Devry PROJ587 Week 3 Quiz Latest 2019 September

Question

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PROJ587 Advanced Program Management

Week 3 Quiz

Question 1 (CO
A) You work for Holt consulting company, which has been asked to recommend
organizational improvements for CDC Software Company. You have been assigned to
present PPM. Your boss has informed you that CDC Software Company knows nothing
about PPM and you will need to cover the items below in your presentation.

What is a
PPM?

Compare
PPM, PgM, and Project level.

Benefits of
each (PPM, PgM, and Project)

Why should
CDC Software Company implement a PPM?

Question 2 (CO
B) The portfolio strategic plan is used to meet the organizational strategies
and objectives. List five of the key contents required for the strategic plan
and explain the responsibilities of the portfolio manager in accomplishing
these plans.

Question 3 (CO
C) You are DeVry’s PM of a project to develop an Android Bluetooth application.
The applications have 4 key features, turning on/off, querying, searching, and
pairing. A budget of $180 per feature and a schedule of 1 feature per day. The
project should be finished in 4 days for a total of $800.

Now, after
Day 3, our progress is as follows:

Day1
Progress: Turning On/Off feature completed, spent $200.

Day2
Progress: Querying started, did not finished, spent $220.

Day3
Progress: Querying finished. 50% of the Searching completed and spent $140.

Calculate
the PV, EV, AC, CPI, and SPI.

Question 4 (CO
C) As a project manager, you are constantly concerned with keeping the project
on schedule and in budget. Four formulas used to measure project schedule and
budget are CPI, SPI, CV, and SV. Define each formula, explain how it measures
schedule or budget, and what the results mean to the project manager.

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