a) Choose the correct project network. OA Start Start b) The critical path is S-U-W-Y The project completion time is W W x x Activity STUVW W X Y Z End End G Immediate Predecessor(s) S T. U T V. W X OB. OD. Start Start) weeks (enter your response as a whole number). Time (weeks) 3 NN 0000455 8 8 2 2 W End End
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- Company Name: Floward (flowers Market) Create a campaign for your company to launch, starting January 2021 till December, that will be active for 12 months. Marketing budget: SR 450,000 to spend on digital advertising media over the next 12 months. The budget also includes up to SR 340,500 for advertising creative and content development, and for the company to manage the program. Monitoring and Optimization: describe how you will measure and improve digital marketing performance during the campaign. What tools you will use to monitor the campaign’s activity. (Must include screenshots of the monitoring tools that will keep track of your costs and activity).Evaluate the below statement according to the project management terminologies and choose the correct answer: It is the process of making a forecast or precise approximation Choose... of time and cost associated with a work package or activity. Graphically describes a project consisting of well-defined Choose.. activities, the completion of which marks its end. One of the Perform Quantitative Risk Analysis process has a Choose.. Tools and Techniques. Useful for building accountability through assigning specific Choose.. tasks to team members. It is the standard format each path through the network must be continuous with no gaps, discontinuities, or dangling Choose... activities. Organizational Assets, Project Scope Statement, Cost Management Plan and Schedule Management Plan are inputs Choose.. of: Choose... Work Breakdown Structure Expert Judgment Bar chart Estimating A horizontal diagram format Plan Risk ManagementRESEARCH TOPICS1. The difference between project feasibility and project appraisal and their significance toproject sustainability2. The interplay between the project components (Cost, time, scope and quality) and thesignificance to project performance and sustainability3. Report writing process and utility of project report to project management
- Ten weeks of data on the Commodity Futures Index are 7.36, 7.41, 7.56, 7.57, 7.61, 7.53, 7.53, 7.71, 7.63, and 7.56. (a) Construct a time series plot. 1 2 3 4 What type of pattern exists in the data? Week 5 The data appear to follow a horizontal pattern. O The data appear to follow a cyclical pattern. O The data appear to follow a trend pattern. O The data appear to follow a seasonal pattern. 6 8.5- 8.3 8.1 7.9+ 7 7.7 7.5- 8 7.3 7.1 6.9 6.7 6.5 + 01 23 4567 7 8 9 10 11 Week 9 8.5- 8.3- 10 8.1 7.9 7.7+ 7.5- 7.3 7.1 6.9 6.7 6.5 0 1 2 Time Series Value 7.36 7.41 7.56 (b) Use trial and error to find a value of the exponential smoothing coefficient a that results in a relatively small MSE. (Round your answers to two decimal places.) 7.57 7.61 7.53 3 4 7.53 7.71 5 67 7 8 9 10 11 Week 7.63 7.56 a = 0.1 Forecast α = 0.3 Forecast J C O Index DIC a = 0.8 Forecast 8.5 8.3- 8.1 7.9 7.7 7.5- 7.3 7.1 6.9 6.7 6.5 0 8.5 T 8.3- 8.1 7.9- 7.7- 7.5 7.3 7.1 6.9- 6.7- 6.5 1 2 3 4 5 678 Week + 0 1 2 3 4 8 9…AABCDE Activity J К Predecessor None PZABUD FGHL-KL EOFICI LA C H с H J.I,K Draft PDS Identify team Kickoff team meeting Source previous rocket Identify & order missing or new materials/parts Assembly Simulation Alpha Test Beta Test Training of key people Buy food to bring Launch DITONT Duration (wks) 1 1 0 2 4 8722860 1. Show the Critical Path. Give reasons for your answer. 2. If you needed to shorten the duration of the project, which activity or activities would you shorten and why?Project Managers must demonstrate (4) activities: Project planning: ◦Project scheduling:◦Project monitoring:Project reporting: Please pick one activity, define it in your words and give a specific example how you would demonstrate and achieve that activity.
- The following precedence diagram reflects three time estimates for each activity. Determine: Use Table B1 and Table B2. 9-10-12 3 8 5-7-10 8-10-14 11-12-13 6 11 14-18-26 10.5-13-15.5 10 8-8-8 1 5-6-7 2 4 13-13-13 7 7-10-12 a. The expected completion time for each path and its variance. (Round intermediate calculations to 4 decimal places and final answers to 2 decimal places.) Path Mean Var. Std. Dev. 1-2-3-8-11 37.33 1-2-4-6-11 43.00 5.11 1-2-4-7-11 0.81 1-2-5-9-10-11 46.83 1.25 9-9-9 10-11-12 10-12-14The 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 10Part 1: The 5 project management groups have wide industry application in modern day project management. By using practical examples of your choice, demonstrate the practical application of the project management processes in bringing a project to a successful end (Detailed response required, also acknowledge information sources). Part 2: A gantt chart is widely applied in project management as a project scheduling tool,whose format is in bar chart form. Critically examine a gantt chart as a project scheduling tool and practically demonstrate how it can also be used as a project planning and control technique (Detailed response required, also acknowledge information sources).
- Problem 3-4 (Static) An electrical contractor's records during the last five weeks indicate the number of job requests: 2 3 22 18 Week: Requests: 1 20 4 21 Click here for the Excel Data File Predict the number of requests for week 6 using each of these methods: a. Naive. 5 22 Answer is complete but not entirely correct. Number of requests 24 X requests b. A four-period moving average. (Round your answer to 2 decimal places.). Answer is complete but not entirely correct. Number of 23.25 c. Exponential smoothing with a = 0.30. Use 20 for week 2 forecast. (Round your intermediate calculations and fina mal nisenelEX6-12 (Algo) You are creating a customer database... You are creating a customer database for the Lehigh Valley IronPigs minor league baseball team. Given the information below, complete the forward and backward pass, compute activity slack, and identify the critical path. How long will this project take? ABCDACHSX K L Description Systems Subsystem A design Subsystem B design Subsystem C design Program A Program B Program C Subsystem A test Subsystem B test Subsystem C test Integration Integration test days. Predecessor None A A A B с D E F G H, I, J K Time (days) 7 3 1 3 5 15 5 3 3 5 3Period (t) Enrollment (1000s) 1 6.5 2 8.1 3 8.4 4 10.2 5 12.5 6 13.3 7 13.7 8 17.2 9 18.1 Develop a linear regression with a dependent variable of “Enrollment (1000s). A.What is the value of R square? (Make sure two decimal places.) B.What is the value of intercept? (Make sure two decimal places.) C.What is the coefficient value of Period (t)? (Make sure two decimal places.) D.Is the coefficient of Period (t) significant? (Yes:1, No: 0) E.What is the forecast for year 10?