Normal Time Crash Time Immediate Predecessor(s) Activity Normal Cost (S) Crash Cost () (days) (days) START 50 160 START B 40 2 160 START 70 3 190 100 AC A.C 11 20 10 30 7. 30 80 280 G. 7. 60 110 60 7. 120 EF G. H FINISH a. Using the normal times for each activity, what is the earliest date you can complete the project? The corresponding project duration using the normal times isdays. (Enter your response as an integer)
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- 9. Dana is 30 years old and owns a wedding planning business. She takes care of all wedding events details from arranging flowers, tables, theme to catering food to a high standard. She has a good reputation in the market. Recently, she discovered another food catering company with wider varieties and lower prices that her customers will love to have. Thus, she decided to write a negative letter to the current catering company to inform them about terminating their business together. Dana has to plan her negative letter very carefully and to explain the needs of her customers: * A.to avoid responsibility for the message B.to improve future performance on the part of the sender C.to avoid adding a personal message to the recipient D.to gain control of the context of the message E.to minimize damage to the business relationship1. What is the most the real estate investor would be willing to pay for additional information? Use Minimum Expected Regret (Minimum EOL) 2. Use the alternative method to verify EVPIUnlike management reserves, contingency reserves are not likely to be spent and are not part of the project's budget baseline, but they can be included in the total project budget. Question 29 options: True False
- Prescriptive analysis answers the question a. How can we make it happen B Why did it happen C. What happened d.What will happenManagement Firm is a consulting company that specializes in the development of decision support systems. Time (Weeks) Activity Description ImmediatePredecessor Optimistic Most Probable Pessimistic A Report generation 2 8 12 B Web scraping 4 9 11 C Testing A, B 1 1 1 (A) Based solely on the critical path, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.) (b) Using all paths through the project network, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.)building project failures Exactracted from (News 24,2021) with reference to case study provided the 1.1criically discuss the primary reason contributing to failure of building 1.2 in reference to the reasons provided in question 1.1 above, discuss the impact of project failures and suggest solution that can be considered by project managers to mitigate against future project failures 1.3 with reference to construction project,critically discuss the contents of a project quality plan. your response should refer to reference to revent examples
- Long-term plans are those with a time frame beyond three years Select one: True FalseTo compute the breakeven point using the contribution margin, we get the ratio of: 1.Total variable expenses and Contribution margin per unit 2.Total fixed expenses and Total contribution margin 3.Total variable expenses and Total Contribution margin 4.Total fixed expenses and Contribution margin per unitManagement Firm is a consulting company that specializes in the development of decision support systems. Time (Weeks) Activity Description ImmediatePredecessor Optimistic Most Probable Pessimistic A Report generation 2 8 12 B Web scraping 4 9 11 C Testing A, B 1 1 1 (b) Using all paths through the project network, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.)
- 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 impactManagement Decision Systems (MDS) is a consulting company that specializes in the development of decision support systems. MDS has a four-person team working on a current project with a small company to set up a system that scrapes data from a collection of websites and then automatically generates a report for management on a daily basis. Time (Weeks) Activity Description ImmediatePredecessor Optimistic Most Probable Pessimistic A Report generation 1 8 12 B Web scraping 4 9 11 C Testing A, B 1 1 1 (b) Based solely on the critical path, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.) (c) Using all paths through the project network, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.)You are managing a project where you work with 7 other team membersand two sponsors. How many lines of communications are there betweenstakeholders on this project?A. 21B. 36C. 54D. 45 Joe is an excellent programmer. He was promoted to a role of ProjectManager because he understands technology better than anyone else in thecompany. Unfortunately, he is having trouble doing the project managementjob and his projects are failing. What is this an example of?A. Halo effectB. Gold platingC. Pre-assignmentD. Ground rules