(d) What is the shortest possible time it will take to complete the project?
Q: b. How many weeks will it take to complete the project
A:
Q: What is the duration of the project (in weeks)?
A: Project crashing is a process which reduces the total project completion time using additional cost…
Q: Suppose you are a project team member and you have been designated as the meeting minutes' taker for…
A: Purpose Served by project Meetings is as follows; Report on progress Purpose or generate ideas…
Q: Why is it important to know what tasks are required to close the project?
A: Below is the solution:-
Q: Would it have been preferable to employ a professional project manager to oversee the project? If…
A: A project manager is an individual who leads the project team and motivates them to achieve the…
Q: How can a Project Manager strike a balance and catch up control the budget and resources?
A: With regards to cost control in project management, it tends to be trying to figure and oversee…
Q: What are the major steps in executing a project plan?
A: Project management is the process or practice that include initiation, planning, execution, control,…
Q: How to manage a project team?
A: A project team refers to a group of two or more people who work together for completing the project…
Q: Why the "The Iron Triangle” is in important for the project management? How and why to be applied…
A: Project management is the management in which a particular type of skills, techniques, and equipment…
Q: short answer please What are the critical success factors for a project manager? What skills…
A: Managerial functions can be said as those functions which guides about the duties and…
Q: Why is it important to know How will the project be delivered
A: Breaking down a project into tasks and assigning those tasks to teammates is what project management…
Q: In what way does the position of a project manager resemble that of a general manager, including a…
A: Functional Organization: It revolves around what functions an organization needs to perform like…
Q: Explain how you plan to keep track of a project. What issues would you prioritise if you were a…
A: It is difficult to monitor a mission. A project manager may use this method to locate project…
Q: What are the key steps in the implementation of a project plan?
A: The project management framework includes the phases of planning, execution, tracking, and closure.…
Q: Think of a project in which you are currently involved. Describe the objectives, scope, schedule,…
A: Undertaking manufacturing is an activity intended to deliver enormous, costly, particular items like…
Q: What are the benefits of using project management collaboration software?
A: Teams and team leaders use project collaboration as a technique to organize, manage, and keep an eye…
Q: What is earned value in Project and how is earned value calculated; How to prevent going over…
A: This question is related to the topic -Project Management and this topic fall under the operations…
Q: When it comes to IT project management, how can you differentiate between the many tools and…
A: Project management in today's world is all about employing the correct tools and strategies. Having…
Q: Are there guidelines for project management?
A: Before you start planning the project, make sure you stick to the authorized timeline and budget.…
Q: What are the characteristics of a project? (List 2 characteristics)
A: Project management is the procedure that guides the team to achieve all project goals within the…
Q: O A-B-D-F-G-H O A-C-E-H O A-B-D-E-H O A-C-E-F-G-H c. How many weeks will it take to complete the…
A: The critical path method is a project management tool that is used to help plan and schedule the…
Q: Explain the ethical considerations associated with completing a project in the shortest possible…
A: The ultimate goal of project management is to complete all project objectives within the constraints…
Q: What are the relative advantages and disadvantages of the functional approach to managing projects?
A: The project management is the method through which the organization tries to complete the goals of…
Q: What are the different ways the project manager uses Webcams?
A: A webcam is an advanced video gadget regularly incorporated into a PC. Its principal work is to send…
Q: Explain why did company select a project manager from within the organization?
A: A project manager plans, organizes, and supervises projects and directs project operations inside an…
Q: What are some ways a project manager can make a project more fun and team members more committed?
A: Project manager is the one who handle all the activities of the project and is responsible for…
Q: Provide an overview of the tools and technology that were used to define IT project management??
A: Information Technology Project Management often called ITPM can be stated as the approach of…
Q: Why do you think project needs assessment is useful to developing a project?
A: Any project will have some specific needs in its initial stage and fulfilling those needs is…
Q: How important does credibility mean for a project manager?
