Find:(1) The critical path. (2) The completion time. (3) The float time.
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- IT PROJECT MANAGEMENT:EX 2.4 You have a project to be completed in 12 months, and the budget of the project is R100, 000. 6 months have passed, and R60, 000 has been spent., but on closer view you find that only 40% of work has been completed so far. Given in question : Actual cost (AC) =R60 000 Earned Value (EV) =40% of R100 000 =R40 000 Find the project's cost varience (CV) and determine if you are under budget or over budget.c. What is the expected project completion time? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Project completion time d. What is the probability of completing this project within 16 days? (Use Excel's NORMSDIST() function to find the correct probability for your computed Z-value. Do not round intermediate calculations. Round "2" value to 2 decimal places and final answer to 4 decimal places.) Probability 10 00 days 09994The following precedence diagram reflects three time estimates for each activity. Determine: Use Table B1 and Table B2. 9-10-12 3 8 5-7-10 8-10-14 11-12-13 6 11 14-18-26 10.5-13-15.5 10 8-8-8 1 5-6-7 2 4 13-13-13 7 7-10-12 a. The expected completion time for each path and its variance. (Round intermediate calculations to 4 decimal places and final answers to 2 decimal places.) Path Mean Var. Std. Dev. 1-2-3-8-11 37.33 1-2-4-6-11 43.00 5.11 1-2-4-7-11 0.81 1-2-5-9-10-11 46.83 1.25 9-9-9 10-11-12 10-12-14
- using examples, distinguisg between: 1. Direct aand indirect project costs. 2. Recurring and nonrecurring project costs. 3. Fixed and Variable project costs. 4. Normal and expedited project costs.You are assigned as a project manager to lead a new quality improvement project. Q Management is asking for a project management plan. Which of the following should you aeate FIRSTI A A process improvement plan A quality management plan CA project scope statement D A project management plan 41 193 retu ABUsing PERT, Adam Munson was a ble to determinethat the expected project completion time for the construction ofa pleasure yacht is 21 months, and the project va riance is 4.a) What is the probability that the project will be completed in17 months?b) What is the probability that the project will be completed in20 months?c) What is the probability that the project will be completed in23 months?d) What is the probability that the project will be completed in25 months?e) What is the due date that yields a 95% chance of completion?
- A project consists of five activities as shown in the following table. Activity Floor sanding Floor buffing Paint mixing Wall painting Ceiling painting Optimistic Time (hr) Most Probable Time (hr) 4 4 0.5 2 3 5 5 Сл 1 3 7.5 Pessimistic Time (hr) 6 6 1.5 10 9 Naturally, the paint mixing precedes the painting activities. Also, both ceiling painting and floor sanding must be done prior to floor buffing. (a) Construct the PERT/CPM network for this problem.The following represents a project that should be scheduled using CPM: ACTIVITY ABCDEFGH А с IMMEDIATE PREDECESSORS IAABUDR C,D D,E F,G TIMES (DAYS) b a 1 1 3 - NTTTTE 1 1 1 1 2 m 5 WaNNASNU 2 5 4 2 2 6 3 ∞∞NWO3770 9 10 12 8AABCDE Activity J К Predecessor None PZABUD FGHL-KL EOFICI LA C H с H J.I,K Draft PDS Identify team Kickoff team meeting Source previous rocket Identify & order missing or new materials/parts Assembly Simulation Alpha Test Beta Test Training of key people Buy food to bring Launch DITONT Duration (wks) 1 1 0 2 4 8722860 1. Show the Critical Path. Give reasons for your answer. 2. If you needed to shorten the duration of the project, which activity or activities would you shorten and why?
- 10:54 AM ...0.7KB/s O 99 35 objective type questions.docx .. QQ浏览器文件服务 (33) Your project is in the f hal test stage, the user acceptance test. It meets all the prod 6/7 uct specs and is under planned costs. In term of schedule, this project is ahead. Your cu stomer met you and requested that he will not accept the product unless you make sev eral changes. What you should do is: A Get the list of the changes and estimate all of them. If the total cost is still within the baseline, you will do it В. Estimate the costs and send this to your customer requesting contract modificati on C. Ask the customer to file a change request D. Sit with the customer to review the product specs and tell him/her that you have completed the project. (34) Rahim, a project manager on a Distribution and Logistic Project is devising a cost e stimate for a contingency plan. He will resort to integration of the following except for: A. Cost Management Plan B. Project Schedule C. Risk Register D. Stakeholder Re…O O D 40 4 22:31 photo_2021-02-2... O By using Bar chart planning method, find the following: - Total duration for the project activities shown below - The project completion date (assume the start date is 1/3/2012 Activity A В CDEF GHIJ Duration 8 28 4 6. 4 5 6 (days) Following C,DEFGH Activity * If the project shown above had a delay of (4 days after (13working days), what would its new delivery date be? 7. 5,The following is a table of activities associated with a project at Rafay Ishfaq's software firm in Chicago, their durations, what activities each must precede and the crash cost to reduce duration per week Activity Duration (weeks) Precedes Crash Cost/Week A (start) B C E F (end) 3 2 4 1 4 Activity B, C E F F Suppose that Ratay is only given 9 weeks (instead of 11) to complete the project. By how many weeks should each activity be crashed in order to meet the deadline? Assume that you can crash an activity down to D weeks duration A B C $380 $130 $240 $150 $420 Each Activity Should be Reduced BY (weeks) week(s) week(s) week(s)
