Question: 8 Project network diagram a Duration, ES / EF , LS / LF , and slack for each project phase 9 Probability of completion within

8 Project network diagram
a Duration, ES/EF, LS/LF, and slack for each project phase
9 Probability of completion within 55 days
a Crashing plan to ensure completion within 55 weeks to within 90%
10 Revised system failure rate with back-ups installed
a If failure rate is greater than 1%, which additional component(s) should have back-up
installed?
Can you answer these with this data set
Initial reports have determined that the failure rate of the system is too high. An improvement project is
undertaken to try to reduce the failure rate. Details are given below in Table 5. Based on the data, calculate
the expected time for each phase and construct the network diagram. Calculate the early start/early finish,
late start/late finish, and slack times for each phase. How long is the entire project expected to last?
Table 5, Project Timeline Data
Management would like to see the project completed within 55 days. What is the probability the project will
finish in that time frame? What phase(s) must be crashed to ensure a greater-than-90% chance of finishing
within 55 days?
As a result of the improvement project, back-up components were installed on sections charlie, delta, echo,
foxtrot, and hotel. The back-ups have the same reliability rates as the components they cover. Is that
sufficient to reduce the failure rate below 1%? If not, what additional component(s) should have a back-up
installed? Assume all switches are 100% reliable.
 8 Project network diagram a Duration, ES/EF, LS/LF, and slack for

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!