Assignment 4
Assignment 4
Scheduling
1. What characteristic of the critical path times makes them critical?
2. What is a dummy activity?
3. What is “slack” and why is it important?
4. How is uncertainty in project scheduling dealt with?
5. Given the following information, draw the AON diagram:
9.
Find,
a. Find the crash cost per day.
b. Which activities should be crashed to meet a project deadline of 10 days with a minimum
cost? Assume partial crashing.
c. Find the new cost.
d. Is partial crashing an appropriate assumption in this kind of project?
Monitoring and Information Systems
1. List some factors that would be difficult to monitor.
2. What are the primary difficulties experienced in the design of project reports?
3. Describe the three variances of an earned value chart and explain their significance.
4. What is the purpose of “earned value”? How would the progress of the project as a whole
be calculated?
5. 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.
6. Given an activity in an advertising project whose planned cost was $12,000 but the actual
cost to date is $10,000 so far and the value completed is only 70 percent, calculate the cost
and schedule variances. Will the client be pleased or angry?
7. For the following test marketing project at week 6:
Use the 50–50 percent completion rule for PV and EV, and calculate the cost, schedule, and
time variances. Also calculate the CPI, SPI, CSI, and the ETC and EAC.