Three activities are candidates for crashing on a project network for a large computer installation (all are, of course, critical).Activity details are in the following table:Activity Normal Time (days) Crash Time (days) Normal Cost Total Cost with Crashing Immediate Predecessor(s)A6$6,000$6,400B$1,200$3,000C11$4,000$6,000a) Activity that should be crashed first to reduce the project duration by 1 day isb) Activity that should be crashed next to reduce the project duration by one additional day isc) Total cost of crashing the project by 2 days = $_____ (Enter your response as an integer.)7429AB---

The crashing cost refers to the additional expenditure incurred by the company to expedite a…

Answered: Three activities are candidates for…

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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The following table gives data on normal time and cost, and crash time and cost for a project. The indirect cost per day of the project is $10. a) Draw the network diagram for the project. b) Find the critical path. c) Determine the minimum total time of the project after crashing. What is the additional cost of the project when crashed to the minimum duration?
Consider the office renovation project data in Table 7.16. A“zero” time estimate means that the activity could take a verysmall amount of time and should be treated as a numericzero in the analysis.a. Based on the critical path, find the probability ofcompleting the office renovation project by 39 days.b. Find the date by which you would be 90 percent sure ofcompleting the project.
In reference to the attached image: Activity times with the greatest uncertainty are activities D, E, and H. Describe conceptually how you could model this uncertainty in activity times. (You do not have the necessary data to actually do this numerically.)
Using project management software to explore the effects of various scenarios on the project is called: projection sorting what-if analysis filtering
In reference to the attached image: Determine the best way to crash the project to complete it in 35 weeks with revised activity slack times, critical path(s), and total project costs. Provide reasoning as to how all crashing decisions were made.
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: Immediate Activity Predecessor(s) Time (days) 4 5 3 III B 10 A, D 3 C 5 G E, F 12 This exercise contains only part a. a) The correct precedence diagram for the project is shown in ABCDEF Ñ GW 8 w or C A B F Figure 2 A B O-O Figure 3 B E E E
Mangement Project management is a discipline that involves planning, organizing, and overseeing the execution of a project from initiation to completion. It encompasses defining project goals, outlining tasks, allocating resources, and managing budgets and timelines. A successful project manager must possess strong leadership skills, effective communication, and the ability to mitigate risks and solve problems efficiently. Collaboration among team members is crucial, as is the flexibility to adapt to unexpected challenges that may arise during the project lifecycle. Continuous monitoring and evaluation ensure that the project stays on track, meeting objectives and delivering value to stakeholders. Question: How can project managers encourage effective collaboration and communication among team members to ensure the successful and timely completion of a project?
Development of Version 2.0 of a particular accounting software product is being considered by Jose Noguera's technology firm in Baton Rouge. The activities necessary for the completion of this project are listed in the following table: Activity Normal Time (weeks) Crash Time (weeks) Normal Cost Total Cost with Crashing Immediate Predecessor(s) A 4 3 $2,100 $2,800 — B 2 1 $2,300 $3,100 — C 3 3 $600 $600 — D 8 4 $2,400 $2,680 A E 6 3 $1,000 $1,450 B F 3 2 $3,200 $4,600 C G 4 2 $1,400 $2,000 D, E Part 2 a) Based on the given information regarding the activities for the project, the project length = enter your response here weeks.
Determine the Critical Path first - then crash until in All-Crash Mode using this information: Activity Predecessor Normal time Normal cost Crash time Crash cost Max Crash Time Slope A - 12 $200 9 $350 B A 8 $300 8 $300 C A 9 $250 7 $450 D B 6 $400 5 $600 E B,C 5 $150 4 $225 F C 10 $500 9 $650 G D,E,F 8 $400 6 $900 What to do: Duration Activities Crashed Incremental Crash Cost Cumulative Crash Cost How many days saved? New total project cost?
Event Predecessor Event Time A - 6 B - 8 C A;B 12 D C 4 E C 6 F D;E 15 G E 12 H F;G 8 Specify : a) The project age b) Critical event and critical time
-15) A project being analyzed by PERT has 60 activities, 13 of which are on the critical path. If the estimated time along the critical path is 214 days with a project variance of 100, what is the probability that the project will take less than 224 days to complete? A) near zero B) 0.0126 C) 0.1587 D) 0.8413 E) 2.14 22
29 A project being analyzed by PERT has 60 activities, 13 of which are on the critical path. If the estimated time along the critical path is 214 days with a project variance of 100, what is the probability that the project will take 224 days or more to complete? Select one: a. 0.1587 b. 2.14 c. near zero d. 0.0126 e. 0.8413

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