Final Exam – Project Management and Consulting
Exam is in two parts:
a) Take Home - Excel Portion includes (30%)
Project Management Network diagram,
Critical Path Method (CPM) including adding uncertainties and crashing costs.
b) Written in class portion based on the following case. (70%)
Your Written Exam
The incidents described in this case study are typical of the types of things that happen in real-life projects. They are a reflection of peoples' attitudes and the way they do things. Perhaps they do not all happen on the same project. Yet the reality is that if project sponsors do not start out with an understanding of project management and its processes, the probability of these kinds of happenings are quite high! One of the best ways of learning is from mistakes „ preferably from those of other people. The focus of this case study centers on construction industry. However, the project has served to bring to light many of Smitty’s management short-comings and the need for change. To prepare for the exam you will need to read the case and be familiar with all aspects of the case. When you get to the exam you will have 2 hours to answer a series of questions about the case. You ill take the role of Win Easy the project management consultant and you will be offering advice and recommendations to Smitty’s Board of Directors. You will not know what questions I will ask but it will be on the material we have taken in this course, both lectures and your RFP assignment but applied to this case. This will be fully open book, open internet and as such you will have access to any and all resources except for your class mates.
I will take the part of Ron Smith as I have always wanted to be CEO of wood manufacturing business. As such you can ask any question you need to for clarification but I will not answer any question in person. If you have a question you need answered then it must be asked through the Moodle Discussion Forum. This way all students will have access to the same information.
BUSN 6070 Project Management and Consulting
Final Exam Summer 2014
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Start of Formal Case
The incidents described in this case are typical of the types of things that happen in real-life projects, Hopefully, they do not all happen on the same project, but the reality is that if project sponsors do not start out with an understanding of project management and its processes, the probability of such things happening are surprisingly high.
This is the story of the project according to its natural evolution. The commercial environment described was very typical of many past projects. The problems are not difficult to spot, but can you see why they happened?
The Smith Woodworking Company is a small-to-medium sized custom furniture and cabinet making company, with head-office and a spacious plant site on East Trans-Canada Highway, Kamloops, BC. It’s Chairman and Chief Executive Officer is Ron Smith now in his late-sixties. His wife Mrs. Emelia Smith, being an aggressive business woman and somewhat younger than her husband, now effectively runs the company. Ron Smith is affectionately known to all as "Smitty" and so the company is generally known as "Smitty’s". Smitty, after an apprenticeship as a cabinet maker, started his small furniture manufacturing business back in 1974 and he and his wife moved to their present location in 1979. The company quickly gained a reputation for attractively designed and well-constructed furniture, using imported hardwoods and indigenous softwoods for its products. Smitty’s now produces custom furniture to order, several lines of furniture for wholesaler/retailers, and a number of variations of standard kitchen and bathroom cabinets, including units made to order. Over the years the Smiths continued to prosper and built up a loyal staff and work force. More recently their son, Bob Smith, has joined...
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