PROJ 586 Week 3 + Week 4 Homework Problems
Guide4StudentsPROJ 586 Project Management Systems - DeVry
PROJ 586 Week 3 Homework; AIB Problems
Problem 1
Problem 2
Problem 3
Problem 4
PROJ 586 Week 4 Homework; AIB Problems
Problem 1
Use the network diagram below and the additional information provided to answer the corresponding questions. [15 points]
a) The crash cost per day per activity. [10 points]
b) Which activities should be crashed to meet a project deadline of 10 days at minimum cost? What is the cost impact of crashing these activities? [3 points]
c) Find the new budget (or cost of the project). [2 points]
Problem 2
Use the network diagram below and the additional information provided to answer the corresponding questions. [13 points]
a) The crash cost per day per activity. [10 points]
b) Which activities should be crashed to meet a project deadline of 13 days at minimum cost? What is the cost impact of crashing these activities? [3 points]
Problem 3
a) Calculate the CV (Cost Variance). [2 points]
b) Is the CV over or under budget? [2 points]
c) Calculate the SV (Schedule Variance). [2 points]
d) Is the SV ahead or behind schedule? [2 points]
Problem 4
a) Calculate the CPI (Cost Performance Index). [2 points]
b) Is the project cost efficient or not efficient? [2 point]
c) Calculate the SPI (Schedule Performance Index) [2 points]
d) Is the schedule efficient or not efficient? [2 point]
a) Calculate the CV (Cost Variance). [2 points]
b) Calculate the CPI (Cost Performance Index). [2 points]
c) Calculate the SV (Schedule Variance). [2 points]
d) Calculate the SPI (Schedule Performance Index) [2 points]
a) Calculate the CV (Cost Variance). [1 point]
b) Calculate the CPI (Cost Performance Index). [1 point]
c) Calculate the SV (Schedule Variance). [1 point]
d) Calculate the SPI (Schedule Performance Index) [1 points]
e) Explain the project performance in terms of efficiency, budget and schedule. What should the project manager do for the project? [4 points]
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