Operations Management: Processes and Supply Chains (12th Edition) (What's New in Operations Management)
12th Edition
ISBN: 9780134741062
Author: Lee J. Krajewski, Manoj K. Malhotra, Larry P. Ritzman
Publisher: PEARSON
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Textbook Question
Chapter 7, Problem 2DQ
Explain how to determine the slack for each activity in a project. Why is it important for managers to know where the slack is in their projects?
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how do you determine the slack for each activity in a project. Why is it important for managers to know where the slack is in their projects?
Explain the concept of "earned schedule analysis" and its advantages in project analysis. How does it complement traditional earned value management (EVM)?
How has slack changed for each activity? Has the risk of being late changed? How?
Chapter 7 Solutions
Operations Management: Processes and Supply Chains (12th Edition) (What's New in Operations Management)
Ch. 7 - One of your colleagues comments that software is...Ch. 7 - Explain how to determine the slack for each...Ch. 7 - Define risk as it applies to projects. What are...Ch. 7 - Consider the following data for a project to...Ch. 7 - The following information is known about a project...Ch. 7 - A project for improving a billing process has the...Ch. 7 - Prob. 4PCh. 7 - Prob. 5PCh. 7 - Consider the following information for a project...Ch. 7 - Consider the following data for a project to...
Ch. 7 - Paul Silver, owner of Sculptures International,...Ch. 7 - Prob. 9PCh. 7 - The following information concerns a project to...Ch. 7 - Consider a project to produce custom door moldings...Ch. 7 - Table 7.5 contains information about au...Ch. 7 - The Advanced Tech Company has a project to design...Ch. 7 - Prob. 14PCh. 7 - Table 7.8 contains data for the installation of...Ch. 7 - The diagram in Figure 7.12 was developed for the...Ch. 7 - Prob. 17PCh. 7 - Prob. 18PCh. 7 - You are the project manager of the software...Ch. 7 - Jordanne King, the project manager for Webjets...Ch. 7 - Recently, you were assigned to manage a project to...Ch. 7 - In Solved Problem 2, estimate the probability that...Ch. 7 - The director of continuing education at Bluebird...Ch. 7 - Gabrielle Kramer, owner of Pet Paradise, is...Ch. 7 - The project manager of Good Public Relations...Ch. 7 - Consider the office renovation project data in...Ch. 7 - Activity B and activity K are critical activities....Ch. 7 - Prob. 2AMECh. 7 - Prob. 3AMECh. 7 - Prob. 4AMECh. 7 - Prob. 5AMECh. 7 - Assess the four categories of a risk-management...Ch. 7 - Prob. 2VCCh. 7 - Assume you are Denise Tower and have...Ch. 7 - Prob. 1CCh. 7 - Prob. 2CCh. 7 - Prob. 3CCh. 7 - Prob. 4C
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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
- Identify the many types of real-time scheduling methods available to the project team.arrow_forwardConsider the project described in the table below: Activity Duration A B C D E F G H 9 4 8 8 5 7 4 6 OEST-9 and LCT = 15 OEST=9 and LCT = 13 Immediate Predecessor What is the earliest start time (EST) and latest completion time (LCT) of activity B? OEST=9 and LCT = 20 OEST-9 and LCT-17 - A A A B B,C C,D E,F,Garrow_forwardWhat are Scheduling Models for Projects and how are they defined?arrow_forward
- The following is a table of activities associated with a project at Rafay Ishfaq's software firm in Chicago, their durations and what activities each must precede: Duration (weeks) Precedes B, C F E F This exercise contains only parts b, c, and d. b) The activities on the critical path are c) The total project completion time for Rafay Ishfaq's software firm is d) Determine the slack time for each of the activities. (Enter your responses as whole numbers.) Activity A (start) BOE C F (end) weeks. (Enter your response as a whole number.) Activity A B ош 2 9 2 6 3 F Slack Time (weeks) What is the total slack for the non critical path(s) in the project? week(s) (Enter your response as a whole number.)arrow_forwardThe following is a table of activities associated with a project at Rafay Ishfaq's software firm in Chicago, their durations and what activities each must precede: Duration (weeks) This exercise contains only parts b, c, and d. b) The activities on the critical path are A-B-F Activity A (start) BU C E F (end) 1 2362 10 Precedes B, C F E F c) The total project completion time for Rafay Ishfaq's software firm is 13 weeks. (Enter your response as a whole number.) d) Determine the slack time for each of the activities. (Enter your responses as whole numbers.) Activity Slack Time (weeks)arrow_forwardDescribe the ideal approach for a project manager to develop optimal estimates for a project's time and costsarrow_forward
- Describe the advantages of using probabilistic time estimates in project management ?arrow_forwardSuppose you are the project manager for the following project: First, draw a network diagram for the project. Determine the critical path and slack times for all of the tasks. This completes your plan for the project schedule. During project execution, you become aware of the need to change the duration of Task 4 to five days. Meanwhile, Task 3 has been finished one day early, so it only took one day to do. What, if any, effects do these changes have on your project? What would have happened if you had not been monitoring the status of the project?arrow_forwardExplain the notion of project planning. Which considerations should be taken into account while estimating schedules?arrow_forward
- The following is a table of activities associated with a project at Rafay Ishfaq's software firm in Chicago, their durations and what activities each must precede: Duration (weeks) Precedes B, C E F F Activity A (start) What is the total slack for the non critical path(s) in the project? BOE C F (end) 1 2. 2182 This exercise contains only parts b, c, and d. b) The activities on the critical path are c) The total project completion time for Rafay Ishfaq's software firm is weeks. (Enter your response as a whole number.) d) Determine the slack time for each of the activities. (Enter your responses as whole numbers.) ABC EF 11 Activity Slack Time (weeks) week(s) (Enter your response as a whole number.)arrow_forwardDiscuss why defining the scope of a project in the beginning phase of any project is critical. Are the scope and schedule related? Why or why not?arrow_forwardA project consisting of the following activities: Activity Predecessor Duration (months) A 2 B Activity A Duration (hours) 1 Predecessor - 3 C 2 D B B 5 1 4 E A, B C 3 1 3 F B 2 D 3 2 G F, C 5 H G Identify the critical path and obtain the project completion time. Calculate free float for each activity. The table describes the activities needed in planning a training session. E 1 4 4 I F F 4 4 3 J I, D 2 G 1 5 H 3 3,6 Determine the critical path and the expected completion time of the training session. K J 1 L E 6arrow_forward
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