a) All big projects make use of project management techniques in order tocontrol cost, budget an performance. Explain how could project managementavoid delay and cost overrun in project such as ECRL, KRT or PNB118 (MerdekaTower)

Overview- Delay and cost overrun can be said to be intrinsic pieces of most projects notwithstanding…

Answered: a) All big projects make use of project…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

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

See similar textbooks

Similar questions

How can project managers ensure that the project deliverables meet the client's requirements in a time and cost-constrained project?
Using an example explain the concept of project crashing
Find a recent news article on an ongoing project, evaluate the management’s performance, and explain how the project could be better organized and managed. Discuss the pros and cons of the spiral project life-cycle model and the waterfall project life-cycle model. How are the processes in the PMBOK related to each other? Give a specific example Project Management Any project like TESLA developing a car, ACME project
Your hospital has applied for certification as a level 1 stroke center. It is critical that the following project is completed in 18 weeks, before the next Joint Commission survey. Project activity times are listed in the table that is attached as an image. a) Draw the network diagram.b) Identify all project paths. Which path is the critical path and why?c) What is the project completion time and total project costs if only normal times are used? Activity
(c) Illustrate with suitable examples, the COCOMO I and II model of project management.
Given is a Project with network diagram and activity times as shown below. Activity Time (wks) A 13 B 5 Start с 14 A c) The Slack time of Activity C = Blank 3 weeks D D a) The Earliest Start (ES) time of Activity I = Blank 1 weeks 9 b) The Latest Start (LS) time of Activity B = Blank 2 weeks f) The Project Completion time = Blank 6 weeks d) The Earliest Finish (EF) time of Activity H = Blank 4 weeks e) The Latest Finish (LF) time of Activity B = Blank 5 weeks B F E 12 E F LL 17 H G 9 J H 15 - 15 J 2
Below is information about a project to implement a new manufacturing cell to assemble personal digital assistance devices Calculate the expected time for all tasks and maintain one decimal place. Complete a critical path analysis. Complete forward and backward passes. What is the critical path? What is the project duration? What is the latest start for Activity 4 "Secure patent?"?
← Consider the following crash data for a project. Times are given in weeks. ACTIVITY A B C D E F How many week(s) of crashing are available for activity E in the table above? Activity E has sweeks of crashing available. What will be the cost of activity E if it is completed in 3 weeks? The cost will be $ NORMAL TIME 4 7 8 3 7 6 CRASH TIME 4 5 3 1 1 3 NORMAL COST ($) 1,400 5,000 5,700 2,400 1,100 2,800 CRASH COST ($) 1,400 6,200 8,700 3,800 5,900 5,200 (s) po Time
Please don't provide handwritten solution .....
B/U pe Activity A B D 11. A project has the activity duration and cost information indicated in the table where all times are in weeks. There is a penalty of $4,000 per week for every week the project exceeds 37 weeks. What is the lowest total cost for completing this project? Predecessor Time 18 11 A A B C E D Normal A H 12 15 3 19 Asbe de ABC' AMBBC RACE AB 7 8 12 6 Normal Cost Crash Time Crash Cost $22,000 $32,000 $62,000 $18,000 $35,000 $8,000 $23,000 $32,000 $56,000 $12,000 5 $18,000 19 $22,000 $9,000 $15,000 $5,000 $13,000 $20,000 $45,000 2 5 4
Dave Fletcher was able to determine the activity times for constructing his laser scanning machine Fletcher would like to determine ES, EF, LS, LF, and slack for each activity. The total project completion time and the critical path should also be determined. Here are the activity times: Time Activity (weeks) A 6 B 8 с 2 D 1 Immediate Time Predecessor(s) Activity (weeks) E 3 F 7 A A Dave's earliest start (ES) and earliest finish (EF) are: G H 9 8 Immediate Predecessor(s) B B C, E D.F
You have been assigned a project and in your preliminary planning you have developed table 2 below, it outlines eight activities (A to H) that must be completed. For each activity you have obtained the estimated duration, cost per day and the prior task(s). Activity A B с D E F G H Z Duration (days) 3 4 12 6 16 15 Cost/week ($) 2500 6000 3000 10000 15000 10000 7 8 0 Prior Tasks None B, D C, E E, F,G 0 All *Assume that there are five (5) workdays in each week Table 2 2000 2500 A A, B A, B D Using the information provided: a) Create a network diagram for the project. b) Construct a Gantt Chart for the project. c) Determine the minimum time in which the project can be completed. 1

Recommended textbooks for you

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Business in Action

Operations Management

ISBN:

9780135198100

Author:

BOVEE

Publisher:

PEARSON CO

Purchasing and Supply Chain Management

Operations Management

ISBN:

9781285869681

Author:

Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:

Cengage Learning

Production and Operations Analysis, Seventh Editi…

Operations Management

ISBN:

9781478623069

Author:

Steven Nahmias, Tava Lennon Olsen

Publisher:

Waveland Press, Inc.

SEE MORE TEXTBOOKS

a) All big projects make use of project management techniques in order to control cost, budget an performance. Explain how could project management avoid delay and cost overrun in project such as ECRL, KRT or PNB118 (Merdeka Tower)