Activity Normal_time Crash_time Normal_cost Crash_cost SlackA311748006200В141455005500C341851006600211745006800E151553005300F171753005300The table shows normal time, crash time, normal cost, crash cost and slack time of activities in a project. According to this table which activity must be crashed first? Assume there is only one critical path. (Only type the name ofthe activity, Example: A. @orsdemir. Copyrighted content. Cannot be posted.)0ㅇ11 2 0

Given- Activity Name Normal Time Crash Time Normal Cost Crash Cost SLACK A 31 17 4800 6200 0…

Answered: Activity Normal_time Crash_time…

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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How do i fully crash a critical path when given the following question. a) Fully crash the critical path taking the work package back to the shortest possible duration. You should thwith the activity with the lowest cost per unit crash time and progress to the activity with the highest cosp per unit crash time. Show the crash sequence of cost against time using suitable form of graphical representation. b) Summarize the main sources of duration estimating data used by organizations when assembling project schedules.
Consider the following activity description with associated cost data shown in Table 1. The cost data represents the total cost and should be considered linear with time. Table 1: Crash Cost Table Activity Immediate Predecessor Normal Duration (days) Normal Cost ($) Crash Duration (days) Crash Cost ($) A --- 5 50 3 150 B --- 4 40 2 200 C B 7 70 5 250 D A, C 2 20 1 50 E A, C 5 125 1 525 F B 10 80 7 290 G D 7 50 3 250 H E, F 6 60 3 180 Reduce the project duration to minimum duration and calculate the cost. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
Activity normal durations, crash durations and cost Activity Normal Duration (weeks) Crash Duration (weeks) Normal Cost ($) Crash Cost ($) A-B 4 2 300,000.00 420,000.00 B-C 3 3 100,000.00 100,000.00 B-D 2 1 50,000.00 55,000.00 B-E 6 5 150,000.00 200,000.00 C-F 3 2 30,000.00 150,000.00 C-K 3 2 20,000.00 25,000.00 D-G 2 1 300,000.00 350,000.00 E-H 10 8 60,000.00 140,000.00 F-G 3 2 160,000.00 260,000.00 F-I 3 2 350,000.00 500,000.00 F-K 2 1 170,000.00 270,000.00 F-L 2 1 330,000.00 440,000.00 F-N 2 1 250,000.00 500,000.00 G-L 2 1 60,000.00 65,000.00 H-K 10 9 100,000.00 110,000.00 I-J 2 1 10,000.00 20,000.00 J-O 3 1 30,000.00 35,000.00 K-N 8 7 50,000.00 80,000.00 L-M 4 2 40,000.00 50,000.00 M-O 2 1 5,000.00 6,000.00 N-O 12 10 200,000.00 240,000.00 Note: The Crash duration represents the minimum duration where an activity is speeded up as much as possible. The crash cost represents the increased cost…
ACTIVITY Immediate Predecessor Normal Duration (wks) Minimum Duration (wks) Crash Costs ($/wk) A --- 4 4 --- B --- 3 2 100 C A, B 5 3 200 D C 4 4 --- E C 2 1 300 F C 1 1 --- G D 3 2 200 H E 1 1 --- I F 1 1 --- J H, I 3 1 100 What is the slack time for Activity F and the late start for Activity H? Group of answer choices 2 weeks, 11 weeks 1 weeks, 11 weeks 3 weeks, 10 weeks 2 weeks, 12 weeks None of the above are correct.
Analyze which type of project termination is this:i. Completing a bridge constructionii. Completing an extra building construction of a collegeiii. Opening a new department of an universityiv. Stopping a project due to lack of budget
Determine the Critical Path first - then crash until in All-Crash Mode using this information: Activity Predecessor Normal time Normal cost Crash time Crash cost Max Crash Time Slope A - 12 $200 9 $350 B A 8 $300 8 $300 C A 9 $250 7 $450 D B 6 $400 5 $600 E B,C 5 $150 4 $225 F C 10 $500 9 $650 G D,E,F 8 $400 6 $900 What to do: Duration Activities Crashed Incremental Crash Cost Cumulative Crash Cost How many days saved? New total project cost?
One of Mary's employees, Shira, has obtained a new job and given her two weeks' notice. Shira was responsible for updating the company website with information on the new bag policy. Mary gave Shira's responsibilities to another employee in the Marketing department who has similar knowledge and skills.What is the probability of this risk occurring and what is the impact on the project? a.) Low probability and medium impact b.) High probability and high impact c.) Medium probability and low impact d.) High probability and low impact
In a traditional project, the project manager saves the project schedule as a baseline plan in project management software. During the course of the project, the variance reports are created to show the difference between planned and actual activities. Project monitoring and control is different in agile projects than traditional projects. In an agile project, different tools and techniques are used to monitor and control project schedules. How does it help a project manager to monitor cost and schedule in a traditional project? There are different techniques for monitoring schedule performance in a traditional project. One method is a schedule variance report. How is a schedule variance report different from schedule variance in earned value? Does the role of the project manager change when monitoring and controlling agile projects?
Task Predecessor Duration A Start 3 B Start 5 C B 8 D A, C 12 E C 7 F D, E 9 Given the requisite information above, what is the critical path duration? What are some mechanisms for “crashing” a project.
PROJECT PLANNING & SCHEDULING WITH PERT/CPM Given the activities of a project; their optimistic (to), most likely (tm) and pessimistic (tp) time estimates (te); and their immediate predecessors shown below:1. Which activities are noncritical (can be delayed)?2. How long can each of the activities be delayed without delaying the whole project (maximum slack)? Activities ImmediatePredecessors Activity Times (to) Activity Times (tm) Activity Times (tp) Activity Times (te) Maximum Slack,months A - 1 4 13 B A 4 7 16 C A 2 2 2 D C 4 6 14 E - 1 3 5 F E 3 5 13 G - 7 10 13 H G 6 7 14 I B, D 1 1 1 J F, H, I 13 16 25
If Task B is delayed by 2 days, which of the following task will be directly impacted? Task Duration Predecessor A 3 days - B 5 days A C 4 days B D 2 days B E 1 day C, D F 1 day E a. Task F b. Task C c. None of the above. d. Task E e. Task D
(1) Suppose a project manager is reviewing the project management plan, the work performance data, and the project schedule. She is getting ready to do next? Work the project plan. Plan the project schedule. Start Control Schedule. Create the WBS. (2) During the Control Schedule process, what is one of the most common outputs? Stakeholder meeting Team meeting Vacation request Change request

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