A: Credibility is created through a group of little points accomplished in the project. In project…
Q: How do you define a project and how is a project different from what most people do in their…
A: A project can be defined as a effort, using a combination of human, technical, administrative,…
Q: What does "earned value" mean in the context of a project, and how does it get calculated? Explain
A: A project is the set of tasks that are to be formed to achieve the desired outcome. A project deals…
Q: Make it fast, make it good and make it cheap is what senior managers always ask for from their…
A: With any venture, there are limitations and risks that should be addressed to guarantee the task's…
Q: How do agile and predictive project methodologies attempt to meet the project client's requirements?
A: Project management is the process of putting policies, plans, skills, knowledge, and experience into…
Q: What is the best way to record and share a lesson learned with other project teams?
A: The project's lessons should be written down in a systematic manner. It is possible to identify and…
Q: Why do organizations need to tailor project management concepts, such as those found in the PMBOK®…
A: PMBOK stands for project management body of knowledge and is a entire collection of processes. good…
Q: You are given the following parameters for a project. There is an opportunity to upload your work in…
A: CPM stands for Critical Path Method, which was invented by DuPont and first used in the chemical…
Q: can you said in 500 words, What is Project Management
A: In the question, First I would define the term "Project", then I would establish the definition of…
Q: a project manager can do to help create an environment in which a project team will feel motivated?
A: It is integral for the project managers to create and maintain a positive work environment for their…
Q: What is a critical path? Is this important in project planning? How does it help?
A: Once the project scope of work is thoroughly defined and represented in the form of a work breakdown…
Q: As a manager, do you think it's important to break down a project into manageable chunks? Is there a…
A: Project decomposition can be stated as the approach of dividing the elements or components of any…
Q: How can a lesson learned to be documented and made available to other project teams?
A: The lesson learned during the project should be documented in a formal way. It can be identified and…
Q: 1.1. The case study reveals that even the biggest companies buy some parts of their project scope…
A: A make-or-buy call is AN act of selecting between producing a product in-house or buying it from AN…
(d) What is the shortest possible time it will take to complete the project?
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- 9. A project has the following activities, with specified precedents, expected durations (in days), and crash cost/day. Each activity can be crashed to a minimum duration of 1 day. (This is the same network as a previous problem.) What is the minimum total cost to shorten the project by 2 days? Round your answers to 2 decimals. Activity Precedent Duration Crash cost/day A - 3 $350 B A 3.8 $250 C A 6 $400 D B 6 $150 E B 4.1 $200 F C 4 $275 G D 6.2 $500 H E 8 $300 Answer:The Laurenster Corporation needs to set up an as-sembly line to produce a new product. The fol-lowing table describes the relationships among the activities that need to be completed for this productto be manufactured. (a) Develop a project network for this problem.(b) Determine the expected duration and variancefor each activity.A group of developers is building a new shopping center. A consultant for the developers has developedthe following table of activities, durations and predecessors. Determine the earliest start times andfinish times, latest start and finish times, activity slack, critical path and duration for the project. Thereis a Bonus for finishing the project at 90% of the projected date. The bonus for early completion is$50,000. Which activities should be crashed, if the cost for 1 week reduction, for any activity, is $3500per week, and what is the total cost of crashing? And, Net Bonus, if any.
- 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…1. Construct a network for this problem.2. Determine the expected time and variance for each activity.3. Determine ES. EF. IS. LE and slack for each activity.4. Determine the critical path and project completion time.5. Determine the probability that the project will be finished in 70 days or less.6. Determine the probability that the project will be finished in 80 days or less.7. Determine the probability that the project will be finished in 90 days or less.I need a detailed explanation and assistance to solve the this problem: A company decides to plan a project, with activities, precedences and deterministic durations given in the following table: Activity i Duration (days) Immediate Predecessors A 32 none B 21 none C 30 none D 45 A E 26 A, B F 28 C G 20 E, F a) What method should be used? Using only one pseudo-activity, draw the project network, with arcs labeled by the activity name and duration. b) Compute and display in a table the earliest and latest starting and finishing times, as well as slack, for each activity, and identify the critical path(s). C) Draw a Gantt chart of the schedule, based on earliest starting times d) Which activities must be completed by day 60 to ensure that the project is not delayed?
