Please read the Case-5.2 “Post Graduation Adventure.”  from Chapter 5 “Estimating Project Times and Costs” given in your textbook – Project Management: The Managerial Process 8th edition by Larson and Gray page no: 93 also refer to specific concepts you have learned from the chapter to support your answers.  Answer the following questions.

Assignment Purposes/Learning Outcomes:

After completion of Assignment-2 students will able to understand the

  1. Defining the concepts, theories and approaches of project management. (L.O-1.1)
  2. Analyze to work effectively and efficiently as a team member for project related cases. (L.O-3.1)
  3. Evaluate to monitor and control the project. (L.O-3.2)

Assignment-2: Case Study

Assignment Case study Question:                                                                 (Marks 10)

Please read the Case-5.2 “Post Graduation Adventure.”  from Chapter 5 “Estimating Project Times and Costs” given in your textbook – Project Management: The Managerial Process 8th edition by Larson and Gray page no: 93 also refer to specific concepts you have learned from the chapter to support your answers.  Answer the following questions.

 Case study questions

  1. Assume you are either Mike or Josh; how would you go about making a decision using project management methodology? Explain in 150 words (3 Marks).
  • Looking first at only cost, what decision would you make? Explain in 150 words (3 Marks).
  • After cost, what other factors should be considered before making a decision? Explain in 200 words (4 Marks)

Answers:

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