What is a project? What is the difference between Projects and Operations?

What is project management?

What are the characteristics of effective project managers?

What is involved in project scope management?

Why is good scope management so important on information technology projects?

Many projects suffer from scope creep. How can it be avoided?

Why is activity definition the first process involved in project time management?

How do you control changes to project schedules?

What role does the WBS play in time management?

“Time is money”. In what ways are time management and cost management connected and in what ways do they differ?

Software Quality Assurance (SQA) is an umbrella activity that relates to both assuring the quality of work packages, and improving the process. Why is this important?

Give an example of where Quality becomes more important than any other element of Project Management.

Risk identification precedes other risk management processes. There are many techniques for identifying potential risks. Name 3 techniques for risk identification and discuss their usefulness.

Describe the Herzeberg and the Mazlow approaches to individual and team development. What might members of a team experience in these changes? Discuss these model’s validity in terms of your experience in team work.

Who are the stakeholders in a project? Why do they need to be managed and how can this be achieved?

What kind of stakeholders are hostile towards projects? How can they be managed?

Does Agile suit long term projects? Why or Why not?

Describe how Agile works with / inside / alongside Traditional PM.

What is a Code of Ethics, how is it developed, and who benefits from it?

The ACS Code of Ethics specifies 6 values and ideals and goes on to elaborate how a member must incorporate these into their professional behaviour. What are these 6 values and ideals?

Use only the information given in a question to answer that question—assume ceteris paribus unless otherwise specified.

Answer all questions correctly.

1. Nearly all cities are non-profit organizations and elected officials are supposed to maximize the welfare of their city.[1] Part of doing this involves hiring managers to operate the various service-providing departments (e.g., trash collection, street repair, etc.).[2] Suppose cities of all sizes across your state/province/region become for-profit corporations. They will issue stock, the stock will be traded on a national exchange (e.g., NYSE), and they will have a Board of Directors which will appoint all city officials. Any economic agent (i.e., person or organization) with the means may purchase stock if legally permitted. As usual, shareholders will elect members of the Board. Furthermore, the city will no longer be permitted to levy taxes. Assume all stockholders have a share of ownership in the city.

1. Will the new system increase or decrease incidents of Moral Hazard by city managers compared to the old system? To help guide your answer, choose one department manager and one (broad) task that person directs. Consider the incentives this person faces under the two regimes and go from there. Explain your answer in under 1 page. Then compare the incentives this manager faces under the two systems.

2. List and discuss 2 externalities (positive and/or negative) which would result from having for-profit cities. Clearly state who the recipients are of the externalities as well as the source(s). Remember to choose and clearly state a primary intent.

[1] They may or may not do this according to their own scruples.

[2] Some cities (e.g., Cincinnati, Ohio) have a City Manager who runs the day-to-day operations. The elected officials appoint this individual to carry out their policies. This person has no policy-making authority.    

A) A company that owns a large number of grocery stores claims that customers who pay by personal check spend an average of $87 with a standard deviation of $22. Assume the amount spent by these customers is normally distributed.

What is the probability that a customer using a check spends less than $90?

Express your answer as a decimal rounded to four places after the decimal point.

B)

A company that owns a large number of grocery stores claims that customers who pay by personal check spend an average of $87 with a standard deviation of $22. Assume the amount spent by these customers is normally distributed.

What is the probability that a customer using a check spends between $80 and $85?

Express your answer as a decimal rounded to four places after the decimal point.

C)

A company that owns a large number of grocery stores claims that customers who pay by personal check spend an average of $87 with a standard deviation of $22. Assume the amount spent by these customers is normally distributed.

The top 10% of customers using a check pay _____________ or more for groceries.

Round your answer to 2 decimal places.

D)

A company that owns a large number of grocery stores claims that customers who pay by personal check spend an average of $87 with a standard deviation of $22. Assume the amount spent by these customers is normally distributed.

The most frugal 20% of customers pay ___________ or less for groceries.

Round your answer to the nearest hundredth.

Your W-2 form reports that your total wages were $35,539 for 2018. Your W-2 form also reports that $4,053 was withheld from your wages for federal income tax. You receive a 1099-INT from your bank that indicated interest earned of $281. You are single, under the age of 65, not blind and not claimed by any other person as a dependent.

What is the amount of your payment or refund? (Be sure to first state "refund" or "payment" and then the dollar amount as a whole number)

"You are investing $6,000 immediately in a stock that you will keep for 13 years. At the end of 13 years, the stock will be worth $16,813 with a probability of 0.48 and worth $22,785 with a probability of 0.52. When you sell the stock, you will need to pay taxes on the profit earned from selling the stock (i.e., taxes on the difference between the selling and buying prices of the stock). The tax rate will be 8% with a probability of 0.8 or 16% with a probability of 0.2. Your MARR is 4.7% What is the variance of the net present worth from investing in the stock?"

f you are from Christian background, can you answer the question, "What does it mean to be Christian?", without excluding numerous groups of people who fervently view themselves as "Christian," but who live, practice and believe in ways that may differ significantly from you? They, too, appeal to the same Bible that you do -- often emphasizing things there that you either ignore, minimize or interpret differently. Is this situation any different for Christians than it is for people of any of the other traditions we are studying this quarter? Can people of ANY religious tradition describe their religious tradition without excluding others who view themselves as part of that same tradition, but who live, practice and believe in ways that may differ significantly from others who claim the same tradition?

Please solve it within 20 minutes (updated)

1. Solve the following      
   1. A company is considering a machine that will cost $(705 *1000) to buy. After seven years its salvage value will be $1000. $3000 cost of overhauling will be needed in the year 4th. maintenance costs will be $2500 per year. Draw the cash flow diagram.
   2. Suppose you start a project and invest $5000 now, how much you obtain as a result after 5 years. Find the future value and the interest earned also draw cash flow? discount value i=5%

Dirk Company reported the following balances at December 31, 2016: common stock $391,000, paid-in capital in excess of par value—common stock $109,000, and retained earnings $242,000. During 2017, the following transactions affected stockholders' equity.

Prepare the stockholders’ equity section of Dirk Company’s December 31, 2017, balance sheet.