Schedule updates of the project using actual finish times
Schedule updates of the project using actual finish times
Homework Answers
AS your question is unclear, I'm gonna just brief about the schedule updates
Setting a baseline is important for tracking and reporting. It is equally important to enter each tasks Actual Start and Finish dates, particularly if different than the Baseline dates.
As for the schedule update, we must set the actual start, actual and remaining duration and actual and remaining cost values to update the schedule.
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The customer has seen the Technology Refresh (Version B) project schedule and the expected project finish...
The customer has seen the Technology Refresh (Version B) project schedule and the expected project finish time. However, the customer is concerned about the schedule risk of the project. Therefore, he wishes to know the following (i.e., determine the following): 1. The probability of finishing the project in 287 days. 2. The probability of finishing the project in 273 days. Hints: 1. If you wish to solve part 3 using the Z-value approach, refer to the Standard Normal Cumulative Probability...
Consider the following project network and activity times (in weeks): Start Finish Activity | A B C D E F G H Time 5 37...
Consider the following project network and activity times (in weeks): Start Finish Activity | A B C D E F G H Time 5 37 6 7 310 8 a. Identify the critical path. b. How much time will be needed to complete this project? c. Can activity D be delayed without delaying the entire project? If so, by how many weeks? d. Can activity C be delayed without delaying the entire project? If so, by how many weeks? What...
Determine the schedule and cost variance for a project that has an actual cost at month...
Determine the schedule and cost variance for a project that has an actual cost at month 10 of $600,000, a scheduled cost of $600,000 and an earned value of $600,000.
2. Find the schedule and cost variances for a project that has as actual cost at...
2. Find the schedule and cost variances for a project that has as actual cost at month 16 of $540,000, a scheduled cost of $523,000, and an earned value of $535,000. What do the results tell you?
#1. A project in its 26th week has an actual cost of $270,000. It was scheduled...
#1. A project in its 26th week has an actual cost of $270,000. It was scheduled to have spent $261,000. For the work performed to date, the budgeted value is $272,000. What are the cost and schedule variances for the project? What are the SPI and CPI? What is your assessment of the project from a cost and schedule perspective? #2. A project has just completed the 87th item in its plan. It was scheduled to have spent $168,000 at...
Check my word 1 You have prepared the following schedule for a project in which the...
Check my word 1 You have prepared the following schedule for a project in which the key resource is a tractor. There are three tractors available to the project. The resource requirements are as shown in the diagrams below. Develop a resource-constrained schedule. Use the parallel method and heuristics given. Be sure to update each period as the computer would do. ts SESSE DURU FEE eBook 1 eferences Use the following order of heuristics: 1. Minimum slack, 2. Smallest duration,...
You have prepared the following schedule for a project in which the key resource is a...
You have prepared the following schedule for a project in which the key resource is a backhoe. This schedule is contingent on having 3 backhoes. You receive a call from your partner, Brooker, who desperately needs 1 of your backhoes. You tell Brooker you would be willing to let him have the backhoe If you are still able to complete your project in 11 months. Develop a resource schedule in the loading chart that follows to see if it is...
Management Information Systems Assume you have a project with 11 activities labeled A - K (below)....
Management Information Systems Assume you have a project with 11 activities labeled A - K (below). (5 points) Activity Preceding Activities Duration (Days) Early Finish (Days) Late Finish (Days) Free Slack (Days) A -- 4 B A 2 C B 6 D B 21 E B 12 F C, D 2 G D, E 15 H F, G 8...
Using the below information answer only part e bolded. Given the following information for a one-year...
Using the below information answer only part e bolded. Given the following information for a one-year project, answer the following questions. Note that PV is the planned value, EV is the earned value, AC is the actual cost, and BAC is the budget at completion. PV = $22,000 EV = $20,000 AC = $25,000 BAC = $120,000 a.What is the cost variance, schedule variance, cost performance index (CPI), and schedule performance index (SPI) for the project? (CV) is -$5,000 (SV)...
Ultimately, the project manager is responsible for controlling the project to finish under budget. determining the...
Ultimately, the project manager is responsible for controlling the project to finish under budget. determining the proper number of resources to complete the project on time. making sure the customer is satisfied. settling disputes between team members.
The customer has seen the Technology Refresh (Version B) project schedule and the expected project finish time. However, the customer is concerned about the schedule risk of the project. Therefore, he wishes to know the following (i.e., determine the following): 1. The probability of finishing the project in 287 days. 2. The probability of finishing the project in 273 days. Hints: 1. If you wish to solve part 3 using the Z-value approach, refer to the Standard Normal Cumulative Probability...
Consider the following project network and activity times (in weeks): Start Finish Activity | A B C D E F G H Time 5 37 6 7 310 8 a. Identify the critical path. b. How much time will be needed to complete this project? c. Can activity D be delayed without delaying the entire project? If so, by how many weeks? d. Can activity C be delayed without delaying the entire project? If so, by how many weeks? What...
2. Find the schedule and cost variances for a project that has as actual cost at month 16 of $540,000, a scheduled cost of $523,000, and an earned value of $535,000. What do the results tell you?
Check my word 1 You have prepared the following schedule for a project in which the key resource is a tractor. There are three tractors available to the project. The resource requirements are as shown in the diagrams below. Develop a resource-constrained schedule. Use the parallel method and heuristics given. Be sure to update each period as the computer would do. ts SESSE DURU FEE eBook 1 eferences Use the following order of heuristics: 1. Minimum slack, 2. Smallest duration,...
You have prepared the following schedule for a project in which the key resource is a backhoe. This schedule is contingent on having 3 backhoes. You receive a call from your partner, Brooker, who desperately needs 1 of your backhoes. You tell Brooker you would be willing to let him have the backhoe If you are still able to complete your project in 11 months. Develop a resource schedule in the loading chart that follows to see if it is...
Ultimately, the project manager is responsible for controlling the project to finish under budget. determining the proper number of resources to complete the project on time. making sure the customer is satisfied. settling disputes between team members.
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