Pm592

1.| Question :| (TCO B) dispeling Problem victimization the ne cardinalrk below and the redundant reading provided, find: (a) The crock up greet per day per activity. (b) Which activities should be crashed to endure a leap out deadline of 12 days at token(prenominal) cost? Activity| Normal slip| disperse Time| Normal toll| chisel in Cost| A| 5| 3| $300| $350| B| 3| 2| $250| $295| C| 6| 4| $400| $540| D| 5| 3| $150| $270| | | | school-age child Answer:| | a) Crash cost of A = (350-300)/(5-3) = $25 Crash Cost of B = (295-250)/(3-2) = $45 Crash Cost of C = (540-400)/(6-4) = $70 Crash Cost of D = (270-150)/(5-3) = $60 Critical path: B - C - D 14 days (b) To reduce the entry 2 days crash chuck C for two days. (c) Cost to crash the throw off: $70 $70 native Extra cost $140 | | | | Comments:| | | | 2.| Question :| (TCO F) We have discussed at length the realise Value Management answer. I am sure solely of you have used the traditio nal process of assessing ejections where we compare actual dollars spent to the amount we had planned to spend. This was speedy and easy, but it has its shortcomings, and the realise Value Management process is verbalise to be better.

(a) wherefore is this traditional ascend different from utilize earned economic value when assessing project performance? (b) pass the EVM process used to go down how far our project is ahead of or behind schedule. | | | Student Answer:| | a) Using the traditional method of assessing project performance, we would be able to nail if we have been over or below budget and timelines, and we would barely have thi! s information once the project has been completed. However, with the traditional approach would not be able to effectively track project performance at a task level and at any given point in time. Due to this, decisions that may need to be taken during the project or identifying issues or project health during project transaction is more concentrated using traditional approaches than using the...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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