please answer in 30 minutes. You have committed to migrating your softwareplatform from a server based to a cloud basedproduct and also update to the latest version of theproduct. The total cost of the project is $45,000 andit is supposed to be completed in five months. Aftertwo months, you find you have paid $20,000. Thesoftware company only bills for work performed, butcharges a minimum of $8,000 a month. What is theschedule performance index?UseUse up to two decimal points.

Given, the total cost of the project: Project completion time: monthsAmount paid after months: The…

Answered: You have committed to migrating your…

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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Project # SR 55H has finished 13 months of a 24 month planned schedule. You are given the metrics below: What is the project status? Budget for the program = $55,000; EV (cumulative) = $27,500; AC (cumulative) = $25,225 a. There appear to be no problems, the project could finish slightly under plan. b. The project is behind schedule, but will finish on time if they are about 12.5% more efficient. c. The Project now is ahead of plan, but might have a problem in finishing on time. d. The Project is in trouble and the team needs to be about 9% more efficient to finish on original plan. e. You cannot tell based on the metrics above. f. You have no idea what to say; they asked the wrong person.
Please Answer the following questions:- How does earned value give a clearer picture of project schedule and cost status than a simple plan versus actual system?- Schedule variance (SV) is in dollars and does not directly represent time. Why is it still useful?- In month 9 the following project information is available: actual cost is $2,000, earned value is $2,100, and planned cost is $2,400. Compute the SV and CV for the project.- On day 51 a project has an earned value of $600, an actual cost of $650, and a planned cost of $560. Compute the SV, CV, and CPI for the project. What is your assessment of the project on day 51?
In the space provided below create the network diagram that shows the relationship (logic) of project activities shown below and then number each event. 1. In a given project activities "A, B and C are initial activities that may begin at the same time 2. -----"D" cannot begin until "A" is complete. 3. ----- "B" must be complete before E can begin. 4. ----- "F" cannot start until "C" is finished. 5. ----- "G" cannot begin until "B" is finished. 6. ----- "G" and "D" must be done before "H" can begin. 7. ----- "I" cannot begin until "B" is finished. 8. ----- "J" can begin only after "F" and "I" are complete. 9. ----- Once "E" is complete, "K" can begin. 10. ---- The project will be finished when "H" "J" and "K" are complete.
Your project to obtain charitable donations is now 30 days into a planned 40-dayproject. The project is divided into 3 activities. The i rst activity is designed to solicitindividual donations. It is scheduled to run the i rst 25 days of the project and to bring in $25,000. Even though we are 30 days into the project, we still see that we have only 90 percent of this activity complete. The second activity relates to company donations and is scheduled to run for 30 days starting on day 5 and extending through day 35. We estimate that, even though we should have 83 percent (25y30) of this activity complete, it is actually only 50 percent complete. This part of the project was scheduled to bring in $150,000 in donations. The i nal activity is for matching funds. This activity is scheduled to run the last 10 days of the project and has not started. It is scheduled to bring in an additional $50,000. So far $175,000 has actually been brought in on the project. Calculate the schedule…
Your company has just received an order from a good customer for a specially designed electric motor. The contract states that, starting on the 13th day from now, your firm will experience a penalty of $100 per day until the job is completed. Indirect project costs amount to $200 per day. The data on direct costs and activity precedence relationships are given in Table. Electric Motor Project Data Activity Normal Time(days) Normal Cost ($) Crash Time (days) Crash Cost ($) ImmediatePredecessor(s) A B C D E F G H 4 7 5 6 3 11 4 3 1000 1400 2000 1200 900 2500 800 300 3 4 4 5 2 6 3 1 1300 1200 2700 1400 1100 3750 1450 500 None None None A B C D,E F,G a. Draw the project network diagram.b. What completion date would you recommend?
Project C is a small (about GHS 2 million in value) but complex project that has as its purpose the development of a new computer-basedmanagement system and is highly complex in nature. It has a number of small interrelated sub-systems that are mutually dependent and does not have a well-defined direction. It is currently about 40 per cent complete. This project is being developed by staff of your organization, with the assistance of specialist contractors as required. Differences between the development staff and organizational management about the direction that the project should take threaten, however, to impact on its successful delivery. Similarly, requests by organizational management for scope change are numerous, and change control procedures are poor. To date, the project manager has successfully managed to manage requests. This may not always be the case. If the new system achieves its desired goals, the organization would be expected to achieve considerable productivity…
