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Project Management
Assignment
1) The following table shows the allocation of work assignments and resources needed for an investment firm to make a decision on investing in company XYZ.
Task A
Task B
Task C
Profolio Managers
Week 1(5)
Week3 (P)
Associates
Week 1 (P)
Week2 (5)
Analysts
Week 2 (P)
(P)=Primary (5)=Secondary
Resource Speadsheet
Resource
Week 1
Week 2
Week 3
Profolio Manager
1
Associate
2
Analyst
5
Note: figures in spreadsheet are person-weeks of efforta) Create Responsibility Matrixb) Create Resource Gantt Chartc) Create Resources Loading Chart
2) Building a swimming pool
Task
Worker Category
Person Days
# of Workers
Elapsed Time (days)
Materials ($)
Excavate
Machine Operator
6
0
1,500.00
Frame the walls
Masons
8
4
800.00
Install Internal Plumbing
Plumber
700.00
Install Electricity
Electrician
500.00
Pour concrete
2,000.00
Install pump and filter
3,000.00
Total
8,500.00
Category
200.00
Mason
160.00
120.00
a) Create a Gantt chart from the work breakdown structure.
b) Create a PERT/CPM network showing the interdependencies of the different activities. How long will the project take? (Note: Don't forget to take "elapsed time" into account.)
c) Using the information in your Gantt chart, as well as the information on wage rates and cost of materials, put together a budget showing planned total expenditures for the project.
Verified Expert
In the given assignment, we were required to determine the required values and drawing of Gantt chart and resource loading chart. Also, we were required to draw critical path in order to determine the maximum duration of the project and other requisite calculations.
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