Consider the following Project for Questions 14-19:ActivityABCDEFG34ActivityPredecessorA2BC, DBENone of the above2How many paths are there in the network?824N3וח5O552b33410 Question 15The expected activity times for activities from A through G are:O2, 3, 5, 9, 5, 5, 2O3, 4, 6, 10, 8, 6,31, 2, 4, 8, 2, 4, 1None of the aboveThe variances for activities from A through G are :0.33, 0.33, 0.33, 0.33, 1, 0.33, 0.330.11, 0.11, 0.11, 0.11, 1, 0.11, 0.11O3, 4, 6, 10, 8, 6, 3None of the above

In the question, we have the table data, this data includes activity id, the immediate predecessor…

Answered: Activity A B D E F 3 Activity…

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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Choose one IT project of your own and answer the question that follows:Establish the project’s objective and discuss, using examples, two benefits ofusing project management techniques on this project.NB: 1. The project objective should be SMART.2. The IT project chosen here is also used in the other questions below. Only IT project examples are accepted.
2. What is the expected profit for this project?(a) $624, 000(b) $583, 000(c) $564, 000(d) $1, 147, 000(e) $573, 5003. Suppose now that the market research study has a cost. What would be the maximum amount thatyou would be willing to pay for market research?(a) $19, 000(b) $147, 000(c) $0(d) $1, 000(e) $60, 0004. What is the expected value of building a medium complex when the market research study is done?(a) $564, 000(b) $624, 000(c) $583, 000(d) $563
You are working with potential sponsors to determine which project yourcompany will pursue. Based on the benefit-to-cost (BCR) ratios, which of thefollowing four projects should you recommend?A. Project A has a BCR of 5:2B. Project B has a BCR of 5:4C. Project C has a BCR of 3:1D. Project D has a BCR of 2:1 What are the 5 kinds of power?A. Legitimate, expert, reward, political, and bargainingB. Legitimate, expert, reward, referent, and punishmentC. Legitimate, expert, reward, political, and punishmentD. Legitimate, expert, reward, economic, and bargaining
1.) What is the crash cost per week of Activity 5-7?2.) How much is the least expensive activity?3.) Based on your critical path, what is the project duration?State your answer in days assuming 6 days per week.(Sample answer: 6.00)4.) What is the total project cost of Project TRES prior to crashing the activities?Format: PHP 123,456.00]5.) What is the critical path?Sample Answer: 1-2-3-4-5-66.) Which path has the least total project duration?Sample Answer: 1-2-3-4-5-6 @ 2 weeks7.) What is the total difference between the Total Crash Cost and Total Normal Cost?8.) If activity 2-4 was crashed by one (1) month, what will be the Total Project Cost?9.) Which activity has the MOST expensive crash cost per week and how much does it cost the project?The format of your answer must be: Activity 1-2 @ PHP 0,000.0010.) After performing the project crashing, what is the corresponding time for the optimum cost of the project?Express your answers in weeks.Sample: 2 weeks11.) A penalty for not…
Using your results from Problems 4 and 5,(a) Calculate the completion time for this project.(b) Identify the activities included on the critical path of thisproject.
Project Typhoon has a net present value of $10,000 and a profitability index of 1.01. Project Cyclone has a net present value of $10,000 and a profitability index of 1.10. Project SurfsUp has a net present value of $10,000 and a profitability index of 1.05. If only one project could be undertaken, what should the oraganiztion select?
The Quantum Leap Company has set up a weighted scoring matrix for evaluation of potential projects. Below are five projects under consideration. 1. Using the scoring matrix below, which project would you rate highest? Lowest? 2. If the weight for "Strong Sponsor'. is changed from 2.0 to 5.0. will the project selection change? what are the three highest weighted project scores with this new weight? 3. Why is it important that the weights mirror critical strategic factors? 4. Two new software projects are proposed to a young, start-up cornpany. The Alpha project vvill cost $150.000 to develop and is expect. to have annual net cash flow of $40,000. The Beta project will cost $200,000 to develop and is expected to have annual net cash flow of S50,000. The company is ve, concerned about their cash flow. Using the payback period, which project is better from a cash flow standpoint? Why? a. Assume that the rate of inflation is 644, use the Net Present Value (NM, aPProach to calculate PaYback…
the project lifecycle 1) List and explain the phases that mark the life of a project. 2) For each project phase identified in 1(a) above, describe at least four (4) projectactivities/processes performed in the phase. 3) With the use of a diagram, show (illustrate) the typical levels of uncertainty or projectrisks associated with each phase and throughout a project. 4) With the use of a diagram, show (illustrate) the typical levels of project staffingrelated to each phase and throughout a project. 5) For each project phase identified in 1(a) above, identify and describe at least one (1)major deliverable (output) of the phase.
Following are the activities of a project: Activity time in weeks Immediate Most Most MostActivity Precedence Optimistic Likely PessimisticA None 4 7 13B A 6 9 11C A 5 7 09D B 3 5 07E C 7 8 10F D 2 3 05G E 6 7 08H F&G…
Describe project integration management . Briefly describe the strategic planning process, including a SWOT analysis. Which project selection method(s) do you think organizations use most often for justifying information technology projects?
What is project planning? Examine the significance of project planning. Outline the activities involved in project planning. Why is it necessary to plan for the unknowns during a project?
The importance of projects for organizational competitive advantage and national growth continuously increases. However, despite their importance, most projects fail to achieve their stated goals. Discuss briefly the importance of projects in an organization?

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Activity A B D E F 3 Activity Predecessor 4 B C, D B E 2 None of the above 4 8 How many paths are there in the network? 2 4 2 E w 9 5 2 b 3 3 10