The following information is provided for crashing analysis. Task NT CT Normal cost 1400 8 6 Crash cost Imm. Pred. 1600
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- Stinnett Transmissions, Incorporated, has the following estimates for its new gear assembly project: Price $1,220 per unit; variable costs = $3.75 million; quantity = 90,000 units. Suppose the company believes all of its estimates are accurate only to within ±15 percent. What values should the company use for the four variables given here when it performs its best-case scenario analysis? What about the worst-case scenario? Pls don't copy answer i give up votetrue/ false 1) When the units increase, the unit price increases too. 2) Conceptual design is the most expensive design phase. 3) Bonding is a form of liability insurance. 4) Cost plus fixed profit encourages contractors to finish work quickly. 5) On average, design consumes about 10% of total project cost. 6) The critical path is the path with the least float. 7) Float is days an activity can be delayed without delaying project completion. 8) Design-Build projects have a higher cost than Design-Bid-Build. 9) 4D CAD software automates Estimating by providing costs. 10) Accurate Assessment of Labor productivity is difficult.What is the minimum cost of crashing the following project at Sawaya Robotics by 4 days? NORMAL CRASH TIME (DAYS) TIME (DAYS) 9 7 7 6 5 4 6 4 9 6 ACTIVITY Design (A) Wiring (B) Chip install (C) Software (D) Testing (E) The minimum cost of crashing the following project at Sawaya Robotics by. 4 days is $ NORMAL COST 200 800 600 1,100 1,200 CRASH COST 300 875 675 1,300 1,875 IMMEDIATE PREDECESSOR(S) (enter your response as a whole number). A, B C
- Problem Statement: Project Control and Monitoring You are working on a manufacturing project having a budget of PKR 3,600,000 and expected time of its completion is one year. There is an ideal condition that your budget and work are evenly spread across the duration of the project that is twelve month. At the end of forth month, the senior management has called a meeting and invited all the stakeholders to brief about the status of the project. You being the PM of this project is giving the presentation to all the attendees and informed that project is on schedule and PKR 1,800,000 have already been spent on the project. Required: Calculate Cost and Schedule Variance What is SPI and CPI of the project? Estimate at completion and Estimated time to complete?What is the minimum cost of crashing the following project at Sawaya Robotics by 4 days? NORMAL TIME (DAYS) CRASH TIME (DAYS) 5 4 ACTIVITY Design (A) Wiring (8) Chip install (C) 7 5 3 4 7 2 2 4 NORMAL COST 300 900 500 CRASH COST 1,100 1,200 350 975 575 Software (D) Testing (E) The minimum cost of crashing the following project at Sawaya Robotics by 4 days is $1,875 (enter your response as a whole number). IMMEDIATE PREDECESSOR(S) 1,300 1,650 A, B с++ Earned value analysis is the project management tool that is used to measure project progress. You are a project manager in company XYZ that responsible to handling the packaging machine project with the total cost budgeting is RM100,000. There are including RM24,000 (Design), RM60,000 (build) and RM16,000 (install & test). The information regarding on the project progress development in weeks 8 as shown in Table 2 below: Table 2 No 1 2 3 Type Cumulative Budgeted Cost (CBC) Cumulative Actual Cost (CAC) Cumulative Earned Value (CEV) TOTAL RM 64,000 68,000 54,000 100,000 Percentage 64.0 68.0 54.0 100.0 a) With the aid of a typical S-curve diagram, draw and explain the four cost-related measures such as TBC, CBC, CAC and CEV to analyses the overall project cost performance.
- c) Total cost of crashing the project by 2 days = $_________ (Enter your response as an integer.)The decision was made by JMP management that a certain critical development in the overall project will be subcontracted-out to a vendor. JMP has issued a six-month cost plus fixed fee contract for that development, and you are the vendor's project manager. The approved JMP budget for your development is $500,000. A recent Earned Value Analysis that your firm (the vendor) has done shows that you will complete the project four weeks ahead of time, thus depriving your firm of $80,000 of billable time. Among your options are: 1. Since it was the approved budget, go ahead and bill JMP for the entire $500.000. 2. Inform JMP of the project status and completion date, and ask if they'd like to add any features to account for the monies spent. 3. Inform JMP of the project status and completion date. 4. Bill JMP for the $500,000 by adding more work at the end of the project.Acronym TELOS which provides guidance for accessing project feasibility. The term stands for technical, economic, legal, operational and schedules feasibility. Discuss these feasibilities briefly. And elaborate cost-benefit analysis under economic feasibility. [Words Limit: Up to 350 words.]
- EX8-14 (Algo) Given the time-phased work packages... Given the time-phased work packages and network, complete the baseline budget form for the project. 0 0 0 A 3 Design 3 3 A Design prototype B Build prototype C Order parts Legend ES ID EF SLK Descrip LS DUR LF ID A B C D E F G D Prepare production E Prepare marketing F Assemble and test G Launch Total 3 0 B 5 Build 3 2 5 Budget Cumulative 21 12 17 62 32 36 12 192 Soccer Toy Project Cost By Week ($000) 3 5 12 20 5 2 10 0 14956682 1 10 2 2 4 18 18 5 0 1 6 5 0 5 5 1 6 ... C 8 с Order 3 9 D 9 Prod. 4 9 E 10 Mktg 5 11 8 22 16 4 6 0 0 0 0 0 0 Enter the appropriate values in the truncated portion of the budget form shown below. 4 5 0 Enter the appropriate values in the truncated portion of the budget form shown below. 0 0 0 0 0 12 Time Periods 8 9 F 11 0 Assy. 9 2 11 9 11 0 11 10 G 12 Launch 1 12Which of the following is not a project managerment constraint? Select one: Oa. Time O b. Safety Oc Cost O d. RiskNormal Crash Time Activity Time (days) (days) 3 6 4 umber.) A B C $800 $250 $600 $750 $1,200 4 days? Fill in the table below. (Enter your responses as whole numbers.) Each Activity Should be Reduced BY (days) D E 4 8 5 7 7 4 Activity Normal Cost ABCDE Total Cost with Crashing Immediate Predecessor(s) $1,100 $600 $650 $1,500 $1,650 | ||40| - C