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Solution for QID #89028: (a) develop Critical Path Schedule for the activity listing | StudyHelpMe

Subject: Management
Status: Made to Order
(a) develop Critical Path Schedule for the activity listing and activity relationships listed below. You are to conduct a forward and backward pass to calculate the early and late start and finish dates and identify those activities on the critical path. This can be done in either MS Project or manually calculated and tabulated in a report format. You are to make network diagram and a Gantt Bar Chart. This can be performed in MS Project or through some other means. Project start date is January 1, 2020 with a five day work week starting on Monday. There are no holidays. Activity Description Duration (Days) A Design 10 B Program 20 C Quality and Test 25 D Rework 15 E Deliver and Train 20 Predecessor Successor Relation and Lead/Lag A B FS B C SS +10 B D FS C D FF C E FS D E FS (b) You are to make resource loading profile and time-phased hour and cost budgets by week for each activity. The report should be distributed based upon the Full-Time Equivalence provided in the following table. Assume 8 hours per day for each work day. Activity Resource FTE (Headcount) A Labor 3 B Labor 10 C Labor 3 D Labor 4 E Labor 2 (c) Based upon a $50/hour rate, calculate a fully burdened rate using a 60% Direct Labor Overhead, 15% General & Administrative, and 20% Profit rates; these rates are empirical burden rates. Based upon the rate, create both a time phased incremental and cumulative report for both quantity and fully burdened costs. The format for the report is distributed by week for each activity and totaled at the bottom for hours and dollars.  (d) develop time-phased chart for the cumulative-to-date cost budget and one for the incremental cost budget. Make sure the graph has a proper x and y label and a title. (e) Based upon a management reserve of 10%, what is the total project cost expected to be?
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