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 development of the critical chain
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Rating Rating in CPM represent the response of firm toward the critical success factors. Highest the rating better the response of the firm towards the critical success factor ‚rating range from 1.0 to 4.0 and can be applied to any factor. [pic][pic]There are some important point related to rating in CPM. • Rating is applied to each factor. • The response is poor represented by 1.0 • The response is average is represented by 2.0 • The response is above average represented by
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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
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MOHAMMED MIJANUR RAHAMAN MOON CYBER ZONE‚ STEDIUM ROAD‚ FENI-3900 +8801815 066588 ~ moon.nova@yahoo.com Objective To work in a position that utilizes my ability and challenges my quality and efficiency. This offers development opportunity for building my career as a computer engineer as well as Hardware and network. Now looking to continue making a continued significant contribution within I.T. networking. Personal Information Father’s Name : Maksudur Rahaman Mother’s Name : Monirun
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weight that range from 0.0 to 1.0.weight indicates the relative importance of the critical success factors. Rating: Ratings refer to strengths and weaknesses where 4= major strength‚ 3= minor strength 2= minor weakness and 1= major weakness. In CPM the rating and total weighted score for rival firms can be compared to the sample firms. This comparative analysis provides important internal strategic information. Mobile Manufacturing | I-phone | Samsung | Nokia | Success Factors | Weight
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1. Using the information provided‚ prepare the report that Roberts requested‚ assuming that the project will begin immediately. Assume 45 working days are available to complete the 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
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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
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the language it contains and the intricate way in which it is formed. Writing prose is a creative achievement and although it can by inspire the reader‚ it is read in a much more passive way than poetry. Reading a piece of prose there really is only one true interpretation that belongs to the author‚ however a poem demands a far greater creative effort. The reader must interpret the poet’s words through their own understanding and experiences‚ which can often create ideas and interpretations the author
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Which Is Better; Cats or Dogs? Cats and dogs both are good pets. Before deciding which one is better‚ there a few things to consider. Since they both are very different‚ they require owners with two very different life styles. Dogs require more time and attention as to where cats are more free willed. Dogs are very needy animals. Having a dog is almost like having a human. They have to be let out to go to the bathroom every so often. You should take them for walks so they can get exercise
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15 4 .60 3 .45 3 .45 5. Advanced Technology .15 3 .45 4 .60 3 .45 6. Number of Branches .20 4 .80 4 .80 4 .80 Total 1.0 3.85 3.65 3.55 1st Banco De Oro (BDO) 2nd Bank of the Philippine Islands (BPI) 3rd Metropolitan Bank (Metrobank) Based on the CPM Matrix of Banco De Oro obtained a weighted score of 3.85‚ while Bank of the Philippine Island obtained a weighted score of 3.65 and Metropolitan Bank and Trust Company obtained a weighted score of 3.55. Even if Banco De Oro has the highest weighted
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