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Consider the following activities for a project. Answer the questions below. a. Assume the durations given are high confidence, create a network chart (don’t consider resources yet), and identify the critical path. What is the duration of the project? b. You aren’t quite ready to apply the critical chain project management yet, but you do want to eliminate multi-tasking. Eliminate any resource contention in your network. Identify the critical path now? What is the durati

Consider the following activities for a project. Answer the questions below. a. Assume the durations given are high confidence, create a network chart (don’t consider resources yet), and identify the critical path. What is the duration of the project? b. You aren’t quite ready to apply the critical chain project management yet, but you do want to eliminate multi-tasking. Eliminate any resource contention in your network. Identify the critical path now? What is the durati

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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Consider the following activities for a project. Answer the questions below.

a. Assume the durations given are high confidence, create a network chart (don’t consider
resources yet), and identify the critical path. What is the duration of the project?

b. You aren’t quite ready to apply the critical chain project management yet, but you do want to
eliminate multi-tasking. Eliminate any resource contention in your network. Identify the critical
path now? What is the duration of the project?

c. Apply the critical chain project management approach to this project. Create a new view of
your project network, include a project buffer and any needed feeding buffers. What is the critical
chain? What is the duration of the project now?

Task 1- Order review 2- Order vendor parts 3- Produce standard parts 4- Design custom parts 5- Software development 6- Manufacture custom parts 7 - Assemble 8- Test Predecessors Duration (days) 2 16 18 14 18 16 10 6 1 1 1 1 4 2,3,6 5,7 Resource Ryan Carly Ryan Lauren Connor Ryan Dawn Kevin
Transcribed Image Text:Task 1- Order review 2- Order vendor parts 3- Produce standard parts 4- Design custom parts 5- Software development 6- Manufacture custom parts 7 - Assemble 8- Test Predecessors Duration (days) 2 16 18 14 18 16 10 6 1 1 1 1 4 2,3,6 5,7 Resource Ryan Carly Ryan Lauren Connor Ryan Dawn Kevin
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