Project Management

This document provides exercises and scenarios related to project management. It includes recommendations for upgrading hardware to solve system issues and improve productivity. It also covers meeting planning, team motivation, and dealing with difficult team members. The document concludes with financial calculations related to project worth and investment value.

Running Head: PROJECT MANAGEMENT
IT Project Management
Name of the Student
Name of the University

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Exercise 1
As it is known by all by now, the users are facing a lot of problems while working on the
systems. According to them, the network, their computers, and new applications are very slow
and often crash. It has been found that these issues are consistently hampering the productivity of
the company and as a result, the company is facing certain degrees of losses. Now, the best
possible solution to this problem is to upgrade the hardware that is currently in use in the
company. Based on the issues, the following changes are identified and recommended.
Hardware Features
3 Windows Servers 2008 Each server equipped with four six-core 2.7 GHz
processors, 64GB of RAM, and two 500GB of disk
space configured as mirror sets for data redundancy
300 Windows Vista Business workstations Each workstation equipped with a 2.0 GHz
processor and 1GB of RAM, and CD-R drives
3 network switches Used to segment the network
With these new sets of workstations and hardware configurations, the users will be able
to perform their work much faster and there will be no errors or crashes. Furthermore, the
network upgrade will provide the users with high speed internet that will also boost the
productivity of the users and in turn the company.

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Exercise 2
Questions Actions
Who should attend this meeting? Management and project team members
When will the meeting take place? The meeting will take place on a Sunday evening to
avoid working hour pressure
What is the theme of the project? Casual meeting followed by dinner for all attendees
What type of project-related handouts will you
have?
Estimated cost of upgrade and financial prediction
regarding productivity
What fun things do you have planned? Soft music and dinner party after the meeting
How will you inspire the team? Team will be asked to work as one unit and the
benefits from the project are promised to be divided
equally among the members
Who will speak first? Company CEO / Director
Who should attend this meeting? Management and project team members
What are your opening remarks to the team? “Hello team, I hope everybody is eager to know the
project requirements. But first, you need to
understand that you have to enjoy the work you do
and it is expected that you will function as one unit
and show good teamwork.”
What are some of the topics you’ll cover in your
team presentation?
Project purpose, rationale, goals, objectives,
milestones, requirements, risks and estimated
budget.
How long will your presentation take? 30 minutes
What will you spend the $500 on? Snacks and drinks for the attendees, dinner for

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attendees, leaflets regarding the proposed upgrades
Exercise 3
Scenario Response
Peter Abbot is getting increasingly cranky about
the time you’ll need to be spending on your “pet”
project. He’s insisting that you focus less on
technology and help more users clean their
workstation’s mouse, monitor, and keyboard.
Perform all the work that Peter asked regarding
cleaning of mouse, monitor and keyboard. For the
next one or two weeks, monitor and document the
performance of the workstations and present the
report to Peter for review and analysis.
Now you need Peter’s help. He has to make a
decision about when you can have the testing lab
for the new workstations and operating systems.
You need to create workstation images, test
software compatibility, and work with your new
servers. The equipment has arrived, but Peter just
doesn’t want to make a decision on when you can
use the testing lab for your project.
Prepare a detailed analysis report regarding the
risks posed by the old workstations towards the
productivity of the company including completely
destroyed hard disk and data, cyber security issues,
slow processing of data resulting in errors and
others. Accordingly, present the report to Peter and
request him to allow use of testing lab in order to
avoid the risk of losing valuable data.
Today is Frank’s turn to be in Peter’s doghouse. It
was your turn last week, and next week it’ll be
Mary’s. Every week someone on your team is in
trouble with Peter. This whole cycle of Peter being
angry with someone every week is demoralizing to
your team, prohibiting progress, and generally
frustrating.
Undertake a team meeting and communicate with
everyone that in spite of misbehavior, Peter is a
highly efficient employee who knows what he is
doing. Ask the team members to be professional at
all times and learn from Peter’s advices rather than
getting demoralized from his anger.
Peter Abbot is becoming more rude and belligerent Prepare a detailed report regarding how Peter has

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with you and your project team. He’s yelling at
anyone who comes into his office, threatening to
“write you up,” and acting very unhappy with any
task you try to do. Yesterday he embarrassed Sam
and made Jane cry.
been communicated with, how the response has
been each and every time and how his attitude is
prohibiting any progress in the project. Ensure the
report is signed by every team member and send
the report to the higher management for review.

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Exercise 4
Answer to 5: The value displayed in cell B11 is 1.191016.
Answer to 6: The future value is $1,060,004.24
Answer to 11: The present value generated is $566,893.42
Answer to 12: Based on the given data, the required project worth in 5 years is $1,037,124.82.
Answer to 13: The required investment value is $461,790.61.
Answer to 14:
Present Value Interest Time Periods Future Value
$300,000 .06 4 $378,743.09
$550,000 .06 2 $617,980.00
$1,245,000 .05 4 $1,513,305.28
Future Value Interest Time Periods Present Value
$789,000 .06 3 $662,459.61
$500,000 .05 4 $411,351.24
$1,922,001 .06 5 $1,436,230.96