Chapter9,10 - Christopher Neff ENSC 481 Chapter 9,10...

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Initial Project Duration: 15, 14, 13, 12, 11 C 4x F 2 1x A 5 4x Activities Changed: D - $10 A - $20 E,F,G - $60,100,30 I - $200 I 3 2x G 5 4x D 2 1x H 2x E 5 4 B 3 direct cost: $730, 740, 760, 950, 1150 Christopher Neff ENSC 481 Chapter 9,10 3. Why is scheduling overtime a popular choice for getting projects back on schedule? What are the potential problems for relying on this option? (p.285) Scheduling overtime is a popular choice for managers because it avoids the additional costs of coordination and communication encountered when new hires are added. Fewer distractions are observed typically when people work outside their normal business hours. Salaried folks are typically exempt to overtime and will cost nothing additional but will grumble about. Adding 10 hours additional time to the work week can quicken the rate of production by 25 percent but can also have an adverse affect as well. First, the cost of overtime can add up quickly therefore it must be justified. Working extended periods of overtime can lead to increased domestic problems, burnout, and employee turnover. Secondly, everybody has a physical and mental limit, and just because there are a lot of extra hours being put in doesn’t mean that productivity is necessarily going to hold fast or improve. 4. Identify four indirect costs you might find on a moderately complex project. Why are these costs classified as indirect? (p. 289) The four indirect costs that might be found on a moderately complex project are supervision, administration, consultants, and interest. These costs cannot be associated with any particular work package or activity which is why their called indirect costs. 3. Given the data and information that follow, compute the total direct cost for each project
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Chapter9,10 - Christopher Neff ENSC 481 Chapter 9,10...

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