Chapter 2 Homework Problem Solutions Chapter 2 Project Management Study Objectives: construct a network diagram for a project determine critical path and expected completion time of a project with deterministic task times (note: some of us also do calculations for probabilistic times‚ but not required) calculate slack times for a particular task know how to “crash” a project down to a certain completion time at the lowest cost (note: just the concept of crashing needs to be discussed and not the
Premium Critical path method Project management Normal distribution
project‚ including transporting the car to Detroit before the auto show begins. Your report should briefly discuss the aspects of the proposed new business‚ such as the competitive priorities that Roberts asked about. Roberts want to restore her Mustang to mint condition or as close to mint condition as possible‚ and use it in sales and advertising and take it to auto shows to attract new business within 45 working days. From the activities estimate of times and tasks that need to be done‚ we identify
Premium Customer Customer service Critical path method
800 Township Line Road‚ Suite 300‚ Yardley‚ PA 19067 Toll Free: 866.933.0508 Fax: 267.756.1440 www.mccanntesting.com college.measuredsuccess.com Florida’s Postsecondary Education Readiness Test And Diagnostic Assessment P.E.R.T. December 12‚ 2011 © Copyright McCann Associates 2011. All Rights Reserved 370 Scotch Road‚ Ewing‚ NJ 08628 Toll Free: 866.933.0508 Fax: 267.756.1440 www.mccanntesting.com college.measuredsuccess.com Table of Contents Introduction to the P.E.R.T ...........
Premium Copyright All rights reserved
The Pert Studebaker. Case Study Case Background From 1916 to 1966‚ Studebaker automobiles were manufactured in South Bend Indiana. Vicky Roberts became owner of Roberts’s Auto Sales and Service (RASAS) when she inherited a Studebaker dealership. RASAS is a diversified business that includes three sales and service car dealerships‚ two auto parts stores‚ a large body shop‚ a car painting business and an auto salvage yard. Ms. Roberts is considering expanding the business to include vintage car
Premium Critical path method Automobile Project management
The Legend of The Mustang The dust gray campfire smoke elevated high in the pig pink sky. The damp‚ dense dew floated across the old meadow. Out of the morning dew‚ suddenly appears a dark chocolate brown mustang with a coal black mane. The Indians who had just left the campfire say a mysterious legend had occurred on the meadow. Whoever left a campfire still smoking with apples and carrots‚ would cause the wonderful Martha Mustang to appear out of the dew and enjoyably eat the food. Then
Premium Sun English-language films Sky
Q2 Planning and control–Critical Path Method (CPM) & Progamme Evaluation and Review Technique (PERT) Explain what is meant by the Critical Path Method (CPM) and the Programme Evaluation and Review Technique (PERT)‚ as used in project planning and control? Department A is performing a system upgrade project with the following tasks‚ duration and task dependency relationships. Critical Path Method (CPM) The critical path method (CPM) is a step-by-step technique for process planning that defines
Premium Project management Critical path method
its greatest creation‚ the Mustang. This high-speed car has been a favorite of Americans for years because it has adapted to our society’s changes and has helped the U.S. car industry through many hard times. The Mustang has changed and improved mechanically in many ways throughout the years of its existence. A deeper look into its history shows that the Mustang has paralleled U.S. history and society’s evolving desires for American muscle. The remarkable Mustangs that you see on the road today
Premium Ford Mustang
Mustang Music Case Analysis Date: 12/11/2011 Group 6 Mustang Music is a music store. Its president and chief executive officer (CEO) is Arthur Weber. He “graduated from a well-known performing arts conservatory with a master’s degree in music‚ double majoring in classical guitar and composition.” He opened the store three years ago. Weber’s emerging vision was not merely to operate a music store and earn a living. Mustang Music’s strategy from the start concentrated more on quality of its
Premium Music Relation Musical instrument
edwalker@GeorgiaSouthern.edu INTRODUCTION This paper describes the use of a simple hands-on case in undergraduate classes to teach the concepts of a traditional PERT/CPM and Critical Chain project management techniques. A simple six-activity project is used to illustrate: the identification of project activities‚ development of activity time estimates‚ the development of the project network‚ the development of the PERT/CPM critical path and the probability of on-time completion using the critical path‚ the
Premium Project management
PERT/CPM Project management triangle is the symbol that represents the money‚ time and scope items in a project‚ which has been modeled by Harold Kerzner. Given the wide range of project management tools available‚ the key to selecting the right one is to understand that different tools are needed along the different stages of a project life cycle. Graphical displays such as gantt-charts usually make the information easy to identify; and we can easily use it for tracking cost‚ schedule and performance
Premium Project management Critical path method