You work as a project manager for BlueWell Inc. Your project requires the project team to
paint 1,500 hotel rooms. Your project team reports that it will take them approximately 4
hours to paint each hotel room. You reason, then, that it will take 6,000 hours to paint all of
the hotel rooms. What type of an estimate are you creating in this scenario?
John works as a project manager of the NHQ Project. He has created the project network
diagram as shown in the figure:
Based on the project network diagram, how much float is available for Activity H if Activity B
is delayed by four days and Activity E is delayed by two days?
Which of the following techniques is used in businesses to determine the effect different
costs or investments have on profit and other financial indicators?
Sam is the project manager for his organization. His project is not doing well on project
schedule performance, and management wants him to predict how the project schedule
and cost will end. Management has asked Sam to report and forecast his project's
performance based on the Delphi Method, scenario building, technology forecasting, and to
forecast by analogy. What forecasting method is management asking Sam to use?