Prepare a plan for a small project of moderate complexity (at least 12 activities, with some interdependencies between activities).Your plan should identify the activity by their beginning and ending nodes and by short, descriptive titles. Estimate the times tocomplete the activities. Prepare a PERT/CPM network. Determine critical path and the expected time for completing the project(Activity Analysis and Event Analysis). Choose a project of some personal interest and knowledge (e.g. building a house, selling ahouse, political campaign etc.) Your project will be judged by how completely it identifies all activities, the reasonableness of yourtime estimates and the correctness of your analysis.UPLOAD YOUR ANSWER HERE AS IMAGE/PDF.

Critical Path Analysis and PERT are useful assets that assist you with booking and overseeing…

Answered: Prepare a plan for a small project of…

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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Management & Science University (MSU) have appointed you as a project manager to conduct a Joint Application Design (JAD) session with members from various departments. As a project manager, you are required to develop a specific schedule for the tasks listed below. The estimated task duration for each shown in parentheses. First, you must contact and brief the participants and explain their responsibilities (1 day). Then you must obtain approval from their department managers (3 days). After you have obtained the approval, you can begin the two tasks where you can prepare the agenda for the JAD session (7 days) and arrange the meeting room (2 days) When the agenda is ready, you can start two more concurrent tasks which are preparing the information packets (4 days) and to create visual aids (8 days). When the meeting room is arranged and information packets are ready, you can send out an email to all participants (1 day). Finally, after the e-mail is sent to participants and the…
A project consists of seven activities, lettered A through F below. For each activity, the estimated normal time in number of weeks, crash time, normal cost, crash cost, and its preceding activity are given. Normal Time Crash Time Normal Cost Crash Cost Immediate Activity (weeks) (weeks) (Peso) (Peso) Predecessor(s) A 4 3 2,000 2,600 B 1 2,200 2,800 3 500 500 D 8 4 2,300 2,600 A E 6 900 1,200 В F 3 3,000 4,200 G 4 1,400 2,000 D, E If you wish to reduce the time required to complete this project by one week, which activity should be crashed? O Activity C O Activity D O Activity E O Activity B O Activity A
Suppose you are the project manager for the following project: First, draw a network diagram for the project. Determine the critical path and slack times for all of the tasks. This completes your plan for the project schedule. During project execution, you become aware of the need to change the duration of Task 4 to five days. Meanwhile, Task 3 has been finished one day early, so it only took one day to do. What, if any, effects do these changes have on your project? What would have happened if you had not been monitoring the status of the project?
Use the Program Evaluation and Review Technique to represent the project in an activity network. In conjunction with the Critical Path Method, use the activity network to find the shortest time possible to complete the project, to identify the critical jobs in the project, and to determine the earliest and latest that each activity can start and finish without making the project completion longer.a=1, b=1, c=6, d=5, e=2, f=5; andab=1x1=1, bc=1x6=6, cd=6x5=30, de=5x2=10, ef=2x5=10, af=1x5=5.
Develop the network activity (AON) chart and identify the critical path for a project based on the table below. Draw the activity network as a Gantt chart using MS Project. What is the expected duration of the project? Please use MS Project and submit the answer .
A group of developers is building a new shopping center. A consultant for the developers has developedthe following table of activities, durations and predecessors. Determine the earliest start times andfinish times, latest start and finish times, activity slack, critical path and duration for the project. Thereis a Bonus for finishing the project at 90% of the projected date. The bonus for early completion is$50,000. Which activities should be crashed, if the cost for 1 week reduction, for any activity, is $3500per week, and what is the total cost of crashing? And, Net Bonus, if any.
Consider a project that has been modeled as in Table 1 Draw the PERT/CPM network for this project and determine the project’s expected completion time µP and its critical path. Suppose the standard deviations of the activity durations are σA = 2, σB = 1, σC = 0, σD = 2, σE = 3, and σF = 0. Then please estimate the standard deviation of the overall project’s standard deviation σP . Suppose for the standard Normal random variable Z, we know P[−1 ≤ Z ≤ +1] ' 68%, P[−2 ≤ Z ≤ +2] ' 95%, and P[−3 ≤ Z ≤ +3] ' 99.7%. Then, approximately what time T is one for which there is only a less than 2.5% chance for the completion time to beat (be shorter than)?
Below is information about a project to implement a new manufacturing cell to assemble personal digital assistance devices Calculate the expected time for all tasks and maintain one decimal place. Complete a critical path analysis. Complete forward and backward passes. What is the critical path? What is the project duration? What is the latest start for Activity 4 "Secure patent?"?
their is no predecessor Draw the network diagram for this project. Clearly label the earliest start, earliest finish, latest start and latest finish for each activity. Specify the critical path and the critical activities & state the expected C.P. duration. State the variance of the critical path. What is the probability that the dinner will be ready within 3 minutes early?
Dave Fletcher was able to determine the activity times for constructing his laser scanning machine. Fletcher would like to determine ES, EF, LS, LF, and slack for each activity. The total project completion time and the critical path should also be determined. Here are the activity times: Dave's earliest start (ES) and earliest finish (EF) are: Activity Time (weeks) Immediate Predecessor(s) Activity Time (weeks) Immediate Predecessor(s) A B C D 7 2 A Activity A F G H ES | FF 5 6 9 7 B B C. E D, F
Draw the network diagram based on the information given below. Calculate the ES, EF, LS, LF and slack for each activity and identify the critical path. Can the project be completed in 40 weeks? Assume that activity A actually finished at the 9th week, activity B actually finished at the 10th Recalculate the expected project completion time. Which activities would you focus on in order to get the project back on schedule? Activity Preceding Activity Time (Weeks) ES EF LS LF Slack A 10 B 8 C A, B 6 D A 8 E B 9 F C, D 7 G D, E 12 H F, G 10
The answer is not "0"

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