Given the cost control graph for a project show below, calculate the cost performance index (CPI).
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- The table below contains information about an environmental clean-up project in the township of Hiles. Shorten the project three weeks by finding the minimum-cost schedule. Assume that project indirect costs and penalty costs are negligible. Identify activities to crash while minimizing the additional crash costs. . Normal Time Crash Time Cost to Crash Immediate Activity (weeks) (weeks) Predecessor(s) (S per week) 300 A 4 None None B 4 50 C 6. 300 250 A E 1 B. C.D D, E 4 200 H. 4 2 200 2. Fill in the table below with the activity times after crashing to show the resulting schedule. (Enter your responses as whole numbers.) 777ew Assessment X G As an independent pro x vle.phoenix.edu/ultra/courses/_386284_1/grades/asse X The project you have been hired to turn around is one that was started 18 months ago and was managed by the then-director of customer service, who, after 20 years, has left for another opportunity. This project, like other projects at the company, is floundering. It is already six months behind schedule and over budget, and it lacks commitment from the four other functional groups who are key stakeholders: sales, accounting, IT, and order processing. The project you are charged with getting back on track and completing is for a new customer service system that is projected to create efficiencies, automate call center functions, and increase the quality of customer service. Use this scenario to address the following in 525 to 700 words using MS Word. 1. Assess two reasons why the previous manager may not have been the right person to run this project. The previous manager was the director of…Explain why earned value management (EVM) is not widely used in cost control and project success monitoring, and provide some speculation as to why this is the case. Following a few basic guidelines, it is possible to calculate a positive or negative cost performance index (CPI) or a schedule performance index (SPI).
- This is in reference to the AURA resedential development project, which consists of 39 high end units and this project was done by NCB Group in Grand Cayman. This is for a project management course so please answer as such. Critically assess and comment on the success of the project from the following viewpoints: Level or degree of alignment of end results and outcomes to the organization’s strategic goals. Level of success in the management of the triple constraints of time, cost, and scope. Level or degree of customer/user satisfaction of results and outcomes Value created for the organization.After six months of work on the project’s site, your company collected the following information relating to work done so far on the project BAC=$156,478.00, planned value=$95,565.24, Earned value =$92, 985.56, Actual cost =$95986.60. Calculate the cost and schedule performance indices and interpret your resultsRandall Systems in considering four projects A, B, C and D that have risks associated with the producing benefits. Based on the information given in the table below, which project is more desirable for the company? Project A Project B Project C Project D EUAW Prob. EUAW Prob. EUAW Prob. EUAW Prob. $2,000 0.2 $3,000 0.1 -$5,000 0.2 $4,000 0.4 $1,500 0.5 -$2,500 0.4 $6,500 0.5 $2,500 0.3 $3,000 0.3 $3,500 0.5 $1,000 0.3 -$2,000 0.3
- The table below contains data for the installation of new equipment in a manufacturing process for a steel corporation. Your company is responsible for the installation project. Indirect costs are $6,000 per week, and a penalty cost of $10,000 per week will be incurred by your company for every week the project is delayed beyond week 15. Activity Immediate Predecessor(s) Normal Time (weeks) Crash Time (weeks) Normal Cost ($) Crash Cost ($) A None 2 1 7,000 10,000 B None 2 2 3,000 3,000 C A 3 1 12,000 40,000 D B 3 2 12,000 28,000 E C 1 1 8,000 8,000 F D, E 5 3 5,000 15,000 G E 3 2 9,000 18,000 H F, G 8 6 14,000 32,000 Construct a network diagram for the project. What are the project completion time and the total cost under normal conditions? What is the shortest time duration for this project regardless of cost? What is the resulting total cost? What is the…The table below contains information about an environmental clean-up project in the township of Hiles. Shorten the project three weeks by finding the minimum-cost schedule. Assume that project indirect costs and penalty costs are negligible. Identify activities to crash while minimizing the additional crash costs Activity A B С D E F G H Normal Time (weeks) 5 9 4 4 3 3 Activity A B с D Crash Time (weeks) 4 8 2 2 3 3 00000 6 Cost to Crash (5 per week) 250 350 881 18889 G 250 300 200 Fill in the table below with the activity times after crashing to show the resulting schedule. (Enter your responses as whole numbers) Time according to schedule (weeks) 400 Activity F Immediate Predecessor(s) None None A A B C.D D, E F G Time according to schedule (weeks)In a recent review meeting, the client has insisted you complete the project on time. You would like to get the Estimate at Completion for your project, so you perform Earned Value analysis and get the following data: the value of the completed work is $176,500; you have spent $223,500; and the planned value is $229,100. The initial budget of the project is $419,500. What is EAC? Your answer should be rounded to the nearest whole number, for example 123,456.73 should be rounded to 123,457. A
- What is the minimum cost of crashing the following project that Roger Solano manages at Slippery Rock University by 4 days? Normal Cost $800 $200 $600 $750 $1,200 Normal Crash Activity Time (days) Time (days) 4 3 8 6 The total cost of crashing the project by 4 days is $ ABCDE 487 355 (Enter your response as a whole number.) Total Cost with Crashing Immediate Predecessor(s) $1,500 $1,650 By how many days should each activity be crashed to reduce the project completion time by 4 days? Fill in the table below. (Enter your responses as whole numbers.) Each Activity Should be Reduced BY (days) Activity A B C D E $1,100 $600 $650 A CWhat does a project’s NPV of $1,500 mean?Describe project quality management (PQM) for IT projects in terms of planning for quality, quality assurance, and quality control to continuously improve the project’s products and supporting processes. Please provide specific examples.