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Create the gantt chart for the project and paste it in here


Question: The following scenario pertains to Questions 1-5.

A project consists of the following 5 elements. Assume that the CapEx (capital expenditure) takes place at the beginning of each element, that there are 40 working hours in a week, and that labor is charged at $100/hr. The precedents are given in the second column.

Element Dependencies       CapEx         Duration      Total hrs

A Can start immediately     $5,000      4 weeks        160

B Can start immediately     $10,000     4 weeks        160

C B needs to be complete  $8,000      2 weeks         80

D A and C need to be complete   $12,000 1 week     40

E C needs to be complete   $9,000     2 weeks         80

Question 1:

Using PlanBee scheduling software set up a project (AoN) for the project shown above,

then display a PERT chart for the project. Simply capture the screen with something like Snagit and paste the JPG in here. I am suggesting PlanBee, because it is easy to learn. If you already have MS Project on your computer, you may use that instead.

Question 2:

Create the Gantt chart for the project and paste it in here.

Question 3:

Give a cost estimate for the project, without contingencies.

Question 4:

Using the software Projrisk supplied, calculate the additional contingency for this project so that you will have a 90% confidence of having sufficient funds. Please ensure YOU provide the answer from the software. The examiner will NOT interpret any software pastings you include. However - please paste a copy of the data you have entered and also any relevant backups to support your answer. Also paste a copy of your S-curve in here.

Assume the following, based on past experience:

Expected variation on all materials -5%, +10% triangular distribution

Expected variation on labor -5%, +5% [10]

Question 5:

At the end of the third week you are compiling a progress report.

Task A is proceeding as per plan. However, B is a problem. You have only completed 50% of the work, and you have already booked 140 hours on the job. All CapEx has already been done.

Calculate the following (IF THERE ARE ERRORS - I CAN TRY AND GIVE MARKS BUT ONLY IF FORMULAE ARE SUPPLIED AS WELL):
BAC
BCWS
BCWP
ACWP
SPI
CPI
CV
SV
ETC
EAC

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Mechanical Engineering: Create the gantt chart for the project and paste it in here
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The solution is unique and has been made in ms word. This is project management assignment and deals with question on it. Have developed Gantt chart, pert chart and have some formulas based on that.

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