Answers:

·      Kano model
·    Differences between a sponsor’s view and project’s view in a project balance sheet
·      Triangular distribution
·     Organizational break down structure


·         Kano model:
The Kano model is more narrowly focused than the former two models discussed. Named after Dr. Noviashi Kano the model is aimed at capturing the voice of the customer for requirement for products and service. Originally conceived in the 1970’s as a quality tools for obtaining a good match of customer need and product features and function, project managers can apply this tool not only for grading requirements but also for evaluating budget allocations and priorities, and for assessing qualitative risks. Kano models one quiet useful for project managers who must make dollar decisions about where discretionary funds can be best leveraged for business value.

Kano orderly addresses two of the focus areas already described: customer perspective and product excellence

 Differences between a sponsor’s view and project’s view in a project balance sheet:

sponsor’s view
project’s view
The left side of the project balance sheet is the sponsor’s view, akin to the right side of the financial balance sheet (Money owed to creditors and money invested by owners).
The right side of the project balance sheet is the project side, akin to the left side of the financial accounting sheet (Assets owned by the business).
It is resources owned by others and provided to the project.
It is estimates and evaluations of the project manager.
Is a fact-free zone.
It is all about facts (benchmarks) and estimates (benchmarks applied to project circumstances).
It involves top-down allocation of resources to the vision.
It involves bottom-up allocation of resources.
A project sponsor refers to the project as a black-box.
The project manager sees the project as a white-box.



Triangular distribution:
 A triangular distribution refers to a continuous probability distribution that has a lower limit a, mode c, and upper limit b. This type of distribution is generally used where the distribution is only vaguely known, but like the uniform distribution, upper and lower limits are already known. Triangular distribution is used when risk is asymmetrical. A triangular distribution is used in making a business decision or planning a project. Fig. depicts a triangular distribution:

  

 Organizational break down structure:
 The Organizational Breakdown Structure (OBS) is a structure similar to the WBS. The OBS is prepared for the organization undertaking the project. The structure helps in identifying responsibility, accountability, management, and authorisation. It also displays organizational relationship, which helps in assigning resources to project works.   


The OBS helps in breaking down complex projects and present project works in an organised way. A major distinction between the WBS and the OBS is that the WBS defines project works during the early stages of the life cycle, whereas the OBS is used to provide an organizational structure of a project as it moves to completion. The OBS provides an at-a-glance of the organizational resource structure of a project in a hierarchical manner. The OBS is not task focused.