Please do fast ASAP fast ActivityCostMonth 1Month 2Month 3Month 4Month 5Month 6$100$200$ 60$ 80$ 40$150$300$100$ 50$400XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXAfter three months, Activities A, B, C, E, and half of F are completed, at an actual cost of $490.What is the status of the project in terms of the budget (over or under) and the schedule(ahead or behind)? Give each answer in terms of a CPI and SPI to show your proof (requiredor no credit will be given).CPI =Budget: Over or Under (circle your answer)SPI =Schedule: Ahead or Behind (circle your answer)

The Cost Performance Index or called (CPI) is a process for estimating the cost efficiency &…

Answered: Month 1 Month 2 Month 4 Month 5 Month 6…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

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

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1.The chief engineer of firm XYZ is responsible for supervising the construction work of a road. He has identified the activities and their durations for each stage of operation. Activity Duration (days) Preceding activities A 5 - B 10 - C 1 - D 8 B E 10 B F 9 B G 3 A,D H 7 A,D I 4 F J 3 F K 5 C,J L 8 H,E,I,K M 4 CJ Draw a network diagram (AOA) for this road construction project. Which are the critical activities? How long the project will take?
Map s ipral model on any simple project
B/U pe Activity A B D 11. A project has the activity duration and cost information indicated in the table where all times are in weeks. There is a penalty of $4,000 per week for every week the project exceeds 37 weeks. What is the lowest total cost for completing this project? Predecessor Time 18 11 A A B C E D Normal A H 12 15 3 19 Asbe de ABC' AMBBC RACE AB 7 8 12 6 Normal Cost Crash Time Crash Cost $22,000 $32,000 $62,000 $18,000 $35,000 $8,000 $23,000 $32,000 $56,000 $12,000 5 $18,000 19 $22,000 $9,000 $15,000 $5,000 $13,000 $20,000 $45,000 2 5 4
Time Immediate Time Activity (weeks) Predecessor(s) Activity (weeks) 5 6 9 7 ABCD 5622 A A Dave's earliest start (ES) and earliest finish (EF) are: Activity A B ооши G H Dave's latest start (LS) and latest finish (LF) are: Activity H ES 0 0 5 5 6 6 11 12 LS 13 EFGH EF 5 6 7 7 11 12 20 19 LF Immediate Predecessor(s) B B C, E D, F
The information in the table below is available for a large fund-raising project. Activity Activity Times (days) Activity Cost ($) Immediate Predecessor A 3 100 None B 4 150 None C 2 125 A D 5 175 B E 2 150 B F 4 200 C, D G 6 75 C H 2 50 C, D, E I 1 100 E J 4 75 D, E K 5 350 F, G L 3 150 G, H, I M 4 400 I, J N 4 175 K, M O 1 200 H, M P 5 150 N, L, O Draw the precedence network diagram. Perform the CPM (Critical Path Method) and give the complete activity schedule table, the project completion time, and the critical path. Plot on the same graph the total project costs per day, starting from day one to the completion date, assuming the earliest start times and then assuming the latest start times. What implications does the time differential have for cash flows and project scheduling? Show step by step solution
The normal time, crash time, and cost estimates for the setup of a new produc tion line at Ithaca Custom Manufacturing (ICM) Inc. are listed in Table 8.12. Activity Times and Immediate processors Activity Normal Time Hours Crash Time Hours Crash (Cost per hour) Immediate Processor A 5 4 $2000 - B 4 4 - A C 6 4 $1500 A D 3 3 - A E 4 3 $1000 B,C F 5 3 $1200 C,D G 2 2 - E,F The Project Includes Four Paths: Compute the unsolved activities To get the project numbers for the four paths you have to add the numbers in the chart. For example, ABEG= 5+4+4+2=15 ABEG: 15 ACEG: ACFG: 19 ADFG: To reduce the length of the project, we must start reducing the duration of the critical path in the lowest-cost manner (see Table 8.13). Crash Time and Cost Step Action Cost ABEG Normal Hours ACEG Crash Time Hours ACFG ADFG 1 Reduce F By 1 hour 1200 16 18 14 2…
13. The Advanced Tech Company has a project to design an integrated information database for a major bank. Data for the project are given in Table 7.60. Indirect project costs amount to $300 per day. The company will incur a $150 per day penalty for each day the project lasts beyond day 14. Table 7.6 Database Design Project Data Activity A B C D E F G H Normal Time (days) 6 4 3 2 6 2 4 4 Normal Cost (S) 1,000 800 600 1,500 900 1,300 900 500 Crash Time (days) 5 2 2 1 4 1 4 2 Crash Cost ($) 1,200 2,000 900 2,000 1,200 1,400 900 900 a. What is the project's duration if only normal times are used? b. What is the minimum-cost schedule? c. What is the critical path for the minimum-cost schedule? Immediate Predecessor(s) A, B B C, D E E G
