Determine the critical path for the project

Assignment Help Business Management
Reference no: EM13770285

Question 1

Video 1:Michael Dell talks turnaround strategy - Videos ZDNet.flv

https://www.youtube.com/watch?v=HbcQC7nbcBo.

Video 2:Michael Dell addresses Dell's future

https://www.youtube.com/watch?v=7ivFDvzAzw8.

1 From the videos, evaluate the effectiveness of Dell's current turnaround strategies. Present at least three (3) examples to support your evaluation.

2 From the videos, analyze Dell's declining industry strategy. Next, compare the company's strengths, relative to remaining pockets of demand, to the intensity of the competition in the declining industry. Provide one (1) example of Dell's strength over the competition to support your response.

Question 2

Video:PMBWA# Float, Slack, Buffers, Leads and Lags
https://www.youtube.com/watch?v=vHiPS9nlR8k.

1 Define "slack" in the project management environment. Next, as project manager, give your opinion on why "slack" is important to a project. Justify your response.

2 Determine the key differences between free slack and total slack in the project management environment. Provide an example or scenario of each type of slack to further justify your response.

Question 3

1 Interpret the network computation process, and discuss the key terminologies and examples that helped you understand the network computation process.

Case study

Greendale Stadium Case
The G&E Company is preparing a bid to build the new 47,000 seat Greendalebaseball stadium. The construction must start July 1, 2011, and be completed intime for the start of the 2014 season. A penalty clause of $100,000 per day of delaybeyond May 20, 2014, is written into the contract.Ben Keith, the president of the company, expressed optimism at obtaining thecontract and revealed that the company could net as much as $2 million on theproject. He also said if they are successful, the prospects for future projects arequite good since there is a projected renaissance in building classic ball parks withmodern luxury boxes.

CASE APPENDIX: TECHNICAL DETAILS OF THEGREENDALE BASEBALL STADIUM
The baseball stadium is an outdoor structure with a retractable roof. The projectbegins with clearing the site, an activity that lasts 70 days. Once the site is clear,work can start simultaneously on the structure itself and demolishing an adjacentbuilding site. This demolition is necessary to create a construction stage for storingmaterials and equipment. It will take 30 days to demolish the buildings andanother 70 days to set up the construction site.

The work on the stadium begins by driving 160 support pilings, which will take120 days. Nextcomes the pouring of the lower concrete bowl (120 days). Once thisis done and the construction site has been set up, then the pouring of the mainconcourse (120 days), the installation of the playing field (90 days), and the constructionof the upper steel bowl can occur (120 days).

Once the concourse and upper bowl are completed, work can start simultaneouslyon building the luxury boxes (90 days), installing the seats (140 days), installingthe jumbotron (30 days), and installing stadium infrastructure (120 days)which includes: bathrooms, lockers, restaurants, etc. Once the seats are installedthen the steel canopy can be constructed (75 days) followed by the installation ofthe lights (30 days).

The retractable roof represents the most significant technical challenge to theproject. Building the roof track supports (90 days) can begin after the lower concretebowl is constructed. At this time the dimensions of the roof can be finalizedand the construction of the roof at a separate site can begin (180 days). After theroof supports are completed then the roof tracks can be installed (90 days). Oncethe tracks and the roof are completed then the roof can be installed and made operational(90 days). Once all activities are completed it will take 20 days to inspectthe stadium.

Question: From the case study, determine the critical path for the project, and indicate whether you recommend that G&E pursue the contact in question. Justify your response.

Reference no: EM13770285

Questions Cloud

Compute the monopolists profit-maximizing supply : (Price Posting) A monopolist supplies to a market with (inverse) demand given by D(Q) = 100 ? Q. The monopolist has constant marginal cost c = 2. Compute the monopolists profit-maximizing supply choice and the corresponding mark-up over marginal cost..
Capital deepening-population-physical capital : From the list below, select the components or inputs associated with the production function where GDP is the output. There is more than one possible answer. Capital deepening, population, physical capital, aggregate supply, aggregate demand.
Design a small network for a new facility : design a small network for a new facility which has three offices, two conference rooms, a networked printer and a receptionist computer.
Explain impact of increase in money supply on each market : Draw a supply and demand graph for both the short run and long run money markets and explain the impact of an increase in the money supply on each market.
Determine the critical path for the project : Determine the critical path for the project, and indicate whether you recommend that G&E pursue the contact in question. Justify your response.
Explain the different ways that an agency created : Explain the different ways that an agency relationship can be created. Then describe a relationship you are familiar with and explain how you think it is an agency relationship searched
Relationship between real gdp and potential gdp : What assumptions do we make in the long run regarding the velocity of circulation and the relationship between real GDP and potential GDP? (MV=PY)
The cognitive and non-cognitive skills : One economist has observed that by age 20, the cognitive and non-cognitive skills of people are set in such a way that those who are not good at learning new skills or concepts cannot be helped much by education or training programs. Assuming this ob..
Neighbor solicitation and neighbor advertisement messages : Describe its essential purpose, how it works, and anything that is interesting about it in your initial post.

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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