Project Closing

I’m working on a Management question and need guidance to help me study.

Mike was hired as a project manager to install hardwood floors for the company Awesome Floor and Tile. They will be installing new flooring into a local office building. Mike comes up with the list of work and estimates the time. A list of activities and their optimistic completion time, the most likely completion time, and the pessimistic completion time (all in days) are estimated in a given table. Following are the activities that are required to install the hardwood floor in the offices:

  • Activity 1: Measure office room dimensions
  • Activity 2: Estimate cost
  • Activity 3: Material requisition
  • Activity 4: Workforce requisition
  • Activity 5: Special tool requisition
  • Activity 6: Installation
  • Activity 7: Inspection and customer acceptance

Activity 2 starts immediately after Activity 1.

Activity 3, Activity 4, and Activity 5 start concurrently after Activity 2.

Activity 6 does not start until after Activity 3, Activity 4, and Activity 5 are completed.

The carpet installation project is complete after Activity 7 is completed.

Your assignment is to write a report that addresses the following:

If OT = Optimistic Time, MT = Most Likely Time, and PT = Pessimistic Time, use a Program Evaluation Review Estimate (PERT) to compute the statistical time for each activity, as in the following table:

Activities

OT

MT

PT

Activity 1

2

3

4

Activity 2

3

6

9

Activity 3

4

8

12

Activity 4

6

8

10

Activity 5

8

10

12

Activity 6

10

14

18

Activity 7

4

6

8

You must also do the following:

  • Determine and explain the expected completion time and the variance for each activity.
  • Determine and explain the total project completion time and the critical path for the project.
  • Determine and explain Early Start (ES), Early Finish (EF), Late Start (LS), and slack for each activity.
  • What is the probability that this project will be finished in 40 days or less? Explain.
  • Define how to gather the project requirements.
  • Analyze whether there are any potential changes that could impact overall project schedule and project finishing time.
  • Explain the best methods for managing the change requests and what kind of process this project should involve.
  • Analyze implications of changes in project scheduling.
  • Explain the best methods for managing the change requests and what kind of process this project should involve.
  • Evaluate applications of project management techniques in terms of the firm’s business operational goals and requirements.

Please submit your assignment in an APA-formatted paper, using the attached template.

Submitting your assignment in APA format means, at a minimum, you will need the following:

  • Title page: Remember the running head. The title should be in all capitals.
  • Body: The body of your paper begins on the page following the title page and abstract page and must be double-spaced (be careful not to triple- or quadruple-space between paragraphs). The type face should be 12-pt. Times Roman or 12-pt. Courier in regular black type. Do not use color, bold type, or italics except as required for APA-level headings and references. The deliverable length of the body of your paper for this assignment is 2–3 pages. In-body academic citations to support your decisions and analysis are required. A variety of academic sources is encouraged.
  • Reference page: References that align with your in-body academic sources are listed on the final page of your paper. The references must be in APA format using appropriate spacing, hang indention, italics, and upper- and lowercase usage as appropriate for the type of resource used. Remember, the Reference Page is not a bibliography but a further listing of the abbreviated in-body citations used in the paper. Every referenced item must have a corresponding in-body citation.

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