Question Three:

a$)$ Explain the four ways a company can respond to identified risks attached to a project.

b$)$ Consider the following network $($in days$).$

A$03$

$303$

C$38$

$538$

E$814$

$6814$

Start

B$02$

D$27$

$213$

$538$

F $810$

$21012$

G $1012$

$212$

$14$

The crashing data for the project are as follows.

Crash Time $($days$)$

Total Normal Cost $($$$)$

Total Crash Cost $($$$)$

Activity

A

$2$

$700$

$1300$

B

$1$

$1100$

$1800$

C

$3$

$1900$

$2700$

D

$3$

$1400$

$2200$

E

$4$

$1700$

$2700$

F

$1$

$500$

$900$

G

$1$

$400$

$900$

Finish

a$)$ Assume that the project manager desires $11-$day project; formulate a Linear Programming Model that can be used to make the Crashing Decision for the Project. $($State the Objective Function and Constraints Clearly$).$

End of Questions

$3$

$5$:$12$

Course No: $5399$

Course Title: Special Course in Construction Management.

Date: $14/8/2012$

No$.$ of Questions: $(3)$

Time: $2$ hours.

Using Calculator $($Yes$)$

University of Palestine

Final exam

$14$th August $2012$

Total Grade:

Instructor Name: Nadine Abu$-$Shaaban

Student No$.$:

Student Name:

College Name:

Dep. $/$ Specialist:

Using Dictionary $($No$)$

Areas of a Standard Normal Distribution

Z

$\mathrm{.}00$

$01$

$02$

$\mathrm{.}03$

$04$

$05$

$06$

$\mathrm{.}07$

$08$

$09$

$0\mathrm{.}0000000400080012001600199\mathrm{.}0239\mathrm{.}02790319\mathrm{.}0359$

$0\mathrm{.}1\mathrm{.}0398\mathrm{.}0438\mathrm{.}0478051705570596\mathrm{.}06360675$

$07140753$

$0\mathrm{.}207930832\mathrm{.}0871\mathrm{.}09100948098710261064$

$11031141$

$0\mathrm{.}7258026112642$

$29953023305$

$0\mathrm{.}82881291029392967$

$0\mathrm{.}931593186321232383$

$1\mathrm{.}03413343834613485$

$1\mathrm{.}1\mathrm{.}364336653686\mathrm{.}3708372937493770379038103830$

$1\mathrm{.}23849386938883907392539443962398039974015$

$1\mathrm{.}3\mathrm{.}4032404940664082409941154131414741624177$

$0\mathrm{.}31179121712551293133113681406144314801517$

$0\mathrm{.}4155415911628166417001736177218081844\mathrm{.}1879$

$0\mathrm{.}5191519501985\mathrm{.}2019205420882123215721902224$

$0\mathrm{.}62257229123242357238924222454248625172549$

$2673270427342764279428232852$

$307831063133$

From $43289$

$334033653389$

$357735993621$