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Part 1. Use the information provided in Table 1 to develop the project schedule in MS Project. Assume that the project will begin on January 1, 2022. A standard work week is to be applied to the schedule with the only recognized holidays being New Year's Day, MLK Day, Memorial Day, July 4th, Labor Day, Thanksgiving Day and the day after, and December 25th. If a holiday falls on the weekend, the employees are out of luck. Lags and times units are shown in the notes to Table 1. First, develop the schedule without considering resources. Next, add the resources with costs. Assume that tasks cannot be split. Part 2. You will need to three (3) milestones to the project. You can determine where they are. Table 1. Activity requirements Task ID A B Task Description Market Study Functional Specifications Duration in Days 55 40 Predecessors A 2 1 Resources required 3 2 1 1

Part 1. Use the information provided in Table 1 to develop the project schedule in MS Project. Assume that the project will begin on January 1, 2022. A standard work week is to be applied to the schedule with the only recognized holidays being New Year's Day, MLK Day, Memorial Day, July 4th, Labor Day, Thanksgiving Day and the day after, and December 25th. If a holiday falls on the weekend, the employees are out of luck. Lags and times units are shown in the notes to Table 1. First, develop the schedule without considering resources. Next, add the resources with costs. Assume that tasks cannot be split. Part 2. You will need to three (3) milestones to the project. You can determine where they are. Table 1. Activity requirements Task ID A B Task Description Market Study Functional Specifications Duration in Days 55 40 Predecessors A 2 1 Resources required 3 2 1 1

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...
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Part 1. Use the information provided in Table 1 to develop the project schedule in MS Project. Assume that the project will begin on January 1, 2022. A standard work week is to be applied to the schedule with the only recognized holidays being New Year's Day, MLK Day, Memorial Day, July 4th, Labor Day, Thanksgiving Day and the day after, and December 25th. If a holiday falls on the weekend, the employees are out of luck. Lags and times units are shown in the notes to Table 1. First, develop the schedule without considering resources. Next, add the resources with costs. Assume that tasks cannot be split. Part 2. You will need to three (3) milestones to the project. You can determine where they are. + Table 1. Activity requirements Task ID Task Description A Market Study B Functional Specifications C Manufacturing Planning Product Feature Selection E Develop Marketing Plan F Design Manufacturing Process G Detailed Smartphone Design H Prototype Testing Finalize Product Design D 1 J Order Parts K Order Manufacturing Equipment L Install Equipment Cost for the resources Duration in Days 55 40 20 10 15 30 50 10 25 7 14 35 Once the plan has been completed answer the following questions: 1. What is the total cost of the project? 2. What actions would you take to streamline the project? 3. What is the critical path? Predecessors A A B.C D D D G E.H. I I J.K 2 1 2 3 2 2 Resources required 2 1 2 1 2 2 2 2 2 2 2 2 1 2 2 3 2 2 1 2 2 $60 $100 $80 $90 1 1 1 1 1 $60
Transcribed Image Text:Part 1. Use the information provided in Table 1 to develop the project schedule in MS Project. Assume that the project will begin on January 1, 2022. A standard work week is to be applied to the schedule with the only recognized holidays being New Year's Day, MLK Day, Memorial Day, July 4th, Labor Day, Thanksgiving Day and the day after, and December 25th. If a holiday falls on the weekend, the employees are out of luck. Lags and times units are shown in the notes to Table 1. First, develop the schedule without considering resources. Next, add the resources with costs. Assume that tasks cannot be split. Part 2. You will need to three (3) milestones to the project. You can determine where they are. + Table 1. Activity requirements Task ID Task Description A Market Study B Functional Specifications C Manufacturing Planning Product Feature Selection E Develop Marketing Plan F Design Manufacturing Process G Detailed Smartphone Design H Prototype Testing Finalize Product Design D 1 J Order Parts K Order Manufacturing Equipment L Install Equipment Cost for the resources Duration in Days 55 40 20 10 15 30 50 10 25 7 14 35 Once the plan has been completed answer the following questions: 1. What is the total cost of the project? 2. What actions would you take to streamline the project? 3. What is the critical path? Predecessors A A B.C D D D G E.H. I I J.K 2 1 2 3 2 2 Resources required 2 1 2 1 2 2 2 2 2 2 2 2 1 2 2 3 2 2 1 2 2 $60 $100 $80 $90 1 1 1 1 1 $60
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