A project with total budget cost of 30 cr. is scheduled to be completed in 80weeks. A periodic review was carried out at end of 60 weeks and results areas given:Budgeted cost of work performed = 17 cr.Actual Cost of work performed = 19 cr.Budgeted cost of work scheduled = 21 cr.What is the cost performance index?A.0.895B.0.81C.0.90D.1.12

Given- Budgeted cost of work performed = 17 cr.Actual cost of work performed = 19 cr.Budgeted cost…

Answered: A project with total budget cost of 30…

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...

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DAYS IMMEDIATE ACTIVITY m PREDECESSORS A 10 12 B 6. 9 3 4 D 10 20 30 A E 6. 7 8 F 10 11 B, D, E G 6. 7 10 B, D, E 14 15 16 F 10 11 13 F 8 G, H K I,J L. 4 G, H 2. 639
1- Reducing project time Direct costs Normal Crash ID Time Cost Time Cost $500 $600 10 9. 10 $1200 6. $2000 D C 13 $3600 11 $4800 A G D 3. $300 $600 C 9. $1000 $1400 13 10 10 $2400 $5400 G $700 $700 而 IB A B
V what is feasibility Report ?Define when and why we need it And also define who prepare this document.
0.
Use a weighted score model to choose between three projects (A,B,C) for updating an important internal process. The relative weights for each criterion are shown in the following table as are the scores for each project on each criterion. A score of 1 represents unfavorable, 2 satisfactory, and 3 favorable.
Acronym TELOS which provides guidance for accessing project feasibility. The term stands for technical, economic, legal, operational and schedules feasibility. Discuss these feasibilities briefly. And elaborate cost-benefit analysis under economic feasibility. [Words Limit: Up to 350 words.]
14 The expected activity time in PERT analysis is calculated as: Select one: a. the sum of the activity variances, divided by six. b. the sum of the optimistic, pessimistic, and most likely times. c. the sum of the optimistic, pessimistic, and most likely times, divided by six. d. the simple average of the optimistic, pessimistic, and most likely times. e. the weighted average of a, m, and b, with m weighted 4 times as heavily as a and b.
You are the project manager of a project that has $142590 as the budget at completion. 65% of the work was planned to be completed at the end of month seven but only 53% has been completed as at today with an actual cost of $78352. The project's Estimate To Completion (ETC) is closest to? 104223 Skip this question to avoid any negative score! None of the given answers 52111 O 138964 • 69482
Activity Optimistic 56 ABCDEFGH-K А 7 1 8 11232 Time Estimates (weeks) Most Likely Pessimistic 63555 N 5 10 10 24242BSAHON 12 17 10 12 Immediate Predecessor(s) START START START B A, C D. E D, E FG HG H
. Assume that a project has an expected total duration of 25 days, but several optimistic employees feel that it can be completed in as little as 18 days, while others expect it to take nearly 40 days. Using program evaluation and review technique calculations, what is the project duration to be used in project Gantt charts and other tracking tools?2. If a critical path method calculation of project duration was 25 days, how does the program evaluation and review technique calculation in Question 1 compare?
Analysis of strengths, weaknesses, opportunities, and threats, with an emphasis on the results of a project to enhance student access to educational resources.
The decision was made by JMP management that a certain critical development in the overall project will be subcontracted-out to a vendor. JMP has issued a six-month cost plus fixed fee contract for that development, and you are the vendor's project manager. The approved JMP budget for your development is $500,000. A recent Earned Value Analysis that your firm (the vendor) has done shows that you will complete the project four weeks ahead of time, thus depriving your firm of $80,000 of billable time. Among your options are: 1. Since it was the approved budget, go ahead and bill JMP for the entire $500.000. 2. Inform JMP of the project status and completion date, and ask if they'd like to add any features to account for the monies spent. 3. Inform JMP of the project status and completion date. 4. Bill JMP for the $500,000 by adding more work at the end of the project.

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