Quiz 8: Scheduling Projects

Business

Project Managers require technical skills as well as behavioral skills are also required to successfully resource any project. Behavioral skills such as people management, task assigning and completion, capability assessment, team management, engagement and motivation are required to resource the project and successfully complete the same.

Technical and Behavioral Skills used by Project Manager The following are the three examples each of when a project manager uses technical skills and three examples of when the behavioral skills are used: 1. Examples of technical skills: a. Estimating resource demands. b. Compressing a project schedule. c. Identifying when an employee is overworked or underutilized. 2. Examples of behavioral skills: a. Selecting the appropriate workers. b. Working with a diverse team. c. Developing capability in workers.

Crashing is a technique used to complete certain activities of a project at a faster pace compared to their normal pace which might often require resources like overtime pay, extra charge for swift deliveries etc. Consider the information table given below listing the normal time (NT) and normal cost (NC), the crash time (CT) and crash cost (CC), and the crash cost per day for all the three activities where, NT is the expected time of the activity, NC is the expected cost of the activity if the activity is not crashed, CT is the fastest time in which the activity can be completed, CC is the total cost incurred for completing the activity in crash time. Crash cost per day img . img Crash cost per day for activity A is given as, Crash cost per day img img Similarly, the crash cost per day for activity B is img . The crash cost per day for activity C is img . The activity that takes the least cost to speed up is the first one to be crashed. Here activity B takes the least cost to speed up, so the project manager should crash activity B first by 2 days. Activity B has a crash cost per day of img . Therefore, activity B will be crashed for a total of img .

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