Calculations – Project crashing
You are the project manager on the time-constrained / cost enhance project called EXCITE. You
are asked to work out the answers to the question on project crashing. Figure 1 provides blank
network plans to use working the solutions out. However only your answers will be marked.
Please answer to all questions in the take home questions assignment. This word
document will not be submitted or marked!
What is the shortest project time with the lowest total costs of the project EXCITE? (3 marks)
What are the lowest total costs of the project EXCITE? (4 marks)
What is the shortest time the project could be completed in? (3 marks)
DIRECT COSTS
Max Slope
($ per day)
Max Crash
Time
NORMAL
TIME
NORMAL
COST
CRASH
TIME
CRASH
COST
A 6 $60 6 –
B 15 $14 13 $20
C 11 $4 7 $12
D 7 $21 6 $30
E 20 $50 15 $60
F 12 $22 11 $30
Figure 1: Project EXCITE blank network plans
A
B
C
D
E
F
A
B
C
D
E
F
A
B
C
D
E
F
A
B
C
D
E
F
A
B
C
D
E
F
A
B
C
D
E
F
TIME
Activities changed:
Cost:
Total Direct Cost:
TIME
Activities changed:
Cost:
Total Direct Cost:
TIME
Activities changed:
Cost:
Total Direct Cost:
TIME
Activities changed:
Cost:
Total Direct Cost:
TIME
Activities changed:
Cost:
Total Direct Cost:
TIME
Activities changed:
Cost:
Total Direct Cost:
Project Duration 24 25 26 27 28 29
Total direct Costs:
Total Indirect Costs: $100 $105 $110 $115 $120 $125
Total Project Cost:
– 2 –
Calculations – Earned value analysis I
You are the project manager on the project PIXIES, which has just completed day 7, and you have been given this updated project control chart shown below in fig. 2.Answer question “Earned value analysis I” in relation to this information.
Figure 2: project PIXIES at the end of day 7
Question “Earned value analysis I”
The project PIXIES in fig. 2 could be considered to be (tick the answer in the take home questions assignment):
Likely ahead of schedule and under cost
Likely behind schedule and under cost
Likely on schedule and under cost
Likely behind schedule and over cost
Calculations – Earned value analysis II
You are the manager on a time-constrained project called OKCOMPUTER and you have just received new information at the end of period 10. Your original baseline plan scheduled budget – the PV – is below in table 1.
Table 1: Project OKCOMPUTER baseline budget needs
ID
DUR
PV
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
A
2
$2 1 1
B
4
$8
2 2 2 2
C
8
$24
3 3 3 3 3 3 3 3
D
6
$6
1 1 1 1 1 1
E
7
$20
2 2 2 2 4 4 4
F
4
$4
1 1 1 1
G
5
$10
2 2 2 2 2
$0
$50 $50
$100 $100
$150 $150
$200 $200
$250 $250
$300 $300
$350 $350
1
2
3
4
5
6
7
8
9
10
PV
EV
AC
– 3 –
At the end of period 10 you have been given this updated information:
• Activities A, B, have been completed
• Activities C, D, E and F are in process
• Activity G has not started
A reporting sheet for the end of period 10 is presented below as table 2.
Table 2: Project OKCOMPUTER status report end of period 10
ID
Status
Actual % completed
EV
$
AC
$
PV
$
CV
$
SV
$
A
Complete
100%
$4
B
Complete
100%
$7
C
In progress
50%
$16
D
In progress
50%
$6
E
In progress
25%
$8
F
In progress
25%
$1
G
Not Started
0%
$0
$ CULMULATIVE TOTALS
Question – Earned value analysis II
Work out the measures indicated in the table below for the end of period 10 for project OKCOMPUTER. Please answer to all questions in the take home questions assignment. This word document will not be submitted or marked!
CV for Activity E
(2 marks)
SV for Activity C
(2 marks)
CV for the project
(2 marks)
CPI for the project
Please round to two decimal places
(2 marks)
SPI for the project
Please round to two decimal places
(2 marks)
In the answer box of the online take home questions please write your evaluation both of the project OKCOMPUTER at the end of day 10 and a recommendation to the client and project team for future action. The client’s priority is that the project is time-constrained. Technical quality to date has been acceptable.
(5 marks)
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