Based on the WBS your team created last week, the next step is to calculate all the expected activity completion times. Expected completion times are found by using the PERT: TE = (a+4m+b)/6 where a=optimistic time estimate b=pessimistic time estimate most likely time estimate In theory, the "optimistic" and "pessimistic" times are selected in the following way. The team is asked to select a (optimistic time estimate) for an activity such that the actual time required by the activity will be a (the selected optimistic time estimate) or greater approximately 99% of the time. Similarly, b (pessimistic time estimate) is estimated such that approximately 99% of the time the activity will have the duration of b (selected pessimistic time estimate) or less. Complete Table 1. Table 1. PERT Calculations IMPORTANT: Use hours as the unit of analysis (round up to 1 hour, if needed) #.0 Project Life Cycle ## Work Package Optimistic Most Likely Pessimistic Time Time Time Expected Activity Completion Times no less than 20, not enough application). See Chapter 6 slides (17 and 18) Group Members Names sfully build etically please R A C I n eSPOUS C 0 n Alyssa Joanna C n f 0 S 0 Castillon u น r n 1 m t t i a e 619 b b 1 e #.0 Project Life Cycle Phase #.# Work Package 1.0 Initiation Nelson Identify needs for Shed with Dr. Robinson B/A Have Lounch Meeting R/A 2.0 Planning Coordinate Resources A/I h R Establish Budget A/I R 3.0 Execution Create Blue Print BC C/I C/I Aquire Permit B/A I Purchase Materials R/A Dent Tools B/A HHH I I Drive to location R R NHHX I R Coordinate Deliveries B/A I I 4.0 Closure Close Out Invoices Build Structure Install Dry Wall Install Brick Wall Install floor/stain Install Door fall Install Windows Install Fixtures.na Landscaping / Cleanin Review Final Project IAR/AR/A I/ARLAR IAR/AR I/ARIA B IIA R B/A I/AR RA THR/AR/A R/A BIA Il R/A I/C I I pyright: May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.

Based on the WBS your team created last week, the next step is to calculate all the expected activity completion times. Expected completion times are found by using the PERT: TE = (a+4m+b)/6 where a=optimistic time estimate b=pessimistic time estimate most likely time estimate In theory, the "optimistic" and "pessimistic" times are selected in the following way. The team is asked to select a (optimistic time estimate) for an activity such that the actual time required by the activity will be a (the selected optimistic time estimate) or greater approximately 99% of the time. Similarly, b (pessimistic time estimate) is estimated such that approximately 99% of the time the activity will have the duration of b (selected pessimistic time estimate) or less. Complete Table 1. Table 1. PERT Calculations IMPORTANT: Use hours as the unit of analysis (round up to 1 hour, if needed) #.0 Project Life Cycle ## Work Package Optimistic Most Likely Pessimistic Time Time Time Expected Activity Completion Times no less than 20, not enough application). See Chapter 6 slides (17 and 18) Group Members Names sfully build etically please R A C I n eSPOUS C 0 n Alyssa Joanna C n f 0 S 0 Castillon u น r n 1 m t t i a e 619 b b 1 e #.0 Project Life Cycle Phase #.# Work Package 1.0 Initiation Nelson Identify needs for Shed with Dr. Robinson B/A Have Lounch Meeting R/A 2.0 Planning Coordinate Resources A/I h R Establish Budget A/I R 3.0 Execution Create Blue Print BC C/I C/I Aquire Permit B/A I Purchase Materials R/A Dent Tools B/A HHH I I Drive to location R R NHHX I R Coordinate Deliveries B/A I I 4.0 Closure Close Out Invoices Build Structure Install Dry Wall Install Brick Wall Install floor/stain Install Door fall Install Windows Install Fixtures.na Landscaping / Cleanin Review Final Project IAR/AR/A I/ARLAR IAR/AR I/ARIA B IIA R B/A I/AR RA THR/AR/A R/A BIA Il R/A I/C I I pyright: May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.

Management, Loose-Leaf Version

13th Edition

ISBN:9781305969308

Author:Richard L. Daft

Publisher:Richard L. Daft

Chapter11: Managing Change And Innovation

Section: Chapter Questions

Problem 1CFCA

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