IT Project Management

MS Project Assignment

The POM+ Project

1.1 Part 1
7. Based on this schedule, submit a memo that answers the following questions:

a. When is the project estimated to be completed? How many working days will
it take?
Project is estimated to be completed by 07/13/2016 within 135 working days
b. What is the critical path?
1- Need survey => Set product specs => Shelf life report => Secure fruit
suppliers =>
Production Trials => Quality Trials => Quality Metrics => Quality Training =>
Prepare product Launch
2- Need survey => Set product specs => Equipment Rehab => Production Trials
=> Quality Trials => Quality Metrics => Quality Training => Prepare product
Launch

c. Which activity has the most total slack?

Select distributors (50 days)
d. How sensitive is this network?
The project has more than one critical path (2).

e. Identify two sensible milestones and explain your choice.

1.2

Set products specs : it is a burst activity, 3 new activities are created after the completion
of this activity : activities 5, 6 and 9
Production Trials It is a merged activity, it is precedent of 2 activities (7 and 9)

Part 2

Prepare a memo that addresses the following questions:

1. Which if any of the resources are over allocated?
Marketing Staff, R&D and Legal Staff are over allocated without levering.
2. Assume that the project is time constrained and try to resolve any over allocation
problems by leveling within slack. What happens?
The Marketing staff and Legal staff over allocation problem is solved, however, R&D cannot
be solved. There were not enough resources for non-critical activities to absorb the demand
for the resource.
3. What is the impact of leveling within slack on the sensitivity of the network?
The sensitivity of the network is increased. The slacks are reduced which lead to loss of
flexibility. The probability of activities delaying the project is increased because of the slack
creates more critical paths.
4. Assume the project is resource constrained and resolve any over allocation problems by
leveling outside of slack. What happens?
The end date of the project has changed. The working days have increased to 140 days.
The critical also changed.

1.3

Part 3

Prepare a brief memo that addresses the following questions:

1. How much will the project cost? What is the most expensive activity?
The total project cost is $1,806,200.00 and the most expensive activity is Equipment rehab
$564,000.00. These costs are all labor related cost only.

2. What does the cash flow statement tell you about costs are distributed over the life span
of the project?

Cash flow statement shows monthly activity cots for you project.
1.4

Part 4 A

Your status report should also address the following questions:

1. How is the project progressing in terms of cost and schedule?
With the projects duration increasing in certain points we had to allocate more money to
those specific projects, this set our total cost higher than it should be. We are anticipating
being over budget by $111,000 and we still need $1,308,000 to finish. We are 29% done
with the project time wise; as it stands we are 1week behind schedule and our new
duration is 140 days
2. What activities have gone well? What activities have not gone well?
Activities that went well were only needs survey after that each project was started late.
Budget wise we were on budget for our shelf life report, and also under budget for our
nutritional report. Set product specs, shelf life report, nutrition report and equipment rehab
were all started late. On the cost side of things we were over budget on needs survey, and
set product.
3. What do the PCIB and PCIC indicate in terms of how much of the project has been
accomplished to date?
After calculating both the PCIB and the PCIC we see that the project is only 29% completed
4. What is the forecast cost at completion (EAC)? What is the predicted VAC?
The forecasted EAC is $2,074,444.42
The predicted VAC is $268,244.42
5. Report and interpret the TCPI for the project at this point in time.
It is telling us we need to be 107% efficient then we can get back to our budget.
6. What is the estimated date of completion?
July 27, 2012
7. How well is the project doing in terms of its priorities?
Since cost was our first priority I will say that so far we are over budget
And current schedule is behind if we compare against the initial baseline.