PERT-CPM 1. Consider a project involving the following activities and precedence relationship. The cost of each activity is listed. The following activity time estimates have been provided for a preparation involving an MIS project. a. Draw the AON and AOA Diagram. b. Perform a Program Evaluation and Review Technique (PERT) to determine the expected total duration of the project. [Note: Use the diagramming convention agreed in class and tabulate the results for each activity's ES, EF, LS, LF, slack time and indication if it's in the critical path Note: Expected (Ave Time) = (Optimistic Time + 4*Most Likely Time + PessimisticTime) / 6 %3D = ( OT + 4MLT + PT ) / 6 %3D c. If the project exceeds 11 weeks, there is an additional miscellaneous costs around Php 30,000. Will the company opt to speed up the project? Activity Predecessors Optimistic Most Likely Pessimistic Crash Normal Crashed Time Cost Cost 11,000 6,000 3,000 7,000 4,000 13,000 9,000 4,000 A 2 4 2 17.000 В 1 3 1 9,000 C 2 3 4 5,000 17,000 4,000 D C 1 2 А, В, D А, В, D Е, F А, В, D E 1 1 1 1 F 2 2 2 13,000 13,500 10,000 9,500 3 4 H 1 3 5 1 I H 3 7 3 5,000 G 1 2 3 1 3,000 5,000 15,000 8,000 3. 4 19,000 I, JK 1 3 1 10,900 KL
PERT-CPM 1. Consider a project involving the following activities and precedence relationship. The cost of each activity is listed. The following activity time estimates have been provided for a preparation involving an MIS project. a. Draw the AON and AOA Diagram. b. Perform a Program Evaluation and Review Technique (PERT) to determine the expected total duration of the project. [Note: Use the diagramming convention agreed in class and tabulate the results for each activity's ES, EF, LS, LF, slack time and indication if it's in the critical path Note: Expected (Ave Time) = (Optimistic Time + 4*Most Likely Time + PessimisticTime) / 6 %3D = ( OT + 4MLT + PT ) / 6 %3D c. If the project exceeds 11 weeks, there is an additional miscellaneous costs around Php 30,000. Will the company opt to speed up the project? Activity Predecessors Optimistic Most Likely Pessimistic Crash Normal Crashed Time Cost Cost 11,000 6,000 3,000 7,000 4,000 13,000 9,000 4,000 A 2 4 2 17.000 В 1 3 1 9,000 C 2 3 4 5,000 17,000 4,000 D C 1 2 А, В, D А, В, D Е, F А, В, D E 1 1 1 1 F 2 2 2 13,000 13,500 10,000 9,500 3 4 H 1 3 5 1 I H 3 7 3 5,000 G 1 2 3 1 3,000 5,000 15,000 8,000 3. 4 19,000 I, JK 1 3 1 10,900 KL
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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Transcribed Image Text:PERT-CPM
1. Consider a project involving the following activities and precedence relationship. The cost of each
activity is listed. The following activity time estimates have been provided for a preparation involving
an MIS project.
a. Draw the AON and AOA Diagram.
b. Perform a Program Evaluation and Review Technique (PERT) to determine the expected total
duration of the project. [Note: Use the diagramming convention agreed in class and tabulate the
results for each activity's ES, EF, LS, LF, slack time and indication if it's in the critical path
Note: Expected (Ave Time) = (0ptimistic Time + 4*Most Likely Time + PessimisticTime) / 6
= ( OT + 4MLT + PT ) / 6
c. If the project exceeds 11 weeks, there is an additional miscellaneous costs around Php 30,000. Will
the company opt to speed up the project?
Activity Predecessors Optimistic
Most Pessimistic Crash Normal Crashed
Likely
Time
Cost
Cost
A
2
4
6.
2
11,000
6,000
3,000
7,000
4,000
13,000
9,000
4,000
5,000
3,000
3
17.000
В
1
3
5
1
9,000
5,000
17,000
4,000
13,000
13,500
10,000
9,500
5,000
19,000
10,900
C
2
3
4
2
D
1
2
3
1
А, В, D
А, В, D
Е, F
А, В, D
E
1
1
1
F
2
2
2
G
4
H
1
3
5
1
I
H
3
7
3
G
1
3
1
5
15,000
8,000
K
G
3
4
L
I, JK
1
2
3
1
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