Concept explainers
Development of Version 2.0 of a particular accounting software product is being considered by Jose Noguera’s technology firm in Baton Rouge. The activities necessary for the completion of this project are listed in the following table:
a) What is the project completion date?
b) What is the total cost required for completing this project on normal time?
c) If you wish to reduce the time required to complete this project by 1 week, which activity should be crashed, and how much will this increase the total cost?
d) What is the maximum time that can be crashed? How much would costs increase?
Want to see the full answer?
Check out a sample textbook solutionChapter 3 Solutions
Principles of Operations Management: Sustainability and Supply Chain Management, Student Value Edition Plus MyLab Operations Management with Pearson eText -- Access Card Package (10th Edition)
- 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…arrow_forwardSubject : IT project management A project requires the conducting or performing of the following three tasks / activities to achieve the project objective: a) Requirements analysis b) Program design c) Program code using the project above , explain the difference between the two activity sequencing techniques (below) using fully labeled diagrams: 1) Activities performed serially 2) Laddering Required : Draw the diagrams - only use letters A, B and C instead of using full task names in labeling the diagram - Ensure that your diagrams use correct arrows to show the sequence of the activities.arrow_forwardTo create a project schedule, one must understand the Project Schedule Management processes; in particular, one needs to know the project work or tasks to be performed (i.e., the project scope) and their duration, as well as their dependencies and required resources. How is the knowledge of Develop Schedule process, as well as the inputs, tools & techniques, and outputs can help you in creating a project schedule for (Deliverables -These incorporate the outcomes the venture supervisory crew needs to create to meet the business goals. Project expectations can be simply the item or administration that the task will convey, guidelines and establishment manuals, promoting materials, publicizing efforts, official statements, and so on)?arrow_forward
- Project Scope Management includes the processes required to ensure that the project includes all the work required, andonly the work required, to complete the project successfully (Project Management Institute, 2017:129).By referring to the project scope management process, discuss how the case study project scope could have been definedmore efficiently by specifically referring to plan scope management.arrow_forwardI ONLY NEED HELP WITH PART. D,E,F. Please and thank you Office Automation Inc., developed a proposal for implementing a software system that will standardize the accounts payable function by automatically issuing an electronic payment upon receipt of the vendor invoice. Contained in the proposal is a list of activities that must be accomplished to complete the project. The following table contains relevant information about the activities. Time (weeks) Cost ($1,000s) Activity Description ImmediatePredecessor Normal Crash Normal Crash A Plan needs 10 8 30 70 B Order equipment A 8 6 120 150 C Install equipment B 10 7 100 160 D Set up training lab A 7 6 40 50 E Conduct training course D 10 8 50 75 F Test system C, E 3 3 60 (a) Develop a project network. A project network with 8 activities and 8 directed arcs is shown. Activity Start is connected to activity A. Activity A is connected to activity B and to activity C. Activity B is connected to activity…arrow_forwardWhich of the following questions regarding a project CANNOT be answered even if the critical path of a project is known? * How long can each of the activities be delayed without delaying the project?When is the earliest project completion time?Which activities should not be delayed?None of the abovearrow_forward
- I only need help with D,E,F ONLY PLEASE!! Office Automation Inc., developed a proposal for implementing a software system that will standardize the accounts payable function by automatically issuing an electronic payment upon receipt of the vendor invoice. Contained in the proposal is a list of activities that must be accomplished to complete the project. The following table contains relevant information about the activities. Time (weeks) Cost ($1,000s) Activity Description ImmediatePredecessor Normal Crash Normal Crash A Plan needs 10 8 30 70 B Order equipment A 8 6 120 150 C Install equipment B 10 7 100 160 D Set up training lab A 7 6 40 50 E Conduct training course D 10 8 50 75 F Test system C, E 3 3 60 (a) Develop a project network. A project network with 8 activities and 8 directed arcs is shown. Activity Start is connected to activity A. Activity A is connected to activity B and to activity C. Activity B is connected to activity D. Activity C…arrow_forwardHi, I need help answering the last question. Rob Smith is managing a small project at Boston University. He is under pressure to shorten the overall duration of the project by 4 weeks and he wants to do so at the lowest cost possible. In order to meet this objective a number of activities must be crashed. Activity Normal Time (weeks) Crashed Time (weeks) Normal Cost Crashed Cost Predecessor(s) A 5 3 $800 $1,200 - B 6 5 $300 $450 - C 6 5 $550 $775 - D 3 2 $750 $950 A E 6 3 $1,350 $2,250 C F 5 3 $675 $875 B What is the total cost of crashing the project 4 weeks (just the additional cost, not total project cost)? (Display your answer to two decimal places.)arrow_forwardIn 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.arrow_forward
- 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.arrow_forwardAccording to EDUCBA, "A project is a collaborative set of operations, involving research or design that is carefully planned to achieve a certain objective" (n.d., para. 1). In order to manage a project, a detailed process known as the project life cycle is often followed. The Painting at JWU Project is a practical project that will guide you through the typical phases in the Project Life Cycle. There are 5 Project Life Cycle phases that you will apply to the Painting at JWU Project as outlined below: Phase 1: Initiation Phase 2: Planning Phase 3: Execution Phase 4: Monitoring & Controlling Phase 5: Closure Scenario: To start, let's look at Phase 1: Initiation. Pretend that you are the owner of a company that performs interior painting services. You will be attending a bidders' conference at Johnson & Wales University where you will receive more detailed information about the classroom painting project. At this point, your goal is to gather information about the project…arrow_forward2.To obtain reasonable assurance about the completion of the project within the timeline, the best method is which of the following? Group of answer choices To compare the estimated end date and estimated time for completion of the project To obtain confirmation from the project manager about the project completion date To obtain confirmation from the project manager about the project completion date To extrapolate the end date on the basis of completed work and resource availability 15.From among the following activities, which is the best example of a project? Group of answer choices Writing a term paper Completing a college degree Producing automobiles Processing insurance claimsarrow_forward
- Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,Operations ManagementOperations ManagementISBN:9781259667473Author:William J StevensonPublisher:McGraw-Hill EducationOperations and Supply Chain Management (Mcgraw-hi...Operations ManagementISBN:9781259666100Author:F. Robert Jacobs, Richard B ChasePublisher:McGraw-Hill Education
- Purchasing and Supply Chain ManagementOperations ManagementISBN:9781285869681Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. PattersonPublisher:Cengage LearningProduction and Operations Analysis, Seventh Editi...Operations ManagementISBN:9781478623069Author:Steven Nahmias, Tava Lennon OlsenPublisher:Waveland Press, Inc.