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Problem #2 a) Develop a CPM diagram for the activities/relationships listed below (assume durations are in months). For each activity calculate the Early Start, Late Start, Early Finish, Late Finish, Total Float, and Free Float. Clearly identify the critical path for the project (hint: a highlighter would be a good tool to use). Label Duration Must Follow Operations

Problem #2 a) Develop a CPM diagram for the activities/relationships listed below (assume durations are in months). For each activity calculate the Early Start, Late Start, Early Finish, Late Finish, Total Float, and Free Float. Clearly identify the critical path for the project (hint: a highlighter would be a good tool to use). Label Duration Must Follow Operations

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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Problem #2 a) Develop a CPM diagram for the activities/relationships listed below (assume durations are in months). For each activity calculate the Early Start, Late Start, Early Finish, Late Finish, Total Float, and Free Float. Clearly identify the critical path for the project (hint: a highlighter would be a good tool to use). Label ABCDEFGHISKLMNOPQRS G E O А L D с Р Activity Q M I Duration 24735 torum ∞o a tr∞ bon 7 7 6 7 5 3 8 9 4 7 8 6 b) After developing 10 5 Must Follow Operations A A A A B B F G G the project schedule (part a) the project owner comes to you and says they'll add an extra $50,000 to your contract if you can shorten the project by one month. You ask the project team to look at the activities and determine which activities can be shorten and how much it would cost. They return with the following activities and estimated cost to shorten the duration by 1 month. C,G Н, F,J,K D,K E,K M.N N,O L,O,P Q,R Cost to shorten duration by 1 month $55,000 $25,000 $50,000 $60,000 $10,000 $50,999 $49,999 $70,000
Transcribed Image Text:Problem #2 a) Develop a CPM diagram for the activities/relationships listed below (assume durations are in months). For each activity calculate the Early Start, Late Start, Early Finish, Late Finish, Total Float, and Free Float. Clearly identify the critical path for the project (hint: a highlighter would be a good tool to use). Label ABCDEFGHISKLMNOPQRS G E O А L D с Р Activity Q M I Duration 24735 torum ∞o a tr∞ bon 7 7 6 7 5 3 8 9 4 7 8 6 b) After developing 10 5 Must Follow Operations A A A A B B F G G the project schedule (part a) the project owner comes to you and says they'll add an extra $50,000 to your contract if you can shorten the project by one month. You ask the project team to look at the activities and determine which activities can be shorten and how much it would cost. They return with the following activities and estimated cost to shorten the duration by 1 month. C,G Н, F,J,K D,K E,K M.N N,O L,O,P Q,R Cost to shorten duration by 1 month $55,000 $25,000 $50,000 $60,000 $10,000 $50,999 $49,999 $70,000
LEGEND: ES Early Start Task ID LS Late Start TF Total Float Duration FF Free Float EF Early Finish LF Late Finish
Transcribed Image Text:LEGEND: ES Early Start Task ID LS Late Start TF Total Float Duration FF Free Float EF Early Finish LF Late Finish
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