Question: Part B: Task Description Duration Predecessor Budget Required A Procure Equipment 2 - $80,000 1 team B Install Equipment 4 A $200,000 1 team C

Part B:

Task

Description

Duration

Predecessor

Budget

Required

A

Procure Equipment

2

-

$80,000

1 team

B

Install Equipment

4

A

$200,000

1 team

C

Test & Fix

6

B

$200,000

1 team

D

Take Measurements

8

B

$80,000

1 team

E

Prepare Documentation

4

B

$40,000

1 team

F

Train Operators

8

E

$160,000

1 team

G

Train Staff

2

E

$80,000

1 team

H

Compute Pattern

2

D, G

$40,000

1 team

I

Rollout

1

C, F, H

$40,000

1 team

You decide to schedule all activities at their earliest start date and provide enough resources (i.e., teams) to make that possible without delays. The budget for each task is listed in the table above. Ten (10) weeks into the project, you get a performance report. The procurement and installation of the new equipment is complete, testing/fixing is at 75% complete, taking measurements is 75% complete, preparing documentation is 100% complete, operator training is 10% complete, and staff training is 20% complete. In total, $650,000 have been charged against the project.

Task

Description

% complete (at 10 weeks)

A

Procure Equipment

100%

B

Install Equipment

100%

C

Test & Fix

75%

D

Take Measurements

75%

E

Prepare Documentation

100%

F

Train Operators

10%

G

Train Staff

20%

H

Compute Pattern

0%

I

Rollout

0%

(10 Points) Is the project on budget and on time (use the Earned Value metrics we discussed in class)? Justify your answer.

(5 Points) Discuss the overall health of the project.

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!