Case StudyThe South-to-North Water Diversion Project in China is the largest of its kind everundertaken. The project involves drawing water from southern rivers and supplying itto the dry north.This massive scheme has already taken 50 years from conception to commencementand is expected to take almost as long to construct. Planned for completion in 2050, itwill eventually divert 44.8 billion cubic metres of water annually to the populationcentres of the drier north.When finished, the work will link China's four main rivers - the Yangtze, Yellow River,Huaihe and Haihe - and requires the construction of three diversion routes, stretchingsouth-to-north across the eastern, central and western parts of the country.The complete project is expected to cost $62bn - more than twice as much as thecountry's controversial Three Gorges Dam.1. Project Leadershipa)b)Using appropriate leadership theories, define leadershipand critically explain 4 leadership traits that can supportthe delivery of the South-to-North Water Diversion ProjectDifferentiate between project leadership and projectmanagement roles

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Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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which feasibility measure estimates the cost/benefit of the project and how it is measured?
Project Risk Analysis Sydney, Australia’s M5 East Tunnel was constructed under strict budgetary and schedule requirements, but given the massive traffic delays now hampering commuters, the requirements may have been excessive. Due to an inexpensive computer system with a high failure rate, the tunnel’s security cameras frequently fail, requiring the operators to close the tunnel due to inability to react to an accident, fire, or excessive pollution inside the tunnel. The tunnel was built to handle 70,000 vehicles a day, but it now carries 100,000, so any glitch can cause immediate traffic snarls. A managerial risk analysis, including the risk of overuse, might have anticipated these problems and mandated a more reliable set of computers once the costs of failure had been included. Required: As the project manager, discuss the risk management process you think might have identified the danger in using a cheap computer system Discuss the type of risk analysis approach you think would…
Case studyYou have recently been appointed as the new IT risk manager of a countrywide online tradingbusiness called DirectToCust which sells items directly to the public. Its headquarters are locatedin Cape Town, in the Western Cape and have warehouses in Gauteng, KZN, and the Free state. Thecompany employs over 200 call center agents and about 10 business managers for both inboundand outbound transactions and logistics. They work both day and night shifts in an open-planworkspace of around 40 x 38 m with each agent having their own desk, networked computers andessential office stationery to conduct business. Most, if not all, call center agents’ desktop PCs areconnected to a local network using Ethernet cabling while most line managers’ laptops arewirelessly connected to enable free movement around the premises. All the servers, switches,router, gateways, firewalls, etc., are located at the adjacent IT office and maintained by onenetwork administrator and six support technicians…
Case studyYou have recently been appointed as the new IT risk manager of a countrywide online tradingbusiness called DirectToCust which sells items directly to the public. Its headquarters are locatedin Cape Town, in the Western Cape and have warehouses in Gauteng, KZN, and the Free state. Thecompany employs over 200 call center agents and about 10 business managers for both inboundand outbound transactions and logistics. They work both day and night shifts in an open-planworkspace of around 40 x 38 m with each agent having their own desk, networked computers andessential office stationery to conduct business. Most, if not all, call center agents’ desktop PCs areconnected to a local network using Ethernet cabling while most line managers’ laptops arewirelessly connected to enable free movement around the premises. All the servers, switches,router, gateways, firewalls, etc., are located at the adjacent IT office and maintained by onenetwork administrator and six support technicians…
Case studyYou have recently been appointed as the new IT risk manager of a countrywide online tradingbusiness called DirectToCust which sells items directly to the public. Its headquarters are locatedin Cape Town, in the Western Cape and have warehouses in Gauteng, KZN, and the Free state. Thecompany employs over 200 call center agents and about 10 business managers for both inboundand outbound transactions and logistics. They work both day and night shifts in an open-planworkspace of around 40 x 38 m with each agent having their own desk, networked computers andessential office stationery to conduct business. Most, if not all, call center agents’ desktop PCs areconnected to a local network using Ethernet cabling while most line managers’ laptops arewirelessly connected to enable free movement around the premises. All the servers, switches,router, gateways, firewalls, etc., are located at the adjacent IT office and maintained by onenetwork administrator and six support technicians…
Top administrators in a hospital have approved a project to improve the efficiency of pharmaceutical services department by the end of the fiscal year to satisfy new state regulations for the coming year. However, they are concerned about four potential threats (1) the cost to implement the changes may be excessive (2) the pharmacists may resist changes (3) the project may run much longer than expected and not be ready for coming fiscal year, (4) The changes might reduce the quality of drug care in the hospital. The likelihood and negative impact of each threat have been solicited from the managers and are as follows, based on a seven-point scale where seven is the most likely and most negative impact. Threat Probability Impact 1 5 3 2 6 5 3 3 4 4 4 7 Construct a risk matrix and identify what you would consider to be critical, monitor and ignore threats. Explain your reasoning.
