Given that we are on Day 30 and the following data, what task should receive the highest priority? Job A B C D Due Date Workdays Remaining 35 32 35 45 5 5 10 na
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Calculate the Critical Ratio and provide the priority order based on your calculations. The data will be provided in the question.
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- All projects utilise several different resources to successfully complete the project successfully tothe customer or sponsors requirements.Resources add another dimension to planning and scheduling. This includes people, materials,equipment, tool, facilities and so forth.The quantity and availability of these resources are often limited and cause project to face risks orconstraints which needs to be managed carefully.With the above statements , differentiate between Resource smoothing and resourcelimited scheduling then to substantiate your answer by providing at least two (2) situations whereresource limited scheduling may occur1. Which of the following is generally considered a characteristic of project process? A. Operations and equipment are dedicated to the product B. Work is not fixed but moves through a sequence of operations C. Products or services are standard and are produced in a large volume D. Processes are linear and often continuous but can be stopped E. The product or service will be made to a specific customer order 2. Select those of the following that would normally be considered true of Operations A. Operations is the part of the organisation that is easiest to manage B. Most of the investment in technology is in operations C. Operations can contribute little to making a firm world less competitive D. Operations is the area of the business that most of the people do not workA project has a budget of $300,000 and is expected to last 10 months, with the work results and budget spread evenly across all months. The project just completed its 3rd month, the work is on schedule, and $65,000 has been spent. What is the cost variance? How efficient (in %) must work progress be to complete on time and within budget?
- You will be a Project Manager soon, How can you practice standards for scheduling? Give example or scenario, and apply the key components of proper scheduling.Executing processes exclude coordinating people and other resources to carry out the various plans and create the products, services, or results of the project or phase Select one: True False A ______ is a series of actions directed toward a particular result. Select one: a. project b. process c. plan d. goal A dependency or relationship pertains to the sequencing of project activities or tasks Select one: True False Determine budget output Select one: a. Work performance information, cost forecasts, change requests, project management plan updates, project documents updates, organizational process assets updates b. Activity cost estimates, basis of estimates, project documents updates c. Cost management plan d. Cost baseline, project funding requirements, project documents updatesWhat is a workflow chart and how is it important for business planning purposes?
- College students always have a lot of work to do, but thissemester, Katie Lawrence is overwhelmed. Following arethe assignments she faces, the estimated completion times(in days), and due dates:Help Katie prioritize her work so that she completes asmany assignments on time as possible. Today is November2. How would your sequence of assignments change ifKatie were interested in minimizing the mean tardiness ofher assignments?You are managing a software project with an initial budget estimate of 5 million USD. During interim cost and schedule performance analysis, you figured out that: You should have spent $650,000 till now based on your initial plans and 1,500 man/days of schedule activities You spent $425,000 till now and completed 600 man/days of schedule activities which should have cost $525,000 based on your initial plans. You re-estimated the budget required for the remaining work to be done as $4,500,000. Identify: BAC PV AC EV ETC Calculate: CPI SPI CV SV VAC EAC TCPI(Note: Task N is a dummy task. It must be included in the relationships, but its duration is 0. Be sure its duration is set to 0) Please see attached charts and diagram. Assign the following resources to the tasks. All resources will be full time. (Set the leveling to manual first). Task Resource Cost / Day A R1 200 B R2 300 C R3 300 D R4 300 E R2 300 F R4 300 G R1 200 H R5 200 I R6 400 J R5 200 K R1 200 L R3 300 M R2 300 N - - 2. Level if necessary. Then determine the new critical path and duration. 3. What is the total cost of the project (Fixed + Resource cost)? How much does the project need in the first, second, and third weeks?
- (Note: Task N is a dummy task. It must be included in the relationships, but its duration is 0. Be sure its duration is set to 0) Please see attached charts and diagram. Assign the following resources to the tasks. All resources will be full time. (Set the leveling to manual first). Task Resource Cost / Day A R1 200 B R2 300 C R3 300 D R4 300 E R2 300 F R4 300 G R1 200 H R5 200 I R6 400 J R5 200 K R1 200 L R3 300 M R2 300 N - - 1. Check for over-allocation. Which resources are over allocated? 2. Level if necessary. Then determine the new critical path and duration. 3. What is the total cost of the project (Fixed + Resource cost)? How much does the project need in the first, second, and third weeks?You are managing a software development project. Only 35% of the work has so far been completed, while the planned schedule called for 50% completion by this date. Originally budgeted for $250,000, the team has already spent $150,000 on the project. What is the best way to describe the state of this project? Ahead of schedule, within budget Behind schedule, within budget Ahead of schedule, over budget Behind schedule, over budgetFreed works for a traditional company that expects him to start at 8.30 a.m. and leave at 5.30 p.m. or later every day. Most of his work is done on a project basis and, as a manager, he is responsible for the quality of work that is produced and for meeting deadlines, as the nature of his work involves meeting deadlines, achieving certain objectives, and hitting targets. On most days of the week, there is often extra work to be done on a project, and Freed stays late in the office or brings his work home. Occasionally, his director and colleagues find him missing important information in a meeting because he was thinking about something else.People sometimes think about something other than what they’re doing. Their minds wander, whether they are trying to read important emails, speaking to clients, updating the sales figures, or talking to colleagues, creating barriers in communication not only for themselves but also their receivers. Justify this statement in keeping with the…
