Analyze whether there are any potential changes that could impact overall project schedule and project finishing time.

Mike was hired as a project manager to install hardwood floors for the company Awesome Floor and Tile. They will be installing new flooring into a local office building. Mike comes up with the list of work and estimates the time. A list of activities and their optimistic completion time, the most likely completion time, and the pessimistic completion time (all in days) are estimated in a given table. Following are the activities that are required to install the hardwood floor in the offices:

· Activity 1: Measure office room dimensions

· Activity 2: Estimate cost

· Activity 3: Material requisition

· Activity 4: Workforce requisition

· Activity 5: Special tool requisition

· Activity 6: Installation

· Activity 7: Inspection and customer acceptance

Activity 2 starts immediately after Activity 1. Activity 3, Activity 4, and Activity 5 start concurrently after Activity 2. Activity 6 does not start until after Activity 3, Activity 4, and Activity 5 are completed. The carpet installation project is complete after Activity 7 is completed. Your assignment is to write a report that addresses the following: If OT = Optimistic Time, MT = Most Likely Time, and PT = Pessimistic Time, use a Program Evaluation Review Estimate (PERT) to compute the statistical time for each activity, as in the following table:

Activities OT MT PT
Activity 1 2 3 4
Activity 2 3 6 9
Activity 3 4 8 12
Activity 4 6 8 10
Activity 5 8 10 12
Activity 6 10 14 18
Activity 7 4 6 8

You must also do the following:

· Determine and explain the expected completion time and the variance for each activity.

· Determine and explain the total project completion time and the critical path for the project.

· Determine and explain Early Start (ES), Early Finish (EF), Late Start (LS), and slack for each activity.

· What is the probability that this project will be finished in 40 days or less? Explain.

· Define how to gather the project requirements.

· Analyze whether there are any potential changes that could impact overall project schedule and project finishing time.

· Explain the best methods for managing the change requests and what kind of process this project should involve.

· Analyze implications of changes in project scheduling.

· Explain the best methods for managing the change requests and what kind of process this project should involve.

· Evaluate applications of project management techniques in terms of the firm’s business operational goals and requirements.

Please submit your assignment in an APA-formatted paper, using the attached template .

Submitting your assignment in APA format means, at a minimum, you will need the following:

· Title page: Remember the running head. The title should be in all capitals.

· Body: The body of your paper begins on the page following the title page and abstract page and must be double-spaced (be careful not to triple- or quadruple-space between paragraphs). The type face should be 12-pt. Times Roman or 12-pt. Courier in regular black type. Do not use color, bold type, or italics except as required for APA-level headings and references. The deliverable length of the body of your paper for this assignment is 2–3 pages. In-body academic citations to support your decisions and analysis are required. A variety of academic sources is encouraged.

· Reference page: References that align with your in-body academic sources are listed on the final page of your paper. The references must be in APA format using appropriate spacing, hang indention, italics, and upper- and lowercase usage as appropriate for the type of resource used. Remember, the Reference Page is not a bibliography but a further listing of the abbreviated in-body citations used in the paper. Every referenced item must have a corresponding in-body citation.