Define and describe the resource optimization technique listed below. Include in your descriptions the impact each technique may have on the project's duration. Resource leveling Resource smoothing
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Define and describe the resource optimization technique listed below. Include in your descriptions the impact each technique may have on the project's duration.
- Resource leveling
- Resource smoothing
Project management is the management in which different types of knowledge and skills are needed to produce valuable products or services for customers.
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- Based on the provided information: a) Develop an optimization model to help the manager allocate the optimal number of hours for each task. b) Express the developed model in its standard form.An electricity power plant was redesigned so that the old system consisting of a single large display screen which could be seen by all of a team of three operators was replaced by individual workstation screens for operators. This worked well until there was a problem which resulted in dangerous gases being released. The team of operators had great difficulty in finding the source of the problem and deciding what to do. Because they no longer have access to all the information, they have to spend time explicitly co-ordinating their understanding of the situation by talking to each other. Under the old system, the knowledge would be shared – one operator would know what was happening with another’s area of the plant without explicit communication. Although the team’s individual responsibilities would still have been clearly divided, the knowledge of the system would be shared. How could the new system of individual workstations be modified to make better use of distributed cognition?2-Al Madena Cements focus much on the quantity of resource consumed by each and every activity of the company to assign the cost of a resource to an activity or cost pool. The measure of the quantity of resource consumed by an activity.is known as: a. Resource cost driver b. Resource cost driver c. Cost Object d. None of the given options
- Consider a project with seven tasks. Three tasks – tasks 3, 4, and 5 – require a specific resource for completion; all needed resources must be available at the site before a task can be started. Task Duration Predecessor (s) Units of Value of Resource Completed Task Needed 3 3 10 $4000 3 1 10 S3000 3 12 $5000 1 4 7 2, 5,6 Each resource unit cost $100; no quantity discounts are available. In addition, it costs $2 per unit per time period to hold this resource in stock, and it costs $45 just to place an order for materials (independent of the number of units ordered). When should each task in the project be started and when and how many resources should be ordered to minimize total project costs? 1. 1, en en 1. 2. enUse the following network and the data to perform the following: a) Prepare the manpower loaded Gantt chart with total floats of this project using early start and late times. Plot the manpower resource profile that shows the total number of laborers per day over the course of the project. Prepare the Gantt chart and the resource profile using the early start and finish dates of activities (not necessary to produce the late start and finish charts). b) Level the manpower resource given the constraint that the owner has only 14 workers to allocate to this project per day. Please try to do in excel. ThannksData concerning three of the activity cost pools of Salcido LLC, a legal firm, have been provided below: Activity Cost Pool Researching legal issues Meeting with clients Preparing documents Total Cost Total Activity $ 20,780 $ 1,174,173 $ 92,140 660 research hours 7,293 meeting hours 5,760 documents The activity rate for the "meeting with clients" activity cost pool is closest to: Multiple Choice $90 per meeting hour $71 per meeting hour $161 per meeting hour $1,174,173 per meeting hour
- Three jobs are to be assigned to three machines. Costs for each job-machine combination appear in the table below. Find the total cost using the assignment method. Machine A Machine B Machine C Job 1 11 14 6 Job 2 8 10 11 Job 3 9 12 7 Choose the correct answer: A) 25 B) 28 C) 29 D) 21 E) 34Case: Selecting a ProgrammerMarie Pendergrass has been a data processing supervisor for two years. She is in the process of selecting a candidate for a programmer trainee position she has created. Her plan is to develop the trainee into a systems analysis within two years. Since this is a fast track, she needs a candidate whose aptitude and motivation is high.Fourteen candidates applied for the job in the employment section of the personnel department. Six were women, eight were men. An employment specialist screened the candidates for Mary, using a carefully prepared interview format that included questions to determine job-related skills. Six candidates, three women and three men, were referred to Marie.Marie then conducted structured, in-depth interviews and further narrowed the selection to one woman and two men. Her boss, a company vice-president, agrees wither judgment after hearing Marie’s description of the candidates. However, Marie’s boss feels particularly unsure of the…Farihah is a project manager for a systems development project involving a new database application for her organization’s human resources department. Despite Farihah’s best efforts at estimating the time requirements for the project, the team has missed the deadline for completing the Analysis Phase and producing the System Proposal. Farihah had estimated during her 6-week Planning Phase that Analysis would require 2 months, but the team finished the System Proposal 2 weeks behind their planned target date. Based on her discussions with the team members, Farihah believes that the system is more complex than she originally thought. Should Farihah adjust her timeline, or can she try to make up for the lost two weeks? Farihah needs your advice.
- The table below contains data for the installation of new equipment in a manufacturing process at Excello Corporation. Your company is responsible for the installation project. Indirect costs are $12,000 per week, and a penalty cost of $6,000 per week will be incurred by your company for every week the project is delayed beyond week 12. Activity A B с D E F G Immediate Predecessor(s) AB Activity A B с D A C D, E E Normal Time Crash Time (weeks) (weeks) 3 1 2 2 1 3 4 1 6 3 Time according to schedule (weeks) 1 a. What is the shortest time duration for this project regardless of cost? The shortest project duration regardless of cost is 9 weeks. (Enter your response as a whole number.) b. What is the minimum total cost associated with completing the project in 12 weeks? The minimum total cost to complete the project in 12 weeks is $ 203500. (Enter your response as a whole number.) c. What is the total time of the minimum-cost schedule? (Enter your responses as whole numbers.) The total…Baha is a professional Chemical Engineer. He has been appointed as the department manager for an upcoming large chemical process plant that will be designed and constructed by the organization that he is currently attached to. Baha's responsibilities will include organizing the process unit staff and overseeing the project designers' sketch plans to ensure that the new plant will be designed safely, operable and maintainable. After the construction, he will then be responsible to start up the plant. From experience, Baha noted that a new type of valve sold by a newer supplier could be used in place of more common gate valves sold by established suppliers. In any case, the new valve was less expensive and often gave a tighter shut-off than the current gate valve used by his organization. Thus, Baha convinced the project designers to add more of these new valves to the design of the process unit. His decision improved safety because more flows could be shut off instantaneously in an…The table below contains data for the installation of new equipment in a manufacturing process at Excello Corporation. Your company is responsible for the installation project. Indirect costs are $12,000 per week, and a penalty cost of $8,000 per week will be incurred by your company for every week the project is delayed beyond week 12. Activity Immediate Predecessor(s) A B с D E F G || D, E Normal Time Crash Time Normal Cost (weeks) ($) 3 7,000 2 3,000 3 12,000 4 12,000 1 8,000 6 5,000 3 9,000 (weeks) 1 2 1 3 1 4 2 D Crash Cost ($) 14,000 3,000 40,000 22,000 8,000 13,000 16,000
