The MXN Sdn. Bhd. has identified eight activities that would need to be implemented in order...
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The MXN Sdn. Bhd. has identified eight activities that would need to be implemented in order to complete the construction project as listed in the table below. Using the PERT three-estimate approach, the company has obtained the estimated duration and the precedence relationships for each activity. In addition, the company may get penalized if it fails to complete the project within 35 weeks. Activity A B C D E F G H Immediate predecessor(s) None A A None Table 2: Project Description B, C C, D D, F E, G Optimistic a 2 4 4 7 4 7 3 2 Time estimate (week) Most likely m 6 8 6 13 7 9 6 4 Pessimistic b 7 9 8 16 13 17 9 9 (a) Construct the activity on the node (AON) network for this project. (b) Compute the expected activity time and the variance for each activity. (c) Determine the forward and backward pass, activity slack, and identify the critical path. (4 Marks) (6 Marks) (8 Marks) (d) Estimate the probability that all the activities on the current critical path will be completed beyond 35 weeks. (5 Marks) (e) Estimate the probability that the company may get penalized due to the late project completion. (2 Marks) The MXN Sdn. Bhd. has identified eight activities that would need to be implemented in order to complete the construction project as listed in the table below. Using the PERT three-estimate approach, the company has obtained the estimated duration and the precedence relationships for each activity. In addition, the company may get penalized if it fails to complete the project within 35 weeks. Activity A B C D E F G H Immediate predecessor(s) None A A None Table 2: Project Description B, C C, D D, F E, G Optimistic a 2 4 4 7 4 7 3 2 Time estimate (week) Most likely m 6 8 6 13 7 9 6 4 Pessimistic b 7 9 8 16 13 17 9 9 (a) Construct the activity on the node (AON) network for this project. (b) Compute the expected activity time and the variance for each activity. (c) Determine the forward and backward pass, activity slack, and identify the critical path. (4 Marks) (6 Marks) (8 Marks) (d) Estimate the probability that all the activities on the current critical path will be completed beyond 35 weeks. (5 Marks) (e) Estimate the probability that the company may get penalized due to the late project completion. (2 Marks)
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The provided question relates to project management and specifically to PERT Program Evaluation Review Technique a statistical tool used to analyze and represent the tasks involved in completing a giv... View the full answer
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Posted Date:
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