Give handwritten solution. 2. As a result of a bank merger, two financial processing software systems must be integrated.The "systems integration team" has come up with the following tasks, their predecessorrelations, and estimates for task durations and crash costs:Normal timeABCDEFGHActivitye.f.ImmediatePredecessor(s)-AAB,CCDD.EF.G15910.3910107Crash time10863787Normal cost($)900800250040002000150010002000Crash cost($)3900110035004000280024001200a. Draw the project network.b. Identify the critical path(s).C. Find the total project completion time and total project cost using the normal times.d. Find the total project completion time and total project cost if the project must be completed twoweeks early.Find the shortest time in which the project can be completed.Find the crashing schedule that minimizes total project cost.2000

As per Bartleby guidelines, we can only solve the first three subparts of one question at a…

Answered: a. Draw the project network. b.…

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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Q6:write briefly but relevant answer a) PERT and CPM b) Risk Management and its types.
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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).
Create a risk matrix for this project:Event Cost ($000) ProbabilityEquipment breakdown 40 .20Vendor is late with key segment 200 .60Subcontractor has labor issues 140 .30Weather problems 15 UnknownFunding delays 50 .40 to .60Testing delays 20 .40Explain your reasoning for your placement of the events Weather problems and Funding delays.
The following precedence diagram reflects three time estimates for each activity. Determine: Use Table B1 and Table B2. 9-10-12 3 8 5-7-10 8-10-14 11-12-13 6 11 14-18-26 10.5-13-15.5 10 8-8-8 1 5-6-7 2 4 13-13-13 7 7-10-12 a. The expected completion time for each path and its variance. (Round intermediate calculations to 4 decimal places and final answers to 2 decimal places.) Path Mean Var. Std. Dev. 1-2-3-8-11 37.33 1-2-4-6-11 43.00 5.11 1-2-4-7-11 0.81 1-2-5-9-10-11 46.83 1.25 9-9-9 10-11-12 10-12-14
IT PROJECT MANAGEMENT:EX 2.4 You have a project to be completed in 12 months, and the budget of the project is R100, 000. 6 months have passed, and R60, 000 has been spent., but on closer view you find that only 40% of work has been completed so far. Given in question : Actual cost (AC) =R60 000 Earned Value (EV) =40% of R100 000 =R40 000 Find the project's cost varience (CV) and determine if you are under budget or over budget.
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EX6-12 (Algo) You are creating a customer database... You are creating a customer database for the Lehigh Valley IronPigs minor league baseball team. Given the information below, complete the forward and backward pass, compute activity slack, and identify the critical path. How long will this project take? ABCDACHSX K L Description Systems Subsystem A design Subsystem B design Subsystem C design Program A Program B Program C Subsystem A test Subsystem B test Subsystem C test Integration Integration test days. Predecessor None A A A B с D E F G H, I, J K Time (days) 7 3 1 3 5 15 5 3 3 5 3
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How to Plan, direct and coordinate IT projects to ensure effectiveproject control including scope changes and project risks?

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a. Draw the project network. b. Identify the critical path(s). C. Find the total project completion time and total project cost using the normal times.