MGT150 AssignmentsWorkbook

UMT
University of Management and Technology
MGT 150. Project Management
Course Assignments

Assignment 1
·
·
·

Bottom-up cost estimating exercise (Module 3, pp 19-20)
Parametric cost estimate exercise (Module 3, pp. 43-44)
For the table below o Create a PERT/CPM chart o Compute project duration o Compute Latest Start, Earliest Start, and Float (Slack)

Task

Predecessor

A
B
C
D
E
F
G

Start
A,D
B
Start
D
Start
F

·
·

Duration
(in days)
6
8
10
7
12
12
12

Latest start Exercise 3-2 (Module 3, p. 61)
Exercise 3-3 (Module 3, pp. 63-64)

Earliest start Float
(slack)

UMT

2

Assignment 2
Following are cost and schedule data for a project that is underway.
Month
1
Planned 30
Actual
10

2
35
25

3
42
47

4
46
55

5
40
52

6
52
54

7
45
50

8
48
58

9
50

10
40

11
30

12
15

Project Cost Data
Task

Planned start

A

Beginning
Month 1
Beginning
Month 2
Beginning
Month 4
Beginning
Month 6
Beginning
Month 8
Beginning
Month 10

B
C
D
E
F

Planned
Duration
2 months
3 months
3 months
5 months
4 months
3 months

Actual start
Beginning
Month 2
Beginning
Month 3
Beginning
Month 5
Beginning
Month 7
Not yet begun Not yet begun Actual
Duration
2.5 months
4 months
3.5 months
2 months so far

Project Schedule Data
1. Using the cost data in the cost table above, create a cumulative cost curve comparing actual versus planned costs (Note: with the cumulative cost curve
– also called the S-curve – you must cumulate the cost data. See More Info,
Module 3, p. 53.)
2. Using the schedule data in the schedule table above, create a Gantt chart comparing actual versus planned schedule performance
3. Summarize in words what you see project status to be at this time. What do you predict regarding the final cost and final schedule for the project? Note, by looking at the schedule and cost day simultaneously, you are engaging in integrated cost/schedule control.

Ó2007-2008 University of Management and Technology

MGT150

UMT

3

Assignment 3
Following are data reporting progress on a