Analyze which type of project termination is this: i. Completing a bridge construction ii. Completing an extra building construction of a college iii. Opening a new department of an university iv. Stopping a project due to lack of budget
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Analyze which type of project termination is this:
i. Completing a bridge construction
ii. Completing an extra building construction of a college
iii. Opening a new department of an university
iv. Stopping a project due to lack of budget
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Solved in 2 steps
- PM.64 The US government has contracted with Raytheon to build its new Peacekeeper 2 ballistic missile. The project has been laid out with durations (in weeks), predecessors, and costs included: Activity Normal Time (weeks) Crashed Time (weeks) Normal Cost Crashed Cost Predecessor(s) A 4 3 $2,000 $3,300 В 10 $6,200 $6,700 A 6 $3,500 $4,200 В Which activity is the least desirable crashing candidate? C В A In order to reduce the project's overall duration by one week, at the lowest cost possible, which activity should you crash? ВA client is ready to negotiate a contract with a construction firm for a $30 million shelled office building project. The design-development documents (DDs) are complete. The building permit has been applied for and is scheduled to be issued in two months. The architect has requested the owner now bring on a contractor to assist with the balance of preconstruction services, estimating, scheduling, constructability analysis, material selections, and value engineering (VE) during the construction document (CD) development phase. The client and the architect have received written proposals and conducted interviews, and have narrowed the short list down to two firms who have a completely different approach to contracting. Both appear to be equally qualified with respect to experience, references, availability, etc. Both firms have worked with the architect and the owner successfully on previous projects. Both firms are quoting a competitive 4% fee on top of the cost of the work. All other…During which relationship is the “from” activity unable start until the “to” activity is started? Finish-to-start Finish-to-finish Start-to-start Start-to-finish
- The Professional Project Management is a project delivery system that has unique advantages over the Design-Bid-build delivery system. (true or false)What term is used to describe the checkpoints (Go/No-go decision points) that occur during a project that also represent critical success factors (CSFs) for the project? Question 14 options: Work Breakdown Structures Variance Reports Feasibility Studies Project MilestonesDevelopment of Version 2.0 of a particular accounting software product is being considered by Jose Noguera's technology firm in Baton Rouge. The activities necessary for the completion of this project are listed in the following table: Total Cost Normal Time Crash Time Normal with Immediate Activity (weeks) (weeks) Cost Crashing Predecessor(s) $2,200 $2,100 $2,900 $2,900 A 4 3 1 C 3 3 $500 $500 $2,500 $1,000 $3,200 $2,800 $1,375 $4,600 $2,100 8. E 6. 3 G 4 $1,600 D, E a) Based on the given information regarding the activities for the project, the project length = weeks. %3D b) The total cost required for completing this project on normal time = $ %3D c) For reducing the duration of the project by one week, the activity that should be crashed first is activity The cost of the project based on the first activity selected for crashing will increase by $ d) The maximum weeks by which the project can be reduced by crashing = weeks. %3D Total cost of crashing the project to minimum (or…
- in 5-7 sentences What are the characteristics of an ERP?Consider a construction project with the following data on precedence relationships, durations, and costs: Activity Immediate predeccessor (s) Normal Time (days) Normal Cost ($) Crash Time (Days) Crash Cost ($) A - 6 120 4 170 B - 4 120 2 220 C A 3 195 2 270 D A 4 320 2 520 E B, C 7 700 4 1075 F D, E 5 650 2 1100 G E 10 1600 6 2300 F and G are the terminal activities of the project. (a) Find the critical path. (b) Find the project completion time and the corresponding cost. (c) Suppose it is required to complete the project in 22 days. Find which activities to crash and by how much, to yield the minimum project cost. 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.Florida Southwestern State College has decided to implement a new registration system that will allow students to register online as well as in person. As an IT manager, you decide to set up a JAD session to help define the requirements for a new system. The FSW organization is fairly typical, with an administrative staff that includes a registrar, student support and service team, a business office, an IT group, and a number of academic departments. Using this information, you start work on a plan to carry out the JAD session. Who would you invite to the session, and why? What would be your agenda for the session, and what would take place at each stage of the session?
- B. Please draw an activity diagram for the tour reservation. Tour Reservation Procedure 1. Booking Form To make a reservation, we will email you our Credit Card Booking Form (also enclosing our Terms & Conditions and Cancellation Policy). Please return a complete and signed form by fax or email. An incomplete or unsigned form will not be processed. Only Visa or MasterCard credit card will be accepted. We will not accept any other credit card. 2. Bookings Made Once we receive your credit card booking form, we will proceed with all the necessary reservations. If any changes are needed at this stage, for example due to changes in availability, we will ask for your approval by email first. Once everything is confirmed, a required deposit or full payment will be billed as indicated on the booking form. 3. Email Confirmation When the required deposit or full payment is received, we will complete the reservation and will email you confirmation of the services booked including confirmed…The client of a project has requested the project team to crash 8 hours of time. The table below provides the necessary information about the possible project crashing. (a) What is the crash cost for 8 hours of time-savings? (b) Assume the team calls the client and asks for a project extension, reducing the amount of time they need to crash. The project team has a $20 crash budget. Is the budget sufficient to crash 4 hours of time? Activity Normal Duration (hours) Normal Cost ($) Crash Duration (hours) Crash Cost (S) Immediate Predecessors A 2 10 2 0 None B 3 15 2 23 A C 5 25 4 30 B D 3 20 1 24 C E 6 30 4 45 C F 1 5 1 0 E G 7 35 6 50 F H 10 50 7 80 D, GYou have been hired by a website design, production, and hosting company whose new animated website designs are attracting a lot of attention and many customers. Currently employees are organized into different functions such as hardware, software design, graphic art, and website hosting, as well as functions such as marketing and human resources. Each function takes its turn to work on a new project from initial customer request to final online website hosting. The problem the company is experiencing is that it typically takes one year from the initial idea stage to the time a website is up and running: the company wants to shorten this time by half to protect and expand its market niche. In talking to other managers, you discover that they believe the company's current functional structure is the source of the problem-it is not allowing employees to develop websites fast enough to satisfy customers' demands. They want you to design a better structure. Discuss how you can improve the…