Problem 1: The Maxwell Construction Company
Assignment:
(a) Draw a CPM network Diagram of the Project
(b) Perform the forward and back ward passes on the network and determine the Early & Late start and Early & late finish times for each activity. What is the total project duration?
(c) Calculate the total float for the project and identify all the critical activities and the critical path.
(d) Should the Maxwell Construction Company bid on the project?
(e) Discuss the advantages and Disadvantages of CPM as a planning and controlling technique.
Problem 2: Manchester United Soccer Club
Part A:
1. Make a list of the major deliverables for the project and use them to develop a draft of the work breakdown structure for the tournament that contains at least three levels of detail. What are the major deliverables associated with hosting an event such as a soccer tournament?
2. How would developing a WBS alleviate some of the problems that occurred during the first meeting and help Nicolette organize and plan the project?
3. Where can Nicolette find additional information to help her develop a WBS for the tournament?
4. How could Nicolette and her task force use the WBS to generate cost estimates for the tournament? Why would this be useful information?
Part B:
The Manchester United Soccer Tournament project team has identified the following potential risks to their project:
a) Referees failing to show up at designated games.
b) Fighting between teams.
c) Pivotal error committed by a referee that determines the outcome of a game.
d) Abusive behavior along the sidelines by parents.
e) Inadequate parking.
f) Not enough teams sign up for different age brackets.
g) Serious injury.
How would you recommend that they respond (i.e., avoid, accept, . . .) to each of these risks and why?
Problem 3:
Your project is tasked with excavation of 1,000,000 cubic feet of soil. According to the project management plan you need to excavate 60,000 cubic feet of soil per week at a cost of $5 per cubic feet. According to the first month's progress report the project's EV was 1,000,000 and the AC was 1,200,000. According to the second month's progress report the project's EV was 2,200,000 and the AC was 4,400,000. After the 3rd month (12 weeks) you have 250,000 cubic feet of soil remaining to be excavated and you total cost to date is 4,000,000.
Determine the current values for the project for each of the terms below:
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Term
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Value
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Budget At Completion
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Planned Value
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Earned Value
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Actual Cost
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Cost Variance
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Schedule Variance
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Cost Performance Index
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Schedule Performance Index
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Estimate At Completion
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Estimate To Complete
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Variance At Completion
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