Sol. 1.
Among many available activation techniques in project management, the bottom-up estimation technique has been used with this project to develop the program for the marketing strategy plant for 2018. In bottom-up estimation technique, a detailed WBS structure is developed like in this case and at the work package level or in the activity level inputs like duration, resource and cost are entered to develop the overall rolled up aestivation based on the estimation provided at the bottom most level (Crump, 2015).
Sol. 2.
After the original schedule predecessor are entered in MS project from the Microsoft Excel, the original project schedule finish date for task 1 obtained is July 24, 2018. And the original schedule finish date for task 1.1 obtained is May 16, 2018.
Sol. 3.
In task 1.1.11: The conflict in the schedule has been developed due to the over allocation of many resources which are required to complete this activity. The overallocated resources are marketing manager, product marketing, and subject matter expert.
In task 1.1.12: In this activity, a conflict in schedule has occurred due to the overallocation of the resources name marketing manager, product marketing, and subject matter expert.
These resources have caused a conflict with the schedule because they become over allocated for each number of resources for doing the job, and has become less than the activity requirement duration, which are more. Hence the allocated resources are becoming insufficient to complete those activities and it is showing as a conflict in the MS project schedule.
Sol. 4.
|
Activity |
Task 1 |
Task 1.1 |
Task 1.2 |
|
Finish date before fixing conflict |
Tue 24-07-18 |
Wed 16-05-18 |
Tue 24-07-18 |
|
Finish date after resource levelling |
Tue 07-08-18 |
Thu 17-05-18 |
Tue 07-08-18 |
From the above table we can observe that rescheduled finish date for all three tasks 1, 1.1 and 1.2 has got changed from its original dates before fixing the conflict, it is so because the over allocated resources were also allocated for these tasks. so, once the overallocation is removed by Distributed the man-hours of the resources by allowing the finish date to expand, all the activities for which the resources were a constraint has got extended from its original date of finish
Sol. 5.
The task 1.1.13 is a ‘Milestone’, because it has zero (0) duration and it is just an indication of the completion of the ‘Business Strategy Landscape Review’ WBS. The Milestones are not actually the activity these are the event completion or start date. milestone neither consume any resources for any duration or cost of occurring. It only shows the date of some accumulated activities.
Sol. 6.
The Baselining of a project means to store the data regarding time, cost and dates which are already agreed among the stakeholders, so that the performance can be measured during the execution phase to control the project’s future (Russell, 2018). By doing the baselining of a project, all the activities which are planned according to the baseline project can be tracked with respect to the resource utilisation the cost efficiency at the all sort of variances related to resource and cost. Even the earned value analysis can be done by using this baseline to predict the future outcome of the project.
Sol. 7.
The overallocation is showing because both the activity 1.1.10 and 1.1.11 shares the same resource ‘Marketing Manager’ and by providing ‘Lead’ in the relationship, the resource became constraint.
It can be solved by levelling the resource ‘Marketing Manager’ either by allowing to extend the finish date or reducing the working hours.
Sol. 8.
|
IDs |
WBS |
On Critical Path |
Slack Time (in Days) |
|
ID3 |
1.1.1 |
Yes |
0 |
|
ID4 |
1.1.2 |
No |
1 |
|
ID5 |
1.1.3 |
No |
4 |
Sol. 9.
The time by which the activity can be delayed without impacting the completion date of the overall project is called the slack time. It is the extra time available with the activity by which it can be delayed.
Sol. 10.
The scheduled cost of developing the ‘Marketing strategy for 2018’ is $46,016.00 and the cost for two sub deliverables ‘Review Business Strategy Landscape’ is $22,216.00 and for ‘Develop Campaign Concepts’ is $23,800.00. It is calculated using the bottom-up estimation method.
Sol. 11.
No, by doing any concurrent task, the resources utilisation are going to be same to complete the activities, and so no scheduled cost can be decreased by conducting concurrent activity.
Sol. 12.
This risk could have been avoided by pre analysing the outcome, if the SME is pulled for some other activity. This could have already shown the outcome, prior to making the changes. This is so, the risk analysis and it outcome are required to be planned and managed before actually doing the work. It is the whole responsibility of the ‘Project manager’ to take care of the resources and their allocation schedule to avoid such delay.
Sol. 13.
No, the delay on activity 1.1.3 has not affected the completion date of the project and its successor deliveries. it is because the activity was having a total slack of 5 days, but the activity could be completed within 3 days with respect to what day as per schedule. so even though the activity was delayed by 2 days but since it was having a total slack off 5 days so it did not affect the successor activity at the completion date of the project.
Sol. 14.
The Resource Stat Graph shown above is showing the blue colour as actual work, the brown colour is remaining work and the light black line as the baseline work. the above figure shows that the marketing manager this subject matter expert and product marketing are the three resources which are being utilised till now. Out of these 3 resources only the marketing manager has been utilised properly as per the schedule resource plan, also the balance resources this subject matter expert and the product marketing has been remove from the project to another project and so it has impacted the overall project activity. Now the requirement of subject matter expert at product marketing has gone above the baseline work. So, the additional resources of subject matter expert at product marketing are required to be mobilise to bring back the schedule as per baseline.
Sol. 15.
The remaining work for marketing manager is showing 328 hours, which is equivalent to 41 days.
Sol. 16.
With refer to the above graph it can be observed that the marketing manager resource has the maximum capital cost in the project budget.
Sol. 17.
It is the resource marketing manager who has the highest baseline cost. As we can see from their cost overrun report that the marketing manager has a baseline cost of $22,080.
Sol. 18.
No, I don’t think it is a final cost of the resource, because the final cost will depend on the resource utilisation. if the case of marketing manager would also become like subject matter expert at product marketing where the actual cost has gone above the baseline cost due to their relocation from one project to another. Similarly, in future if such event happened sweet a marketing manager resource that the cost of marketing manager resource cost can also go up above the baseline cost. It is the responsibility of project manager to shuffle the resources but without impacting on the overall cost of the project so that the overall cost of the project should not get hampered.
References
Crump, K. (2015, April 16). 5 Methods of Project Estimation. Retrieved April 25, 2018, from www.liquidplanner.com: https://www.liquidplanner.com/blog/5-methods-of-project-estimation/
Russell, L. (2018). 3 Main Benefits of Project Baselining. Retrieved April 25, 2018, from www.projectsmart.co.uk: https://www.projectsmart.co.uk/3-main-benefits-of-project-baselining.php
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