Pm592

1.| Question :| (TCO B) dispeling Problem victimisation the nedeucerk below and the spare reading provided, find: (a) The crock up greet per mean solar day per activity. (b) Which activities should be crashed to endure a leap out deadline of 12 days at token(prenominal) cost? Activity| Normal cutting| chime in Time| Normal speak to| fall 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 visualize: $70 $70 amount of money Extra cost $140 | | | | Comments:| | | | 2.| Question :| (TCO F) We have discussed at length the realise Value Management solve. I am sure solely of you have us ed the traditional process of assessing visits where we compare actual dollars spent to the amount we had planned to spend. This was ready(a) and easy, but it has its shortcomings, and the realise Value Management process is tell to be better.

(a) wherefore is this traditional nestle different from utilise earned economic value when assessing project performance? (b) place 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 suck in if we have been over or below budget and timelines, and we would al! together 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 whitethorn need to be taken during the project or identifying issues or project health during project transaction is more tight 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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