7:376TIME REQUIRED (WEEKS)АCTIVITYambDESCRIPTION OF ACTIVITYIMMEDIATE PREDECESSORS114Draft of legal documents23Preparation of financial statements35Draft of history78Draft demand portion of feasibility study545Review and approval of legal documents16.14Review and approval of history37456.Reviewfeasibility study4814Draft final financial portion of feasibility study734Draft facts relevant to the bond transaction51011Review and approval of financial statements11182026Receive firm price of project1213Review and completion of financial portion offeasibility study81311Completion of draft statement6, 9, 10, 11, 1214.10.14.16All material sent to bond rating services13Statement printed and distributed to allinterested parties15.2.3.414161Presentation to bond rating services14171Bond rating received1618357Marketing of bonds15, 1719.1.1.2Purchase contract executed1820.1.14.16Final statement authorized and completed192136Purchase contract1922.1.1.2Bond proceeds available2023.2.2Sign construction contract21, 22Requirements:As you can see, optimistic (a), most likely (m), andpessimistic (b) time estimates have been given for allthe activities described in the table.1. Determine the total project completion time for thispreliminary step2. The critical path3. Slack time for all activities involved(Pls. Don't forget to show supporting calculation)Good luck!LO HW-05.pdf20 December 2021, 4:42 PM 4:21ul 04chegg.com/homewoi1)DONETime (weeks)ActivityDescriptionImmediate Predecessor(s)am5 Drafting legal documentsPreparation of financial statements5 Draft of historyDraft demand portion of feasibilitystudyReview and approval of legaldocuments1144334474414 Review and approval of history6 Review feasibility studyDraft final financial portion offeasibility study13748.127Draft facts relevant to the bond4transactionReview and approval of financial10112statements26 Firm price received of projectReview and completion of financial11182023portion of feasibility study2 Draft statement completedAll materials sent to bond ratingservices113116, 9, 10, 11, 12140.100.140.1613Statement printed and distributed to0.4all interested parties150.20.314Presentation to bond rating1611214services17123 Bond rating received167 Marketing of bonds0.2 Purchase contracts executed1815, 17190.10.118Final statement authorized andcompleted200.10.140.161921236Purchase contract190.2 Bond proceeds available0.2 Sign construction contract220.10.120230.00.221, 22Get this answer with Chegg StudySEE THE ANSWER4.El2512

Answered: 1. Determine the total project…

Practical Management Science

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Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Explain the many pieces of hardware and advancements in technology that go into the definition of IT project management.
6. Given the following network, with activity times in months, determine the earliest and latest activ- ity times and slack for each activity. Indicate the critical path and the project duration.
Event Predecessor Event Time A - 6 B - 8 C A;B 12 D C 4 E C 6 F D;E 15 G E 12 H F;G 8 Specify : a) The project age b) Critical event and critical time
ANSWER THE FOLLOWING QUESTIONS ( SHOW ALL WORKINGS) 1. Determine and state the critical path for this project. 2. What are the expected time and the variance of the project? 3. What is the probability that the project is completed in 22 or fewer weeks 4. What date should be set such that there is a 94% chance of completion within that time?
What exactly is meant by the term "critical route" when referring to the management of projects?
You lead a family day project for welcoming the arrival of the new students to the campus. The accompanying Table 1 shows the activities, times and sequences required for the project planning and monitoring. Based on the Table 1, using Critical Path Method (CPM) diagram, determine the ES, EF, LS & LF, identify the critical activities, critical path and the expected project completion time.
Swimming Pool Installation: You are the project manager working for Mack's Pool Co. Your project consists of installing a new swimming pool at the local country club before Memorial Day weekend (pool opening weekend). You would like to find the minimum cost schedule for your project. There is a $9,000 per week penalty for each week the project is delayed beyond week 9. In addition, your project team determined that indirect costs are $15,000 per week. ACTIVITY Immediate Predecessor (s) NORMAL TIME (NT) CRASH TIME (CT) Normal Cost (NC) Crash Cost (CC) A -- 2 1 7,000 10,000 B -- 2 2 3,000 3,000 C A 3 1 12,000 40,000 D B 3 2 12,000 28,000 E C 1 1 8,000 8,000 F D, E 5 3 5,000 15,000 G E 3 2 9,000 18,000 Before crashing, the project duration is _________ week(s). The total cost of the project if we do nothing is $ __________ (round to the nearest dollar). The minimum cost…
4 01:34:47 The network diagram and task times for a project are shown below. A₁ A2 Late start time A3 Task A₁ A₂ A3 A₁ A5 What is the late start time for activity A3 ? Duration (days) 7 6644 A4 days A5
(Note: Task N is a dummy task. It must be included in the relationships, but its duration is 0. Be sure its duration is set to 0) Please see attached chart and diagram. 1. Set the Project start on Monday 11/1/20. Thursday 11/26/20, Friday 11/27/20, 12/25/20, and 1/1/21 are holidays. 2. Determine critical path and its duration. When the project will end (date)? 3. There is a possibility that the starting task K may be delayed by 3 days. Will this impact the project completion date? If yes, when will be the new finish date? (After checking this out, please restore the project to its original schedule). 4. Assign the following resources to the tasks. All resources will be full time. (Set the leveling to manual first).
Part 1. Use the information provided in Table 1 to develop the project schedule in MS Project. Assume that the project will begin on January 1, 2022. A standard work week is to be applied to the schedule with the only recognized holidays being New Year's Day, MLK Day, Memorial Day, July 4th, Labor Day, Thanksgiving Day and the day after, and December 25th. If a holiday falls on the weekend, the employees are out of luck. Lags and times units are shown in the notes to Table 1. First, develop the schedule without considering resources. Next, add the resources with costs. Assume that tasks cannot be split. Part 2. You will need to three (3) milestones to the project. You can determine where they are. + Table 1. Activity requirements Task ID Task Description A Market Study B Functional Specifications C Manufacturing Planning Product Feature Selection E Develop Marketing Plan F Design Manufacturing Process G Detailed Smartphone Design H Prototype Testing Finalize Product Design D 1 J Order…
1. What would a project manager have to do to crash an activity? 2. Describe the meaning of slack, and discuss how it can be determined? 3. What are the three time estimate used in the Critical Path Method? Why is it important to have three different time estimates?
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1. Determine the total project completion time for this preliminary step 2. The critical path 3. Slack time for all activities involved