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Dr. Ell has been given a budget of $10,000 to organize a conference at her university in less than 2.5 months' time (10 weeks) via an educational grant. She has a team of 2 research assistants and after some deliberation, they identified the following activities that are required to be completed for hosting a successful conference. Activity Immediate Predecessor Description Determining Number of Days and Sessions A в Identifying potential venues in the city Selecting a venue for the conference B Inviting presenters from various universities Finalizing presenters for each session D A, C E Communicating with potential presenters D G Last minute edits, replacements, and lists Е, F 1. Create a PERT/CPM model to identify the project network, activity schedule, critical activities, and the expected time for completing the project successfully. The expected completion times for each as follows: Activity Optimistic Most Probable Pessimistic A 2 3 4 В 1 2 3 1.5 2 D 2 2.5 3 1 2 3 F 1.5 3 4.5 G 1 1.5 2 2. What is the probability of NOT completing the CRITICAL activities by the end of 10 weeks (NOTE: This means you need to look at the critical path ONLY, not all the paths).

Dr. Ell has been given a budget of $10,000 to organize a conference at her university in less than 2.5 months' time (10 weeks) via an educational grant. She has a team of 2 research assistants and after some deliberation, they identified the following activities that are required to be completed for hosting a successful conference. Activity Immediate Predecessor Description Determining Number of Days and Sessions A в Identifying potential venues in the city Selecting a venue for the conference B Inviting presenters from various universities Finalizing presenters for each session D A, C E Communicating with potential presenters D G Last minute edits, replacements, and lists Е, F 1. Create a PERT/CPM model to identify the project network, activity schedule, critical activities, and the expected time for completing the project successfully. The expected completion times for each as follows: Activity Optimistic Most Probable Pessimistic A 2 3 4 В 1 2 3 1.5 2 D 2 2.5 3 1 2 3 F 1.5 3 4.5 G 1 1.5 2 2. What is the probability of NOT completing the CRITICAL activities by the end of 10 weeks (NOTE: This means you need to look at the critical path ONLY, not all the paths).

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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Dr. Ell has been given a budget of $10,000 to organize a conference at her university in less than 2.5 months' time (10 weeks) via an educational grant. She has a team of 2 research assistants and after some deliberation, they identified the following activities that are required to be completed for hosting a successful conference. Description Determining Number of Days and Sessions Activity Immediate Predecessor A В Identifying potential venues in the city -- Selecting a venue for the conference B Inviting presenters from various universities А, С D Finalizing presenters for each session D Communicating with potential presenters D G Last minute edits, replacements, and lists E, F 1. Create a PERT/CPM model to identify the project network, activity schedule, critical activities, and the expected time for completing the project successfully. The expected completion times for each as follows: Activity Optimistic Most Probable Pessimistic A 2 3 4 в 1 2 3 1 1.5 2 D 2 2.5 1. 2 1.5 3 4.5 G 1 1.5 2 2. What is the probability of NOT completing the CRITICAL activities by the end of 10 weeks (NOTE: This means you need to look at the critical path ONLY, not all the paths).
Transcribed Image Text:Dr. Ell has been given a budget of $10,000 to organize a conference at her university in less than 2.5 months' time (10 weeks) via an educational grant. She has a team of 2 research assistants and after some deliberation, they identified the following activities that are required to be completed for hosting a successful conference. Description Determining Number of Days and Sessions Activity Immediate Predecessor A В Identifying potential venues in the city -- Selecting a venue for the conference B Inviting presenters from various universities А, С D Finalizing presenters for each session D Communicating with potential presenters D G Last minute edits, replacements, and lists E, F 1. Create a PERT/CPM model to identify the project network, activity schedule, critical activities, and the expected time for completing the project successfully. The expected completion times for each as follows: Activity Optimistic Most Probable Pessimistic A 2 3 4 в 1 2 3 1 1.5 2 D 2 2.5 1. 2 1.5 3 4.5 G 1 1.5 2 2. What is the probability of NOT completing the CRITICAL activities by the end of 10 weeks (NOTE: This means you need to look at the critical path ONLY, not all the paths).
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