E What is the critical path and expected completion time for this project? OA. D-E; 29.5 weeks OB. A-B-C; 25 weeks OC. D-E; 27.5 weeks OD. A-B-C; 26.5 weeks
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- 18 Select the correct answer. Paul is the CEO of a mid-sized IT firm. Three weeks ago, he started a new project in his company. Soon after, Paul planned, scheduled, and assigned necessary tasks to his project team members. This week, the employees have started performing the tasks according to the instructions given to them on a trial. Which phase in the task lifecycle would Paul carry out next? OA. planning OB. reporting tracking testing OE. organizing Reset Next served. 99+You’re managing a project with a schedule performance index (SPI) of 1.07and a cost performance index (CPI) of 0.94. How would you BEST describethis project?A. The project is ahead of schedule and within its budgetB. The project is behind schedule and within its budgetC. The project is ahead of its schedule and over its budgetD. The project is behind schedule and over its budget Which of the following is the BEST example of a reward system?A. Everyone will get a bonus of $500 if the project meets its quality goals, $500 if itmeets its budget goals, and $600 if it comes in on time.B. The team member who works the hardest will receive $1000C. The five team members who put in the most hours will get a trip to DisneylandD. The team will only get a bonus if the project comes in 50% under budget, scheduleand quality metric goals. Even though the team leads know this goal is unrealistic,they agree that it will motivate the team to work harder”A project has four major activities. Activity A precedes activity B, activity C precedes activity D. 3-point estimates for activities are A(4, 8, 12 ), B( 3, 6, 9 ), C( 1, 2, 3 ), D( 6, 12, 18 ) weeks. What probability would you assign to a project duration of more than 14 weeks? O a. 0.402 O b. 0.949 O c. 0.75 O d. 0.5
- You have been hired by a contractor, who wants you to manage a constructionproject for one of their clients. The project team has been working for twomonths, and is 35% done with the job. Two of your team members come toyou with a conflict about how to handle the ongoing maintenance for a pieceof equipment. You know that they can safely ignore the problem for a while,and you’re concerned that if your project falls behind schedule before nextweek’s stakeholder meeting, it will cause problems in the future. You tell thetwo team members that the problem really isn’t as bad as they think it is, andif they take a few days to cool off about it you’ll help them with a solution.This approach to conflict resolution is known as ______.A. WithdrawalB. CompromiseC. SmoothingD. Forcing You are a project manager for a software project. As you are defining thescope of the work you need to do, you sit down with all of the project’sstakeholders and record all of the requirements you can get from…Instructions ASSIGNMENT PROJECT SCENARIO: You are married and you are the father or mother of a family of five with kids ages 10, 13 and 15) and a dog. The family has decided to take a camping trip when the children are out of school for the summer. The planned family camping trip is the project you will use to complete this assignment. INSTRUCTIONS: Create a Responsibility Matrix for no less than seven activities to be addressed in preparation for the family camping trip. Every member of the family must be assigned primary responsibility to complete at least or more activities for the project. Also, decide whether the dog will go on the camping trip with the family or whether arrangements will be made for someone to care for the dog while the family is away. Based on your decision regarding the dog, you must include at least one activity associated with the dog as part of the project responsibility matrix. Within the matrix, use "R" to indicate which individual has primary…Joe and Noël have just gotten engaged. Seeing as they are both business students, they thought that they’d try to plan out their wedding preparation as a project. Here’s the WBS they’ve determined is necessary for a simple but elegant wedding. Assume all durations are deterministic. Although perhaps not realistic to real wedding planning, use the standard calendar in ProjectLibre (use default working days in software). Based on the project you created, answer the following questions. Please note that each question is independent and not built upon each other. a) If Joe and Noël start wedding planning on January 1, 2023, when is the wedding day? b) What is the critical path? List all critical tasks in chronological order. c) Will the critical path change if Noël decides she needs two extra weeks for the Bridal Diet? If yes, what is the new critical path and when should the wedding be held? d) Assume that band auditions take twice as long as expected. Does this affect the…
- A project consists of three tasks: A, B, and C. Task A is known to take five days forsure. Tasks B and C are each dependent on A. B takes five days. C takes seven dayswith a probability of 0.5 and three days with a probability of 0.5. What is the expectedcompletion time of the project?a. 8 daysb. 10 daysc. 11 daysd. 12 daysMODELLING AND SIMULATION 1. What is the best way to plan a simulation project? Why? 2. Does project management help you to simulate a model? In what way/s? 3. Car dealers have realized how profitable it can be to sell automobiles by using the Web. Pretend that you work for a local car dealership that is part of a large chain of car industry. Create a project management process (include the sub-processes) that you will implement in developing such web-based system.The following precedence diagram reflects three time estimates for each activity. Determine: Use Table B1 and Table B2. 9-10-12 3 8 5-7-10 8-10-14 11-12-13 6 11 14-18-26 10.5-13-15.5 10 8-8-8 1 5-6-7 2 4 13-13-13 7 7-10-12 a. The expected completion time for each path and its variance. (Round intermediate calculations to 4 decimal places and final answers to 2 decimal places.) Path Mean Var. Std. Dev. 1-2-3-8-11 37.33 1-2-4-6-11 43.00 5.11 1-2-4-7-11 0.81 1-2-5-9-10-11 46.83 1.25 9-9-9 10-11-12 10-12-14
- You are managing a large construction project that’s been broken down intosub-projects (or phases). Each of these sub-projects is scheduled to takebetween three and six months to complete. At the end of each sub-project,you plan to go through the closing processes and document lessons learned.Which of the following BEST describes what you must do at the beginning ofeach sub-project or phase?A. Develop the preliminary scope statement for the phaseB. Make sure you don’t involve the team, to avoid introducing too much projectmanagement overheadC. Use the Earned Value Technique to decide whether or not to finish the projectD. Release all resources from the project and contact sellers to renegotiate allcontractsUsing your results from Problem 6,(a) Calculate the probability that the project will be completedin 38 weeks.(b) Calculate the probability that the project will be completedin 42 weeksYou have been assigned to be a member of a project review team to determine the “health” of project # WINGS3, and you will have to tell the division manager whether or not you predict that the project will be done according to the plan. The project manager gave you the following data about her program: BAC = 16,000; EAC = 17,500; AC = 13,250; EV = 10,000; Based on Earned Value metrics, what do you tell your manager? a. There are no problems, the project is great. b. The project is not on plan, but will finish on plan if they are about 11% more efficient. c. The Project is slightly behind, but should be able to finish on time. d. The Project is in serious trouble and plan on the infusion of additional funds to finish even close to on time. e. You cannot tell based on the metrics above. f. You have no idea what to say; they asked the wrong person.
