Project Management Process

Reflection and Discussion Forum Week 8

Reflection and Discussion Forum Week 8Assigned Readings:Chapter 9. Project SchedulingInitial Postings: Read and reflect on the assigned readings for the week. Then post what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding in each assigned textbook chapter.Your initial post should be based upon the assigned reading for the week, so the textbook should be a source listed in your reference section and cited within the body of the text. Other sources are not required but feel free to use them if they aid in your discussion.Also, provide a graduate-level response to each of the following questions:

  1. Discuss a project in which scheduling is not important. Explain why this project is not sensitive to scheduling decisions.
  2. Is it possible for a project team to achieve high efficiency without scheduling tasks and activities? Discuss.

[Your post must be substantive and demonstrate insight gained from the course material. Postings must be in the student’s own words – do not provide quotes!] [Your initial post should be at least 450+ words and in APA format (including Times New Roman with font size 12 and double spaced). Post the actual body of your paper in the discussion thread then attach a Word version of the paper for APA review]

 

Activity 8

Product Development. Consider the simplified set of activities in the Table below for the development of a consumer product from initiation through the market test phase. ActivitySymbolImmediate predecessorsTime estimate (weeks)Investigate demandA 3Develop pricing strategyB 1Design productC 5Conduct promotional cost analysisDA1Manufacture prototype modelsEC6Perform product cost analysisFE1Perform final pricing analysisGB,D,F2Conduct market testHG8

  1. Draw the AOA network for this project.
  2. Calculate total slacks and free slacks, and interpret their meaning. .
  3. Determine the critical path and interpret its meaning.
  4. Construct a Gantt chart and mark the latest start times for each activity.