ieng300 assignment # 4 solution

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 IENG300 Engineering Project Management Page 1  Lebanese Internatio nal Uni versity School of Engineering Department of Electrical Engineering Spring 2012 IENG300 – Engineering Project Management Assignment 4 Solution Instructor: Dr. Bassam Hussein Due Date: Week 11 Exercise 10.2: Codes of ethics are pretty instrumental in providing guidance to the members of particular  professional soc iety. PMI is o ne o f those societies a nd its members are professional project managers. Codes of ethi cs play the f ollowing roles in general: o Serve & protect the public. o Provide guidance. o Offer inspiration. o Establish shared standards. o Support responsible professionals. o Contribute to education. o Deter wrongdoing. o Strengthen the image of the engineering profession Adhering to the guidelines provided will constitute a behavior that is most probably ethical and not doing so would be considered as unethical. Based on those guidelines, appropriate and inappropriate behavior may be correlated accordingly. Exercise 10.5 This exercise is designed to illustrate the notion of relationship building through exchange. Many scenarios are possible h ere. The key here is to assess y our current bank account in that relationship and what kind of influence currencies would be appropriate for building a stronger rel ationship. You may vi ew rel ationships in terms of transactions. You should be encouraged to experiment with this concept and see how useful it is.

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Page 1: IENG300 Assignment # 4 Solution

7/21/2019 IENG300 Assignment # 4 Solution

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IENG300 – Engineering Project Management Page 1

 Lebanese International University

School of Engineering

Department of Electrical Engineering Spring 2012 

IENG300 – Engineering Project Management

Assignment 4 Solution

Instructor: Dr. Bassam Hussein Due Date: Week 11 

Exercise 10.2:

Codes of ethics are pretty instrumental in providing guidance to the members of particular professional society. PMI is one of those societies and its members are professional projectmanagers. Codes of ethics play the following roles in general:

o  Serve & protect the public.o  Provide guidance.o  Offer inspiration.o

  Establish shared standards.o  Support responsible professionals.o  Contribute to education.o

  Deter wrongdoing.o

 

Strengthen the image of the engineering profession

Adhering to the guidelines provided will constitute a behavior that is most probably ethicaland not doing so would be considered as unethical. Based on those guidelines, appropriateand inappropriate behavior may be correlated accordingly.

Exercise 10.5

This exercise is designed to illustrate the notion of relationship building through exchange.Many scenarios are possible here. The key here is to assess your current bank account in thatrelationship and what kind of influence currencies would be appropriate for building astronger relationship. You may view relationships in terms of transactions. You should beencouraged to experiment with this concept and see how useful it is.

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IENG300 – Engineering Project Management Page 2

Exercise 11.2

This exercise is designed to choose a decision making method to fit the situation. Youshould first privately select what you consider the appropriate decision-making method thatshould be used. Different approaches may be used and there may always be a debateregarding differences in opinion.

Casino Night: Make decision on your own. You have sufficient information and anticipateno disagreement over the choice.

Trysting Tree Golf Club: Consult with others. While you have sufficient information tomake a decision to insure support for the decision it is wise to share ideas with relevant

stakeholders before making the decision.

New Product Development: Call a meeting a reach a consensus. You do not havesufficient information to make a decision and it is critical that the team support the decision.

At the end of the exercise, it is useful to review the conditions in which group consensusshould and should not be used.

Exercise 13.3

The project appears to be doing nicely. In both periods 4 and 8 the cost variance is positive — +$300 and +$400, respectively. This suggests a pattern of good cost variance that isunder budget.

The schedule variance is also positive — +$300 and +$400 for period 4 and period 8. SinceTask D is already 25% complete, Task B must have been completed at least one period early.

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IENG300 – Engineering Project Management Page 3

End of Period 4

TaskActual % EV AC PV CV SVComplete $ $ $ $ $

A Finished 400 300 400 +100 0

B 50% 1200 1000 800 +200 +400C 33% 500 500 600 0 -100D 0% 0 0 0 0 0E 0% 0 0 0 0 0Cumulative Totals  $2100  $1800  $1800  $+300  $+300 

End of Period 8

TaskActual % EV AC PV CV SVComplete $ $ $ $ $

A Finished 400 300 400 +100 0B Finished 2400 2200 2400 +200 0

C Finished 1500 1500 1500 0 0D 25% 400 300 0 +100 +400E 33% 300 300 300 0 0F 0% 0 0 0 0 0Cumulative Totals  $5000  $4600  $4600  $+400  $+400 

 Note: Completion of the answer sheet requires constant reference to the baseline figure.

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IENG300 – Engineering Project Management Page 4

Exercise 13.6

After 6 time periods the project is roughly 66% complete and so far work on the project hastaken 1,600 hours less work than planned. There is 400 hours worth of work on Activity 4which was suppose to have been done that has not done. Since Activity 4 is on the critical path, the project is behind schedule. If schedule is the number priority, the project managermay want to consider investing some of the savings on accelerating critical activities.

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IENG300 – Engineering Project Management Page 5

Status Report: Ending Period 1

Task % Complete EV AC PV CV SV1 50% 1000 500 1000 +500 0Cumulative Totals  1000  500  1000  +500  0 

Status Report: Ending Period 2Task % Complete EV AC PV CV SV1 Finished 2000 1500 2000 +500 0Cumulative Totals  2000  1500  2000  +500  0 

Status Report: Ending Period 3Task % Complete EV AC PV CV SV1 Finished 2000 1500 2000 +500 02 0% 0 0 1600 0 -16003 10% 300 200 500 +100 -2004 20% 500 500 1000 0 -500

Cumulative Totals  2800  2200  5100  +600  -2300 

Status Report: Ending Period 4 

Task % Complete EV AC PV CV SV1 Finished 2000 1500 2000 +500 02 50% 1200 1000 2400 +200 -1200

3 30% 900 800 1000 +100 -1004 40% 1000 1500 2000 -500 -1000

Cumulative Totals  5100  4800  7400  -300  -2300 

Status Report: Ending Period 5Task % Complete EV AC PV CV SV1 Finished 2000 1500 2000 +500 02 Finished 2400 2000 2400 +400 03 50% 1500 800 2000 +700 -5004 60% 1500 1500 2200 0 -7005 25% 400 400 400 0 0

Cumulative Totals  7800  6200  9000  +1600  -1200 

Status Report: Ending Period 6Task % Complete EV AC PV CV SV1 Finished 2000 1500 2000 +500 02 Finished 2400 2000 2400 +400 03 80% 2400 2100 2300 +300 +1004 80% 2000 1800 2400 +200 -400

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IENG300 – Engineering Project Management Page 6

5 50% 800 600 800 +200 0

Cumulative Totals 9600 8000 9900 +1600 -300

IndexesPeriod  SPI CPI PCIB

1 1.00 2.00 .072 1.00 1.33 .14 SPI = EV / PV3 .55 1.27 .19 CPI = EV / AC4 .69 1.06 .35 PCIB = EV / BAC5 .87 1.26 .546 .96 1.20 .66

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IENG300 – Engineering Project Management Page 7