• Operation Management Qp
    . If the cost of crashing per day is 25, 33, 46 and 29 rupees respectively, calculate the additional cost of the project for reducing the project duration. (a) (b) (c) (d) (e) Rs.596 Rs.632 Rs.659 Rs.694 Rs.753. ( 2marks) 51.Robots are versatile, computer-controlled machines programmed to...
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  • Operations Formulas
    finish time for activity TLF = latest finish time for activity Activity Slack = TLS - TES = TLF - TEF * Slack is how long activity can be delayed without affecting project * Activities on critical path have no slack Path Slack: Duration of Critical Path –(minus) Path Duration...
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  • Pert
    obtained the same result for EF for Task5 (i.e. 21 days) © 2012 PMstudy.com. All rights reserved 7 Performing Network Analysis (continued) Step 3: Calculate Float in all tasks – Backward Pass Please note: • For all the tasks on the Critical Path (i.e., Task1, Task3, Task4, and Task5) EF = LF...
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  • Walmart
    critical activity times and cost. You would need to know the normal time and cost in order to decrease the project duration by reducing the time of one or more critical activities to a time that is less than the normal activity time (crashing). 3. Assume that an activity has a normal time of 20...
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  • Scm 301
    |   | Save Answer  |   | 4. (Points: 3)   |   | Which of the following is the critical path?  1. ABDGJ  2. ABDFIJ  3. ABCEIJ  4. ABDHIJ  5. ABCFIJ |   | Save Answer  |   | 5. (Points: 3)   |   | What is the expected duration of the project?  1. 26 weeks  2. 32 weeks...
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  • Electrical Documents
    statement and WBS have been developed (i.e., the list of work tasks should be created before—not while—the network is created). 6.2 THE CRITICAL PATH The strength of project networks is their utility as a tool for project planning and control. They are good for estimating project duration...
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  • decision making
    task I had to draw another network diagram to work out what the critical path was. Then I determined which activities (including all other activities) fall under the three headings: ‘Definitely Critical’, ‘Possibly Critical’, and ‘Definitely not Critical’. After undertaking this task I found that...
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  • Critical Chain Project Management
    Critical Path Method (CPM) is a schedule network analysis technique. CPM was developed by theDuPont Corporation in 1957.Critical path determines the shortest time to complete the project and itis the longest duration path through a network of tasks. Critical tasks (activities) are tasks (activities)on...
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  • calsberge case study
     we  look  at  the  following  t asks.  The  only  “crashable”  task  on  the  critical  path  after  B9  is  A7  (2  week s  crashable  for  $  7,000).  So  if  we  want  to  reduce  the  duration...
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  • Spm Notes
    Shortening durations of critical tasks for adding more resources or changing their scope Crashing tasks by obtaining the greatest amount of schedule compression for the least incremental cost Fast tracking tasks by doing them in parallel or overlapping them Importance of Updating Critical...
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  • Project Scheduling Assistance
    resources. Establish recourse scheduled availability, net availability, and consumption rate. Assign resources to tasks. (iii) Refine the Project Plan. Apply a task calendar to individual tasks, change task types, split a task, establish recurring tasks, apply task constraints, review the critical path...
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  • Project Managment
    ) Calculate the time duration of each activity and the variance. (b) Draw the network diagram, determine the critical path and mark in the network. What is the total project duration? (c) What is the probability of achieving the project within the deadline of 30 weeks? Q 6 ) If a project requires...
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  • Paper
    the organization hierarchy Roles that are not well defined. Work pressure and high stress. 42. Please refer to the figure below: If these three tasks (i.e. TaskA, TaskB, TaskC) are part of critical path of one project, what is the PERT Estimate for the duration of the project? 1 2 3 4...
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  • Operations Management
    completion date and cost and measuring schedule and budget variation Communication Enterprise project management 9-464 CPM/PERT Critical Path Method (CPM) DuPont & Remington-Rand (1956) RemingtonDeterministic task times Activity-onActivity-on-node network construction Project Evaluation and...
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  • Balancing Mixed
    activity(s) duration by one time unit revise schedule analysis: note new duration desired duration achieved, or budget all spent? no stop yes B 8 E 7 Project duration = 22 weeks. Crash the cheapest task on the critical path first. Recording the analysis Identifying the cheapest option...
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  • Pmp Question Bank
    ) A project manager has increased project costs by US $75,000, but completed the project six weeks earlier than planned. What tool is best described here? 1. Resource leveling 2. Duration compression 3. Crashing 4. Fast tracking Answer: C (102) Which of the following is most true...
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  • specialization
    controls. Time Management Gantt charts, project network diagrams, critical-path analyses, crashing, fast tracking, schedule performance measurements. Cost Management Net present value, return on investment, pay back analyses, earned value management, project portfolio management, cost estimates...
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  • Management for Development Series
    duration of the project and its critical path or path with the longest duration. The figure below shows an example of a project network diagram that includes the duration estimates and dependencies. Figure Project network diagram Critical Path The Critical Path is the longest total duration...
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  • Project Management
    Themselves to Project Management Lesson 4. Laying Out Your Plan No Surprises The Holy Grail and the Golden Fleece From Nothing to Something Lesson 5. Assembling Your Plan The Critical Path for Completing the WBS The Chicken or the Egg? Is Planning Itself a Task? What About Your Hours? Internal...
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  • Interview Question and Answer for Sap Sd
    types of milestone? 8. What are the difference between flag and milestone activity? 9. What is a critical activity? 10. What is resource allocation and leveling? 11. What is a Baseline Program? 12. What are BSWS, BSWP, and ACWP? 13. What are SV and CV? 14. What is a Budget and how...
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