Lab 2- ERP system. Save your project with your Last Name_First Name ID# Lab2 A. Irving Company is a small conglomerate specializing in health-related businesses, from wholesale planning to in-home health care and medical supplies. The company wants to replace its old legacy systems with an ERP system. Project details are shown below. Assume the Project start date is 03/05/2020 No. Task Duration (days) Predecessors 1. Define the business case 60 2. Specify requirements 10 1 3. Select an installer/system integrator 10 2 4. Select an ERP vendor 10 3 5. Install the system 6. Install phase 1 10 4 7. Install phase 2 10 6 8. Install phase 3 12 7 9. Perform parameterization 10. Parameterize phase 1 22 8 11. Parameterize phase 2 15 10 12. Parameterize phase 3 14 11 13. Perform testing 14. Test phase 1 of the system 20 12 15. Test phase 2 of the system 20 14 16. Test phase 3 of the system 30 15 17. Conduct overall testing 5 15, 16 18. Conduct acceptance test 2 17 19. Perform training 20. Train for phase 1 cut-over 10 18 21. Train for phase 2 cut-over 10 20 22. Train for phase 3 cut-over 12 21 23. Perform cut-over 24. Perform phase 1 cut-over 2 22 25. Perform phase 2 cut-over 3 24 26. Perform phase 3 cut-over 4 25 Closeout 27. Assess performance in relation to specs 28. 2 24, 25, 26 2 27 B. Assume one distinct person is assigned to each of the three phases. The person assigned to phase 1 cost $75/hr. While the person assigned to phase 2 cost $95/hr. and phase 3 costs $80/hr. Assume all other work is performed by the project manager at $150/hr. 1| Page Complete the following activities with supporting documents where necessary 1. What is the expected duration of the project? 2. What is the total budget required to complete the project? 3. State which activities are on the critical path. 4. Identify and state which activities have free slack/float 5. State the Cost Per Assigned Resource (3 marks) (3 marks) (6 marks) (6 marks) (6 marks) 6. Describe three (3) ways in which the project may be completed sooner, without adding resources. (6 marks) 7. In crashing a project, we routinely focus on those activities that lie on the critical path, not activities with slack time. Explain why this is the case. Support your response with supporting evidence. (4 marks) 8. What are the advantages and disadvantages of reducing project scope to accelerate a project? What can be done to reduce the disadvantages? (6 marks) (Total 40 marks) Submission Criteria The assignment must be word-processed with the appropriate cover page, properly titled, and formatted: NB. Font type: Font size: Times New Roman 12 Line Spacing: 1.5 Margins: top and bottom 1 inch, right and left size 1 inch 1. All labs must be uploaded on the LMS platform (Moodle) along with the word document on the stipulated due date. 2. All requirements for APA are to be upheld and plagiarism will result in an automatic zero (0) and further disciplinary actions. 3. Use the assigned cover page for submission. 4. Five (5) marks will be deducted for each day late exclusive of weekends or part thereof. 2 | Page