2). Based on the below table:a. Construct the network.b. How long will it take to finish the project?c.. What is the critical path activities?d. If the project is to be finished in 16 weeks, which activities should be crashed?e. If the project is to be finished in 15 weeks, which activities should be crashed?NORMAL CRASHIMMEDIATETIMETIME NORMAL. CRASHACTIVITY PREDRCESSOR (WEEKS) (WEEKS COST () COST2KO009,00010,00012,00015,000D215,00015,500E35,0008,7007,5009,000DEK0009,400F.G5,0006,600

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Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

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

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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
To be able to meet delivery dates, a project consultant intimates that a project should be analyzed with activities as follows: ACTIVITY IMMEDIATE PREDECESSOR EXPECT DURATION (WEEKS) A. Initial discussion none 3 B. product design none 5 C. Market survey B 3 D. market evaluation A,C 4 E. product costing D 8 F. sales plan C 2 G. product pricing F 4 H. prototype F 2 I. master inform B 5 J.prototype testing HEG 3 (i) Draw a network to represent the various activities of the project.(ii) Draw up a table showing for each activity, the earliest and latest start and finish times and total float/slack.(iii) Determine the critical path and project duration.(iv) As a management science student, advise the management about the effect on the project completion time If the start time of activity A is delayed by 3weeks, activity G is delayed by 8 weeks
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When a project manager must reduce the duration and time on a project, removing deliverables from what was originally planned would be an example of. A. Fast tracking B. Reducing the project scope C. Using critical chain project management D. Compromising quality
a) Draw a schedule showing the work package critical path and duration. b) Assume the wor kpackage has to be completed within 44 weeks.Calculate the most costeffective way of completing the work package within this time, giving the costincrease associated with this crash sequence. c) Discuss the main factors likely to be considered by the project manager whenconsidering time– cost trade-offs and time–quality trade-offs as ways of reducingthe overall time required to complete a project or work package.
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a. Construct the network. b. How long will it take to finish the project? c.. What is the critical path activities?