event. “To determine whether the identified risks could impact the success of the project‚ each risk was given a score of either 1 (very low)‚ 2 (Low)‚ 3 (Moderate)‚ 4 (High)‚ and 5 (Very High) in the areas of likelihood of risk occurring and risk impact on the project. The detection difficulty was scored using a scale ranging from 1 (no warning time)‚ 2 (low warning time)‚ 3 (moderate warning time)‚ 4 (high warning time)‚ and 5 (extremely high warning time). A higher score provides more time to
Premium Risk
day crashed d) 500-200/3-2= $300 per day crashed e) 550-300/2-1= $250 per day crashed b) Which activities should be crashed to meet a project deadline of 10 days at minimum cost? What is the cost impact of crashing these activities? [3 points] Path ABE= normal length 12 (critical path) Path CDE= normal length 11 B for 1 day @additional cost $50 and E for 1 day @additional cost of $250. Total $300. c) Find the new budget (or cost of the project). [2 points] Normal Cost 300+250+400+200+300
Premium Project management Earned value management Project manager
easily trained so that no extra monies are spent. 2. What is your budget for the Planning Phase? What is the Planning Phase duration in weeks? The current budget for the Planning Phase of the Huntsville Project is $251‚200 with duration of roughly10 weeks. This Phase of the project is scheduled to last from April 18th 2011 to June 24th 2011. 3. What is your budget for the Preparation Phase? What is the Preparation Phase duration in weeks? The current budget for the Preparation Phase of the
Premium Project management Project Cost
the property so connecting to these should not present any unusual technical problems. 1.2. What Must Be Included with Bid All bids must be itemized along with Labor and Materials broken out. Working hours are from 7:00 AM to 7:00 PM‚ 7 days a week. Weekend work is not required however‚ if you are including weekend work in order to meet or beat the schedule please make note of it. All insurance information must be submitted with your bids confirming all of you workers compensation etc
Premium General contractor Request for proposal Pennsylvania
problems for this week ’s assignment. 2-1 Basic Estimating Problem Your company is installing a new piece of machining equipment and a robotic arm. Your manager asks for the project costs by cost category as well as the total amount. Given the following information‚ develop a base cost estimate by grouping costs by Equipment / Material (items 1 – 4)‚ Installation / Labor (items 5 and 6)‚ and Overhead (items 7-9). 1. Two pieces of equipment costing $ 15‚000 and $ 35‚000 2. Material required
Premium Cost Costs Price
project. The Gantt chat in the Microsoft project shows each activity and estimated duration as when it will be completed. The Gantt chat also reveals that the estimated completion time for the entire project will be July 6‚ 2012 which is one week after the projected date set by the board of directors which is June 30‚ 2012. This is clearly indicates that the project would not be completed on time as it was projected. In my opinion I think July 6‚ 2012 is not too far from the expected project
Premium Project management Resource allocation
Work Breakdown Structure – Quiz 1 See tutorial in Week 1 lecture. a) In order to accommodate the smaller budget‚ the project manager will extend the schedule because the resources are not as efficient and/or reduce the scope. The triple constraint should always be balanced. b) The quality is reduced because there are less resources to accomplish the task in a high-quality fashion. (TCO B) You are a project manager for a new Hardware Software Project. You just received the project charter and
Premium Project management
company a completely operational 25‚000 square foot manufacturing and distribution facility. To install all plant equipment and complete testing to ensure that all plant equipment is working to specifications. To complete an extensive walk-through one week prior to sign off by production management. Project Objectives To place the project in a matrix organizational structure equipped with capable staff that are recruited both outside and inside of the company. APPROVALS Type Name Signature
Premium Project management
Project Plan Part 1 University of Phoenix‚ PM 586 The Berkshire Hills Bancorp is the parent of Berkshire Bank. The organization has approximately $6.0 billion in assets and 90 full service branch offices in Massachusetts‚ New York‚ Connecticut‚ and Vermont providing personal and business banking‚ insurance‚ and wealth management services. (Berkshire Hills Bancorp‚ 2014). The organization has a hiring process that needs updating to be able to identify the best candidate
Premium Project management Project planning Management
Week 2: Project Charter/Scope ProJ 586 Project Name | Construction of a new plant | Project Number | 001-001A | Project Manager | David Mulay | Prioritization | High | Owner(s) | Walter Seitz | Start Date: | April 18‚ 2011 | Scheduled Completion Date: | June 30‚ 2012 | Mission | The Purpose of this
Premium Project management