CIS 3001, Fall 2015: Final Exam (Due: 11:59 PM, December 2, 2015)Name______________________________________________1.Define predecessor, successor, and parallel activities. Give a real worldexample of each. â (10 Points)Predecessor activities – those activities that must be completed before another activity can be started. Ex: Computer’s OS must be installed before loading an application package.Successor activities – activities that must follow a particular activity in some type of sequence. Ex: a program must be tested and then documented after it is compiled.Parallel activities – an activity or task that can be worked at the same time as another activity. Ex: Design web page layouts and set-up server2.In the context of critical chain project management, what is resourcecontention? (5 Points)3. Define the following and give a real world example of each (other than theones described in the text book): Finish-to-Start; Start-to-Start; Finish-toFinish; Start-to-Finish. (10 Points)4. Assume the following activities for a project along with theirestimated durations and predecessors. Describe how critical pathanalysis would be applied to this project, and calculate thecritical path. Define the concepts: slack/float,expedite/crash, and fast tracking and explain what theirimplications are for this project? (20 Points)Hint:a.b.c.Start with the following steps:Draw AON diagramCalculate Possible Activity pathsIdentify critical pathActivityABCDEFGEstimated Durationin Days2431132Critical Path: A-B-G-F-HSlack/Float: amount of time an activity can be delayed before it delays the projectExpedite/Crash: adding resources to an activity on the critical path to shorten durationFast Tracking: completing activities in parallel to shorten critical pathPredecessorNoneAAC,BC,DD,EF5. What are the seven IT project risk managementprocesses? (5 Points)6. What is a risk response plan? What should be included?(5 Points)7. Compare the three types of project risk: known, knownunknown, and unknown-unknown. Give an example (notdiscussed in the text book) of each. (10 Points)8. Describe the qualities of a good project metric. (5 Points)9. Given the following information, is the Project in trouble?Calculate: (15 Points)a. Cost Variance (CV) : (CV) = EV − ACb. Schedule Variance (SV): (SV) = EV − PVc. Cost Performance Index (CPI) : (CPI) = EV/ACd. Schedule Performance Index (SPI): (SPI) = EV/PV10. What are the key differences (4-5) between the Agile Project Managementapproach and Waterfall (Traditional Project Management) (10 Points)11. What was your favorite topic in this course? (2 Points)Thank you!!Have a great Thanksgiving!
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