A construction project is broken down into the following 8 activitiesutlineActivityImmediate predecessorTime (days)mentsnts4BA4.C.3.B,DHFG6.2.2. (d) Suppose you want to shorten the completion time as much as possible and you have the option ofshortening activities B, F, and G for one day each. Which would you shorten?O Cannot reduce any activityO Activity FO Activity GActivity B

Activity Activity time Immediate Predecessor(s) A 4 - B 2 A C 4 A D 3 C E 5 B,D F 6 D…

Answered: (d) Suppose you want to shorten the…

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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++ Earned value analysis is the project management tool that is used to measure project progress. You are a project manager in company XYZ that responsible to handling the packaging machine project with the total cost budgeting is RM100,000. There are including RM24,000 (Design), RM60,000 (build) and RM16,000 (install & test). The information regarding on the project progress development in weeks 8 as shown in Table 2 below: Table 2 No 1 2 3 Type Cumulative Budgeted Cost (CBC) Cumulative Actual Cost (CAC) Cumulative Earned Value (CEV) TOTAL RM 64,000 68,000 54,000 100,000 Percentage 64.0 68.0 54.0 100.0 a) With the aid of a typical S-curve diagram, draw and explain the four cost-related measures such as TBC, CBC, CAC and CEV to analyses the overall project cost performance.
The expected times and variances for the activities for a project for Test Marketers, Inc. are given below. (Assume time is provided in days.) ID 12345678 Description Pilot production Select channels of distrib. Develop mktg. program Test market Patent Full production Ad promotion Release Predecessor None None None 1 1 4 3 2,5,6,7 t₂ 6 7 4 4 10 16 3 2 Varlance [(b-a)/6]² 34225221 10
1.You’re managing a project to install 400 windows in a new skyscraper and need to figure outyour budget. Each week of the project costs the same: your team members are paid a total of $4,000every week, and you need $2,000 worth of parts each week to do the work. If the project isscheduled to last 16 weeks, calculate theBAC, PV, EV, AC, SPI, SV, CPI, SPI, CV for the project? 2.You’re managing a highway construction project. Your total budget is $650,000, and there isa total of 7,500 hours of work scheduled on the project. You check with your accountingdepartment, and they tell you that you’ve spent a total of $400,000. According to the schedule,your crew should have worked 4,500 hours, but your foreman says that the crew was allowed towork some overtime, and they’ve put in 5,100 hours of work. Calculate theBAC, PV, EV, AC, SPI, SV, CPI, SPI, CV for the project?
also determined that if there are no resource constraints, the project should be complete in 30 working days. Table Q6-1: Precedence Relations and Durations for a Nine Activity Project Activity Predecessor ID A B C D E F G H I DABCDEF ID Description Site clearing Removal of trees General excavation Grading general area Excavation for trenches G H I Placing formwork and reinforcement for concrete Installing sewer lines Installing other utilities Pouring concrete Required 2 2 2 2 2 2 2 2 4 0 0 None None A A B,C B,C D,E D,E F,G 4 4 12 12 21 21 24 Table Q6-2: Resources Required and Starting Times for a Nine Activity Project Activity Workers Earliest Start Time Latest Start Time 0 9 4 15 13 2222 12 25 24 Duration (days) 4 3 [Total 2000 w 8 7 9 12 2 5 6 Given that only four workers are available for the project, determine the shortest possible time in which you can undertake this project. Draw a Gantt chart to show how you have arrived at your final schedule.
What is the minimum cost of crashing the following project at Sawaya Robotics by 4 days? NORMAL CRASH TIME (DAYS) TIME (DAYS) NORMAL COST 8 6 6 4 ACTIVITY Design (A) Wiring (B) Chip install (C) Software (D) Testing (E) 8 5335 400 1,000 600 1,000 1,100 CRASH COST 450 1,100 700 1,300 1,625 IMMEDIATE PREDECESSOR(S) A, B C The minimum cost of crashing the following project at Sawaya Robotics by 4 days is $900 (enter your response as a whole number).
