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- 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 10SAQ 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 2.3.8 Roger Ginde is developing a program in supply chain management certification for managers. Ginde has listed a num- ber of activities that must be completed before a training program of this nature could be conducted. The activities, immediate pre- decessors, and times appear in the accompanying table: a) DrawtheappropriateAONPERTdiagramforJ.C.Howard’s management team. b) Find the critical path. c) What is the project completion time? • • 3.11 The following is a table of activities associated with a project at Rafay Ishfaq’s software firm in Chicago, their dura- tions, and what activities each must precede: ACTIVITY DURATION (WEEKS) PRECEDES A (start) 1 B, C B 1 E C 4 F E 2 F F (end) 2 — ACTIVITY IMMEDIATE PREDECESSOR(S) TIME (DAYS) A — 2 B — 5 C — 1 D B…
- quetion 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?States) B E- Text Predictions: On Activity A I U 2. Given below are additional details for the Evergreen Company's construction project, i.e. three time estimates. B C D ALL E F Optimistic 0.5 ARDCCDGEe Normal 2.5 1 0.9 0.5 Most Likely 1 2 3 2 1 AaBb CcDdEe No Spacing 1 AaBbCcL AaBbCcDd. Heading 1 Heading 2 Pessimistic 2 2.5 3.5 3 1.1 1.5 a) Calculate the expected completion times and completion variances for each activity. b) What are the expected days to completion now for Evergreen? c) Compute the variance and standard deviation of the Evergreen project's completion time. d) What is the probability that the Evergreen Company's project can be completed in 6.5 days? e) What would be Evergreen Company's completion days if we needed a 95% confidence level? f) Which noncritical activities should Evergreen Company monitor closely? Why? Focus EThe 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. (
- 1.The chief engineer of firm XYZ is responsible for supervising the construction work of a road. He has identified the activities and their durations for each stage of operation. Activity Duration (days) Preceding activities A 5 - B 10 - C 1 - D 8 B E 10 B F 9 B G 3 A,D H 7 A,D I 4 F J 3 F K 5 C,J L 8 H,E,I,K M 4 CJ Draw a network diagram (AOA) for this road construction project. Which are the critical activities? How long the project will take?The 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 ? 2 B A 1 2 ? 2 3 C A 1 ? 4 2.2 4 D B ? 5 6 5 5 E B 3 ? 5 4 6 F C 2 3 ? 3 7 G D ? 2 4 2.2 8 H E,F, G 3 4 6 ? 9 I H 3 ? 5 4 10 J I 2 1 3 ? Questions: Calculate ALL the missing (?) data points. Draw the PERT network from the given data. Determine ALL the paths, the critical path and its total duration in days. Explain the limitations…How Can You Get to a Backlog of over 100 Projects? There are never enough resources to get everything done." Backlogs build over time. Sacred cow projects get included in the selection system. Projects proposed from people who have left the airline stil reside in the project portfolio. Non-value-added projects somehow make their way into the project portfolio. Soon the queue gets longer. With everyone in IT working on too many projects concurrently, project completion and productivity are slow. Which Projects Remain? To cut the number of projects, the steering committee used a weighting scheme that reflected the airline's priorities, which were: fly safe, generate revenue, reduce costs, and customer service. The weighting scheme easily weeded out the fluff. Coady noted that "by the time you get to the 20s the margin of differentiation gets narrower and narrower." Of the remaining projects, project sponsors had to have solid justification why their project is important. Reduction of the…
- 15. For the network shown: Crash Cost/week - (CC-NC)/(NT-CT) TOTAL COST-$44,000 Crash D-$1,000 Crash G-$2,000 Crash A-$3,000 0 0 ATS) Activity A B 54 C D E F 45 45 B(10) C(8) 1514 15 10 13 12 14 Normal Time 5 8 6 7 14 15 15 D(6) 21 20 19 21 a. Determine the critical path and the early completion time in weeks for the project. b. For the data shown, reduce the project completion time by three weeks. Assume a lin- ear cost per week shortened, and show, step by step, how you arrived at your schedule. 20 19 E(7) 14 13 17 F(4) 17 21 Normal Cost $7,000 12,000 5,000 4,000 3,000 6,000 7,000 21 20 21 25 G(4) 25 Crash Time 3 7 7 24 23 22 A 2 B3 C1 D1 E1 5 6 F1 3 G1 Crash Cost $13,000 18,000 7,000 5,000 6,000 7,000 9,000 A $3,000 B $2,000 C $2,000 D $1,000 E $3,000 F $1,000 G $2,000You are assigned as a project manager to lead a new quality improvement project. Q Management is asking for a project management plan. Which of the following should you aeate FIRSTI A A process improvement plan A quality management plan CA project scope statement D A project management plan 41 193 retu ABces 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 F
