Reflect on the assigned readings for Week 4 and then type a two page paper regarding what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding.  Define and describe what you thought was worthy of your understanding in half a page, and then explain why you felt it was important, how you will use it, and/or how important it is in project planning. 


Problem Set #4

1. Go online and find at least two sites with definitions of fast tracking and crashing a project schedule.

  1. Prepare proper reference citations for the sites you located, using APA style.
  2. In your own words, write definitions for project fast tracking and project crashing.
  3. Consider the plan you prepared for the software system testing project in question 1 above. If you were informed by management that you must reduce the planned duration of the project by five days, describe how you, as a project manager, could crash or fast track this project. Be specific in identifying exactly what could be changed in the project plan for each option.
  4. (continuation of question 2.3) If the request to speed up the project occurs after day 25 of the original schedule, what is the only option available?

2. Go online and research the difference between total slack and free slack.

  1. Prepare proper reference citations for the sites you located, using APA style.
  2. Write definitions of total slack and free slack in your own words.
  3. Why would the distinction between different forms of slack be important to a project manager?

3. A project to put on a major international sporting competition has the following major deliverables: Sports Venues, Athlete Accommodation, Volunteer Organization, Security, Events, and Publicity (which has already been broken down into pre-event publicity and post-event publicity.) Prepare a WBS for any single major deliverable on the list. Remember the 100 percent rule, and number your objectives.

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