Only typed explanation otherwise leave it Question HelpProblem 19You are the project manager of the software installation project in the table below. You would like to find the minimum-cost schedule for your project. There is a $1,000-per-week penalty for each week the project is delayed beyondweek 25. In addition, your project team determined that indirect project costs are $2.500 per week.Activity Immediate Predecessor(s)ABсDEFGHIa. What would be your target completion week?The target completion week is week. (Enter your response as an integer.)AA, BBDE. FGC, FP5Normal Time Normal Cost Crash Time Crash Cost(weeks)(weeks) (S)34,0007.00012,0007,0005,0008832610,0002672,00011,00015,000910439299($)2,0004,00010,0003,0004,0004,0002,0008,0007,000

For the given table data, I will construct the network diagram, then, I will find the critical path…

Answered: a. What would be your target completion…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Practice Question EVM: A simple project consists of five tasks and is scheduled to take 13 weeks to complete. The actual status of the project at the end of week 9 is given in the following table: Project Plan Task | Duration Start (weeks) Actual status Actual current cost complete S350 S225 $475 $300 End Budget Percent week week $300 100% 100% $250 $450 $600 $500 B 2 100% 75% 75% C 4 4 7. 9. 13 D 3 6 8 $300 a) For each activity, compute the ACWP, BCWP, BCWS and add the columns to get the projected total. Record your answers in the table below. Task ACWP BCWP BCWS E b) Calculate: CV,SV,CPI, and SPI:
Using Microsoft Excel TM prepare a Gantt Chart for the following project. Activity Predecessor(s) Duration (Months) 1. Proposal 2. Client meeting 3. Develop airframe spec. 4. Develop engine spec. 5. Client meeting 6. Design fuselage 7. Design wings 8. Design engine 9. Client meeting 10. Build fuselage 11. Build wings 12. Build engines 13. Integrate airframe 14. Client meeting 15. Test engines 16. Integrate engines 17. Test flight 18. Client meeting 4 1 1 2 3 2 2 3,4 1 5 8 13 6,7.8 1 16 10 12 10,11,12 5 13 1 12 8 4 16 10 17 1 N567 2.
Question 2a) Why is project charter an important project management tool? b) Explain how a project manager will go about incorporating project scheduling to guarantee your project success. c) At what stage is project needs assessment or appraisal needed? Explain
Table 7.4 Activity Predecessor Time(weeks) 8. 6. 4. D 9. 11 B 3. D, E, F 1 1) Using Table 7.4, what is the earliest completion time for this project? A) 18 weeks B) 19 weeks C) 20 weeks D) 21 weeks 2) Using Table 7.4, what is the largest amount of slack that any activity in the project has? A) zero weeks B) two weeks C) four weeks D) six weeks 3) Using Table 7.4, what is the minimum number of activities that would have to be delayed to cause an increase in the project's earliest completion date? A) one activity B) two activities C) three activities D) four or more activities
QUESTION 2 You are the project manager of a software installation project. You would like to find the minimum-cost schedule for your project. There is a $1000-per-week penalty for each week the project is delayed beyond 25 weeks. In addition, your project team determined that indirect costs are $2,500 per week. Activity A B C D E FC G H Immediate Normal Time Normal Cost Predecessor (weeks) 5 8 10 4 3 9 2 8 9 A A, B B D E, F G C, F ($) 2,000 5,000 10,000 3,000 4,000 8,000 2,000 6,000 7,000 Crash Time (weeks) 3 7 8 3 2 6 2 5 7 a) What is the target completion week? b) How much would you save in total project costs with your schedule? Crash Cost ($) 4,000 8,000 12,000 7,000 5,000 14,000 2,000 9,000 15,000
Question content area Part 1 The estimated times and immediate predecessors for the activities in a project at Howard Umrah's retinal scanning company are given in the following table. Assume that the activity times are independent. Time (weeks) Immediate Time (weeks) Immediate Activity a m b Predecessor(s) Activity a m b Predecessor(s) A 8 10 13 — C 8 10 11 A B 5 10 16 — D 4 8 14 B This exercise contains only parts a, b, c, d, and e. Part 2 a) Based on the activity time estimates, the expected times and variance for each of the activities are (round your response to two decimal places):…
Subject : project management Q. What is meant by "Milestone" and why is it important a Project Manager to have for them?
Follow up to previous question: 3) A company decides to plan a project, with activities, precedences and random duration statistics given in the following table: Activity Immediate Predecessors Duration Minimum (weeks) Duration Mode (weeks) Duration Maximum (weeks) A none 2 5 9 B A 1 6 8 C A 3 5 12 D B 2 4 12 E B, C 4 6 8 F B 6 7 8 G D, E 1 2 6 H F, G 4 6 16 Questions: 1) What method should be used? Compute the mean and variances for each activity and add them to the table above. 2)Draw the project network and label the arcs with the activity name. 3) Assuming that the critical path is AàBàP1àEàGàH, compute the probability that this path duration is between 28 weeks and 32 weeks. 4) Assuming that the critical path is AàBàP1àEàGàH, compute the number of weeks within which the project will be completed with probability 0.95.
Normal Time Immediate Predecessor(s) Crash Time Activity Normal Cost (5) Crash Cost () (days) (days) START A 50 160 START B 4. 40 160 START 70 190 B 10 100 A C A.C D 11 20 E 30 30 F 80 7. 280 G 7. 50 4. 110 60 7. 120 EF G. H FINISH a. Using the normal times for each activity, what is the earliest date you can complete the project? The corresponding project duration using the normal times isdays. (Enter your response as an integer)
1. Using Microsoft Excel TM prepare a Gantt Chart for the following project. Activity Predecessor(s) Duration (Days) 1. Forming the problem statement 2. Identifying functional requirements 3. Identifying constraints and limitations 4. Defining a schedule 5. Defining the design parameters 6. Identifying alternatives 7. Evaluating and analyzing alternatives 8. Select a solution 9. Gather supplies 10. Construct prototype 11. Test performance 12. 1 1 1 1 1 2,3 1 2 1 2 7 1 8 4 10 1 Redesign 13. 11 2 Demonstrate solution to 12 1 class 5 CO
Activity Predecessor Optimistic Most Likely Pessimistic 14 4 14 B. C A 6. 13 14 D A,B 4 8. 12 10 12 F C,E 5. 11 8 Find the mean and standard deviation of each task in this project then find the following: d) T probability to finish the project in more than 31 weeks. The m- The probability to finish the project in less than 31 or more than 35. g) In how many weeks can we complete the project with 90% probability?
Activity A B CDEFG 3. You have been appointed as the project leader of a project to be undertaken by your company. You have identified the following tasks and made the time estimates for each task as listed in the table below: с Preceding "from" activity A A A B,C C,D,E F Succeeding "to" activity B,C,D E E F F G Estimated duration work days) 3 5 3 10 8 14 7 a) Use the above table to construct a project network diagram. b) Determine the critical path for the project and its duration.

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a. What would be your target completion week? The target completion week is week [ (Enter your response as an integer.)