Analyze implications of changes in project scheduling

Assignment Help Project Management
Reference no: EM131459214

Assignment

McGee Carpet and Trim installs carpets in commercial offices. Andrea McGee has been very concerned with the amount of time it took to complete several recent jobs. Some of her workers are very unreliable. A list of activities and their optimistic completion time, the most likely completion time, and the pessimistic completion time (all in days) for a new contract are provided in a given table. Following are the activities that are required to install the carpets in the offices:

• Activity 1: Measure office room dimensions
• Activity 2: Estimate cost
• Activity 3: Material requisition
• Activity 4: Workforce requisition
• Activity 5: Special tool requisition
• Activity 6: Installation
• Activity 7: Inspection and customer acceptance

Activity 2 starts immediately after Activity 1. Activity 3, Activity 4, and Activity 5 start concurrently after Activity 2. Activity 6 does not start until after Activity 3, Activity 4, and Activity 5 are completed. The carpet installation project is complete after Activity 7 is completed. If OT = Optimistic Time, MT = Most Likely Time, and PT = Pessimistic Time, use a Program Evaluation Review Estimate (PERT) to compute the statistical time for each activity, as in the following table:

Activities

OT

MT

PT

Activity 1

4

6

14

Activity 2

5

12

16

Activity 3

7

15

23

Activity 4

13

16

28

Activity 5

17

20

35

Activity 6

20

32

50

Activity 7

5

6

13

You must also do the following:

• Determine the expected completion time and the variance for each activity
• Determine the total project completion time and the critical path for the project
• Determine Early Start (ES), Early Finish (EF), Late Start (LS), and slack for each activity
• What is the probability that McGee Carpet and Trim will finish the project in 40 days or less?
• Define project management and the necessary requirements.
• Analyze implications of changes in project scheduling.
• Evaluate application of project management techniques in terms of the firm's business operational goals and requirements.

Please submit your assignment in an APA-formatted paper.

Submitting your assignment in APA format means, at a minimum, you will need the following:

• Title page: Remember the running head. The title should be in all capitals.

• Abstract: A summary of your paper, not an introduction. Begin writing in third-person voice.

• Body: The body of your paper begins on the page following the title page and abstract page and must be double-spaced (be careful not to triple- or quadruple-space between paragraphs). The type face should be 12-pt. Times Roman or 12-pt. Courier in regular black type. Do not use color, bold type, or italics except as required for APA-level headings and references. The deliverable length of the body of your paper for this assignment is 2-3 pages. In-body academic citations to support your decisions and analysis are required. A variety of academic sources is encouraged.

• Reference page: References that align with your in-body academic sources are listed on the final page of your paper. The references must be in APA format using appropriate spacing, hang indention, italics, and upper- and lowercase usage as appropriate for the type of resource used. Remember, the Reference Page is not a bibliography but a further listing of the abbreviated in-body citations used in the paper. Every referenced item must have a corresponding in-body citation.

Reference no: EM131459214

Questions Cloud

What is its self-supporting growth rate : Maggie's Muffins, Inc., generated $4,000,000 in sales during 2015, and its year-end total assets were $2,800,000. what is its self-supporting growth rate?
What would be the additional funds needed : Broussard Skateboard's sales are expected to increase by 15% from $7.4 million in 2015 to $8.51 million in 2016. What would be the additional funds needed?
About the future value of an annuity : Your client is 39 years old. She wants to begin saving for retirement, with the first payment to come one year from now.
What is global marketing strategy : Differentiate between a global marketing strategy and a multidomestic marketing strategy. A global marketing strategy defi nes a standard marketing mix.
Analyze implications of changes in project scheduling : Analyze implications of changes in project scheduling. What is the probability that McGee Carpet and Trim will finish the project in 40 days or less?
What is the expected capital gains yield : The next dividend payment by Halestorm, Inc., will be $1.52 per share. What is the dividend yield? What is the expected capital gains yield?
When marketing managers select a market segment to pursue : When marketing managers select a market segment to pursue, it is called: Which of the following influences the decision about which supplier is chosen?
Use the afn equation to forecast broussards additional funds : Use the AFN equation to forecast Broussard's additional funds needed for the coming year.
Define limitations of the data collection : How is your DMO capturing visitor metrics such as arrivals, length of stay, spend, and repeat visitation? What limitations can you identify in the data.

Reviews

Write a Review

Project Management Questions & Answers

  Create a project schedule and align resources

Create a project schedule and align resources, Analyze project schedule and resource allocation

  Managerial roles and gap analysis

Write a report on Managerial Roles and Gap Analysis

  Questionaire on project management

Questionaire on Project Management

  Describe the market growth rate for product

Describe the market growth rate for product and service.

  Prepare a work plan and project schedule - gantt chart

Design an online system for the human resources department to manage available job positions.

  Project risk management approach

How does a project risk management approach pro-vide an early warning signal for impending problems or issues

  Black-scholes options pricing model

Calculate the payoff and the profits for investments

  Describe the features or characteristics of product

Describe the features or characteristics of your product or service.

  Write paper on inventory management system

Write paper on Inventory Management System.

  Analysis of the overall project risk

Analysis of the overall project risk

  Investment and performance analysis

Evaluate the usefulness of ROCE

  Distribution strategy and project management

Distribution strategy and project management

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd