2. The time estimates (in weeks) for the activities of a PERT network are givenbelow.(i)(ii)1-2 1-3 1-4 2-5 3-5 4-6 5-618 9 108167Activityto24 16 3tm7920 142tp92011 1128 184Draw the project network and calculate the project length.Calculate the standard deviation and variance along the critical path.(iii) Find the probability of completing the project one day earlier and 2 dayslater.

The critical path analysis involves a comprehensive examination of task durations, dependencies, and…

Answered: Lp (i) Draw the project network and…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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8 EARNED VALUE ANALYSIS The following project is reported to be at the end of its 8 week. Find the cost and schedule variances. Also find the CPI, SPI, CSI, ETC and EAC for the project. Find the condition of the project at the this reporting period. PV AC Budget ($) Duration Actual Cost % D-8 Activity Predecessor (s) (week) ($) Complete 300 400 A 3 100 A3 В 4 200 180 100 B:4 C 7 250 300 90 A 8 600 400 50 400 200 В 40 150 180 F В 4 100 G C 4 100 200 40 500 H D, E 2 300 F, G 3 J H, I 1 100 ㅇ CO 프 (-)
The activities involved in a project are listed in the following table. Construct the project network and use CPMto find the critical path Ac tivity Content Predece ssor(s) Duration (days) A Initial research B Studysite selection Prepare research plan Contact the surveysite Training staff Prepare the form Field re search Write the re search report Meeting Summary A 2 A 4 B 2 E B, C 3 F C 1 G D, E, F G 5 2 I H 3
The detail of the direct cost for project XYZ are given in Table 1. Table 1 Details for Project XYZ Normal Direct Cost 100 150 Activity Predecessor Maximum Slope Time (day) crash time A 100 50 A 3 A 4 200 1 200 200 D B 3 1 60 E C 4 2 D.E 70 90 F 3 150 1 The indirect cost is listed in Table 2. i. If the project needs to be crashed from its initial time, T1 to T5, list the step-by-step changes in activity and the direct cost to crash the project in Table 2,. ii. Identify the project's lowest cost possible within T1-T5 duration Table 2 Project Duration Activity crashed Step Total Direct Indirect Total Cost Cost Cost 1 Initial time T1 900 New time T2 800 New time T3 600 4 New time T4 550 New time T5 500
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Given is a Project with network diagram and activity times as shown below. Activity Time (wks) A 13 B 5 Start с 14 A c) The Slack time of Activity C = Blank 3 weeks D D a) The Earliest Start (ES) time of Activity I = Blank 1 weeks 9 b) The Latest Start (LS) time of Activity B = Blank 2 weeks f) The Project Completion time = Blank 6 weeks d) The Earliest Finish (EF) time of Activity H = Blank 4 weeks e) The Latest Finish (LF) time of Activity B = Blank 5 weeks B F E 12 E F LL 17 H G 9 J H 15 - 15 J 2
The activities necessary for the completion of this project are listed in the following table: Normal Crash Time Time Normal Crash Immediate Predecessor(S) Activity (Weeks) (Weeks) Cost Cost 6 3 $2,100 $2,700 -- 1 1,900 2,400 -- 3 400 800 6 1,950 2,500 с 3 1,100 1,200 A, B 1 3,100 4,000 D, E a. What is the project completion date? [Select] weeks b. What is the total cost required for completing this project on normal time? [Select] c. If you wish to reduce the time required to complete this project by 2 weeks, which activity(s) should be crashed? [Select] V and how much will this increase the total cost by? $ [Select] d. If you required an additional week reduction, what activity would you crash? [Select] and how much is the total 3 week cost of " crashing? $ [Select] ABCDEF 2003 12 4 8 4
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Lp (i) Draw the project network and calculate the project length. (ii) Calculate the standard deviation and variance along the critical path. (iii) Find the probability of completing the project one day earlier and 2 days later.