Question: Problem 4: A network for the following training and development project: Activity a: Select personnel b: Invite personnel c: Budget ok? d: Prepare materials c:

Problem 4: A network for the following training
Problem 4: A network for the following training and development project: Activity a: Select personnel b: Invite personnel c: Budget ok? d: Prepare materials c: Engage instructor f: Select date g: Remind personnel h: Start project TE (weeks) Preceding Activities 3 none 5 none 14 5 a a 4 b 7 b 8 d, e 5 gif Find the critical path (which activities represent the critical path?) (25 points) Problem 5: A) Find the schedule (SV) and cost variances (CV) for a project that has an actual cost at month 22 of $540,000, a scheduled cost of $523,000, and an earned value of $535,000. B) Is the calculated SV in this example considered a favorable or unfavorable result? B) Is the calculated CV in this example considered a favorable or an unfavorable result? (15 points) Problem 6: a) A sales project at month 5 had an actual cost of $34,000, a planned cost of $42,000, and a value completed of $39,000. Find the cost and schedule variances and the CPI and SPI. b) Is CPI and SPI results favorable, or not, in this example? (15 points)

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!