SWE-401 SPM 2018 Batch Software Project Management Assignment # 03 Question # 01: Consider the following table for the details of project. Activity A B C D E F G H I J K a) b) c) d) Description Develop product specifications Design manufacturing process Source & purchase materials Source & purchase tooling & equipment Receive & install tooling & equipment Receive materials Pilot production run Evaluate product design Evaluate process performance Write documentation report Transition to manufacturing Optimistic time 2 3 2 4 12 2 2 2 2 2 2 Most likely time 4 7 3 7 16 5 2 3 3 4 2 Pessimistic time 6 10 5 9 20 8 2 4 5 6 2 Construct the project Network. Find the expected duration and variance of each activity. Find the critical path and expected Project Completion time. What is the probability of completing the project on or before 48 weeks? Question # 02: Your actual cost is 155 and your earned value is 170. What is your cost variance? Calculate the estimate at completion based on the current cost performance index for the followi ng situation: AC=1150; EV=1000; BAC=2000 Question # 03: Discuss the common sources of risk on information technology projects and suggestions for managing them. Explain how to use decision trees and Monte Carlo analysis for quantifying risk. 1 SWE-401 SPM 2018 Batch Question # 04: Define your organization and importance of the project. Nominating an organization of your choice who’s operating in disciple of construction/ management/ Marketing/Technology. Nominate a suitable project (for example road development, sub divisional development, power station, an ERP establishment, installation, maintenance, surveying, etc.) Prepare a Project scope statement for your project Create a list of activities and it duration for the project Incorporate a list of resources required for each activity listed Cost estimation: The estimated cost for developing and managing the entire project should include the infrastructure costs of project including salary, hardware, software and other cost which you think possible. Draw a Gantt chart to schedule the entire project Question # 05: Answer these questions in detail with examples: Which process group includes the process Perform Integrated Change Control? An input to the Monitor and Control Project Work process is Work Performance Informat ion. Which process provides that input? A Perform Integrated Change Control input is Change Requests. Which project managem ent process creates change requests? Which project management process creates schedule forecasts as an output? What is the difference between Critical Path and CRITICAL CHAIN path method Explain in critical chain method, what are the sources of time losses in Project. 2 SWE-401 SPM 2018 Batch Assignment Guidelines You are required to answer all of the questions mentioned above in detail with references. You will be graded according to the amount of research you have conducted which will be reflected by your answers of the questions above. You are NOT required to submit a hard copy. Submit your assignment on VLE, as you submitted last final exam copy. Submitting the assignment in Doc read only OR pdf format is highly recommended. Cheating, copying, copy pasting of the assignment will result in penalty or deduction of marks. Course instructor will check plagiarism on your assignment. If your assignment has more than 20%, plagiarism marks will be deducted. You can check your assignments for plagiarism by using https://www.turnitin.com/ or any other online tool of your choice. Your assignment should be highly formatted with Headings, Table of contents and title on figures, tables if you are going to use any of that. Your assignment will be scored according to better presentation of your assignments. Your assignment should be named according to the following format.”Roll No_Full student ID.pdf” 3