You are developing a performance progress report for a project you are managing. The following time-phased budget was developed earlier in the planning stage and is being used as the standard against which the project performance is measured. Work Packages A B C Total W1 W2 W3 W4 W5 W6 W7 W8 W9 W10 W11 4 10 6 4 10 6 1 6 8 1 6 8 5 6 10 8 5 6 3 10 8 3 At the end of Week 8, activity "C" is 50% complete. What is the Earned Value of this activity? Use two decimal places in your calculations.
Q: Please help me with the following question, explain and make sure its correct 100% thank you Q18.…
A: Creative thinking is about coming up with fresh and useful concepts, alternatives, or ways of making…
Q: Analyze any five (5) decisions that operations managers might make to ensure and attain quality in…
A: In the increasingly competitive industrial scene, obtaining and maintaining high-quality standards…
Q: a) The correct precedence relationship with one of the possible assignment of tasks to workstations…
A: Project schedule helps in calculating different values related to the production cycle like the…
Q: Type I (Mountain View) Room Type II (Street View) Super Saver Deluxe Business $35 $30 $20 Deluxe…
A: The change in the objective function value for every unit increase in the resource constraint is…
Q: Suppose in the Dorian production model that no -minimum production limits are placed on the…
A: For the condition that Dorian should create in any event 1500 vehicles in entirety, think about the…
Q: From the Research Topic and questions below, kindly provide an Abstract to include brief statements…
A: Attracting and identifying potential candidates for job openings within an organisation is what…
Q: Taking necessary actions to minimize risks is what type of internal control a. control environment…
A: Internal control refers to a system established by an organization to safeguard its assets, ensure…
Q: Create a project status report. Define the project name and list the report date. Share the contact…
A: The objective of this question is to create a comprehensive project status report. This report will…
Q: what is the market size and growth rate of Subway fast food restaurant?
A: Subway is a global fast-food conglomerate known for its diverse sandwich offerings and expansive…
Q: oom registrations in the Toronto Towers Plaza Hotel have been recorded for the past 9 years. To…
A: Regression is the aspect of statistics that is concerned with determining the character and strength…
Q: Gordon Miller's job shop has four work areas, A, B, C, and D. Distances in feet between centers of…
A: Effective material handling practices enable efficient inventory management. Effective material…
Q: The Metropolitan Bus Company (MBC) purchases diesel fuel from American Petroleum Supply. In addition…
A: Inventory management is the aspect of production management of an organization including storing,…
Q: A terminal facility that forms as concourses that extends from the main-unit terminal building, with…
A: The question is asking for the name of a specific type of airport terminal design. This design is…
Q: Allen Furniture is a manufacturer of hand-crafted furniture. At the start of January, Allen employs…
A: Aggregate planning is a marketing activity that does an aggregate plan for the production process,…
Q: Which of the following smoothing constants would make an exponential smoothing forecast equivalent…
A: Exponential Smoothing is a time series forecasting method that assigns exponentially decreasing…
Q: i. ii. iii. iv. Calculate the slope for the regression line. (show all working) Calculate the…
A: StoreAdvertising (X)Sales (y)114621133155416552415628187221782112926151043201134141295Here…
Q: Explain risk management in detail
A: Identifying, evaluating, and mitigating any uncertainties that might impede the accomplishment of…
Q: Jays Office Supplies sells Printers, which it orders from Brands mart Inc in . Because of shipping…
A: In-stock units = 3Lead time = 2 weeks
Q: When HR decisions are being made by a company, what factors (internal and external to the firm)…
A: Human resource practices are the aspect of the human resource department that deals with the…
Q: Solve the following transportation problem using Excel. Factory A E K Demand B 6 5 8 35 Warehouse C…
A: The transportation problem is stated below:
Q: The Mach 10 is a one-person sailboat manufactured by Creative Leisure. The final assembly plant is…
A: Find the given details below:
Q: Draw a BPMN diagram for the financial workflow business process illustrated on pages 133-134 in…
A: Creating a Business Process Model and Notation (BPMN) diagram for the financial workflow process…
Q: Discuss the training practices of Opt-Two. Do you feel that the full potential of staff is…
A: Training is the aspect of human resource management that deals or concerned with providing knowledge…
Q: Question 2. A company is about to begin production of a new product. The manager of the department…
A: Find the given details below:As per the question we have solved question 2 only.
