Suppose that you are assigned to a construction project which is planned to be build as early as possible. As a planning engineer you haveto find the right sequence of activities in order to complete the project on time. Use Gantt (Bar) Chart and calculate total duration anddetermine the critical path of the project.ImmediateEstimatedActivityPredecessorsDuration2 weeks4 weeks10 weeksA6 weeks4 weeksS weeks7 weeks9 weeks7 weeks8 weeksGE, GF, 14 weeks5 weeks2 weeks6 weeksKMK, LImmediate Predecessor (Finish to Start)Construct Gantt Chart of the project.

A Gantt chart:It is a project management mechanism helping in the outlining & scheduling of the…

Answered: Suppose that you are assigned to a…

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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Consider the project described in the table below: Activity Duration A B C D E F G H 9 4 8 8 5 7 4 6 OEST-9 and LCT = 15 OEST=9 and LCT = 13 Immediate Predecessor What is the earliest start time (EST) and latest completion time (LCT) of activity B? OEST=9 and LCT = 20 OEST-9 and LCT-17 - A A A B B,C C,D E,F,G
you decide to estimate duration and standard deviation of a project using PERT method. the project has 3 steps the following are the optimistic, most likely and pessimistic durations in weeks:step 1: 2,5,10Step 2: 1,3,13Step3: 7,8,11,what is the estimated duration and standard deviation of the project duration?Estimated Duration =16 standard Deviation =4.9Estimated Duration =18 standard Deviation =4.9Estimated Duration =18 standard Deviation =2.49Estimated Duration =16 standard Deviation =24
#3) Consider the following project, all durations are in days. Construct a precedence diagram, find the critical path and which tasks have slack and how much each has. Which tasks would you recommend crashing to reduce the project duration by six days assuming that it costs the same to crash each task and no task by be crashed to more than half its original duration and tasks A and N cannot be crashed at all? Task Predecessors Most Likely Duration A - 8 B A 12 C A 6 D A 12 E B 10 F E 7 G C 18 H C 13 I G 10 J H 13 K D 10 L K 11 M L 7 N F, I, J, M 4 Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
A small software development project at Krishna Dhir's firm has five major activities. The times are estimated and provided in the table below. ACTIVITY IMMEDIATE PREDECESSOR a m b A − 1 4 7 B − 2 5 14 C A 5 11 17 D B 3 9 15 E C 3 3 3 Part 2 a) Find the expected completion time for this project. The expected completion time for this project is (enter your response as a whole number). Part 3 b) What variance value would be used to find probabilities of finishing by a certain time? The…
Which of the following statements regarding PERT analysis is TRUE? Select one: O a Project variance is the sum of all activity variances. O b. Project standard deviation is the sum of all critical activity standard deviations. O c. Each activity has two estimates of its duration. O d. Only critical activities contribute to the project variance
18. The unit of time used to develop the activity duration is a function of: the relationship dependence of project activities. the skill level of the project team. the level of detail needed by the user of the schedule. the phase of the project. the availability of project resources.
Using PERT, Adam Munson was able to determinethat the expected project completion time for the construction ofa pleasure yacht is 21 months, and the project variance is 4.a) What is the probability that the project will be completed in17 months?b) What is the probability that the project will be completed in20 months?c) What is the probability that the project will be completed in23 months?d) What is the probability that the project will be completed in25 months?e) What is the due date that yields a 95% chance of completion?
Consider the office renovation project data in Table 7.16. A“zero” time estimate means that the activity could take a verysmall amount of time and should be treated as a numericzero in the analysis.a. Based on the critical path, find the probability ofcompleting the office renovation project by 39 days.b. Find the date by which you would be 90 percent sure ofcompleting the project.
Due to population growth in the area, the new Liberty High School has just opened in a local school district. The athletic director at Liberty High is planning the launch of the school's track and field team. The first team practice is scheduled for April 1. The activities, their immediate predecessors, and the activity time estimates (in weeks) are listed in the following table. Time (Weeks) Activity Description ImmediatePredecessor Optimistic Most Probable Pessimistic A Meet with board 1 1 2 B Hire coaches A 4 6 8 C Conduct fundraiser A 2 4 6 D Announce program B, C 1 2 3 E Meet with coaches B 2 3 4 F Order team equipment A 1 2 3 G Register athletes D 1 2 3 H Reserve buses for meets G 1 2 3 I Plan first practice E, H, F 1 1 1 (a) Draw a project network. A project network with 11 activities and 13 directed arcs is shown. Activity Start is connected to activity A. Activity A is connected to activity B, to activity C, and to activity F. Activity B…
I need a detailed explanation and assistance to solve this problem: A company decides to plan a project, with activities, precedences and random duration statistics given in the following table: Activity Immediate Predecessors Duration Minimum (weeks) Duration Mode (weeks) Duration Maximum (weeks) A none 2 5 9 B A 1 6 8 C A 3 5 12 D B 2 4 12 E B, C 4 6 8 F B 6 7 8 G D, E 1 2 6 H F, G 4 6 16 * What method should be used? Compute the mean and variances for each activity and add them to the table above * Draw the project network and label the arcs with the activity name. * Assuming that the critical path is AàBàP1àEàGàH, compute the probability that this path duration is between 28 weeks and 32 weeks. * Assuming that the critical path is AàBàP1àEàGàH, compute the number of weeks within which the project will be completed with probability 0.95.
The table below contains data for the installation of new equipment in a manufacturing process for a steel corporation. Your company is responsible for the installation project. Indirect costs are $6,000 per week, and a penalty cost of $10,000 per week will be incurred by your company for every week the project is delayed beyond week 15. Activity Immediate Predecessor(s) Normal Time (weeks) Crash Time (weeks) Normal Cost ($) Crash Cost ($) A None 2 1 7,000 10,000 B None 2 2 3,000 3,000 C A 3 1 12,000 40,000 D B 3 2 12,000 28,000 E C 1 1 8,000 8,000 F D, E 5 3 5,000 15,000 G E 3 2 9,000 18,000 H F, G 8 6 14,000 32,000 Construct a network diagram for the project. What are the project completion time and the total cost under normal conditions? What is the shortest time duration for this project regardless of cost? What is the resulting total cost? What is the…
Market Fresh Foods is looking to develop a new strategic plan. Jay Jones has been developing a project plan and has identified the following tasks, precedence relations, and normal task durations. tasks predecessors task duration start 0 A start 40 B A 34 C A 31 D A 38 E A 28 F C,D 18 G B,F 13 H E,G 22 end H 0 Jay has studied project management at the University of Portland and knows that the starting and ending time of any task may be determined from the information in the table using the critical path method. Assume the following notation when answering the questions below: Metric Description ES Early start time for task EF Early finsh time for task LS Late start time for task LF Late finsh time for task TS Total slack for task FS Free slack for task IS Independent slack for task SS safety slack for task Please provide the CPM result for each of the following metrics: ES_{end} = LF_{D} = FS_{D} = TS_{G} = IS_{G} =

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