The original duration is 16 weeks. A+D+G B+E+G C+f www 14 16 7 Activity A B C D E F G Normal Cost Crashed Cost $1,000 $3,200 $2,160 $2,500 $1,300 $2,800 $2,000 $2,600 $1,650 $2,250 $4,000 $5,180 $1,600 $2,050 What is the total cost of crashing the project from its original duration to 11 weeks? Normal Time (weeks) 3 6 3 7 6 4 4 Crashed Time (weeks) 2 5 2 3 3 2 2 Predecessor(s) - A B C D, E

The original duration is 16 weeks. A+D+G B+E+G C+f www 14 16 7 Activity A B C D E F G Normal Cost Crashed Cost $1,000 $3,200 $2,160 $2,500 $1,300 $2,800 $2,000 $2,600 $1,650 $2,250 $4,000 $5,180 $1,600 $2,050 What is the total cost of crashing the project from its original duration to 11 weeks? Normal Time (weeks) 3 6 3 7 6 4 4 Crashed Time (weeks) 2 5 2 3 3 2 2 Predecessor(s) - A B C D, E

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

You are managing a project where you work with 7 other team membersand two sponsors. How many lines of communications are there betweenstakeholders on this project?A. 21B. 36C. 54D. 45 Joe is an excellent programmer. He was promoted to a role of ProjectManager because he understands technology better than anyone else in thecompany. Unfortunately, he is having trouble doing the project managementjob and his projects are failing. What is this an example of?A. Halo effectB. Gold platingC. Pre-assignmentD. Ground rules
What happens as you increase the number of people working on a project from three to six?a. The project will get done twice as quickly.b. The communication requirements for the project double.c. The project might or might not be accelerated.d. The communication requirements for the project increase by far more than 2x.e. The project will get done twice as quickly and the communication requirements for theproject double.f. The project might or might not be accelerated and the communication requirementsfor the project increase by far more than 2x.
Mary is a project manager at a consulting company. The company regularlybuilds teams to create products for clients. When the product is delivered,the team is dissolved and assigned to other projects. What kind oforganization is she working for?A. ProjectizedB. Weak matrixC. FunctionalD. Strong Matrix An important part of performing stakeholder analysis is documentingquantifiable expectations. Which of the following expectations isquantifiable?A. The project must improve customer satisfactionB. The project should be higher qualityC. The project must yield a 15% reduction in part costD. All stakeholders needs must be satisfied
1) what is the Importance of problem formulationProblem definition & project objectives2. what are the steps in data science (analytics) problem solving approachExplain basic steps & important aspects
There are 11 project selection methods which are: Benefit measurement methodsBenefit/cost ratioEconomic modelScoring modelPayback periodNet present valueDiscounted cash flowInternal rate of returnOpportunity costConstrained optimization methodsNon-financial considerations. Which one of these techniques or methods are used in construction projects for the benefit of citizens?
Part I. True/False Questions. (1) ______ A linear PMLC model consists of a number of dependent phases that are executed in a sequential order with no feedback loops. (2) _____ The purpose of the planning process group is to develop and gain approval of a general statement of the goal and business value of the project. (3) ______ Estimating the total cost of the work belongs to the launching process group. (4)_______Excellent time management in project management requires the planning, scheduling, monitoring and controlling of all project activities. (5) _______Databases belong to the electronic communications management. (6) _______A requirement is a desired end-state whose successful integration into the solution meets more than one needs and delivers specific, measurable, and incremental business value to the organization. (7) _______Functional requirements specify what the product or service must do. (8) _____The work breakdown structure is a hierarchical description…
To compute the breakeven point using the contribution margin, we get the ratio of: 1.Total variable expenses and Contribution margin per unit 2.Total fixed expenses and Total contribution margin 3.Total variable expenses and Total Contribution margin 4.Total fixed expenses and Contribution margin per unit
Create a risk matrix for this project:Event Cost ($000) ProbabilityEquipment breakdown 40 .20Vendor is late with key segment 200 .60Subcontractor has labor issues 140 .30Weather problems 15 UnknownFunding delays 50 .40 to .60Testing delays 20 .40Explain your reasoning for your placement of the events Weather problems and Funding delays.
9. Dana is 30 years old and owns a wedding planning business. She takes care of all wedding events details from arranging flowers, tables, theme to catering food to a high standard. She has a good reputation in the market. Recently, she discovered another food catering company with wider varieties and lower prices that her customers will love to have. Thus, she decided to write a negative letter to the current catering company to inform them about terminating their business together. Dana has to plan her negative letter very carefully and to explain the needs of her customers: * A.to avoid responsibility for the message B.to improve future performance on the part of the sender C.to avoid adding a personal message to the recipient D.to gain control of the context of the message E.to minimize damage to the business relationship
What is educational about the article Wall Street Journal The Secret Oil-Trading Ring That Funds Russia’s War by by Joe Wallace? What is interesting about the article Wall Street Journal The Secret Oil-Trading Ring That Funds Russia’s War by by Joe Wallace? What is insightful about the article Wall Street Journal The Secret Oil-Trading Ring That Funds Russia’s War by by Joe Wallace? Article Link: The Secret Oil-Trading Ring That Funds Russia’s War -
Video: https://youtu.be/VI0Qh_VpIEw Phill AlzinwaleTitle: Earned Value Management Basics1. What are the three basic questions to ask regarding the budget and earned value?2. What are formulas for earned value management?3. What is the criteria to determine if the cost or schedule variance is over budget or underbudget and over schedule or under schedule?4. How much work will be done? represents the work was _________ for the project and isthe ______________.5. How much work was done? represents the amount of work that was ____________ andis the _______________.6. How much was spent on work done represents what was __________ spent and is the__________.
PM.348.WC1 Project Risk Management PLS. ANSWER THIS ;( INSTRUCTIONS CreateEEE AAAAa “starter” risk register using EXCEL for the two projects (A and ? described below. Include at least 6 risks for project A and at least 8 risks for project B. Project A Description Building a garden shed. This includes the design of the shed, sourcing all the materials required for construction, and putting all of the various pieces together to get the finished shed. Outcome A finished garden shed. Proposed Tasks There are going to be certain tasks that depend on others. You’re going to need to: • Get a set of blueprints for the shed and clear and prepare the area for construction • Source all of the materials for the construction • Prepare the foundation and start constructing the beams of the floor • Lay the floorboards • Construct the frames of the walls and raise and fit each of them • Frame the roof and attach the roofing • Fit in all the siding for the walls • Fit in the windows and the doors…