Man Hours: projected: 40 hours Current: 44 hours Rate: $28 per hour Current: Project Budget allotted = How to solve the Projected Budget?
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- Unlike management reserves, contingency reserves are not likely to be spent and are not part of the project's budget baseline, but they can be included in the total project budget. Question 29 options: True FalseNormal Time Problem 1 You are the manager of a project to improve a billing process at your firm. The following table contains the data you will need to conduct crashing of the project duration. Indirect costs are $1,600 per week, and penalty costs are $1,200 per week after Week 12. Activity Immediate Predecessor(s) Crash Time (weeks) Normal (Direct) Cost Crash Cost (weeks) ($) ($) A 4 1 5,000 8,000 B 5 2 8,000 11,000 C A 1 1 4,000 4,000 Ꭰ B 6 3 6,000 12,000 E B, C 7 6 4,000 7,000 F Ꭰ 7 6 4,000 7,000 What is the optimum choice for project duration?Calculate ES, EF, LS, LF and slack for the following: Activity Task Predecessor Duration A Policies - 3 B Assessment A 7 C Demonstration A 6 D Innovation C 7 E Quality control D 9 F Corrections B,E 5 G Charting D 6 H Evaluation C,E 4 I Cost analysis B 2 J Manufacturing F,G,H,I 6 K Sales J 3
- A new order filling system is needs to be installed as soon as possible. The following activities need to be completed in the order shown below. Also provided is the cost information to reduce the normal activity times. 4. Activity Crash Normal Crash Immediate Predecessors Normal Time Time Cost ($) Cost ($) A 7 5 2000 3500 --- В 10 8 3000 5700 A 8. 7 3000 3800 A D 6. 4 1600 2600 C E 7 4 2000 4100 3 1200 2800 D, E В, С F, G G 11 8 8200 10900 H 4 3 2600 4800 Crash the project to 25 days. What will the total crashing cost be? а. b. с. What activities will be crashed?Teloxy Engineering (A) Teloxy Engineering has received a onetime contract to design and build 10 000 units of a new product. During the proposal process, management felt that the new product could be designed and manufactured at a low cost. Some members felt that it would be more economical to purchase the product for R200 each in the marketplace, with an extra R20 per unit handling of the 10 000 units. The Management team set up a meeting with the manufacturing team to see if they can manufacture the component at a cheaper price than buying it from the outside. The manufacturing team informs them that it can produce a maximum of 10,000 units, just enough to fulfil the contract. The setup cost will be R100 000 and the raw material cost is R120 per component. Since Teloxy has never manufactured this product before, manufacturing expects the following defects: % defective 10 20 30 40 Probability of occurrence (%) 10 20 30 25 15 All defective units must be removed and repaired at a cost…You are in charge of a project at the local community center. The center needs to remodel one of the rooms in time for the start of a new program. Delays in the project mean that the center must rent other space at a nearby church at additional cost. Time and cost data for your project are contained in 7.10. Your interest is in minimizing the cost of theproject to the community center.a. Using the normal times for each activity, what is the earliest date you can complete the project?b. Suppose the variable overhead costs are $50 per day for your project. Also, suppose that the center must pay $40 per day for a temporary room on day 15 or beyond. Find the minimum-cost project schedule.
- Three point estimates and bottom up estimating are used in developing: (select one correct answer) Schedules Risks Cost estimates ScopeNOT WRITING ASSIGNMENT Case Scenario Two companies are collaborating to provide children with snacks and game during the times (3-5pm). This includes seeting up and giving the children snacks and activities to do. create a SWOT analysis for this event - Just formulate any thing that could be generalcan u get the bcwp, bcws, schedule performance index, cost performance index (in a table) 58 weeks time framework completion= not yet started
- Given the data for a project in table Q3, using the following assumptions: 1. 8 hours as working day 2. The company will work all days. 3. Maximum number of workers available per day is 6 4. Activities cannot be break down 5. Budget will distributed equally per day, except for activities (B, H and L), the payment will be after two days of working: means that the first payment will be at the end of day2, then day four and so on. 6. They estimate that the work will starts on the first of November 2017 Develop a report containing the followings: Date of finish BAD O GYEK 1. 2. Early start and Slack time for each activity 3. Resource histogram 4. Cumulative Budget baseline curve 5. Interpret the final report co Table Q3 Duration (Hrs) No of Workers Budget Activity predecessor A None 48 12000 64 32000 C 16 10000 32 4. 12000 B,C 32 8000 B,C 16 6000 G B,C 16 4 10000 H. 64 16000 3. 16 4000 32 1 12000 K 32 3 16000 H. 48 1 12000 Total Budget of RM150000Activity Predecessor Activities Normal Crashed Duration (Days) Cost ($) Duration Cost ($) KA - 5 2000 3 5600 LB - 7 3000 4 7800 MC A 10 4000 7 6100 ND AB 11 5000 8 8000 PE B 6 2400 4 3600 RF C 8 3000 6 5100 QG C,D,E 4 4200 1 3000 SH E,G 5 5500 3 2500 What is the ES for Activity G and and LS for activity F?What is meant by the need to make trade-offs between cost, performance, and schedule? Give examples.