The activities, preceding activities, the probabilistic times of completing activities, expected crashed completion times and crashed...
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The activities, preceding activities, the probabilistic times of completing activities, expected crashed completion times and crashed cost per week of activities of a project are given in the following table. Activity i. A B C D E F G H ii. iii. iv. V. vi. Preceding Activity A B, C B, D C, E F G,E Probabilistic Completion Times a, m, b in week 4, 5, 6 5, 6, 7 3,4,5 5,7,9 5, 6, 7 4, 5, 6 3, 10, 11 10,12, 14 Expected Crashed Completion time (week) 5 5 3 6 4 3 8 11 Crashed Cost per week $500 $300 $600 $400 $700 $500 $600 $550 Draw the network diagram linking all the activities in a way that it shows if there exist any preceding activity/activities before starting each of the mentioned activities. Mark: 2 Find the expected completion time and variance for each of the activities: Mark: 1 Find the earliest start time, the earliest finish time, the latest start time and the latest finish time of each of the activities in the project in a network diagram and hence the completion time of the project with its standard deviation and the critical path. Mark: 4 Find the slack time (delay time) of each of the activities, the critical and the non-critical activities. Mark: 2 Find the minimum possible completion time of the project by considering the expected crashed completion times and the minimum total cost of that crashing the project. Mark: 4 Highlight the critical and non-critical activities of the finally completed project by taking into account the crashed times of the activities. Mark: 2 The activities, preceding activities, the probabilistic times of completing activities, expected crashed completion times and crashed cost per week of activities of a project are given in the following table. Activity i. A B C D E F G H ii. iii. iv. V. vi. Preceding Activity A B, C B, D C, E F G,E Probabilistic Completion Times a, m, b in week 4, 5, 6 5, 6, 7 3,4,5 5,7,9 5, 6, 7 4, 5, 6 3, 10, 11 10,12, 14 Expected Crashed Completion time (week) 5 5 3 6 4 3 8 11 Crashed Cost per week $500 $300 $600 $400 $700 $500 $600 $550 Draw the network diagram linking all the activities in a way that it shows if there exist any preceding activity/activities before starting each of the mentioned activities. Mark: 2 Find the expected completion time and variance for each of the activities: Mark: 1 Find the earliest start time, the earliest finish time, the latest start time and the latest finish time of each of the activities in the project in a network diagram and hence the completion time of the project with its standard deviation and the critical path. Mark: 4 Find the slack time (delay time) of each of the activities, the critical and the non-critical activities. Mark: 2 Find the minimum possible completion time of the project by considering the expected crashed completion times and the minimum total cost of that crashing the project. Mark: 4 Highlight the critical and non-critical activities of the finally completed project by taking into account the crashed times of the activities. Mark: 2
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Related Book For
Project Management Achieving Competitive Advantage
ISBN: 978-0133798074
4th edition
Authors: Jeffrey K. Pinto
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