Target Completion method b. critical path method c. create 2 ways of network diagram d.conclusion
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Q: Target Completion B. Critical Path Method C. Create 2 ways of network Diagram D. Conclusion
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your final answer must include the following
a. Target Completion method
b. critical path method
c. create 2 ways of network diagram d.conclusion
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- 2. Joe and Noël have just gotten engaged. As they are both business students, they thought they'd try to plan their wedding preparation as a project. Here's the WBS they've determined is necessary for a simple but elegant wedding. Assume all durations are deterministic. Although perhaps not realistic to real wedding planning, by using the standard calendar in Project Libre (use default working days in software). Task ID Task Name Duration Predecessor 1 Begin Wedding Planning (milestone) 0 days --- 2 Select Site&Date 3 wks 1 3 Hire Officiant 1 wk 2 4 Hire Caterers 2 wks 1 5 Pick Menu 4 days 4 6 Order Invitations 2 wks 2,5 7 Sent Invitations to Guests 1 wk 6 8 Collect RSVPs 6 wks 7 9 Tell Caterer headcount & Order food 1 wk 8 10 Shop for Wedding Gown 4 wks 1 11 Select Bridesmaids Dresses 4 wks 10 12 Bride goes on Diet 6 wks 10 13 Get Wedding Gown altered 2 wks 12 14 Get Bridemaids' Dresses altered 4 wks 11 15 Order Flowers 2 wks 11 16…Dave is the project manager for a construction project that is building agazebo. When the project first started, he met with the stakeholders to definethe scope. The sponsors mentioned that the gazebo is a really important partof their daughter’s wedding ceremony that was planned for 7 months fromthen. In fact, they said that if the gazebo couldn’t be completed in 7 months, itwouldn’t be worth it for them to even start the project. Dave wrote down the7-month deadline to put in his Project Scope Statement. In which section ofthe document did the deadline appear?”A. Project ConstraintsB. Project DeliverablesC. Project ObjectivesD. Project Assumptions Which of the following is a “hygiene factor” under Herzberg’s Motivation-Hygiene Theory?A. Recognition for excellent workB. Self-actualizationC. Clean clothingD. Good relations with coworkers and managers1.What is the point at which an owner can begin to occupy a building or use it for its intended purpose? At the end of the warranty period After final completion When the payment bond is terminated After substantial completion 2.What is used to determine periodic payment amounts on unit price contracts? Submitted invoices, receipts, and timesheets plus the contractor's fee. A fixed, monthly installment negotiated at the start of the project. Schedule of Values and percentage completion on each pay item Unit prices originally bid and quantities measured.
- You are the project manager of the software installationproject in Table 7.12. You would like to find the minimum-costschedule for your project. There is a $1,000-per-week penaltyfor each week the project is delayed beyond week 25. In addi-tion, your project team determined that indirect project costsare $2,500 per week.a. What would be your target completion week?b. How much would you save in total project costs with yourschedule?What are the types of project risk that may occur while implementing ERP project in a company?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…
- Q.1.2 Using a suitable example each, describe what the following project planning process activities involve: a. Establish project objective; b. Define scope; c. Create a Work Breakdown Structure (WBS); d. Estimate activity durations; e. Sequencing activities.Q1. Using a suitable example each, describe what the following project planningprocess activities involve:a. Establish project objective;b. Define scope;c. Create a Work Breakdown Structure (WBS);d. Estimate activity durations;e. Sequencing activities.Q1.Activity Precedence DurationA 10B A 4C A, B 3D C 5E D 6F B, E 7Draw PDM of the above and calculate the Total and free floatQ2. What is Fast Tracking and crashingQ3. Being a PM you plan 10k for first two months for activity A, and 30K for B.For second month only activity B is planplan cost is 60K, and thrid month plan cost for Activity D is , 35k.If reporting month is 2nd month and we have spend 100k, then;(i) What is the total Budeget at completion ?(ii) What is the Earned Value?(iii) and Calculate the SPI and CPI for the above
- Job Costing Johnson Inc. is a job-order manufacturing company that uses a predetermined overhead ratebased on direct labor hours to apply overhead to individual jobs. For the current year, estimated direct laborhours are 95,000 and estimated factory overhead is $617,500. The following information is for Septemberof the current year. Job A was completed during September, and Job B was started but not finished.[LO 4-3, 4-4, 4-5]September 1, InventoriesMaterials Inventory $ 7,500Work-in-Process Inventory (All Job A) 31,200Finished Goods Inventory 67,000Material purchases 104,000Direct materials requisitionedJob A 65,000Job B 33,500Direct labor hoursJob A 4,200Job B 3,500Labor costs incurredDirect labor ($8.50/hour) 65,450Indirect labor 13,500Supervisory salaries 6,000Rental costsFactory 7,000Administrative offices 1,800Total equipment depreciation costsFactory 7,500Administrative offices 1,600Indirect materials used 12,000Required1. What is the total cost of Job A?2. What is the total…The Advanced Tech Company has a project to design an integrated information databasefor a major bank. Data for the project are given in Table Q2 below. Indirect project costsamount to $300 per day. The company will incur a $150 per day penalty for each day theproject lasts beyond day 14.(a)What is the shortest time duration and cost for this project?B)What is the total cost and time of the minimum-cost schedule?At a local university, the Student Commission on Programming and Entertainment (SCOPE) is preparing to host its first rock concert of the school year. To successfully produce this rock concert, SCOPE has listed the requisite activities and related information in the following table (duration estimates measured in days). Immediate Most Activity Predecessor(s) Optimistic Probable Pessimistic A: Negotiate contract with - 10 11 12 selected musicians B: Reserve site - 8 10 12 C: Manage travel logistics A 2 7 9 for music group D: Screen & hire B 4 5 6 security personnel E: Arrange advertising C 7 7 7 & ticketing F: Hire parking staff A, D 8 9 16 G: Arrange concession sales E 6 7 11