OPRE 6362
Project Time Management
Shawn Alborz, PhD
1
Develop Project Schedule
Activity a distinct, scheduled portion of work performed during the course of a
project. PMBOK Guide
Activity is a man
OPRE 6362
Budgeting Projects
Shawn Alborz, PhD
Project Management, Alborz
1
Cost Estimating and Its Management
Cost estimating the process of developing an approximation of
the cost of the resourc
OPRE 6362
EVM Sample Questions
Shawn Alborz, PhD
Project Management, Alborz
1
Question 1
You are managing a project with a PV of $40,000, and EV of $30,000 and AC of $50,000. What is the CV
for the
11/6/17
Earned Value Management (EVM)
OPRE 6362
EVM is a project management technique for measuring
project performance and progress
EVM
14 EVM, PV, AC, EV and BAC
v
v
v
Shawn Alborz, PhD
v
v
v
Int
WALMARTS ACQUISITION OF JET  A CASE STUDY
Rohan Shah, Saneet Date, Shravan Umesh Kulkarni, Sachin Chindak and Srihari Suryanarayanan
Department of Supply Chain Management, The University of Texas at
Case 91: Penner Medical Products
Name: Shravan, Sachin, Saneet, Rohan, Srihari
Group: 10
Date: 10/28/16
Situation:
Jim Elsey Cost management specialist at Deere & Company
Glen Lowery Sales Manager in
Case 131: APC Europe
Group: 10
Name: Rohan, Saneet, Shravan, Sachin & Srihari
Situation
Maggie Agnelli the packaging purchasing manager for APCs European division
Branco a custom packaging supplier;
Case 51: B&L Inc.
Name: Shravan, Sachin, Saneet, Rohan, Srihari
Group: 10
Date: 09/30/16
Situation:
Brian Wilson Materials manager at B&L Inc.
B&L Inc.
o Manufactured trailers for highway trucks. Al
Logarithmic
Functions
Dr. Avanti Sethi
University of Texas at Dallas
Objective
Why do we need Logs?
What are Logs?
Working with Log functions
Basic Properties
Natural Log
Stock Price
Jan 9th 2014
Solving Linear
Equations
Thanks to Ms Shawna Haider for some of the slides used here
Systems of Linear Equations
Two equations with two variables
2 x 3 y 1
4x y 3
With two equations and two variables,
Solution technique
To find a solution, well use the method of elimination. This is the preferred
method.
The idea is to multiply one or both equations by a constant (or
constants) so that when we add
2 x 3 y 1
4x y 3
So our solution is
4 5
,
7 7
This means that the two lines intersect at this point.
Let's look at the graph.
y
We can check this by subbing in
these values for x and y. They
should
So, what is this Log thing?
Exponential form
What Power of 4 will give me 16?
What Power of 3 will give me 81?
What Power of 10 will give me 1,000?
So, what is Log5 125?
2
4
3
Logarithmic form
42 = 16
Managerial Methods in Decision Making Under Uncertainty
OPRE 3360

Spring 2018
I
Multiple choice
There is no partial credit available for these questions, so you are NOT required to show any work.
Select only one answer from the options provided for each question, and indicate y
Managerial Methods in Decision Making Under Uncertainty
OPRE 3360

Spring 2018
Review for Test 1
Outline
1. Scale of Measurement
2. Basic Laws of Probability
3. Mean, Variance, Standard Deviation
4. Linear Functions of Random Variable
5. Binomial Distribution
6. Normal Distribut
Managerial Methods in Decision Making Under Uncertainty
OPRE 3360

Spring 2018
OPRE.3360
Review of Quantitative and Excel skills1
In this class, we will often make use of some basic mathematical notation and algebraic manipulation.
We will also extensively use Microsoft Excel. T
Managerial Methods in Decision Making Under Uncertainty
OPRE 3360

Spring 2018
235(
6HWWLQJXS([FHOV'DWD$QDO\VLV7RRO3DFNDJH
In this course, we will use the 'DWD$QDO\VLV7RROSDN, which is a widely used Excel
addin for statistical analysis. To activate this feature software, follow
Problem 1)
Problem
1
2
3
4
5
6
7
8
Value
12
12
12
12
13
13
13
13
Earned
Total
100
0
The following data was collected based on a random sample 1000 tourists
visiting a small souvenir shop in the Bahama
1)
Problem
1
2
3
4
5
6
7
8
Value
12
12
12
12
12
12
13
15
Earned
12
12
12
12
12
12
13
15
Total
100
100
In new housing developments, it is sometimes difficult to get
utilities (water, electricity, natur
Problem 1)
Problem
1
2
3
4
5
6
7
8
Value
12
12
12
12
13
13
13
13
Earned
Total
100
0
The following (fictitious) data was collected based on a random sample of SUV accidents:
Auto Manufacturer
Fjord
Bro
Problem 1)
Problem
1
2
3
4
5
6
7
8
Value
12
12
12
12
13
13
13
13
Earned
12
12
12
10
13
13
13
13
Total
100
98
The following (fictitious) data was collected based on a random sample of SUV accidents:
Au
Problem 1)
Problem
1
2
3
4
5
6
7
8
Value
12
12
12
12
13
13
13
13
Earned
Total
100
0
Fifteen percent of the employees in a company have managerial positions and 25 percent of the employ
in the company
Problem 1)
Problem
1
2
3
4
5
6
7
8
Value
12
12
12
12
13
13
13
13
Earned
12
12
12
9
13
13
9
13
Total
100
93
The following (fictitious) data was collected based on a random sample of SUV accidents:
Auto
1)
Problem
1
2
3
4
5
6
7
8
Value
12
12
12
12
12
12
13
15
Earned
12
12
12
12
12
12
13
15
Total
100
100
In new housing developments, it is sometimes difficult to get
utilities (water, electricity, natur