Project Management

Question 1

Project

Answer 1

*A temporary endeavor undertaken to create a unique product, service, or result.

*The temporary nature of projects indicates a definite beginning and end.

Question 2

End of a Project

Answer 2

a) When the project’s objectives have been achieved
or
b) when the project is terminated because its objectives will not or cannot be met
or
c) when the need for the project no longer exists.

Question 3

Project Management

Answer 3

The application of knowledge, skills, tools, and techniques to project activities to meet the project requirements.

Question 4

Macro-processes for project management accomplishment

Answer 4

1) Project initiation or kick-off;
2) Planning
3) Executing
4) Monitoring
5) Closing

Question 5

Planning

Answer 5

Starts by defining available time, people, and budget;

Question 6

Executing

Answer 6

Allowing things to happen, reacting to impediments, to achieve as planned.

Question 7

Monitoring

Answer 7

Tracking performance and resource utilization.

Question 8

Closing

Answer 8

Provide visibility to all stakeholders about end results with emphasis on time, people and cost.

Question 9

Considering the capstone project: INITIATE

Answer 9

1) Identify team members (two partners)

2) Identify project offers of interest:

   a) Identify “adequate” project sites of 
       interest.

   b) Review available “request for 
       capstone projects” (RFCP)

   c) Help the project owner prepare the 
       RFCP

   d) Assess that the project complies with 
       the capstone project guidelines (two 
       or three IE core subject areas plus 
       economic analysis)

    e) Finetune the RFCP as needed

Question 10

Considering the capstone project: PLAN

Answer 10

1) Given the RFCP, visit the site and understand the project requirements and scope

2) In conversations with the mentor, identify who are the stakeholders and personnel to become involved in the project

Question 11

Considering the capstone project: PLAN (Project Charter)

Answer 11

1) Prepare the project charter (PChar) gaining agreement with the mentor, emphasizing time allocation and deliverables.

2)Define activities and work breakdown structure (WBS)

Question 12

Considering the capstone project: PLAN (Gantt Chart)

Answer 12

1) Develop a preliminary Gantt chart
a) Consider the sequence in activities
and their duration

        b) Plant personnel that should 
            participate besides students

        c) Agreement with mentor

2)Deliver the project charter to the responsible faculty (IE Department).

Question 13

Considering the capstone project: PLAN (Goals)

Answer 13

Goal statements:

*Goals are statements that describe what this project will achieve and deliver.

1) Goals should be “SMART”: Specific, Measurable, Achievable, Realistic, and Time-Based.

2)The completion of a goal should be evident through the creation of one or more deliverables.

Question 14

Considering the capstone project: PLAN (Methodology)

Answer 14

• Identify the specific areas of expertise that your particular project addresses (three or four, always including the latter).

1) Work Systems Design, and Motion and Time Study.

2) Probability and Statistics, and Statistical Quality Control.

3) Production Planning and Control.
Operations Research (includes Computer Simulation Modeling).

4) Plant Layout

5) Automation and Information Technology.

6) Engineering Economics and Managerial and Cost Accounting. (required for all projects)

Question 15

WBS

Answer 15

Subdivision of project deliverables and work into smaller, more manageable components

Question 16

Considering the capstone project: EXECUTE (Early)

Answer 16

*Start visits early in the semester

a) Students introduction by the mentor to plant personnel (team members)

b) Maintain effective communication with the experts (line personnel and other resources); capture their insights

c) Plan on frequent interactions; your presence gives you credibility

d) Share relevant concepts that should be used (small trainings)

Question 17

Considering the capstone project: EXECUTE (Move Forward)

Answer 17

a) Have the Gantt chart in mind; use with discipline the methodologies relevant to host (e.g. OpEx, DMAIC, etc)

b) Document progress; discuss with team and mentor; coordinate presentations as needed.

c) Identify the ethics concerns as the project advances

d) Organize documentation for future use in presentations, written report, and poster.

Question 18

Considering the capstone project: CLOSE

Answer 18

The end of the semester is approaching:

1) Final presentation (team)

2) Final report (team)

3) Poster (team)

4) Ethics assessment (team)

5) Exit survey (team)

6) ABET-format resume (student)

7) Mentor evaluation (student)