Question: Minnesota State University Project Activity A B Description Predecessor(s) Optimistic Likely Pessimistic Cost/Day Bonding, insurance, tax structuring 21 24 45 $1,500 Foundation, concrete footings A

Minnesota State University Project Activity A B
Minnesota State University Project Activity A B Description Predecessor(s) Optimistic Likely Pessimistic Cost/Day Bonding, insurance, tax structuring 21 24 45 $1,500 Foundation, concrete footings A 20 60 70 $3,500 for boxes Upgrading skybox A 50 stadium seating 60 100 $4,000 Upgrading walkways, C 36 50 100 $1,900 stairwells, elevators Interior wiring, B 35 lathes 40 $9,500 Inspection approvals E 1 1.5 2 0 Plumbing DF 25 36 $2,500 D E 45 F G 20 H Painting 15 25 35 $2,000 H 20 25 60 $2,000 J 8 10 12 $6,000 Hardware/AC/metal workings Tile/carpet/windows H Inspection J Final detail IK work/cleanup K 0.5 1 1.5 0 L 20 25 60 $4,500 Discussion Questions 1. Develop a network drawing for Towns Construction and determine the critical path. How long is the project expected to take? 2. What is the probability of finishing in 270 days? 3. (Enrichment) if it is necessary to crash to 250 or 240 days, how would Towns do so, and at what costs? As noted in the case, assume that optimistic time estimates can be used as crash times

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