get caught easily and others have committed crime their entire life without every being caught). These gray areas create a huge weakness in the Uniform Crime Report (UCR) and the National Incident-Based Reporting System (NIBRS). In addition, the UCR and NIBRS only reports certain crimes, they leave out drug crimes and federal offenses, which make up a good portion of crime today. Finally, the UCR and NIBRS only report the most serious crime in a case. For example, if a person is charged with robbery, kidnapping, and murder the murder is the only crime un the UCR; the kidnapping and robbery is overlooked. This is a flaw in the Unites States UCR and NIBRS as other countries recognize multiple charges in a case. Although these are all valuable tools used in law enforcement and statistics used for reference, they cannot be considered accurate or complete data.
The National Crime Victimization Survey is used to gather information from victims on crimes, particularly those not reported to law enforcement. Again, this data is incomplete, at best. A victim may or may not choose to participate in the survey, they may or may not fill the survey out properly, and they can report incidents that are not factual. As the survey is voluntary and anonymous, this data can be difficult to work with.
Summarize the main forces that may contribute to possible civil disorder in your community. Next, propose the overall strategy for the local police/sheriff chief to prepare them on how to deal with these possible civil or violent demonstrations. Provide a rationale for your response.
I live in a smaller town and we really have limited disorder. Usually, if there is civil disorder in the area it is due to disagreements and high tensions between law enforcement and the low-income areas. This is often occurring when there are media stories about incidents in other locations; and is both due to the community’s lack of respect for law enforcement and law enforcements lack of relations in the community. I think that the best strategy for law enforcement in this area to follow is to get out in the community, befriend people, be a positive presence when possible, and remain fair in all interactions. With time, the community will learn that law enforcement is on our side and everyone will be much better off (except maybe the criminals).
Approaches To Psychological Profiling
For this assignment, write a 4–5 page informative essay on the approaches to psychological profiling. In your essay, include the following.
Identify and describe four or more types of profiles. Different profiles might include the following; however, they do not need to be limited to the list below.
Types of Profiles:
Offender profiling
Victim profiling
Equivocal death profiling
DNA profiling
Crime scene profiling
Geographical profiling
Paraphilia profiling
Describe how a thorough psychological profile can be created. For example, Offender Profiling is a collection of information by law enforcement agencies, which in turn is translated into a general description of a specific type of person that might commit a certain crime. Combining Offender Profiling with Victim Profiling, personality and behavioral characteristics of the victim can be tied to a certain type of offender. When you combine both strategies, you will produce a stronger profile.
Provide an example of each profile used and show how they can be combined, using inductive reasoning, to produce a psychological profile. Inductive reasoning will take multiple thoughts to combine a specific conclusion.
NOTE: This Assignment will require outside research. Use at least three credible sources beyond the text material and discuss how you evaluated the credibility of the resources used. You may consult the Kaplan Online Library, the internet, the textbook, other course material, and any other outside resources in supporting your task, using proper citations in APA style.
In addition to fulfilling the specifics of the Assignment, a successful paper must also meet the following criteria.
Length should be 4 to 5 pages, excluding cover page and references page.
Your work should display superior content, organization, style, and mechanics.
Use examples to support your discussion.
Cite all sources on a separate reference page at the end of your paper and cited within the body of your paper using APA format and citation style.
Economic Statistics
When trying to understand the health and trajectory of an economy, why do you think macroeconomics focus on just a few key statistics? Would it be better to try to examine all possible data? Explain.
Support your post with the theories presented in the unit readings and resources, using proper APA formatted citations and references.
Resources
Discussion Participation Scoring Guide
Communicating with Technology
Describe in detail at least three instances during the course of an average week that you are required to organize, calculate, and interpret numeric data. If your average week does not generally include organizing numerical data, you may need to be creative with this part of the discussion! For each of the instances you describe, explain how the use of different technology tools might make these tasks easier and more accurate. Provide multiple examples of technology tools including:
- portable devices (cell phones, pocket calculators, tablets), desktop computers, computer networks
Discuss any ethical, legal, and security implications of using technology to create and share numerical data.
Use properly documented sources from this course or other valid outside resources to justify, support, and expand on your response.
By the due date assigned, post your initial response of at least 150 words .
student’s regression equation-mathematics
- Review the student’s regression equation (include it in your post). What is the independent variable name? (The answer is not “x” 🙂 What is the dependent variable name? Choose any other value for the independent variable (represented by the letter x in the equation) and plug that value in to solve for an estimate of the dependent variable (y in the equation). Show all steps and work.
