Question FourConsider a project with the following activities. The normal duration and cost, crash duration andcost and the precedence of activity are:ActivityDependencyAii.iii.BCDEFGHJKLStartStartF, d, finishBStartABG, finishL, finishEG & KNormaltime483671512105911Crash time Normal cost Crash cost46355121084784000800060090035090001200100010009002200Crash the project and determine the ultimate crash durationCalculate the cost associated with crashing the above project1500Fixed overhead cost per day is shs. 500.00i.Draw a network diagram for the above project and calculate the expected completiontime150100900200150300150350

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Answered: Consider a project with the following…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Question 2 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?
DURATION, DAYS NORMAL ACCELERATED 5 3 5 4 3 2 5 # 3 # 3 ACTIVITY NODE A 0-1 B 0-2 C 0-3 D 1 to 2 E 2 to 3 4 F 3 to 4 5 determine the following: -Normal cost -additional cost -maximum crash time for activity A 7 NORMAL COST, PESO ACCELERATED 1,600.00 4,000.00 15,000.00 3,500.00 1,500.00 1,800.00 1,000.00 € 3,000.00 12,000.00 3,000.00 € 1,000.00 # 1,000.00
Q3.When we start a project how we know this project or program is feasible for our future? Explain with help of diagram
Practice Question EVM: A simple project consists of five tasks and is scheduled to take 13 weeks to complete. The actual status of the project at the end of week 9 is given in the following table: Project Plan Task | Duration Start (weeks) Actual status Actual current cost complete S350 S225 $475 $300 End Budget Percent week week $300 100% 100% $250 $450 $600 $500 B 2 100% 75% 75% C 4 4 7. 9. 13 D 3 6 8 $300 a) For each activity, compute the ACWP, BCWP, BCWS and add the columns to get the projected total. Record your answers in the table below. Task ACWP BCWP BCWS E b) Calculate: CV,SV,CPI, and SPI:
Q1 ) Scenarios of a project activities (tables given below) and their required times to be completed in addition to their predecessors for developing a ‘Website’: Activity Description Duration (weeks) Preceding Activities A Determine user needs 8 -- B Review s/w and languages 4 -- C Purchase software 10 -- D Design format and style 10 B E Write programs 6 A F Review outcome product with user 12 C G Make revisions 4 C H Select server site 8 E I Install on server 14 D,F J Test 8 G,H,I Draw the path. Calculate the early finishing time (forwards calculations) Highlight the total time to complete the project (days) Calculate the late finishing time (backwards calculations) Calculate the slack time of the non-critical path activities Identify the critical path (highlight critical path activities) what would happen if activity D revised to take 14 instead of 10 days?
Activity 3: Scenarios of a project activities (tables given below) and their required times to be completed in addition to their predecessors for developing a Website": Activity Description Duration (days) Preceding Activities A Determine user needs 9 в Review s/w and languages 7 Purchase software 9. D Design format and style B. E Write programs 7 Review outcome product with user F 10 G Make revisions C H Select server site 8 E Install on server 11 D, F Test G, H, I 1. Draw the path. 2. Calculate the carly finishing time (forwards calculations) 3. Highlight the total time to complete the project (days or weeks) 4. Calculate the late finishing time (backwards calculations) 5. Calculate the slack time of the non-critical path activities 6. Identify the critical path (highlight critical path activities) 7. what would happen if revised to take seven weeks instead of five weeks
a. Introduction PPE GLOVEb. Objective of Project/Manufacturing Processc. History of Company/Product (PPE GLOVE)
Activity Normal_time Crash_time Normal_cost Crash_cost Slack A 31 17 4800 6200 В 14 14 5500 5500 C 34 18 5100 6600 21 17 4500 6800 E 15 15 5300 5300 F 17 17 5300 5300 The table shows normal time, crash time, normal cost, crash cost and slack time of activities in a project. According to this table which activity must be crashed first? Assume there is only one critical path. (Only type the name of the activity, Example: A. @orsdemir. Copyrighted content. Cannot be posted.) 0ㅇ11 2 0
1. Using Microsoft Excel TM prepare a Gantt Chart for the following project. Activity Predecessor(s) Duration (Days) 1. Forming the problem statement 2. Identifying functional requirements 3. Identifying constraints and limitations 4. Defining a schedule 5. Defining the design parameters 6. Identifying alternatives 7. Evaluating and analyzing alternatives 8. Select a solution 9. Gather supplies 10. Construct prototype 11. Test performance 12. 1 1 1 1 1 2,3 1 2 1 2 7 1 8 4 10 1 Redesign 13. 11 2 Demonstrate solution to 12 1 class 5 CO
D E F G H Activity A B 100 Predecessor ABB А Crashing - Example Crash Duration 6 A C.E C.D.E.F 2 4 6 5 5 16 Normal Duration 7 3 5 4 1 2 5 4 2 4 a) Use the heuristic procedure to determine the crash schedule. 150 100 Normal Cost 100 100 25 50 b) Given that the indirect project cost is 20TL per day, obtain the cost vs. duration curve. 100 50 Crash Cost 170 150 50 75 180 200 136 200
1.Steps in Project Scope Management process 2. Define Scope Planning 3. Purpose of Scope Definition
Q3. What is Project Scope Management? Discuss Project Scope and Product Scope. Why do you think preparing project scope management plan is important to be made?

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Consider a project with the following activities. The normal duration and cost, crash duration and cost and the precedence of activity are: