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Q1) Assume the network and data that follow. Compute the total direct cost for each project duration. If the indirect costs for each project duration are $400 (19 time units), $350 (18), $300 (17), $25 (16) compute the total project cost for each duratin. Plot the total direct, indirect and project costs for each of these durations on a cost-time graph. What is the optimum cost-time schedule for the project and the cost?
ID Slope Maximum Normal NormalCrash Time Time Cost
a 20 1 3 50b 60 2 5 60c 40 1 3 70d 0 0 10 50e 50 3 6 100f 100 3 7 90g 70 1 5 50
Evaluate the usefulness of ROCE
A writing an article about call centre working conditions a reporter has claimed that the average tenure is no more than two years. Formulate and test a hypothesis using these data to determine if this claim can be disputed.
Risk management is a matter of identifying the situations that could cause your project to fail.
The percentage of good-quality cabinets averages 83% per week, and the percentage of poor-quality cabinets that can be reworked is 60%. Determine the weekly product yield of file cabinets.
How can scope creep and feature creep kill a project?
The company uses straight-line depreciation to a zero book value over the life of the project. The tax rate is 35%.
Why are interest charges not deducted when a project's cash flows are calculated for use in a capital budgeting analysis?
What characteristics do you look for when identifying a project stakeholder?
Your company manufactures components for a major computer manufacturer. Your products have had some persistent quality issues. The components are items such as on-off switches and other servo-mechanisms that fail before they should.
What happens to the project if a task on the Critical Path is missed or delayed. What about a task on a non-critical path that is missed or delayed?
Are these problems specific to the organization or common to most organizations in the industry?
Before we go into the merits of different approaches we will view the following stages though which every project goes through.
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