34 36 23 19 19 15 15 4 0 V1(10) V2(2) I3(5) I2(5) D2(1) I1(3) D1(3) D4(4) D5(4) S3(1) D3(2) 92 0 D6(1) S2(6) S1(5) P 4(2) P 3(5) P 2(5) P 1(4) Question3: Slack Calculation and Critical Path Determination Activity | LS-ES | Slack | On Critical Path | P1 | 0-0 | 0 | | P2 | 8-4 | 4 | * | P3 | 4-4 | 0 | | P4 | 15-9 | 6 | * | S1 | 13-9 | 4 | * | S2 | 9-9 | 0 | | S3 | 11-17 | 6 | * | D1 | 23-23 | 0 | | D2 | 25-14 | 11 | *
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tasks in a project. Two of the most common charts used in project management are the Gantt and PERT charts. The purpose of these charts is to assist with project scheduling and illustrate task dependencies. Another tool that can be used is the critical path method (CPM). 1.Research and define PERT‚ CPM‚ and Gantt relative to project planning‚ scheduling‚ and control. 2.Respond to the following: ◦What are the advantages and disadvantages of each technique in project management? ◦How do these techniques
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Case Problem 1 1. Start Project 2010‚ open the Home-1 file located in the Project1\Case1 folder included with your Data Files‚ and then save the project file as NewHome-1 in the same folder. 2. Resize the Entry table pane so that you can see the Finish column. 3. Open the Project Information dialog box‚ and then write down the date that is displayed in the Finish date box. Close the Project Information dialog box without making any changes. Fisnish
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management tool employed in scheduling‚ organizing and coordinating various tasks within an organizational project. It is mainly a method use to analyze various tasks involved in accomplishing an identified project in respect to the time required to complete each of the task‚ and also to find out the least time required to complete the project absolutely. Critical Path Method (CPM) is quite similar to PERT; they both help in monitoring how big projects are progressing. The CPM is used for the control
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advertising and any other service needed. Francis and his team will observe the exam period on mid December and also the Christmas holiday season as the University will be closed. Francis will have to make a network plan‚ identify the critical activities and execute the plan accordingly. From now on‚ we will meet with Francis and his team bi-weekly to follow-up the plan and ensure the timing and quality of the event. I. Process Elements /Table of Content Page
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ASSIGNMENT BRIEF Qualification Unit number‚ code and title Pearson BTEC Level 5 HND Diploma Business Unit 6‚ K/601/0578‚ Business Decision Making Module Leader: Lecturers: Hillary E.K Hillary – Owusu - Mudassar – Bekhzod – Peter Distribution date Submission deadline WC – 22/09/2014 07/12/2014 Assignment title BDM: Business Decision Making Learning Outcome Learning outcome Assessment Criteria In this assessment you will have the opportunity to present evidence that shows you are able to:
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Critical Path However the duration of the project is meaningless without identifying what is driving the project‚ why the project takes so long‚ what possible action is required to shorten the duration or what possible risk may extend the project... Among the set of activities interconnected on the diagram; there is always one longest duration path from start to end of the project travelling through the network‚ Carmichael D. (2006‚ p.51). This longest path is also known as a critical path
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Table of Contents Activity on the node network diagram3 Determination of the timing of activities and the total float4 The project duration and the critical path..................................................................................................................................................................5 The earliest date the project can be completed given the starting date - Monday 7th May 2012..........................................................................5 The
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Management Dr. Paul D. Maxwell Jan 29‚ 2014 1. Reduce total project duration as much as possible without unnecessary additional cost. Indicate the new critical path or paths. Show how much slack or float remain in the noncritical paths. Below is the path without unnecessary additional cost. Path Original times(weeks) reduce total duration as much as possible with additional cost time(weeks) Slack or float(weeks) Original Cost (Dollars) Additional total cost(Dollars)
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the critical path? A project uses the critical path when you are starting to build the projects network diagram. Critical Path is the path of activities that all have a slack or float of 0. This process is very important because if any of the projects critical path gets completed later than schedule than the project might not be completed on time. Can there be more than one critical path in a given project schedule? Why or why not? Yes a project may have more than one critical path in
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