Assignment
A. Based on the Excel videos you have seen, what types of user environments does Excel provide?
B. What is an annuity?
C. Lookup a definition of a framework. From the PMBOK and the textbook materials you have studied, what can be called "The PMP framework"? Provide the exact title used in this course and briefly describe its contents.
D. When did Scientific Management begin to take shape?
E. What is the difference between a simple average and a weighted average?
F. What was the very first definition of a Project in this course? Now that you know about the Procurement processes from your textbook, how would an order turn into a project?
G. What did we use the MATCH and INDEX functions for?
H. Who and why issues an RFQ?
I. What is residual risk and how can it be mitigated?
J. What are the components of Maslow's hierarchy of needs? Why should managers be aware of it?
K. Government agencies and many companies use a certain term similar to RFQ when soliciting proposals from potential vendors. What is that term?
L. We have used the Goal-Seek function in one of our Excel reviews. What type of analysis was that function used for?
M. Why does a PM have to understand the concept of Time Value of Money? Be sure to find an explanation in the course videos.
N. You have heard a definition for the Normal distribution in one of the review videos. What was that definition?
O. What is an ERP and why installing it is difficult? (Use the course materials for the answer).
P. What is Project Management? Is it a part of a broader concept? Explain.
Q. Recall the review video, which contains the HTML exercise. According to that video, what is a web site and what is HTML used for?
R. According to the video mentioned in (Q), what is DOM and what is the definition of a protocol?
S. What is the difference between the chart area and the plot area?
T. Who was Luca Pacioli and why is his work important to us?
U. What will be the future value of a $100 lump sum deposited for 16 years at 5% interest with annual compounding?
V. Calculate the cost estimate according to the beta distribution if the optimistic estimate is $400, most likely estimate is $800 and the pessimistic estimate is $1600. Explain the formula chosen for the calculation.
W. In your opinion, why do people pay attention to the stock market and not the bond market?
X. Explain how the sizes of the three companies described in the textbook influence the three project scenarios chosen by the author of the textbook. Feel free to add your own opinion.
Y. According to the videos used in this course, what is the Porter model and how does it fit in the discipline of Project Management?