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Problem of The Week: Do Your Best!

1) In Scenario 1, the project manager has two options - wait for the injured laborer to recover, compromising on time, or hire another resource to complete the work, compromising on cost. 2) In Scenario 2, increasing the scope from 2m to 3m while keeping time fixed will require compromising on cost, which will increase from 100,000 to 150,000. 3) For Scenario 3, De Havilland's Comet crashes were due to compromising on quality assurance protocols rather than cost in order to be first to market with a jet aircraft.

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Adnan Sheraz
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51 views4 pages

Problem of The Week: Do Your Best!

1) In Scenario 1, the project manager has two options - wait for the injured laborer to recover, compromising on time, or hire another resource to complete the work, compromising on cost. 2) In Scenario 2, increasing the scope from 2m to 3m while keeping time fixed will require compromising on cost, which will increase from 100,000 to 150,000. 3) For Scenario 3, De Havilland's Comet crashes were due to compromising on quality assurance protocols rather than cost in order to be first to market with a jet aircraft.

Uploaded by

Adnan Sheraz
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Name: Arzoo Fatima Roll #: 2018-MBA (2.

5)-338 Class: CAPM

Problem of the Week


Instructions: Read the POW and work in the space provided. Remember to show your work. If
you need extra space, you can attach another sheet of paper. Answers without work shown will
not be graded. Remember: Do your best! Partial answers are better than no answers!

The Project Triangle In the project triangle, also called the iron triangle (Barnes 1969), there
are three key constraints (triple constraint):

In the project triangle, also called the iron triangle, there are three key constraints
(triple constraint):
Scenario # 1:

Impact of changes:

Changes and constraints interact with each other:

Building a wall:

Scope: 2m (h) by 5m (l)


Time: 1 week

Cost: RS- 100000

Bricklayer Labor injured after two days’ work due to accidently dropped from Height of 10-
feet.
Question: What will be the options available for Project Manager in order to Execute the task
within Scope, Time, Cost, and Quality? Please elaborate in the form of Iron triangle in case of
options available with Project Manager? (Marks-2.5)

Scenario # 2:

Impact of changes:

Changes and constraints interact with each other:

Building a wall:
Scope: 2m (h) by 5m (l)

Time: 1 week (Fixed Deadline)


Cost: RS- 100000
Scope is Revised:

Scope: 3m (h) by 5m (l)

Time: 1 week (Fixed Deadline)


Cost: _____________________

Question: What will be Impact on Cost and Scope? Draw an Iron Triangle to Show all
Constraints (Marks-2.5)
Scenario # 3:

Impact of changes:

Changes and constraints interact with each other:

De Havilland's Comet 1952

13 Crashes
426 Fatalities

Question: Why? Please Explain with Reason in terms of Project Management Constraints.
Which Constraint impacted much more than others? (Marks-2.5)

Final Answer Box: Put your final answer here. Describe or explain it in one complete
sentence. (Do not just write a number.)

Scenario # 1
In scenario 1 we have 2 options. Either project manager can wait for the
recovery of the labor as we have no time restriction. In this case PM would be compromising
on Time. Or PM can hire another resource for this purpose as it is not considered good to stop
a running project. So, in this case Pm would be compromising on cost.

Cost

Cost

Time Scope Time Scope


(a) (b)
Scenario # 2
Scope: 3m (h) by 5m (l) = 3x5 = 15
SMT Cost?
Referred to scenario-1
Scope: 2m (h) by 5m (l) = 2 x 5 = 10
SMT Cost: RS- 100,000
Cost Per SMT = 100,000/10
SMT = 10,000/SMT
For 15 SMT cost will be: 15 x 10,000 = 150,000 PKR
In this Scenario the time is fixed and scope is increased so PM have to
compromise on cost to fulfill the scope within the deadline i: e; 1 week

Cost

Time Scope

Scenario # 3
De Havilland's Comet is pioneer in jet industry. They were investing a lot in this
field in the very initial stages. Their research and development cost were in billions so there
was no compromise on the Cost constraint. It was a dilemma they overlook some Quality
Assurance protocols. They don’t go for proper prototyping and not followed Six Sigma
techniques. They also skipped some testing protocols which resulted into 13 crashes and 426
fatalities.
So, De Havilland’s Comet compromised on quality rather than cost or time.

Cost

Time Quality

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