Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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In project manangement what is a scope baseline?
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- What is a cost baseline in project management? How can it be applied to monitor and control a project?arrow_forwardGive an example of a project objective.arrow_forwardA project has seven (7) main activities labelled A through G as shown in the below table which also shows their estimated duration times ( in weeks) and immediate predecessors. Activity a b Immediate Remarks predeccessor A 1 2 3 a = optimistic time 2 3 4 m = most likely time C 4 A b = pessimistic time 8 9 10 E 2 5 8 C,D 4 6. G 1 2 3 E (a) Develop a project network for this problem.arrow_forward
- How can a business analyst communicate requirements (and associated models) for a project in project management.arrow_forwardWhat is the primary purpose of conducting a feasibility study in project management?arrow_forwardGiven the information below, what are the estimated expected (mean) times (in weeks) for activities A-H? What are the estimated standard deviations (in weeks) in the times for activities A-H?arrow_forward
- You may need to use the appropriate technology to answer this question. Mueller & Associates is a urban planning firm that is designing a new public park in an Omaha suburb. Coordination of the architect and subcontractors will require a major effort to meet the 42- week completion date requested by the owner. The Mueller project manager prepared the following project network. Start Activity A B с D E Estimates of the optimistic, most probable, and pessimistic times (in weeks) for the activities are as follows. TI G H Optimistic Most Probable 4 6 6 weeks 3 6 5 10 A 5 8 7 12 5 9 8 B 15 6 Pessimistic 12 8 18 7 18 17 20 (b) What is the expected project completion time (in weeks)? 52 13 F E (a) Find the critical path. (Enter your answers as a comma-separated list.) A,C,E,G,H G H Finish (c) Based only on the critical path, what is the estimated probability the project can be completed in 42 weeks as requested by the owner? (Round your answer to four decimal places.) X (d) Based only on the…arrow_forwardIf the pessimistic duration of an activity is 205, the most likely duration is 160 days and the optimistic duration is 115 days, what is the expected time of the activity for PERT/CPM analysis ? What is the variance for the activity time for PERT/CPM analysis ?arrow_forwardAnalyze projects using network-planning models?arrow_forward
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