You are five weeks into the Green Buildingg Research Project, and all of the full-time team members are together face-to-face for the first time. Recall that you, Ben, Matt, and Le all work in the
same location, but Teresa and James are based out of town and will do most of their work virtually. Le is also new to the company and just moved to the U.S. She is currently staying in a hotel and
looking for a place to live. Sheâd like to buy her first home, but she wants to make sure itâs a good investment and somewhere sheâd like to stay for at least five years. You get along very well
with your project sponsor, Ben, and Matt is a great resource, even though he is extremely reserved. Le is also very quiet, and you quickly discover that she is an excellent researcher and writer,
but she is not comfortable speaking in public. Teresa and James are much more talkative and are excited to be working on this project. However, James seems to be reluctant to use much technology to
share ideas and really enjoys face-to-face meetings and discussions. You have made preliminary agreements with two outside consultants to assist you with editing and the teleconferencing topic for
your research. You have to prepare a monthly progress report and presentation for Ito, the program manager. You also have short meetings as needed with Ben, your sponsor, and send him a weekly
1. Before this first face-to-face meeting, you asked everyone to send a brief introductory e-mail, including links to their personal Web sites, LinkedIn site, etc. You also asked everyone to take a
short version of the Meyers-Briggs Type Indicator (MBTI) online and share their results with everyone else. Take this test yourself from www.humanmetrics.com and research how different MBTI types
respond to work environments, especially for research projects and virtual teams. Summarize your findings in a one-to-two page paper. Also document what you would write in an e-mail to introduce
yourself, assuming you are the project manager for this project. Be creative in your response.
2. Prepare a responsibility assignment matrix in RACI chart format based on the WBS you created earlier and the information you have on project team members and other stakeholders. Use the template
(ram.xls) and samples in the text. Document key assumptions you made in preparing the chart.
3. Since everyone will be in town for most of the week, you want to make sure they develop good working relationships. You also want everyone to work together efficiently. You asked Matt to review
collaboration tools he recommends the team use for this project. As Matt starts demonstrating some of these tools, including webcams and wikis, you notice that a couple of team members seem
uncomfortable, especially James. He thought that he would be in charge of certain aspects of the research reports and didnât know how heâd feel about any team member being able to change what he
wrote in a wiki. Le did not like the idea of using a Webcam. Sheâd rather not have her face on video when communicating virtually. Discuss these human resource-related concerns and others that you
think would be common in this situation. Include strategies for addressing them as well.
Part 6: Project Cost Management
Your project sponsor has asked you and your team to refine the existing cost estimate for the project so that there is a solid cost baseline for evaluating project performance. Recall that your
schedule and cost goals are to complete the project in six months or less for under $500, 000. Initial estimates suggested that about $300,000 for this project would go toward internal labor. You
mistakenly thought that travel costs would be included in that $300,000, but now you realize that it is a separate cost item. The one trip to England early in the project cost $6,000, which you had
1. Prepare and print a one-page cost estimate for the project. Use the WBS categories you created earlier, and be sure to document assumptions you make in preparing the cost estimate. Assume a
burdened labor rate of $100/hour for the project manager, $90 for Teresa, James, and Le, and $80/hour for Matt. Assume about $200/hour for outsourced labor.
2. Using the cost estimate you created in task 1, prepare a cost baseline by allocating the costs by WBS for each month of the project.
3. Assume you have completed three months of the project and have actual data. The BAC was $500,000 for this six-month project. Also assume the following:
Using this information, write a short report that answers the following questions:
a. What is the cost variance, schedule variance, cost performance index (CPI), and schedule performance index (SPI) for the project?
b. Use the CPI to calculate the estimate at completion (EAC) for this project. Use the SPI to estimate how long it will take to finish this project. Sketch an earned value chart using the above
information, including the EAC point. Write a paragraph explaining what this chart shows.
c. How is the project doing? Is it ahead of schedule or behind schedule? Is it under budget or over budget? Should you alert your sponsor or other senior management and ask for assistance?
4. You notice that several of the tasks that involve getting inputs from consultants outside of your own company have cost more and taken longer to complete than planned. You have talked to the
consultants several times, but they say they are doing the best they can. You also underestimated travel costs for this project. Write a one-page paper describing corrective action you could take
to address these problems.
Is this question part of your Assignment?
We can help
Our aim is to help you get A+ grades on your Coursework.
We handle assignments in a multiplicity of subject areas including Admission Essays, General Essays, Case Studies, Coursework, Dissertations, Editing, Research Papers, and Research proposalsHeader Button Label: Get Started NowGet Started Header Button Label: View writing samplesView writing samples