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Project Management

Quantitative Analysis: Networks, PERT, and Critical Path

1. Develop a network drawing for Hill Construction & determine the critical path. How long is the project expected to take? 2. What is the probability of finishing in 270 days? 3. If it's necessary to crash to 250 or 240 days, how would Hill do so, and at what costs? As noted in the case, assume that optimistic time estimates

Networks, PERT and Critical Path: Example Problem

Please refer to the network activity times shown in days. a) Find the critical path b) If the project is shorted by four days, show which activities, in order of reduction, would be shortened and the resulting cost.

Elements and their benefits in developing a comprehensive project scope analysis

Develop a comprehensive project scope analysis. I understand this as the conceptual development process, scope statement and statement of work that will clearly detail the projects expectation , problems , goals, objective, and aids in the projects communications with stake holders The response addresses the queries poste

Role of a Project Manager: Gap Between Geeks and Suits

Explain the role of a project manager as an interface between business and technology professionals in an organization. Discuss 5 things a PM can do to bridge the gap between the "geeks" and the "suits" in any organization. About 200 words, no references.

Quantitative Analysis: Networks

Problem 1 The following data were obtained from a project to create a new portable electronic. Activity Duration Predecessors A 3 Days --- B 4 Days --- C 6 Days --- D 2 Days A, B E 1 Days C F 3 Days D G 3 Days E, F H 7 Days D I 10 Days G Construct a network for the project. Then review a

Project Management: Value of Linear Reponsibility Matrix

Note that the terminology of "linear responsibility matrix" is not typical. Typically, we will use the "RAM" meaning the responsibility assignment matrix. You may also see it written as the responsibility allocation matrix. Regardless of the terminology, what value do you see in this document?

Construction Project Management: Project Timelines, Critical Path, and PERT

You are the general manager of a large construction project. The contract has both financial incentives for finishing on time or early as well as large penalties if the project is completed late. To get the project done on time or early that project planning using a formal timeline is essential. You ask the project manager to ad

Project Analysis and Evaluation

The ProBuilder Company is considering the introduction of a new product line which will require the construction of a new plant and equipment, estimated to cost $8,000,000 plus $600,000 for shipping and installation. Depreciation will be the straight line method to zero over 10 years. ProBuilder acquired the land on which the p

Progress Reports important in Project Management

1. Why are progress reports an integral part of project communications? What should they include? How are they different from a final report? How and why do they improve a project? 2. Provide your thoughts on what the purpose of a problem solving meeting is and how would one be conducted?

System Design Issues: Example of project, system or product that overcame issues

If a project is poorly designed and constructed, will a well-planned and well-executed implementation effort help the project to succeed? Will a well-designed and well-constructed system overcome a poor implementation effort? Can you give an example of a project, system, or product that has overcome design or implementation prob

Analyze an IT work-related project to evaluate success or failure.

Prepare a paper that analyzes an IT work-related project or fictitious project using systems analysis for a selected business system at the department or division level. Include information-gathering techniques and design methods used in the project. Analyze and evaluate what made the project a success or a failure. Must be AP

Project Outline: Cross Cultural Management

Project Outline: Title - Cross Cultural Management Description of the project Specific topics for research, in bullet form Possible sources Your reasons for undertaking this project

Describe role of project leader in creating a WBS

Use the following project scope statement: Riordan Manufacturing is a plastics injection molding manufacturer pursuing a Go Green project with the intent of achieving International Organization for Standardizations 14001 certification. Riordan's main objective is to improve the sustainability of its products and processes. A

Net salvage value of a 3 year tax life asset

A new asset with a 3-year tax life is to be used in a 5-year project. The asset cost $200,000 and will be depreciated based on MACRS. The machine will generate revenues of $100,000 a year and operating expenses, excluding depreciation, is $40,000 a year. The asset is expected to be sold for $20,000 at the end of the project. Ass

Scheduling and Project Management (Operations Management)

How would you crash a project (which activities would you crash) to keep the project on schedule and achieve the original duration, if Activity B actually takes 5 weeks instead of the planned 3 weeks? (Explain your logic)? Activity Description Predecessor Normal Time (weeks) Normal Cost Crash Time (weeks) Crash Cost A Fina

Work Breakdown Structure: Example Problem

Task Type: Individual Project MS Project or WBS Template or in Excel Your next step in the project management process is to create a work breakdown structure for the trade show. The WBS should include all the tasks and their dependencies, schedule, cost, activity assignments and resource needs. The result should be a