, schedule, and control a wide variety of projects. List the four projects according as they appear on the text.
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We understand that PERT and CPM have been used to plan,
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- Discuss the use of the Program Evaluation and ReviewTechnique (PERT) to schedule the tasks of a large complicatedproject. How widely is PERT used?The following is NOT one of the advantages of CPM and PERT:a) Straightforward concept and not mathematically complex.b) Graphical networks help highlight relationships among project activities.c) Critical path & slack time analyses pinpoint activities that need tobe closely watched.d) Project documentation and graphs point out who is responsible for variousactivities.e) Precedence relationships must be specified and networked together.f) Applicable to a wide variety of projects.PERT and CPM work by determining the "critical path" for completing a group of interrelated activities. Is it truthful or untrue to say this?
- The project contains 6 tasks. We completed three tasks (A, B, C), and started two (D, E) but could not complete them. The planned budget for each task, Actual cost we spent so far, completion rate by today according to the plan, and actual completion rate by today are shown in the table. Task ID Actual Cost A 8 C E F Planned Budget $100 $150 $100 $160 $200 $100 5) TCPI: $80 $150 $100 $130 $90 $0 Planned Completion Rate by Today 100% 100% 100% 25% 50% 0% Actual Completion Rate 100% 100% 100% 50% 50% 0% 1) CPI: 679 (Round to two decimals/hundredth (x.xx)) 2) SPI: (Round to two decimals/hundredth (x.xx)) 3) EAC under the assumption that the cost performance will remain as it is (current CPI): (Round to the nearest integer) 4) EAC under the assumption that the cost performance will be as planned (budget rate): (Round to the nearest integer) (Round to two decimals/hundredth (x.xx))What are Project Scheduling Models, and how are they defined?Outline the steps involved in identifying the critical path of a project. Briefly describe each step 2. Listed below are tools used for project scheduling. Briefly describe each Time sheets Task lists Shared calendars Automated scheduling tools 3. Answer the following questions about work breakdown structures (WBS). Briefly explain what a WBS is. How does the WBS help determine project deliverables? How does the WBS help determine the sequence of activities on a project?
- You are in charge of a project. Your team has determined that there are 7 activities to be completed. Here are the activities, the time to complete the activity and the immediate predecessor of the activity. Using this data 1) construct a Gantt Chart, 2) determine the time it will take to complete the project, 3) You are monitoring the progress of this project and discover that activity C is in danger of taking longer than planned due to funding issues. What options do you have to get the project back on track? Activity Time Immediate Predecessor A 10 Weeks None B 6 Weeks A C 7 Weeks A D 6 Weeks B E 8 Weeks C F 3 Weeks D G 4 Weeks FHow is Project Planning, Scheduling, and Controlling is managed by the OM manager?Identify any 10 risks connected with IT project management. Define risk management for projects and identify the main processing steps required.
- Outline the properties of PERT, CPM, and PDM. Look for projects (1 for each method) that have implemented successfully using these three.The managers at AllBirds have operations in multiple countries, which operate on different financial management systems. This has been increasingly challenging for the company, so the Justin is looking to consolidate and integrate the financial management across all locations into a single software system that can operate across the national boundaries. This is a new, complicated and lengthy project, so Justin has identified a set of activity categories that will need to be carefully managed, as noted in the table. What is the probability that project can be completed two months early?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: a. the critical activities for the leadership training program development project are: _____ b. the project length for the leadership training program development project= __ days. c. Slack time for each of the activities is: Activity: Slack time: A ______ B ______ C ______ D ______ E ______ F ______ G ______