proposed system are: -Break-even analysis -Payback analysis -Cash-flow analysis -Present value analysis Break-even analysis is to be used if the project needs to be justified in terms of cost, not benefits, or if benefits do not substantially improve with the proposed system (Kendall and Kendall, 2014 Pg. 69). It’s useful when a business is growing and volume is a key variable in costs (Kendall and Kendall 2014, Pg. 67). A particular strength of the break-even analysis is being able to measure the
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1 ________________________________________________________ Chapter 3 - Problems and Exercises 1. 2. 6. Which of the four phases of the project management process do you feel is most challenging? Why? What are some sources of risk in a systems analysis and design project and how does a project manager cope with risk during the stages of project management? Calculate the expected time for the following activities. Activity A B C D E F G H I J 7. Optimistic Time 3 5 1 2 2 3 1 3 2 4 Most Likely Time
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Capital Cost: (12 Windows 2000 workstations*$3,000) + (5 Window 2000 servers*$12,500) = $98,500 3. What is (are) the critical path(s) in the project? What is the level of risk in completing tasks on the critical path(s)? Explain. The critical path is added to the appendix of this case report. As shown in Figure 1 and 2, many tasks are correlated so that one critical phase can affect the other. Here, we divided the entire process into three parts: namely by “Detailed Design” part (on the
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ST. MARY’S MEDICAL CENTER A. The network for the given problem is as shown below B. The various activities given in the case may be broken down into sub-activities as follows. a. Meet with department heads i. Fix appointments with department head ii. Prepare agenda and inform department heads as needed iii. Meet department heads and discuss plans b. Appoint move advisory committee iv. Decide broad advice required from advisory committee
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CS 587 Software Project Management Instructor: Dr. Atef Bader MS Project Tutorial MS MS Project in Labs: Available in Siegal Hall Lab in Main Campus Available in Room 210 Rice Campus Prepared by Milton Hurtado How to get MS Project ? How Download MS project from following link http://www.microsoft.com/office/project/ Embarking new Project Embarking Go to file, select new. This will open a screen for blank project click ok. You can now enter your project information
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a) From Table 1 below, draw the Critical Path Method (CPM) network diagram and highlight the critical path for the project. The expected activity times are in weeks. Table 1 [20 marks] b) From the Critical Path Method drawn in question (a) above, perform the CPM calculation and perform in a table 2 form as shown below. Table 2: Example of CPM analysis table ACTIVITY A B C … … … … J TIME 3 4 5 EST EFT LST LFT SLACK CRITICAL ..
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UNIVERSITY OF NAIROBI Topic: Project Management Using Network Analysis Term paper for the course SMA 473: Network Analysis, Graphs and Scheduling Lecturer: Prof. Ganesh Prasad Pokhariyal. Name: munuhe allan ndungu Registration No: I09/1916/2012 Table of Contents Abstract ………………………………………………………………………………..………. 3 Chapter 1.Introduction …………………………………………………………………………. 4 1.1 Background Information ………………………………………………………….. 4
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desired result. Analysis Our project is doing quite well. It is estimated to come in at a cost of $833,333, which likely means spending another $213,333 to finish the project. This is $141,667 less than originally planned. This means it should be quite easy to meet senior-management goals as denoted in the original project plan. 4. Analysis * Schedule: The positive schedule variance and SPI above 1.0 indicates the project is ahead of schedule; however, the critical path for this project
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CRITICAL PATH METHOD (CEE 320 – VDC SEMINAR) 4 February 2009 Jesse Santiago & Desirae Magallon Overview Background & History CPM Defined The CPM approach Definitions Class Exercise Background & History Developed in the 1950s by the US Navy Originally, the critical path method considered only logical dependencies between terminal elements Since then, it has been expanded to allow for the inclusion of resources related to each activity, through processes called activity-based resource
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Presenter Notes for Power-point Decision Analysis Task 4A-E A. (Slide 1) Gloria Rodriguez, Shuzworld's retail development specialist, was looking at some possibilities of placing a Shuzworld store into a major target area and has three options to consider. The first option is to build a proposed stand-alone store, the second option is to open an Auburn Mall store, and the third option is to do nothing at the moment. (Slide 2) With the information given from Ms. Rodriguez, the stand-alone store
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