Project Management
1) The following table shows the allocation of work assignments and resources needed for an investment firm to make a decision on investing in company XYZ.
a) Create Responsibility Matrix
b) Create Resource Gantt Chart
c) Create Resources Loading Chart
2) Building a swimming pool
a) Create a Gantt chart from the work breakdown structure.
b) Create a PERT/CPM network showing the interdependencies of the different activities. How long will the project take? (Note: Don’t forget to take “elapsed time” into account.)
c) Using the information in your Gantt chart, as well as the information on wage rates and cost of materials, put together a budget showing planned total expenditures for the project.
Task ATask BTask C
Profolio ManagersWeek 1(S)-Week3 (P)
Associates-Week 1 (P)Week2 (S)
AnalystsWeek 1 (P)Week 2 (P)Week2 (S)
(P)=Primary (S)=Secondary
Resource Speadsheet
ResourceWeek 1Week 2Week 3
Profolio Manager
11
Associate
12
Analyst
25
Note: figures in spreadsheet are person-weeks of effort
TaskWorker CategoryPerson
Days
# of
Workers
Elapsed
Time (days)
Materials
($)
ExcavateMachine Operator6
2
01,500.00
Frame the wallsMasons8
4
0800.00
Install Internal PlumbingPlumber4
2
0700.00
Install ElectricityElectrician2
2
0500.00
Pour concreteMasons4
2
42,000.00
Install pump and filterPlumber1
1
03,000.00
Total8,500.00
CategoryWage Rate $/Day
Electrician200.00
Mason160.00
Machine Operator120.00
Plumber200.00