End PM 10-02-2021
End PM 10-02-2021
Project Management
Max Marks: 40 Time Allowed (02 HRS : 45 MINS)
3
10
2. Consider the partial resource-loading chart shown below. Suppose that you can commit
a maximum of 8 resource hours per day;
a. Choose the dates on which project resources are overallocated? 2
b. How should the resource-loading table be manipulated to correct for this 3
overallocation?
c. Now suppose that the maximum number of resource hours per day you can commit
is reduced to six. How would you reconfigure and construct the resource-loading 5
table to adjust for this number? What would be the new project completion date?
10
a. Calculate the monthly budget and the monthly cumulative budgets for the project. 2.5
b. Draw a project S-curve identifying the relationship between the project’s budget 2.5
baseline and its schedule.
4. Make use of the data in the table below and complete the table by calculating The
cumulative planned and cumulative actual monthly budgets through the end of June. 5
Complete the earned value column on the right. Assume that the project is planned for
a 12-month duration and a $250,000 budget.
4
15
After calculating all the missing information as asked in the above table, calculate the
following as well;
1. Schedule variances
Planned value (PV)
Earned Value (EV) 5
Schedule Performance Index (SPI)
Estimated Time to Completion
2. Cost Variances
Actual Cost of Work Performed (AC)
Earned Value (EV) 5
Cost Performance Index (CPI)
Estimated Cost of Completion
Grading Criteria
Q’s
1 Create AON and calculate all the relevant fields in each node 07
Find the critical path length 03
2 the dates on which project resources are overallocated? 02
correct for this overallocation in the resource loading table 03
Reconfigure the table with the constraint on 6 resources max per day 05
3 Calculate monthly budget and monthly cumulative budget 2.5
Draw a project S-curve identifying the relationship between the project’s 2.5
budget baseline and its schedule.
4 Complete the missing values in the given table 05
Calculate Schedule variances 05
Calculate cost variances 05