Question: Given the following information: Activity Optimistic Time ( days ) Most Likely Time ( days ) Pessimistic Time ( days ) Predecessor A 4 5
Given the following information:
Activity Optimistic Time
days
Most Likely
Time days
Pessimistic
Time days
Predecessor
A
B
C A
D B
E B
F C D
G E
Page of
a What is the expected completion time of the project?
b Explain how the Theory of Constraints could be utilized here, be specific.
c Identify the critical path. Recall the critical path is the LONGEST pathway
d Calculate the expected activity times round to the nearest integer
e Calculate the activity slacks
f Explain Fast tracking ~ how could this technique improve this project?
g Define Parkinsons Law ~ how does this affect the overall schedule of a project? Is
this a good or bad thing? Why?
h What is PERT? Calculate the PERT estimate for this proje
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