Managing Projects

SIM335 Managing Projects
Faculty of Business and Law
Level: 3 Assignment codification: SIM335 Issue date: Friday 14th May 2010 Contri exclusivelyion to module assessment: 100% This is an individual assignment - complete both(prenominal) tasks 1 and 2 Background: The assignment is intended to lend out the benefits and limitations of different approaches to project planning and control by relating these to the circumstances in the cases outlined. It is also intended to allow students to question their learning and competence in respect of the management of resources generally, but in expositicular elements of time, finance and human resource. Case 1: Watchwell Ltd is an organisation which provides saleable products to the fitness industry. These products include: drinks bottles, stopwatches, and sportswear. As part of your job as the Watchwell Ltd special projects manager, you have produced a diagnose of activities that need to be addressed to supply a modern range of sports footwear to the sector. The details are shown in the dining table provided. Please note: You must use the methodology detailed above table 1 headed essential methodology. job 1 (40% marks) 1) Draw the network diagram (use activity on the node). (8 marks) 2) beg off how you fixed the timing of activities and the total float.



(6 marks) 3) Explain how you determined the project duration and the critical path. (6 marks) 4) If the project starts on the Monday 6 September 2010 , what is the earliest date it can be finished using a 5 day working workweek? Assume no other holidays (explain how you calculated the figure). (4 marks) 5) If the following happened what would be the effect on the duration of the whole project? Explain the reasons. (6 marks) a) A 1 day delay during activity C. b) exertion G is delayed 1 day. c) A 2 day delay during activity R. 6) Explain and discuss the purpose of net income diagrams. (10 marks) Module: SIM335 Managing Projects Module Leader: Michael Cassop-Thompson Return date: Friday 9th July 2010

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