Q: As a student of Operations Management explain to the management of Mukwano Industries Limited (a…
A: The objective of this question is to explain the advantages of holding inventories in the context of…
Q: An indian citizen working for a Japanese company in India is a A. foreign country national…
A: The question is asking to identify the correct term for an Indian citizen who is working for a…
Q: Expected Monetary Value Suppose that your organization is deciding which of four projects to bid on,…
A: Find the given details below:
Q: The details of establishing a policy for your patients especially taking consideration. You need a…
A: The objective of the question is to understand how to measure the effectiveness of the financial…
Q: what are strategies that firms might employ to reduce the impact of the bullwhip effect.
A: The bullwhip effect refers to the amplification of demand variability as it travels upstream in a…
Q: Create a timeline for a sorrel wine project plan, including estimated start and end dates for each…
A: Project management tools are software or applications that help project managers and teams to manage…
Q: ou have been recruited as a member of the procurement team of JM investments and one of your key…
A: The objective of the question is to identify and explain six roles that the procurement team of JM…
Q: the answeer is not correct
A: Linear programming helps us to find the optimal solution/best outcome, given the constraints. Here…
Q: Success in software development projects comes with great difficulty. In fact, one of the greatest…
A: Project development is the comprehensive process of transforming an idea into a well-structured…
Q: Why is Diversity and Inclusion In the Workplace Important?
A: The question is asking about the importance of diversity and inclusion in the workplace. Diversity…
Q: A firm uses a fixed time period model to manage a type of bolts they keep in inventory. The average…
A: Periodic review/fixed period Here inventory is checked at pre fixed review intervals and an order is…
Q: An air freight forwarder has the following shipments from two shippers: Toys: actual weight is 100…
A: Shipment enables the transfer of goods and materials from production centers to consumption areas.…
Q: A company wants to minimize the cost of shipping a product from 3 different factories to 6 different…
A: Find the given details below:
Q: Required: Bank Leumi Case Study You will explore a number of concepts and frameworks associated…
A: Leadership is the activity or action of a leader that assists in guiding or directing the employees…
Q: A county wants to build one centrally-located processing facility to serve the county's four…
A: The center of gravity method for location strategy is a decision-making process that uses…
Q: Find two similar products spot from two different manufacturers and list a set of design criteria to…
A: Exploring the intricacies of product design reveals a multifaceted undertaking. This process…
Q: Please list the main industries in which A.P. Moller Maersk Group is specialized b) What are the…
A: NOTE :We are allowed to do the first three sub-parts only at a time. The case study explores the…
Q: Which of the following departments would be responsible for accounting for hotel assets and…
A: The objective of the question is to identify the department in a hotel that is responsible for…
Q: A farmer in Lufyanyama has 2000 acres of land on which he can grow maize, wheat and Soya beans. Each…
A: For Maize:Cost for preparation: K200 per acreMan-days of work: 14 days per acreProfit: K60 per…
Q: Show how Uber can implement Integration into Public transportation in China Using Lewin or Kotlers…
A: Kurt Lewin, the psychologist, created the three-stage Lewin Transformation Model, which offers an…
Q: 3. A mobile phone store owner wants to predict the demand for mobile phones In October based on the…
A: Naive forecast- Here we use current period’s data as next period’s forecast. The naive forecast…
Q: If he uses the shortest processing time first priority rule to schedule these jobs, what will be the…
A: Let me state the given data, JobProcessing timeDue hours from nowZ14Y25X32W41Here, the first…
Q: You are developing a performance progress report for a project you are managing. The following…
A: Project managers can assess a project's success with the aid of earned value (EV), often referred to…
Q: Done Chapter 16 Assessment ( 25 eBook References ezto.mheducation.com Job V W X Y Z Processing Time…
A: An approach for scheduling jobs that gives priority to those with the lower processing times is…
Q: a) What percentage improvement is needed in the supply chain strategy for profit to improve to…
A:
Q: lease plot this on a graph
A:
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
- You are developing a performance progress report for a project you are managing. The following time-phased budget was developed earlier in the planning stage and is being used as the standard against which the project performance is measured. Work Packages W1 W2 W3 W4 W5 W6 W7 W8 W9 W10 W11 A 4 10 6 B 1 6 8 C 5 6 10 8 3 Total 4 10 6 1 6 8 5 6 10 8 3 At the end of Week 8, activity "C" is 50% complete. What is the Earned Value of this activity? Use two decimal places in your calculations.Explain how earned value management (EVM) may save costs and assess project performance, and predict why it's not utilised more. What makes a cost variation, schedule variance, cost performance index, or schedule performance index statistic good or bad?A NEW CONDOMINIUM PROJECT WILL SOON START. THE DESIGN TEAM ALREADY RELEASED THE “FOR CONSTRUCTION DRAWINGS" AS PROJECT MANAGER, HOW WILL YOU EXECUTE THE PROJECT? Phase 1- Project Initiation Phase 2 - Project Planning Phase 3- Project Execution Phase 4 - Project Performance and Monitoring Phase 5 - Project Closure Please answer. I will rate properly, thank you.
