Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Which of the following is NOT one of the recommended guidelines for developing useful work package estimates?
Group of answer choices
Estimates should include a normal level of contingency.
Estimates should be made by those responsible for the work.
Use several people to estimate the same work.
Estimates should be based on normal conditions.
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- Mike is the manager of the DEF project. This project will cost Mike’s organisation $90,000 per day if it runs over schedule. With four months to completion, Mike realises the project is behind schedule. He decides to change the relationship between some work packages so that they begin in tandem rather than sequentially. This is an example of___________. Group of answer choices Crashing Expert judgment Fast tracking Cost-benefit analysisarrow_forwardA project has a critical path with an expected duration of 22 and variance of 14. What is the probability it will be completed within 20-25 weeks (inclusive)? (the range of the answers account for rounding errors) Group of answer choices Between 55% and 58% Between 17% and 20% Between 47% and 52% Between 64% and 67% Between 60% and 63%arrow_forwardAnswer choiche A. 10 B. 20 C. 30 D. 40 E. 50 F. 60arrow_forward
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