How are resources included in scheduling process

Assignment Help Project Management
Reference no: EM131904983

Assignment

Q1. All of the following questions relate to the 63-variable network described in Sonmez and Bettemir 2012.

a. Schedule the network using MS Project (or another software of your choice), and calculate the costs for shortest and longest project duration for the given time-cost pairs.

b. Describe the optimization process outlined in the article and discuss its benefits and potential shortcomings.

c. Based on this article and rest of your independent research, discuss the two main schedule compression methods, crashing and fast-tracking. Your analysis, at a minimum, should encompass data availability, technical requirements of the analysis, potential implementation issues, exposure to risk etc.

Q2. Discuss the approaches to scheduling with and without resource constraints. Your analysis should be supported by external readings (the readings for the unit are a good starting point), and your own analysis of different case studies of benchmark networks that are described in the literature. Some of your discussions should entail the following:

a. How are resources included in scheduling process (i.e. think about resources vs constraints)?

b. What is resource constrained scheduling?

c. What is resource levelling?

d. What are some of the issues in applying these principles to actual projects?

Reference - Sonmez, R., & Bettemir, Ö. H. (10/2012). A hybrid genetic algorithm for the discrete time-cost trade-off problem. Expert Systems with Applications, 39(13), 11428-11434.

Reference no: EM131904983

Questions Cloud

What is needed to determine the operating income : What is needed to determine the operating income? Would the contribution margin, break-even point and operating income change if the compensation method
Define patient-centered care competency : Define patient-centered care competency. Discuss how each issue or trend impacts the role of the professional nurse in the healthcare system.
Pick a terrorist attack found in todays current events : The Roots of Terrorism TodayIn section two of chapter 1, there is list of reasons why we may witness a greater number of more violent attacks in the future.
What you believe are the three most important concepts : Identify what you believe are the three most important concepts that they have they have presented as a part of their work.
How are resources included in scheduling process : PMN601 - Assignment, Discuss the approaches to scheduling with and without resource constraints. How are resources included in scheduling process
What is happening in the community : You ask questions such as what is happening in the community? and what are the critical issues that need to be addressed within my target audience?
What is the nursing professional practice model : What is the nursing professional practice model? Describe one type of model. Visit YouTube on the internet. Search for nursing or nurses. What do you find?
Prepare flexible budget to evaluate current year performance : Prepare a flexible budget to evaluate the current year performance and compute the flexible budget variances - There were no changes in any inventory account
What is a possible barrier to applying the strategy chosen : What is a possible barrier to applying the strategy/example chosen? Use an example that is different than the postings of other students.

Reviews

Write a Review

Project Management Questions & Answers

  Create a project schedule and align resources

Create a project schedule and align resources, Analyze project schedule and resource allocation

  Managerial roles and gap analysis

Write a report on Managerial Roles and Gap Analysis

  Questionaire on project management

Questionaire on Project Management

  Describe the market growth rate for product

Describe the market growth rate for product and service.

  Prepare a work plan and project schedule - gantt chart

Design an online system for the human resources department to manage available job positions.

  Project risk management approach

How does a project risk management approach pro-vide an early warning signal for impending problems or issues

  Black-scholes options pricing model

Calculate the payoff and the profits for investments

  Describe the features or characteristics of product

Describe the features or characteristics of your product or service.

  Write paper on inventory management system

Write paper on Inventory Management System.

  Analysis of the overall project risk

Analysis of the overall project risk

  Investment and performance analysis

Evaluate the usefulness of ROCE

  Distribution strategy and project management

Distribution strategy and project management

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