Homework Help is Here – Start Your Trial Now!
Business
Operations Management
At what point in your project does the cost/budget curve peak? 2. What activities are driving the peak in project costs? 3. In your view, is the cost curve manageable, or would it be more practical to smooth out the cost curve? If so, what steps would you take to do this? 4. What are the implications of your cost curve for cash flow and project funding?

At what point in your project does the cost/budget curve peak? 2. What activities are driving the peak in project costs? 3. In your view, is the cost curve manageable, or would it be more practical to smooth out the cost curve? If so, what steps would you take to do this? 4. What are the implications of your cost curve for cash flow and project funding?

Practical Management Science
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
icon
Related questions
Question

Need ALL 4.....

 

At what point in your project does the cost/budget curve peak? 2. What activities are driving the peak in project costs? 3. In your view, is the cost curve manageable, or would it be more practical to smooth out the cost curve? If so, what steps would you take to do this? 4. What are the implications of your cost curve for cash flow and project funding?

Office Relocation Project - C:\Users\jmari\Desktop\Office Relocation Example_resource_and_costs.pod ProjectLibre. OPENPROJ Open New Save as File Save 1 2 3 4 5 6 - 7 8 9 10 11 12 13 14 15 16 17 17 18 19 20 31 < Ⓡ Resource Filter: ◆Joe Mary Tom Bill Close Name Finance Budget Payments Transition Plan Supplies Infrastructure Order Utilities Susan Moving company Nancy File Task Resource View Purchase Servers ECommunication Purchase Network Cutover to new network Relocation Management Planners | Mau Inambian Print Preview > PDF Print Coordinators Packers Pack Computer Equipmer Movers Select Moving Company Transport moved items Unpack moved items No Filter — Projects Duration 15 days 10 days 5 days 28 days? B 1 day? 5 days 5 days 28 days 1.667 days 3 days 40 days? Bag 2.5 days 2.5 days w 1 day? 2.5 days 2.5 days 20 days 10 days 5 days 5 days રદ નામ Information Calendar Projects Dialog Update Project Save Baseline Clear Baseline Cost Start $1830.00 8/17/17 8:00 AM $1215.00 8/17/17 8:00 AM $615.00 8/31/17 8:00 AM $2725.83 8/31/17 8:00 AM ... $180.00 8/31/17 8:00 AM $1025.00 8/31/17 8:00 AM $1025.00 8/31/17 8:00 AM $1520.838/31/17 8:00 AM $895.838/31/17 8:00 AM $625.00 10/5/17 8:00 AM $13517.50 8/10/17 8:00 AM $703.50 9/25/17 1:00 PM www $703.50 9/25/17 1:00 PM ....... $166.50 8/10/17 8:00 AM $2625.00 9/25/17 1:00 PM DE RODE 5.00 $2625.00 9/25/17 1:00 PM wow.coolis... $10022.50 9/7/17 8:00 AM +1992 FAUT $1822.50 9/7/17 8:00 AM $4100.00 9/21/17 8:00 AM $4100.00 9/28/17 8:00 AM 212127 CR0/16/170.00 AM Cumulative Histogram O work Cost Actual Cost Fixed Cost Actual Fixed Cost Remaining Cost Baseline Cost ACWP BCWP BCWS Baseline 1 Cost Baseline2 Cost Baseline3 Cost Baseline4 Cost Baseline5 Cost Baseline6 Cost Baseline7 Cost Baseline8 Cost Baseline9 Cost Baseline 10 Cost cost > 47.50K $45K 42.50K $40K 37.50K $35K 32.50K $30K 27.50K $25K 22.50K $20K 17.50K $15K 12.50K $10K $7500 $5000 $2500 40 < 13 Aug 17 20 Aug 17 27 Aug 17 3 Sep 17 10 Sep 17 17 Sep 17 24 Sep 17 1 Oct 17 8 Oct 17 15 Oct 17 22 Oct 17 29 Oct 17 *r le is Is M T W T F Is is Im ir lwit if is is lv fr wit F is is m it lwit le is Is Imắt Wit F= Is Is Im³t lwit le is is mắt mắt =- Is Is Im it wit le is is lv lt wit F is is Im it wắt if is is m it wit ke Is Is Im it wit le Bill Joe O Mary Joe Tom Joe:Susan: Tom Susan Bill Joe Moving company: Tom Moving company Tom PÅ Moving company 0 X Office Relocation Pro... V (?) 1 Oct 17 8 Oct 17 22 Oct 17 15 Oct 17 29 Oct 17 17 Sep 17 24 Sep 17 27 Aug 17 10 Sep 17 13 Aug 17 3 Sep 17 20 Aug 17 ↑ If ls is lu ft lwit - is is lm ſt lwt lf is is lu ft lwit - is is m it lw it if is is lv lt lwit - is is lm it wất lf is is lv lt lwit - is is Im It wất lf is is lv lt lwit li- ls is lm it wật lf is is m lt lwit - is is Im It lw it le
