Proj592Week 3 Quiz

Q1 a) Pexp = (Popt + 4*Pmost + Ppess)/6 = (6+4*8+8.5)/6 = $7.75/lb b) Pexp = (Popt + 4*Pmost + Ppess)/6 = (21+4*24+30)/6 = 24.5lb/100 units c) Expected survive = 7.75 * 24.5 = $189.88 Q3 a) follow budget = 1.85*(780+56) + 1.25*(142) + 1.10*(87+34+385) = 1546.6 + 177.5 + 556.6 = $2,280.70 b) 2281* 2.25 = $5132 No witness issuing not be authorize $5132 is greater than $4995 c) Need to wet up estimates for order of order of magnitude and budget items, and revise estimates in the beginning insure layabout proceed. Q4 The disgorge plan is actu all(prenominal)y burning(prenominal) because without a plan, it is impossible to cognise where we be going or to judge how we be doing at getting there on a protrusion. The primary part of the plan are the budget, the schedule, and the rack of details that fill these out. supply covers two important fundamentals of the experience namely utilisation breakdown structure (WBS) and toll estimates. The WBS is the basic turncock used in project planning, and project estimates are typically derived from the details found in the WBS. Estimates form the basis for shaping project budgets. Accurate estimates are essential if budgets are to be maintained during project execution.

Inaccuracies in estimates translate into cost variances during implementation, with resulting frustrations of project plan revisions, damage to project integrity, and possible early termination. Q5 Groundwater killing Project 1 Design 1.1 Evaluating several alternatives 1.2 Preparing conceptual design 1.3 Evaluating conceptual design 1.4 rig utmost design 2 Installation Preparation 2.1 pitch specification 2.2 Pre-qualify installation contractors 2.3 Review all bids 2.4 Execute contracts 2.4.1 Recovery wells 2.4.2 Piping 2.4.3 develop equipment 2.4.4 Start-up 3 Performance monitoring 3.1 Sampling...If you postulate to get a decent essay, order it on our website: Ordercustompaper.com

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