It is expecting that the residential building project will take 36 months along the critical path having the standard deviation of 6 months. If the probability factor the completion of the project on scheduled time is -1.5, the scheduled completion time of the project will be months.
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- A developer is building a 60-unit apartment building. Construction will take 15 months covering all of Year 0 and the first 3 months of Year 1. Tenants will begin moving in the first day of Month 4. Lease up is expected to occur at a rate of 10 units per month until reaching full (100%) occupancy (e.g., 10 units occupied in Month 4, 20 units occupied in Month 5, etc.) What forecasted vacancy rate (average vacancy for the year) should be used for Year 1 in the pro forma? Assume 100% occupancy once fully leased up. (CAUTION: The question asks for the VACANCY percent, NOT occupancy percent.) (%)What is the probability of completion of the project in 17.5 months? * Actv. Duration (month) a m 5-10 4 5-15 4 10-20 4 4 7 10-25 10-30 4 5 6. 15-25 3.5 5.5 7.5 15-30 3 20-35 9 12 25-35 5 8. 30-35,4 A fence 18 feet by 18 feet is being built for $72,000.00 in 4 weeks. During week 2, 30’ feet has been completed and & $36,000.00 has been spent. Calculate the following:• Estimate to Completion (ETC) • Variance at Completion (VAC)• To Complete Performance Index (TCPI).
- What is the probability of completion of the project in 19 months? * Actv. Duration (month) a m b 5-10 2 4 6. 5-15 4 9. 10-20 4 4 7 10-25 10-30 4 6. 15-25 3.5 5.5 7.5 15-30 3 6 6. 20-35 6. 9. 12 25-35 8. 30-35CONSTRUCTION METHOD AND PROJECT MANAGEMENT 3. The owner of a shopping center is considering modernizing and expanding the current 32-business shopping complex. He hopes to add 8 to 10 new business or tenants to the shopping complex. The specific activities that make up the expansion project, together with information on immediate predecessor and completion time, are listed in the following table. (a) What is the total completion time of the project? (b) What are the scheduled start and completion time for each activity? (c) Which activities are critical and must be completed exactly as scheduled in order to keep the project on schedule? (d) How long can the non-critical activities to be delayed before they cause a delay in the completion time for project? Time (days) Activity A B C D E F G H I Immediate Predecessor A A A E D, F B, C G, H po Completion Time (Weeks) 5 6 4 133 3 1 4 14 12 2A project is expected to take 15 months along the critical path having a standard deviation of 3 months. The probability of completing the project A within 15 months is 100% More than 12 months is 84% Correct Option C Within 15 months is 50% Correct Option D More than 12 months is 16%
- Decisions Recognizing Risk The construction time for a highway project depends on weather conditions. It is expected to take 240 days if the weather is dry and the temperature is hot. If the weather is damp and cool, the project is expected to take 320 days. Otherwise, it is expected to take 275 days. The historical data suggest that the probability of cool, damp weather is 35% and that of dry, hot weather is 40%. What is the expected completion time?Q3 / Find the critical path and (Es, EF, Lf, TF) for the activities of the project and determine the total project duration if you have the following information )5٠ درجة( Activity Duration 1-2 2-3 4 2-4 2-5 6. 3-5 3-6 4-5 4-7 3 5-8 7 6-8 6-9 7-8 7-10 5 8-10 9-10 4A : The number of procedures followed to reduce the duration of the project
- Answer the following questions. 1. Determine the normal duration of the project 2. Determine the normal cost of the project 3. Determine the critical path under normal conditions. 4. Determine the "minimum duration" of the project 5. Determine the minimum cost of the project if it is to be accelerated (crashed) to its "minimum duration"Compute the target bed capacity of Cheswick Community Hospital 10 yearsfrom now based on the following information: Assume current population of Cheswick Community Hospital's service area =145,000 Assume project population increase of 8% in service area over the next 10 years. Assume a future admission rate per 1000 of 102. Assume average length of stay of 4.7 days in 10 years.Assume a target occupancy rate of 78% in 10 years. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.19, 22, 26 10, 17, 26 Q3) A project involving the renovation of a parking lot at a shopping mall is currently underway. In a weekly progress meeting, the contractor reports the following values: ACWP = $100,500; BCWP = $103,500; and BCWS $110,000. Show the solution steps. a) 2. %3D %3D What is the status of the project in terms of schedule: Ahead of schedule What is the status of the project in terms of cost: Under budget Behind schedule On schedule b) Over budget On budget 1