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1
IT Project Management
Name of student
Name of professor
Course title
Date
2
Question One
Learning Outcome(s):
Consider the following project activities:
LO2: State the best
practices in the IT
project management
processes.
3
Activity
Name
Immediate Predecessor (list number/ name,
separated by ',')
Normal
Time
A
-
6
B
-
9
C
A
12
D
A, B
8
E
D
9
F
C, E
6
G
E
5
Fill the table with the required data and draw the network diagram for the above project
activities to find the critical path.
Activity
Name
Earliest
Earliest
Start
(ES)
Activity Time
Latest
Finish
(LF)
(LS-ES)
6
3
9
3
Slack
A
6
B
9
0
9
0
9
0
C
12
6
18
14
9
8
D
8
9
17
9
17
0
E
9
17
26
32
F
6
26
32
26
32
0
G
5
5
31
27
32
1
Project Completion Time =
The Critical Path is=
0
Finish
(EF)
Latest
Start
(LS)
26
32 Days
B, D, E, and F
0
4
Answer?
Usually, the Critical path is where slack is zero, which is seen in activities B, D, E, and F
Explanation= Slack = latest start- earliest start
Latest finish= latest start of a successor
Latest start= Latest finish- duration
Earliest finish= earliest start+ duration
Earliest Start= Earliest finish of the predecessor
5
Question Two
Learning Outcome(s):
LO3: Develop a
comprehensive IT
project plan for
estimation,
scheduling,
communication,
resource
management,
procurement, risk,
and quality.
Earned Value
A project is scheduled to complete in six months. There are two activities
in the project. The actual cost of Activity 1 is SAR 300,000, and that of
Activity 2 is SAR 200,000. The planned value of these activities is SAR
280,000 and 150,000, respectively. On review, the current project status
is Activity 1 is 100% completed, and Activity 2 is only 75% satisfied.
Activity
Month 1
450,000
Planned Value
430,000
Actual Cost
500,000
Cost Variance
50,000
Scheduled Variance
20,000
Cost Performance Index
0.9
Schedule performance Index
1.0465
Answer?
(i) Perform the earned value calculations of the above project
scenario and fill in the table.
Earned value is equal to the percentage of planned value completed
Earned value= 1×300,000+ 0.75× 200,000= 450,000
6
Planned value= 280,000+ 150,000= 430,000
Actual cost= 300,000+ 200,000= 500,000
Cost variance= Earned value- Actual cost
CV= 450,000-500,000= - 50,000...
