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1. Draw a project network given the following information. 2. Complete the forward and backward pass compute activity slack 3. Identify the critical path.

1. Draw a project network given the following information. 2. Complete the forward and backward pass compute activity slack 3. Identify the critical path.

Practical Management Science
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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You have signed a contract to build a garage for the Simpsons. You will receive a $500 bonus for completing the project within 17 working days. The contract also contains a penalty clause in which you will lose $100 for each day the project takes longer than 17 working days. 1. Draw a project network given the following information. 2. Complete the forward and backward pass compute activity slack 3. Identify the critical path. 4. Create a Gantt Chart for the project 5. Do you expect to receive a bonus or a penalty on this project? Garage Description Prepare Site Pour Foundation ID Predecessor None Time 2 3 Erect Frame Roof Windows B C 1 Doors Electrical 1 C 3 Rough-in Frame Door Opener Paint D.E.F,G F.G H.I 2 Cleanup ABCDEFGHI-K
Transcribed Image Text:You have signed a contract to build a garage for the Simpsons. You will receive a $500 bonus for completing the project within 17 working days. The contract also contains a penalty clause in which you will lose $100 for each day the project takes longer than 17 working days. 1. Draw a project network given the following information. 2. Complete the forward and backward pass compute activity slack 3. Identify the critical path. 4. Create a Gantt Chart for the project 5. Do you expect to receive a bonus or a penalty on this project? Garage Description Prepare Site Pour Foundation ID Predecessor None Time 2 3 Erect Frame Roof Windows B C 1 Doors Electrical 1 C 3 Rough-in Frame Door Opener Paint D.E.F,G F.G H.I 2 Cleanup ABCDEFGHI-K
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