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- Roger Ginde is developing a program in supply chain management certification for managers. Ginde has listed a number of activities that must be completed before a training program of this nature could be conducted. The activities, immediate predecessors, and times appear in the accompanying table: Immediate Predecessor(s) Activity ABCDEFG This exercise contains only parts b, c, and d. b) The critical activities for the leadership training program development project are B A, D C E, F Time (days) 4 5 3 10 4 6 10B/U pe Activity A B D 11. A project has the activity duration and cost information indicated in the table where all times are in weeks. There is a penalty of $4,000 per week for every week the project exceeds 37 weeks. What is the lowest total cost for completing this project? Predecessor Time 18 11 A A B C E D Normal A H 12 15 3 19 Asbe de ABC' AMBBC RACE AB 7 8 12 6 Normal Cost Crash Time Crash Cost $22,000 $32,000 $62,000 $18,000 $35,000 $8,000 $23,000 $32,000 $56,000 $12,000 5 $18,000 19 $22,000 $9,000 $15,000 $5,000 $13,000 $20,000 $45,000 2 5 4PERT/CPM HOMEWORK (MOD 10) In the table below, you will see activities and times associated with each activity. Review the PowerPoint slides in Module 10 , before you start this assignment. Task Preceding Tasks to (optimistic) tm (most likely) tp (pessimistic) A NONE 2 3 10 B NONE 2 3 4 C A 1 2 3 D A 4 6 14 E B 4 5 12 F C 3 4 5 G D,E 1 1 7 1.) Draw the network using the table above. Make sure all 4 values (ES, EF, LS, LF) are listed on the network. 2.) What is the slack for each activity? What is the critical path? Show ALL of your work! 3.) Find the expected project completion time. What is the project variance? 4.) What is the probability that it would be in more than 14 days? Show ALL of your work. *The circle diagram picture is just an example of how it should look it is not apart of the problem in the chart
- 2:30 PM ě 0.3KB/s 1ll 54 4G+ 00:15:12 Remaining Multiple Choice The primary difference between PERT and CPM is that CPM uses probabilities on the activity times and PERT does not. O. PERT considers activity costs and CPM does not. PERT can assign probabilities to activity times and CPM does not. CPM considers activity costs and PERT does not. 5 of 20 IIThe following represents a project that should be scheduled using CPM: IMMEDIATE PREDECESSORS ACTIVITY A ABCDEFGH B-E-G-H b. What is the critical path? A-C-F-H OA-D-F-H A-D-G-H A A B C,D D, E F,G Project completion time a LLL23312 TIMES (DAYS) m •WNNW: 3 2 2 3 4 4 4 4 b 5 3 3 4 11 c. What is the expected project completion time? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. days 565Problem Statement: Project Control and Monitoring You are working on a manufacturing project having a budget of PKR 3,600,000 and expected time of its completion is one year. There is an ideal condition that your budget and work are evenly spread across the duration of the project that is twelve month. At the end of forth month, the senior management has called a meeting and invited all the stakeholders to brief about the status of the project. You being the PM of this project is giving the presentation to all the attendees and informed that project is on schedule and PKR 1,800,000 have already been spent on the project. Required: Calculate Cost and Schedule Variance What is SPI and CPI of the project? Estimate at completion and Estimated time to complete?
- How is Project Planning, Scheduling, and Controlling is managed by the OM manager?You are the project manager of the software installationproject in Table 7.12. You would like to find the minimum-costschedule for your project. There is a $1,000-per-week penaltyfor each week the project is delayed beyond week 25. In addi-tion, your project team determined that indirect project costsare $2,500 per week.a. What would be your target completion week?b. How much would you save in total project costs with yourschedule?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 ($) A None 2 1 7,000 10,000 B None 2 2 3,000 3,000 C A 3 1 12,000 40,000 D B 3 2 12,000 28,000 E C 1 1 8,000 8,000 F D, E 5 3 5,000 15,000 G E 3 2 9,000 18,000 H F, G 8 6 14,000 32,000 Construct a network diagram for the project. What are the project completion time and the total cost under normal conditions? What is the shortest time duration for this project regardless of cost? What is the resulting total cost? What is the…
- A new order filling system is needs to be installed as soon as possible. The following activities need to be completed in the order shown below. Also provided is the cost information to reduce the normal activity times. 4. Activity Crash Normal Crash Immediate Predecessors Normal Time Time Cost ($) Cost ($) A 7 5 2000 3500 --- В 10 8 3000 5700 A 8. 7 3000 3800 A D 6. 4 1600 2600 C E 7 4 2000 4100 3 1200 2800 D, E В, С F, G G 11 8 8200 10900 H 4 3 2600 4800 Crash the project to 25 days. What will the total crashing cost be? а. b. с. What activities will be crashed?1 Cara's clients, Emily and Dave, have just had a baby and she would like to do something nice for them. She signs them up for a baby registry that sends them a small gift. Emily and Dave will be sent information and service lists that are geared toward helping new parents. She provided their names, address and phone numbers so that they will not miss any of the activities provided in the package. Has Cara dealt with her clients appropriately? NUYLOTNQhObm1bEVKUTO90 a0 Cara did not protect her clients' privacy when she shared their personal information with the baby registry. O Cara should not make this a regular practice. Her clients will begin to expect gifts and she will not be able to sustain this. CO Cara should have set up an appointment to re-evaluate her clients' needs now that they have had a baby. 40 Cara's gift is very thoughtful and will help to build a relationship with her clients. NUTYks10TNRUQ2h0bmkbEVKUTO90Image of Diagram included Using the diagram, find: The critical path. How long it will take to complete the project? How does simulation determine the probabilities of various project completion times? What is "slack" and why is it important? Why is activity-on-arrow (AOA) or activity-on-node (AON) of significant value to the project manager? How is the uncertainty in project scheduling dealt with? Should the critical path activities be managed differently from noncritical path activities? Explain.