Which of the following statement is correct regarding the completion time of the project? O The project takes at least 12 months to be completed
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- What are the questions to ask to estimate the viability of a DMAIC projectquetion 1 a)What is a burn-down chart? What purpose does it serve? b)Why should a project manager be concerned with monitoring a project’s progress? c) Describe how the SPI and CPI can be used to forecast the final cost of a project?The expected times and variances for the activities for a project for Test Marketers, Inc. are given below. (Assume time is provided in days.) ID 12345678 Description Pilot production Select channels of distrib. Develop mktg. program Test market Patent Full production Ad promotion Release Predecessor None None None 1 1 4 3 2,5,6,7 t₂ 6 7 4 4 10 16 3 2 Varlance [(b-a)/6]² 34225221 10
- How to Plan, direct and coordinate IT projects to ensure effectiveproject control including scope changes and project risks?ces Mailings Po V ates) EE E AL Review View Tell me $ Text Predictions: On 4 BIU 1. Evergreen Company wants to construct a new office building. The company has contracted a construction management contractor for this project. Given below are the details of a construction project. ✓ ✓ ✓ % Activity A 5 B C D ¶ E F — a) Construct the project network (AON) diagram for Evergreen Company and list all possible activity paths and their duration. b) Determine Evergreen Company's critical path(s). What is the duration of project competition? c) Determine the ES, EF, LS, LF, and floats for each activity. d) Construct a Gantt chart for Evergreen Company's project. AaBbCcDdEe Normal A STR 6 Predecessor(s) Duration (days) 1 2 A A B B, C E AaBbCcDdEe No Spacing !!! 3 2 1 1 & 7 E Do AaBbCcL AaBbCcDd AaBb AaBbCeDdE Heading 1. Heading 2 Title Subtitle * 00 8 I 9 Focus ( ) 0 Comm > St FAngel healthcare Ltd., has 2 investment opportunities, each costing $120000 and each have expected profit as shown below: Years Project "A' Project "B' ($) ($) 1 40000 30000 2 30000 40000 3 20000 35000 4 15000 30000 Year 1 2 3 PVIF @ 10% 0.909 0.826 0.751 4 0.683 Compute NPV & Profitability Index, Suggest which Project to be preffered at 10%cost of capital
- SAQ 3: For the present, construct the appropriate network diagram representing this data. Include "Start" and "End" activities as appropriate. Activity Duration Preceding Activity Start A 5 4 C 6 A E 5 B F 6. С, D End Е, F 2.PT ABC is responsible for planning and organizing sales management training program for the year of 2009. The planning for the event can be described with the table below Event Predecessor Event a (Optimistic) m (normal) b (pessimistic) A - 1.5 2.0 2.5 B A 2.0 2.5 6.0 C - 1.0 2.0 3.0 D C 1.5 2.0 2.5 E B;D 0.5 1.0 1.5 F E 1.0 2.0 3.0 G B;D 3.0 3.5 7.0 H G 3.0 4.0 5.0 I F;H 1.5 2.0 2.5 Questions : A) Specify the PERT Network for this project B) Specify the critical event and critical timeThe following table shows the various activities of the development of a new product in your organization. Activity Event Immediate Predecessor(s) Estimates of Activity Duration (Weeks) Optimistic (To) Most Likely (Tm) Pessimistic (Tp) Average (Te) 1 A - 2 3 4 ? 3 2 B A 1 2 3 2 3 C A 1 2.05 4 2.2 4 D B 4 5 6 5 5 E B 3 4 5 4 6 F C 2 3 4 3 7 G D 1.2 2 4 2.2 8 H E,F, G 3 4 6 4.167 9 I H 3 4 5 4 10 J I 2 1 3 1.5 Questions: Draw the PERT network from the given data. (
- Using PERT, Adam Munson was a ble to determinethat the expected project completion time for the construction ofa pleasure yacht is 21 months, and the project va riance is 4.a) What is the probability that the project will be completed in17 months?b) What is the probability that the project will be completed in20 months?c) What is the probability that the project will be completed in23 months?d) What is the probability that the project will be completed in25 months?e) What is the due date that yields a 95% chance of completion?PT ABC is responsible for planning and organizing sales management training program for the year of 2009. The planning for the event can be described with the table below Event Predecessor Event a (Optimistic) m (normal) b (pessimistic) A - 1,5 2,0 2,5 B A 2,0 2,5 6,0 C - 1,0 2,0 3,0 D C 1,5 2,0 2,5 E B;D 0,5 1,0 1,5 F E 1,0 2,0 3,0 G B;D 3,0 3,5 7,0 H G 3,0 4,0 5,0 I F;H 1,5 2,0 2,5 Questions : A) Specify the critical event B) Specify the critical timeCritically assess and comment on the success of the project from the followingviewpoints aline with a project To enhance Sports development by providing assistance to sports clubs and teams in St. Catherine North Central by providing them with the necessary gears and equipment for whichever Sporting disciple that they may part-take in. c. Level or degree of customer/user satisfaction of results and outcomesd. Value created for the organization.