question archive Part One Program Evaluation and Review Technique (PERT) and Monte Carlo Analyses Refer to the activities defined in the Unit II Assignment, and complete the following tasks
Part One Program Evaluation and Review Technique (PERT) and Monte Carlo Analyses Refer to the activities defined in the Unit II Assignment, and complete the following tasks
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Part One
Program Evaluation and Review Technique (PERT) and Monte Carlo Analyses
Refer to the activities defined in the Unit II Assignment, and complete the following tasks.
1. Create a table of the activities, and identify logical relationships by identifying predecessors.
2. Estimate activity durations using three-point estimates.
3. Create a PERT schedule, and identify the project critical path.
4. Using the breakfast schedule spreadsheet as a guide (along with the Monte Carlo simulation supplement in Chapter 7
of the textbook), model your schedule using Monte Carlo analysis (10 trial runs minimum).
To assist as you create your assignment, watch the Backward Pass Simulation video.
Also watch the Forward Pass Simulation video.
A transcript and closed captioning are available once you access the videos.
Submit your PERT and Monte Carlo analyses for grading along with a one-page written summary of the results and a brief discussion of how the results could be used to inform a project schedule risk plan. APA Style and outside sources are not a requirement for this assignment.
Part Two
Course Project Progress Monitoring: Return to MobileGo
The MobileGo project is making progress implementing the new systems. However, the software upgrades and the new software installation are not complete. The project sponsor has requested an update on the project. Using the MobileGoEarned Value scenario spreadsheet, complete the following tasks.
1. Complete earned value metrics for each line item of the project.
2. Use the metrics to create indexes for cost and schedule.
3. Explain what the metrics mean in terms of the overall health of the project.
4. Project where the project will end in terms of budget and schedule. What potential risks and trade-offs do you see?
5. Explain any recommendations you have for improving the project schedule, budget, or both.
Prepare a 10-slide PowerPoint presentation that you can give to the project sponsor that explains your calculations, predictions, and recommendations. Remember that you are giving this information to the project sponsor, so consider what he or she would need to know as you draft your presentation.
Use at least one outside source to support your recommendations for improvement. Adhere to APA Style when creating citations and references for this assignment.
You must either use speaker notes. Be sure to elaborate in your speaker notes or audio; do not simply repeat the text from your slides.
Please submit your calculation and presentation for grading.
