Explain the time-cost optimization algorithm, Project Management

Assignment Help:

Question 1:

What do you mean by crash duration? Explain the Time-Cost Optimization algorithm

  • crash duration/crash time - explanation including figures 
  • Steps of Time-Cost Optimization algorithm

Describe how you can choose an appropriate forecasting model

• Guidelines for Selecting a Model for the Purpose of Forecasting
• Performing a Residual Analysis
• Measuring the Magnitude of the Residual Error Through Squared or Absolute Differences
• Mean Absolute Deviation
• Principle of Parsimony

Question 2:

a. Prepare a note on Graphical Evaluation and Review Technique

A Explanation of GERT

How GERT accommodates contingency of PERT

Describe the time-series smoothing

A Moving averages
Exponential Smoothing

Show how you will forecast project cost at completion


Related Discussions:- Explain the time-cost optimization algorithm

Total quality management approach within 2jn, 2JN is a large manufacturing ...

2JN is a large manufacturing organisation which is structured with a number of supervisors every responsible for their own work production unit. Supervisors report to a team of sen

Project risk profile owners, Project risk profile owners  Project risk ...

Project risk profile owners  Project risk profile owners must make sure that they deal with each and every risk of the project. The responsibilities of the project risk owners

Continuous improvement (Individual Assignment), I and my friend would like ...

I and my friend would like to make assignment of PPMP20009 (project management methodology) of master of project management

Operating cycle , using the operating cycle and any other financial managem...

using the operating cycle and any other financial management knowledge,discuss the applicabilty of such cycle to poultry

Dimensions of business excellence, D i mensions of business excellence ...

D i mensions of business excellence Business excellence is a continuously evolving process and no organisation can be thought of as -excellent performer in all four dimension

Explain impact for the management of multinationals, Question : (a) Wha...

Question : (a) What are the factors that have propelled the spread of HRM discourse and practice to developing and less developed countries? (b) Discuss the Morgan's(1986)m

Develop a integrated management project, You are not expected to submit a f...

You are not expected to submit a formal proposal. However, you will be able to access Subject Tutors via HenleyConnect and you may seek feedback from them as to the suitability and

What do you mean by psychological tests, What do you mean by psychological ...

What do you mean by psychological tests? Psychological Tests: These Tests are conducted along with a view to ascertaining the mental suitability of the candidate for perf

What is organizational culture and its characteristics , Organization's cul...

Organization's culture is the shared perception that organizational members have about its characteristics.As stated earlier, an organization's competitive advantage depends largel

Write Your Message!

Captcha
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