Case Study 1 1

Good Essays
Case Study 1
Project Management Analysis in the Internet Forecasting Industry

Group 4
Dilip Chinnaswamaiah, Ruiying Liu, Sandhya Aparna Pashikanti, Yingqi Yang, Hao Zhu

Executive Summary
In this case, our group used the techniques such as PERT, project crushing and visualization to solve the scheduling problems encountered in a development project at B&W Systems. We came up with the expected completion time and crashing solution to help the company meet the deadline. The problem was successfully solved.

Statement of the Problem
The 3 questions our group tried to answer were: How long will the development project at B&W Systems take? How to crash it to meet the 35-week deadline? What impact would there be if the estimated duration of some tasks changes?

Background
We referred to the lecture notes on network diagram and probabilistic time estimates. We also reviewed materials on project crashing. Additionally, before actually solving the problem, we transferred the information presented in Exhibit 1 and Exhibit 2 of the case to an Excel spreadsheet so that we could carry out calculations easily.

Methodology
First, since all the data came from the case and was already on an Excel spreadsheet, we began by calculating the expected time, variance, expedition available and slope for each task using the formulas below.

Expected time=(optimistic+4*(most likely)+pessimistic)/6
Variance=((pessimistic-optimistic)/6)^2
Expedition available=Crash time-Expected time
Slope= Expedition available/(Crash cost-Normal cost)

Calculation results can be found in Table 1 in the Appendix.

Second, with the expected time for each task available, we plotted the network diagram for the project (as shown in the next page).

Third, we found out all the paths based on the diagram and calculated the expected time, variance, standard deviation, Z value, possibility of completion by deadline and beyond deadline using these formulas:

Expected time=sum of Expected time of all the

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Case Study 1 1

    • 392 Words
    • 2 Pages

    Case Study 1 (Part A) P2-69B (Learning Objectives 4, 5, 6: Analyze the impact of business transactions on accounts; record (journalize and post) transactions in the books; construct and use a trial balance) During the first month of operations, Johnson Plumbing, Inc., completed the following transactions: Mar 2 Johnson received $35,000 cash and issued common stock to the stockholders. 3 Purchased supplies, $200, and equipment, $3,200, on account. 4 Performed services for a client and received cash…

    • 392 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Case Study 1 1

    • 359 Words
    • 2 Pages

    Bcor 120: Principles of management Safa Manai Group 8 Case application 1: Goodwill Industries International 1/ Goodwill industries international is a non-profit organization that uses surplus revenues to achieve its goals through planning to obtain more donations, organizing by preparing plans and deciding how and when to use them, leading by motivating employees and encouraging them to work hard and controlling by monitoring the progress of the organization, making corrections and being responsive…

    • 359 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Case Study 1 1

    • 1468 Words
    • 4 Pages

    assistance with Meghan’s anorexia due to the fact the subject has not been added to the curriculum. This is the cause of budget cuts and school board mandates of study. Proper eating habits are mentioned only in passing in general science class and may have no impact or follow-up for Meghan or her fellow students. The primary stakeholders in this case are Meghan and her parents. They will be the ones most affected by Meghan’s disorder. The parents are the caretakers and this can take a heavy toll on them…

    • 1468 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Case Study 1

    • 1256 Words
    • 5 Pages

    Case Study: A case study is an account of activity, event or problem which contains a real or hypothetical situation. It includes complexities you would encounter in workplace. To learn about a case study we need the following skills: 1. Analyzing a case 2. Ability to apply knowledge 3. Reasoning and 4. Drawing conclusions According to Kardos and Smith (1979) a good case has the following features: It is taken from real life (true identities may be concealed). It consists of many parts and each…

    • 1256 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    Unit 1 Case Study 1

    • 347 Words
    • 2 Pages

    Unit 1 Case Study 1: Tell Me About Blood Stephanie Sprague ITT Technical Institute Unit 1 Case Study 1: Tell Me About Blood 1)What is the significance of a lower-than-normal hematocrit? What is the effect of a bacterial infection of the hematocrit? Can cause bleeding destruction of red blood cells causing sickle cell anemia and an enlarged spleen it can also cause decreased production of red blood cells which in turn can cause cancer and bone marrow suppression. Nutritional problems as well as over…

    • 347 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Case Study 1

    • 1670 Words
    • 6 Pages

    Case Study 3.1 Zumba: A dance phenomenon is going global 1. Which of the internationalization models presented in this chapter best fits the internationalization of Zumba? 1. The network approach model best describes the internationalization of Zumba. The key feature of the model is that the firm itself cannot succeed on its own, it is dependent on resources controlled by others. Similarly to the Zumba case study, they profit from their instructors, academy, instructors courses, monthly…

    • 1670 Words
    • 6 Pages
    Satisfactory Essays
  • Satisfactory Essays

    case study 1

    • 1087 Words
    • 5 Pages

    Case Study 1: Martin Martin, a behavior analyst, is working with Sara, a 14-year-old girl with severe developmental delays who exhibits self-injurious behavior (SIB). The self-injurious behaviors included pulling her hair, biting her arm and banging her head against the wall. After conducting a functional analysis, Martin decided to employ an intervention program consisting of differential reinforcement of other (DRO) desired behavior. Martin collected data on Sara's SIB before and during the intervention…

    • 1087 Words
    • 5 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Case study 1

    • 508 Words
    • 2 Pages

    Case study 1: Bring Your Own Device (BYOD) Noor AL Shadidi PR. Balmakhtar CIS 333 Strayer University 7/30/2014 Case study 1: Bring Your Own Device (BYOD) There are pros and cons to a BYOD policy. Each company must carefully weigh both sides of the situation before making a decision. As the business world moves forward, there may be more companies using BYOD. There are some benefits to a BYOD policy. Having employees use their own devices can save the company money. Instead of buying devices…

    • 508 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Case Study 1

    • 575 Words
    • 3 Pages

    Case study 1 clearly was a case in which fraudulent activity had clearly taken place. If it was not for the internal audit conducted by the ABC company, Hank Duckworth would probably still be getting away embezzlement. The clues that led up to Hanks demise was that Jane discovered that some of the accounts payable checks lacked complete endorsement by the payees. When Jane dug a little deeper she found five more checks made out to different people but all of the endorsement’s had the same handwriting…

    • 575 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Case Study 1

    • 445 Words
    • 2 Pages

    Fizza Mansoor January 24, 2012 Chapter 1 - Case Study 1 and 2 Questions Case Study 1 1. How does Accenture People site help Accenture better serve its customers? a. It helps in the sense that it makes the other people who are working in other countries to help with getting information easier. They are able to share information easily of different projects and are able to communicate directly rather than waiting. This will help consumers with their output and they will receive…

    • 445 Words
    • 2 Pages
    Satisfactory Essays