Drawing the project network diagram

Assignment Help Project Management
Reference no: EM131636344

Problem -

The following table has data regarding several activities associated with the implementation of a new delivery process for a new retail chain. The contract with the new retail chain states that starting on the 13th day from now, your firm will experience a penalty of $110 per day until the job is completed. Indirect project costs amount to $227 per day. The data on direct costs and activity precedent relationships are given in the table.

Delivery Process Project Data

Activity

Normal Time (Days)

Normal Cost Per Day

Crash Time (Days)

Crash Cost Per Day

Immediate Predecessor(s)

A

4

$1,004

3

$1,232

None

B

7

$1,411

4

$2,032

None

C

5

$2,020

4

$2,707

None

D

6

$1,263

5

$1,472

A

E

3

$915

2

$1,166

B

F

11

$2,517

6

$3,757

C

G

4

$812

3

$1,431

D, E

H

3

$394

1

$500

F, G

To complete this assignment, answer the following questions. Begin by drawing the project network diagram. A start node and end node are suggested (no more than 3-5 pages).

1. What are the options? What is the cost of each option?

2. What are the advantages and disadvantages of each option?

3. What completion date would you recommend? Why?

4. What is the total cost of your recommendation?

Requirements -

Draw the project network diagram. A start node and end node are suggested. Use direct quotations sparingly and judiciously

On the Word document, answer the prompts listed above in no more than five pages.

Reference no: EM131636344

Questions Cloud

List principles for setting goals that motivate employees : List principles for setting goals that motivate employees. Identify causes and consequences of a satisfied workforce.
How does mls essay written years after the reformation add : How does ML's essay written years after the Reformation add to his legacy? How different would the Western world be if the Reformation never took place?
Problem related to the fast-food restaurant : A customer at a fast-food restaurant can order a hamburger with or without mustard, ketchup, pickle, or onion; a fish sandwich with or without lettuce, tomato.
What requirements to be potus should be added : Considering the many "roles" or "hats" the President has to take on what requirements to be POTUS should be added to current list?
Drawing the project network diagram : To complete this assignment, answer the following questions. Begin by drawing the project network diagram. What completion date would you recommend? Why
What is the follower role in path-goal theory : What are some barriers within companies to effectively implementing a CRM system? What is the follower’s role in path-goal theory?
How american culture and social behavior have been shaped : Explain how American culture and social behavior have been shaped by the music you listen to. Introduce your favorite musician, band, or type of music.
The house of representatives and the senate : Consider the requirements to serve in the House of Representatives and the Senate. What of those requirements do you think is a good idea?
How many such strings are there : Concern the set of binary strings of length 8 (each character is either the digit 0 or the digit 1).

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