- The estimated times and immediate predecessors for the activities in a project a t George Kyparis's retinal scanning company are given in the following table. Assume that the activitytimes are independent. a) Calculate the expected time and variance for each activity.b) What is the expected completion time of the critical path?What is the expected completion time of the other path in the network?c) What is the variance of the critical path? Wha t is the variance of the other path in the network?d) If the time to complete path A-C is normally distributed, what is the probability that this path will be fini shed in 22 weeks or less?e) If the time to complete path B- D is normally distributed, what is the probability that this path will be finished in 22 weeks or less?f) Explain why the probability that the critical path will be finished in 22 weeks or…The Virginia Department of Transportation is undertaking aconstruction project to widen a large section of interstate, highway near Washington, DC, which includes the construc-tion of a number of new bridges, interchanges, and over-passes. The first step in the project is the appointment of a project manger and the development of a project team, someof which will be departmental employees and others will beprivate consultants and operatives. The team for a project thissize also requires a large support staff with varying technicalskills. Once the team is selected and the staff is in place the first task is to select a primary contractor to manage and over-see the actual construction. The following activities are stan-dard for the planning and scheduling of this process: Construct the CPM/PERT network for this project and de-termine the project schedule. Identify the critical path and determine the expected project duration time and variance.Determine the probability that the team and…2. A small software development project at Krishna Dhir's firm has five major activities. The times (in days) are estimated and provided in the table below: Activity Immediate Predecessor a m b A − 2 5 8 B − 3 6 9 C A 4 7 10 D B 2 5 14 E C 3 3 3 a) The expected completion time for this project is ___ days (enter your response as a whole number). b) The project variance of completion time is ___ days (enter your response as a whole number). c) The probability that this projectbe can be completed in 17 days or less is ____ (keep two decimal places). d) The probability that it will take more than 17 days to complete this projectbe is __ (keep two decimal places). e) The due date that yields a 98% chance of completion is ____ days (keep two decimal places).
- 2. The following table lists the activities of a network along with their time estimates: Activity Predecessor Duration (Days) Optimistic (a) Most Likely (m) Pessimistic (b) A None 2 5 8 B None 4 7 16 C A 3 6 9 D A 2 5 8 E C 5 8 11 F D 3 6 15 G B 2 5 14 H E, F 2 5 8 I G 6 9 12 J H, I 0 0 0 (a) Draw the project network. Use activity on node (A-O-N) method. (b) Identify the Critical Path. Calculate the length and variance of the Critical Path. (c) Identify the non-critical activities. Work out the Total Slack (TS) and Free Slack (FS) for all the non-critical activities. (d) State whether the network is sensitive or insensitive! (e) What is the approximate probability that jobs on the critical path will be completed by the due date of (i)24 days, (ii) 29 days?The estimated times and immediate predecessorsfor the activities in a project at George Kyparis’s retinal scan-ning company are given in the following table. Assume thatthe activity times are independent. a) Calculate the expected time and variance for each activity.b) What is the expected completion time of the critical path?What is the expected completion time of the other path inthe network?c) What is the variance of the critical path? What is the vari-ance of the other path in the network?d) If the time to complete path A–C is normally distributed,what is the probability that this path will be finished in22 weeks or less?e) If the time to complete path B–D is normally distributed,what is the probability that this path will be finished in22 weeks or less?f) Explain why the probability that the critical path will befinished in 22 weeks or less is not necessarily the probabil-ity that the project will be finished in 22 weeks or less.Critically assess and comment on the success of the project from the followingviewpoints aline with a project To enhance Sports development by providing assistance to sports clubs and teams in St. Catherine North Central by providing them with the necessary gears and equipment for whichever Sporting disciple that they may part-take in. a. Level or degree of alignment of end results and outcomes to the organization’sstrategic goals.b. Level of success in the management of the triple constraints of time, cost, andscope.