Project Management Techniques to Practice Problem Solutions

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Course:
Code:

IT Project Management
BIT 361

Handout date:

Assignment #: 1

6/2/2014

Home Assignment

Student Name: _________________________

Semester:
Lecturer:
Due date:

Spring 2014
Dr. Fadi Abu-Amara
Dr. Amer Ibrahim
20/2/2014

Maximum Mark:

100

ID:___________________________________

1-Learning Outcomes being assessed
LO2. Analyze, describe and apply project management techniques to practical problem solutions.
2-Handing in format instructions
 Sign this page and put it as a cover for your assignment
 Submit your assignment in hand-writing format.
 This page will be your assignment coversheet.
 Sign the second page and include it with your assignment after the coversheet.
 Work must be
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How would you classify the following projects in terms of compliance, strategic, and operational?
a. Convert the pool heating system from electrical to solar power.
b. Renovate the horse barn.
c. Convert 12 adjacent acres into a wildlife preserve.
d. Update all the bathrooms in condos that are 10 years or older.
e. Change hotel brochures to reflect the new image of the hotel.
f. Introduce wireless Internet service in café and lounge areas.
Task 2: A staff proposed two new software projects for your company. Project-A will cost
AED 210,000 to develop and is expected to have annual net cash flow of AED 56,000. ProjectB will cost AED 280,000 to develop and is expected to have annual net cash flow of AED
70,000. The company is very concerned about their cash flow. Using the payback period, which project is better from a cash flow standpoint? Why?
Task 3: A five-year project has a projected net cash flow of AED 15,000, AED 25,000, AED
30,000, AED 20,000, and AED 15,000 in the next five years. It will cost AED 50,000 to implement the project. If the required rate of return is 20%, conduct a discounted cash flow calculation to determine the NPV.

Task 4: Develop a WBS for a project in which you are going to build a bicycle. Try to identify all of the major components and provide three levels of detail.

3

Course:
Code:

IT Project Management
BIT 361

Handout date:

Assignment #: 1

6/2/2014

Home Assignment

Semester:
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