The Berkshire Hills Bancorp is the parent of Berkshire Bank. The organization has approximately $6.0 billion in assets and 90 full service branch offices in Massachusetts, New York, Connecticut, and Vermont providing personal and business banking, insurance, and wealth management services. (Berkshire Hills Bancorp, 2014). The organization has a hiring process that needs updating to be able to identify the best candidate for the open positions.…
E 7.5 14 12.5 19 6.5 F 7 7 17 17 0 CRITICAL G 17 17 23.5 23.5 0 CRITICAL H 18.5 19 29.5 30 0.5 I 23.5 23.5 30 30 0 CRITICAL J 30 30 33.5 33.5 0 CRITICAL a. Duration of project: 33.5 weeks b. Slack for task A: 6.5 weeks c. Slack for task H: 0.5 weeks d. Task F scheduled start: week 7 e. Task I scheduled completion: week 30 4.…
The Huntsville Plant Project will be ready by the June 30, 2012 deadline set by the board of directors because the Project has covered all of the areas necessary in its planning. Huntsville has identified the team that they are going to use for the project. They have been informed with the details of the task that are required of them. The company’s team has an idea of what they must do to keep the project on track. The schedule coordinates the activities with the resources that are readily available to the Project Manager. There is a sequence, in which the task that is highlighted must be completed before another assigned task is started.…
While meeting with your project team, you have worked with them to determine the appropriate sequencing of the activities, and the duration for each activity. The data that you compiled is shown below. Using MS Project, follow the Project Schedule Instructions provided below to build a project schedule for the Huntsville Project by entering the information from the below task list with duration and predecessors.…
To plan work to meet agreed deadlines you should first priotise what is more important and less import and set aside more time fore the more important work.…
Initial projections show that the current schedule will take 50 weeks to finish with a final budget estimate of $3.152 million. Although the project estimate comes in under budget, the time frame for completion extends beyond the acceptable 45 weeks. Therefore, the following discussion takes a closer look at the project 's conditions by developing a project priority matrix, project network, and a Gantt chart to help Bjorn Ericksen and his team reduce the project duration. The author then offers a project closure approach.…
Schedule has minimal flexibility. Project execution, delivery of resources and equipment as well as regulatory inspections, need to be monitored.…
Schedules may be viewed differently in other cultures as well and Project managers must be aware of these concerns. Sometimes the original schedule was not realistically thought out and was too aggressive. Another reason is that time continues to move forward no matter what is being done to manage it. Careful consideration must be exercised to keep this perspective in mind during the time management process. Project contingencies will arise in the development of complex systems and these will need to be addressed. Also, people tend to build in too much safety time into their task completion estimates, but fail to utilize this allotted time and succumb to student syndrome, which basically means waiting until the last minute to begin the task and rushing through it quickly. This misuse of the available time causes projects to fall behind because too much false safety is consuming the time resource that was never utilized on the project. Finally, scheduling is an imprecise process and involves many people issues which adds to greater uncertainty. The scope of the project must be clearly defined and a detailed Work Breakdown Structure must be organized so a realistic work schedule can be assembled.…
The estimated project completion date is TUE 11/13/13 with duration of 127 days. After leveling and re-allocating work along the project line, the project got delayed for 3 days so that the completion day moved up to FRI 11/21/13 (total duration of 130 days). (MS Project 2007)…
A typical project is composed of tasks and resources. After tasks are identified, you organize the tasks in a logical hierarchy, also called a Work Breakdown Structure (WBS). Eventually, this sequence will show the interdependencies of each task. Then each task is given a duration. In MS Project, this can be in weeks, days, hours or minutes. You can also specify a milestone, which will represent an event that marks the completion of a group of related tasks.…
In the world of project management, utilizing the three-point technique can prove to be an invaluable tool. In addition to the three-point technique applying the earliest-start (ES), earliest-finish (EF), latest-start (LS), and latest-finish (LF) procedure to identify the critical path, the project completion time, and the slack for each task can prove to be set of invaluable data that will assist the project manager in accurately determining task duration estimates for the entire scope of work for the project. In this week’s assignment we will explore a construction company and the associated time estimates for each task as it relates to their entire project.…
Part of the reason are the different attitudes and work styles that exist towards schedules as stated in the text. Schedules may be viewed differently in other cultures as well and Project managers must be aware of these concerns. Sometimes the original schedule was not realistically thought out and was too aggressive. Time goals should be s.m.a.r.t. along with the rest of the project goals. Also, milestones can be used so that the project has points to assess the progress and help determine where the project is in relation to the schedule goals.…
A group of developers is building a new shopping center. A consultant for the developers has constructed the following project network and assigned activity times in weeks. Determine the earliest and latest activity times, activity slack, critical path, and duration for the project.…
Management and students of the University for Development Studies have decided to build a modern hospital to provide learning, research center and health care services for the students, staff and the general…
Delays in the completion of projects are often unavoidable. The project schedule which is planned at the beginning of the project is prone to being changed for many times and unfortunately causes delays. As a result, schedule delays may be a major problem for contractors as well as the owners, resulting in costly disputes, controversial issues and adverse relationships between all the 3project participants. Therefore, the identification, quantification and analysis of delays become essential. Contractors are prone to see most of the delays in the responsibility of the owner, while owners usually want to put the blame on the contractor or third parties. Consequently, it is necessary to analyze schedule delays and research the most significant causes of delay in projects to avoid or minimize their adverse impacts on the project and project participants.…