1. 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

2. 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

3. 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.

4. 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

5. 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

6. 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

7. 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

8. 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

9. 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.

10. 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

11. 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

12. 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

13. 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

14. 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?

15. 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

16. 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

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