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mamaluj [8]
1 year ago
10

Describe how crashing and fast tracking can be used to compress a project schedule. What limitations could there be with each of

these methods?
Business
1 answer:
frutty [35]1 year ago
6 0

Techniques for compressing the schedule include Crashing and Fast Tracking. You use them to shorten your timetable and to meet a specific scheduling objective. Fast-tracking entails carrying out two tasks concurrently, even though they wouldn't typically be.

How does fast-tracking differ from crashing to compressing a project schedule?

In conclusion, the distinctions between crashing and fast tracking are as follows: Fast-tracking entails running tasks simultaneously, whereas crashing entails adding resources to a project. The increased danger is associated with quick tracking, but the increased expense is associated with crashes.

What limitations could there be with each of crashing and fast-tracking?

Fast-tracking is free but increases the risk associated with your project. Adding more resources to your project is referred to as "crashing." Having a crash costs more money. To compress your calendar the most while spending the least amount of money, you should crash such activities. method:

Learn more about crashing and fast-tracking methods: brainly.com/question/14478482

#SPJ4

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What's the difference between life insurance and business insurance
Pavlova-9 [17]

Answer:

response

Explanation:

Health insurance protects you and your health. pays hospitals and whatnot. Business insurance protects your business and assets under it.

8 0
3 years ago
Liberty Insurance Company processes applications forms. The average output in a week is 600 claims. Currently the staff includes
GarryVolchara [31]

Answer:

Output = 600 claims

Input = (18*6*40) + 1200 = $5520

Cost per application = $9.2 is the cost per claim

Productivity ratio = 600 / 5520 = 0.1086

Explanation:

The productivity of the application process = total weekly cost incurred / weekly application output

Here we have average output of 600 application per week

And cost we have,

Total cost = weekly staff cost + weekly cost on computer technology

Weekly staff cost = 40 hours * 6 staff * $18 per hour rate = $ 4,320

Weekly cost on computer technology = $ 1200

Total cost = $4320 + $ 1200 = $5,520

Now productivity = $ 5,520 / 600 application = $ 9.2

Or we can say that it takes $ 9.2 to process one application

(b) Here we have average output of 650 application per week

And cost we have,

Total cost = weekly staff cost + weekly cost on computer technology

Weekly staff cost = 40 hours * 5 staff * $18 per hour rate = $ 3,600 ( assumed that one staff is reduced as one application evaluator is retiring and not replaced)

weekly cost on computer technology = $ 1800

Total cost = $3,600 + $ 1800 = $5,400

Now productivity = $ 5,400 / 650 application = $ 8.31

Or we can say that it takes $ 8.31 to process one application

Percentage change in productivity ={ ($8.31 – $ 9.2 )/ $ 8.31 } * 100 = - 10.71%

Means that the cost has reduced by 10.71 % by the new process

4 0
3 years ago
How may the following products be brought as convenience goods, especially
zhenek [66]

Answer:

Classification is the process of dividing the members of a population into smaller groups, so that in each group, members with similar characteristics are placed. The post-classification process continues at the macro level, and each subgroup is subdivided into smaller subdivisions, which can also be subdivided into smaller subdivisions. If necessary, each category is divided into sections. Each of these steps is called a division level , i hope it i can not help you

4 0
2 years ago
What function of management uses the ability to look at how a plan has been implemented and
Ivan

Answer:

Controlling

Explanation:

Controlling is among the major functions of management.  As a management function, controlling means taking measures to ensure subordinates are working according to plan. It is verifying that all activities are in line with the given instructions and guidelines. Controlling ensures the business is on the right path to achieving its objectives.

Management has to control how the organization’s resources are used. They have to ensure effective & efficient use of resources to achieve predetermined goals.

5 0
2 years ago
What are two signifcant reasons why a particular objective or target my not ba attained as planned?
Delvig [45]

There are many reasons why a target is not achieved as they are planned:

  • Flexibility is hindered by plans.
  • Ideas are stifled by plans.
  • Planning averts action.

<h3>What is Planning?</h3>

Idea organization into doable actions is the process of planning. Strategic planning, tactical planning, operational planning, and contingency planning are the four main subcategories of planning. An organization's aims and objectives are determined through the process of strategic planning.

Thus, An organization's aims and objectives are determined through the process of strategic planning. But sometimes planning creates an obstacle while achieving the target because planning averts the action, and planning makes the process rigid.

Learn more about Planning here:

brainly.com/question/13010835

#SPJ1

5 0
1 year ago
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