MGMT_4085_Assignment_2_Instructions
pdf
keyboard_arrow_up
School
Centennial College *
*We aren’t endorsed by this school
Course
4037
Subject
Industrial Engineering
Date
Feb 20, 2024
Type
Pages
3
Uploaded by PrivateElement11945
SCHEDULE & COST MANAGEMENT: Assignment 2 – 20
% MGMT 4085 1 Frankie & Co to Open a New Bakery Frankie and Charlie recently a completed a degree in Culinary Arts, with a specialty in baking. They decide to start a business, Frankie & Charlie Bakes (F&CB) to make their own baked goods. They decide to differentiate themselves from the competition by producing sustainably sourced ingredients, using environmentally conscious manufacturing techniques. After conducting a series of market research studies, they decide to introduce a line of products that are based on flavours from around the world. The taste, branding and name of the products will be based on specific regions in the world that they have visited over the years. Your team has been hired to assist them in setting-up the new bakery. They need your help to build a plan to start the bakery. Your team has completed the WBS, Precedence Table and identified the Critical Path with the Network Diagram. Your team met with Frankie and Charlie to review the work and get agreement to move to the next step in the engagement – preparing the project schedule. Frankie and Charlie have also provided your team with the following information: -
They want to start this project on May 2nd, 2022
with a maximum budget of
$250,000 (CAD) and needs to be completed within 4-months.
-
May
13 to 15 will be an offsite meeting that you and all other resources
need to
attend, so no work will take place during these days
-
No work on the weekends
-
Frankie and Charlie have asked you to include all the project management work
required to complete the project in the schedule and identify the related costs
i.
e., WBS, Precedence Table and Network Diagram.
You need to prepare a project schedule to track and manage the work. The project schedule will be used to determine the costs and report on the progress. The project schedule needs to include the following components: -
Summary level information of the work
-
Task level information of the work
-
Start & Finish dates for each task
SCHEDULE & COST MANAGEMENT: Assignment 2 – 20
% -
The amount of time required to complete each task (duration)
-
Include predecessors and milestones
-
Identification of the critical activities illustrated in the GANTT chart and schedule
-
Assign resources and costs for all activities
-
Set Project Baseline
-
Identification of Summary Tasks (Level 2)
-
Identification of Task Level work (Level 3, 4 etc.)
-
Duration of the Tasks
-
Accuracy of the Start & Finish dates based on
o
Project Start Date
o
Non-Working Time
o
Holidays
-
Identification of milestones
-
Identification of predecessors (dependencies)
-
Identification of the critical activities
-
Identification of costs
-
Alignment budget
-
Consistency of project schedule with the Network
Diagram
-
Automatic
scheduling of all tasks
-
show Entire Project with Gantt chart
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
- Access to all documents
- Unlimited textbook solutions
- 24/7 expert homework help