a) Prepare a PERT network diagram to aid the coordination of the activities. Calculation of earliest and latest times for each activity is not required. Save the diagram as a pdf and attach it using the link below the answer box. b) Identify the critical path for completing the electrical job. c) Power Builders Inc. would like to finish the job one week earlier than indicated by the schedule, and as a result, they are considering several alternatives. One such alternative is to pay overtime labour to inspect the damage in four rather than five weeks. Should Power Builders arrange to inspect the damage in four weeks if the sole advantage of this schedule is to complete the job one week earlier? Justify your answer.
Critical Path Method
The critical path is the longest succession of tasks that has to be successfully completed to conclude a project entirely. The tasks involved in the sequence are called critical activities, as any task getting delayed will result in the whole project getting delayed. To determine the time duration of a project, the critical path has to be identified. The critical path method or CPM is used by project managers to evaluate the least amount of time required to finish each task with the least amount of delay.
Cost Analysis
The entire idea of cost of production or definition of production cost is applied corresponding or we can say that it is related to investment or money cost. Money cost or investment refers to any money expenditure which the firm or supplier or producer undertakes in purchasing or hiring factor of production or factor services.
Inventory Management
Inventory management is the process or system of handling all the goods that an organization owns. In simpler terms, inventory management deals with how a company orders, stores, and uses its goods.
Project Management
Project Management is all about management and optimum utilization of the resources in the best possible manner to develop the software as per the requirement of the client. Here the Project refers to the development of software to meet the end objective of the client by providing the required product or service within a specified Period of time and ensuring high quality. This can be done by managing all the available resources. In short, it can be defined as an application of knowledge, skills, tools, and techniques to meet the objective of the Project. It is the duty of a Project Manager to achieve the objective of the Project as per the specifications given by the client.
|
Activity |
Description of Activity |
Preceding Activity |
Estimated Time Required (in weeks) |
|
A B C D E F G H I J K |
Planning Meeting Obtain Permit Inspect Damage Begin Repair Work Order Additional Materials Apply for Waiver Obtain Waiver Complete Electrical Work Build Interior Partitions Onsite Testing Meet With Client |
-- A B A D E C, F D H G, I J |
5 2 5 4 2 4 2 5 5 2 2 |
Use the time budget provided in the question to complete the following requirements.
REQUIRED:
a) Prepare a PERT network diagram to aid the coordination of the activities. Calculation of earliest and latest times for each activity is not required. Save the diagram as a pdf and attach it using the link below the answer box.
b) Identify the critical path for completing the electrical job.
c) Power Builders Inc. would like to finish the job one week earlier than indicated by the
Step by step
Solved in 3 steps with 1 images
