Project Management in Computing Essay Assignment

Project Management in Computing Essay

Annual Report FY [Year] [Add a quote here from one of your company executives or use this space for a brief summary of the document content.]  
Project Management in Computing IT270
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           Name: ###   CRN: ###   ID: ###          

Consider the following cash inflows and outflows related to project A and project B.

  CASH INFLOWS AND OUTFLOWS (IN $ 1,000)  
   
Project A Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
Benefits $60 $40 $55 $40 $40 $60
Costs $120 $20 $30 $20 $15 $25
   
   
Project B Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
Benefits $65 $90 $44 $40 $20 $20
Costs $137 $45 $22 $20 $8 $7

For each project,

  1. Calculate the cash flow. (0.25 Mark)
  2. Calculate the NPV assuming 15% discount rate, and determine which of the two projects would you prefer? Justify your answer. (0.75 Mark)

Given the following tasks on a network diagram in which,

TD is a dummy node

D_A is a deliverable of 0 duration that depends on tasks 1, 3, 4.

D_B is a deliverable of 0 duration that depends on tasks 6 and 7.

  1. Perform a forward pass, to compute the earliest start and earliest end dates of each task including the deliverables. (0.5 Marks)
  2. Perform a backward pass, to compute the latest start and latest end dates of each task including the deliverables. (0.5 Marks)
  3. Compute the slack time for each task and deliverable and identify the critical path. (0.5 Marks)

Define the following:

  1. Scope
  2. Deliverable
  3. Requirement  
  4. Work Breakdown Structure
  5. Requirements traceability matrix (RTM)

Compare between Cost, Tangible costs, Intangible costs, Direct costs and Indirect costs in terms of their definition? Cite an example for each cost type.

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