Title of Project Report: Red Zuma Project Management

TITLE OF PROJECT REPORT
Red Zuma
Project Management
Submitted to – Submitted by –
Prof. Suneel Prasad Gazal Doshi (20030241065)

Part 1
1. The project begins January 2, 2015.
2. The following holidays are observed: January 1, Martin Luther King Day (third
Monday in January), Memorial Day (last Monday in May), July 4th, Labor Day (first
Monday in September), Thanksgiving Day (4th Thursday in November), December 25.
3. If a holiday falls on a Saturday, then Friday will be given as an extra day off, and if it
falls on a Sunday, then Monday will be given as a day off. If December 25th falls on a
Friday, then Monday will not be given a day off.
4. The project team works eight-hour days, Monday through Friday.
Construct a network schedule for this project and prepare a memo that answers the following
questions:
1. When is the project estimated to be completed? How long will the project take?
The project is estimated to be completed on 1/11/16. It takes 260 days to complete the
project.
2. What is the critical path for the project?

Market Analysis  Product Design  Product Design Selection  Detailed Product
Design  Build Prototype  Field Test Prototype  Finalized Product Design 
Final Marketing Process  Order Production Equipment  Install Production
Equipment  Celebrate.
3. Which activity has the greatest amount of slack?
Detailed Marketing Plan has highest amount of slack of 179days.
4. How sensitive is this network?
This network isn’t much sensitive as it has only one critical path.
5. Identify two sensible milestones and explain your choices.

Milestones are appropriate checkpoints that provide an indication of progress on the
project. They are start of the critical merge activities and completion of critical burst
activity. In our case, milestones are Product Design Selection and Finalized Product
Design.
 A Gantt chart.
 A network diagram highlighting the critical path.
 A schedule table reporting ES, LS, EF, LF, and slack for each activity.
Part 2
Part A
Prepare a memo that addresses the following questions:
1. Which if any of the resources are over allocated?
Marketing Specialist, Design Engineer, Industrial Engineer are over allocated.
2. Assume that the project is time constrained and try to resolve any overallocation
problems by leveling within slack. What happens?
When u level all the tasks, the days required to complete the project increases from
260days to 295 days. This resolves the over allocation of all the resources.
3. What is the impact of leveling within slack on the sensitivity of the network?
Detailed Marketing Plan slack has changed from 179 days to 149days. The sensitivity
has reduced as the slack has reduced and the critical path has also changed.
Market Analysis  Manufacturing Study  Product Design Selection  Build

Prototype  Field Test Prototype  Finalized Product Design  Final Manufacturing
Process  Order Production Equipment  Install Production equipment  Celebrate.
4. Assume that the project is resource constrained and no additional personnel are
available. How long will the project take given the resources assigned? (Hint: Undo
leveling performed in Part A before answering this question.)
Once the leveling is undo, the over allocated resources are sorted and the days required
to complete the project increases to 310days.
5. How does the new duration compare with the estimated completion date generated
from Part 1? What does this tell you about the impact resources can have on a
schedule?
Once the resources are levelled, the days taken to complete the project is 295 days. After
clearing the leveling, the over allocated resources are sorted and the days required to
complete the project changes to 310days.
Part B
1. What was the impact of introducing Start-to-Start lags to the schedule and budget?
2. Which, if any additional personnel assignments, would you choose to complete the
project before the January 17th deadline? Explain your choices as well as the reasons
for not choosing other options.
We would choose Industrial engineer to complete the project before 17th January
deadline as it is the most optimal option which will remove all over allocation and
maintain cost and schedule.
3. How have these changes affected the sensitivity of the network and the critical
path?
The sensitivity of the resources has increased as now we have 2 critical paths.
Market Analysis  Product Design  Product Design Selection  Manufacturing

Process  Finalized Product Design  Final Manufacturing Equipment  Order
Production Equipment  Install Production Equipment  Celebrate.
Part 3
1. How much will the project cost? What is the most expensive activity?
Fixed Fixed Cost

Task Name Total Cost Baseline Variance Actual Remaining
Cost Accrual
Detailed
Product $0.00 Prorated $193,223.08 $193,223.08 $0.00 $0.00 $193,223.08
Design
The most expensive activity is Detailed Product Design which costs $190,168.27.
2. What does the cash flow statement tell you about how costs are distributed over the
life span of the project?
Part 4
Part A
Submit a professional status report to Robin Lane that addresses the following questions:
1. How is the project progressing in terms of cost and schedule?
Previously, project is taking 260days (ends on 11/1/16) to complete and cost needed to
complete this project is $872,929.81. Now, the project is taking 279days (ends on
27/1/16) and $941,417.69 to complete.
2. What activities have gone well? What activities have not gone well?
Initially there was no over allocation but after the changes, Detailed Marketing Planning
and Build Prototype are over allocated.
3. How much of the project has been accomplished (PCIB)?
46% of the work has been completed. PCIB= EV/BAC = $980,680.53/ $908,926.15 =
1.078
4. What is the forecasted cost at completion (EACf)?
EAC= $980,680.53
5. What is the estimated completion date?
Estimated completion date is 1/27/16
6. How is the project doing in terms of priorities (see Part 1)?
The main priorities of the project are the cost and milestones. The project is still over
budget
and we have achieved both milestones, but as there are still many activities that have yet
to
start, the cost can vary and therefore need to be diligently tracked. The duration has
increased
from the initial estimate of 270 days to 279 days. So the project is not doing well in
terms of time
Part B
1. What is the impact of the revised estimates for Finalized Product Design and
Install Production Equipment on the project schedule and cost?
The project is getting completed in given timeline after revising estimates for Finalized
Product Design and Install Production Equipment.
2. Would you recommend authorizing the expenditure of $50,000? Explain.
No. As the project is getting completed before estimated time, it is not needed to
authorize the expenditure of $50,000.
3. What, if any other recommendations, would you make so that the project can
achieve Robin's deadline? Justify your recommendations.
No recommendations as the project is getting completed before estimated time.
Include a Tracking Gantt chart with variance schedule that depicts your final
recommendations and revised schedule.

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TITLE OF PROJECT REPORT

Prof. Suneel Prasad Gazal Doshi (20030241065)

1. The project begins January 2, 2015.

4. The project team works eight-hour days, Monday through Friday.

2. What is the critical path for the project?

3. Which activity has the greatest amount of slack?

Detailed Marketing Plan has highest amount of slack of 179days.

4. How sensitive is this network?

5. Identify two sensible milestones and explain your choices.

 A network diagram highlighting the critical path.

Prepare a memo that addresses the following questions:

1. Which if any of the resources are over allocated?

Marketing Specialist, Design Engineer, Industrial Engineer are over allocated.

Market Analysis  Manufacturing Study  Product Design Selection  Build

Market Analysis  Product Design  Product Design Selection  Manufacturing

Fixed Fixed Cost

1. How is the project progressing in terms of cost and schedule?

3. How much of the project has been accomplished (PCIB)?

4. What is the forecasted cost at completion (EACf)?

Estimated completion date is 1/27/16

6. How is the project doing in terms of priorities (see Part 1)?

2. Would you recommend authorizing the expenditure of $50,000? Explain.

No recommendations as the project is getting completed before estimated time.

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