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INF 337 Innovative Education--snaptutorial.com

For more classes visit www.snaptutorial.com Importance of Cost Management. The entire content of this course is to understand and be aware of costs and value in a project. Express one particular cost issue that you have seen as a project manager or team member
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Title: INF 337 Innovative Education--snaptutorial.com 1 INF 337 Innovative Education--snaptutorial.com 2 INF 337 Innovative Education--snaptutorial.com INF 337 Week 1 DQ 1 Importance of Cost Management For more classes visit www.snaptutori al.com   Importance of Cost Management. The entire content of this course is to understand and be aware of costs and value in a project. Express one particular cost issue that you have seen as a project manager or team member that affected the project either positively or negatively 3 INF 337 Innovative Education--snaptutorial.com INF 337 Week 1 DQ 2 Scope Management and Changes For more classes visit www.snaptutorial.com   Sco pe Management and Changes. A fundamental topic for the success of a project is the management of scope. The original scope of a project has cost assumptions to ensure project success. Provide a specific example from your experience or from examples in the text where a change in scope can impact the project 4 INF 337 Innovative Education--snaptutorial.com INF 337 Week 1 Quiz For more classes visit www.snaptutorial.com   1.The creation of a WBS can be done by the top down approach or bottoms up approach   2. Because they consume resources, costs are often reported at which level of the WBS?   3. The creation of a WBS can be done only by the bottoms up approach 5 INF 337 Innovative Education--snaptutorial.com INF 337 Week 1 Work Breakdown Structure For more classes visit www.snaptutorial.com   Work Breakdown Structure. See page 33 of the text for a graphic example of a work breakdown structure (WBS) hierarchy. Create a three level product-based WBS from a project you have managed or have experience with as a team member and present a graphic representation of your WBS hierarchy. 6 INF 337 Innovative Education--snaptutorial.com INF 337 Week 2 DQ 1 Problems with Cost Estimation For more classes visit www.snaptutori al.com   Problems with Cost Estimation. The text provides five specific areas or reasons that cost estimation seems to occur. Describe a project that you have been involved with where at least one of these factors occurred. How would you improve the cost estimation method with the knowledge you have gained in the reading this week? Respond to at least two of your classmates postings. 7 INF 337 Innovative Education--snaptutorial.com INF 337 Week 2 DQ 2 Cost Baseline and Time Phased Budgets For more classes visit www.snaptutorial. com   Cost Baseline and Time Phased Budgets. The ability to plan an effective budget is critical to the understanding of planned and actual costs in a project. The only way to understand both schedule performance and the accuracy of the budget is to create a baseline. Use your text reading and the ProQuest 8 INF 337 Innovative Education--snaptutorial.com INF 337 Week 2 Quiz For more classes visit www.snaptutorial.com   1. Tops down budgeting utilize the judgment and experience of a top management team   2. The relationship between cost and time are linear.   3. In which phase of the project has the highest potential for errors in estimates? 9 INF 337 Innovative Education--snaptutorial.com INF 337 Week 3 DQ 1 Earned Value Fundamentals For more classes visit www.snaptutorial.com   Ear ned Value Fundamentals. Describe the linkages of the work breakdown structure and the time-phased budget to arrive at an earned value analysis. What is the impact on earned value if the cost estimation is significantly lower because of low estimates or specification changes in the project? Provide examples of projects you have been involved with or read about that may have had this problem. Respond to at least two of your classmates postings. 10 INF 337 Innovative Education--snaptutorial.com INF 337 Week 3 Problems For more classes visit www.snaptutorial.com   Earned Value Problems. Of the three problems below, choose and solve one problem. Show your work. Along with your answer define each term and explain the significance (meaning) of the solution. 1. During a project, Earned Value Analysis is performed and gives the following numbers EV 523,000 PV 623,000 AC 643,000. 11 INF 337 Innovative Education--snaptutorial.com INF 337 Week 3 Quiz For more classes visit www.snaptutorial.com   1. Project evaluation and control measures project progress and performance against a project plan to ensure that the project is completed on time, within budget and   2. The 0/100 rule can have an activity that is 50 complete.   12 INF 337 Innovative Education--snaptutorial.com INF 337 Week 4 DQ 1 Concept of Value For more classes visit www.snaptutorial.com   Concept of Value. Read the Forbes article, Why Value Propositions Are Important (And How to Create Them). Based on the content presented in the article, describe a project that you have been involved with, or read about in a business article, that had a clear value proposition for the strategic goals of the organization. 13 INF 337 Innovative Education--snaptutorial.com INF 337 Week 4 Quiz For more classes visit www.snaptutorial.com   1. A key factor when making decisions about risk is probability   2. Which of these attributes is part of the group positive human dynamics?   14 INF 337 Innovative Education--snaptutorial.com INF 337 Week 5 DQ 1 Causes of Change For more classes visit www.snaptutorial.com   Causes of Change. Choose any four causes of change within a project in table 9.1 in the text. Provide a project example and scenario, and describe the impact of each change. Was there a level of change control in the project examples that tracked ownership, documentation and approval of these changes? Respond to at least two of your classmates postings. 15 INF 337 Innovative Education--snaptutorial.com INF 337 Week 5 DQ 2 Change Control System For more classes visit www.snaptutorial.com   Change Control System. The identification of all changes to a project is only the first step for ensuring a control system is in place. Describe the detailed steps you would implement for your project to ensure an entire change control process is in place. Consider the following topics in your answer documentation, analysis, approval and implementation. Why is the baseline configuration important to this topic? Respond to at least two of your classmates postings. 16 INF 337 Innovative Education--snaptutorial.com
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