Perform the earned value calculations of the above project scenario and fill the given table.

Management by Geoffrey

question One

Consider the following project activities:

Activity Name Immediate Predecessor (list number/ name, separated by ‘,’) Normal Time
A – 6
B – 9
C A 12
D A, B 8
E D 9
F C, E 6
G E 5

 

Fill the given table with the required data and draw the network diagram for the above project activities to find the critical path.

 

Activity Name

 

 Activity Time Earliest

Start (ES)

 Earliest

Finish (EF)

 Latest Start (LS) Latest Finish (LF) Slack

(LS-ES)
A 6          
B 9          
C 12          
D 8          
E 9          
F 6          
G 5          
Project Completion Time =   Days
The Critical Path is=  

question Two

A project is scheduled to complete in six months duration. There are two activities in the project. The actual cost of Activity 1 is Perform the earned value calculations of the above project scenario and fill the given table. 300,000 and that of Activity 2  is SAR 200,000. The planned value of these activities is SAR 280,000 and 150,000 respectively. On reviewing, the current project status is Activity 1 is 100% completed and Activity 2 is only 75% completed.

(i) Perform the earned value calculations of the above project scenario and fill the given table.

Activity Month 1
Earned Value  
Planned Value  
Actual Cost  
Cost Variance  
Scheduled Variance  
Cost performance Index  
Schedule performance Index  

(ii) What do you infer about the project schedule and cost based on your calculations?

question Three

As a project manager of a Software project, you have received given data about the different type of Issues identified in the project: –

Issue 1 – 85 occurrences; Issue 2 – 125 occurrences; Issue 3 – 28 occurrences; Issue 4 – 395 occurrences; Issue 5 – 185 occurrences; Issue 6 – 128 occurrences; Issue 7 – 85 occurrences; Issue 8 – 169 occurrences; Issue 9 – 148 occurrences; Issue 10 – 209 occurrences.

Which diagram you will use to prioritize the Issues? Generate the diagram using any tool and paste it here.

question Four

What is the tool used by a project manager to check whether the resources are allocated correctly and monitor the resource utilization? Explain the advantages and disadvantages of the tool with suitable example.