Question: 1-6 using data on image 1 Question 1: Using the critical path analysis, answer the following questions: 20pts (1a) Based on the expected tasks' duration,

1-6 using data on image 1  1-6 using data on image 1 Question 1: Using the critical
path analysis, answer the following questions: 20pts (1a) Based on the "expected"
tasks' duration, what is the estimated completion time for this project? (1b)
What is the likelihood (probability) that the project will be completed in

Question 1: Using the critical path analysis, answer the following questions: 20pts (1a) Based on the "expected" tasks' duration, what is the estimated completion time for this project? (1b) What is the likelihood (probability) that the project will be completed in 40 weeks? Question 2: What is the additional cost of reducing the project completion time to 35 weeks? Which specific tasks do you recommend crashing to achieve this target completion time? 10pts Question 3: What impacts project completion time if the market assessment (Task B) takes five weeks longer than expected? Justify your answer. 10pts Question 5: Construct a weekly schedule (or GANTT chart) for the project. You may use the template provided in the attached Excel data file. 10pts Note: Use the original project data (i.e., ignore scenarios listed in previous questions). Hint: Plan to start a task as early as possible for scheduling purposes. Question 6: Phillip started the project per the weekly schedule (from Q5). He decided to conduct an earned value analysis (EVA) at the end of week 30 to assess the project's progress. Using the task status reported in the attached Excel data file: (6a) Compute the project's cost variance (CV) and schedule variance (SV) at the end of week 30.10 pts (6b) Using the schedule performance index (SPI) and cost performance index (CPI), is the project ahead or behind Question 4: Just the night before the meeting, Philip was informed by the Director of Quality that due to the project's complexity, quality assurance work (Task H ) will likely need seven weeks (the most pessimistic time) to complete. Answer the following questions: 20pts (4a) How does this news impact the project completion time? (4b) Does the project now have a new critical path? If so, what is it

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!