Develop the activity schedule for the project

Assignment Help Project Management

Reference no: EM13671065

QUESTION 1:

Tallahassee Company is considering an investment in a high-quality blueprint printerwith the following cash flows:

YEAR	INVESTMENT/CEDIS	CASH INFLOW/CEDIS
1	(38000)	2000
2	(6000)	4000
3		8000
4		9000
5		12000
6		10000
7		8000
8		6000
9		5000

Required:

i) Determine the payback period of the investment.

ii) Would the payback period be affected if the cash inflow in year 8 was18,000Cedis?

Given the expected net cash flow of projects X and Y in the table below, answer the questions that follow:

YEAR	PROJECT X	PROJECT Y
0	(10000)	(10000)
1	6500	3500
2	3000	3500
3	3000	3500
4	1000	3500

Required:

i. Calculate for each, the payback period, net present value (NPV),and profitability index (PI). Use 10% discount rate.

ii. Should both projects be accepted if they are interdependent?

iii. Which project should be accepted if they are mutually exclusive?

QUESTION 2:

Given the table below, calculate the EXPECTED VALUE OF PERFECT INFORMATION (EVPI) and EXPECTED OPPORTUNITY LOSS (EOL) using maximization approach. What is the relation between EVPI and EOL?

NB.: d_i=decision alternative, S_i=states of nature, and probabilities are probabilities of state of nature.

	s₁	s₂	s₃
d₁	6	5	3
d₂	1	4	7
d₃	3	8	9
Probability	0.4	0.1	0.5

QUESTION 3:

What is the difference between operational and technical feasibility? At the project planning phase, detailed plans are made to help complete the project successfully. Name 8 of them and explain. Name three main ways of IT project deployment. What does project close entails?

QUESTION 4:

a. What is a project? State 3 attributes of a project.

b. When is a project said to be successful?

c. What is the project management life cycle?

d. In determining project feasibility at the initiation stage or phase, list 3 out of the many factors to consider.

e. List 4 causes of project failure at the initiation stage?

f. Name 6 members of the project team that are assembled at the planning stage.

QUESTION 5:

A project consists of eight activities whose durations are as follows:

Activity	A	B	C	D	E	F	G	H
Duration	2	3	5	6	1	3	1	7

The precedence relations are as follows:

B must follow A

C must follow B

D must follow A, B and C

E must follow D

F must follow C

G must follow E and F

H must follow E and G

QUESTIONS

a. Draw a project network

b. Develop the activity schedule for the project

c. Identify the critical path

d. What is the expected completion time for the project?

Reference no: EM13671065

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