Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

PMAN 635 Session 10 Individual Assignment Instructions: Answer both the questions. Show your work. Question 1 carries 60% weight and Question 2 carries 40% weight.

PMAN 635 Session 10 Individual Assignment Instructions: Answer both the questions. Show your work. Question 1 carries 60% weight and Question 2 carries 40% weight. If a question has multiple sub-questions, each sub-question is weighted equally. 1. The following table shows the information on a marketing project. It is currently at the end of day 48. (i) Determine if the project is in control based on time and cost to date. (ii) If not, what is the cost of overage or underage? Activity Duration Budget Actual Cost % Complete 1-2 10 300 250 100.00 2-3 8 400 450 100.00 2-4 12 350 380 100.00 3-5 18 405 400 70.00 5-6 16 450 ------- 0.00 Hint: You need to calculate the SPI and CPI to answer (i); determine EAC and compare it To BAC to answer (ii). It would help if you drew the network diagram first. 2. There are two major projects in progress in your organization: Project A - Software Development (this is an s-shaped project) and Project B - Annual tradeshow (this is a jshaped project). You are managing a super important project C that requires an immediate input of a resource being used by both projects A and B but is otherwise unavailable. From which (or both or neither) do you borrow the resource? Why? Hint: S-Shaped curve: They start slowly, develop momentum, and then finish slowly J-Shaped curve: They start slowly , proceed slowly, and then finish rapidly.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Strategic management concepts

Authors: Fred david

13th Edition

9780136120988, 136120997, 136120989, 978-0136120995

More Books

Students also viewed these General Management questions

Question

LO12.5 Discuss the economic effects of monopoly.

Answered: 1 week ago

Question

LO12.1 List the characteristics of pure monopoly.

Answered: 1 week ago