Q1: For activities shown in table below, find the new time of project after updating, if t! project manager decided to update the activities of project after ( one month), th manager increased the time of activity which locate on the critical path (one weeks). Activity A B C D E F K M S R N J Duration Days 7 15 8 13 14 16 14 8 11 12 22 22 20 19 Followed D F f M = NO
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- The following project has a critical path of ACD with an expected duration of 10 weeks and a standard deviation of 2 weeks. Given the cost data below. What is the P95 estimate of the cost of the project, Мean Stdh. Dev. Activity Predecessors Cost ($K) Cost ($K) none A 4 1.5 A 7. 2.75 B,C 2 0.5 O 19.6 O 8.4 22.8 O 24.2 O 14.6ge 1: e 2: e 3: e 4: e 5: e 6: The expected times and variances for the project activities are given below, critical path is A-D-F-H. What is the probability of the completing the project in 29 periods? ID Description A Pilot production Select channels of distribution Develop program Test market Patent Full production Ad promotion Release B C D E F G H 0000 50% 40% 70% 60% Predecessor None None None A A D C B,E,F,G te 6 N 7 4 4 10 16 3 2 Variance [(b-a)/6]2 3 4 2 2 5 10 2 1Project Scope Management Khan, (2006) (see below) states that, "Managing the scope of a project is the most important function of a project manager ... Effective scope management of a project also ensures the success of key completion areas, including time, cost, and quality. Project scope management can be further subdivided into its components which include: project initiation, scope planning, scope definition, scope verification, and scope change control." Based on your Integrated Project: Select two of the subdivisions above and discuss the primary issues that could arise from the process. Your response should begin with a definition of the selected subdivision before detailing the selected process
- 8 EARNED VALUE ANALYSIS The following project is reported to be at the end of its 8 week. Find the cost and schedule variances. Also find the CPI, SPI, CSI, ETC and EAC for the project. Find the condition of the project at the this reporting period. PV AC Budget ($) Duration Actual Cost % D-8 Activity Predecessor (s) (week) ($) Complete 300 400 A 3 100 A3 В 4 200 180 100 B:4 C 7 250 300 90 A 8 600 400 50 400 200 В 40 150 180 F В 4 100 G C 4 100 200 40 500 H D, E 2 300 F, G 3 J H, I 1 100 ㅇ CO 프 (-)The following table shows estimates of activity times (in weeks) for a project: b. What is the probability that the project will be completed within 33 weeks? c. What is the probability that the project will be completed in more than 34 weeks? Activity d. What is the probability that the project will be completed in 35 weeks? ABCDEFG А G Optimistic Most Probable Time Time 5 6 3.5 4 3 6 7 5 9 4 6.5 Suppose that the critical path is A-C-E-F-G. Use Appendix A to answer the questions. Do not round intermediate calculations. Round your answers to three decimal places. a. What is the probability that the project will be completed within 36 weeks? 6 10.5 Pessimistic Time 7 4.5 5 10 9 7 15A project with total budget cost of 30 cr. is scheduled to be completed in 80 weeks. A periodic review was carried out at end of 60 weeks and results are as given: Budgeted cost of work performed = 17 cr. Actual Cost of work performed = 19 cr. Budgeted cost of work scheduled = 21 cr. What is the cost performance index? A.0.895 B.0.81 C.0.90 D.1.12
- Use the following project status information to calculate each of the requested EVM numbers below (a-i).The project status is reported at the end of week 13. Task Budget Cost Budget Duration Status as of Week 13 A $5,000 2 Weeks 100 percent complete $5,000B $8,500 3 Weeks 100 percent complete $9,000C $15,000 4 Weeks 75 percent complete $14,000D $10,000 4 Weeks 50 percent complete $9,000 E $12,000 4 Weeks Not startedF $15,000 5 Weeks Not started a. Planned Valuedb. Actual costc. Cost varianced. Schedule variancee. Cost performance indexf. Schedule performance indexg. Budget at completionh. Estimation to completei. Estimation at completionThe optimistic, most likely and pessimistic times for the tasks comprising a project are shown below. Use the data to compute the expected completion time and variance for each task. Task to tm tp A 5 10 19 B 2 16 19 C 7 10 14 D 6 22 29 E 20 26 29 Find the expected completion time and variance for each task and fill in the table below (enter your responses rounded to two decimal places). Task to tm tp te s2t A 5 10 19By using Bar chart planning method, find the following: - Total duration for the project activities shown below - The project completion date (assume the start date is 1/3/2012 Activity A CDEFGHI J Duration 85 2846 7 45 6 (days) Following Activity C,D EFGHIJJ * If the project shown above had a delay of (4 days after (13working days), what would its new delivery date be? B B
- Use the following project status information to calculate each of the requested EVM numbers below. Budget Task Cost ($) (weeks) Duration Status 400 100% complete, at cost of 400 100% complete, at cost of 800 100% complete, at cost of 1400 A 1 800 1 1500 2 1000 E 50% complete, at cost of 900 50% complete, at cost of 1100 Not started 1200 3 F 1500 2 Please just type the numbers without labels, dollar signs, commas, etc. 1) PV = [Blank#1] 2) AC = [Blank#2] 3) EV = [Blank#3] 4) CV = [Blank#4] 5) CPI = [Blank#5] (give 3 decimal places for CP) %3DDevelop a project network. Determine the expected project completion time. What is the probability that the project completion time will be completed? With in 2 weeks earlier than the expected project completion time? With in 1.5 week more than the expected project completion time ?Justify the use of earned value management (EVM) to control expenses and monitor the effectiveness of a project, and speculate as to why it is not used more often. How can one determine if a cost variation, a schedule variance, a cost performance index, or a schedule performance index is favorable or unfavorable? What are some general criteria to follow?