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 456--
B 786--
C 101214 A
D 111417 B
E 81114 B
F 91113 C, D
G 91216 E
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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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