devry mgmt404 week 4 quiz

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Question 1. 1. (TCO 1) Before one can begin writing a charter, one must consider the most appropriate organization for the project. You are the project manager for a company that integrates custom data solutions for large corporate enterprises. This project will span two or three years and will cost tens of millions of dollars. This is a large, very involved project. Which of the five organization structures is most suitable? Why? (Points : 20)

Question 2. 2. (TCO 2) You are reaching the end of your graduate school program and are planning a large party to celebrate your success! You have rented out the local forest preserve as the venue for your party. Applying your project management skills, you want to ensure you have everything planned out and you’ve asked your family and friends to be a part of your team to hold this party. At your party, you have made it clear to your team what you want to have delivered. After all, it’s your party— you can have whatever you want! Some of the key items you want at your party include

· graduation announcements;

· party invitations;

· live entertainment;

· games (for adults and for children);

· food;

· beverages; and

· convenience for all (parking, restroom facilities, etc.).

Part 1: To ensure you have a clear scope for your team, create a 2-level WBS. Don’t forget to include your WBS numbering (15 points).

Part 2: In your WBS, how many work packages have been created? (5 points) (Points : 20)

Question 3. 3. (TCO 3) Compare and contrast crashing and fast tracking as a means of schedule compression. (Points : 20)

Question 4. 4. (TCO 5) A firm hosts eCommerce transactions for other companies. The firm processes credit purchases supporting most major credit cards and is known as an inexpensive alternative to other larger competitors. The firm is deploying new security software that is state-of-the-art for eCommerce. It should increase security while speeding up transactions because of the new security algorithms.

Part 1: List and discuss the major risk management functions from a project management perspective for the eCommerce project. (15 points)

Part 2: Describe a positive and negative risk event, the related consequences, and the risk response plans for the eCommerce project. (5 points)

(Points : 20)

Question 5. 5. (TCO 9) Compare and contrast the development of a WBS in traditional project management versus development in an agile environment. (Points : 20)