If the weight for "Strong Sponsor" is changed from 2 to 5, what score would you give to each project?Project 1Project 2Project 3Project 4Project 5Now, which project would you choose first?Why is it important that the weights mirror critical strategic factors? EX2-7 (Algo) The Custom Bike Company...The Custom Bike Company has set up a weighted scoring matrix for evaluation of potential projects. Following are five projects underconsideration.CriteriaWeightProject 1Project 2Project 3Project 4Project 5Project 1Project 2Project 3Project 4Project 5Strong sponsor2246=108Supports businessWhich project would you choose first?strategy33542010% of sales fromUrgency new products Competition Fill market gap1402117Using the scoring matrix above, what score would you give to each project?3251857610110156611

Find the given details below: Given details:CriteriaWeightProjectProject 1Project 2Project…

Answered: The Custom Bike Company has set up a…

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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What is the purpose of a feasibility study in the initial stages of a project?
21. The following table provides the information necessary to construct a project network and project crash data: Activity (i, j) Activity Predecessor Activity Time (weeks) Normal Crash Activity Cost Normal Crash a (1,2) --- 16 8 $2000 $4400 b (1,3) --- 14 9 1000 1800 c (2,4) a 8 6 500 700 d (2,5) a 5 4 600 1300 e (3,5) b 4 2 1500 3000 f (3,6) b 6 4 800 1600 g (4,6) c 10 7 3000 4500 h (5,6) d, e 15 10 5000 8000 a. Construct the project network b. Manually crash the network to 28 weeks 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.
K Roger Ginde is developing a program in supply chain management certification for managers. Ginde has listed a number of activities that must be completed before a training program of this nature could be conducted. The activities, immediate predecessors, and times appear in the accompanying table: Activity Immediate Predecessor(s) ABCDEFG B A, D C E, F Time (days) 2 7 2 10 4 5 8 This exercise contains only parts b, c, and d. b) The critical activities for the leadership training program development project are B-D-E-G c) The project length for the leadership training program development project = days.
The manager of the Oak Hills Swimming Club is planning the club’s swimming team program. The first team practice is scheduled for May 1. The activities, their immediate predecessors, and the activity time estimates (in weeks) are as follows: Activity Optimistic Most Probable Pessimistic Immediate Predecessors A 1 2 3 - B 4 6 8 A C 2 4 6 A D 1 2 3 B, C E 2 3 4 B F 1 2 3 A G 1 2 3 D H 1 2 3 G I 1 1 1 E, H, F A. Draw a project network for this problem. B. Fill in all the blanks in the following table. Note: For variance (σ2) in activity time, keep two decimal places. Activity Expected Time t (weeks) Variance σ2 ES EF LS LF Slack Critical Path? A B C D…
Activity 1 (Assessment Phase) Discuss the major operational threats DHL logistical functions face as a result of global terrorism Activity 2 (Improvement Phase) What might the organization do better, to mitigate the terrorist threats to its logistics operations? Armed forces personnel who cannot address these questions owing to security concerns should examine a larger question What logistical threats does the nation face, and how can these risks be reduced?
Case Study The South-to-North Water Diversion Project in China is the largest of its kind ever undertaken. The project involves drawing water from southern rivers and supplying it to the dry north. This massive scheme has already taken 50 years from conception to commencement and is expected to take almost as long to construct. Planned for completion in 2050, it will eventually divert 44.8 billion cubic metres of water annually to the population centres of the drier north. When finished, the work will link China's four main rivers - the Yangtze, Yellow River, Huaihe and Haihe - and requires the construction of three diversion routes, stretching south-to-north across the eastern, central and western parts of the country. The complete project is expected to cost $62bn - more than twice as much as the country's controversial Three Gorges Dam.
Case Study: Ruritania public health project contract provisionBackgroundThe Ministry of Finance in Ruritania, a tropical country, has allocated the equivalent of US $100 million to the Ministry of Health (MOH) for the purpose of expanded health services delivery in the southern part of the country (it is anticipated that necessary funds would be derived from projected export earnings and that no support from international institutions would be necessary). The MOH has conducted an international competition in accordance with its new procurement law and regulation. It has selected a consortium (OPTIMA) of international and domestic contractors and suppliers to execute the project.Project scope of work:The principal elements of the project scope of work are the following:1. Repair and rehabilitation of three (3) existing hospitals, selected by the MOH;2. Construction of five (5) new health clinics, especially for victims of AIDS, at sites to be determined by the MOH; and3. Creation of…
A Decision Method for Construction Safety RiskManagement Based on Ontology and Improved CBR:Example of a Subway Project How is project management applied to this topic?
Case Study The South-to-North Water Diversion Project in China is the largest of its kind ever undertaken. The project involves drawing water from southern rivers and supplying it to the dry north. This massive scheme has already taken 50 years from conception to commencement and is expected to take almost as long to construct. Planned for completion in 2050, it will eventually divert 44.8 billion cubic metres of water annually to the population centres of the drier north. When finished, the work will link China's four main rivers - the Yangtze, Yellow River, Huaihe and Haihe - and requires the construction of three diversion routes, stretching south-to-north across the eastern, central and western parts of the country. The complete project is expected to cost $62bn more than twice as much as the country's controversial Three Gorges Dam. 2. Critical Path Analysis (CPA): Considering the project information presented in the table below: Predecessor Activities Duration (days) A B C D E F…
At a local university, the Student Commission on Programming and Entertainment (SCOPE) is preparing to host its first rock concert of the school year. To successfully produce this rock concert, SCOPE has listed the requisite activities and related information in the following table (duration estimates measured in days). Immediate Most Activity Predecessor(s) Optimistic Probable Pessimistic A: Negotiate contract with - 10 11 12 selected musicians B: Reserve site - 8 10 12 C: Manage travel logistics A 2 7 9 for music group D: Screen & hire B 4 5 6 security personnel E: Arrange advertising C 7 7 7 & ticketing F: Hire parking staff A, D 8 9 16 G: Arrange concession sales E 6 7 11
What is the minimum cost of crashing the following project at Sawaya Robotics by 4 days? ACTIVITY Design (A) Wiring (B) Chip install (C) Software (D) Testing (E) NORMAL CRASH TIME (DAYS) TIME (DAYS) 8 7 7 6 6 6 9 6 NORMAL COST 400 1,100 700 900 1,200 CRASH COST 550 1,300 800 1,250 1,950 IMMEDIATE PREDECESSOR(S) The minimum cost of crashing the following project at Sawaya Robotics by 4 days is $ whole number). A, B C (enter your response as a
The table below contains information about an environmental clean-up project in the township of Hiles. Shorten the project three weeks by finding the minimum-cost schedule. Assume that project indirect costs and penalty costs are negligible. Identify activities to crash while minimizing the additional crash costs. Activity А ABCDEFGH с I Activity A B пооо D Normal Time (weeks) 6 8 4 4 1 3 3 3 3 D E Crash Time (weeks) 5 6 3 3 1 3 2 1 3 Fill in the table below with the activity times after crashing to show the resulting schedule. (Enter your responses as whole numbers.) Time according to schedule (weeks) 6 8 4 Cost to Crash ($ per week) 150 200 150 200 4 1 Activity FLI - 200 350 G H Immediate Predecessor(s) None None A A B 3 3 3 3 C, D D, E F G Time according to schedule (weeks) D

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