-~~?.~~.!..':':'.~.~-~-~~~~':':'.~~~.::.~~~~~~~--~-~-~~.::."!}.~!.~.. ~.~~-~.... Part 1: Defnng schedules (10 Descrbe the followng terms as used n schedulng projects. 1.1 Crtcal path 1.2 Slack tme or float 1.3 Resource levellng 1.4 Budgeted cost of work performed 1.5 Budgeted cost of work scheduled 1.6 Actual cost of work performed 1.7 Project baselne 1.8 Status reportng 1.9 BMS 40 1.10 Crtcal Chan Project Management t:- s E ~~;;;~-~t ~~; E~~-~~;;; P~9 ~ 3 ;;4'
Sprng 2016- Man Exam SEAT NUMBER: UTS UNVERSTY OF TECHNOLOGY SYDNEY STUDENT NUMBER: SURNAME: (FAMLY NAME) OTHER NAMES: Ths paper and all materals ssued must be returned at the end of the examnaton. They are not to be removed from the exam centre. Examnaton Condtons: t s your responsblty to fll out and complete your detals n the space provded on all the examnaton materal provded to you. Use the tme before your examnaton to do so as you wll not be allowed any extra tme once the exam has ended. You are not permtted to have on your desk or on your person any unauthorsed materal. Ths ncludes but not lmted to: Moble phones Smart watches and bands Electronc devces Draft paper (unless provded) Textbooks (unless specfed) Notes (unless specfed) You are not permtted to obtan assstance by mproper means or ask for help from or gve help to any other person. f you wsh to leave and be re-admtted (ncludng to use the tolet), you have to wat untl 90 mns has elapsed. f you wsh to leave the exam room permanently, you have to wat untl 60 mns has elapsed. You are not permtted to leave your seat (ncludng to use the tolet) durng the fnal 15 mns. 16913 Tme Management Tme Allowed: 2 hours and 10 mns ncludes 1 0 mnutes of readng tme. Readng tme s for readng only. You are not permtted to wrte, calculate or mark your paper n any way durng readng tme. Ths s an Open Book exam Please refer to the permtted materals below: Permtted materals for ths exam: Any class notes and textbooks Materals provded for ths exam: Ths examnaton paper One (1) answer booklet (20 pages) Students please note: All questons are to be attempted on the separate answer booklet provded. The total possble number of marks s 40. The total number of parts s 4. The questons are NOT of equal value. Ths paper may NOT be retaned by the canddate. Durng the examnaton you must frst seek permsson (by rasng your hand) from a supervsor before: Leavng early Usng the tolet Accessng your bag Dscplnary acton wll be taken aganst you f you nfrnge unversty rules. Do not open your exam paper untl nstructed. Page 1 of 4
16913 Tme Management- Man Exam... Rough work space Do not wrte your answers on ths page. Page 2 of 4
16913 Tme Management - Man Exam... Part 1 (10 Marks): Defnng schedules Descrbe the followng terms as used n schedulng projects (1 mark per queston) 1 Crtcal path 2 Slack tme or float 3 Resource levellng 4 Budgeted cost of work planned ~ Budgeted cost of work scheduled 6 Actual cost of work done 7 Earned value 8 Project baselne 9 Status reportng 10 BMS 4 Part 2: Schedule Management (11 1 Descrbe the steps needed to resource a project actvty n MS project or an equvalent project management software. (2 2 Descrbe how you would use a Lne of Balance chart to mprove project performance on a hgh rse project. (2 3 What s the purpose of a work breakdown structure and how s t lnked to tme and cost plannng? (2 4 Descrbe three methods of estmatng duratons for project tasks gvng an example of each. (3 5. How can the cost of tme be measured and provde an example. (2 Part 3: Schedulng Strateges (10 Descrbe whch schedulng strateges would be preferred by your clent n each of the followng scenaros and outlne your reasons. 1 Lump sum fxed prce contract for the constructon of a regonal shoppng centre. (2 2 A buldng complex of research and development facltes wth major areas of unknown content and emergng technologes. (2 Page 3 of 4
16913 Tme Management- Man Exam 3 Contractor has prced for a loss to mantan team n a constructon downturn. (2 4 The project has been tendered on a desgn and buld bass wth an ncentve for early completon. (2 5 Hosptal desgn, constructon and commssonng programme for a natonal health agency clent. (2 Part 4: Earned value calculatons and project control acton (9 You have been trackng the performance of a crtcal path subcontractor. For each scenaro shown below, calculate the () effcency (cost varance) and () productvty (schedule varance) percentages, and () descrbe what acton you should take. The cost fgures are n A$M. Table 1: Scenaro 1 (3 Tme Months 1 2 3 4 5 6 7 8 9 10 Total at month 6 Plan (BCWS) 2 4 5! 5 4 7 7 7 5 2 27 Actual (ACWP) 3 2 6 6 6 6 0 0 0 0 29 Earned (BCWP) 1 l 2 2 3 4 6 18 Table 2: Scenaro 2 (3 Tme Months 1 2 3 4 5 6 7 8 9 10 Total at month 6 Plan (BCWS) 2 4 5 5 4 7 7 7 5 2 27 Actual (ACWP) 3 Earned (BCWP) 1 Table 3: Scenaro 3 (3 ' f! 2 4 5 3 4 0 0 0 0 21 ' 2 3 3 6 6 21 Tme Months 1 2 3 4 5 6 7 8 9 Plan (BCWS) 2 10 Total at month 6 4 5 5 4 7 7 7 5 2 27 Actual (ACWP) 3 2 4 5 3 4 0 0 0 0 21 l Earned (BCWP) 2 5 5 6 7 7 32 Page 4 of 4