448Activityamoan24. Office Automation, Inc., developed a proposal for introducing a new computerized officesystem that will improve word processing and interoffice communications for a particularcompany. Contained in the proposal is a list of activities that must be accomplished toChapter 9 Project Scheduling: PERT/CPMcomplete the new office system project. Use the following relevant information about theactivities:Time (weeks)Cost ($1000s)ImmediatePredecessorDescriptionNormalCrashPlan needs3070A120150B100160Order equipmentInstall equipmentSet up training labConduct training courseA4050D5075Test systemC, E360a.Develop a project network.Develop an activity schedule.b.C.What are the critical activities, and what is the expected project completion time?d. Assume that the company wants to complete the project in six months or 26 weeks.What crashing decisions do you recommend to meet the desired completion time atthe least possible cost? Work through the network and attempt to make the crashingdecisions by inspection.e. Develop an activity schedule for the crashed project.f.What added project cost is required to meet the six-month completion time?Normal1010080703∞067600mCrash1088

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

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Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

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The business case is critical in project management; explain what that means.
. 1. Project Scope & Constraints The new payroll system project has been approved. The new system will reduce clerical time and errors, improve morale in the payroll department, and avoid possible fines and penalties for noncompliance. The system must be installed by January 1st to meet new federal reporting rules, all expenses must be approved in advance, and the system should have a modular design if possible. The new system is expected to be announced in a year-end report if it is ready by mid-December. 1. Why is it important to define the project scope? How would you describe the scope of the payroll project in this case? 2. Based upon the project scope, identify the constraints, and determine its characteristics: present versus future, internal versus external, and mandatory versus desirable. 3. What questions would you ask to determine the feasibility of this project? 4. Given the project time constraints, could you shorten the typical steps in the preliminary investigation…
Using an example explain the concept of project crashing
2. Assume the following project data given in Table 2. It is required to crash the project duration from its original duration. Assume Indirect (overhead) costs are $120 per day. a) Draw the network diagram by using AON method b) Calculate the normal duration and Normal project cost c) Least-cost and optimum point/durations for the project. d) Show the relationship between time and cost Graphically. Precede Duration (days) d by Activit Cost (Birr) y Norma Crash Norma Crash A 4 500 600 В A 7 5 350 500 A 8 800 92 D A 11 7 1200 1400 E B,C 6 4 600 700 F C 4 500 500 D,F 7 5 700 1000 H E,F 6 5 300 420 st
Perform the CPM (critical path method) and give the complete activity schedule table, the project completion time and the critical path.
Page 3 of 5You have recently gained your APM Risk qualification and have been asked to join the University’s project team on a consultancy basis to help implement a robust riskmanagement process on the project.Section A Questionsa) List 5 Stakeholders in the projectb) State the main objectives and success criteria for the project.c) Prepare a draft risk management plan, completing all relevant sections with information obtained from the case study. Marks will be awarded according to the following scheme:i.Introductionii.Project Description iii.Purpose and Scope of Risk Managementiv.Risk Management Organisation v.Risk Management Process vi.Key deliverables d) State 5 risks that may occur on this project. Ensure that risks are stated using the formatcause – risk event – effect. e) For 2 (two) of the stated risks State who (in your opinion) the potential owner would be Explain (again in your opinion) what could be done to respond to the risk  State (in your opinion) what would be the…
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students are required to select and study a real project (a case) that they have worked on or knowabout; and develop an analytical report of the project after careful examination of the managementprocesses, project documents, and other project artifacts.

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a. Develop a project network. b. Develop an activity schedule. C. What are the critical activities, and what is the expected project completion time?