Draw a network for the project, Operation Management

Assignment Help:

Question:

(a) "CPM and PERT are two techniques widely used in project management." Under what conditions is each one of them used ? Illustrate your answer with examples.

(b) Why project managers should understand the environment in which a project takes place ?

(c) Lovely cosmetics Ltd intends to undertake a redesign of a product and its associated packaging. The list of activities have been identified with associated duration and precedence relationships. These are shown in the table on the next page.

(i) Draw a network for the project.

(ii) Calculate the earliest start time, earliest finishing time, latest start time, latest finishing time and float for each activity.

(iii) Identify the critical path and calculate the project completion time.

(iv) If activity G is delayed by 2 weeks, what will be its impact on the overall project completion time?


Related Discussions:- Draw a network for the project

How to determine the capabilities of information systems, A young man has d...

A young man has decided to open his own auto repair shop. He will need a management information system and he has asked you for help. Determine the capabilities of information syst

What is reputation management, The practice of caring for the "image" of a ...

The practice of caring for the "image" of a firm is sometimes referred to as reputation management. Select a company or individual who you believe has a controversial reputation an

Describe scenarios and contingency plans, Ok need a little help in arrangin...

Ok need a little help in arranging these in the right order 1-5 Select measures and targets Set strategic goals Hold operational reviews Implement single-use plan Define scenarios

I need to describe forecasting, I need to explain forecasting, also how it ...

I need to explain forecasting, also how it is performed at St. Arnold's Brewery (Houston, TX) also what forecasting error is and if there has been any in the past.

Explain what is the bonds'' coupon rate, Metal Fabricators just issued $1,0...

Metal Fabricators just issued $1,000 par 20-year bonds. The bonds sold for $758.18 and pay interest semi-annually. Investors require a rate of 9% on the bonds. What is the bonds' c

How to develop a supply chain infrastructure, What approaches can be taken ...

What approaches can be taken to develop a supply chain infrastructure that provide an accurate view of overall channel performance?

Explain major priorities associated with operations strategy, What are the ...

What are the major priorities associated with operations strategy? How has their relationship to each other changed over the years?

How is value of product effective on operational strategy, How is the value...

How is the value of product effective on operational strategy? Value is the cause why customers choose one rivals product over other, when an organisation can give certain uniq

Explain environmentally safe goods and why, Imagine you are a new product t...

Imagine you are a new product that sells for $1.25 an is environmentally safe. Would you spend thousands of dollars for Green Seal on your impulse product if ambivalent toward such

Explain what type of human resource strategy did lenovo, Overview: This cas...

Overview: This case explores the mission to become a major player in the global personal computer industry. Lenovo acquired IBM%u2019s personal computer division in 2004 to become

Write Your Message!

Captcha
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