Project Management Processes

Subject Name: Project Management ProcessesThe journal indicated below describes a national project. Based on the journal, and on your team’s understanding of the project, answer the questions below:DOI: 10.1061/(ASCE)CF.1943-5509.0000332Journal title: “1976 Montreal Olympics: Case Study of Project Management Failure”1. Was it an internal or external project? Provide a rationale. 5Marks2. Identify at least 10 major stakeholders for the project. 5 Marks3. What were the needs or expectation of each stakeholder? 5 Marks4. Identify and describe at least 5 most important resources used in the project. 5 Marks5. What was the alternative approach for the project (i.e. if the stadium had not been built, what else could have been done to ensure the Olympics still occurred)? 5Marks6. Based on (5) above, was building the stadium at this location and at this time the best approach to have been chosen? Provide rationale using PV, NPV, IRR, B/C. [1 page] 20Marks7. Provide two Level 3 Work Breakdown Structures (WBS) for this project. These two should be the initial (or planned) and final (or actual) WBS. Explain the difference [2 pages] 20Marks8. Based on (7), was there evidence of scope creep in the project? Provide a rationale. 5Marks9. Create one network diagram for the project using the final WBS in (7) above [1 page] 30Marks10. Use the Level 2 tasks in the final WBS to create one GANTT chart for the project. [1 page] 30 Marks11. Use the initial and final WBS to create two high-level budgets for the project. These two should be the initial and final budgets. Explain the difference. [2 pages] 30Marks12. Using the risk sources, describe three major (broad) categories of risks in the project. 6 Marks13. Using a table, list at least ten individual risks ranked by severity, and also link each of them to one of the categories in (12) above [1 page ] 20Marks14. For each risk in (13) above, describe at least one thing that was done or could have been done to mitigate that risk. 5Marks15.Was their adequate quality management processes in place (including quality planning, quality assurance, and quality control)? Provide a rationale. 4Marks16. Was there adequate outsourcing in the project? Provide a rationale. 5 Marks17. The journal-title indicates this project was a failure. Do you agree? Provide a rationale. 5Marks18. If anyone in your group was appointed the project manager for this project, what would you have done differently to make this project successful? 5Marks19. Describe at least five major lessons that can be learned from this project. 5 Marks20. Other – Abstract, Introduction, Conclusion (one paragraph each) 10Marks21. Other – Effective APA (Times New Roman, font size 12, double-spaced, in-text citations, grammar, reference list, etc) 10 Marks22. Other Considerations 5Marks