Exercise 1: Escoger proyecto………. Project Management Fundamentals Exercises Exercise 1: Escoger proyecto………. List A List C List E Frodo Aragorn Gimli Legolas Frodo Gandalf Gimli Gimli Aragorn Gandalf Gandalf Frodo Boromir Boromir Legolas List B List D Legolas Boromir Gimli Aragorn Gandalf Frodo Boromir Legolas Aragorn Gandalf HC577S A.03

Project Management Fundamentals Exercise 2: Project Management Fundamentals Exercises Create a project charter for your project. Include the following information: Product description Project objectives Scope Schedule Cost Quality Success criteria for each objective List A List C List E Frodo Aragorn Gimli Legolas Frodo Gandalf Gimli Gimli Aragorn Gandalf Gandalf Frodo Boromir Boromir Legolas List B List D Legolas Boromir Gimli Aragorn Gandalf Frodo Boromir Legolas Aragorn Gandalf HC577S A.03

Exercise 3: Project life cycle Develop a project life cycle that you think is appropriate for this project. Identify the development life cycle you think would work best for this project.

Exercise 4: Project Manager’s Sphere of Influence Project Management Fundamentals Exercises Complete this sphere of influence diagram and identify the major influencers based on the Race to Results or other class project. Project Manager HC577S C.00 HC577S A.03

Exercise 4: Stakeholder register Project Management Fundamentals Exercises Complete this stakeholder register for the Race to Results or other class project Name Function Represented Role Responsibilities Expectations Influence HC577S C.00 HC577S A.03

Exercise 5: Requirements and requirements management Project Management Fundamentals Define and Organize the Project Identify 3 project requirements and 3 product requirements Create a strategy or plan for how you will manage requirements Identify an owner who will keep the requirements documentation up to date if information changes Instructor notes This will require minor simulation update. HC577S C.00 HC577S A.03

Exercise 6: Scope Statement Create a scope statement one of your project manager’s projects. Include: Scope description Major deliverables and acceptance criteria Exclusions Assumptions and constraints

Exercise 7: Work Breakdown Structure Project Management Fundamentals Exercises Complete the Work Breakdown Structure for your Race to Results or other class project. Extend to at least three levels ABCD ABC D A B C WBS HC577S A.03

Exercise 8: Identify Activities Identify the activities necessary for a successful installation of your project. Make sure you consider actions necessary with the PMO, IT Operations, the e-board operator, etc. Identify the significant milestones HC577S C.00 © 2013 Hewlett-Packard Development Company, L.P.

Exercise 9: Network diagram Project Management Fundamentals Exercises Complete the logical dependency diagram using the activities for exercise 8 1.1 Task Name 1.2 Task Name 2.3 Task Name 5.2 Task Name 5.3 Task Name 3.3 Task Name 3.4 Task Name S 3.1 Task Name 3.2 Task Name 2.4 Task Name 2.5 Task Name 5.4 Task Name 6.4 Task Name F Approval Required 2.1 Task Name 4.1 Task Name 4.3 Task Name 6.2 Task Name 6.3 Task Name 2.2 Task Name 4.2 Task Name 5.1Task Name 6.1 Task Name 1.3 Task Name 1.4 Task Name HC577S C.00 © 2013 Hewlett-Packard Development Company, L.P. HC577S A.03

Exercise 10: Develop duration estimates For each task identified in the previous exercise, determine the expected duration. Consider deletion of a subtask to reduce the risk of overall project schedule overrun

Exercise 11: Critical Path Method – Case 1 Project Management Fundamentals Exercises Identify the network paths Apply forward pass – calculate early start and early finish Apply backward pass – calculate late finish and late start Calculate float for all activities Determine float for all network paths Determine the critical path A 3 B 6 L C 4 F 1 E H 8 G 5 J 7 K HC577S A.03

Exercise 11: Critical Path Method – Case 2 Project Management Fundamentals Exercises Identify the network paths Apply forward pass – calculate early start and early finish Apply backward pass – calculate late finish and late start Calculate float for all activities Determine float for all network paths Determine the critical path A 10 G 6 F 7 E 2 D 14 C 5 B H 8 HC577S A.03

Exercise 12: Optimization Your sponsor has asked you to reduce the time to installation in your project plan by 4 days, as a way to mitigate the risk of scope creep Identify up to five ways to shorten your project schedule Which is the most feasible? Why?

Exercise 13: PERT estimates Project Management Fundamentals Exercises The following is cost data related to an activity Optimistic cost = a = 10,000 Pessimistic cost = b = 20,000 Most likely cost = m = 12,000 What is the expected cost for this activity ? 12,000 13,000 16,000 17,000 HC577S A.03

Exercise 14: Risk Assessment Project Management Fundamentals Exercises For the Race to Results or other class project, complete this risk assessment template Description If -then Probability Impact Response Rev. Prob. Rev. Impact Risk 1 Risk 2 Risk 3 Risk 4 Risk 5 Rate High, Medium, or Low HC577S A.03

Exercise 15: Dashboard Template Project Management Fundamentals Exercises HC577S A.03