What is the average resource load factor

Assignment Help Operation Management

Reference no: EM13733904

Taking a step back we know the success of the project depends on the amount of attention given to resource planning. Project budgets and schedules are managed off the careful planning of the resources required to complete the project. One way to assure accuracy of the estimate for resources is to ask the team to figure out the hours. Let's focus on some important specifics in this area.

How should budgeting, scheduling, and resource loading or leveling be most logically accomplished in terms of their chronological order?

How would resource-constrained scheduling help, hinder, or change your recommendations?

What are some potential problems with the top-down and bottom-up budgeting processes? What are some ways of dealing with these potential problems?

In preparing a budget, what indirect costs should be considered?

What characteristic(s) of the critical path times makes them critical?

What two factors are compared by Gantt charting? How does the Gantt chart differ in purpose from the project master schedule?

Contrast total slack and free slack.

What is the average resource load factor? How is it used to determine project completion times?

What are two methods for addressing the constrained resource allocation problem?

Reference no: EM13733904

Questions Cloud

Explain the three steps of top down investment : What are the assumptions that are required for the capital asset pricing model and explain the three steps of top down investment.

Analysis of the community stakeholders : Create your own analysis of the community stakeholders and audience using the demographics, geographics, psychographics, sociographics, usergraphics, and webographics described

Explian how household patterns in the united states : Describe how household patterns in the United States are anticipated to change over the next few years and Examine the impact of such changes on the demand for different goods

Total money supply for the united states : What are the requirements for something to be considered money and Why does the dollar have value - What does the money supply consist of and what are the respective amounts in the total money supply for the United States?

What is the average resource load factor : What is the average resource load factor. How is it used to determine project completion times. What are two methods for addressing the constrained resource allocation problem

Write an essay about king henry : Write an essay about king henry.

Describe four unknown-unknown sources of risk : Describe four unknown-unknown sources of risk that can affect a supply chain and four known-unknown sources of risk that can affect a supply chain.

Analyze apples current overall marketing strategy : Analyze Apple's current overall marketing strategy. Recommend two (2) actions that Apple can take in order to improve its competitive advantage in the global marketplace. Support your response with examples of instances where your recommendations ..

What costs are associated with profit maximization : Consider a supplier of agricultural equipment who is deciding how much of two products should be produced by his firm. You determine what the two products are.

User Account

All Pages