Answer the following question with a clear explanation, showing any steps or processes used to reach the answer. Explain your process as though you are teaching the concept to a student who isn't familiar with Business Management.
a. What is the critical path method and why is it useful when
planning projects?
b. Determine the slack or float for each activity. What does slack
mean?
c. Find the critical path and determine how long the project will
take if there aren't any delays.
Pls write the answer with complete explanation
a. What is the critical path method and why is it useful when planning projects?
b. Determine the slack or float for each activity. What does slack mean?c. Find the critical path and determine how long the project will take if there aren't any delays.
Answer the following question with a clear explanation, showing any steps or processes used to reach...
Answer the following question with a clear explanation, showing any steps or processes used to reach the answer. Explain your process as though you are teaching the concept to a student who isn't familiar with Business Management. a. What is the critical path method and why is it useful when planning projects? b. Determine the slack or float for each activity. What does slack mean? c. Find the critical path and determine how long the project will take if there...
Use AstroTurf Company's income statement below to answer the following two questions. Answer these questions with a clear explanation, showing any steps or processes used to reach the answer. Explain your process as though you are teaching the concept to a student who isn't familiar with accounting. Operating costs (excl. depreciations & amortization): $4.5m Depreciation and amortization: $1.5m Interest: $0.7m Net Income: $2.8m Tax Rate: 35% 1. Calculate AstroTurf’s EBITDA. 2. What level of sales would generate a net income...
Use AstroTurf Company's income statement below to answer the following two questions. Answer these questions with a clear explanation, showing any steps or processes used to reach the answer. Explain your process as though you are teaching the concept to a student who isn't familiar with accounting. Operating costs (excl. depreciations & amortization): $4.5m Depreciation and amortization: $1.5m Interest: $0.7m Net Income: $2.8m Tax Rate: 35% 1. Calculate AstroTurf’s EBITDA. 2. What level of sales would generate a net income...
A Question 11 The following table provides a list of activities in a project, along with their respective durations and precedence requirements: Immediate Duration Activity Predecessor(s) (weeks) 2 B 3 C B D А E A.C 1 F DE 3 с 3 2 6 G Determine the amount of slack time for Activity E: a. O weeks b. 1 week C. 2 weeks O d. 3 weeks Question 12 Assume that activity A has the following times: Early start time...
Choose an event or significant task and prepare an activities list following a format similar to that used in the text, Table 9.3, Chapter 9, page 391. Be sure to include the immediate predecessors. Then, create a project network similar to that shown in Figure 9.7, Chapter 9, page 392. Do NOT include times for the activities and do NOT attempt to determine the critical path. Examples of events you might consider (there are many others): formal dinner for 5...
Case #2 Table 2 Family Planning Research Center Costs Activity A В. Crash Time (days) 3 4 2 1 3 Normal Time (days) 6 8 4 3 7 5 3 6 7 10 10 Dr. John Watage, deputy director of the family planning Research Center in Nigeria's Over-The-River Providence, was assigned the task of organizing and training five teams of field workers to perform educational and outreach activities as part of a large project to demonstrate acceptance of a new...
Question #1: Some of the tasks in this project can be done in parallel. Prepare a diagram showing the required network of tasks and define the critical path. What is the length of the project without crashing? Do not just answer, but show the whole process. Question #2: If the critical path is longer than 29 days, what is the least additional amounting that Dr. Watage can spend and still achieve this schedule objective (29 days)? Do not just answer,...
Please read through the article below and answer the question at the end of the article. What Are the Project Management Knowledge Areas? PMI created a set of standard terminology and guidelines for project management, which is known as the project management knowledge areas. This is an evolving standard that is updated periodically in its PMBOK. Project management knowledge areas coincide with the process groups, which are project initiation, project planning, project execution, monitoring and controlling, and project closing. These...
Question 1 For each of the following sub-questions, select the best answer. Each correct answer is worth two marks. 1. Neither Chile nor Peru has a mass-market café culture, but this fact has not stopped Starbucks from trying to determine what can be done to make its coffee houses successful in those markets. By recognizing that people in these two South American countries do not drink coffee as people in the United States do and that it needs to change...
Please read the case provided below and answer the following question: In 2007, JetBlue was a booming young airline with a strong reputation for outstanding service. In fact, the low-fare airline referred to itself as a customer service company that just happened to fly planes. But on Valentine's Day 2007, JetBlue was hit by the perfect storm-literally-of events that led to an operational meltdown. One of the most severe storms of the decade covered JetBlue's main hub at New York's...