OPERATIONS MANAGEMENT (LL)-W/ACCESS
17th Edition
ISBN: 9781260037821
Author: CACHON
Publisher: MCG
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Chapter 19, Problem 7CQ
Summary Introduction
To determine: The relationship between earliest start time (EST) and earliest completion time (ECT).
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Which of the following statements is correct with respect to slack time?a. The slack time of an activity is the latest completion time of the activity minus theearliest completion time.b. The slack time of an activity is the latest start time of the activity minus the earliest start time.c. The slack time of an activity determines how long an activity can be delayed withoutimpacting the overall completion of the project.d. All of these statements are correct.
A bar chart shows the number and type of resources you need throughoutyour project is called a _______________.A. Organizational ChartB. Resource histogramC. Resource ScheduleD. Staffing Timetable
You have identified an opportunity to potentially increase the project’s value.Which of the following is an example of enhancing that opportunity?A. By taking additional actions, you increase the potential reward without reducing itsprobabilityB. By forming a partnership with another company, the project’s value will increase forboth companiesC. By taking out insurance, you can reduce potential costs to the projectD. By documenting the opportunity in the register, you can keep track of it and ensureit gets exploited
The critical path in a project is the sequence of activities that:a. has the shortest time.b. has the smallest number of activities.c. has the shortest budget.d. None of these statements is correct.
Chapter 19 Solutions
OPERATIONS MANAGEMENT (LL)-W/ACCESS
Ch. 19 - A project has four activities that take 4, 3, 6,...Ch. 19 - Consider the simple dependency matrix shown in...Ch. 19 - Consider a project with two activities that are...Ch. 19 - Prob. 4CQCh. 19 - Prob. 5CQCh. 19 - Prob. 6CQCh. 19 - Prob. 7CQCh. 19 - Prob. 8CQCh. 19 - Prob. 9CQCh. 19 - Prob. 10CQ
Ch. 19 - Consider two projects that have the same...Ch. 19 - Prob. 12CQCh. 19 - Prob. 13CQCh. 19 - Prob. 14CQCh. 19 - The key objectives of a project are given by a....Ch. 19 - Which of the following descriptions best captures...Ch. 19 - Prob. 1PACh. 19 - Prob. 2PACh. 19 - Prob. 3PACh. 19 - Prob. 4PACh. 19 - A project activity has an earliest completion time...Ch. 19 - What is the definition of the latest completion...Ch. 19 - Which of the following statements is correct with...Ch. 19 - A project consists of three tasks: A, B, and C....Ch. 19 - Prob. 9PACh. 19 - Prob. 10PACh. 19 - You manage a project with 10 activities....Ch. 19 - Which of the following activities is not part of...Ch. 19 - You have been asked by the CEO of your company to...Ch. 19 - BUILDING A HOUSE IN THREE HOURS Habitat for...Ch. 19 - BUILDING A HOUSE IN THREE HOURS Habitat for...
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- Your supervisor was told that the client would like to complete the project in 56 days. Which path in the project network has the greatest risk of running over this new deadline of 56 days? Prepare a report for Susan regarding your findings. Include your recommended strategy to finish the project in the least possible time.arrow_forwardAn email announcing the project to major stakeholders is an example of a Project Team Kickoff. Question 1 True Falsearrow_forwardAccording to the 66178 standard, it is vital that improvement projects a. incude external advisors in order to give the broadcast possible view of the project b. seek to introduce the timescales in order to optimize the time variable c. involve all members of the organization who have any links to the processarrow_forward
- In reference to the attached image: Activity times with the greatest uncertainty are activities D, E, and H. Describe conceptually how you could model this uncertainty in activity times. (You do not have the necessary data to actually do this numerically.)arrow_forwardYou are in charge of a project at the local community center. The center needs to remodel one of the rooms in time for the start of a new program. Delays in the project mean that the center must rent other space at a nearby church at additional cost. Time and cost data for your project are contained in the table. Your interest is in minimizing the cost of the project to the community center. a. Using the normal times for each activity, what is the earliest date you can complete the project? b. Suppose the variable overhead costs are $50 per day for your project. Also, suppose that the center must pay$40 per day for a temporary room on day 15 or beyond. Find the minimum-cost project schedule.arrow_forwardA project manager is concerned about rework, specifically about having to iterate ontwo activities that are on the critical path. A consultant tells the project manager not toworry, because the effect of uncertain activity times is likely to dominate the effect ofiteration. The project manager disagrees. Who is right?a. The project managerb. The consultantarrow_forward
- You are in charge of a project at the local community center. The center needs to remodel one ofthe rooms in time for the start of a new program. Delays in the project mean that the center mustrent other space at a nearby church at additional cost. Time and cost data for your project arecontained in below table. Your interest is in minimizing the cost of the project to the communitycenter.Using the normal times for each activity, what is the earliest date you can complete the project?Suppose the variable overhead costs are $50 per day for your project. Also, suppose that thecenter must pay $40 per day for a temporary room on day 15 or beyond. Find the minimum-costproject schedule using below format.The AON diagram for the community center project is below. Crash 4 times and find total cost.arrow_forwardWhen crashing a project, the general guideline is to concentrate on the path with?a. The least expensive gradientb. The most expensive gradientc. The task with the most slackd. The task with the least slackarrow_forwardWhy do you believe that timetable conflicts are the most common source of conflict on projects? What is it about project management software that makes it tough to utilise effectively? Discuss three additional proposals for increasing the quality of IT projects that were not included in Chapter 8.arrow_forward
- your supervisor has just informed you that the deadline for completing your team’s goal has been moved up by two weeks. How many people are on your team? What are their roles? What are their skill sets? How can these be rearranged to meet the new requirements? Are there enough human resources to complete the project two weeks earlier? If not, how can you increase the team’s capacity? Are there aspects of the project that can be condensed or skipped? What are the implications of skipping or condensing tasks? Are there costs to be considered with these changes? How can you leverage what you’ve learned about solving problems in teams to meet the new project requirements? How do you intend to communicate the new requirements to the team in order to gain their buy-in?arrow_forwardIf Task B is delayed by 2 days, which of the following task will be directly impacted? Task Duration Predecessor A 3 days - B 5 days A C 4 days B D 2 days B E 1 day C, D F 1 day E a. Task F b. Task C c. None of the above. d. Task E e. Task Darrow_forwardYou are in charge of a project. Your team has determined that there are 7 activities to be completed. Here are the activities, the time to complete the activity and the immediate predecessor of the activity. Using this data 1) construct a Gantt Chart, 2) determine the time it will take to complete the project, 3) You are monitoring the progress of this project and discover that activity C is in danger of taking longer than planned due to funding issues. What options do you have to get the project back on track? Activity Time Immediate Predecessor A 10 Weeks None B 6 Weeks A C 7 Weeks A D 6 Weeks B E 8 Weeks C F 3 Weeks D G 4 Weeks Farrow_forward
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