Three question
Q
1
.
Identify patients in the table below who could serve as matched controls for the highlighted cases. Blanks indicate that the patient did not experience a fall in the time period. Select controls based on the lowest random number. Match on age. Show your calculations.
Patient ID |
Received Intervention |
Age |
Months to Fall |
Random Number |
||||||||||||
Observation Period |
Follow-up Period |
|||||||||||||||
1 |
Yes |
6 4 |
|
3 |
0. 2 4 |
|||||||||||
2 |
No |
62 |
0.46 |
|||||||||||||
81 |
0.64 |
|||||||||||||||
4 |
74 |
0.88 |
||||||||||||||
5 |
78 |
0.07 |
||||||||||||||
6 |
63 |
0.19 |
Q
2.
Create a Gantt Chart for the following project, and show the Gantt Chart below. Set a start date of September 1,
20
18. Assume that work can be done 5 days per week, with no work done on Saturdays or Sundays. Identify the Critical Path. When will the project be completed?
Task Number |
Activity |
Immediate Precedence |
Task Duration (Days) |
|
1. |
Strategic Planning Phase |
none |
20 | |
2. |
Team Orientation |
28 |
||
3. |
Software Configuration |
60 |
||
4. |
Testing |
|||
5. |
Training |
10 |
||
6. |
Facility Modification |
45 |
Q3.
As a project manager, you have been asked to evaluate the feasibility of the following proposed acquisition:
Your organization is considering the purchase of an automated OB/GYN documentation system. Proposed costs are as follows:
Hardware
$ 250,000
Software
$ 400,000
Software maintenance
$ 65,000
Training
$ 35,000
Implementation
$ 75,000
Software maintenance will start after one year and will be incurred annually. All other costs are incurred in the first year.
Your analysis projects the following benefits to be expected annually:
Labor savings
$ 220,000
Equipment savings
$ 55,000
Reduced malpractice premiums
$ 20,000
Increase in OB business
$ 50,000
Construct a table showing the investment, and showing annual benefits for five years.
Use a discount rate of 5%.
Use an assumed inflation rate of 4%.
Show the Net Present Value and the Internal Rate of Return of the proposed investment every year for five years.
Are any of the benefits operational, or should some benefits be considered tactical or strategic benefits?
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