W3 SC361 Homework Project Management 5

Example 2.39 Table 2.119 provides normal and crash times as well as normal and crash costs for the activities of a project. Table 2.119 Project activity details Activity Normal Time (Weeks) Normal Cost (Lakhs) Crash Time (Weeks) 1-2 3 5 2-3 4 8 2-4 3 4 2-5 8 S 3-6 4 3 4-6 6 2 5-7 5 10 6-7 3 7 1 3 2 7 2 4 4 1 Crash Cost (Lakhs) 9 14 6 6 5 3 14 10 Project Network Analysis-1 | 141 (a) Draw the network and find the critical path. (b) Using the above information, crash or shorten the activities step by step until the shortest duration is reached. MMM, VI Sem, Mumbai Univ, 2006

EX6-12 (Algo) You are creating a customer database... You are creating a customer database for the Lehigh Valley IronPigs minor league baseball team. Given the information below, complete the forward and backward pass, compute activity slack, and identify the critical path. How long will this project take? ABCDACHSX K L Description Systems Subsystem A design Subsystem B design Subsystem C design Program A Program B Program C Subsystem A test Subsystem B test Subsystem C test Integration Integration test days. Predecessor None A A A B с D E F G H, I, J K Time (days) 7 3 1 3 5 15 5 3 3 5 3

Lenovo Barmaining Time: 30 minutes, 26 seconds. Question Completion Status: Consider the following payoff Table Decision Alternative D1 D2 The State of Nature 0.79 1-0.79- S1 52 5 8 8 4 D3 14 4 What is the payoff value for the D2 under S2 should be to keep the optimal solution always optimal?(Do not writ the sign > or <) (Round your answer to 2 decimal places) Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers

Q1: An electrical engineer wants to finish his new device production project within 47 days to meet his contract deadline. Explain what he should do to meet his plan. The project information is listed below. Please ignore the indirect cost. Time Crash Normal Crashed Activity Predecessor Normal time Cost $ cost $ (days) (days) A 12 9 $210,000 $270,000 B 23 18 ----- $410,000 $460,000 C A 15 12 $290,000 $320,000 D B 27 21 $440,000 $500,000 $350,000 $410,000 E C 18 14 F E 6 4 $160,000 $210,000

#3 Question 30 WBS stands for which of the following project management tools? O work break schedule O work breakdown schedule O work break status work breakdown structure O work breakdown status * Previous MacBook Air 000 F2 08 000 F5 DD F8 $ 4 %23 % & 5. 9 8.

Q2 Please help with correct answers in details: Step by step. Last submission got incorrect answers. Due to population growth in the area, the new Liberty High School has just opened in a local school district. The athletic director at Liberty High is planning the launch of the school's track and field team. The first team practice is scheduled for April 1. The activities, their immediate predecessors, and the activity time estimates (in weeks) are listed in the following table.       Time (Weeks) Activity Description ImmediatePredecessor Optimistic Most Probable Pessimistic A Meet with board   1 1 2 B Hire coaches A 4 6 8 C Conduct fundraiser A 2 4 6 D Announce program B, C 1 2 3 E Meet with coaches B 2 3 4 F Order team equipment A 1 2 3 G Register athletes D 1 2 3 H Reserve buses for meets G 1 2 3 I Plan first practice E, H, F 1 1 1   Develop an activity schedule. (Round your answers to two decimal places.) Activity EarliestStart LatestStart…

Question 2                                                                                         Problem Statement:  Project Control and Monitoring   You are working on a manufacturing project having a budget of PKR 3,600,000 and expected time of its completion is one year. There is an ideal condition that your budget and work are evenly spread across the duration of the project that is twelve month. At the end of forth month, the senior management has called a meeting and invited all the stakeholders to brief about the status of the project. You being the PM of this project is giving the presentation to all the attendees and informed that project is on schedule and PKR 1,800,000 have already been spent on the project.   Required: Calculate Cost and Schedule Variance What is SPI and CPI of the project? Estimate at completion and Estimated time to complete?

nity College | Pima x B Module 12 Practice Assignment 6 Question 1- Module 12 Practice x A ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=D0&launchUrl=https%253A%252F%252Flms.mheducation.com%252Fmghmiddleware%252Fr ediStay v4 E New Scorpion O Redistay - (Unknown) U Ulitpro -New e Scorpion (UAT) 5) Springfield - Home inContact Dashboards RediStay v4 (UAT) -... lodule 12 Practice Assignment_Ch.17 i Saved 1 Challenge Problem 17-25 (Static) [LU 17-2 (2)] A delivered price (including attachments) of a crawler dozer tractor is $135,000 with a residual value of 35%. The useful life of the tractor is 7,700 hours eBook Print a. What is total amount of depreciation allowed? References Total amount b. What is the amount of depreciation per hour? (Round your answer to the nearest cent.) Amount of depreciation per hour

Q1(c) In a resource-constraint scheduling, the project manager is required to apply a resource smoothing technique. Give 3 goals of resource smoothing.

