Project Cash Flows B -$4,000 -$8,500 1 $400 $11,500 2 $7,000 $400
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Consider the following two mutually exclusive investment projects:
Assume that the MARR = 15%.
(a) Using the NPW criterion, which project would you select?
(b) On the same chart, sketch the PW(i) function for each alternative for i = 0% and 50%. For what range of i would you prefer Project B?
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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…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?In 2017, Aurecon was appointed by the City of Ekurhuleni to design and construct rail lineunderpasses that are attractive, safe and user-friendly for pedestrians and cyclists, together withthe associated safety infrastructure. The project was completed in February 2019 at a cost of R50 million with over 5,000 resources involved over the 2-year project.Q.1.2 Projects are different from operations, state any Five (5) project attributes.
- Your firm MS MACKAY LTD. won a contract of €1,785,000 to construct a 161kV/33kV sub-station. You have been selected as the project manager to lead the project team for the successful execution of the project. You are the project manager, there are a total of 8,400 hours of work schedule on the project. You made your checks with the accounting department, and they told you that you have spent a total of €1,144,000. According to the schedule, your team should have worked 5000 hours, but your foreman says that the team was allowed to work some overtime, and they have actually put in 5600 hours of work. (i) Write the scope of the project (ii) Provide the WBS for the project.In 2017, Aurecon was appointed by the City of Ekurhuleni to design and construct rail lineunderpasses that are attractive, safe and user-friendly for pedestrians and cyclists, together withthe associated safety infrastructure. The project was completed in February 2019 at a cost of R50 million with over 5,000 resourcesinvolved over the 2-year project.Q.1.1 Based on the above project information, discuss any Five (5) project constraints. Q.1.2 Projects are different from operations, state any Five (5) project attributes.In project management why is float important?
- Entrepreneur Andrew Field bought a print shop and used his selling skills to boost sales to about $1 million annually. The high fixed cost structure of his business resulted in only a break-even situation, however, and Field saw no hope for improvement given his relatively small local markets. The idea for a Web site finally struck. Field devised an interactive Web site system to fill his idle capacity. Customers design and submit their orders through a simple program. The company then e-mails a project number and link to a proof of the order, and once approved by the customer, a production, shipping, and delivery date are established. Field filled his idle capacity and then took his company to the next level by soliciting more work and subcontracting that to competitor companies. Word of the ease and reliability of Fields system has spread, and the company now averages about 7,000 visitors to its site each day, generating sales of $8 to $9 million. Q1. Would Fields strategy for…List the deliverables from the Joint Project Planning Session (JPPS).Case: Friendly Assisted Living Facility-3 (pg.104) Q1: Define the deliverables for this project Q2: Define the constraints and assumptions for this project Q3: Develop a preliminary Level 1 WBS Q4: Develop a RACI matrix for this project based on the level 1 WBS Q5: Would a Project Charter have been useful here? Explain. C A S E Friendly Assisted Living Facility-3 Continuing with the ALF Steering Committee meeting Fred led a discussion of all the major steps that must be included in the project plan, and inked each team member to identify the areas for which they would accept responsi bility. The hospital's Construction Project Manager took responsibility for the constructions of the facility, and the COO volunteered to oversee the building design, as well as define the needs for food services, housekeeping, staff ing, and policy and procedure development. The CFO agreed to develoys the budgets for each area of the project as well as the operating budget for the facility.…
- The estimated annual cash flows for a proposed municipal government project are costs of $850,000 per year, benefits of $930,000 per year, and disbenefits of $300,000 per year. Calculate the conventional B/C ratio at an interest rate of 9% per year, and determine if it is economically justified.The B/C ratio is______The project is economically ((Click to select)N5 Explain some of the basic principles of cost management, such as profits, life cycle costs, tangible and intangible costs and benefits, direct and indirect costs, and reserves. Why is defining activities a process of project time management instead of project scope management?The G&E Company is preparing a bid to build the new 47,000-seat Shoreline baseball stadium. The construction must start on Jan 01 2022, and be completed in time for the finals of the 2024 season. A penalty clause of $250,000 per week of delay beyond October 1st, 2024 is written into the contract. George Earnings, the president of the company, expressed optimism at obtaining the contract and revealed that the company could net as much as $3 million on the project. He also said if they succeed, the prospects of future projects are bright since there is a projected renaissance in building classic ballparks with modern luxury boxes. ID Activity Duration Predecessor(s) 1 Baseball Stadium 2 Clear stadium site 70 days — 3 Demolish building 30 days 2 4 Set up construction site 70 days 3 5 Drive support piling 120 days 4 6 Pour lower concrete bowl 120 days 5 7 Pour main concourse 120 days 6 8…