Business Finance Homework Help

Question 1 – Read and reflect on the assigned readings for the week (chapter – 10 ) and summarize what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding in each assigned textbook chapter.

• Research online to find the difference between total slack and free slack.
  • Prepare proper reference citations for the sites you located, using APA style.
  • Write definitions of total slack and free slack in your own words.
  • Why would the distinction between different forms of slack be important to a project manager?

Question 2 Your team has been asked to test and document enhancements to a web application that allows buyers to purchase custom-printed canvas shoes. The tasks and dependencies are as follows:

• Create a testing plan.

Once the testing plan is ready, your team can:

• Test the user interfaces
• Test the database
• Test the network
• Write the documentation first draft

When the user interface tests are complete, you can:

• Perform user testing—enlist some users to test the user interface

When the database and network testing are complete, you can:

• Perform integration testing—network with the database

When the user testing of the user interface and the database testing are complete, you can:

• Perform integration testing—database, network, and user interface

When all integration testing and user testing are complete, you can:

• Perform system testing

Then you can:

• Review and revise documentation

After all other tasks are complete, you can:

• Obtain management approval

Duration estimates for the tasks:

a.	3 days
b.	10 days
c.	6 days
d.	7 days
e.	20 days
f.	5 days
g.	3 days
h.	2 days
i.	8 days
j.	4 days
k.	5 days

• Create a network diagram and a Gantt chart for the project tasks.
  • What is the planned duration for the testing project?
  • What is the critical path for the testing project?
  • For each task NOT on the critical path, calculate the amount of slack available.
  • If the user testing of the user interface takes 15 days, what will the impact be on the project duration?