Project Management for Batman Movie

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Added on  2023/04/21

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AI Summary
This presentation provides an overview of the project management process for the Batman movie. It covers estimation, AON diagram, critical path, crashing, and the required time and cost for completing the project.

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Project management

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Introduction
The project mainly focuses on the Batman movie
It is found that the customers of a automobile plant has got the rights to produce
modified Batmobile version
The Batmobile will be sold to the niche buyers.
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Estimation for the project
Activity Description Estimated
completion time
(weeks)
Immediate
Predecessors
A
B
C
D
E
F
G
H
Design/Test product
Hire workers
Train workers
Order/receive materials
Reconfigure machinery/setup
Advertise product
Production
Pay purchase orders
6
3
3
2
7
8
8
3
-
A
B
A
D
B,D
C,E
D
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AON diagram
The AON diagram that will be created must include
information about the following:
Early start,
Late start,
Early finish,
Late finish,
Duration and
Name of the activity.

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AON diagram for the project
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AON Diagram showing the Early start and Early
finish
Activity Duration Predecessor Early start Early
finish
A 6 -- 0 6
B 3 A 6 9
C 3 B 9 12
D 2 A 6 8
E 7 D 8 15
F 8 B, D 9 17
G 8 C, E 15 23
H 3 D 8 11
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AON Diagram showing the Late start and Late
finish
Activity Duration Predecessor Late
start
Late
finish
A 6 -- 0 6
B 3 A 9 12
C 3 B 12 15
D 2 A 6 8
E 7 D 8 15
F 8 B, D 4 12
G 8 C, E 15 23
H 3 D 5 8

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Critical path
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Crashing
Activity Normal Time
(weeks)
Normal Cost Crash time
(weeks)
Crash Cost Dt Dc Dc/Dt
A 6 $1,200,000 4 $2,200,000 2 $1,000,000 500,000
B 3 $400,000 2 $500,000 1 $100,000 100,000
C 3 $500,000 3 $500,000 0 $0 0
D 2 $1,000,000 1 $1,200,000 1 $200,000 200,000
E 7 $1,000,000 5 $1,900,000 2 $900,000 450,000
F 8 $2,000,000 5 $3,200,000 3 $1,200,000 40,000
G 8 $1,200,000 4 $2,600,000 4 $1,400,000 35,000
H 3 $100,000 2 $200,000 1 $100,000 100,000
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Crashing Contd.
After calculating Dc, Dt and Dc/Dt, critical path
of project is mainly identified
A>D>E>G =6+2+7+8=23
A>B>C>G=6+3+3+8=20
As, A>D>E>G is the critical path

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Activities that will be crashed
As, A>D>E>G is the critical path, the activities that will be crashed are generally
highlighted in red in the table that is generally provided below:
Activity Normal Time
(weeks)
Normal Cost Crash time
(weeks)
Crash Cost Dt Dc Dc/Dt
A 6 $1,200,000 4 $2,200,000 2 $1,000,000 500,000
B 3 $400,000 2 $500,000 1 $100,000 100,000
C 3 $500,000 3 $500,000 0 $0 0
D 2 $1,000,000 1 $1,200,000 1 $200,000 200,000
E 7 $1,000,000 5 $1,900,000 2 $900,000 450,000
F 8 $2,000,000 5 $3,200,000 3 $1,200,000 40,000
G 8 $1,200,000 6 $2,600,000 2 $1,400,000 130,000
H 3 $100,000 2 $200,000 1 $100,000 100,000
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Required Time for project
As per the critical path, the required time= 6+2+7+8= 23wks
Management wants to bring the product 7 wks. earlier than scheduled
Therefore, the required time
= (23-7) wks.
= 16 wks.
It is identified that the entire project will be completed within 16weeks that is 7 weeks earlier as
per the schedule.
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Required cost for completing project
The addition cost that is needed for finishing the entire project successfully will be
= 500,000+ 200,000+ 450,000+ 130,000
=$1,163,000
Thus, it is analyzed that $1,163,000 is required in order to complete the project
successfully before seven weeks.

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Change in critical path
It is found that the critical path of the project does not change and it remains the same.
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Bibliography
Badewi, A., 2016. The impact of project management (PM) and benefits
management (BM) practices on project success: Towards developing a project
benefits governance framework. International Journal of Project
Management, 34(4), pp.761-778.
Conforto, E.C., Salum, F., Amaral, D.C., da Silva, S.L. and de Almeida, L.F.M.,
2014. Can agile project management be adopted by industries other than software
development?. Project Management Journal, 45(3), pp.21-34.
De Carvalho, M.M., Patah, L.A. and de Souza Bido, D., 2015. Project
management and its effects on project success: Cross-country and cross-industry
comparisons. International Journal of Project Management, 33(7), pp.1509-1522.
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