• Draw the Network diagram. • Calculate expected time and variance for each activity. Find the critical path. • Calculate the total project completion time. • Find project variance.

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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Question
(2) Consider the following project:
Activity
A
B
D
E
F
G
H
I
Immediate Optimistic Most Probable
Predecessor (days)
(days)
A
A
B, C
B
A
D
G
E, H, F
I
4
2
1
2
1
I
1
1
2
6
4
2
3
2
2
2
1
Pessimistic
(days)
Draw the Network diagram.
• Calculate expected time and variance for each activity.
Find the critical path.
• Calculate the total project completion time.
• Find project variance.
3
8
6
3
4
3
3
3
1
Transcribed Image Text:(2) Consider the following project: Activity A B D E F G H I Immediate Optimistic Most Probable Predecessor (days) (days) A A B, C B A D G E, H, F I 4 2 1 2 1 I 1 1 2 6 4 2 3 2 2 2 1 Pessimistic (days) Draw the Network diagram. • Calculate expected time and variance for each activity. Find the critical path. • Calculate the total project completion time. • Find project variance. 3 8 6 3 4 3 3 3 1
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