Liam is estimating the schedule for all activities in the GHI Project. He is working with his project team and comparing the results of a past similar project to forecast the schedule for his current project. This is an example of which estimating approach? Group of answer choices Analogous Organizational process assets Parametric PERT

The CEO of Carol O'Lights Manufacturing, produces custom-built relay devices for auto makers.  The most recent project undertaken by Ms. O'Lights requires 11 different activities. The activities necessary to build an experimental relay model and related data are given in the following table.   What is the Late Start on Activity C? What is the slack on Activity C? What is the slack on Activity B? What is the critical path? What is the Early Finish on Activity H?

Suppose that a task in a project has the following time​ estimates:   to=optimistic completion time=9 weeks tm=most likely completion time=17 weeks tp=pessimistic completion time=21 weeks   Compute the expected task completion time.   The expected task completion time is _________  weeks. ​(Enter your response rounded to one decimal​ place.)

c. Draw a Gantt chart for this project based on the earliest times

John, Jack and Jill are project managers for Jusco Company. All three of them lead their own team, with two supervisors working under them. John’s team has 10 members, Jack has 8 members in his team and Jill has 11 members under his care. Both John and Jack completed their projects on time with the same amount of allocated budgets from top managers. But Jill didn’t manage to complete the project on time this time round.   (i) Assuming all three projects have the same scale in terms of size, quality,and complexity, what can we conclude about the effectiveness and efficiency of these three project managers based on the informationabove? Justify your answers   PLEASE PROVIDE CLEAR EXPLANATION THANK YOU , THIS TOPIC IS UNDER EVOLUTION OF FUNDAMENTAL MANAGEMENT THEORIES

Define and describe the resource optimization technique listed below.  Include in your descriptions the impact each technique may have on the project's duration.  Resource leveling  Resource smoothing

OM Builders Inc. is starting a brand-new development of 10 residential houses in an up and coming neighborhood. The previous housing development completed by OM Builders Inc. was its first development and experienced significant issues with town permits, scheduling, delayed shipments, incorrect furniture and equipment and meeting the closing date of homes. The owner of the firm has met with his management team to discuss how the company can ensure a more efficient, less error-prone project for this new development. The management team decided to use project management tools suggested by a recent graduate the firm hired from a Global Business Management college program. The objectives for the new development are to reduce the number of errors, ensure that schedules are prepared properly and followed and the completion of the project by the promised closing date. The company is currently negotiating with the current owners of the land to be developed and a deal is imminent. During the…

A B C D F G H M N O P Raptor Consulting has three (3) projects to complete this year. They have four (4) project teams currently available. Each project team can at most do one project. Based on the mix of skills and experience on each of the teams, Raptor has developed the following estimates on time taken by each team (in days) to 2 complete each proiect. 3 4 5 6 7 8 9 10 Determine the optimal assignment of teams to projects in order minimize the total days taken to complete all the projects. 11 12 Please answer items A-E below 13 A. Formulate the problem as an assignment problem. Use worksheet tab "Q2 SS Model" to develop your formulation. 14 Use worksheet tab "Q2 SS Model" to develop your formulation 15 16 B. Solve the problem using Excel Solver. 17 Use worksheet tab "Q2 SS Model" Teams Project Team 1 Team 2 Project A 50 30 Project B 35 28 Project C 33 37 Ready Title Q1 E Accessibility: Investigate Team 3 Team 4 55 27 25 35 30 23 18 19 C. What is the optimal assignment of teams to…

Create a weighted scoring model to determine grades for a course. Final grades are based on three exams worth 20 percent, 15 percent, and 25 percent, respectively; homework is worth 15 percent; and a group project is worth 25 percent. Enter scores for three students. Assume that Student 1 earns 90 percent (or 90) on every item. Assume that Student 2 earns 70 percent on each of the exams, 80 percent on the homework, and 95 percent on the group project. Assume that Student 3 earns 90 percent on Exam 1, 80 percent on Exam 2, 75 percent on Exam 3, 80 percent on the homework, and 70 percent on the group project.

Ten weeks of data on the Commodity Futures Index are 7.36, 7.41, 7.56, 7.57, 7.61, 7.53, 7.53, 7.71, 7.63, and 7.56. (a) Construct a time series plot. 1 2 3 4 What type of pattern exists in the data? Week 5 The data appear to follow a horizontal pattern. O The data appear to follow a cyclical pattern. O The data appear to follow a trend pattern. O The data appear to follow a seasonal pattern. 6 8.5- 8.3 8.1 7.9+ 7 7.7 7.5- 8 7.3 7.1 6.9 6.7 6.5 + 01 23 4567 7 8 9 10 11 Week 9 8.5- 8.3- 10 8.1 7.9 7.7+ 7.5- 7.3 7.1 6.9 6.7 6.5 0 1 2 Time Series Value 7.36 7.41 7.56 (b) Use trial and error to find a value of the exponential smoothing coefficient a that results in a relatively small MSE. (Round your answers to two decimal places.) 7.57 7.61 7.53 3 4 7.53 7.71 5 67 7 8 9 10 11 Week 7.63 7.56 a = 0.1 Forecast α = 0.3 Forecast J C O Index DIC a = 0.8 Forecast 8.5 8.3- 8.1 7.9 7.7 7.5- 7.3 7.1 6.9 6.7 6.5 0 8.5 T 8.3- 8.1 7.9- 7.7- 7.5 7.3 7.1 6.9- 6.7- 6.5 1 2 3 4 5 678 Week + 0 1 2 3 4 8 9…