233.If the project must be expedited to meet an earlier date, the first action the project manager would take is to check which activities:

Q: The company decided that the project in the previous problem had to be expedite in order to optimize…

A: GIVEN,

Q: What is the probability that the project will be completed before the late-payment deadline

A: Expected Completion time = 145 working days Variance = 400 Required Competion = 180 days   Standard…

Q: Draw the project network Compute the expected time and variance for each activity Compute slack for…

A: WE ARE ALLOWED TO DO THE FIRST THREE SUB-PARTS ONLY. ANSWER IS AS BELOW:

Q: Create a risk matrix in the style of Figure 17.13 for this project. Use a vertical scale of $0 to…

A: A Risk Assessment Matrix is a graphical representation of the cost of the occurrence of that event…

Q: Answer following 4 questions 1: The probability that the project would be completed within 40…

A: Question 1: The probability that the project would be completed within 40 daysAssuming z = 1.25,…

Q: A recent survey by IBM of 585 mobile application developed and managers found that only one-thir of…

A: Some of the potential risks involved are as follows-

Q: 1)List and explain the phases that mark the life of a project.

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: For this assignment, you will design a risk management plan for a project titled “prolonged waiting…

A: Here, I will design a risk management plan for a project, The project title-  "Prolonged Waiting…

Q: A completion time (X) is expected to be 52 weeks, with a variance of 64. What is the probability the…

A: This question is related to the topic - Project Management and this topic falls under Operations…

Q: A (3, 1.4) (5, 1.4) B 2 3 C (6, 2.21 D (2, 0.8) F (3, 1.3) 5 (5, 1.1) G E (7,3.1) 6

A: Given are the paths and their completion weeks. The path with highest duration of completion is…

Q: Suppose that the crash cost is $10 million, normal cost is $8 million, normal project time is 10…

A: Project crashing is a method used in project management to increase the project time by decreasing…

Q: The FWO has just made the winning bid of 54 million Rs. to construct a new Building. Company has…

A: Master Working Sheet as mentioned-

Q: Rich Cole Control Devices, Inc., producescustom-built relay devices for auto makers. The most…

A: Critical path: The critical path in project management is used to calculate the most efficient…

Q: The project manager at Golden Projects is preparing status reports for other project stakeholders.…

A: Operation management in an organization aims at providing the highest efficiency possible. It…

Q: Project Manager (PM) Alyssa starts a job for which she makes a detailed plan. The project…

A: Alyssa, a project manager, begins a task for which she creates a thorough plan. This plan includes…

Q: risk in a project environment are always negative or condidered to be the threats to project…

A: The objective of this question is to understand the nature of risks in a project environment and…

Q: 14. Which of the following is another term commonly used to indicate field indirect costs? a General…

A: Indirect Field Costs: - These are the costs that are required for the completion of work, but they…

Q: Izzi used a project management softwäre package and has determined the following results for a given…

A: Expected completion time of the project: μ=22 days Variance of Project: σ2=2.77 days Standard…

Q: Two activities on the same critical path are candidates for crashing on a CPM network. Activity…

A: Crashing is a concept that is used to reduce the project duration so that the project can be…

Q: Dan, the project manager, has indicated in a planning meeting that the team should identify and…

A: Project management is the process of effectively utilizing the constraints and controlling a team…

Q: Project closing actions should:     be identified once the project has been completed     be…

A: Project closing actions are an essential part of project management. They are the tasks that need to…

Q: Rob Smith is managing a small project at Boston University. He is under pressure to shorten the…

A:

Q: Development of Version 2.0 of a particular accountingsoftware product is being considered by Jose…

A: Note: - Since we can answer only up to three subparts we will answer the first three subparts(a, b,…

Q: Potential risks within a project:     should be addressed proactively early in the project life…

A: A plan must be prepared and placed in writing when a project has received approval. A documented…

Q: Plan Scope Management is the process of creating a scope management plan that documents how the…

A: Plan Scope Management is a crucial process in project management that lays the foundation for…

Q: A) What is the variance activity B? 2 decimal places B) What is the variance of activity F? 2…

A: Note: Since you have posted a question with multiple subparts, we will solve the first three…

Q: As a project manager if you have to develop the project in very short period, then which type of…

A: When considering the process of project management the project managers utilize predictive project…

Q: One of the following owns the Project Management Plan (PMP)?         The project team.       The…

A: A project management plan (PMP) is is a conventional archive that characterizes how a task will be…

Q: Discuss the use of time planning as a project risk management tool.

A: Time planning is one of the important aspects of project management that helps mainly in managing…

Q: When an activity has to be crashed, the following have to beconsidered:a) the inherent risks…

A: Crashing referred to the schedule which means to apply additional resources to the critical path…

Q: From the project plan, we that a project has a total budgeted cost of $918.485 and a project…

A: Given Information: The total budgeted cost=918485 The total project completion time=15 weeks At the…

Q: At times, in order to monitor the project planning, a project manager can resort to the development…

A: To bring a project to fruition, the project manager can get to assemble a project plan. The project…

Q: You are the project manager working for Mack's Pool Co. Your project consists of installing a new…

A: Please find the network diagram as below

Q: snip

A: Given, First path ( X1) , Length= 10 days Variance= 2 days   Second path ( X2), Length= 11 days…

Q: b. Identify the critical path. The critical path is -Select- C. What is the total project completion…

A: Find the Given details below:

Q: Can you detect the risk management of the project “Organising a Fan Convention at Birkbeck. This…

A: Project Risk Management: Organising a Fan Convention at BirkbeckRisk IdentificationHere are 15…

Q: a) The critical path and the expected project completion time. b) Find the optimal duration and…

A: A project schedule network diagram shows the sequence of the task that is performed to complete a…

Q: 4. Consider the following problem Minimize Z= 2r, + 3x:, subject to 2r + x: 2 250 Xi + 3x 2 500 and…

A: Create an Excel Model as given Below :

Q: Answer all. What are the critical activities? What is the expected project duration?  calculate the…

A: The problem is an example of PERT technique using three point estimate that defines the range of…