Allocate the resources with the assigned constraints Create a baseline project Analyze crashing critical project tasks in order to shorten the duration of the porject and decrease the total cost.
Class Project
Resource and Cost Assignment
Assign the following resources to the project:
Task | Duration | M (hrs) | O (hrs) | E (hrs) | P (hrs) |
Select and order equipment | 120 | 240 | 120 | ||
Receive Equipment | 320 | 320 | |||
Install and set up equipment | 160 | 480 | |||
Finalize bill of material | 160 | 80 | |||
Order component parts | 80 | 80 | 120 | ||
Receive component parts | 200 | 200 | |||
first production run | 240 | 480 | |||
Finalize marketing plan | 320 | 160 | |||
Produce Magazine ads. | 320 | ||||
Script for TV ads. | 240 | ||||
Produce TV ads. | 320 | ||||
Begin ad campaign | 480 | ||||
Ship product to customers | 40 | 80 |
M: Marketing; O: Operations; E: Engineering; P: Procurement; PM: Project Manager
Available Personnel and Percent of time:
Marketing: Laura (100%), Juan (50%), Lorena (50%), Henry (50%)
Operations: Bryan (100%), Miguel (50%), Chris (50%)
Engineering: Noel (100%), Adam (100%), Ellud (50%), Rodrigo (50%), Morgan (50%)
Procurement: Raymond (100%), Leonardo (50%)
Project Manager TOM
The following table shows the annual salary:
Team Member | Annual salary ($) |
Laura | 42,000 |
Juan | 44,000 |
Lorena | 44,000 |
Henry | 46,000 |
Bryan | 61,000 |
Miguel | 58,000 |
Chris | 60,000 |
Noel | 68,000 |
Adam | 70,000 |
Ellud | 66,000 |
Rodrigo | 64,000 |
Morgan | 70,000 |
Raymond | 40,000 |
Leonardo | 42,000 |
TOM | 200,000 |
Assign variable direct resource cost to the project assuming 2,000 working hours per year.