Devry Proj 592 Quiz 6 - Updated

Remember the old saying, "A project plan is not a schedule until resources are committed." This exercise illustrates this subtle, but very important, difference.

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Project C: This project will be a scale-up of a project done last year. All the same processes will be used. The costs for the material and other resources should be scalable based on last year’s costs.

Choose from the list of problem scenarios below. Using the steps involved in problem solving that were discussed in this chapter, describe how you would go about solving this problem.

The project manager is under budget but behind schedule. He/She should spend some of their savings getting more resources to put them back on schedule.

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The following activity is for the seven month period from January to September 2015. There are some tasks that are identified that overflow from the time as a LEIDOS contractor, which I have identified in italics.

| a) Crash cost of A = (600-300)/(5-3) = $150; Crash Cost of B = (450-250)/(3-2) = $200; Crash Cost of C = (500-400)/(6-4) = $50; Crash Cost of D = (400-150)/(5-3) = $125 b) As per the above schedule, the activities on the

18) Activity A has a standard cost of $500 and the standard time to complete Activity A is 5 weeks. The crash time for Activity A is 3 weeks and the crash cost is $600. What is the crash cost per week for Activity A?

This project is budgeted in fund 404. Therefore, there is no contingency. I will do the budget amendment for this project. Is this project completed? Is this project should go back to the commissioners for an approval for the increased amount? Please let me know of the budget amendment amount for the

The budget that will need to be fulfilled in order to obtain the Pine Grove ATV Connector Trail, that will extend for an additional 6 miles is going to approximately cost $70,000. With regard to the funding only $50,000 is actually put into the materials and building labor needed for the trail connector, while the other $20,000 is going into the expertise of personnel for designing and managing the construction. Materials and equipment needed other than a labor force

Project constraints include the pre-set budget of $10,000 and the deadline of 4:00pm local time on 3 July 2012.

The team’s task was to plan and organise and event that would be feasible within the school. The event held must make a profit, which

Problem 12 (page 82) Table 2.5 on page 82 contains information about an environmental clean-up project. Shorten the project three weeks by finding the minimum-cost schedule. Assume that project indirect costs and penalty consts are negligible. Identify activities to crash while minimizing the additional crash costs. Solution: AON Diagram for the environmental project:

TABLE OF CONTENTSQuestion 1a ……………………………………………………………………………………………………………………….3b ……………………………………………………………………………………………………………………….3c ……………………………………………………………………………………………………………………....4Question 2 …………………………………………………………………………………………………………………………………5Question 3 …………………………………………………………………………………………………………………………………6Question 4 …………………………………………………………………………………………………………………………………6References …………………………………………………………………………………………………………………………………7QUESTION 1a.Calculate the cost of the activities for France.