Which of the following information is required from the client for 'preliminary estimating'?Select the BEST combination.Select one:а.Site location, risk register, project requirements, budget constraints.b.Site location, key dates, sustainability strategy, budget constraints.Site location, building use, risk register, budget constraints.ос.O d.Site location, building use, key dates, budget constraints.

Preliminary Estimate A preliminary estimate is an estimate of the project's cost that is prepared at…

Answered: project requirement ustainability…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 21P

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Jaronda is a member of a dance team. As a fundraiser, she and the other members of the team decide that she will use the team's money to buy flowers in bulk, sell the flowers individually to students with her school's permission, and return the team's money plus any profits she makes, What is the MOST accurate name for aronda's role? O A. project manager © B. network facilitator O C data manager O D. systems operator
Given the tabulated data shown, prepare the following: a) PERT / CPM Network b) Tabulated CPM Calculations c) Bar Chart based on the given data .
This is in reference to the AURA resedential development project, which consists of 39 high end units and this project was done by NCB Group in Grand Cayman. This is for a project management course so please answer as such. Explain the processes and/or activities that the project team used to deliver a quality service, result, or product to the sponsor, customers, and users.
Of the topics covered on the second test (Project Scheduling, Decision Analysis, Forecasting), discuss which is most applicable to a future career in business. Justify and give specific examples or cases.
Which of the following statements regarding Gantt charts istrue?a) Gantt charts give a timeline and precedence relation-ships for each activity of a project.b) Gantt charts use the four standard spines: Methods,Materials, Manpower, and Machinery.c) Gantt charts are visual devices that show the durationof activities in a project.d) Gantt charts are expensive.e) All of the above are true.
Using the accompanying log–log graph, answer the following questions: a) What are the implications for management if it has forecast its cost on the optimum line? b) What could be causing the fluctuations above the optimum line? c) If management forecast the 10th unit on the optimum line, what was that forecast in hours? d) If management built the 10th unit as indicated by the actual line, how many hours did it take?
Explain when you think a baseline should be updated and why.
Complaints have come to the department manager regarding timeliness of requests for patient information and a decision must be made. Three months ago, Community Hospital opened a 24-hour urgent-care center 10 miles away in a rapidly growing community. Kent Jones, the health information services manager, took part in the planning that included the use of a combined record and one patient identification number. The decision was made to allow electronic sharing of patient records between the facilities; however, at present it is necessary to fax some portions of the record upon request. In the past month, Kent has received four complaints from the urgent care center that records were not faxed in a timely manner. There are 26 employees in health information services. Three full-time employees care for record activity during the day, with one employee devoted to record activity during the evening shift, when a team leader and four other employees are usually in the department. During the…
Complaints have come to the department manager regarding timeliness of requests for patient information and a decision must be made. Three months ago, Community Hospital opened a 24-hour urgent-care center 10 miles away in a rapidly growing community. Kent Jones, the health information services manager, took part in the planning that included the use of a combined record and one patient identification number. The decision was made to allow electronic sharing of patient records between the facilities; however, at present it is necessary to fax some portions of the record upon request. In the past month, Kent has received four complaints from the urgent care center that records were not faxed in a timely manner. There are 26 employees in health information services. Three full-time employees care for record activity during the day, with one employee devoted to record activity during the evening shift, when a team leader and four other employees are usually in the department. During the…
The bottom-up estimating technique encompasses the following basic steps. Choose 4 of the 5 answers 1. Estimates resources for each piece of work or work package. 2. Decomposes activities into smaller units of work. 3. It does consider the fixed cost of project activities. 4. Aggregates all estimates into a total quantity. 5. Considers work, material, and cost resources needed for each project activity.
Tabard Industries forecasted the following demand for one of its most profitable products for the next 8 weeks: 120, 120, 120, 100, 100, 100, 80, and 80 units. The booked customer orders for this product, starting in week 1 are: 100, 80, 60, 40, 10, 10, 0, and 0 units. The current on-hand inventory is 150 units, the order quantity is 200 units, and the lead time is one week.a. Develop a MPS for this product.b. The marketing department revised its forecast. Starting with week 1, the new forecasts are: 120, 120, 120, 150, 150, 150, 100, and 100 units. Assuming that the prospective MPS you developed in part (a) does not change, prepare a revised MPS record. Comment on the situation that Tabard now faces.c. Returning to the original forecasted demand level and the MPS record you developed in part (a), assume that marketing accepted a new customer order for 200 units in week 2, and thereby booked orders in week 2 is now 280 units. Assuming that the prospective MPS you developed in part (a)…
Answer all the following questions based on Table 2 (a) Feasibility studies for a project is an early study before the project begins. List and briefly explain the feasibility processes. (b) Walkers Corporation is analyzing three capital projects with expected cash flows given in the Table 2 below. Each cash flow with an estimated of five years life and four year life. Interest rate of the cash flows is 10 % per annum. The Walkers Corporation uses investment appraisal techniques which is Payback Method. Analyze the appropriate calculations under the investment techniques stated above and give reasons for your investment advice. Table 2 Year Projects / Cash Flow (RM) Delta Gamma Beta 0 (250,000) (450,000) (650,000) 1 60,000 110,000 150,000 2 60,000 130,000 150,000 3 60,000 160,000 150,000 4 60,000 190,000 150,000 5 60,000 - 150,000

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project requirement ustainability strategy