Week 6 Quiz
1. (TCO B) Crashing Problem
Using the network below and the additional information provided, find:
(a) The crash cost per day per activity?
(b) Which activities should be crashed to meet a project deadline of 12 days at minimum
cost?
(c) What is the extra cost to crash the project?
Activity Normal Crash Normal Crash
Time Time Cost Cost
A 5 3 $300 $600
B 3 2 $250 $450
C 6 4 $400 $500
D 5 3 $150 $400
(Points : 16)
2. (TCO F) We have discussed at length the Earned Value Management process. I am sure
all of you have used the traditional process of assessing projects where we compare
actual dollars spent to the amount we had planned to spend. This was quick and easy, but
it has its shortcomings, and the Earned Value Management process is said to be better.
(a) Why is this traditional approach different from using earned value when
assessing project performance?
(b)Describe the EVM process used to determine how far our project is ahead
of or behind schedule. (Points : 16)
3. (TCO E) The following information is extracted from a project to develop a state of the
art alternative power energy storage device:
Activity Duration Predecessors Resources
A 4 days -- 1 Research
Engineer
B 3 days A 1 Test Engineer
C 5 days A 1 Design Engineer
D 2 days A 1 Marketing
Specialist
E 3 days B 1 Prototype Builder
F 4 days D 1 Test Engineer
The Owner has stipulated that in order to provide continuity throughout the project, the
same individual must handle all activities under his or her discipline. Activities on this
project cannot be split.
(a) Identify any resource conflicts in the above project. State the activities involved, the
time frame of the conflict(s), which resources(s) are involved, and the quantity required.
(b)Given the owner's stipulation regarding project continuity and the need to minimize
project duration, how can this conflict be resolved? What will be the effect on the project
duration? (Points : 16)
This study source was downloaded by 100000861168648 from CourseHero.com on 04-07-2023 13:36:54 GMT -05:00
https://www.coursehero.com/file/8526772/PROJ592-Week-6-Quiz/
, 4. (TCO F) The following data were obtained from an Information Systems project to
upgrade and expand a Local Area Network:
Activity Duration Predecessors Task Budget
A 3 Days --- $4,920
B 6 Days --- $7,680
C 3 Days A $15,140
D 2 Days B $3,980
E 3 Days B $5,630
F 2 Days C, D $2,270
At the end of Day 7, the status of the project is as follows:
Activity % Complete Actual Cost
A 100% $4,200
B 100% $8,740
C 100% $18,25
0
D 75% $2,600
E 10% $560
F 0% $0
(a) Calculate the Cost and Schedule Variances and Indexes for tasks A, B, C, D, and E.
(b)As project manager, write a brief summary of the status of the project at this time. (Points
: 16)
5. (TCO E) We have all been associated with projects with resource problems. As a project
manager, you will be responsible for resolving these problems. Remember, resources are
human and otherwise. If you can name it, it may be a resource.
(a) When there are not enough resources available to fill all the needs in the project plan,
what are some specific remedies a project manager can take to complete the project. How
does each of these affect the project plan and performance?
(b) Describe 5 of the many benefits to resource leveling. (Points : 16)
Week 6 Quiz
1. (TCO B) Crashing Problem
Using the network below and the additional information provided, find:
(a) The crash cost per day per activity?
(b) Which activities should be crashed to meet a project deadline of 12 days at minimum
cost?
(c) What is the extra cost to crash the project?
Activity Normal Crash Normal Crash
Time Time Cost Cost
A 5 3 $300 $600
B 3 2 $250 $450
C 6 4 $400 $500
This study source was downloaded by 100000861168648 from CourseHero.com on 04-07-2023 13:36:54 GMT -05:00
https://www.coursehero.com/file/8526772/PROJ592-Week-6-Quiz/
1. (TCO B) Crashing Problem
Using the network below and the additional information provided, find:
(a) The crash cost per day per activity?
(b) Which activities should be crashed to meet a project deadline of 12 days at minimum
cost?
(c) What is the extra cost to crash the project?
Activity Normal Crash Normal Crash
Time Time Cost Cost
A 5 3 $300 $600
B 3 2 $250 $450
C 6 4 $400 $500
D 5 3 $150 $400
(Points : 16)
2. (TCO F) We have discussed at length the Earned Value Management process. I am sure
all of you have used the traditional process of assessing projects where we compare
actual dollars spent to the amount we had planned to spend. This was quick and easy, but
it has its shortcomings, and the Earned Value Management process is said to be better.
(a) Why is this traditional approach different from using earned value when
assessing project performance?
(b)Describe the EVM process used to determine how far our project is ahead
of or behind schedule. (Points : 16)
3. (TCO E) The following information is extracted from a project to develop a state of the
art alternative power energy storage device:
Activity Duration Predecessors Resources
A 4 days -- 1 Research
Engineer
B 3 days A 1 Test Engineer
C 5 days A 1 Design Engineer
D 2 days A 1 Marketing
Specialist
E 3 days B 1 Prototype Builder
F 4 days D 1 Test Engineer
The Owner has stipulated that in order to provide continuity throughout the project, the
same individual must handle all activities under his or her discipline. Activities on this
project cannot be split.
(a) Identify any resource conflicts in the above project. State the activities involved, the
time frame of the conflict(s), which resources(s) are involved, and the quantity required.
(b)Given the owner's stipulation regarding project continuity and the need to minimize
project duration, how can this conflict be resolved? What will be the effect on the project
duration? (Points : 16)
This study source was downloaded by 100000861168648 from CourseHero.com on 04-07-2023 13:36:54 GMT -05:00
https://www.coursehero.com/file/8526772/PROJ592-Week-6-Quiz/
, 4. (TCO F) The following data were obtained from an Information Systems project to
upgrade and expand a Local Area Network:
Activity Duration Predecessors Task Budget
A 3 Days --- $4,920
B 6 Days --- $7,680
C 3 Days A $15,140
D 2 Days B $3,980
E 3 Days B $5,630
F 2 Days C, D $2,270
At the end of Day 7, the status of the project is as follows:
Activity % Complete Actual Cost
A 100% $4,200
B 100% $8,740
C 100% $18,25
0
D 75% $2,600
E 10% $560
F 0% $0
(a) Calculate the Cost and Schedule Variances and Indexes for tasks A, B, C, D, and E.
(b)As project manager, write a brief summary of the status of the project at this time. (Points
: 16)
5. (TCO E) We have all been associated with projects with resource problems. As a project
manager, you will be responsible for resolving these problems. Remember, resources are
human and otherwise. If you can name it, it may be a resource.
(a) When there are not enough resources available to fill all the needs in the project plan,
what are some specific remedies a project manager can take to complete the project. How
does each of these affect the project plan and performance?
(b) Describe 5 of the many benefits to resource leveling. (Points : 16)
Week 6 Quiz
1. (TCO B) Crashing Problem
Using the network below and the additional information provided, find:
(a) The crash cost per day per activity?
(b) Which activities should be crashed to meet a project deadline of 12 days at minimum
cost?
(c) What is the extra cost to crash the project?
Activity Normal Crash Normal Crash
Time Time Cost Cost
A 5 3 $300 $600
B 3 2 $250 $450
C 6 4 $400 $500
This study source was downloaded by 100000861168648 from CourseHero.com on 04-07-2023 13:36:54 GMT -05:00
https://www.coursehero.com/file/8526772/PROJ592-Week-6-Quiz/