Question

Using the following information about work package budgets, complete the overall time-phased budget for the following...

Using the following information about work package budgets, complete the overall time-phased budget for the following project. Which weeks have the greatest budget expense?

TASK

Budget

Week 1

Week 2

Week 3

Week 4

Week 5

Week 6

Week 7

Week 8

A

5

3

2

B

8

1

4

3

1

C

12

2

7

3

D

7

3

3

1

E

14

5

5

2

2

F

6

1

2

3

Plan

52

4

8

Cumulative

4

12

Homework Answers

Answer #1

TASK Budget Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7 Week 8
A 5 3 2
B 8 1 4 3 1
C 12 2 7 3
D 7 3 3 1
E 14 5 5 2 2
F 6 1 2 3
Plan 52 4 8 13 12 6 3 4 3
Cumulative 4 12 25 37 43 46 50 53

So,

Week-3 has the greatest budget expense and Week-4 is the second-greatest.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
With the following information, complete a time-phased budget for your project. What are the weekly and...
With the following information, complete a time-phased budget for your project. What are the weekly and cumulative costs? TASK Budget Week 1 Week 2 Week 3 Week 4 Week 5 A 9 7 2 B 16 4 10 2 C 17 2 10 4 1 D 30 4 12 14 Plan Cumulative
Prepare a table in Excel showing the time-phased budget for the project. Assume the budgeted cost...
Prepare a table in Excel showing the time-phased budget for the project. Assume the budgeted cost is linearly distributed over the duration of the activity, e.g., if the budgeted cost of a Task is $100 and the duration of the Task is 2 weeks, then budgeted cost/week=100/2= $50. All calculations should be done within the Excel spreadsheet. Task Predecessor Budget Cost ($) Duration (weeks) A - $              1,500 4 B A $              1,350 2 C A $              1,260 3 D...
Use the following data for question below. Activity Normal Time (weeks) Crash Time (weeks) Normal Cost...
Use the following data for question below. Activity Normal Time (weeks) Crash Time (weeks) Normal Cost Total Cost with Crashing Pred 1 Pred 2 A 10 7 $200 $400 B 15 10 $250 $600 C 13 8 $600 $1,500 A B D 14 10 $800 $1,200 A B E 8 4 $1,000 $3,000 C D F 12 6 $1,200 $1,800 C D G 7 6 $700 $1,400 E F H 5 3 $500 $900 E F If the project must...
Complete this table. Which tasks have the highest degree of uncertainty in terms of the time...
Complete this table. Which tasks have the highest degree of uncertainty in terms of the time required to complete them? Please provide a detailed explanation (Specifically the formula used in column "T & Standard Deviation") Task To (optimistic) Tm (most likely) Tp (pessimistic) T Standard Deviation Predecessor Task 1 3 days 7 days 14 days 0 2 16 days 21 days 43 days 1 3 6 days 8 days 15 days 2 4 9 days 11 days 19 days 2...
4a.) The management of a hotel is worried about the number of customer complaints. A detail...
4a.) The management of a hotel is worried about the number of customer complaints. A detail analysis shows the number of complaints in 100 feedback per week over the past 12 weeks. a) Develop control charts with z = 3. b) Is the process in control? Week Number of complaints 1 4 2 5 3 6 4 6 5 3 6 2 7 6 8 7 9 3 10 4 11 3 12 4
The time-phased net requirements for the base assembly in a table lamp over the next six...
The time-phased net requirements for the base assembly in a table lamp over the next six weeks are: Week 1 2 3 4 5 6 Requirements 335 240 180 340 320 200 The setup cost for the construction of the base assembly is $200, and the holding cost is $0.30 per assembly per week. What lot sizing do you obtain from the EOQ formula? Determine the lot sizes using the Silver–Meal heuristic. Determine the lot sizes using the least unit...
Problem 5-7 The following activities are part of a project to be scheduled using CPM: ACTIVITY...
Problem 5-7 The following activities are part of a project to be scheduled using CPM: ACTIVITY IMMEDIATE PREDECESSOR TIME (WEEKS) A — 7 B A 6 C A 2 D C 4 E B D 3 F D 4 G E F 6 b. What is the critical path? A-C-D-F-G A-C-D-E-G A-B-E-G A-B-D-F-G c. How many weeks will it take to complete the project? Number of weeks             d. How much slack does activity B have? Slack of activity B             week(s)
2. Get ready Read the following details for a project to expand the Quest Web site...
2. Get ready Read the following details for a project to expand the Quest Web site to offer business travel services. Expanding the Quest Web site to provide business travel services: Ron Dawson can design the Web pages. He estimates he needs about 5 hours and $250 to do this. The Web pages should be designed June 1-5. Overall budget is $2000. The tour database also needs to be expanded. Keisha Lane is in charge of this task. She needs...
Activity Immediate Predecessor Optimistic Time Most-likely time Pessimistic Time A None 3 6 9 B A...
Activity Immediate Predecessor Optimistic Time Most-likely time Pessimistic Time A None 3 6 9 B A 3 5 7 C A 4 7 12 D B 4 8 10 E C 5 10 16 F D, E 3 4 5 G D, E 3 6 8 H F 5 6 10 I G 5 8 11 J H, I 3 3 3 (a). What is the expected time for each activity? (2 points) (b.) What is the variance for each...
An airline wants to select a computer software package for its reservation system. Four software packages...
An airline wants to select a computer software package for its reservation system. Four software packages (1, 2, 3, and 4) are commercially available. The airline will choose the package that bumps as few passengers as possible during a month. An experiment is set up in which each package is used to make reservations for 5 randomly selected weeks. (A total of 20 weeks was included in the experiment.) The number of passengers bumped each week is obtained, which gives...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT