Explain the risks associated with leveling resources, compressing or crashing projects, and imposed durations or “catch-up” as the project is being implemented
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4. Explain the risks associated with leveling resources, compressing or crashing projects, and imposed durations or “catch-up” as the project is being implemented.
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- Project closing actions: are performed in the "Performing" phase of the project life cycle are performed in the "Closing" phase of the project life cycle include such things as making final payments, evaluating staff, and organizing and archiving project documents a and c above b and c above a and b aboveCompany A has a project that will scheduled on March 15, 2021, so the Operation department prepared all the materials needed in the project and they found out that some of the materials and equipment are not in the storage room, so they contacted the supplier (BC Company) to purchase the missing materials needed to conduct the project. So they issue the purchase order to BC and agreed that they will provide and deliver the materials needed on same day March 15, 2021. But on that day, BC company didn’t comply to deliver the materials and equipment. So what is your Approach if you were the Company A?Shrink the occurrence time of the following project and find: a) The critical path and the expected project completion time. b) Find the optimal duration and optimal cost. Normal Crash Activities Time Cost Time Cost 1-2 100 1-3 150 2-4 50 2-5 100 3-4 100 4-5 80. 843324 722213 200 230 90 150 200 100
- [Project Management] Because a housing project is running late, the developer will need to complete and deliver the houses as quickly as possible. You and your management team are responsible for mitigating the situation by including a time-cost trade-off analysis into the project. You will need to include the following: Normal crash Activity Prior Days cost, RM Days cost, RM A 7,000 7,000 B A 8,000 9 8,000 B 14 6,000 12 11,000 D B 18 5,000 11 8,500 E C,D 12 8,000 12 8,000 E 20 6,000 16 12,000 E 7,000 7,000 E 11 11,000 7 15,000 G, H 10 15,000 21,000 7 I, F 6 9,000 6 9,000 Construct a network diagram (PDM), including activity early start, late start, early finish, late finish and float.#3) Consider the following project, all durations are in days. Construct a precedence diagram, find the critical path and which tasks have slack and how much each has. Which tasks would you recommend crashing to reduce the project duration by six days assuming that it costs the same to crash each task and no task by be crashed to more than half its original duration and tasks A and N cannot be crashed at all? Task Predecessors Most Likely Duration A - 8 B A 12 C A 6 D A 12 E B 10 F E 7 G C 18 H C 13 I G 10 J H 13 K D 10 L K 11 M L 7 N F, I, J, M 4 Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.Example: Undertaking by a contractor to implement a contracting for excavation works according to the scheme below, undertaking to complete the work within a period of 36 weeks with a probability of 99% between in light of the contractor's probability. The actual time period for the completion of the project within the PERT technology? Act. a b te u C.P 1-2 7 8. 6.33 1 1 *1,2 2-3 6. 9 6.33 0.66 0.443 *2 2-4 3 7 8. 6.5 0.83 .693 *1 2-5 4 6. 0.33 3-6 9. 10 8.66 0.66 0.443 *2 4-7 6. 8 11 8.166 0.83 .693 *1 5-7 4 7 5.83 0.5 6-8 7 10 7.16 0.83 .693 *2 7-8 4 8 7.5 0.83 .693 *1 8-9 4 7 9 6.83 0.83 .693 *1,2
- Roger Ginde is developing a program in supply chain management certification for managers. Ginde has listed a number of activities that must be completed before a training program of this nature could be conducted. The activities, immediate predecessors, and times appear in the accompanying table: Activity Immediate Predecessor(s) A BCDEFG с This exercise contains only parts b, c, and d. b) The critical activities for the leadership training program development project are c) The project length for the leadership training program development project = d) Slack time for each of the activities is: days. Activity A B C ס ח ד 0 F B A, D C E, F G Slack Time Time (days) 4 6 1 103510In 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.The owner of Maxwell's Coffee and Cakes wants to start selling products that feature her coffee shop's logo. Her first product will be backpacks which she will sell for $137.44 each. She can buy the backpacks for $21.97 and have them customized for $10.92 apiece. There is a one-time set up charge of $1,525.15 for customization. In order for the project to go forward, she needs to show a $14,718.68 profit. How many backpacks will she have to sell in order for this project to be acceptable? Round to the nearest whole number.
- #3) Consider the following project, all durations are in days. Construct a precedence diagram, find the critical path and which tasks have slack and how much each has. Which tasks would you recommend crashing to reduce the project duration by six days assuming that it costs the same to crash each task and no task by be crashed to less than half its original duration and tasks A and N cannot be crashed at all? Task Predecessors A B с D E F G H I J K L M N A A A B E с с G H D K L F, I, J, M Most Likely Duration 4 12 7 12 10 7 18 13 10 13 10 11 7 3What are the core principles of the RAD (Rapid Application Development) system model approach, and when is it suitable for a project?8 EARNED VALUE ANALYSIS The following project is reported to be at the end of its 8 week. Find the cost and schedule variances. Also find the CPI, SPI, CSI, ETC and EAC for the project. Find the condition of the project at the this reporting period. PV AC Budget ($) Duration Actual Cost % D-8 Activity Predecessor (s) (week) ($) Complete 300 400 A 3 100 A3 В 4 200 180 100 B:4 C 7 250 300 90 A 8 600 400 50 400 200 В 40 150 180 F В 4 100 G C 4 100 200 40 500 H D, E 2 300 F, G 3 J H, I 1 100 ㅇ CO 프 (-)