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Project Management

Project Management

McGee Carpet and Trim installs carpets in commercial offices. Andrea McGee has been very concerned with the amount of time it took to complete several recent jobs. Some of her workers are very unreliable. A list of activities and their optimistic completion time, the most likely completion time, and the pessimistic completion time (all in days) for a new contract are provided in a given table. Following are the activities that are required to install the carpets in the offices:

Activity 1: Measure office room dimensions
Activity 2: Estimate cost
Activity 3: Material requisition
Activity 4: Workforce requisition
Activity 5: Special tool requisition
Activity 6: Installation
Activity 7: Inspection and customer acceptance

Activity 2 starts immediately after Activity 1. Activity 3, Activity 4, and Activity 5 start concurrently after Activity 2. Activity 6 does not start until after Activity 3, Activity 4, and Activity 5 are completed. The carpet installation project is complete after Activity 7 is completed. If OT = Optimistic Time, MT = Most Likely Time, and PT = Pessimistic Time, use a Program Evaluation Review Estimate (PERT) to compute the statistical time for each activity, as in the following table:

Activities
OT
MT
PT

Activity 1
4
6
14

Activity 2
5
12
16

Activity 3
7
15
23

Activity 4
13
16
28

Activity 5
17
20
35

Activity 6
20
32
50

Activity 7
5
6
13

You must also do the following:

Determine the expected completion time and the variance for each activity
Determine the total project completion time and the critical path for the project
Determine Early Start (ES), Early Finish (EF), Late Start (LS), and slack for each activity
What is the probability that McGee Carpet and Trim will finish the project in 40 days or less?
Define project management and the necessary requirements.
Analyze implications of changes in project scheduling.
Evaluate application of project management techniques in terms of the firm’s business operational goals and requirements.

Please submit your assignment in an APA-formatted paper.

Submitting your assignment in APA format means, at a minimum, you will need the following:

Title page: Remember the running head. The title should be in all capitals.
Abstract: A summary of your paper, not an introduction. Begin writing in third-person voice.
Body: The body of your paper begins on the page following the title page and abstract page and must be double-spaced (be careful not to triple- or quadruple-space between paragraphs). The type face should be 12-pt. Times Roman or 12-pt. Courier in regular black type. Do not use color, bold type, or italics except as required for APA-level headings and references. The deliverable length of the body of your paper for this assignment is 2–3 pages. In-body academic citations to support your decisions and analysis are required. A variety of academic sources is encouraged.
Reference page: References that align with your in-body academic sources are listed on the final page of your paper. The references must be in APA format using appropriate spacing, hang indention, italics, and upper- and lowercase usage as appropriate for the type of resource used. Remember, the Reference Page is not a bibliography but a further listing of the abbreviated in-body citations used in the paper. Every referenced item must have a corresponding in-body citation.

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Question:
This question and assignment requires to formulate a linear program (LP) model. and an Excel Spread sheet problem solved by excel solver.

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Project Management

 

Case study – JB Newspapers
JB Newspapers is a significant Western Australian newspaper business. It has experienced strong growth for several years. Through its clever marketing and astute acquisitions it has projected growth of 10% pa revenues for each of the next 5 years. Last year the business had revenues of $120 Million. The paper publishes Monday to Friday and has an average circulation of 150,000 per publishing day. Its revenues consist of $1.50 per newspaper with the rest made of advertising. The company is very profitable and has good reserves of cash and lines of credit.
Physically, the business consists of offices for administration and reporting, and a very old printing facility, which while fully, paid is very expensive to operate compared to modern facilities. The main office is in the city. While it owns this property it believes it can realise $10 Million through its sale. As well, the business has 10 branches scattered throughout the city with total annual rental of $0.5Million.
A preliminary plan has been developed to improve efficiency and allow for continued growth. The elements of the plan are:
• The business will relocate all its current facilities to one, situated in an industrial centre on the edge of the city. The total land acquisition costs will be $2Million and $5Million for the office and administration facilities. The land will allow growth for at least 20 years projected and the planned facilities will allow growth for at least 5 years;
• The production facilities will utilise the most modern techniques and decrease “per newspaper” production costs from $0.30 to $0.15. The capital cost of $15 Million is estimated for this plant;
• As 150,000 newspapers must be distributed from this facility daily, a dispatch and distribution facility is required, along with appropriate infrastructure. The details of this are not well understood but $5Million has been set aside for this;
• A new IT system will be introduced. It is an off-the-shelf system widely used in the industry, and will integrate all journalist, production, advertising, distribution and administration functions of the business. IT hardware will be moved from the old premises (this was upgraded only last year and is thought to have the capacity required). However existing communications services will need to be transferred, new processes built (the new system works differently from the old one), and training and implementation arranged. The new IT system will cost $1.3 Million to purchase. In addition, consultants from the software vendor estimate their team can configure the systems and oversee the implementation requirements in 8 months – 4 months of configuration in their offices and 4 months of on-site support of the in-house project team. Their team will charge a fixed fee once the scope is finalised and this is estimated at $100,000 per month.
• The plan stipulates that there must be no disruption to sales, so this suggested the transfers be completed over a weekend.
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  2. Free Revisions

    We keep the quality bar of all papers high. But in case you need some extra brilliance to the paper, here’s what to do. First of all, you can choose a top writer. It means that we will assign an expert with a degree in your subject. And secondly, you can rely on our editing services. Our editors will revise your papers, checking whether or not they comply with high standards of academic writing. In addition, editing entails adjusting content if it’s off the topic, adding more sources, refining the language style, and making sure the referencing style is followed.
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    We make sure that clients’ personal data remains confidential and is not exploited for any purposes beyond those related to our services. We only ask you to provide us with the information that is required to produce the paper according to your writing needs. Please note that the payment info is protected as well. Feel free to refer to the support team for more information about our payment methods. The fact that you used our service is kept secret due to the advanced security standards. So, you can be sure that no one will find out that you got a paper from our writing service.
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    We have a support team working 24/7 ready to give your issue concerning the order their immediate attention. If you have any questions about the ordering process, communication with the writer, payment options, feel free to join live chat. Be sure to get a fast response. They can also give you the exact price quote, taking into account the timing, desired academic level of the paper, and the number of pages.

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