Which project management approach follows a deterministic approach and assumes the activity duration is a known certainty? a) PERT b) CPM c) Network Diagram d) JIT e) ABC
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Which project management approach follows a deterministic approach and assumes the activity duration is a known certainty? a) PERT b) CPM c) Network Diagram d) JIT e) ABC
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- The table below contains information about an environmental clean-up project in the township of Hiles. Shorten the project threethree 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 Normal Time (weekweeks) Crash Time (weekweeks) Cost to Crash ($ per weekweek) Immediate Predecessor(s) A 55 44 300300 None B 77 44 5050 None C 77 66 300300 A D 77 66 250250 A E 11 11 long dash— B F 33 33 long dash— C, D G 55 44 200200 D, E H 44 22 200200 F I 22 22 long dash— G Part 2 Fill in the table below with the activity times after crashing to show the resulting schedule. (Enter your responses as…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 aThe 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
- For each of the following network diagrams, determine both the critical path and the expected project duration. The numbers on the arrows represent expected activity times.a. AOA diagram b. AON diagram c. AOA diagram d. AON diagramProject closing actions: are performed in the "Performing" phase of the project life cycle are performed in the "Closing" phase of the project life cycle include such things as making final payments, evaluating staff, and organizing and archiving project documents a and c above b and c above a and b aboveA large Southeast city is requesting federal funding for a park-and-ride project. One of the requirements in the request application is a network plan for the design phase of the project. Sophie Kim, the chief engineer, wants you to develop a project network plan to meet this requirement. She has gathered the activity time estimates and their dependencies shown here. ID Description A Survey B Soils report с Traffic design D Lot layout E Approve design F G Drainage H Landscape I Signage J Illumination Bid proposal The project is expected to take The critical path is: Early start for Activity E is: Late finish for Activity F is: Slack for Activity C is: Predecessor None A A A B, C, D E E E E F, G, H, I Time (days) 9 22 25 6 76 20 24 24 25 9 days. day(s).
- Th e dean of the business school wants to start off eringthis program starting 32 weeks from now. Using the informationprovided in Problem 15,(a) Calculate the probability of the program starting ontime.(b) If the dean needs a 95 percent probability of being doneon time, how long can the expected project duration be?← Consider the following crash data for a project. Times are given in weeks. ACTIVITY A B C D E F How many week(s) of crashing are available for activity E in the table above? Activity E has sweeks of crashing available. What will be the cost of activity E if it is completed in 3 weeks? The cost will be $ NORMAL TIME 4 7 8 3 7 6 CRASH TIME 4 5 3 1 1 3 NORMAL COST ($) 1,400 5,000 5,700 2,400 1,100 2,800 CRASH COST ($) 1,400 6,200 8,700 3,800 5,900 5,200 (s) po TimeWhat is the critical path of the project? a. BCGIKLM b. ABGIKLM c. ABDFGKLM d. ACFGIKLM e. ACEHJKLM
- After six months of work on the project’s site, your company collected the following information relating to work done so far on the project BAC=$156,478.00, planned value=$95,565.24, Earned value =$92, 985.56, Actual cost =$95986.60. Calculate the cost and schedule performance indices and interpret your resultsB/U pe Activity A B D 11. A project has the activity duration and cost information indicated in the table where all times are in weeks. There is a penalty of $4,000 per week for every week the project exceeds 37 weeks. What is the lowest total cost for completing this project? Predecessor Time 18 11 A A B C E D Normal A H 12 15 3 19 Asbe de ABC' AMBBC RACE AB 7 8 12 6 Normal Cost Crash Time Crash Cost $22,000 $32,000 $62,000 $18,000 $35,000 $8,000 $23,000 $32,000 $56,000 $12,000 5 $18,000 19 $22,000 $9,000 $15,000 $5,000 $13,000 $20,000 $45,000 2 5 4On June 12, 2013, the Delta Corporation was awarded a $160,000 contract for testing a product. The contract consisted of $143,000 for labor and materials, the remaining $17,000 was profit. The contract had a scheduled start date of July 3. The network logic, as defined by the project manager and approved by the customer is the following: NETWORK LOGIC / ACTIVITY TIME (Weeks) AB 7 AC 10 AD 8 BC 4 BE 2 CF 3 DF 5 EF 2 FG 1 On August 27, 2013, the executive steering committee received the following report indicating the status of the project as of this time (end of week 8) ACTIVITY % COMPLETE ACTUAL COST TIME REMAINING (Weeks) AB 100 $23,500 0 AC 60 $19,200 4 AD 87.5 $37,500 1 BC 50 $8,000 2 BE 50 $5,500 1 Is the project ahead of schedule or behind schedule and over budget or under budget? What recommendations would you make for this project?
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