- Use the following project status information to calculate each of the requested EVM numbers below (a-i).The project status is reported at the end of week 13. Task Budget Cost Budget Duration Status as of Week 13 A $5,000 2 Weeks 100 percent complete $5,000B $8,500 3 Weeks 100 percent complete $9,000C $15,000 4 Weeks 75 percent complete $14,000D $10,000 4 Weeks 50 percent complete $9,000 E $12,000 4 Weeks Not startedF $15,000 5 Weeks Not started a. Planned Valuedb. Actual costc. Cost varianced. Schedule variancee. Cost performance indexf. Schedule performance indexg. Budget at completionh. Estimation to completei. Estimation at completionUse the information in this table to calculate the weighted score for project 2 Criteria Weight Project1 Project2 Project3 Project4 Supports of key business objectives 5% 90 90 50 20 Has strong internal sponsor 10% 70 90 50 20 Has strong customer support 5% 50 90 50 20 Realistic level of technology 10% 25 90 50 70 Can be implemented in one year or less 30% 20 20 50 90 Provides positive NPV 10% 50 70 50 50 Has low risk in meeting scope, time, and cost goals 30% 20 50 50 90Justify the usage of earned value management (EVM) to control costs and monitor project success, and hypothesize on why it is not utilized more often. What are some broad guidelines for determining if a cost variation, a schedule variance, a cost performance index, or a schedule performance index is positive or negative?
- Identify the order in which a Project manager does his job a. Planning, Organizing, Controlling b. Planning, Scheduling, Controlling c. Planning, Leading, ControllingHow is Project Planning, Scheduling, and Controlling is managed by the OM manager?The project manager must make trade-offs between project progress and process. Conceptually, this involves trade-offs between the __________ functions. a. schedule and cost b. technical and managerial c. cost and performance d. performance and schedule
- there are four project baselines. Scope baseline Schedule baseline Cost baseline Performance measurement baseline Pick one of the baselines above, explain it, and tell us how it is applied to monitor and control a project. If possible, use the Getta Byte Project to provide examples.Please Answer the following questions:- How does earned value give a clearer picture of project schedule and cost status than a simple plan versus actual system?- Schedule variance (SV) is in dollars and does not directly represent time. Why is it still useful?- In month 9 the following project information is available: actual cost is $2,000, earned value is $2,100, and planned cost is $2,400. Compute the SV and CV for the project.- On day 51 a project has an earned value of $600, an actual cost of $650, and a planned cost of $560. Compute the SV, CV, and CPI for the project. What is your assessment of the project on day 51?Management Firm is a consulting company that specializes in the development of decision support systems. Time (Weeks) Activity Description ImmediatePredecessor Optimistic Most Probable Pessimistic A Report generation 2 8 12 B Web scraping 4 9 11 C Testing A, B 1 1 1 (A) Based solely on the critical path, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.) (b) Using all paths through the project network, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.)