1) Construct a PERT network.
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- Management Firm is a consulting company that specializes in the development of decision support systems. Time (Weeks) Activity Description ImmediatePredecessor Optimistic Most Probable Pessimistic A Report generation 2 8 12 B Web scraping 4 9 11 C Testing A, B 1 1 1 (A) Based solely on the critical path, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.) (b) Using all paths through the project network, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.)2:30 PM ě 0.3KB/s 1ll 54 4G+ 00:15:12 Remaining Multiple Choice The primary difference between PERT and CPM is that CPM uses probabilities on the activity times and PERT does not. O. PERT considers activity costs and CPM does not. PERT can assign probabilities to activity times and CPM does not. CPM considers activity costs and PERT does not. 5 of 20 IIFind the activity duration (t), latest start (LS) and latest finish (LF) times for activity A. t=? 5 LS=? A 2 16 LF=? O t=11 weeks, LS-5 weeks, LF-16 weeks O t=21 weeks, LS-7 weeks, LF-18 weeks O t=11 weeks, LS=7 weeks, LF=18 weeks O t=11 weeks, LS=18 weeks, LF=7 weeks O t=11 weeks, LS-3 weeks, LF-14 weeks
- Management Firm is a consulting company that specializes in the development of decision support systems. Time (Weeks) Activity Description ImmediatePredecessor Optimistic Most Probable Pessimistic A Report generation 2 8 12 B Web scraping 4 9 11 C Testing A, B 1 1 1 (b) Using all paths through the project network, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.)1.The chief engineer of firm XYZ is responsible for supervising the construction work of a road. He has identified the activities and their durations for each stage of operation. Activity Duration (days) Preceding activities A 5 - B 10 - C 1 - D 8 B E 10 B F 9 B G 3 A,D H 7 A,D I 4 F J 3 F K 5 C,J L 8 H,E,I,K M 4 CJ Draw a network diagram (AOA) for this road construction project. Which are the critical activities? How long the project will take?Please help with correct answers in details: Step by step The product development group at Landon Corporation has been working on a new computer software product that has the potential to capture a large market share. Through outside sources, Landon's management learned that a competitor is working to introduce a similar product. As a result, Landon's top management increased its pressure on the product development group. The group's leader turned to PERT/CPM as an aid to scheduling the activities remaining before the new product can be brought to the market. The activity time estimates (in weeks) are listed in the following table. Activity Optimistic Most Probable Pessimistic A 3 4 5 B 3 3.5 7 C 4 5 6 D 2 3 4 E 5 8 11 F 8.5 9.5 13.5 G 4.5 6 7.5 H 6 7 14 I 2 2.5 6 J 4 5 6 a) Develop an activity schedule for this project and identify the critical path activities. (Enter your answers as a comma-separated list.) b) Based solely on the critical path, what is…
- A project consists of five activities as shown in the following table. Activity Floor sanding Floor buffing Paint mixing Wall painting Ceiling painting Optimistic Time (hr) Most Probable Time (hr) 4 4 0.5 2 3 5 5 Сл 1 3 7.5 Pessimistic Time (hr) 6 6 1.5 10 9 Naturally, the paint mixing precedes the painting activities. Also, both ceiling painting and floor sanding must be done prior to floor buffing. (a) Construct the PERT/CPM network for this problem.Project Managers must demonstrate (4) activities: Project planning: ◦Project scheduling:◦Project monitoring:Project reporting: Please pick one activity, define it in your words and give a specific example how you would demonstrate and achieve that activity.2. Critical Path Method & Expected Time E-Why & Co., one of the leading accounting firms, is planning for a certain audit engagement based on the following PERT network (time in days): A START L 2-4-6 5-8-11 9-12-15 U 15-20-25 I 6-8-16 6-12-18 S REQUIRED: A) Determine the expected time (te) for each activity. B) Identify the critical path(s). C) What is the shortest time in days to complete the entire project? 8-10-12 FINISH T
- Mini Case Study Martha has been assigned a team of 10 people to help her plan a major customer appreciationevent. They have been working together for over a month now and they just haven’t really cometogether as a team. She was sure she started off well. She contacted each individual on the teamand let them know their responsibilities on the project. Each of the members gets the taskscompleted, but don’t seem concerned with the others on the team. If someone needs help, no onepitches in to assist. If a team member has a problem, no one helps him to solve that problem. Justyesterday one of the team members had an emergency and asked if someone on the team couldhave a call with the sales team so she could leave early. No one offered to help so Martha jumped in to assist. Martha had to do something. This was a bad experience for everyone frankly and somefolks already were talking about getting off the project. Plus she felt the event won’t be as good asit could if they just came together…Mini Case Study Martha has been assigned a team of 10 people to help her plan a major customer appreciationevent. They have been working together for over a month now and they just haven’t really cometogether as a team. She was sure she started off well. She contacted each individual on the teamand let them know their responsibilities on the project. Each of the members gets the taskscompleted, but don’t seem concerned with the others on the team. If someone needs help, no onepitches in to assist. If a team member has a problem, no one helps him to solve that problem. Justyesterday one of the team members had an emergency and asked if someone on the team couldhave a call with the sales team so she could leave early. No one offered to help so Martha jumped in to assist. Martha had to do something. This was a bad experience for everyone frankly and somefolks already were talking about getting off the project. Plus she felt the event won’t be as good asit could if they just came together…scenarios of a project activities (tables given below) and their required times to be completed in addition to their predecessors for developing a Website' : Activity Description Duration (days) Preceding Activities A Determine user needs 8 Review s/w and languages Purchase software 10 Design format and style 10 E Write programs A F Review outcome product with user 12 G Make revisions 4 C H Select server site E I Install on server 14 D, F Test G, H, I 3. Highlight the total time to complete the project (days) 4. Calculate the late finishing time (backwards calculations)