A. Irving Company is a small conglomerate specializing in health-related businesses, from wholesale planning to in-home health care and medical supplies. The company wants to replace its old legacy systems with an ERP system. Project details are shown below. Assume the Project start date is 03/05/2020 No. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. Task Define the business case Specify requirements Select an installer/system integrator Select an ERP vendor 20. 21. 22. Install the system Install phase 1 Install phase 2 Install phase 3 Perform parameterization Parameterize phase 1 Parameterize phase 2 Parameterize phase 3 Perform testing Test phase 1 of the system 15. 16. Test phase 2 of the system Test phase 3 of the system Conduct overall testing Conduct acceptance test 19. Perform training 17. 18. Train for phase 1 cut-over Train for phase 2 cut-over Train for phase 3 cut-over 23. Perform cut-over 24. Perform phase 1 cut-over 25. Perform phase 2 cut-over 26. Perform phase 3 cut-over 27. Assess performance in relation to specs 28. Closeout Duration (days) 60 10 10 10 10 10 12 22 15 14 20 20 30 5 2 10 10 12 2342C 2 Predecessors 1 2 3 4 6 7 8 10 11 12 14 15 15, 16 17 18 20 21 22 24 25 24, 25, 26 27 B. Assume one distinct person is assigned to each of the three phases. The person assigned to phase 1 cost $75/hr. While the person assigned to phase 2 cost $95/hr. and phase 3 costs $80/hr. Assume all other work is performed by the project manager at $150/hr. Complete the following activities with supporting documents where necessary 1. What is the expected duration of the project? 2. What is the total budget required to complete the project? 3. State which activities are on the critical path. 4. Identify and state which activities have free slack/float (3 marks) (3 marks) (6 marks) (6 marks) 5. State the Cost Per Assigned Resource (6 marks) 6. Describe three (3) ways in which the project may be completed sooner, without adding resources. (6 marks) 7. In crashing a project, we routinely focus on those activities that lie on the critical path, not activities with slack time. Explain why this is the case. Support your response with supporting evidence. (4 marks) 8. What are the advantages and disadvantages of reducing project scope to accelerate a project? What can be done to reduce the disadvantages? (6 marks)