Remaining Time: 1 hour, 55 minutes, 58 seconds. A Question Completion Status: 1 2 3 4 6. 7. 8. 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 A Moving to another question will save this response. Quèstion 3 «< Ques 4 points Targeting is defined as evaluating each market segments attractiveness and selecting one or more segments to enter. List and briefly explain the four targeting strategies. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 10pt 工%厄白 Q5d 州 x? X, RBC V - 田田用国 田田図 P. O WORDS POW A Moving to another question will save this response. « < Ques hp

Two senior managers (Brad and Dave) at Alpine Inc. are disagreeing about the managerial skills needed by the person who will be chosen to lead the company's next product development project. Brad argues that the person needs strong technical skills and substantial knowledge about the latest technology relevant for the project, but Dave says that the person must first and foremost have strong conceptual skills in order to effectively manage the project. The statement that weakens Brad's argument is:   Question 20 options:   A)  The existing product development manager with the strongest conceptual skills in the company also has the weakest technical skills.   B)  The project is complex and has unusual requirements.   C)  The existing product development manager with the weakest technical skills also has the weakest human relations skills.   D)  The project is very large and…

Question:   A Hospital Management System Development Project has a budgeted cost of Rs. 11,900,000/-. The project is to be completed in 11 months. After 4 months, you have completed 24 percent of the project at a total expense of Rs. 1,475,000/-. You, as a Project Manager, needs to submit the monthly performance report to the Steering Committee. Based on EVM methodology, please identify the current progress of the Project. Find Budget at Completion (BAC), Actual Cost(AC), Planned Value (PV) and Earned Value (EV). Calculate the Project Health by finding values of Schedule Variance (SV), Schedule Performance Index (SPI), Cost Variance (CV) and Cost Performance Index (CPI). What these value shows? If the project continues at the current pace, what will be the true cost of the Project or Estimate at completion of the project. What actions, You would suggest or take as a Project Manager, to keep the budget and time under control.

A, 6 4. E Question 5 The critical path for the network activities shown below is with duration Immediate Activity Duration Predecessors A 2. C. 1. D. B,C,D 3. A-D-E; 11 B-D-E; 13 B-E; 7 B-C-E; 8 O A-C-E; 6 MacBook Air 08 F3 O00 000 F4 F5 DD

15. For the network shown: Crash Cost/week - (CC-NC)/(NT-CT) TOTAL COST-$44,000 Crash D-$1,000 Crash G-$2,000 Crash A-$3,000 0 0 ATS) Activity A B 54 C D E F 45 45 B(10) C(8) 1514 15 10 13 12 14 Normal Time 5 8 6 7 14 15 15 D(6) 21 20 19 21 a. Determine the critical path and the early completion time in weeks for the project. b. For the data shown, reduce the project completion time by three weeks. Assume a lin- ear cost per week shortened, and show, step by step, how you arrived at your schedule. 20 19 E(7) 14 13 17 F(4) 17 21 Normal Cost $7,000 12,000 5,000 4,000 3,000 6,000 7,000 21 20 21 25 G(4) 25 Crash Time 3 7 7 24 23 22 A 2 B3 C1 D1 E1 5 6 F1 3 G1 Crash Cost $13,000 18,000 7,000 5,000 6,000 7,000 9,000 A $3,000 B $2,000 C $2,000 D $1,000 E $3,000 F $1,000 G $2,000

Unlike management reserves, contingency reserves are not likely to be spent and are not part of the project's budget baseline, but they can be included in the total project budget.   Question 29 options:   True   False

What is the total cost for this project? (question a)iv.)

Activity Immediate Predecessors Normal Time (NT) (weeks) Normal Cost (NC) ($) Crash Time (CT) (weeks) Crash Cost (NC) ($) A --- 4 $200 2 $650 B A 6 $500 4 $900 C A 5 $600 3 $1,200 D A 6 $1000 5 $1,400 E B 6 $1,500 5 $2,000 F C, D 5 $200 4 $400 G E, F 6 $600 4 $1200 Determine the minimum cost-schedule for this project to be completed in 18 weeks.?

Question 5 Many of the individuals that sit on the group or council that typically oversees the Lean Six Sigma projects and culture in an organization also get involved in the day-to-day project details to ensure that the projects they are sponsoring or championing are going according to plan. O True O False Question 6 All of the following are types of team members on a Lean Six Sigma project EXCEPT: O Regular team members O Ad-hoc team members O Project evangelists O Resource team members.

