Crashing in the Critical Path Method assumes that the cost of crashing an activity is linearly proportional to the amount of time the activity is crashed; that is, the rate of cost increase is constant (see Exhibit 18.12). Is this a reasonable assumption? Why or why not? How might the concepts of economies and diseconomies of scale help to address this issue?
Answer to relevant QuestionsResearch and write a short one-page paper that describes two new examples of how organizations are using biztainment to gain competitive advantage. Draw the customer benefit package (CBP) for one of the items in the following list and explain how your CBP provides value to the customer. Make a list of a few example processes that you think would be necessary to create ...Research and write a short paper (2 pages maximum) on the skills needed to be a successful project manager. The table below shows estimates of activity times (weeks) for a project: Suppose that the critical path is A-C-D-E-G. What is the probability that the project will be completed within a. 34.5 weeks? b. 33 weeks? c. 35 weeks? Two international banks are integrating two financial processing software systems as a result of their merger. Preliminary analysis and interviews with all parties involved resulted in the following project information. The ...
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