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For an established small office building, you are assigned as a PM to plan for installation of the following systems to renovate the building by delivering a “Green Structure”. You have selected different sub-contractors to perform their independent identified tasks during the estimated times specified for them. Please plan the best and shortest time you suggest to complete the job? Please show the best start & finish schedules of work for each subcontractor to produce minimum slack, by showing the activities on a Gantt chart.
Solar Panel installation & necessary circuitry 6 working days
Changing windows
Solar panel installation & necessary circuitry 6 working days
Changing windows 12 working days
Modify HVAC systems & internal coil to take advantage of solar system 18 working days
Change all electrical bulbs to LED lighting 4 working days
Complete painting job of the office 10 working days
Develop a complete activity schedule based on the crashed activity times. Formulate a linear programming model that can be used to make the crashing decisions for this project.
One of the products that Company W makes is snack foods. The research and development department of Company W has developed a new formula for one type of snack food that is cheaper to make than the current formula.
Describe and explain how one leadership model (a model deemed valid by today's research standards, as discussed in the module material) relates to the most important performance outcomes with regard to teams.
A company's total output for DVDs is 5,000 units (20 per day), and the cost per unit is $60. The total time between date order and date of receipt is 5 days.
In a situation with uncertain activity times, we generally assume the project completion time follows a normal distribution. How do you compute the variance of the project completion time?
Two estimating methods we have studied are parametric estimating and 3-point estimates. Explain how these could be used to mitigate risks in two of the RBS heading areas: “project management” and“technical” risks.(4 points = 2 points per clear two pa..
David owns a commercial building with a current replacement cost of $4 million. The building is presently insured on a replacement cost basis for $3 million under a fire insurance policy that has an 80 percent coinsurance clause. How much will David ..
The project will require participation from the design, production, purchasing, shipping, sales, and marketing departments. Winsome Manufacturing owns a line of injection molds suitable, so all manufacturing will be done in-house. The project mana..
Which of the following is NOT consistent with the lean philosophy?
You have been assigned to a project risk team of five members. Because this is the first time your organization has formally set up a risk team for a project, it is hoped that your team will develop a process that can be used on all future project..
Elucidate how many hrs do you expect the assembly of the 100th unit to take. Is the contract‘s assumption about the average labour hrs per unit valid or should the price be revised.
Determine the key components of supply chain management for the company you have selected. Determine three major issues that could affect the structuring, sourcing, purchasing, and the supply chain of your organization.
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