Mgt400
R75X
MGT400Assessment-3.docx
2020 – 2021
Summer 2021
Project Management MGT 400
Group Assessment 3 (15%, Chapter 9)
Start Date: 1 Aug 2021 - 00:00 am
Due Date: 5 Aug 2021 - 11:59 pm
( Please upload your assessment on Moodle using Group Assessment-3 Turnitin submission link )
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Student Name |
Student ID |
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Section: O1
Faculty Name: Dr. Atik Kulakli
Total Earned Points: /100
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Project Management (MGT 400) Summer 2021 |
Please answer the following questions (100 points)
Q1. Based on the given table below, answer the questions. (40 points)
Show all calculation steps in the answers
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Activity |
Time (weeks) |
Cost (KD) |
Max. Crash |
Slope |
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Normal |
Crash |
Normal |
Crash |
Time |
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A |
9 |
8 |
34000 |
35000 |
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B |
11 |
9 |
47000 |
50000 |
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C |
13 |
11 |
25000 |
29000 |
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D |
24 |
19 |
53000 |
56500 |
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E |
31 |
30 |
50000 |
53000 |
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F |
15 |
13 |
29000 |
30000 |
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G |
18 |
15 |
63500 |
71000 |
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H |
45 |
41 |
36000 |
39000 |
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I |
14 |
11 |
23000 |
26000 |
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J |
15 |
13 |
23500 |
26500 |
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CPM is A B E F I J
a) Calculate the Max. Crashing Time and Slope for each activity. (10 points)
b) Crash the project (reduce the duration) for 7 weeks. (15 points)
c) What is the total cost of the project before and after crashing? Explain the costs included in the calculation briefly. (10 points)
d) What is the Max. Crashing time for the overall of the project? Explain briefly (meaning that how many weeks you can perform crashing) (5 points)
Q2. Based on the given table below, answer the questions. (20 points)
Show all calculation steps in the answers
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Direct Costs |
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Activiy |
Slope |
Maximum |
Normal |
Crash |
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ID |
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Crash Time |
Time |
Cost ($) |
Time |
Cost ($) |
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A |
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6 |
110 |
4 |
170 |
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B |
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8 |
160 |
4 |
280 |
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C |
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13 |
130 |
10 |
220 |
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D |
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14 |
100 |
11 |
190 |
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E |
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8 |
200 |
4 |
300 |
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F |
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10 |
90 |
7 |
180 |
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G |
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4 |
160 |
2 |
260 |
CPM is A B D F G
a) Calculate the Max crash time and slope (10 points)
b) Crash the project for 8 weeks, calculate the total cost after crash (10 points)
Q3. Changing the scope one of the important factor to reduce (crash) the project duration. What other factors are important to be considered? Are there any risks associated with reducing the project duration? Briefly explain. (25 points)
Q4. What are the practical considerations for project crashing (reducing)? (15 points)
Answers: ( You can remove the questions if you wish in the submission )
1.
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Project Management (MGT 400) Summer 2021 |
