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PRTI is a software development company that operates from Jayuya: it’s considered a 3PL company. The primary business’ focus is on the development of ERP systems for PYMES. The company has a thorough knowledge of all aspects of the software development project, as shown below.

Activity

Immediate Predecessor

Normal Time (weeks)

Crash Time (weeks)

Normal Cost

Crash Cost

Scope (S)

None

3

2

$2,000

$5,000

Analysis/Software Requirements (ASR)

S

9

7

$14,000

$36,000

Design (DE)

S

5

3

$7,500

$15,000

Development (DP)

ASR & DE

5

4

$7,000

$10,000

Testing (T)

DP

3

1

$5,000

$9,000

Training (TR)

T

8

5

$6,000

$12,000

Documentation (D)

T

6

3

$9,000

$12,000

Pilot (P)

D, TR

8

5

$7,000

$10,000

Deployment (DM)

P

10

$12,000

Post Implementation Review (PIR)

DM

6

4

$3,000

The indirect costs for the project are determined on a weekly [duration] basis. The first 30 weeks have indirect costs of $3,000/week, and all subsequent weeks $1,750/week.

  1. a) What should be the minimum price for a standard software development project?
  2. b) ExaminePRTI’sdecisiontoproposeapotentialclientaservice(i.e.,asoftware development project) for $290,000, completed in 44 weeks.
  3. c) Based on the following information, what is the probability that a standard software development project could be completed between 54 and 44 weeks?

Activity

Immediate Predecessor

Normal Time (weeks)

Optim.

Most Likely

Pessim.

Scope (S)

None

2

3

4

Analysis/Software Requirements (ASR)

S

6

9

12

Design (DE)

S

3

5

6

Development (DP)

ASR & DE

5

5

5

Testing (T)

DP

2

3

4

Training (TR)

T

7

8

12

Documentation (D)

T & TR

4

6

8

Pilot (P)

D

6

8

11

Deployment (DM)

P

7

10

12

Post Implementation Review (PIR)

DM

3

6

10

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