- Review the correlation (r value) that the student calculated between the two variables. Is this correlation strong, medium, or weak and why? Based on the correlation strength, do you think that the regression equation will offer a fair estimate? Why or why not?
Discussion—Implementing a Data Management System
Assignment 1: Discussion—Implementing a Data Management System
With the implementation of business analytics, an organization will also need to implement a good information systems plan in order to collect, manage, and organize all of the data. Not only is an information system needed, but the data has to be organized in a structured way otherwise any queries will produce bad results. This could be catastrophic for an organization because managers would be making decisions based on bad data. To make sure that the query generates good reports, you need to think about how to best organize data for each of the markets you are exploring.
Using the online library resources and the Internet, research ways of optimizing data organization.
Respond to the following:
- An organization does not have a good Management Information System (MIS) in place to help manage all of their data. What are some of the possible problems this could cause for decision makers?
- Assume you are going to conduct some research in the field of toy making. What are some of the items for which you would want to collect data? For example: market trends in toy making, latest sales nationwide, etc. How would these pieces of data help the company to determine what toy to release for the holiday market?
- With the implementation of an MIS for decision making, what would be some of the concerns related to ensuring that the organization can support the system? Would you control access to the system? Would there be someone to keep the data structures updated? Be sure to explain your ideas when answering these questions.
- Why would an organization want to create an implementation plan for the integration of a MIS? Is this something that needs to be well thought out and, if so, why?
Write your initial response in 300–500 words. Apply APA standards to citation of sources
FINANCE & ACCOUNTING – SENIOR ACCOUNTANT ANALYSIS
FINANCE & ACCOUNTING – SENIOR ACCOUNTANT Analysis
Due Date: Week 5
Note: While representative of possible situations faced by SunsTruck Sunglasses, all scenarios in this assignment are fictional.
Real Business
Large discount retailers like Target and Walmart employ large teams of Finance and Accounting professionals to help measure and understand the financial health of the business. Financial and accounting information helps these businesses make educated financial decisions, such as whether or not to continue partnering with a retail supplier. While often smaller businesses, it is equally important for these retail suppliers to use financial and accounting data to make educated decisions, such as the best approach to gaining additional funding.
Your Role
This week, you’ll assume the role of Senior Accountant with SunsTruck Sunglasses.
| What Is a SENIOR ACCOUNTANT? Senior accountants take ownership of reporting costs, profitability, margins and expenditures for a given business. They use the principles of accounting to analyze sales information, create financial reports, make recommendations about the financial health of the company, and more. They are also responsible for training junior accounting staff. |
For the last six months, SunsTruck has partnered with the discount retail store to run a pop-up sunglasses stand in their stores for a big summer promotion. Due to the high customer purchase rate, the store has requested stock for five additional stores. SunsTruck needs to increase its capacity to meet the additional demand. In order to do so, SunsTruck needs additional money.
In this assignment, you will need to help determine which type of financing option is best for your company and train your junior accountants on the accounting cycle and financial statements.
Instructions
Step 1: FINANCING
The junior accounting team has assembled a Financing Report that (a) offers three options for securing the additional funds required to meet the new order; and (b) details the criteria Shaun, the owner of SunsTruck, would like you to consider when choosing one of the three options. Based on this report:
· Identify which financing option you think is the best option for SunsTruck to pursue given Shaun’s constraints. Underline your selection:
Option 1: Equity
Option 2: Debt
Option 3: Debt + Self-Financing
Explain the rationale for your decision.
Note: You should complete Steps 2 & 3 after reading the material in Week 5.
Step 2: ACCOUNTING CYCLE
A junior accountant is working to get everything in order for the new financing and has come to you with a question about what do next in the accounting cycle.
· Read the email the junior accountant sent you and identify the best next step to take in the accounting cycle. Explain your reasoning.
Step 3: FINANCIAL STATEMENTS
A potential investor has been identified, but before it is willing to commit, it has requested information about SunsTruck’s current debt from the junior accountants.
Identify the correct financial statement for your junior accountants that will provide the investor with the information it has requested. Underline your selection:
Income Statement
Balance Sheet
Cash Flow Statement
Explain to your junior accountants why you are giving them this financial statement and where the debt information is located.
Step 4: FINANCIAL ANALYSIS
If you were the type of financier selected in Step 1, would you invest in SunsTruck? Explain the rationale for your decision.
1 BUS100: INTRODUCTION TO BUSINESS
