in conflict and the quantity of resource involved. Hint: The key to this problem is the layout you choose for the project. To identify resource conflicts, the schedule will have to include a timescale. b. What is the least cost method of resolving the conflict(s), assuming the project duration must not be extended? What additional cost, if any, will be incurred? Hint: The Project Manager may have to be creative here to propose the optimal solution. Check
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Project Management Anita Blakney HRM 520 Dr. Sue Lowe Construct a Cost-Benefit Analysis matrix for an organization that is considering replacing it’s internal payroll system with a payroll outsourcing service. Include direct and indirect revenue enhancements and direct and indirect cost reductions. Cost savings - Smaller organizations using payroll outsourcing company reduce costs by removing the time consuming HR tasks that slow down production. To determine the cost effectiveness
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Problems Question 1 #1 c only, Be sure to 1) identify all of the paths in the diagram and their lengths, 2) indicate which is the critical path, 3) work out the ES, EF, LS, LF for each activity, 4) what are the slack times for each activity? Solution Path | Expected Path Time | 1-2-5-12-16 | 44 | 1-3-6-13-16 | 39 | 1-3-7-14-16 | 41 | 1-4-8-9-10-11-15-16 | 35 | 1-4-8-10-11-15-16 | 38 | The critical path in this diagram is 44, that is 1-2-5-12-16 as the slack time is 0. Activity
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Research Paper Factory JoinSearchBrowseSaved Papers Home Page » Business and Management None In: Business and Management None Project Management, 2e (Pinto) Chapter 9 Project Scheduling: Networks, Duration Estimation, and Critical Path 9.1 True/False 1) Preceding activities are those that must occur before others can be done. Answer: TRUE Diff: 1 Section: 9.1 Project Scheduling Skill: Factual AACSB Tag: Reflective 2) A backward pass is performed when it
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Week 4 Individual Assignment Michael J. Beard Jr. CMGT/410 June 18, 2012 Beth Shoults Abstract To achieve success in implementing a project, it is essential to evaluate the project thoroughly. Project evaluation is a method to assure that every party involved within the project sticks with the objective until it is completed, and guarantee that precise expectations are met. Being Huffman Trucking’s evaluator, our company concentrates in certain aspects such as work authorization, project
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Identify the critical path. What are the alternative paths and how much slack time is associated with each “feeder path?” Critical path: B – C – E – G Duration Path Slack Other paths : A – D – G 21 weeks 2 days A – E – G 16 weeks 1 day B – F – G 20 weeks 2 days d) Identify the “burst” activities and the “merge” activities. Burst Activities: A and B Merge Activities: E and G Chapter 9 – Question 7 Critical Path: A – C – D – F – H 22 Other Paths :
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Week 5 Review Questions March 2, 2013 1. The project manager’s primary attention must be on activities that are on the project’s critical path because if there is any delay at all, it would cause the project to be delivered late. 2. For any activities on the critical path, there is zero amount of slack. For activities not on the critical path, the slack is calculated by subtracting the ES (earliest start) from the LS (latest start) or by subtracting the EF (earliest finish) from the LF
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Company A PERT/CPM Analysis | | | | | Task Detail Table 1.1 | | | | | | | | | | | | Task | Preceding Activity | Optimistic Time to Complete (weeks) | Probable Time to Complete (weeks) | Pessimistic Time to Complete (weeks) | Expected Time to Complete (weeks) | Variance (weeks) | START | | | | | | | A | START | 2 | 3 | 4 | 3 | 0.11 | B | START | 5 | 6 | 13 | 7 | 1.78 | C | A | 3 | 4 | 8 | 4.5 | 0.69 | D |
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What role does the Critical Path play in EV Analysis? The Expert Says: In our example the positive schedule variance indicates the project is ahead of schedule. However, the critical path for this project is A – C – E and requires additional evaluation. Delays on the critical path will impact the end date and deserve special attention. Here task A is on the CP and is significantly (10%) behind schedule. Be careful when analyzing project totals for SV and SPI as the Critical Path is not directly taken
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completing this project if no overtime is used are $100650 (Table 1) The critical path of the project consists of the path A – B – C – (D or E) – G and has duration of 43 Days (Figure 1). Figure 1 Task 2: What is the shortest amount of time in which the project can be completed? What is the cost of completing the project in the shortest amount of time? The shortest amount of time results from the critical path A – B – C – E – G, which is shown in Figure 2, and has duration of 30 days.
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