Please answer all parts. 43. Use the information below to answer the following questions:NormalTime (wk.)CrashingIst dayCosts ($ 000)2nd dayActivityStartPrecedesA, BC, D9.48.%3.6.EF46.6.H.6.8.86.108End1215End6.Prepare a network diagram of the above project. Complete the diagram using Notability andSubmit the file.44. What activities make up the eritical path?In crashing this project, which activity is the first to be reduced?Which activities should be crashed to reduce the project by two weeks?What is the total cost of reducing this project by two weeks?BCDEF

Project crashing is the process of reducing the activity duration using additional cost through…

Answered: 44. What activities make up the…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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A recent survey by IBM of 585 mobile application developed and managers found that only one-thir of mobile development projects successfully Mey project criteria in terms of budget, schedule, and project objectives. Given that, what are some of the potential Riska for companoes, such as FIMC, that develop and deploy a mobile app on such a tight schedule
Development of Version 2.0 of a particular accountingsoftware product is being considered by Jose Noguera'stechnology firm in Baton Rouge. The activities necessary for thecompletion of this project are listed in the following table: a) What is the project completion date?b) What is the total cost required for completing this project on normal time? c) If you wish to reduce the time required to complete this projectby I week, which activity should be crashed, and how much will this increase the total cost?d) What is the maximum time that can be crashed? How much would costs increase?
Development of Version 2.0 of a particularaccounting software product is being considered by JoseNoguera’s technology firm in Baton Rouge. The activitiesnecessary for the completion of this project are listed in thefollowing table: a) What is the project completion date?b) What is the total cost required for completing this projecton normal time?c) If you wish to reduce the time required to complete thisproject by 1 week, which activity should be crashed, andhow much will this increase the total cost?d) What is the maximum time that can be crashed? Howmuch would costs increase?
The project manager of a task force planning the construction of a domed stadium had hopedto be able to complete construction prior to the start of the next college football season. Afterreviewing construction time estimates, it now appears that a certain amount of crashing will beneeded to ensure project completion before the season opener. Given the following time and costestimates, determine a minimum-cost crashing schedule that will shave five weeks off the projectlength. Note: No activity can be crashed more than two weeks.CRASHING COSTS ($000)Activity Immediate Predecessor Normal Time (weeks) First Week Second WeekA — 12 $15 $20B A 14 10 10C — 10 5 5D C 17 20 21E C 18 16 18F C 12 12 15G D 15 24 24H E 8 — —I F 7 30 —J I 12 25 25K B 9 10 10M G 3 — —N H 11 40 —P H, J 8 20 20End K, M, N, P
Use the information in this table to calculate the weighted score for project 2 Criteria Weight Project1 Project2 Project3 Project4 Supports of key business objectives 5% 90 90 50 20 Has strong internal sponsor 10% 70 90 50 20 Has strong customer support 5% 50 90 50 20 Realistic level of technology 10% 25 90 50 70 Can be implemented in one year or less 30% 20 20 50 90 Provides positive NPV 10% 50 70 50 50 Has low risk in meeting scope, time, and cost goals 30% 20 50 50 90
Dave is the project manager for a construction project that is building agazebo. When the project first started, he met with the stakeholders to definethe scope. The sponsors mentioned that the gazebo is a really important partof their daughter’s wedding ceremony that was planned for 7 months fromthen. In fact, they said that if the gazebo couldn’t be completed in 7 months, itwouldn’t be worth it for them to even start the project. Dave wrote down the7-month deadline to put in his Project Scope Statement. In which section ofthe document did the deadline appear?”A. Project ConstraintsB. Project DeliverablesC. Project ObjectivesD. Project Assumptions Which of the following is a “hygiene factor” under Herzberg’s Motivation-Hygiene Theory?A. Recognition for excellent workB. Self-actualizationC. Clean clothingD. Good relations with coworkers and managers
Q)Project can involve a single individual or multiple individuals, a single organizational unit, or multiple organizational units from multiple organizations and a project can create following: (Discuss this argument ) Subject :: project management
You are a project manager carrying out the first adaptive project for the company. For each iteration, you will need to ensure your team carries out all of the following except: D. Develop Project Charter A. Collect Requirements C. Create WBS B. Define Scope
Project scope (Per Chapter 4, this should be more detailed than the proposal scope)a. Project Objectivesb. Customer Requirementsc. Project Statement of Work (Tasks)d. Project Deliverablese. Project Acceptance/Success Criteria2. Provide Estimated Number of Workers Needed to Complete Project and their responsibilitiesa. Develop fictional people with professions needed to complete the project3. Provide a Task List/Work Breakdown Structure to divide the project into piecesa. Use graphical structure from pages 114-115 in text 4. Provide a Network Diagram for your project with estimated activity durations for each step. 5. Using a Project Schedule similar to page 161 in the text, provide a schedule for the project if wewere to start on June 1st, i.e. estimated time to completion and time to complete various tasksa. Need Earliest Start/Finish and Latest Start/Finish Calculations, and Slackb. Identify the Critical Path in your project6. Provide any risks that your team believes the…
Hi, I need help answering the last question. Rob Smith is managing a small project at Boston University. He is under pressure to shorten the overall duration of the project by 4 weeks and he wants to do so at the lowest cost possible. In order to meet this objective a number of activities must be crashed. Activity Normal Time (weeks) Crashed Time (weeks) Normal Cost Crashed Cost Predecessor(s) A 5 3 $800 $1,200 - B 6 5 $300 $450 - C 6 5 $550 $775 - D 3 2 $750 $950 A E 6 3 $1,350 $2,250 C F 5 3 $675 $875 B What is the total cost of crashing the project 4 weeks (just the additional cost, not total project cost)? (Display your answer to two decimal places.)
Please Answer the following questions:- How does earned value give a clearer picture of project schedule and cost status than a simple plan versus actual system?- Schedule variance (SV) is in dollars and does not directly represent time. Why is it still useful?- In month 9 the following project information is available: actual cost is $2,000, earned value is $2,100, and planned cost is $2,400. Compute the SV and CV for the project.- On day 51 a project has an earned value of $600, an actual cost of $650, and a planned cost of $560. Compute the SV, CV, and CPI for the project. What is your assessment of the project on day 51?
You’re managing an industrial design project. Your project is currently in theInitiating phase. The project charter has been created, and you are workingon developing the preliminary scope statement. Which of the following isNOT something that you should do?A. Create the change control systemB. Document initial project risksC. Identify internal and external constraintsD. Write down any assumptions that you have made Alberto is the project manager of a software implementation project.His company has made an organization wide decision to move to a newaccounting and human resources software package. He has read thatsome projects to implement the same package have resulted in the loss ofpersonnel data when they tried to import it into the new system. He backsup the data so that it could be restored in the event of such a problem butalso buys insurance to cover the cost of keying in the data manually if theimplementation doesn’t work. Which response strategies are Albertousing?A.…

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44. What activities make up the critical path? In crashing this project, which activity is the first to be reduced? Which activities should be crashed to reduce the project by two weeks?