Group Assignment II Question1: Project Management
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Questions and Answers

The RELIABLE CONSTRUCTION COMPANY has just made the winning bid of $______ million to construct a new plant for a major manufacturer.

5.4

The manufacturer needs the plant to go into operation within ______ year.

a

The contract includes a penalty of $______,000 if Reliable has not completed construction by the deadline 47 weeks from now.

300

A bonus of $______,000 will be paid to Reliable if the plant is completed within 40 weeks.

<p>150</p> Signup and view all the answers

The project manager has decided to focus his initial planning on meeting the deadline of ______ weeks.

<p>47</p> Signup and view all the answers

The project manager is doubtful that it will be feasible to finish within 40 weeks without incurring ______ costs.

<p>excessive</p> Signup and view all the answers

Activity A has an immediate predecessor of ______

<p>None</p> Signup and view all the answers

The estimated duration for Activity K is ______ weeks

<p>4</p> Signup and view all the answers

The activity that involves installing the exterior plumbing is ______

<p>D</p> Signup and view all the answers

The project crashing schedule aims to ______ the project duration

<p>reduce</p> Signup and view all the answers

In the inventory models, the independent model is ______ on demand

<p>not dependent</p> Signup and view all the answers

To prevent delaying project completion, delays must be avoided in ______ activities

<p>critical bottleneck</p> Signup and view all the answers

Faced with limited capital each year, management would like to select the most profitable ______

<p>projects</p> Signup and view all the answers

The estimated net present value for each project, the capital requirements, and the available capital over the four-year period are shown in ______

<p>Table</p> Signup and view all the answers

Total Capital Expansion is $ ______

<p>80,000</p> Signup and view all the answers

Year 1 Cap Rqmt for Warehouse Expansion is $ ______

<p>10,000</p> Signup and view all the answers

Year 3 Cap Rqmt for New Product Machinery is $ ______

<p>10,000</p> Signup and view all the answers

Discuss about major project ______ and how they could be mitigated?

<p>risks</p> Signup and view all the answers

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