1 . Why is it important to identify the critical path before starting a project? 2 ....
Question:
1. Why is it important to identify the critical path before starting a project?
2. On what kind of projects would the critical path be irrelevant?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
1 In addition to providing an estimate of project du...View the full answer
Answered By
Ashok Kumar Malhotra
Chartered Accountant - Accounting and Management Accounting for 15 years.
QuickBooks Online - Certified ProAdvisor (Advance - QuickBooks Online for 3 years.
5.00+
3+ Reviews
10+ Question Solved
Related Book For
Project Management The Managerial Process
ISBN: 9781260570434
8th Edition
Authors: Eric W Larson, Clifford F. Gray
Question Posted:
Students also viewed these Business questions
-
Why is it important to determine the critical path of a project? What happens if activities on this path are delayed? What happens if activities on this path are accelerated?
-
Why is it important to identify the real pain in the market that needs to be addressed by the business concept?
-
Identify the planning tasks performed as part of project time management. What is the critical path for a project? Why is it important to know which tasks are on the critical path? How would you gain...
-
In an effort to check the quality of their cell phones, a manufacturing manager decides to take a random sample of 10 cell phones from yesterdays production run, which produced cell phones with...
-
Consider the Texaco Pennzoil example from Chapter 4. a. What is EVPI to Hugh Liedtke regarding Texacos reaction to a counteroffer of $5 billion? Can you explain this resultintuitively? b. The timing...
-
Broemmer, age 21, was unmarried and 16 or 17 weeks pregnant. She was a high school graduate earning less than $100 a week and had no medical benefits. Broemmer was in considerable turmoil and...
-
Jackson Christmas Tree Companys businessthe growing and selling of Christmas treesis seasonal. By January 1, after its heavy selling season, the company has cash on hand that will not be needed for...
-
Your firm usually uses about 200 to 300 tons of steel per year. Last year, you purchased 100 tons more steel than needed (at a price of $200 per ton). In the meantime, the price of steel jumped to...
-
You are a marketing manager at a company that manufactures and sells handmade jewelry. Your company is considering participating in a sales carnival event held annually in your city. The sales...
-
Describe the mismatch between processor and disk technologies.
-
1 . What are the disadvantages of concurrent engineering (fast tracking)? 2 . What kinds of projects should avoid using concurrent engineering?
-
Part A Brian Smith, network administrator at Advanced Energy Technology (AET), has been given the responsibility of implementing the migration of a large data center to a new office location. Careful...
-
Morris Corporation issued $250,000 of 11%, 20-year bonds at 88 on March 1, 201X, with semiannual interest payable on March 1 and September 1. Amortization of discount is by the straight-line method....
-
Use the relationship between equilibrium constants Kc and Kp in notes, find the numeric relationship for the two constants for reaction 3 in Table 5.4. (10 points)
-
Okay so a firm has $12 million in debt, $3 million in preferred stock, and $26 million in equity. The corporate tax rate is 30%. The rate of return for debt, preferred stock, and equity is 5%, 2%,...
-
Rory is performing an analysis of two similar companies. Company A and Company B, which both have current ratios of 3:1. However, Company B's quick ratio is 1.85, whereas Company A's quick ratio is...
-
A local university football team has added a national power to next year's schedule.The other team has agreed to play the game for a guaranteed fee of $100,000 plus 25 percent of the gate...
-
5. Using the online exchange estimator, fill out the below table assuming that you insure just yourself. Use an income of $100. List the costs for the bronze, silver, and gold levels. Level Bronze...
-
In what sense do employers who discriminate pay an economic penalty? Is this penalty enough to eliminate discrimination? Briefly explain.
-
One hundred pounds of water at atmospheric pressure are heated from 60F to 200F. What is the enthalpy change? The internal energy change? Why is the difference between the internal energy change and...
-
1. How effectively do you think Rachel spent her day? 2. What does the case tell you about what it is like to be a project manager? Rachel, the project manager of a large information systems project,...
-
Describe the major components of the strategic management process.
-
Explain the role projects play in the strategic management process.
-
The Nike Corporation produces athletic shoes. Last month, it produced 8,000 pairs of shoes at a total cost of $50,000. When production increased to 10,000 pairs, the total cost rose to $60,000. i)...
-
Question 7 of 2 0 - 1 On January 1 , 2 0 2 4 , Crane Co . issued eight - year bonds with a face value of $ 6 0 3 0 0 0 0 and a stated interest rate of 1 0 % , payable semiannually on June 3 0 and...
-
Uno Company sold office equipment with a cost of $ 3 8 , 0 7 0 and accumulated depreciation of $ 3 4 , 3 7 9 for $ 5 , 3 5 0 . Required What is the book value of the asset at the time of sale? What...
Study smarter with the SolutionInn App