Operations Management
13th Edition
ISBN: 9781259667473
Author: William J Stevenson
Publisher: McGraw-Hill Education
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Chapter 17, Problem 9P
PRINTED BY: 92248ddb24ccbc6@placeholder.10274.edu. Printing is for personal, private use only. No part of this book may be reproduced or transmitted without publisher's prior permission. Violators will be prosecuted.
Construct a network diagram for the information in the following table. Use either AOA or AON (see Example 5 for either type). What is the probability that the project will take more than 10 weeks to complete if the activity means and standard deviations are as shown below? Times are in weeks.
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Due to complexity of the project, there is the need to use ‘network analysis’, what is it?
Project Scope Management
Khan, (2006) (see below) states that, "Managing the scope of a project is the most important function of a project manager ... Effective scope management of a project also ensures the success of key completion areas, including time, cost, and quality.
Project scope management can be further subdivided into its components which include: project initiation, scope planning, scope definition, scope verification, and scope change control."
Based on your Integrated Project:
Select two of the subdivisions above and discuss the primary issues that could arise from the process.
Your response should begin with a definition of the selected subdivision before detailing the selected process
Problem Statement: Project Control and Monitoring
You are working on a manufacturing project having a budget of PKR 3,600,000 and expected time of its completion is one year. There is an ideal condition that your budget and work are evenly spread across the duration of the project that is twelve month. At the end of forth month, the senior management has called a meeting and invited all the stakeholders to brief about the status of the project. You being the PM of this project is giving the presentation to all the attendees and informed that project is on schedule and PKR 1,800,000 have already been spent on the project.
Required:
Calculate Cost and Schedule Variance
What is SPI and CPI of the project?
Estimate at completion and Estimated time to complete?
Chapter 17 Solutions
Operations Management
Ch. 17 - A project manager may need two skill setsthose of...Ch. 17 - Explain the term project champion and list some...Ch. 17 - List the steps in risk management.Ch. 17 - Give some examples of ethical issues that may...Ch. 17 - What are the key advantages of using project...Ch. 17 - What is a work breakdown structure, and how is it...Ch. 17 - Identify the term being described for each of the...Ch. 17 - List the main advantages of PERT. List the main...Ch. 17 - Why might a probabilistic estimate of a projects...Ch. 17 - Define each of these terms, and indicate how each...
Ch. 17 - Why might a person wish to be involved with a...Ch. 17 - Prob. 12DRQCh. 17 - What are some aspects of the project managers job...Ch. 17 - What is the main benefit of a project organization...Ch. 17 - What trade-offs are associated with time and cost...Ch. 17 - Who needs to be involved in assessing the cost of...Ch. 17 - Prob. 3TSCh. 17 - Project management techniques have been used...Ch. 17 - Give three examples of unethical conduct involving...Ch. 17 - For each of the following network diagrams,...Ch. 17 - Chris received new word processing software for...Ch. 17 - Prepare a Gantt chart for each of the following in...Ch. 17 - a. Develop a list of activities and their...Ch. 17 - For each of the problems listed, determine the...Ch. 17 - PRINTED BY: 92248ddb24ccbc6@placeholder.10274.edu....Ch. 17 - Three recent college graduates have formed a...Ch. 17 - The new director of special events at a large...Ch. 17 - PRINTED BY: 92248ddb24ccbc6@placeholder.10274.edu....Ch. 17 - The project described in the following table is...Ch. 17 - The following precedence diagram reflects three...Ch. 17 - A project manager has compiled a list of major...Ch. 17 - Here is a list of activity times for a project as...Ch. 17 - The project manager of a task force planning the...Ch. 17 - PRINTED BY: 92248ddb24ccbc6@placeholder.10274.edu....Ch. 17 - Chucks Custom Boats (CCB) builds luxury yachts to...Ch. 17 - Prob. 17PCh. 17 - Create a risk matrix in the style of Figure 17.13...Ch. 17 - Create a risk matrix for this project: Explain...Ch. 17 - CASE: The Case of the Mexican crazy quilt 1. The...Ch. 17 - CASE: The Case of the Mexican crazy quilt 2. The...Ch. 17 - CASE: The Case of the Mexican crazy quilt 3. The...Ch. 17 - CASE: The Case of the Mexican crazy quilt 4. The...Ch. 17 - CASE: The Case of the Mexican crazy quilt 5. The...Ch. 17 - B. Smitty Smith is a project manager for a large...
