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Exercises

1: Sequence the phases of a project life cycle.

Review

Implementation

Development

Idea generation and selection

2: In this scenario, your family—which consists of your wife Sam, daughter Jennifer (14 years), son Tim (8 years), and you—wants to go on a vacation to Paris or London. You want to go on the vacation to have a nice time with your family. Your wife wants to relax and enjoy herself without hectic working schedules. Your daughter wants to see different places and wants to learn about their culture. Your son wants to have fun by playing outdoor games and skateboarding. You plan at least 20 days for the vacation and can spend approximately $12,000.

You estimate the cost of a trip to Paris as follows:

Tickets (round trip) $2,000 per person
Hotel family suite $200 per night
Tours and travels $2,000
Visas $500
Purchases $2,000


You estimate the cost of a trip to London as follows:

Tickets (round trip) $1,800 per person
Hotel family suite $175 per night
Tours and travels $2,500
Visas $500
Purchases $2,000


Estimate the total amount that you need to spend on the vacation for each location.

Does the total amount exceed your budget in both the cases?

How can you meet your objectives of the trip project?

Identify the phases of a project’s life cycle that your group used to answer the questions.




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