Discuss an example of a work-related project that is able to be broken down into structure, tasks, subtasks, and work packages, and why project management in the form of a CPM/PERT chart would be cost effective.

Develop a CPM diagram for the activities/relationships listed below (assumedurations are in months). For each activity calculate the Early Start, Late Start, EarlyFinish, Late Finish, Total Float, and Free Float. Clearly identify the critical path forthe project (hint: a highlighter would be a good tool to use) How do you solve this? I don't understand how it's done.

Explain how earned value management (EVM) may control costs and monitor project success and hypothesize why it is not utilized more commonly. What are some guidelines for evaluating cost variation, schedule variance, cost performance index, and schedule performance index numbers?

PERT and CPM methods are used to establish the "critical route" for completing a set of interrelated tasks. Do you concur?

Use the following project status information to calculate each of the requested EVM numbers below (a-i).The project status is reported at the end of week 13. Task     Budget Cost    Budget Duration      Status as of Week 13 A        $5,000         2 Weeks             100 percent complete $5,000B        $8,500         3 Weeks             100 percent complete $9,000C        $15,000        4 Weeks              75 percent complete $14,000D        $10,000        4 Weeks              50 percent complete $9,000   E        $12,000        4 Weeks              Not startedF        $15,000    5 Weeks             Not started a. Planned Valuedb. Actual costc. Cost varianced. Schedule variancee. Cost performance indexf. Schedule performance indexg. Budget at completionh. Estimation to completei. Estimation at completion