Consider the following network for conducting a two-week (10 working days) computer training class: please refer to the picture I uploaded Find the crash cost per day. Which activities should be crashed to meet a project deadline of 10 days with a minimum cost? Assume partial crashing. Find the new cost. Is partial crashing an appropriate assumption in this kind of project?
You may need to use the appropriate technology to answer this question. Mueller & Associates is a urban planning firm that is designing a new public park in an Omaha suburb. Coordination of the architect and subcontractors will require a major effort to meet the 43-week completion date requested by the owner. The Mueller project manager prepared the following project network. A project network with 10 activities and 14 directed arcs is shown. Activity Start is connected to activity A. Activity A is connected to activity B, to activity C, and to activity D. Activity B is connected to activity F. Activity C is connected to activity E and to activity F. Activity D is connected to activity E. Activity E is connected to activity G and to activity Finish. Activity F is connected to activity G and to activity H. Activity G is connected to activity H. Activity H is connected to activity Finish. Activity Finish has no arcs directed to other activities. Estimates of the optimistic, most…
You may need to use the appropriate technology to answer this question. Mueller & Associates is a urban planning firm that is designing a new public park in an Omaha suburb. Coordination of the architect and subcontractors will require a major effort to meet the 43-week completion date requested by the owner. The Mueller project manager prepared the following project network. A project network with 10 activities and 14 directed arcs is shown. Activity Start is connected to activity A. Activity A is connected to activity B, to activity C, and to activity D. Activity B is connected to activity F. Activity C is connected to activity E and to activity F. Activity D is connected to activity E. Activity E is connected to activity G and to activity Finish. Activity F is connected to activity G and to activity H. Activity G is connected to activity H. Activity H is connected to activity Finish. Activity Finish has no arcs directed to other activities. Estimates of the optimistic, most…
Use the following project status information to calculate each of the requested EVM numbers below (a-i).The project status is reported at the end of week 13. Task Budget Cost Budget Duration Status as of Week 13 A $5,000 2 Weeks 100 percent complete $5,000B $8,500 3 Weeks 100 percent complete $9,000C $15,000 4 Weeks 75 percent complete $14,000D $10,000 4 Weeks 50 percent complete $9,000 E $12,000 4 Weeks Not startedF $15,000 5 Weeks Not started a. Planned Valuedb. Actual costc. Cost varianced. Schedule variancee. Cost performance indexf. Schedule performance indexg. Budget at completionh. Estimation to completei. Estimation at completion
You own a software development company that has been hired to build an online classified ads website (refer to Craigslist.com as an example). Managing Systems Projects Review “What Is a Project Triangle?” . Consider the scenario outlined above, and in your own words: provide a hypothetical example of changes in cost impacting scope & time. provide a hypothetical example of changes in scope impacting time & cost. Provide a hypothetical example of changes in time impacting cost & scope. Identify and list ten different information systems tasks that will need to be completed for this project. Estimate the duration for each of these tasks (in days). Identify any task dependencies. Create a Gantt chart that represents these project tasks, durations, and dependencies. Illustrate the critical path in your Gantt chart. Explain why the critical path is important to project managers and how they use it.
My project is to build the Army's new ACFT test. This project will take two years to complete. Initial Investment will be 75,000. The start date is 8 November 2023. The PT test would consist of running 6 lanes and then a two mile run . We would have to obtain all the equipment before transferring over but we also need a testing phase. After testing phase we need PT graders then implement of the new PT test. Part 1: Project Scope Create a Project Scope for your project. You can follow the examples in your textbook. For this project the following items are necessary in the Scope Statement: · Project Objective · Project Deliverables · List several milestones · Technical Requirements · Project Constraints or Limits · Ethical and Social Responsibility considerations · Customer review (The name of your Instructor) Part 2: WBS Next create the Work Breakdown Structure (WBS) for your project. You will need to have at least 20 tasks. You should break the work down to a level…

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