Question 6 6. Why does new product development theory show the process as an inverted triargle, with the first stage at the top of the triangle? O Because the number of ideas that will result in viable new products decreases as the process progresses. O Because there are more stage gates in the early stages of the process. O Because more money is spent in the early stages of the process than at later stages. O Because each project's potential revenue decreases as it progresses through the process Question 8 8. Southwest Airlines screens potential employees rigorously and uses several unique interview processes to hire the right people. Southwest also has an extensive training progran for new employees These tactics reduce in service delivery, O Varlability O Overtead costs O Search qualities O Corsintence Question 10 2 pts 10. Ambient Management, Inc was experiencing a gap in the services it was providing. It dosed the gap by ensuring that its customer-facing staff had the skills,…

IT PROJECT MANAGEMENT:EX 2.4 You have a project to be completed in 12 months, and the budget of the project is R100, 000. 6 months have passed, and R60, 000 has been spent., but on closer view you find that only 40% of work has been completed so far. Given in question : Actual cost (AC) =R60 000 Earned Value (EV) =40% of R100 000 =R40 000 Find the project's cost varience (CV) and determine if you are under budget or over budget.

ACTIVITY   Immediate Predecessor   Normal Duration (wks)   Minimum Duration (wks)   Crash Costs ($/wk)   A   ---   4   4   ---   B   ---   3   2   100   C   A, B   5   3   200   D   C   4   4   ---   E   C   2   1   300   F   C   1   1   ---   G   D   3   2   200   H   E   1   1   ---   I   F   1   1   ---   J   H, I   3   1   100                   What is the slack time for Activity F and the late start for Activity H?   Group of answer choices 2 weeks, 11 weeks 1 weeks, 11 weeks 3 weeks, 10 weeks 2 weeks, 12 weeks None of the above are correct.

Paragraph Styles Eg Problem 2 The table below contains data for the installation of new equipment in a manufacturing process for a steel corporation. Your company is responsible for the installation project. Indirect costs are $6,000 per week, and a penalty cost of $10,000 per week will be incurred by your company for every week the project is delayed beyond week 15. Immediate Normal Time Crash Time Normal Cost Crash Cost Activity Predecessor(s) (weeks) (weeks) ($) 7,000 3,000 ($) A None 1 10,000 None 2 3,000 A 3 1 12,000 40,000 12,000 28,000 E C 1 1 8,000 8,000 F D, E 5 5,000 15,000 3 9,000 18,000 F, G 6. 14,000 32,000 Construct a network diagram for the project. a. b. What are the project completion time and the total cost under normal conditions? What is the shortest time duration for this project regardless of cost? What is the resulting total cost? с. d. What is the minimal total cost associated with completing the project in 16 weeks? e. What is the total time for the…

Discussion Question #3 - Discuss the concept of Project Crashing and provide recommendations about how Freeze Inc. could crash the time expected to complete their project presented in Problem #2. Page 4 of 5 acer

Question - Identify and analyse the main project scope and time management issues at Macon, Inc.    CASE STUDY Macon was a fifty-year-old company in the business of developing test equipment for the tyre industry.The company had a history of segregated departments with very focused functional line managers. Thecompany had two major technical departments: mechanical engineering and electrical engineering. Bothdepartments reported to a vice president for engineering, whose background was always mechanicalengineering. For this reason, the company focused all projects from a mechanical engineeringperspective. The significance of the test equipment’s electrical control system was often minimized when,in reality, the electrical control systems were what made Macon’s equipment outperform that of thecompetition.Because of the strong autonomy of the departments, internal competition existed. Line managers werefrequently competing with one another rather than focusing on the best interest of…

Recommendations for North East Link project in Victoria. Recommendations on how to solve budget blowout. Please include references.

Question 4 You are currently working on a project to be completed in 20 months. The budget of the project is R12 000 000. Six months have passed, and the schedule says that 30% of the work should be completed. To date R2 800 000 has been spent already, however on a closer review; you find that only 15% of work has been completed. 4.1. Calculate the project's Planned Value (PV). 4.2. Calculate the project's Earned Value (EV). 4.3. Calculate the project's Cost Variance (CV) and determine if the project is under budget or over budget. 4.4. Calculate the project's Schedule Variance (SV) and determine if the project is behind schedule or ahead of schedule.

Activity Normal_time Crash_time Normal_cost Crash_cost Slack 28 22 5800 6700 0 30 4200 4200 1 13 4500 4500 0 25 4300 6700 1 18 5700 6700 2 20 5200 6500 2 AB C D E F 30 13 33 29 Previous 34 The table shows normal time (in days), crash time (in days), normal cost (in dollars), crash cost (in dollars) and slack time (in days) of activities in a small construction project. According to this table which activity must be crashed first? Assume there is only one critical path. (Only type the name of the activity, Example: A. Next

(2-a) a. Development of a new deluxe version of a particular software product is being considered.  The activities necessary for the completion of this are listed in the table below (Time in weeks).   Activity Normal Time Crash Time Normal Cost Crash Cost Immediate Predecessor A 8 6 2000 2600 -- B 5 2 2200 2700 -- C 6 4 2100 2500 A D 12 6 2300 2600 B E 11 7 900 1200 B F 4 3 1500 1900 C G 7 4 2100 3600 D, E, F   i. What is the project completion date? ii. What is the total cost required for completing this project on normal time? iii. If you wish to reduce the time required to complete this project by two weeks, which activity or activities should be crashed, and how much will this increase the total cost?