Transcribed Image Text:Office Relocation Project - C:\Users\jmari\Desktop\Office Relocation Example_resource_and_costs.pod ProjectLibre. OPENPROJ Open New Save as File Save 1 2 3 4 5 6 - 7 8 9 10 11 12 13 14 15 16 17 17 18 19 20 31 < Ⓡ Resource Filter: ◆Joe Mary Tom Bill Close Name Finance Budget Payments Transition Plan Supplies Infrastructure Order Utilities Susan Moving company Nancy File Task Resource View Purchase Servers ECommunication Purchase Network Cutover to new network Relocation Management Planners | Mau Inambian Print Preview > PDF Print Coordinators Packers Pack Computer Equipmer Movers Select Moving Company Transport moved items Unpack moved items No Filter — Projects Duration 15 days 10 days 5 days 28 days? B 1 day? 5 days 5 days 28 days 1.667 days 3 days 40 days? Bag 2.5 days 2.5 days w 1 day? 2.5 days 2.5 days 20 days 10 days 5 days 5 days રદ નામ Information Calendar Projects Dialog Update Project Save Baseline Clear Baseline Cost Start $1830.00 8/17/17 8:00 AM $1215.00 8/17/17 8:00 AM $615.00 8/31/17 8:00 AM $2725.83 8/31/17 8:00 AM ... $180.00 8/31/17 8:00 AM $1025.00 8/31/17 8:00 AM $1025.00 8/31/17 8:00 AM $1520.838/31/17 8:00 AM $895.838/31/17 8:00 AM $625.00 10/5/17 8:00 AM $13517.50 8/10/17 8:00 AM $703.50 9/25/17 1:00 PM www $703.50 9/25/17 1:00 PM ....... $166.50 8/10/17 8:00 AM $2625.00 9/25/17 1:00 PM DE RODE 5.00 $2625.00 9/25/17 1:00 PM wow.coolis... $10022.50 9/7/17 8:00 AM +1992 FAUT $1822.50 9/7/17 8:00 AM $4100.00 9/21/17 8:00 AM $4100.00 9/28/17 8:00 AM 212127 CR0/16/170.00 AM Cumulative Histogram O work Cost Actual Cost Fixed Cost Actual Fixed Cost Remaining Cost Baseline Cost ACWP BCWP BCWS Baseline 1 Cost Baseline2 Cost Baseline3 Cost Baseline4 Cost Baseline5 Cost Baseline6 Cost Baseline7 Cost Baseline8 Cost Baseline9 Cost Baseline 10 Cost cost > 47.50K $45K 42.50K $40K 37.50K $35K 32.50K $30K 27.50K $25K 22.50K $20K 17.50K $15K 12.50K $10K $7500 $5000 $2500 40 < 13 Aug 17 20 Aug 17 27 Aug 17 3 Sep 17 10 Sep 17 17 Sep 17 24 Sep 17 1 Oct 17 8 Oct 17 15 Oct 17 22 Oct 17 29 Oct 17 *r le is Is M T W T F Is is Im ir lwit if is is lv fr wit F is is m it lwit le is Is Imắt Wit F= Is Is Im³t lwit le is is mắt mắt =- Is Is Im it wit le is is lv lt wit F is is Im it wắt if is is m it wit ke Is Is Im it wit le Bill Joe O Mary Joe Tom Joe:Susan: Tom Susan Bill Joe Moving company: Tom Moving company Tom PÅ Moving company 0 X Office Relocation Pro... V (?) 1 Oct 17 8 Oct 17 22 Oct 17 15 Oct 17 29 Oct 17 17 Sep 17 24 Sep 17 27 Aug 17 10 Sep 17 13 Aug 17 3 Sep 17 20 Aug 17 ↑ If ls is lu ft lwit - is is lm ſt lwt lf is is lu ft lwit - is is m it lw it if is is lv lt lwit - is is lm it wất lf is is lv lt lwit - is is Im It wất lf is is lv lt lwit li- ls is lm it wật lf is is m lt lwit - is is Im It lw it le
Expert Solution
steps

Step by step

Solved in 6 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
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
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
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…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.
SEE MORE TEXTBOOKS