What is the outcome of an alternative A if the expected monetary value of a project is $4.56? a. $10.3 Ob. $5.0 O. S2.0 Od. 52.5 A (0.20) ? B (0.50) C (0.30)
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- ew Assessment X G As an independent pro x vle.phoenix.edu/ultra/courses/_386284_1/grades/asse X The project you have been hired to turn around is one that was started 18 months ago and was managed by the then-director of customer service, who, after 20 years, has left for another opportunity. This project, like other projects at the company, is floundering. It is already six months behind schedule and over budget, and it lacks commitment from the four other functional groups who are key stakeholders: sales, accounting, IT, and order processing. The project you are charged with getting back on track and completing is for a new customer service system that is projected to create efficiencies, automate call center functions, and increase the quality of customer service. Use this scenario to address the following in 525 to 700 words using MS Word. 1. Assess two reasons why the previous manager may not have been the right person to run this project. The previous manager was the director of…A project with total budget cost of 30 cr. is scheduled to be completed in 80 weeks. A periodic review was carried out at end of 60 weeks and results are as given: Budgeted cost of work performed = 17 cr. Actual Cost of work performed = 19 cr. Budgeted cost of work scheduled = 21 cr. What is the cost performance index? A.0.895 B.0.81 C.0.90 D.1.12Randall Systems in considering four projects A, B, C and D that have risks associated with the producing benefits. Based on the information given in the table below, which project is more desirable for the company? Project A Project B Project C Project D EUAW Prob. EUAW Prob. EUAW Prob. EUAW Prob. $2,000 0.2 $3,000 0.1 -$5,000 0.2 $4,000 0.4 $1,500 0.5 -$2,500 0.4 $6,500 0.5 $2,500 0.3 $3,000 0.3 $3,500 0.5 $1,000 0.3 -$2,000 0.3
- 4. Using a discounted rate of 12 percent, INITIAL COST NET CASH FLOW YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 PROJECT A (BROILER) K100,000 (20,000) 10,000 40.000 40.000 150.000 PROJECT B (LAYERS) K100,000 33,000 33,000 33,000 33,000 33,000 a. Determine the net present value of project A and B b. Calculate the IRR on mutually exclusive investment of project A and B. C. Which project must the farm undertake and why?please help, project management. I need part D,Eand 2 1) Given the following information for a one-year project, answer the following questions. Recall that PV is the planned value, EV is the earned value, AC is the actual cost, and BAC is the budget at completion. PV=$22,000 EV=$20,000 AC=$25,000 BAC=$120,000 a) What is the cost variance, schedule variance, cost performance index (CPI), and schedule performance index (SPI) for the project? Show your calculations. b) How is the project doing? Is it ahead of schedule or behind schedule? Is it under budget or over budget? Explain. c) Use the CPI to calculate the estimate at completion (EAC) for this project. Is the project performing better or worse than planned? Explain. d) Use the SPI to estimate how long it will take to finish this project. e) Sketch the earned value chart for this project. 2) Write a one-page summary explaining how is project cost management different when using an Agile approach? Make sure to document any cited…Use the weighted unit cost to determine the conceptual cost estimate (using the three- point estimate technique) for a proposed parking lot that is to contain 131 parked cars. Previous projects data are given in the table below. P.S. Consider the average of all numbers as the most likely value. Project No. Cost No. of cars 1 357,000 120 2 295,200 80 3 487,000 140 4 312,000 70 5 455,000 130 459,100 135 7 389,000 90 8 307,000 60
- 1. Analyze the cost variance metric, and include the equation and what the acronyms stand for. 1. Describe one project software program that could help a project manager control costs.Using PERT, Adam Munson was able to determinethat the expected project completion time for the construction ofa pleasure yacht is 21 months, and the project variance is 4.a) What is the probability that the project will be completed in17 months?b) What is the probability that the project will be completed in20 months?c) What is the probability that the project will be completed in23 months?d) What is the probability that the project will be completed in25 months?e) What is the due date that yields a 95% chance of completion?Consider the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 −$ 361,504 −$ 16,050 1 28,700 5,368 2 51,000 8,456 3 53,000 14,000 4 423,000 9,699 Whichever project you choose, if any, you require a 6 percent return on your investment. a. What is the payback period for Project A? b. What is the payback period for Project B? c. What is the discounted payback period for Project A? d. What is the discounted payback period for Project B? e. What is the NPV for Project A? f. What is the NPV for Project B ? g. What is the IRR for Project A? h. What is the IRR for Project B? i. What is the profitability index for Project A? j. What is the profitability index for Project B?
- After six months of work on the project’s site, your company collected the following information relating to work done so far on the project BAC=$156,478.00, planned value=$95,565.24, Earned value =$92, 985.56, Actual cost =$95986.60. Calculate the cost and schedule performance indices and interpret your results[Project Management] Because a housing project is running late, the developer will need to complete and deliver the houses as quickly as possible. You and your management team are responsible for mitigating the situation by including a time-cost trade-off analysis into the project. You will need to include the following: Normal crash Activity Prior Days cost, RM Days cost, RM A 7,000 7,000 B A 8,000 9 8,000 B 14 6,000 12 11,000 D B 18 5,000 11 8,500 E C,D 12 8,000 12 8,000 E 20 6,000 16 12,000 E 7,000 7,000 E 11 11,000 7 15,000 G, H 10 15,000 21,000 7 I, F 6 9,000 6 9,000 Construct a network diagram (PDM), including activity early start, late start, early finish, late finish and float.Q You have been asked to select between three projects. Project A has a netpresent value of $54,750 and will take six months to complete. Project B hasa net present value of $85,100 and will take two years to complete. ProjectC has a net present value of $15,000 and a benefit-cost ratio of 5:2. Whichproject should you choose?A. Project AB. Project BC. Project CD. There is not enough information to decide Q Which of the following is a defect?A. A mistake made by a team member on the jobB. A change that the team needs to make in how they do the workC. A project management plan that does not meet its requirementsD. A change request that’s been rejected by the change control board