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ChaPter 3  •  ProjeCt management     99

                                                                                                Figure 3.eX3
                      Description                         Task   Must Follow  Time (Weeks)
                                                                                                Tasks to be performed during
                      Interview executives                 A        None          6             systems development of an order
                      Interview staff in order fulfillment  B       None          3             fulfillment system.
                      Design input prototype               C         B            2
                      Design output prototype              D        A, C          3
                      Write use cases                      E        A, C          4
                      Record staff reactions to prototypes  F        D            2
                      Develop system                       G        E, F          5
                      Write up training manual             H        B, G          3
                      Train staff working in order fulfillment  I    H            2



                   22.  You can help Cherry finish her project faster by expediting. Here are the costs.
                      Activity  Estimated Duration  Crash Time   Cost per Week
                        A             6               3              600
                        B             3               2              100
                        C             2               2              400
                        D             3               2              400
                        E             4               2              200
                        F             2               2              200
                        G             5               3              300
                        H             3               2              400
                        I             2               2              300

                      If Cherry can keep her expediting expenses to $325 per day, then she would benefit from expediting
                     because she can start a new project earlier than planned. If she goes over the $325 per day limit, it
                     would not be worthwhile.
                      a.  Which three activities cannot be expedited at all because they are at their crash times already?
                      b.  Which two activities cannot be expedited because their expediting cost exceeds the daily limit?
                      c.   Which two activities are unlikely candidates for expediting because they are not on the critical
                       path?
                      d.   Set up a table and show step-by-step which activities should be expedited to shorten the project
                       time. What is the minimum time the project will take if Cherry expedites the project as much as
                       she can and stays within her limits?
                      e.  Why is Cherry’s limit exceeded if you try to shorten the project by one day more?
                   23.  Robyn Cucurullo is developing a social networking app for tablet computers. She has the following
                     stages completed so far.  Comp: Delete
                       Week or    Estimated Cost   period. Add colon.
                                                                  Actual Cost of
                                                 Stage Completed
                        Stage      of Stage   Per client's        Stage to Date
                        Week 1        $500    markup.                500
                                                    100 %
                        Week 2          400         100 %            500
                        Week 3          600         100 %            700
                        Week 4          500           50 %             50
                        Week 5          400           0          Not yet begun

                      a.  Create a table similar to the one in Figure 3.27
                      b.   For Week 3, calculate the budget at completion (BAC), planned value (PV), actual cost (AC), and
                       earned value (EV) at week 3.
                      c.   For Week 3, calculate the performance measures of cost variance (CV), schedule variance (SV),
                       the cost performance index (CPI), and the schedule performance index (SPI).
                      d.  What can you tell about the budget in Week 3 by using these performance measures?
                      e.  What can you tell about the schedule in Week 3 by using these performance measures?
                      f.  For Week 3, calculate the estimated time to complete (ETC) and estimate at completion (EAC).
                   24.  Using the data in the table from the previous problem:
                      a.  Create a table similar to the one in Figure 3.27 if you haven’t done so already.
                      b.   For Week 4, calculate the budget at completion (BAC), planned value (PV), actual cost (AC), and
                       earned value (EV) at week 3.
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