Operations Management (McGraw-Hill Series in Operations and Decision Sciences)
12th Edition
ISBN: 9780078024108
Author: William J Stevenson
Publisher: McGraw-Hill Education
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Textbook Question
Chapter 17, Problem 11DRQ
Why might a person wish to be involved with a critical path activity? What are some of the reasons one might have for not wanting this association?
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Chapter 17 Solutions
Operations Management (McGraw-Hill Series in Operations and Decision Sciences)
Ch. 17 - A project manager may need two skill setsthose of...Ch. 17 - Explain the term project champion and list some...Ch. 17 - List the steps in risk management.Ch. 17 - Give some examples of ethical issues that may...Ch. 17 - What are the key advantages of using project...Ch. 17 - What is a work breakdown structure, and how is it...Ch. 17 - Identify the term being described for each of the...Ch. 17 - List the main advantages of PERT. List the main...Ch. 17 - Why might a probabilistic estimate of a projects...Ch. 17 - Define each of these terms, and indicate how each...
Ch. 17 - Why might a person wish to be involved with a...Ch. 17 - Prob. 12DRQCh. 17 - What are some aspects of the project managers job...Ch. 17 - What is the main benefit of a project organization...Ch. 17 - What trade-offs are associated with time and cost...Ch. 17 - Who needs to be involved in assessing the cost of...Ch. 17 - Prob. 3TSCh. 17 - Project management techniques have been used...Ch. 17 - Give three examples of unethical conduct involving...Ch. 17 - For each of the following network diagrams,...Ch. 17 - Chris received new word processing software for...Ch. 17 - Prepare a Gantt chart for each of the following in...Ch. 17 - a. Develop a list of activities and their...Ch. 17 - For each of the problems listed, determine the...Ch. 17 - PRINTED BY: 92248ddb24ccbc6@placeholder.10274.edu....Ch. 17 - Three recent college graduates have formed a...Ch. 17 - The new director of special events at a large...Ch. 17 - PRINTED BY: 92248ddb24ccbc6@placeholder.10274.edu....Ch. 17 - The project described in the following table is...Ch. 17 - The following precedence diagram reflects three...Ch. 17 - A project manager has compiled a list of major...Ch. 17 - Here is a list of activity times for a project as...Ch. 17 - The project manager of a task force planning the...Ch. 17 - PRINTED BY: 92248ddb24ccbc6@placeholder.10274.edu....Ch. 17 - Chucks Custom Boats (CCB) builds luxury yachts to...Ch. 17 - Prob. 17PCh. 17 - Create a risk matrix in the style of Figure 17.13...Ch. 17 - Create a risk matrix for this project: Explain...Ch. 17 - CASE: The Case of the Mexican crazy quilt 1. The...Ch. 17 - CASE: The Case of the Mexican crazy quilt 2. The...Ch. 17 - CASE: The Case of the Mexican crazy quilt 3. The...Ch. 17 - CASE: The Case of the Mexican crazy quilt 4. The...Ch. 17 - CASE: The Case of the Mexican crazy quilt 5. The...Ch. 17 - B. Smitty Smith is a project manager for a large...
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- Is project management is important in community development?arrow_forwardDiscuss the four options a project organization has when it comes to dealing with/mitigating risk in a given situation.arrow_forwardwrite a short note on Stakeholder analysis in project implementation and control of the below topic Who are stakeholders? and identifying the key stakeholdersarrow_forward
- It is essential for project managers to have a solid understanding of the four strategies available to them for mitigating risk.arrow_forwardDiscuss the four possible alternatives a project organization can adopt in deciding how to address or mitigate riskarrow_forwardChoose 10 dangers that are connected to the management of IT projects.What is project risk management, and what are the necessary measures, and what are they?arrow_forward
- Following mini-case scenarios involve ethical dilemmas associated with projectmanagement. How would you respond to each situation, and why? Gold Star LAN projectYou work for a large consulting firm and were assigned to the Gold Star LAN project. Work on the projectis nearly completed and your clients at Gold Star appear to be pleased with your performance. Duringthe course of the project, changes in the original scope had to be made to accommodate specific needsof managers at Gold Star. The costs of these changes were documented as well as overhead andsubmitted to the centralized accounting department. They processed the information and submitted achange order bill for your signature. You are surprised to see the bill is 10 percent higher than what yousubmitted. You contact Jim Messina in the accounting office and ask if a mistake has been made. Hecurtly replies that no mistake was made and that management adjusted the bill. He recommends that yousign the document. You talk to another…arrow_forwardDiscuss what criteria are applied in an organization to decide whether or not to proceed with a project and what role having a clear understanding of the scope of the project had in its success or failure.arrow_forwardTony and his team identified some risks during the first month of the Recreation and Wellness Intranet Project. However, all they did was document the risks in a list. They never ranked the risks or developed any response strategies. Because the project has had several problems, such as key team members leaving the company, users being uncooperative, and team members not providing good status information, Tony has decided to be more proactive in managing risks. He also wants to address positive risks as well as negative risks. 1. Create a risk register for the project. Identify six potential risks, including risks related to the problems described in the previous paragraph. Include negative and positive risks. 2. Plot the six risks on a probability/impact matrix. Also assign a numeric value for the probability and impact of each risk on meeting the main project objective. Use a scale of 1 to 10 in assigning the values, with 1 representing the lowest values. For a simple risk factor…arrow_forward
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