Chuck’s Custom Boats (CCB) builds luxury yachts to customer order. CCB has landed a contract with a wealthy customer. Relevant data are shown in the table below. The complication is that the customer wants delivery in 32 weeks or he will impose a penalty of $375 for each week his yacht is late. Activity Immediate Predecessor Normal Time (NT) Weeks Crashing Cost 1st Week 2nd Week A ― 9 $410 $415 B A 7 125 -- C A 5 45 45 D B 4 300 350 E C 6 50 -- F D, E 5 200 225 G F 8 -- -- H F 7 85 90 I G 6 90 -- Construct a network diagram for the project Indicate the critical path when normal activity times are used. Develop a crashing schedule. Note: No activity can be crashed more than two weeks. Show breakdown of work
Dave is the project manager for a construction project that is building agazebo. When the project first started, he met with the stakeholders to definethe scope. The sponsors mentioned that the gazebo is a really important partof their daughter’s wedding ceremony that was planned for 7 months fromthen. In fact, they said that if the gazebo couldn’t be completed in 7 months, itwouldn’t be worth it for them to even start the project. Dave wrote down the7-month deadline to put in his Project Scope Statement. In which section ofthe document did the deadline appear?”A. Project ConstraintsB. Project DeliverablesC. Project ObjectivesD. Project Assumptions Which of the following is a “hygiene factor” under Herzberg’s Motivation-Hygiene Theory?A. Recognition for excellent workB. Self-actualizationC. Clean clothingD. Good relations with coworkers and managers
Mailings Review View me E E • E = AaBbCcDc Aa AaBbCcDdEe AaBbCcDdEe Normal No Spacing Heading 1 Paint Window Install Sills (2) Windows (2) Remove Siding Add New Siding Paint Exterior (2) (4) (2) 1 Install Interior (2) Remove Floor (1) 4 Install New Floor (4) Instructions: The network diagram above (activity on arrow) shows the activities needed to complete a project to remodel a storage shed. The activities are listed as well as the time (in days) it will take to complete them. Use this information to find the following values for each of these activities: early start time, early finish time, late start time, late finish time (Probably best to do in an Excel file). Based on this, find the slack time for each activity and identify the critical path. 2.
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
Map s ipral model on any simple project
An R&D project in a company is working on a project to make a sample product to be displayed at an international fair in Las Vegas held in 18 months. With additional equipments, the company can make sure they make the sample in 18 months. Develop an optimal crashing time-cost solution to help the company in this project to be ready on time for the fair. C, 4 B, 3 А,5 H,7 D, 3 F, 9 G, 2 Cost per month Activity Normal Time to crash 9,000 4,000 6,000 4,000 2,000 5,000 2,000 9,000 A В C 4 E F 9. G 2 H 7 Duration Path Activity to crash (months) АВСН ADEH FGH
M Inbox (102) - kellyca6@miamioh. X M Inbox (14) - christopher 10kelly@x ✰ miamioh.instructure.com/courses/190424/assignments/2380311 Proj 1 - Prj Mgt-1.docx 5 B Assignments Project #1 Project #1 Activity A B с D E F G H I J K L M N O P Q R X A group of developers is building a new shopping center. A consultant for the developers has developed the following table of activities, durations and predecessors. Determine the earliest start times and finish times, latest start and finish times, activity slack, critical path and duration for the project. There is a Bonus for finishing the project at 90% of the projected date. The bonus for early completion is $50,000. Which activities should be crashed, if the cost for 1 week reduction, for any activity, is $3500 per week, and what is the total cost of crashing? And, Net Bonus, if any. Description Award Kick-off Contract for Crew/Mach Purchase Material Excavation Build Foundation Electrical - Outside Paving Lighting - Exterior Electrical -…

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(d) Suppose you want to shorten the completion time as much as possible and you have the option of shortening activities B, F, and G for one day each. Which would you shorten? Cannot reduce any activity O Activity F O Activity G O Activity B