Question
Please read the A&D High Tech B case. Answer the following questions and please keep your answers concise: As of August 26, what is the
Please read the A&D High Tech B case. Answer the following questions and please keep your answers concise:
As of August 26, what is the projected cost and schedule? What are the trends? What is the critical path(s)?
Given the dimensions of project management and critical paths of a project, what can be done to bring the project back on track?
Is it possible to implement the changes to incorporate the promotional bundles and to complete the project by December 1? What are the necessary changes to the plan? Are there any additional risks involved in the revised plan?
What is the estimated cost variance for the project?
Answer I got from chegg:
Step 1/2 As of August 26, the projected cost for the project is $1,542,000, and the projected schedule is December 18. The trend for the cost is overrunning, while the trend for the schedule is slipping. The critical path is software development, testing, and documentation.
To bring the project back on track, the project manager can consider the following steps: Explanation:
Reassess the project schedule and cost estimates to ensure they are realistic and feasible. Identify the critical path and focus on reducing the time required for the activities on that path. Consider adding more resources, such as personnel or technology, to speed up the completion of critical activities. Re-evaluate the project scope and consider cutting non-critical features to reduce project complexity and improve focus. Improve communication and collaboration between team members to identify and resolve issues more quickly.
3. It is possible to incorporate the promotional bundles and complete the project by December 1, but it will require changes to the plan. Necessary changes include:
Fast-tracking critical activities to reduce their duration. Adding resources to speed up the completion of critical activities. Re-sequencing tasks to optimize their flow and minimize delays. Adjusting the project scope to ensure it remains feasible within the revised timeline. Reducing the time allocated to non-critical activities. Additional risks involved in the revised plan include the potential for increased project complexity, decreased quality, and reduced team morale due to increased pressure and workload.
Final answer
4. The estimated cost variance for the project is the difference between the planned cost and the actual cost. Based on the data provided in the case, it is not possible to determine the estimated cost variance without additional information.
I need .mpp file or screenshots of .mpp file for this to support above answer. Thanks in advance.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started