Project #34347 - Project Management

1.                  (15 pts) Using the financial criteria of payback period, select the best project from the alternatives below (show your work):

Projects

A

B

C

D

Cost

$10,000

$25,000

$45,000

$200,000

Cash Flow per Year

$4,000

$2,000

$10,000

$40,000

Payback Period =

 

 

 

 

Best Project in Terms of Payback Period is

 

 

 

6.         (15 pts) Using the Multi-weighted scoring process, select the best project from the alternatives below (show your work):

 

 

Criteria ->

 

Strategic Fit

 

Payback < 3 years

Increases market share

Improves customer loyalty

 

Weighted Total

Weight ->

2

3

2

1

 

Project 1

5

2

2

2

 

Project 2

0

10

0

6

 

Project 3

10

5

0

8

 

 

(a)    Which project should be selected?

 

(b)   Which project is ranked last?


 

 

 

7.      (16 pts) Basic Project Network – Draw a project network for this project. Complete a forward pass on the network. Compute the early start times, and the early finish times for each Activity. Identify the earliest project completion time.

 

ID

Activity

Predecessor

Duration

A

Order Review

None

2

B

Order Standard Parts

A

15

C

Produce standard parts

A

10

D

Design custom parts

A

13

E

Software development

A

18

F

Manufacture custom hardware

C,D

15

G

Assemble

B,F

10

H

Test

E,G

5

 

 

 

Subject Mathematics
Due By (Pacific Time) 06/29/2014 06:00 pm
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