You may need to use the appropriate technology to answer this question.Consider the PERT/CPM network with estimated times in weeks shown in the following figure. The project is scheduled to begin on May 1.StartABсDEFGH1.0The three-time estimate approach was used to calculate the expected times and the following table gives the variance for each activity.Activity Variance0.41.10.70.40.70.7A11.1B3E1D2C4F23T7Finish(a) Give the expected project completion date and the critical path. (Enter your critical path as a comma-separated list.)The expected project completion isweeks from May 1 with a critical path of(b) Based only on the critical path, by what date are you 99% sure the project will be completed? (Round your answer to one decimal place.)weeks from May 1.

Find the given details below:…

Answered: Consider the PERT/CPM network with…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

See similar textbooks

Similar questions

You may need to use the appropriate technology to answer this question. Consider the PERT/CPM network with estimated times in weeks shown in the following figure. The project is scheduled to begin on May 1. Start Activity A B C D E F G A H The three-time estimate approach was used to calculate the expected times and the following table gives the variance for each activity. Variance 1.0 0.4 1.3 0.9 0.2 0.7 0.5 B 0.9 E 1 D C 4 F G 3 H 7 Finish 4 (a) Give the expected project completion date and the critical path. (Enter your critical path as a comma-separated list.) The expected project completion is weeks from May 1 with a critical path of (b) Based only on the critical path, by what date are you 99% sure the project will be completed? (Round your answer to one decimal place.) weeks from May 1.
Consider the project described in the table below: Activity Duration A B C D E F G H 9 4 8 8 5 7 4 6 OEST-9 and LCT = 15 OEST=9 and LCT = 13 Immediate Predecessor What is the earliest start time (EST) and latest completion time (LCT) of activity B? OEST=9 and LCT = 20 OEST-9 and LCT-17 - A A A B B,C C,D E,F,G
By using Bar chart planning method, find the following: - Total duration for the project activities shown below - The project completion date (assume the start date is 1/3/2012 Activity A CDEFGHI J Duration 85 2846 7 45 6 (days) Following Activity C,D EFGHIJJ * If the project shown above had a delay of (4 days after (13working days), what would its new delivery date be? B B
8 EARNED VALUE ANALYSIS The following project is reported to be at the end of its 8 week. Find the cost and schedule variances. Also find the CPI, SPI, CSI, ETC and EAC for the project. Find the condition of the project at the this reporting period. PV AC Budget ($) Duration Actual Cost % D-8 Activity Predecessor (s) (week) ($) Complete 300 400 A 3 100 A3 В 4 200 180 100 B:4 C 7 250 300 90 A 8 600 400 50 400 200 В 40 150 180 F В 4 100 G C 4 100 200 40 500 H D, E 2 300 F, G 3 J H, I 1 100 ㅇ CO 프 (-)
Given the following activity duration and field report, calculate the ACWP, BCWP, BCWS, CPI, CV, SPI, and SV. Also, project the estimated budget at completion and the estimated project duration. Feel free to use the Excel spreadsheet example and plug the new numbers in. Activity Predecessor Duration Cost/Day Total Cost A B U D E F Activity A B с D E A F B D D Actual % Completion 100 100 50 50 2 0 3 4 4 3 2 Field Report at the end of Day 5 Incurred Costs 400 1000 500 900 200 0 300 300 400 300 200 400 900 1200 1600 900 400
You are the project manager of the softwaration project in the table below. You would like to find the minimum-cost schedule for your project. There is a $500-per-week penalty for each week the prop delayed beyond week 25. In addition, your project team determined that indirect project costs are $2,000 per week. 9 Normal Activity Immediate Predecessor(s) Time (weeks) 1 A B C D E F G H 1 a. What would be your target completion week? The target completion week is week A A, B B D E. F G C.F (Enter your response as an integer.) b. How much would you save in total project costs with your schedule? Total Savings S (Enter your response as an integer) 79832N 10 12 8 Normal Cost (S) 3,000 3,000 10,000 3,000 4,000 2,000 3,000 5,000 2,000 Crash Time (weeks) 1 58829136 Crash Cost ($) 3,000 6,000 12,000 9,000 5,000 5,000 9,000 7,000 8,000
Activities, preceding activities, normal and crashed completion times of each of the activities and crashed costs of activities per week of a project are given in the following table. Activity Preceding Activity Normal Crashed Completion time (week) Crashed Cost Completion Time (week) 7 per week A 7 B $500 C 4 3 $700 $600 A A, C В, D D, E D 7 E F 10 9. $800 9 8 $400 i. 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 in the above table. ii. 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 drawn diagram of the project and hence the completion time of the project and the critical path.
(a) Draw a project network. (b) Determine the expected time and variance for each activity. (c) Determine earliest start time (ES), earliest finish time (EF), latest start time (LS), finish time (LF) and slack of each activity. (d) Find the critical path and the project completion time. (e) What is the probability that the project will be completed in 65 weeks?
A solved PERT problem is detailed in the table below. The expected time and variance values and the critical activities are given in the table below. Answer the following questions by filling the blanks (WRITE YOUR ANSWERS TO 2 DECIMAL PLACES. DO NOT ROUND UP OR DOWN): a. The expected project completion time for this problem is and the standard deviation is . b. There is a 0.95 probability that the project will be completed by weeks. Activity Expected time Variance Critical? A 10 0.36 Yes B 7 0.11 No C 7 0.25 No D 3 0.48 Yes E 5 1.60 Yes F 7 0.69 No G 2 3.69 Yes
Given is a Project with network diagram and activity times as shown below. Activity Time (wks) A 13 B 5 Start с 14 A c) The Slack time of Activity C = Blank 3 weeks D D a) The Earliest Start (ES) time of Activity I = Blank 1 weeks 9 b) The Latest Start (LS) time of Activity B = Blank 2 weeks f) The Project Completion time = Blank 6 weeks d) The Earliest Finish (EF) time of Activity H = Blank 4 weeks e) The Latest Finish (LF) time of Activity B = Blank 5 weeks B F E 12 E F LL 17 H G 9 J H 15 - 15 J 2
Given is a CPM project network diagram as shown below. Start A C B D E F G Start A B C Ꭰ E F G Activity H H End End day 0 5 8 3 5 6 8 3 4 0 a) The Project Completion time = Blank 1 days. b) The Earliest Start time, ES, of Activity G = Blank 2 days. c) The Latest Finish time, LF, of Acitivity C = Blank 3 days. d) The critical activities are = Blank 4 (ex. Fill in answer as: ABCD)
Draw CPM network of activities tabulated below: 1. Calculate the expected duration and the standard deviation for the critical path. 2. Compute the followings: (a) The probability that the project will finish by the end of day 50 (b) The probability that the project will finish at day 52 (c) The probability that the project will finish before the start of day 49. (d) The completion date with at least a 95% confidence level

SEE MORE QUESTIONS

Recommended textbooks for you

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Business in Action

Operations Management

ISBN:

9780135198100

Author:

BOVEE

Publisher:

PEARSON CO

Purchasing and Supply Chain Management

Operations Management

ISBN:

9781285869681

Author:

Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:

Cengage Learning

Production and Operations Analysis, Seventh Editi…

Operations Management

ISBN:

9781478623069

Author:

Steven Nahmias, Tava Lennon Olsen

Publisher:

Waveland Press, Inc.

SEE MORE TEXTBOOKS