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An overlapping network diagram is given below. What is the Early Finish Date of Activity E?
You have a project to be completed in 6 months. At the third month, project team members report that it is 45% complete. The planned budgeted cost at the third month was $250,000. You have spent $232,000 of the project's $500,000 budget. What is the PV, AC, BAC, EV, CV, CPI, SV, SPI, ETC and EAC at the day of reporting the project status?
Comment on the results and explain briefly what the value of each item means for the project.
( PV: Planned Value; AC: Actual Cost; BAC: Budget At Completion; EV: Earned Value; CV: Cost Variance; SV: Schedule Variance; CPI: Cost Performance Index; SPI: Schedule Performance Index; ETC: Estimate To Completion; EAC: Estimate At Completion )
All of the following statements are true EXCEPT:
Explain in what situation PERT analysis may underestimate schedule risk, and in what situation PERT can be more accurate in predicting schedule risk? (in about 100 words)
See below for a project's precedence diagram and each activity's duration given in the table.
(1) If the project manager for the following project wants to be at least 90% sure about the scheduled completion time, how many weeks the project should be scheduled?
(2) What is the possibility that the project will take longer than 33 weeks?
What is earliest finish date (EFD) of activity F?
What the earliest start of activity G for the following network diagram? (FF-5 means Finish to Finish with -5 days lead time.)
Briefly explain in what situation Line of Balance can be used? (in about 80 words)
Consider the network below. Activity durations are given in nodes.
What is total float of activity D?