[Project Management] Because a housing project is running late, the developer will need tocomplete and deliver the houses as quickly as possible. You and your management team areresponsible for mitigating the situation by including a time-cost trade-off analysis into theproject. You will need to include the following:NormalcrashActivityPriorDayscost, RMDayscost, RMA7,0007,000BA8,00098,000B146,0001211,000DB185,000118,500EC,D128,000128,000E206,0001612,000E7,0007,000E1111,000715,000G, H1015,00021,0007I, F69,00069,000Construct a network diagram (PDM), including activity early start, late start, early finish,late finish and float.

Given Activity prior normal days crash days A - 9 9 B A 9 9 C B 14 12 D B 18 11 E…

Answered: [Project Management] Because a housing…

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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Enter the correct shirt order number from the Payoff Table: 1. Maximin Rule: ____ Shirt order 2. Maximax Rule: ____ Shirt order 3. Expected Payoff Rule: ____ Shirt order Decision $ Payoff Table by Game Outcome Shirt Order Win Lose Tie Options Prob=0.5 0.4 0.1 0 0 0 0 1000 800 -200 200 2000 1600 -1500 100
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You are a project manager in the water and sanitation department in Johannesburg. The suburb of Soweto has recently come into the spotlight due the lack of water reticulation in the southern part. Residents have approached the president of South Africa to voice their discontent. The president has met with the mayor of Johannesburg and indicated that the water infrastructure needs to be built and ready for service in six months’ time. There cannot be any slippage to the timeline, must deliver within budget, with the resources allocated and within the predetermined quality standards. As a project manager, your mandate is to work with all stakeholders to deliver or risk losing your job. The development life cycle are the stages that a project goes through to produce the product, service or result. Evaluate the different types of development life cycles. Identify the most suitable type for your project and justify your choice
Given: Project FF has an operational phase of 5 years, and requires an initiai investment of 100 K$. Required: If it yields an annuity of 40 K$pa during the operational phase, calculate the Internal Rate of Return (IRR) for the project.
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Explain the concept of the MoSCoW prioritization method and its significance in determining the importance of requirements in a project.
Describe the principles and best practices of Requirements Management and how it can be integrated with project management methodologies such as PMBOK or PRINCE2.
Case Study 2. The Liberty Cbok is a bookstore with three locations near the BS University campus. The bookstore has a program to sell personal computers to incoming freshmen and other students at a significant discount. The bookstore just covers computer costs, with a very small profit margin remaining. Orders come in throughout the summer, many only a few weeks before school starts in the fall, and the computer suppliers has a lead time of at least 6 weeks for delivery. Thus, the bookstore must forecast computer demand to build up inventory to meet student demand in the fall. The bookstore has a warehouse near campus where it must store all computers because it has no storage space at its retail locations. The number of computers ordered has effect to the number of temporary warehouses needed and workers who must be hired for handling and PC installations assistance. To get the forecast of computer sales the manager gets the computer purchase program for 14 years. Computer sales have…
You are a project manager in the water and sanitation department in Johannesburg. The suburb of Soweto has recently come into the spotlight due the lack of water reticulation in the southern part. Residents have approached the president of South Africa to voice their discontent. The president has met with the mayor of Johannesburg and indicated that the water infrastructure needs to be built and ready for service in six months’ time. There cannot be any slippage to the timeline, must deliver within budget, with the resources allocated and within the predetermined quality standards. As a project manager, your mandate is to work with all stakeholders to deliver or risk losing your job. Use the root cause identification method (cause and effect) to identify the root causes of your project risks. Demonstrate your understanding of root cause analysis by presenting a diagram. Ensure that each root cause presented is discussed in detail.
The official cost estimate of a work is 55 crore BDT. Calculate the tender capacity if the tenderer has the maximum value of works performed in any one year during last five years is 15 crore BDT and completion time of the proposed work is 18 months. The tender has no existing commitments. The minimum tender capacity requirements is 80% of the official cost estimate. Comment on whether the tenderer is eligible to apply the tender.
If property management have to go the resident home for checking what possible problem does the property management will face and how to due with ? i hope you can ans me thank you
Q5: Reduce the following project activity Normal Time Cost 1-2 3 300 2-3 6 480 7 2100 2-5 8 400 3-4 4 320 4-5 5 500 Crash Time AS9SAN 2 Cost 400 520 2500 600 360 520 MWEBd

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