Forward planning and critical path, Financial Management

Assignment Help:

a) Critical Path: A, B, E and F. Project completed in 11 weeks.

1433_Forward planning and Critical Path.png

Subtract one mark for each error made. Maximum marks can only be awarded if the candidate explicitly indicates the critical path (either on the diagram or written out).

b) Any two reasons explained in the context of SJC warrants maximum marks. These might include:

• It encourages forward planning at SJC, i.e. managers need to consider the different aspects of the construction project in order to complete it in minimal time

• Since CPA provides a visual stimulus, it is easier for people to interpret the logistics of the plan in order for the construction project to run more smoothly.

• It identifies the shortest time in which the construction project can be completed so that the buyer will have the house completed on time.

• CPA can help SJC to control costs more effectively by identifying when certain activities can start and how long certain tasks should last.


Related Discussions:- Forward planning and critical path

Debt finance, Ask queswtion #Minimum 100 words accepted# what are the chara...

Ask queswtion #Minimum 100 words accepted# what are the characteristics of debt finance? What are the similarities and differences between debt finance and ordinary share capital

Prepare a trend analysis for the balance sheet, • Prepare a Trend Analysis ...

• Prepare a Trend Analysis for the Balance Sheet, Income Statement and Cash Flow Statement • This should include about 12 accounts in the Balance Sheet and about 10 Income Statemen

What is certified financial planner, Q. What is Certified Financial Planner...

Q. What is Certified Financial Planner? Certified Financial Planner (CFP) - Individuals who are trained to develop and implement financial plans for businesses, individuals and

State the types of integration, State the Types of integration ...

State the Types of integration Types of integration Horizontal Target company has same operations, and is in the same industry

Valuing a putable bond using binomial model, In a putable bond, the b...

In a putable bond, the bondholder has the right to force the issuer to pay off the bond prior to the maturity date. Let us consider the previous example with the

LP Problem, Max Z = 107x1+x2+2x3 Subject to 14x1+x2-6x3+3x4=7 16x1+x2-6x3...

Max Z = 107x1+x2+2x3 Subject to 14x1+x2-6x3+3x4=7 16x1+x2-6x3 3x1-x2-x3 x1,x2,x3,x4 >=0

What are the motives of holding cash, Q. What are the Motives of Holding Ca...

Q. What are the Motives of Holding Cash? Motives of Holding Cash: - In every business assets are kept for the reason that they generate profit. But cash is an asset which doesn

The need and analyse different savings instruments, Question 1 Financial p...

Question 1 Financial planning is a process of assessing the goals of an investor. Discuss the meaning, need and scope of Financial planning Question 2 Money management is the

Analyse the corporate governance issues facing x company, M has recently jo...

M has recently joined the board of X Company, a main listed confectionary manufacturer. The company was established as a family business over a century ago and members of the found

What are a bank''s primary reserves, What are a bank's primary reserves ? ...

What are a bank's primary reserves ? When the Fed sets reserve requirements, what is its primary goal? Vault deposits and cash in the bank's account at the Fed are used to pe

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