Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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Which one is NOT a basic output of a PM network analysis?
Select one:
a. Identification of the critical path(s)
b. Immediate predecessors
c. Determination of the earliest and latest start times
d. Estimated project duration
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- A 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_forwardDescribe the Evaluation and Review Technique (PERT) for network planning and scheduling?arrow_forwardYou may need to use the appropriate technology to answer this question. Due to population growth in the area, the new Liberty High School has just opened in a local school district. The athletic director at Liberty High is planning the launch of the school's track and field team. The first team practice is scheduled for April 1. The activities, their immediate predecessors, and the activity time estimates (in weeks) are listed in the following table. Time (Weeks) Activity Description ImmediatePredecessor Optimistic Most Probable Pessimistic A Meet with board 1 1 2 B Hire coaches A 4 6 8 C Conduct fundraiser A 2 4 6 D Announce program B, C 1 2 3 E Meet with coaches B 2 3 4 F Order team equipment A 1 2 3 G Register athletes D 1 2 3 H Reserve buses for meets G 1 2 3 I Plan first practice E, H, F 1 1 1 (a) Draw a project network. A project network with 11 activities and 13 directed arcs is shown. Activity Start is connected to activity A. Activity A…arrow_forward
- What precisely does the critical route approach achieve, however, and why is it such a vital part of project scheduling?arrow_forwardThis was a three part question. Bartelby helped me get A and B. The picture for Part A is the network diagram and Part B's answer is below for the critical path. My question I need to answer is Part C which is in the second picture. Part B There are the following paths in the project network. A –> B –> D –> G –> J = 2 + 4 + 2 + 3 + 7 = 18 A –> B –> E –> G – >J = 2 + 4 + 1 + 3 + 7 = 17 A –> B –> F –> H –> J = 2 + 4 + 8 + 5 + 7 = 25 A –> C –> F –> H –> J = 2 + 5 + 8 + 5 + 7 = 27 A –> C –> F –> I –> J = 2 + 5 + 8 + 4 + 7 = 26 The longest path in all the possible paths of the project network is A –> C –> F –> H –> J with the longest time. Therefore, the project duration is 27 days.arrow_forwardSelect the best answer for the following questions: 1) An ongoing process that evaluates and implements functions that drive a business is: a) Mission impossible b) Continuous improvement c) Quality control d) Cost effectiveness 2) Project Schedules are meant to provide a path forward to guide the project planning process, but not all activities are on the 'critical' path. Those activities not on the Critical Path are distinguished by including: a) Cost of activity b) Total Float c) Long Lead time d) Negative Lag 3) At what point in an engineering project is the Engineer involved? a) Conceptual Development b) Providing specifications c) Design Development d) Financial pro-forma 4) Engineers are characteristically good at all of the following but: a) Analyzing critical data b) Providing alternate solutions to process development c) Delegating tasks for a project d) Provide Quality control during design.arrow_forward
- Based on Table below, discuss how to complete the following project case:a. Create a network model in the form of Activity and Arrow (AoA) and Activity on Node (AoN) for the marketing product project of a company using the CPM method (manual and optimization software)! b. Analyze the critical path and critical duration for the company's project! Activity Description Predecessor Duration (day) A Production Planning — 18 B Market Survey and Market Research — 20 C Production Analysis A 28 D Modeling Product A, B 31 E Sales Brochures A, B 21 F Cost Analysis C, E 33 G Product Experiment D, E 42 H Sales Training B, E 29 I Cost Pricing H 26 J Project Report F, G, I 50arrow_forwardIssue Log: Analyze all entries in the Issue Log from the perspective of a project manager and explain the recommended course of action, noting the impact of the issue on scope, planning communications, and resourcing.arrow_forwardBelow is a network diagram that represents a university revamp project. The project manager analyzes this project using the critical path (CP) method. Activity durations are indicated on the networkarrow_forward
- The ideal outcome of the planning process group is to complete a project successfully by delivering the agreed-upon project scope within time, cost, and quality constraints Select one: True False Initiating involves developing a project charter, which is part of the project ______ management knowledge area. Select one: a. scope b. risk c. communications d. integration Estimate activity resources output Select one: a. Activity list, activity attributes, milestone list, project management plan updates b. Project schedule network diagrams, project documents updates c. Activity resource requirements, resource breakdown structure, project documents updates d. Schedule management plan As time progresses, the scope of a project should become ... Select one: a. more clear and specific b. more vague c. more ambiguous d. more difficultarrow_forward2. A project for improving a billing process has the following precedence relationships and activity times: a. Choose the correct network diagram below. b. Calculate the slack for each activity. Which activities are on the critical path? (answer yes or no for drop down menu and digits for "weeks")arrow_forwardThe following represents a project that should be scheduled using CPM a. Complete the table b. Draw the Network Diagram c. What is the critical path? d. What is the expected project completion time?' e. What is the probability of completing this project within 16 days?arrow_forward
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