**Constructing an AON Project Network**For the following set of activities, construct an Activity on Node (AON) project network. Analyze the project network, and answer the following questions:| Activity | Activity Predecessor | Time (months) ||----------|----------------------|---------------|| 1 | – | 4 || 2 | – | 7 || 3 | 1 | 8 || 4 | 1 | 3 || 5 | 2 | 9 || 6 | 2 | 5 || 7 | 3 | 2 || 8 | 4,5,6 | 6 || 9 | 2 | 5 |**Question: Which of the following is a critical path?**To analyze the critical path, you need to identify the longest path through the network, calculate the earliest and latest start times for each activity, and ensure that activities on the critical path do not have any slack time. **Understanding Project Completion Times**In the context of project management, assessing the estimated duration for project completion is crucial. Consider the following multiple-choice question which evaluates the understanding of project timelines:**Question:**Which of the following statements is correct regarding the completion time of the project?1. ☐ The project takes at least 12 months to be completed.2. ☐ The project takes at most 12 months to be completed.3. ☐ The project takes at least 23 months to be completed.4. ☐ The project takes at most 23 months to be completed.**Explanation:**This question is designed to test the understanding of project duration and constraints. Each option presents a different possible understanding of the timeline required to complete the project. Here’s a breakdown of what each statement implies:- **Option 1:** "The project takes at least 12 months to be completed." This means the shortest possible duration for completing the project is 12 months; it could take longer. - **Option 2:** "The project takes at most 12 months to be completed." This means the longest possible duration for the project is 12 months; it could be completed in a shorter period. - **Option 3:** "The project takes at least 23 months to be completed." Here, the project would require at least 23 months to conclude; it might take longer than 23 months. - **Option 4:** "The project takes at most 23 months to be completed." This indicates that the maximum time required for the project is 23 months; again, it could be completed sooner.Analyze project timelines accurately and choose the correct statement based on precise project planning and estimation.

A project schedule network diagram shows the sequence of the task that is performed to complete a…

Answered: Which of the following statement is…

Practical Management Science

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ISBN:9781337406659

Author:WINSTON, Wayne L.

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Chapter2: Introduction To Spreadsheet Modeling

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Based on the diagram in question 3, what happens to the project duration if Activity C is done at the same time as Activity D? The duration is shortened by 1 day The duration is lengthened by 1 day The duration is shortened by 4 days The duration is not affected
A project has a critical path with an expected duration of 22 and variance of 14. What is the probability it will be completed within 20-25 weeks (inclusive)? (the range of the answers account for rounding errors) Group of answer choices Between 55% and 58% Between 17% and 20% Between 47% and 52% Between 64% and 67% Between 60% and 63%
Define tasks and assign them to the project members by using one of the Project Management Tools (ex: JIRA).
Once the project starts, Cumulative Budgeted Cost (CBC) will periodically be compared to the: to-complete performance index forecasted costs at completion cumulative actual cost none of the above
Constraints are those factors that can limit a project. Which of the following are considered constraints (choose all that apply)? a. Quality b. Strategic Plan c. Risks d. Requirements e. People and Materials f. Project Management Information System
After the first month of a project, the Actual Cost was $400 and the planned cost for the first month was $500. Currently, only 50% of the work have been completed. Based on this information, calculate the following: a.Cost Performance Index b.Estimate to Complete c.Estimate at Completion
We reduce Activity B to 4 weeks on each of the six houses.What affect will that have on the project completion time? Show work on the template provided. The x axis is the number of houses The y axis is time (number of weeks)
After compiling all the snowcards of the requirements for a project you have realized that there are two snowcards that conflict. Moreover, each of the snowcards has a different originator. As the chief requirements engineer describe the step(s) that you would take to resolve this matter.
From the following data, calculate BAC, BCWS, BCWP, ACWP, EV, CV and SV when the Status Checking Date is May 5, 2017. Is the project over or under budget? By what percentage? Is the project behind or ahead of schedule? By what percentage? Project Status Status Checking Date 5/5/2017 Actual Effort Estimated Actual Completion Estimated Work Effort by Status Checking Date Completion Date Tasks Date (mm/dd/yy) (mm/dd/yy) (Person Days) (Person Days) 10 2/5/2017 2/5/2017 15 20 3/15/2017 3/25/2017 20 25 4/25/2017 4. 25 25 5/5/2017 4/1/2017 15 10 5/25/2017 10 5 6/10/2017 7 5 6/15/2017 HTML Editor 2. 3. 5.
In project management, CPM is an activity-oriented approach. Select one: O True O False
1. What’s the maximum amount of time that activity G can be delayed without delaying the whole project? (Whole number, no space, no commas, no decimal value). 2.What’s the maximum amount of time that activity A can be delayed without delaying the whole project? (Whole number, no space, no commas, no decimal value) 3. What’s the maximum amount of time that activity H can be delayed without delaying the whole project? (Whole number, no space, no commas, no decimal value)
Mueller & Associates is a urban planning firm that is designing a new public park in an Omaha suburb. Coordination of the architect and subcontractors will require a major effort to meet the 45-week completion date requested by the owner. The Mueller project manager prepared the following project network. Start A B F H 0 D E Finish Estimates of the optimistic, most probable, and pessimistic times (in weeks) for the activities are as follows. Activity Optimistic Most Probable A 4 8 Pessimistic 12 B 6 7 8 C 6 12 18 D 3 5 7 E 6 9 18 F 5 8 17 G 10 15 20 H 5 6 13

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Which of the following statement is correct regarding the completion time of the project? O The project takes at least 12 months to be completed