1. Draw a network diagram representing the project. Put the node numbers in circles and draw arrows from node to node, labelling each arrow with the activity letter and estimated time. 2. Identify all the paths on the network diagram and note how long they are. 3. What is the critical path for this project and how long is it? 4. What is the shortest possible time needed to complete this project?

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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DO THE FOLLOWING:
1. Draw a network diagram representing the project. Put the node numbers in circles and draw arrows
from node to node, labelling each arrow with the activity letter and estimated time.
2. Identify all the paths on the network diagram and note how long they are.
3. What is the critical path for this project and how long is it?
4. What is the shortest possible time needed to complete this project?

I.
CHAPTER 5-PROJECT TIME MANAGEMENT
Consider the given. All duration estimates or estimated times are in weeks and the network
proceeds from Node 1 to Node 8.
INITIAL NODE
ACTIVITY
A
B
с
D
E
F
G
H
I
J
K
L
1
1
1
2
2
3
4
4
5
5
6
7
FINAL NODE
2
3
4
3
5
4
5
6
6
8
7
8
ESTIMATE
DUARTION
10
12
8
4
8
6
4
8
6
12
8
10
Transcribed Image Text:I. CHAPTER 5-PROJECT TIME MANAGEMENT Consider the given. All duration estimates or estimated times are in weeks and the network proceeds from Node 1 to Node 8. INITIAL NODE ACTIVITY A B с D E F G H I J K L 1 1 1 2 2 3 4 4 5 5 6 7 FINAL NODE 2 3 4 3 5 4 5 6 6 8 7 8 ESTIMATE DUARTION 10 12 8 4 8 6 4 8 6 12 8 10
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