Sharon's team used a chart to track all the planned activities in order to identify how wellthey were progressing and point out any delays or deviations from the original plan. Thischart, which includes a listing of all the activities with columns for planned and actualschedules, is referred to as aO PERT chart.grading chart.O Gantt chart.O tracking chart.

Before answering the question, lets look at all the options one by one PERT Chart--PERT is an…

Answered: Sharon's team used a chart to track all…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Create a graphical format Work Breakdown Structure (WBS) based on the project information below. The name in brackets is the name of a resource/team member responsible for the activity. The activities indicating “completed” are phases and/or work packages. PROJECT INFORMATION Project Title: Construction of a house (Bheka) Level 1: Design (Jim) • “Permits” are completed (Thulani) • “Drawings” are completed (James) Level 2: Construction (Nokubonga) • “Building” is completed (Neetu) • “Interior” is completed under “Building” (Suzan) • “Exterior” is completed under “Building” (Steve) • “Inspection” is completed (Nadia).
Two techniques for reducing rework expenses should be provided. Consider the need of progressive delivery across both tactics.
What is the tool used by a project manager to check whether the resources are allocated correctly and monitor the resource utilization? Explain the advantages and disadvantages of the tool with suitable example.
Which one is NOT one of the three time estimates used with PERT?a) Optimistic timeb) Most cost-effective timec) Pessimistic timed) Most likely time
For what type of project is a line-of-balance schedule particularly suited? Identify specific examples each response in detail.
(Note: Task N is a dummy task. It must be included in the relationships, but its duration is 0. Be sure its duration is set to 0) Please see attached charts and diagram. Assign the following resources to the tasks. All resources will be full time. (Set the leveling to manual first). Task Resource Cost / Day A R1 200 B R2 300 C R3 300 D R4 300 E R2 300 F R4 300 G R1 200 H R5 200 I R6 400 J R5 200 K R1 200 L R3 300 M R2 300 N - - 1. Check for over-allocation. Which resources are over allocated? 2. Level if necessary. Then determine the new critical path and duration. 3. What is the total cost of the project (Fixed + Resource cost)? How much does the project need in the first, second, and third weeks?
Please walk me through each step and the reasoning behind the step I don’t understand
Required Please give explanation for each of question a. Prepare a work breakdown structure showing tasks, durations, and predecessor tasks. b. Construct a PERT/CAPM chart and determine the critical path. c. How long does it take to finish this orientation process?
(Note: Task N is a dummy task. It must be included in the relationships, but its duration is 0. Be sure its duration is set to 0) Please see attached charts and diagram. Assign the following resources to the tasks. All resources will be full time. (Set the leveling to manual first). Task Resource Cost / Day A R1 200 B R2 300 C R3 300 D R4 300 E R2 300 F R4 300 G R1 200 H R5 200 I R6 400 J R5 200 K R1 200 L R3 300 M R2 300 N - - 2. Level if necessary. Then determine the new critical path and duration. 3. What is the total cost of the project (Fixed + Resource cost)? How much does the project need in the first, second, and third weeks?
List two rework cost-cutting methods. How does progressive delivery affect both methods?
What is meant by the need to make trade-offs between cost, performance , and schedule? Provide examples to support your response. *Please do not copy from other homework sites; I need a unique response.*
What is Critical Path Method (CPM). Explain in detail its significance and advantages.

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