Question: Please show all working B. Differentiate between expected project time and project variance. (3 marks) C. The following list of activities are required for the

Please show all working B. Differentiate between Please show all working

B. Differentiate between expected project time and project variance. (3 marks) C. The following list of activities are required for the completion of a Supermarket Chain in Jamaica: 1vD. 1 me perious are in years i. Draw the activity network for this problem. (5 marks) ii. Determine the Expected Time and Variance for each activity. (4 marks) iii. Show the activity schedule (EST, EFT, LST, LFT) as well as slack. You may work in the network but please show the results in a table. ( 9 marks) iv. Determine and state the critical path for this problem. This must be based on your work in c and not by inspection. (2 marks) v. What is the expected time and variance of the project? (2 marks) vi. What is the probability the project will be finished within 30 days

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!

answer asap Question 2 A. With the aid of an example, what is meant by slack? (2 marks) B. Differentiate between expected project time and project variance. (3 marks) C. The following list of...

show all steps please for each A project has the specifications as shown in the following table. b. m Optimistic time Pessimistic time Most likely time. All times are in months Activity Immediate...

A construction company has identified the following activities that would take place in a renovation project as shown in Table Q3. Table Q3: Details of project activities Activity Preceding Activity...

can you please explain what he did in e and f Answer: Full solution below: [auth] WA Activity 4 5 1 3 95 D 4 14 F G 7 1 Prute path Total time ADE DF with highest time Acore the critical - 2 Sported...

Q A project has the specifications as shown in the following table. so HII h Optimistic time Pessimistic time Most likely time. All times are in months m Activity Immediate Predecessors P b Mean St....

Q A project has the specifications as shown in the following table. h Optimistic time Pessimistic time Most likely time. All times are in months m Activity Immediate Predecessors m Mean St. Dev....

Please show work as questions asks! Question 4: Project management (25 marks) Consider the following activity list and PERT three-estimates for activity durations. (Durations are in weeks). Activity...

Q1 An outsourcing contractor for pipe installation has identified the following activities to be undertaken for old pipe replacement works. Activity Preceding Activity A B D E F G H I J K A B B D B G...

Q1 An outsourcing contractor for pipe installation has identified the following activities to be undertaken for old pipe replacement works. Activity Preceding Activity | A B B D B G EG F.HI J...

Two touching bars 1 and 2 are placed on an inclined plane forming an angle α with the horizontal (Fig). The masses of the bars are equal to m1 and m2, and the coefficients of friction between...

Your colleague picks up the 2012 annual report of Microsoft (that we showed in Chapter 6) and finds that Microsoft reports an effective tax rate of 23.8% for fiscal year 2012 and 17.5% for fiscal...

Bonds, Inc. issued $10,000 7%, 5-year bonds that pay interest annually receiving $10,420 given a 6% market rate of interest. Rounding to the nearest $1, the entry to record the first interest...

Case Greenbuilders Pte Lid ("GPL") is a local construction company which specialises in providing bespoke Design and Build construction services for private residential homes that are designed to be...