The project described in the following table has just begun. It is scheduled to be completed in 11 weeks.Use Table B1 and Table B2. Activity Estimated Time(weeks) Standard Deviation(wks.) 1-2 4 0.70 2-4 6 0.90 1-3 3 0.62 3-4 9 1.90 a. If you were the manager of this project, would you be concerned? (Round your intermediate calculations to 2 decimal places and "Probability" values to 4 decimal places.) because the probability of finishing on schedule is only about . b. If there is a penalty of $5,000 a week for each week the project is late, what is the probability of incurring a penalty of at least $5,000? (Round your intermediate calculations to 2 decimal places and "Probability" values to 4 decimal places.) Probability Have worked this with various formulas and all come back wrong. Where am I making a mistake
In 2017, Aurecon was appointed by the City of Ekurhuleni to design and construct rail lineunderpasses that are attractive, safe and user-friendly for pedestrians and cyclists, together withthe associated safety infrastructure. The project was completed in February 2019 at a cost of R50 million with over 5,000 resources involved over the 2-year project.Q.1.2 Projects are different from operations, state any Five (5) project attributes.
A large multinational Coffee House giant “Tim Hortons” wants to open a Coffee House in the vicinity of Federal B. Area of Karachi. It will be a six month’s project. The Company has hired you as a Project Manager for this PKR 30 Million Project. Your scope of work includes Identification of area/location, Leasing of place and Construction of the Coffee House with state-of-the-art Interior Designing. Perform SWOT analysis on this particular case and suggest whether to open the Coffee House in this area or not.
Manager Cafe "Blue Sky" is considering investing 2 (two) projects. Project X is an investment of $ 75,000 to replace a working but outdated cooling equipment. Project Y is a $ 150,000 investment to expand the dining facilities. Relevant cash flow data for the two projects over the expected 2 years are as follows: Project X Year 1 Year 2 Probability Cash Flow Probability Cash Flow 0.16 $0 0.08 $0 0.66 $50000 0.82 $50000 0.18 $100000 0.10 $100000 Project Y Year 1 Year 2 Probability Cash Flow Probability Cash Flow 0.50 $0 0.13 $0 0.50 $200000 0.74 $100000 0.13 $200000 Calculate: Expected value, standard deviation, and coefficient of variation for cash flows from each project. Compute: Risk-adjusted NPV for each project using a cost of capital of 15% for riskier projects, and 12% cost of capital for less risky projects. Which project is more…
Based on the outcome of the calculations(image attached), draw the five (5) S-Curves as well as the total Project's CVAR.
Refer to either Case 7.1 Alaska Fly-Fishing Expedition, 7.2 Silver Fiddle Construction, 7.3 Trans LAN Project, and 7.4 XSU Spring Concert of your text. Each of these cases presents you with a project scope statement for a fictional project. You are to pick 1 of these cases on which to perform a risk analysis. After picking a case of your choice, you should address the following: Use a risk assessment form to analyze identified risks.

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