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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.Similar questions
- Kimpel Products makes pizza ovens for com-mercial use. James Kimpel, CEO, is contemplating produc-ing smaller ovens for use in high school and college kitchens.The activities necessary to build an experimental model andrelated data are given in the following table: a) What is the project completion date?b) Crash this project to 10 weeks at the least cost.c) Crash this project to 7 weeks (which is the maximum it canbe crashed) at the least cost.arrow_forwardDo not use chatgptarrow_forwardThe project manager of Good Public Relations gathered the data shown in Table 7.15 for a new advertising campaign.a. How long is the project likely to take?b. What is the probability that the project will take more than 38 weeks?c. Consider the path A–E–G–H–J. What is the probability that this path will exceed 38 weeks?arrow_forward
- You are in charge of a project. Your team has determined that there are 7 activities to be completed. Here are the activities, the time to complete the activity and the immediate predecessor of the activity. Using this data 1) construct a Gantt Chart, 2) determine the time it will take to complete the project, 3) You are monitoring the progress of this project and discover that activity C is in danger of taking longer than planned due to funding issues. What options do you have to get the project back on track? Activity Time Immediate Predecessor A 10 Weeks None B 6 Weeks A C 7 Weeks A D 6 Weeks B E 8 Weeks C F 3 Weeks D G 4 Weeks Farrow_forwardquetion 1 a)What is a burn-down chart? What purpose does it serve? b)Why should a project manager be concerned with monitoring a project’s progress? c) Describe how the SPI and CPI can be used to forecast the final cost of a project?arrow_forwardBy using Bar chart planning method, find the following: - Total duration for the project activities shown below - The project completion date (assume the start date is 1/3/2012 Activity A CDEFGHI J Duration 85 2846 7 45 6 (days) Following Activity C,D EFGHIJJ * If the project shown above had a delay of (4 days after (13working days), what would its new delivery date be? B Barrow_forward
- Given the information below, estimate the probability that the noncritical path B-C-G will take more than 15 weeks. Hint: Subtract from 1.0 the probability that B-C-G will take 15 weeks or less. Refer to the standard normal table. Question Viewer Activity Expected Time (weeks) Variance A 4.0 1.00 B 5.5 0.96 C 4.0 0.15 D 11.5 1.52 E 6.5 2.40 F 8.5 2.55 G 5.0 0.69 The probability that this path will take more than 15 weeks to complete is ☐. (Enter your response rounded to four decimal places.)arrow_forwardces Mailings Po V ates) EE E AL Review View Tell me $ Text Predictions: On 4 BIU 1. Evergreen Company wants to construct a new office building. The company has contracted a construction management contractor for this project. Given below are the details of a construction project. ✓ ✓ ✓ % Activity A 5 B C D ¶ E F — a) Construct the project network (AON) diagram for Evergreen Company and list all possible activity paths and their duration. b) Determine Evergreen Company's critical path(s). What is the duration of project competition? c) Determine the ES, EF, LS, LF, and floats for each activity. d) Construct a Gantt chart for Evergreen Company's project. AaBbCcDdEe Normal A STR 6 Predecessor(s) Duration (days) 1 2 A A B B, C E AaBbCcDdEe No Spacing !!! 3 2 1 1 & 7 E Do AaBbCcL AaBbCcDd AaBb AaBbCeDdE Heading 1. Heading 2 Title Subtitle * 00 8 I 9 Focus ( ) 0 Comm > St Farrow_forwardNeed help solving C and D. D) Freeze Inc.’s CEO established as a goal for top management to complete the project on or before 22 weeks. What is the probability that this project will be completed on or before 22 weeks?arrow_forward
- Using PERT, Adam Munson was a ble to determinethat the expected project completion time for the construction ofa pleasure yacht is 21 months, and the project va riance is 4.a) What is the probability that the project will be completed in17 months?b) What is the probability that the project will be completed in20 months?c) What is the probability that the project will be completed in23 months?d) What is the probability that the project will be completed in25 months?e) What is the due date that yields a 95% chance of completion?arrow_forwardQ3 need in 10 minutesarrow_forwardconduct pest analysis for the data byarrow_forward
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