1.4 In-Class Activity

7 5 12 D 7 0 12 12 4 16 G 12 0 16 16 5 1 6 E 16 11 6 12 5 2 7 F 14 9 16 Part 3 - Answer Question Below: Critical Path YES No No Which of the three paths is the critical path and why The critical path is path#1 because it has the highest because it has the same float (zero) in all of its activ g as a calculation.

words, it calculates LS (late start) and LF (late finish). Begin with the FInish and work towards the start

5 12 D 0 12 12 4 16 G 12 0 16 16 3 19 1 6 H E 16 0 19 6 12 2 7 F 9 16 Part 3 - Answer Question Below: Which of the three paths is the critical path and why? The critical path is path#1 because it has the highest duration andf als because it has the same float (zero) in all of its activites . tion.

Lab#3b - Risk Impact Matrix (RIM) DIRECTIONS: Complete all 4 parts below as noted. High Probability of Occurrence High A Medium B, D, F Low

RIM: Risk Impact Matrix PROJECT IMPACT Medium Low G C E

FMEA Detection FMEA SCORE 3 27 2 12 3 6 2 12 1 1 1 6 2 12

In this case, we would spend mone (which represents a may or may mo would look at the blue risk factors i cannot truly be mitigated.

RIM: Risk Impact Matrix PROJECT IMPACT Medium Low G C E

Risk Factor Table Probability of Occurrence Impact 3 3 2 3 1 2 2 3 1 1 2 3 3 2 Probability & Impact DETECTION Ratings 3 is HIGH 3 = High Difficulty Detecting (score of 6) 2 is MEDIUM 2 - Medium Difficulty Detecting (score of 12) 1 is LOW 1 - Easy Difficulty Detecting (Score of 1 or 9) Red = Critical Blue = Important Green = Benign ove per the following: May or May Not Mitigate Do Not Mitigate Necessary Mitigation u spend money to mitigate? pes will you spend money to ey to mitigate the factors in blue

ey to mitigate the factors in blue otogate status). The reason we is because the risk factors in red

FMEA Detection FMEA SCORE 3 27 2 12 3 6 2 12 1 1 1 6 2 12 Calculate the FMEA score above in the table (starting in cell H24 - H30) Remember that the formula is: Probability * Impact * Detection

Lab #3c - Range Estimations Directions: Pleas Bottom Up - Range Estimating Table WBS ID Description DAYS Low Average High Range 100 Get Approval 2 3.0 4 2 101 Design Layout of Booth 5 7.5 10 5 102 Identify Customers 3 5.0 7 4 103 KIOSK Contract 7 10.5 14 7 104 Construct KIOSK 0.5 0.8 1 0.5 105 Design Brochures 8 12.0 16 8 106 Trade Journal Ads 5 6.5 8 3 107 Set up booth 0.5 0.8 1 0.5 108 Set up Visuals 0.75 0.9 1 0.25 109 Lay out brochures/hand outs 0.1 0.3 0.5 0.4 110 Set up Lighting 0.75 0.9 1 0.25 TOTALS 32.6 48.05 63.5 30.9

se complete all columns in yellow using formulas. Be sure to answer the question as well. Risk Level Final Duration Risk Limits 4 3.0 4 Highest Risk Maximu 2 5 3 Moderate to High Risk 3 5.0 2 Moderate Risk Ran 2 7 1 Low Risk Lo 4 0.8 2 8 2 3 2 0.5 3 0.9 1 0.1 4 0.9 34.10 What is the total duration for this project? The total duration is: 41.10 days.

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Lab #3c - Range Estimations for Duration Directions: Pleas Bottom Up - Range Estimating Table WBS ID Description DAYS Low Average High Range 100 Get Approval 2 3.0 4 2 101 Design Layout of Booth 5 7.5 10 5 102 Identify Customers 3 5.0 7 4 103 KIOSK Contract 7 10.5 14 7 104 Construct KIOSK 0.5 0.8 1 0.5 105 Design Brochures 8 12.0 16 8 106 Trade Journal Ads 5 6.5 8 3 107 Set up booth 0.5 0.8 1 0.5 108 Set up Visuals 0.75 0.9 1 0.25 109 Lay out brochures/hand outs 0.1 0.3 0.5 0.4 110 Set up Lighting 0.75 0.9 1 0.25 TOTALS 32.6 48.05 63.5 30.9

se complete all columns in yellow using formulas. Be sure to answer the question as well. Risk Level Final Duration Risk Limits 4 3.0 4 Highest Risk Maximu 2 5 3 Moderate to High Risk 3 5.0 2 Moderate Risk Ran 2 7 1 Low Risk Lo 4 0.8 2 8 2 3 2 0.5 3 0.9 1 0.1 4 0.9 34.10 What is the total duration for this project? The total duration is: 41.10 days.

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