1 Q2, A project network diagram with activities and their durations (days) is given below.D6AH10Start12Finish38BG512E11Which of the following is the slack time ofactivity E?а) оb) 5c) 6d) 3e) None of the aboveShow your work

In assembly line balancing, each task is assigned to a workstation in order to meet the specified…

Answered: Q2,A project network diagram with…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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A project consists of five activities Optimistic Most Probable Pessimistic Activity Predecessor Time (hr) Time (hr) Time (hr) Floor sanding - 3 4 5 Floor buffing FL sanding 1 2 3 Paint Ceiling Paint mixing - 0.5 1 1.5 Paint Wall Paint Mix 1 2 9 Paint Ceiling Paint Mix 1 5.5 7 What is the Std Deviation of the Critical Path?
Problem 3: Kelly Melford Kelly Melford and her team are working on redesigning a client's home. The client requested Kelly for the project to be completed sooner. Kelly asked her assistant to collect information from her team on the project. Her assistant organized the information she got into a table. The information is given in weeks. Based on the information below, prepare a comprehensive report that includes the following: 3. Your insights on the cost-time trade-off for this project. 4. Your recommended strategy for crashing the project.
Consider the following activity description with associated cost data shown in Table 1. The cost data represents the total cost and should be considered linear with time. Table 1: Crash Cost Table Activity Immediate Predecessor Normal Duration (days) Normal Cost ($) Crash Duration (days) Crash Cost ($) A --- 5 50 3 150 B --- 4 40 2 200 C B 7 70 5 250 D A, C 2 20 1 50 E A, C 5 125 1 525 F B 10 80 7 290 G D 7 50 3 250 H E, F 6 60 3 180 Reduce the project duration to minimum duration and calculate the cost. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
please help, project management 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?
please help, project management 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 references.
For conducting a project seven activities should be performed but maximum availablemanpower is 17. Task duration and manpower requirement is given below. Project managersaid, “It is possible to complete the project without leveling the manpower". Evaluate thestatement of the PM. (Justified or Not-Justified)
You lead a family day project for welcoming the arrival of the new students to the campus. The accompanying Table 1 shows the activities, times and sequences required for the project planning and monitoring. Table 1 Activities Immediate Predecessors Time (In Days) A -- 9 B A 5 C A 9 D B,C 6 E B, C 7 F D 10 G E 12 H F,G 8 Based on the Table 1, using Critical Path Method (CPM) diagram, determine the ES, EF, LS & LF, identify the critical activities, critical path and the expected project completion time.
M2: prepare and update a project management plan, using standard systems of time and resource tracking. can the answer for above question include a Gantt chart of a construction project please?
Given the following table, construct a network diagram, either AOA or AON. Times are in days.a. Determine the expected duration of the project.b. Compute the probability that the project will take at least 18 days.Path Activity Time EstimatesA 4-5-6Top B 7-8-10C 3-5-9D 7-8-11Bottom E 2-3-4F 1-4-6
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.
A student has been put in charge of a new garden design. The new design will involve five different activities. Per project management guideline, activities “a” and “b” start on day 0. Draw the network diagram. Calculate ES/EF/LS/LF and Slack for all activities. Activity A: Immediate Predecessprs (-) Duration days (3) Activity B: Immediate Predecessprs (-) Duration days(5) Activity C: Immediate Predecessprs (a) Duration days(3) Activity D: Immediate Predecessprs (b) Duration days(7) Activity E: Immediate Predecessprs (C,D) Duration days(3)
In reference to the attached image and data below: What are the final recommendations? Step A we know: Critical Path = A, B, H, I, J; Project Time = 40 Weeks; Total Cost = 364,000 Step B we know: To crash the critical path I would crash A by 1 week, B by 2 week, H by 2 week and C by 3 week. This would not alter the critical path, only the time line. Steps C we know: Modeling uncertainty in activity times. In this case I would use the activity times and determine the Variances and the Standard Deviation. Using “best case” (x) and “worst case” (y) scenarios for activity times the formula’s would be (x-y)/6 and (x-y)^2/36.

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Q2,A project network diagram with activities and their durations (days) is given below. A H 2 10 Start 12 Finish 8 12 E 11 Which of the following is the slack time of activity E? a) О b) 5 c) 6 d) 3 e) None of the above Show your work