The ARC Company specializes in developing and selling a wide range of high-quality scooters. Sales representatives report that there is a growing demand for racing scooters. ARC’s president, Robin Lane, is excited about the possibilities and predicts that one day these kinds of razor scooters will be featured in X-Game events. ARC is a small company and uses a strong matrix to optimally utilize limited manpower.
The Project Priority Matrix for the Blue Zuma Project is:
Time Scope Cost
Constrain X
Enhance X
Accept X
Part 1
You are a member of a project team assigned to develop the new razor scooter code named “Blue Zuma.” Table A2.5 contains the information necessary to create a project schedule. For the purpose of this case
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Explain your choices as well as the reasons for not choosing other options.
2. How have these changes affected the sensitivity of the network?
Include a Gantt chart with a schedule table presenting the new schedule.
Note: You cannot go back and relevel resources. These new resources are only available for the stated specific tasks according to the schedule created at the end of Part 2.
Part 4
Robin Lane and top management have approved the schedule generated at the end of Part 3. Save the file containing this schedule as a baseline schedule.
Prepare a memo that addresses the following questions:
1. How much is the project estimated to cost?
2. What activity is estimated to cost the most to complete?
3. What resource commands the greatest total cost?
4. During which month of the project are the highest and lowest costs expected to occur? What are those costs?
5. What likely costs are not contained in this budget?
Include a table containing the estimated costs for each activity and a cash flow schedule for each month of the project.
Part 5
Today’s date is August 16, 2008. Table A2.8 summarizes the information regarding activities accomplished to date.
Robin Lane has requested a written status report for the Blue Zuma project.
1. Your status report should include a table containing the PV, EV, AC, BAC,
EAC, SV, CV, and CPI for each activity and the whole project. The report should also address the
Calculate how much each system will cost per year and determine which of the quotes is most cost-effective.
(TCO B) You are the project manager for three projects. You are about to estimate costs for these three projects. Given the below information on each project, recommend an appropriate estimation method and justify your answer for each.
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The product that is going to be offered to the customers is going to be called ‘EROS’ this is a new hi-tech futuristic ride which will push you to the edge of intenseness. This
The projected costs in the last six months of 2004 (column 4) are calculated by subtracting the actual costs for the first five months of 2004 (column 2) from 2004’s projected total costs (column 3). This gives us the projected costs for the last seven months of 2004. However, we are only interested in the last six months of 2004, so
Placing the events in a Gantt chart will help clarify and organize the events, the order in which they will occur, as well as any preceding activities that must be accomplished. Table 5 shows the project 's normal conditions, their timeframes and associated costs. As noted, normal conditions require 50 weeks to complete and therefore, cannot be used. Table 6 is a similar chart showing the project under ultimate crash conditions. As mentioned earlier, the project can be accomplished in as little as 42 weeks if every activity is crashed. This scenario is not desired however, because the project 's budget then approaches $5 million in associated costs, over 50% beyond the original allotted expenditure.
"We fulfill dreams through the experience of motorcycling by providing to motorcyclists and to the general public an expanding line of motorcycles and branded products and services in selected market segments"
5. The project is assumed to end in year 4. Do you think that this is realistic? Can you estimate the value of the project’s operating cash flows beyond year 4? State any assumptions you made.
This article was written to give everyone relevant information on this new product that is sweeping the nation by storm. That product would be the Hoverboard. This article will go over Swagway and their products compared to other players in the market. The over point of this article is to help clear up fact about Hoverboards vs tabloid news.
However in the markets they do serve they desire a relationship that evident in Harley riders. This is most evidenced by the participation in the Harley-Davidson Owners Group (H.O.G.). “The HOG worldwide membership had grown to 900,000 at the end of 2004 . . . in contrast Honda’s Gold Wing Road rides had 75,000 members” (Nolan & Kotha, 2007). The final part of the statement is just a reassurance to investors that profitability is a key concern.
1. What is the estimated project completion date? (Assume there are no holidays and ignore the sunk cost of the planning team’s effort)
Schwinn is under new management with vision and direction. This new management is not afraid to compete within the high end target market.
I will consider the project dates stated in question 3 for this question and also consider that
Experts formerly showed concern that SYM would find it hard to maintain its dominance on the scooter market since more Japanese producers were aggressively increasing investment in scooter innovation and design to gain a slice of the pie.
The following 3 cost models are estimated based on the optimistic, most likely and pessimistic time schedule.