a. The minimum project duration b. The amount of slack for each activity c. The total cost for completion of the project
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- You are the project manager of the softwaration project in the table below. You would like to find the minimum-cost schedule for your project. There is a $500-per-week penalty for each week the prop delayed beyond week 25. In addition, your project team determined that indirect project costs are $2,000 per week. 9 Normal Activity Immediate Predecessor(s) Time (weeks) 1 A B C D E F G H 1 a. What would be your target completion week? The target completion week is week A A, B B D E. F G C.F (Enter your response as an integer.) b. How much would you save in total project costs with your schedule? Total Savings S (Enter your response as an integer) 79832N 10 12 8 Normal Cost (S) 3,000 3,000 10,000 3,000 4,000 2,000 3,000 5,000 2,000 Crash Time (weeks) 1 58829136 Crash Cost ($) 3,000 6,000 12,000 9,000 5,000 5,000 9,000 7,000 8,000Project Scope Management Khan, (2006) (see below) states that, "Managing the scope of a project is the most important function of a project manager ... Effective scope management of a project also ensures the success of key completion areas, including time, cost, and quality. Project scope management can be further subdivided into its components which include: project initiation, scope planning, scope definition, scope verification, and scope change control." Based on your Integrated Project: Select two of the subdivisions above and discuss the primary issues that could arise from the process. Your response should begin with a definition of the selected subdivision before detailing the selected processThe expected number of days to completion for a different project is E(x) = 3.32 The variance of days to completion is var(x) = 1.22 The project cost involves A fixed cost (in thousands of dollars) of FC = $83.783 A variable cost for each day taken to complete the project ($000) VC = $9.774 15 The variance of project cost is ________. a 116.548 b 113.153 c 109.858 d 106.658
- There are four critical paths in a network. A-B-C-D-E, A-F-G-E, A-H-J-K-L-E and A-S-T-E. Activties G, H, J, K, S and L can be crashed by 125 days. The maximum possible reduction in the project duration will be: a. Insufficient information b. 250 days c. 125 days d. 0 days e. 750 daysThe expected number of days to completion for a different project is E(x) = 3.32 The variance of days to completion is var(x) = 1.22 The project cost involves A fixed cost (in thousands of dollars) of FC = $83.783 A variable cost for each day taken to complete the project ($000) VC = $9.774 14 The expected value of the project cost is $_______ thousand. a 109.364 b 112.746 c 116.233 d 119.828you decide to estimate duration and standard deviation of a project using PERT method. the project has 3 steps the following are the optimistic, most likely and pessimistic durations in weeks:step 1: 2,5,10Step 2: 1,3,13Step3: 7,8,11,what is the estimated duration and standard deviation of the project duration?Estimated Duration =16 standard Deviation =4.9Estimated Duration =18 standard Deviation =4.9Estimated Duration =18 standard Deviation =2.49Estimated Duration =16 standard Deviation =24
- From the following data, calculate BAC, BCWS, BCWP, ACWP, EV, CV and SV when the Status Checking Date is May 5, 2017. Is the project over or under budget? By what percentage? Is the project behind or ahead of schedule? By what percentage? Project Status Status Checking Date 5/5/2017 Actual Effort Estimated Actual Completion Estimated Work Effort by Status Checking Date Completion Date Tasks Date (mm/dd/yy) (mm/dd/yy) (Person Days) (Person Days) 10 2/5/2017 2/5/2017 15 20 3/15/2017 3/25/2017 20 25 4/25/2017 4. 25 25 5/5/2017 4/1/2017 15 10 5/25/2017 10 5 6/10/2017 7 5 6/15/2017 HTML Editor 2. 3. 5.The following table shows estimates of activity times (in weeks) for a project: b. What is the probability that the project will be completed within 33 weeks? c. What is the probability that the project will be completed in more than 34 weeks? Activity d. What is the probability that the project will be completed in 35 weeks? ABCDEFG А G Optimistic Most Probable Time Time 5 6 3.5 4 3 6 7 5 9 4 6.5 Suppose that the critical path is A-C-E-F-G. Use Appendix A to answer the questions. Do not round intermediate calculations. Round your answers to three decimal places. a. What is the probability that the project will be completed within 36 weeks? 6 10.5 Pessimistic Time 7 4.5 5 10 9 7 15The following bar chart shows the activities for a project. The total project cost is $1,545. Time (weeks) 6 7 Total Activity Cost 2 3 4 8 | 9 10 A $120 В $35 $80 D $270 E $60 F $180 $270 $90 G J $160 K $60 L $220 $1,545 After three weeks, Activities A, C, E, half of B, quarter of F, and two thirds of H are completed for a cost of $435. At this point in time (three weeks after the start date), what is the status of the project in terms of budget (over or under budget) and schedule (ahead or behind schedule)? Use SPI and CPI to determine your answers.
- A project has four major activities. Activity A precedes activity B, activity C precedes activity D. 3-point estimates for activities are A(4.5, 9, 13.5 ), B( 2.5, 5, 7.5 ), C( 3, 3, 3 ), D( 3, 3, 3 ) weeks. What probability would you assign to a project duration of more than 14 weeks? a. 0.5 b. 0.1951 c. 1 d. 0.8175A project is scheduled to complete in six months duration. There are two activities in the project. The actual cost of Activity 1 is SAR 300,000 and that of Activity 2 is SAR 200,000. The planned value of these activities is SAR 280,000 and 150,000 respectively. On reviewing, the current project status is Activity 1 is 100% completed and Activity 2 is only 75% completed. (i) Perform the earned value calculations of the above project scenario and fill the given table. Activity Month 1 Earned Value Planned Value Actual Cost Cost Variance Scheduled Variance Cost performance Index Schedule performance Index (ii) What do you infer about the project schedule and cost based on your calculations?A project is scheduled to complete in six months duration. There are two activities in the project. The actual cost of Activity 1 is SAR 300,000 and that of Activity 2 is SAR 200,000. The planned value of these activities is SAR 280,000 and 150,000 respectively. On reviewing, the current project status is Activity 1 is 100% completed and Activity 2 is only 75% completed. (i) Perform the earned value calculations of the above project scenario and fill the given table. (ii) What do you infer about the project schedule and cost based on your calculations? Earned Value Planned Value Actual Cost Cost Variance Activity Scheduled Variance Cost performance Index Schedule performance Index Month 1