I need the answer quickly Before answering the following questions, you must drawthe arrow diagram, rectangles, network calculations, andthe project diagram, the details of which are shown in thetable below.Time (week)Activity DependencyResourceba1.52.52.532А, ВB1.52.520.51.5FGDD, EC, F, GC, G3.53421.52.520- What is the efficiency of resource use in the case ofproviding the maximum amount of resources after theresource adjustment process? *All options are incorrect93%100%96%71%68%633752212214 33ABCDEECHI

Find the Given details: Activity Dependency Optimistic Time(To) a(Days) Pessimistic Time(Tp)…

Answered: Before answering the following…

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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please help, project management. I need part D,Eand 2 1) Given the following information for a one-year project, answer the following questions. Recall that PV is the planned value, EV is the earned value, AC is the actual cost, and BAC is the budget at completion. PV=$22,000 EV=$20,000 AC=$25,000 BAC=$120,000 a) What is the cost variance, schedule variance, cost performance index (CPI), and schedule performance index (SPI) for the project? Show your calculations. b) How is the project doing? Is it ahead of schedule or behind schedule? Is it under budget or over budget? Explain. c) Use the CPI to calculate the estimate at completion (EAC) for this project. Is the project performing better or worse than planned? Explain. d) Use the SPI to estimate how long it will take to finish this project. e) Sketch the earned value chart for this project. 2) Write a one-page summary explaining how is project cost management different when using an Agile approach? Make sure to document any cited…
Financial data of a highway construction project is given . You are questioned to develop a plan such that both cost and project duration would be at optimum status. A,C,E,H are the activities that have no float. Office rent $ 50/- per day Bills $ 30/- per day Miscellaneous expenses $78/- per day
Since Jack believes that Work Center 3 is his bottleneck, hehas asked you to do the following:(a) Calculate the percentage of planned output needed tocomplete the planned inputs (planned input 1 backlog/planned output) at Work Center 3.(b) Calculate the percentage of planned input that actuallyhappened (actual input 1 backlog/planned input 1backlog).(c) Calculate the percentage of available output that wasactually accomplished (actual output/planned output) atWork Center 3.(d) Given your results, do you believe that Jack is correct inassuming that Work Center 3 is his bottleneck? Justifyyour answer.
For conducting a project seven activities should be performed but maximum availablemanpower is 17. Task duration and manpower requirement is given below. Project managersaid, “It is possible to complete the project without leveling the manpower". Evaluate thestatement of the PM. (Justified or Not-Justified)
2-Al Madena Cements focus much on the quantity of resource consumed by each and every activity of the company to assign the cost of a resource to an activity or cost pool. The measure of the quantity of resource consumed by an activity.is known as: a. Resource cost driver b. Resource cost driver c. Cost Object d. None of the given options
ActivityPredecessorDuration (days)a-10b-15ca17db5eb4fc15gd7he8if12jg,h,i10 Draw the network (AON) and calculate and calculate the Critical Path
Explain the following project situations using just the following schedule and cost information: a. PV = $10,000, AC = $12,000, EV = $10,500b. PV = $10,000, AC = $10,000, EV = $10,000c. PV = $10,000, AC = $9,000, EV = $10,000a. PV = $10,000, AC = $10,000, EV = $9,000
You are the project manager of the software installationproject in Table 7.12. You would like to find the minimum-costschedule for your project. There is a $1,000-per-week penaltyfor each week the project is delayed beyond week 25. In addi-tion, your project team determined that indirect project costsare $2,500 per week.a. What would be your target completion week?b. How much would you save in total project costs with yourschedule?
A student has been put in charge of a new garden design. The new design will involve five different activities. Per project management guideline, activities “a” and “b” start on day 0. Draw the network diagram. Calculate ES/EF/LS/LF and Slack for all activities. Activity A: Immediate Predecessprs (-) Duration days (3) Activity B: Immediate Predecessprs (-) Duration days(5) Activity C: Immediate Predecessprs (a) Duration days(3) Activity D: Immediate Predecessprs (b) Duration days(7) Activity E: Immediate Predecessprs (C,D) Duration days(3)
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.)
Given the network plan that follows, compute the early, late, and slack times. What is the project duration? Using any approach wish (e.g., trial and error), develop a loading chart for resources Carpenters (C) and Electricians (E). Assume only one carpenter is available and two Electricians are available. Given your resource schedule, compute the early, late, and slack times for your project. Which activities are now critical? What is the project duration now?
Justify the usage of earned value management (EVM) to control costs and monitor project success, and hypothesize on why it is not utilized more often. What are some broad guidelines for determining if a cost variation, a schedule variance, a cost performance index, or a schedule performance index is positive or negative?

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