Pm592

1.| Question :| (TCO B) dispeling Problem use the ne dickensrk below and the excess reading provided, find: (a) The crock up greet per twenty-four hours per activity. (b) Which activities should be crashed to endure a leap out deadline of 12 days at token(prenominal) cost? Activity| Normal slip| chisel in Time| Normal embody| dart 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 instrument 2 days crash chuck C for two days. (c) Cost to crash the endure: $70 $70 entire Extra cost $140 | | | | Comments:| | | | 2.| Question :| (TCO F) We have discussed at length the realise Value Management cognitive process. I am sure solely of you have used the traditional process of assessing be afters where we compare actual dollars spent to the amount we had planned to spend. This was busy and easy, but it has its shortcomings, and the realise Value Management process is say to be better.

(a) wherefore is this traditional surface different from victimisation earned economic value when assessing project performance? (b) list 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 happen upon if we have been over or below budget and timelines, and we woul! d precisely have this 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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