Saint Teresa's Hospital is looking to implement a new ERP system. Russell Trent has been developing a project plan and has identified the following tasks, precedence relations, and normal task durations. Task Pred Mean Std Var Start 0 0 0 A Start 20 19.4 376.36 B A 14 11.34 128.5956 C A 45 34.65 1200.623 D A 15 11.55 133.4025 E B,C,D 7 6.72 45.1584 F E 37 42.55 1810.503 G E 27 27.27 743.6529 H E 43 14.62 213.7444 I E 28 19.04 362.5216 J F,G,H,I 13 13.52 182.7904 End J 0 0 0 Because Russell has studied project management at the University of Portland, he knows that the he should incorporate a time buffer into any estimates for the project's makespan. If Russell wants to quote a 92% makespan: Quoted Makespan = Time Buffer =
Saint Teresa's Hospital is looking to implement a new ERP system. Russell Trent has been developing a project plan and has identified the following tasks, precedence relations, and normal task durations. Task Pred Mean Std Var Start 0 0 0 A Start 20 19.4 376.36 B A 14 11.34 128.5956 C A 45 34.65 1200.623 D A 15 11.55 133.4025 E B,C,D 7 6.72 45.1584 F E 37 42.55 1810.503 G E 27 27.27 743.6529 H E 43 14.62 213.7444 I E 28 19.04 362.5216 J F,G,H,I 13 13.52 182.7904 End J 0 0 0 Because Russell has studied project management at the University of Portland, he knows that the he should incorporate a time buffer into any estimates for the project's makespan. If Russell wants to quote a 92% makespan: Quoted Makespan = Time Buffer =
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Saint Teresa's Hospital is looking to implement a new ERP system. Russell Trent has been developing a project plan and has identified the following tasks, precedence relations, and normal task durations.
| Task | Pred | Mean | Std | Var |
| Start | 0 | 0 | 0 | |
| A | Start | 20 | 19.4 | 376.36 |
| B | A | 14 | 11.34 | 128.5956 |
| C | A | 45 | 34.65 | 1200.623 |
| D | A | 15 | 11.55 | 133.4025 |
| E | B,C,D | 7 | 6.72 | 45.1584 |
| F | E | 37 | 42.55 | 1810.503 |
| G | E | 27 | 27.27 | 743.6529 |
| H | E | 43 | 14.62 | 213.7444 |
| I | E | 28 | 19.04 | 362.5216 |
| J | F,G,H,I | 13 | 13.52 | 182.7904 |
| End | J | 0 | 0 | 0 |
Because Russell has studied project management at the University of Portland, he knows that the he should incorporate a time buffer into any estimates for the project's makespan. If Russell wants to quote a 92% makespan:
Quoted Makespan =
Time Buffer =
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