Project Management

W​‌‍‍‍‌‍‍‌‍‌‌‍‍‍‌‍‌‌‌‍​hen you are planning, scheduling, or managing any type of project, no matter how large or small in scope, using the Critical Path Model is necessary. CPM is used globally with all types of projects, from the energy industry and military weapons building to the aircraft and construction industries. CPM allows groups and individuals to be in multiple locations around the world and to see the progress of the projects in real time. In this assignment you will solve for variables from a developed CPM or project network. You will then build a Critical Path and populate it. Submit your solutions in a word document. In your text, Chapter 9, Project Scheduling: PERT/CPM on page 445, complete problem 6 which shows a project network with activity times. Answer the following: Identify the critical path. How much time will be needed to complete this project? Can activity D be delayed without delaying the entire project? If so, by how many weeks? Can activity C be delayed without delaying the entire project? If so, b​‌‍‍‍‌‍‍‌‍‌‌‍‍‍‌‍‌‌‌‍​y how many weeks? What is the schedule for activity E? In your text, Chapter 9, Project Scheduling: PERT/CPM on page 445, complete problem 7 which states: Embassy Club Condominium, located on the west coast of Florida, is undertaking a summer renovation of its main building. The project is scheduled to begin May 1, and a September 1 (17 week) completion date is desired. The condominium manager identified the following renovation activities and their estimated times in the table below: Using the data in the above statement and in the table below to answer the following questions: Draw a project network. What are the critical activities? What activity has the most slack time? Will the project be completed by September 1? Activity Immediate Predecessor Time A – 3 B – 1 C – 2 D A, B, C 4 E C, D 5 F A 3 G D, F 6 H E 4 Provide a brief narrative on your CPM and describe the importance of the use of this tool for business and industry​‌‍‍‍‌‍‍‌‍‌‌‍‍‍‌‍‌‌‌‍​.

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