Please do not write responses it is too hard to understand Question 4You are provided with the following information for a project, with activity durations given indays:ACTIVITYABсDEFGHIJMIMMEDIATEPREDECESSOR---A, BB, CUсE, FDE, G, HG, I, FHOPTIMISTICTIME (a)3N65347210128MOST LIKELY PESSIMISTICTIME (m)TIME (b)54876510313151187119106124161714d) i) What is the probability that the project would be completed within 50 days?ii) What is the probability that the project would be completed within 54 days?

Question 4 You are provided with the following information for a project, with activity durations given in days: ACTIVITY A B U с D E F G H I J K IMMEDIATE PREDECESSOR A, B B, C с E, F O E, G, H G, I, F H OPTIMISTIC TIME (a) 3 2 150 6 5 3 4 7 2 10 12 8 00 MOST LIKELY PESSIMISTIC TIME (m) TIME (b) 5 8 7 6 5 10 3 13 15 11 8 7 11 9 10 6 12 4 16 17 14 d) i) What is the probability that the project would be completed within 50 days? ii) What is the probability that the project would be completed within 54 days?

Question 4 You are provided with the following information for a project, with activity durations given in days: ACTIVITY A B U с D E F G H I J K IMMEDIATE PREDECESSOR A, B B, C с E, F O E, G, H G, I, F H OPTIMISTIC TIME (a) 3 2 150 6 5 3 4 7 2 10 12 8 00 MOST LIKELY PESSIMISTIC TIME (m) TIME (b) 5 8 7 6 5 10 3 13 15 11 8 7 11 9 10 6 12 4 16 17 14 d) i) What is the probability that the project would be completed within 50 days? ii) What is the probability that the project would be completed within 54 days?

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...

See similar textbooks

Similar questions

QUESTION 1 The following information is available for a large fundraising project. Activity Activity Time (days) Activity Cost ($) Immediate Predecessor(s) A 3 100 -- B 4 150 -- C 2 125 A D 5 175 B E 3 150 B F 4 200 C, D G 6 75 C H 2 50 C, D, E I 1 100 E J 4 75 D, E K 3 150 F, G L 3 150 G, H, I M 2 100 I, J N 4 175 K, M O 1 200 H, M P 5 150 N, L, 0 Determine the critical path and the expected completion time of the project. Plot the total project cost, starting from Day1 to the expected completion date of the project, assuming the earliest start times for each activity. Compare the result to a similar plot for the latest start times. What implication does the time differential have for cash flows and project scheduling?
Question 44 Given the activities, time estimates and dependency relationships: Duration (days) Activity Predecessor Optimistic Most Likely Pessimistic A *** 3 5 13 B *** 4 7 10 C A 5 7 15 D B 8 9 22 What is the probability that this project will be completed within 22 days? Group of answer choices 0.4418 0.8413 0.9429 0.9544
Question 5transaction processing system is an ICT project being undertaken to enhance organizational performance. the following as a Project Manager:a) How would the project manager identify the project scope and organize your work breakdown structure? b) How would the project manager make use of the Gantt-Chart to facilitate your project delivery? c) How would the project manager make use of critical path analysis to identify the project critical activities
QUESTION ONE (1) a. What is a project? b. How is a project different from what most people do in their day-to-day jobs? c. List at least TWO (2) name of the popular certifications provided by the Project Management Institute? d. Discuss the at least TWO (2) relationships between projects and programs.
QUESTION 1a. The following Table 1 (below) contains a list of activities, with precedence requirements andcrash costs for a project that is to be completed by Present Technologies Limited (PTL).Table 1Activity PredecessorActivityorActivitiesNormalTime(days)CrashTime (days)Normal Cost ($)Crash Cost ($)A __ 2 1 1,000 2,000B __ 7 4 800 4,300C __ 5 3 2.000 7,000D B, C 4 3 1.500 2,750E A 6 2 1.250 15,250F B, E 7 2 2,500 10,000G D 6 3 2,000 8,000H F, G 3 1 4,000 10,000 (ii) You are PTL’s Project Manager for this project and you have been asked to reduce theproject completion time by three (3) days. Assume a linear cost per week shortened, and showstep by step, how you arrived at your answer? Please assist me in answering this question above.
QUESTION 1a. The following Table 1 (below) contains a list of activities, with precedence requirements andcrash costs for a project that is to be completed by Present Technologies Limited (PTL).Table 1Activity PredecessorActivityorActivitiesNormalTime(days)CrashTime (days)Normal Cost ($)Crash Cost ($)A __ 2 1 1,000 2,000B __ 7 4 800 4,300C __ 5 3 2.000 7,000D B, C 4 3 1.500 2,750E A 6 2 1.250 15,250F B, E 7 2 2,500 10,000G D 6 3 2,000 8,000H F, G 3 1 4,000 10,000 (iii) Prepare a Project Completion Schedule, which includes the incremental cost and thetotal cost of crashing? Please answer this question above.
QUESTION 1 Your organization has signed a new project contract to install 12 electric generators. The Budget of the project is $120,000 ($10K per electric generator). The duration of the project is 12 weeks (1 electric generator per week). First scenario: At week 2: •3 electric generators installed. •$28,000 spent to date. Second scenario: At week 6: •5 electric generators installed. •$57,500 spent to date. According to the above scenarios, how are you going to answer the following questions? 1.Are you ahead or behind schedule? 2.How efficiently are you using your project’s time? 3.When is this project likely to be completed? 4.Are you currently under or over budget? 5.How efficiently are you using your resources? 6.What is the remaining work likely to cost? 7.What is the entire project likely to cost? 8.How much will you be under or over budget at the end?
QUESTION 44 Projects with very general scope definitions are at risk of expanding gradually, without specific authorization, in a process called _____. a. project drift b. project dilation c. project expansion d. project creep QUESTION 47 Which is an example of an intangible benefit? a. A user-friendly system that improves employee job satisfaction b. A new scheduling system that reduces overtime c. An online package tracking system that improves service and decreases the need for clerical staff d. A sophisticated inventory control system that cuts excess inventory QUESTION 50 _____ is a full-featured program that holds the dominant share of the project management software market. a. Gantter b. Microsoft Project c. Apptivo d. GanttProject
activity predecessor optimistic time(days) Most likely time(days) Pessimistic time(days) A - 4 8 24 B - 3 10 11 C - 6 12 24 D A,B 9 14 25 Ee B,C 11 16 27 F D,E 13 15 35 G F 5 9 19 identify the paths and show critical path
question 1 Avihe just got promoted as a Junior Manager. He has six (6) subordinates under his care. Recently, Avihe received a project from his Senior Manager, Brian, to run a charity programme. Task: By using the most basic principles in management, (e.g., the function of management, etc.), advise Avihe how he can run this charity programme efficiently and effectively. Briefly explain to Avihe the possible managerial roles that he needs to play in the project?
Question 2 Problem Statement: Project Control and Monitoring You are working on a manufacturing project having a budget of PKR 3,600,000 and expected time of its completion is one year. There is an ideal condition that your budget and work are evenly spread across the duration of the project that is twelve month. At the end of forth month, the senior management has called a meeting and invited all the stakeholders to brief about the status of the project. You being the PM of this project is giving the presentation to all the attendees and informed that project is on schedule and PKR 1,800,000 have already been spent on the project. Required: Calculate Cost and Schedule Variance What is SPI and CPI of the project? Estimate at completion and Estimated time to complete?
Question 1. Explain in sufficient detail, the influences of organization structure on project manager authority and freedom.