etermine the EAC.
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- b) Outline the possible sources of cost and time over-runs at different stages of a typical project.Build a PERT Analysis for a 3-month project with 6 activities (A to F) and 5 nodes2. a) The activity shown in Table Q2 (a) are processes carried out in a mechatronic company. Based on the table provided, (i) Determine the Critical Path and Project Duration to complete the process. ii. Activity F cannot start immediately after activity C. The delay is expected to be 7 days. Determine by stating the possible problem, Critical Path and Project Duration to complete the process.
- You lead a family day project for welcoming the arrival of the new students to the campus. The accompanying Table 1 shows the activities, times and sequences required for the project planning and monitoring. Table 1 Activities Immediate Predecessors Time (In Days) A 9 А A 9 D B,C 6 E В, С 7 D 10 G 12 H. F,G 8. Based on the Table 1, using Critical Path Method (CPM) diagram, determine the ES, EF, LS & LF, identify the critical activities, critical path and the expected project completion time.You have been assigned a project and in your preliminary planning you have developed table 2 below, it outlines eight activities (A to H) that must be completed. For each activity you have obtained the estimated duration, cost per day and the prior task(s). Activity A B с D E F G H Z Duration (days) 3 4 12 6 16 15 Cost/week ($) 2500 6000 3000 10000 15000 10000 7 8 0 Prior Tasks None B, D C, E E, F,G 0 All *Assume that there are five (5) workdays in each week Table 2 2000 2500 A A, B A, B D Using the information provided: a) Create a network diagram for the project. b) Construct a Gantt Chart for the project. c) Determine the minimum time in which the project can be completed. 1The table below contains data for the installation of new equipment in a manufacturing process a Excello Corporation. Your company is responsible for the installation project. Indirect costs are $10,000 per week, and a penalty cost of $9,000 per week will be incurred by your company for every week the project is delayed beyond week12. Activity Immediate Predecessor(s) ABCDEFG long dash- long dash- ABCDEFG A B C D, E E Normal Time Crash Time Normal Cost Crash Cost (weeks) (weeks) ($) ($) 1 14,000 2 3,000 1 40,000 3 22,000 1 8,000 4 13,000 2 16,000 3234 1 6 63 7,000 3,000 12,000 12,000 8,000 5,000 9,000 a. What is the shortest time duration for this project regardless of cost? (Enter your response as a whole number.) b. What is the minimum total cost associated with completing the project in 12 weeks? C. What is the total time of the minimum cost schedule? (enter your response as whole numbers). The total project's duration according to minimum cost schedule is? The minimum cost schedule…
- please help, project management 1) Given the following information for a one-year project, answer the following questions. Recall that PV is the planned value, EV is the earned value, AC is the actual cost, and BAC is the budget at completion. PV=$22,000 EV=$20,000 AC=$25,000 BAC=$120,000 a) What is the cost variance, schedule variance, cost performance index (CPI), and schedule performance index (SPI) for the project? Show your calculations. b) How is the project doing? Is it ahead of schedule or behind schedule? Is it under budget or over budget? Explain. c) Use the CPI to calculate the estimate at completion (EAC) for this project. Is the project performing better or worse than planned? Explain. d) Use the SPI to estimate how long it will take to finish this project. e) Sketch the earned value chart for this project. 2) Write a one-page summary explaining how is project cost management different when using an Agile approach? Make sure to document any cited references.What are the core principles of the RAD (Rapid Application Development) system model approach, and when is it suitable for a project?After the decision was made to start the construction, the hospital management had to make through follow-up with the engineering department to make sure everything is aligned and that project variables like user expectations were fulfilled. However this was not enough additional criteria need to be satisfied like * Time schedule O Product Quality O All the answers Cost of the software
- What is the importance of variance analysis to project managers? Give 2 examples.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 RM150000You lead a family day project for welcoming the arrival of the new students to the campus. The accompanying Table 1 shows the activities, times and sequences required for the project planning and monitoring. Table 1 Activities Immediate Predecessors Time (In Days) A 9. -- В A A 9. B,C 6. E В, С 7 F D 10 E 12 H F,G Based on the Table 1, using Critical Path Method (CPM) diagram, determine the ES, EF, LS & LF, identify the critical activities, critical path and the expected project completion time.