Discuss the concept of Project Crashing
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- Example 2.39 Table 2.119 provides normal and crash times as well as normal and crash costs for the activities of a project. Table 2.119 Project activity details Activity Normal Time (Weeks) Normal Cost (Lakhs) Crash Time (Weeks) 1-2 3 5 2-3 4 8 2-4 3 4 2-5 8 S 3-6 4 3 4-6 6 2 5-7 5 10 6-7 3 7 1 3 2 7 2 4 4 1 Crash Cost (Lakhs) 9 14 6 6 5 3 14 10 Project Network Analysis-1 | 141 (a) Draw the network and find the critical path. (b) Using the above information, crash or shorten the activities step by step until the shortest duration is reached. MMM, VI Sem, Mumbai Univ, 2006Question 2 Problem 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?Recommendations for North East Link project in Victoria. Recommendations on how to solve budget blowout. Please include references.
- An employee has fallen in the employee hallway leading to the main lobby which is made of concrete and has a sign on the opposite end saying wet floors. He has a broken arm as a result. What should the large hotel GM do? Question 16 options: a) Report the incident via an email to department heads and via the call-in line to OSHA. b) Not report the incident to OSHA but record the incident immediately for the health inspector. c) Report the incident to Health and Human Services, as well as the U.S. Labor Department. d) Document the incident, report it to OSHA, and report it on a reporting sheet in the employee break room.V what is feasibility Report ?Define when and why we need it And also define who prepare this document.EVENT 1: "The vacant project manager's position has not been filled." EVENT 2: "A credit card transaction for a friend has been denied".QUESTION 1: Conduct a root cause identification and analysis for both events, i.e., provide the appropriate “why” questions. Provide four (4) “why” questions for both events.QUESTION 2: Provide the corresponding observation for each of the four (4) “why” questions from the root cause analysis above, for both events.
- nity College | Pima x B Module 12 Practice Assignment 6 Question 1- Module 12 Practice x A ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=D0&launchUrl=https%253A%252F%252Flms.mheducation.com%252Fmghmiddleware%252Fr ediStay v4 E New Scorpion O Redistay - (Unknown) U Ulitpro -New e Scorpion (UAT) 5) Springfield - Home inContact Dashboards RediStay v4 (UAT) -... lodule 12 Practice Assignment_Ch.17 i Saved 1 Challenge Problem 17-25 (Static) [LU 17-2 (2)] A delivered price (including attachments) of a crawler dozer tractor is $135,000 with a residual value of 35%. The useful life of the tractor is 7,700 hours eBook Print a. What is total amount of depreciation allowed? References Total amount b. What is the amount of depreciation per hour? (Round your answer to the nearest cent.) Amount of depreciation per hourArticle: Harry Hartfield was looking over some recent travel brochures while consulting his recent Google search. Retirement is only 5 days away and he could not wait to see the Fiji Islands. He and his wife thought they would start with a restful break before they started their travels in earnest. Harry is the head aero engineer at Global Delivery Direct and has been in charge of purchasing the planes and maintenance for the last 15 years after being an employee with GDD 25 years before. Harry had worked up in the company to his current position and has seen a lot of initiatives come and go when it came to eco-friendly flying machines. In the last four weeks, Harry has been breaking in his replacement, Imogine Farthing, who is coming from their London branch. Harry likes Imogine and thinks that she will do well. However, she is keen to purchase the new Boeing 777 cargo plane. She thinks it will go a long way to improving their fuel consumption and air emissions in the long-run…(Question 23) As a process analyst – you are requested to – Map the above project(refer to case study attached) to the Business Process Management lifecycle, briefly explain what you will be doing at each of the following phases. Please note you are NOT requested to define each phase. Fullmark’s will be allocated when the answers relate to the application of the scenario in the case study. Process Identification Phase Details description of what you will be doing, how it will be done and why. a) Process Identification b) Process discovery c) Process analysis d) Process Redesign e) Process implementation f) Process monitoring and Controlling
- Question: Develop a problem statement for the scenario given below by considering the variables involved? Suppose you are a manager of a beverage company. You have recently witnessed a sudden decrease in sales. It has been widely accepted that due to Covid-19, the purchasing power of consumers has been declined. On the other hand in such situations, sales personnel avoid roaming for selling to avoid contact. The sudden decrease in the number of hours work and alternate shifts due to Covid-19 SOPs also resulted in a low-profit margin. You have to figure out the actual reason for the decline in sales as a manager.Article: Harry Hartfield was looking over some recent travel brochures while consulting his recent Google search. Retirement is only 5 days away and he could not wait to see the Fiji Islands. He and his wife thought they would start with a restful break before they started their travels in earnest. Harry is the head aero engineer at Global Delivery Direct and has been in charge of purchasing the planes and maintenance for the last 15 years after being an employee with GDD 25 years before. Harry had worked up in the company to his current position and has seen a lot of initiatives come and go when it came to eco-friendly flying machines. In the last four weeks, Harry has been breaking in his replacement, Imogine Farthing, who is coming from their London branch. Harry likes Imogine and thinks that she will do well. However, she is keen to purchase the new Boeing 777 cargo plane. She thinks it will go a long way to improving their fuel consumption and air emissions in the long-run…Paragraph Styles Eg Problem 2 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 $10,000 per week will be incurred by your company for every week the project is delayed beyond week 15. Immediate Normal Time Crash Time Normal Cost Crash Cost Activity Predecessor(s) (weeks) (weeks) ($) 7,000 3,000 ($) A None 1 10,000 None 2 3,000 A 3 1 12,000 40,000 12,000 28,000 E C 1 1 8,000 8,000 F D, E 5 5,000 15,000 3 9,000 18,000 F, G 6. 14,000 32,000 Construct a network diagram for the project. a. b. 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? с. d. What is the minimal total cost associated with completing the project in 16 weeks? e. What is the total time for the…