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QUESTION A: A project to build a new bridge seems to be going very well since the project is well ahead of schedule and costs

QUESTION A: A project to build a new bridge seems to be going very well since the project is well ahead of schedule
and costs seem to be running very low. A major milestone has been reached where the first two
activities have been totally completed and the third activity is 60% complete. The planners were only
expecting to be 50% through the third activity at this time. The first activity involves prepping the site for
the bridge. It was expected that this would cost $1,420,000 and it was done for only $1,300,000. The
second activity was the pouring of concrete for the bridge. This was expected to cost $10,500,000 but
was actually done for $9,000,000. The third and final activity is the actual construction of the bridge
superstructure. This was expected to cost a total of $8,500,000. To date they have spent $5,000,000 on
the superstructure.
Calculate the schedule variance, schedule performance index, and cost index for the project
to date. How is the project going? Question A: (5 points)
A project to build a new bridge seems to be going very well since the project is well ahead of schedule
and costs seem to be running very low. A major milestone has been reached where the first two
activities have been totally completed and the third activity is 60% complete. The planners were only
expecting to be 50% through the third activity at this time. The first activity involves prepping the site for
the bridge. It was expected that this would cost $1,420,000 and it was done for only $1,300,000. The
second activity was the pouring of concrete for the bridge. This was expected to cost $10,500,000 but
was actually done for $9,000,000. The third and final activity is the actual construction of the bridge
superstructure. This was expected to cost a total of $8,500,000. To date they have spent $5,000,000 on
the superstructure.
Calculate the schedule variance, schedule performance index, and cost index for the project
to date. How is the project going? QUESTION B: Demand Planning & Fulfillment
Homework #7
Question A: (5 points)
A project to build a new bridge seems to be going very well since the project is well ahead of schedule
and costs seem to be running very low. A major milestone has been reached where the first two
activities have been totally completed and the third activity is 60% complete. The planners were only
expecting to be 50% through the third activity at this time. The first activity involves prepping the site for
the bridge. It was expected that this would cost $1,420,000 and it was done for only $1,300,000. The
second activity was the pouring of concrete for the bridge. This was expected to cost $10,500,000 but
was actually done for $9,000,000. The third and final activity is the actual construction of the bridge
superstructure. This was expected to cost a total of $8,500,000. To date they have spent $5,000,000 on
the superstructure.
Calculate the schedule variance, schedule performance index, and cost index for the project
to date. How is the project going?
Question B: (5 point)
Schedule the following activities using CPM:
Part (a) Draw the network (2 points):
Part (b) What is the critical path? (1 point)
Part (c) How many weeks will it take to complete the project? (1 point)
Part (d) What activities have slack, and how much? (1 point)
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