Recently, you were assigned to manage a project for your company. You have constructed a network diagram depicting the various activities in the project (shown below to the right). In addition, youhave asked your team to estimate the amount of time that they would expect each of the activities to take. Their responses are shown in the following table:Dew an exampleActivityABсDGet more help.EOptimistic4541Time Estimates (days)Most Likely88543a. What is the expected completion time of the project?The expected completion time is days. (Enter your response as an integer.)8Pessimistic121275MacBook Pro9Start+BD(FinishAQQClear allCheck answer+

A network diagram related to the project shows the sequence of the task that is performed to…

Answered: s the expected completion time of the…

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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PERT/CPM HOMEWORK (MOD 10) In the table below, you will see activities and times associated with each activity. Review the PowerPoint slides in Module 10 , before you start this assignment. Task Preceding Tasks to (optimistic) tm (most likely) tp (pessimistic) A NONE 2 3 10 B NONE 2 3 4 C A 1 2 3 D A 4 6 14 E B 4 5 12 F C 3 4 5 G D,E 1 1 7 1.) Draw the network using the table above. Make sure all 4 values (ES, EF, LS, LF) are listed on the network. 2.) What is the slack for each activity? What is the critical path? Show ALL of your work! 3.) Find the expected project completion time. What is the project variance? 4.) What is the probability that it would be in more than 14 days? Show ALL of your work. *The circle diagram picture is just an example of how it should look it is not apart of the problem in the chart
1. Critical Thinking Questions Mauricio, a project manager at a reputed firm, has been assigned to handle a new project that the firm has received. This project involves a lot of scheduling that has to be handled by Mauricio. Mauricio estimates that the first module of the project could be completed in as few as 15 days or could take as many as 25 days, but most likely will require 20 days. What is the 20 day estimate called? a. logistical estimate (L) b. worst-case estimate (W) c. best-case estimate (B) d. probable-case estimate (P) 2. Project reporting, an activity of a project manager, _____. a. consists of staffing, which includes selecting the project team and assigning specific tasks to team members b. involves the creation of a specific timetable, usually in the form of charts that show tasks, task dependencies, and critical tasks that might delay a project c. includes informing management, users, and the project team about…
d) What is the critical path and project completion time? e) What is the probability that the job will finish in 33 days or less? f) Submit your excel file
Using Microsoft Excel TM prepare a Gantt Chart for the following project. Activity Predecessor(s) Duration (Months) 1. Proposal 2. Client meeting 3. Develop airframe spec. 4. Develop engine spec. 5. Client meeting 6. Design fuselage 7. Design wings 8. Design engine 9. Client meeting 10. Build fuselage 11. Build wings 12. Build engines 13. Integrate airframe 14. Client meeting 15. Test engines 16. Integrate engines 17. Test flight 18. Client meeting 4 1 1 2 3 2 2 3,4 1 5 8 13 6,7.8 1 16 10 12 10,11,12 5 13 1 12 8 4 16 10 17 1 N567 2.
How would you accelerate (crash) a project duration?
I want answer with explanation... I'll upvote you... Only typed answer I want... The following table of probabilistic time estimates (in weeks) and activity predecessors are provided for a project. Activity optimistic time most likely time pessimistic time Activity Predecessor A 1 4 7 -- B 2 6 7 -- C 3 3 6 B D 6 13 14 A E 3 6 12 A, C F 6 8 16 B G 1 5 6 E, F Table 1 Reference: Ref 1 Using Table 1, the probability that the project could be completed in 23 weeks or less is approximately A. 0.94 B. 0.87 C. 0.91 D. 0.89
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.
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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.
subject: PROJECT MANAGEMENT Question : PM.346.HSF1 The Practice of Project Management Pls do not generalize the answer. Thank youuuuu TO DO: Createee aaaa Resource Breakdown Structure below. Background Joseph-McHendry Purveyors, Ltd.  (JMP) is an international retailer of fine collectibles and bibelots, including authentic antiques, objets d'art (paintings, sculptures, etc.) and expensive jewelry.   It operates on a world-wide basis, with over twenty outlets in various developed countries, and is headquartered in San Francisco.    JMP has an excellent reputation, and is known in the industry for its quality, honesty and providing "the personal touch."   Much like Nordstrom, JMP charges a premium for the products; but their clientele believe that they are getting their money's worth!  Revenues for this past year exceeded $800 M.  The firm's organization is essentially functional, with a product orientation.  Major departments include Marketing, Finance and Accounting,…
Use the information in the table, assuming that the projectteam will work a standard working week (5 working days in 1 week) and that all tasks will start as soon as possible: Duration (days) Description Analysis Design Coding Task Predecessor(s) 2 B 4 A В Installation 4 B E Integration 6 B F Testing Support Training C,D E,F H 2 G Hand Over H a) Draw the Gantt chart of the PERT diagram resulted from (a), and then show the type of dependency between tasks (B-C) & (C-D)? 6) Ifyou are asked to evaluate the projectafter 14 days from beginning and you know that the planned value is $3000, and the actual value is $3100, earned value is $3300. What is the status of the projectin terms of time and budget?
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s the expected completion time of the project? ected completion time is days. (Enter your response as a