a) Provide FOUR (4) key decisions invalidating priority rankings in Project PortfolioManagement.b) Determining the location where to deploy the initial Project Portfolio Management (PPM) process is critical. Identify FIVE (5) main areas how the business can kick-start the Project Portfolio Management (PPM) process.c) Resource decisions are plagued with difficult challenges. The common pitfalls, in most companies; there are too many projects and not enough resources, and mismatches of skill-sets. Hence, mapping resource and demand is crucial. List any SIX (6) activities in conducting a resources assessment.d) Project Portfolio Management Team (PPMT)'s process activities must be integrated with other existing processes, with its interdependent relationships within and between product/service development processes and project management processes. Explain FOUR (4) main tasks of PPMT in establishing corporate visibility.
Consider a project with seven tasks. Three tasks – tasks 3, 4, and 5 – require a specific resource for completion; all needed resources must be available at the site before a task can be started. Task Duration Predecessor (s) Units of Value of Resource Completed Task Needed 3 3 10 $4000 3 1 10 S3000 3 12 $5000 1 4 7 2, 5,6 Each resource unit cost $100; no quantity discounts are available. In addition, it costs $2 per unit per time period to hold this resource in stock, and it costs $45 just to place an order for materials (independent of the number of units ordered). When should each task in the project be started and when and how many resources should be ordered to minimize total project costs? 1. 1, en en 1. 2. en
Table below gives estimates in weeks, for forned activity (Durations are PERT. using Activity Duration Preceded Resources Ryan 5 1. 15 Order review 2. Order vender parts 3. Produce standard parts 20 custom parts development Manufacture custom parts 10 4. Design 13 5 18 7. Assemble 10 5 I 1 I 1 4 Carly Ryan Lauren Connor Ryan 2,3,6 Dawn Test 2,5 been engaged to you Assuming that project detalje have indicated festurces), USE CCPM (Critical Chain Project Management) below (Aur Project: to ESTIMATE the project duration by showing Jage of your programming procesa lindicate each and and
Please do not give solution in image formate thanku PROJECT MANAGEMENT PROCESS GROUP A. INITIATING PROCESS GROUP B. PLANNING PROCESS GROUP C. EXECUTING PROCESS GROUP D. MONITORING AND CONTROLLING PROCESS GROUP E. CLOSING PROCESS GROUP F. Classify the activity below according to its stage in the Project Management Cycle: 1. Conduct of Feasibility Study 2. Testing and Commissioning 3. Geotechnical Survey and Investigations 4. Pile Driving 5. Punchlisting 6. Conduct of Traffic Impact Assessment 7. Finalization of Tender and Bidding Documents 8. Fit-out 9. Surveying 10. Materials Testing 11. Turn-over 12. Cost Estimation 13. Pouring of Foundation 14. Masonry Works 15. Field Density Test 16. Identification of Nearest Batching Plant 17. Testing of Concrete Cylinders 18. Options Analysis 19. Issuance of Notice of Proceed 20. Conduct of Toolbox Meeting
Colonial State College is considering building a new multipurpose athletic complex on campus. The complex would provide a new gymnasium for intercollegiate basketball games, expanded office space, classrooms, and intramural facilities. The following activities would have to be undertaken before construction can begin. Activity Description ImmediatePredecessor Time(weeks) A Survey building site 5 B Develop initial design 8 C Obtain board approval A, B 11 D Select architect C 4 E Establish budget C 6 F Finalize design D, E 15 G Obtain financing E 11 H Hire contractor F, G 6 (a) Draw a project network. (Submit a file with a maximum size of 1 MB.) (b) Identify the critical path. (Enter your answers as a comma-separated list.) (c) Develop the activity schedule for the project. Activity EarliestStart LatestStart EarliestFinish LatestFinish Slack A B C D E F G H…

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