Project Management: The Managerial Process (Mcgraw-hill Series Operations and Decision Sciences)
7th Edition
ISBN: 9781259666094
Author: Erik W. Larson, Clifford F. Gray
Publisher: McGraw-Hill Education
expand_more
expand_more
format_list_bulleted
Concept explainers
Videos
Textbook Question
Chapter 5.1A, Problem 2E
How many labor hours for the whole project of eight satellites?
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
••• 3.31 Development of Version 2.0 of a particular account-
ing 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:
Find the optimum duration and cost for the projects of a 11 activities, the
indirect cost = 150 $ for each day ???
Normal
Crashed
Minimum
Normal
Crash
Crash
Change in
Cost per Day(
cost slope)
Cost
Duration
Cost
Duration
Range
500
4
750
3
100
4
300
2
200
2
200
2
600
5
760
4
700
6
830
5
200
4
300
3
170
7
200
5
200
4
300
2
80
2
80
2
100
1
100
1
600
7
670
6
3450
2
3
4
5
Activity
1-2
2-3
2-4
2-5
3-6
4-8
5-7
6-9
7-8
8-9
9-10
Total cost
I need the answer as soon as possible
Chapter 5 Solutions
Project Management: The Managerial Process (Mcgraw-hill Series Operations and Decision Sciences)
Ch. 5.1A - How many labor hours should the eighth satellite...Ch. 5.1A - How many labor hours for the whole project of...Ch. 5.1A - What price would you ask for the project? Why?Ch. 5.1A - Midway through the project your design and...Ch. 5.1A - Near the end of the project, Deutsch Telefon AG...Ch. 5 - Why are accurate estimates critical to effective...Ch. 5 - Prob. 2RQCh. 5 - Prob. 3RQCh. 5 - What are the major types of costs? Which costs are...Ch. 5 - Why is it difficult to estimate mega project...
Ch. 5 - Define what a white elephant is in project...Ch. 5 - Calculate the direct cost of labor tor a project...Ch. 5 - Mrs. Tolstoy and her husband, Serge, are planning...Ch. 5 - Exercise Figure 5.1 is a project WBS with cost...Ch. 5 - Firewall Project XT. Using the complexity...Ch. 5 - At this point, what would you do if you were the...Ch. 5 - Prob. 5.1.2CCh. 5 - What estimating techniques should be used for a...Ch. 5 - Assume you are either Mike or Josh; how would you...Ch. 5 - Prob. 5.2.2CCh. 5 - After cost, what other factors should be...
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.Similar questions
- 4. Calculate variance project and variance percentage 5 days' workshop trainees 20 person, and supplies variance will be positive variance or Negative by showing table project to date. Description of the activity 5 days' workshop trainees 20 person, Supplies Required: a) Find out variance b) Percentage variances Actual cost $20,000 $27,000 Budgetary Variance? estimate $24,000 $ 25,000 Percentage variancesarrow_forwardManagementarrow_forward2arrow_forward
- Q: For the activites shown in the table below, find the time duration of the project and the critical path. Activity A BC D EF0HIJK MNR Duration 45 6 || 8 | 3 78 11 384 89 4 (weeks) Following C,D,E D,FJ H O K MLK N MR Activityarrow_forwardSchedule the Following Activities using CPM: 15 Duration of the project is: ID A B C D E F G H None of the above 14 17 Predecessor(s) A A B C,D D F E, G Time (Days) 2 5 4 3 4 1 1 2arrow_forward12:23 Ill 5G Problem 1 The following table gives expected times and variances for a probabilistic duration type of project (we are not given and we don't need the optimistic, most likely, and pessimistic time estimates). Activity Expected Time Variance A 4 0.44 B 3 0.69 C 7 2.25 D 11 2.25 E 4 0.11 F 9 1.36 G 6 0.44 H 6 0.69 I 7 1.36 J 13 1.00 K 3 0.44arrow_forward
- The following table contains information related to the car problems of 2 SUV being maintained in Toyota. Activity Immediate Time (days) Total Cost Maximum Crash cost per day Predecessor Normal Crash Normal Crash Reduction in Duration time A 9. 4 P1,500 P2000 В A 3 1000 1400 8. 4 1600 2200 C 4 900 1150 E В, D 1 800 1300 What is the expected project duration?arrow_forwardSolve the following project by hand and submit your notes: Activity Normal Time (weeks) Crash Time (weeks) Normal Cost Crash Cost Immediate Predecessor A 4 3 $2,000 $2,100 - B 2 1 $2,200 $2,800 - C 3 3 $500 $500 - D 8 6 $2,300 $2,600 A E 6 3 $900 $1,200 B F 3 2 $3,000 $4,200 C G 4 2 $1,400 $2,000 E, F How long will the project take? What is the total cost to complete the project in normal time? If the project is to be shortened by 1-week, which activity will be reduced and how much will the cost be increased? What is the maximum time that the project can be crashed? How much will the cost increase if it is crashed the maximum?arrow_forward9. The following information is given for a CPM network: Activity Predecessor Successor Normal Time Normal Cost A $60 70 80 40 B A C A, B B, C 00 D B, C D. C D B. 14 OC.16 D. 11 54 63 2 2 3 Crash Time What's the normal project completion time, given the information in the table? Crash Cost $125 90 150 60arrow_forward
- Answer the following questionarrow_forwardName the six key decisions in project management.arrow_forwardConsidering the Project Details; 1.Construct the Project Network Diagram 2.Find the Expected Duration and Standard Deviation and Variance of each Activity 3.Find the Critical path and Expected Project Completion Timearrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Understanding BusinessManagementISBN:9781259929434Author:William NickelsPublisher:McGraw-Hill Education
Management (14th Edition)ManagementISBN:9780134527604Author:Stephen P. Robbins, Mary A. CoulterPublisher:PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract...ManagementISBN:9781305947412Author:Cliff RagsdalePublisher:Cengage Learning
Management Information Systems: Managing The Digi...ManagementISBN:9780135191798Author:Kenneth C. Laudon, Jane P. LaudonPublisher:PEARSON
Business Essentials (12th Edition) (What's New in...ManagementISBN:9780134728391Author:Ronald J. Ebert, Ricky W. GriffinPublisher:PEARSON
Fundamentals of Management (10th Edition)ManagementISBN:9780134237473Author:Stephen P. Robbins, Mary A. Coulter, David A. De CenzoPublisher:PEARSON
Understanding Business
Management
ISBN:9781259929434
Author:William Nickels
Publisher:McGraw-Hill Education
Management (14th Edition)
Management
ISBN:9780134527604
Author:Stephen P. Robbins, Mary A. Coulter
Publisher:PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract...
Management
ISBN:9781305947412
Author:Cliff Ragsdale
Publisher:Cengage Learning
Management Information Systems: Managing The Digi...
Management
ISBN:9780135191798
Author:Kenneth C. Laudon, Jane P. Laudon
Publisher:PEARSON
Business Essentials (12th Edition) (What's New in...
Management
ISBN:9780134728391
Author:Ronald J. Ebert, Ricky W. Griffin
Publisher:PEARSON
Fundamentals of Management (10th Edition)
Management
ISBN:9780134237473
Author:Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:PEARSON
Inventory Management | Concepts, Examples and Solved Problems; Author: Dr. Bharatendra Rai;https://www.youtube.com/watch?v=2n9NLZTIlz8;License: Standard YouTube License, CC-BY