Question: Activity Description Predecessors Duration A Green Light the Project 4 B Obtain Financing A 8 C Develop Screenplay A 12 D Casting B.C 7 E

Activity Description Predecessors Duration A "Green Light" the Project 4 B Obtain Financing A 8 C Develop Screenplay A 12 D Casting B.C 7 E Identify Shooting Locations C 5 Rehearsal D, E 6 G Shooting B, F 18 H Screening Daily Output G 5 Editing G 4 J Sound Mixing H, I 3 K Music J 6 L Movie Release K 5 Based on the network diagram, answer the following questions: a. What is the project completion time? b. What is the critical path for the project? c. Compute EF, ES, LS, LF, slack, and free slack for each activity in the project. Present you results in the format shown in Sheet "es-el-ls-If-sl" in the Excel file HW1. 3. The below table presents probabilistic times (weeks) estimates for this project. Use the Sheet "pert schedule" in the Excel file HW1. Determine the following: a. Expected project duration b. Project standard deviation c. Probability the project will be completed in 64 weeks. d. Probability the project will be completed in 70 weeks. 4. Suppose you are hired as a consultant to decide whether it makes economic sense to crash the project. You are given the normal cost, crash cost, normal time, and crash time information. The overhead costs incurred by the project every week are $10,000. a. Determine whether you should crash the project. b. Complete the Sheet "crash costs" in the Excel file HW1. c. If yes, how many days would you advise the project should be crashed? Why? [Note: You must show a network diagram for all your crashing decisions. ] 2
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