Prepare a plan for a small project of moderate complexity (at least 12 activities, with some interdependencies between activities).Your plan should identify the activity by their beginning and ending nodes and by short, descriptive titles. Estimate the times tocomplete the activities. Prepare a PERT/CPM network. Determine critical path and the expected time for completing the project(Activity Analysis and Event Analysis). Choose a project of some personal interest and knowledge (e.g. building a house, selling ahouse, political campaign etc.) Your project will be judged by how completely it identifies all activities, the reasonableness of yourtime estimates and the correctness of your analysis.UPLOAD YOUR ANSWER HERE AS IMAGE/PDF.

Critical Path Analysis and PERT are useful assets that assist you with booking and overseeing…

Answered: Prepare a plan for a small project of…

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...

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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.
You may need to use the appropriate technology to answer this question. A project consists of five activities as shown in the following table. Activity Floor sanding Floor buffing Paint mixing Wall painting Ceiling painting Start Optimistic Time (hr) Most Probable Time (hr) Start Floor Buffing Paint Mixing Naturally, paint mixing precedes the painting activities. Also, (a) Construct the PERT/CPM network for this problem. Floor Sanding 4 Paint Mixing 4 0.5 3 3 Paint Wall Paint Ceiling Paint Ceiling Paint Wall 5 5 1 4 7.5 Floor Sanding Pessimistic Time (hr) Floor Buffing Finish 6 Finish 6 ceiling painting and floor sanding must be dor 1.5 11 9 i Start Start prior to floor buffing. Floor Sanding Paint Mixing Floor Buffing Paint Mixing Paint Ceiling Paint Wall Paint Wall Paint Ceiling Floor Buffing Floor Sanding Finish Finish
Draw a network representation of the project (nodes = activities, arrows = precedence constraints). Provide early start/early finish as well as late start/late finish times for all activities. What is the duration of the project, and which tasks are on the critical path? Task Description Duration Predecessors A Project Planning 16 days - B Evaluation Existing Apps 20 days - C Define Value Proposition 12 days B D Define User Interface 18 days B E Define Technology Requirements 22 days C and D F Document Requirements 14 days E G Develop Architecture 35 days A and F H Creation Code Design 18 days G I Roadmap Feature Development 12 days G J User Interface Development 74 days H and I K Code Development 92 days H and I L Release Testing 32 days J and K M Get User Feedback 22 days L N Bug Fixing 28 days L O Marketing Plan 54 days E P Release Product 5 days M, N and O
The manager of the Oak Hills Swimming Club is planning the club’s swimming team program. The first team practice is scheduled for May 1. The activities, their immediate predecessors, and the activity time estimates (in weeks) are presented in Table 3. Draw a project network. Develop an activity schedule. What are the critical activities, and what is the expected project completion time? What is the probability that the swimming program will be ready in 13 weeks?
You may need to use the appropriate technology to answer this question. Mueller & Associates is a urban planning firm that is designing a new public park in an Omaha suburb. Coordination of the architect and subcontractors will require a major effort to meet the 42- week completion date requested by the owner. The Mueller project manager prepared the following project network. Start Activity A B с D E Estimates of the optimistic, most probable, and pessimistic times (in weeks) for the activities are as follows. TI G H Optimistic Most Probable 4 6 6 weeks 3 6 5 10 A 5 8 7 12 5 9 8 B 15 6 Pessimistic 12 8 18 7 18 17 20 (b) What is the expected project completion time (in weeks)? 52 13 F E (a) Find the critical path. (Enter your answers as a comma-separated list.) A,C,E,G,H G H Finish (c) Based only on the critical path, what is the estimated probability the project can be completed in 42 weeks as requested by the owner? (Round your answer to four decimal places.) X (d) Based only on the…
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
Roger Ginde is developing a program in supply chain management certification for managers. Ginde has listed a number of activities that must be completed before a training program of this nature could be conducted. The activities, immediate predecessors, and times appear in the accompanying table: Activity Immediate Predecessor(s) A (BCDEFG This exercise contains only parts b, c, and d. b) The critical activities for the leadership training program development project are c) The project length for the leadership training program development project = d) Slack time for each of the activities is: days. B A, D с E, F Activity A B CDEFG Slack Time Time (days) 3 GANGG 5 2 10 4 8
With the use of a diagram, show (illustrate) the typical levels of project staffing related to each phase and throughout a project With the use of a diagram, show (illustrate) the typical levels of uncertainty or project risks associated with each phase and throughout a project.
Two critical path activities are candidates for crashing on a CPM network. Activity details are in the table below. To cut two days from the project's duration, to project cost and activity should be crashed second, adding to project cost. activity should be crashed first, adding Activity Normal Time Normal Cost Crash Time Crash Cost 8 days $6,000 7 days $6,400 10 days $4,000 9 days $5,000 B A; $400 and then A; $400 nA; $400 and then B; $1000 n B; $1000 and then A; $400 B; $1000 and then B; $1000
Refer to the Table 1 and do the following: Calculate the Expected time, mean time. Develop the Network diagram using the expected time and use PERT Analysis to know the mean and Sd of the project. Based on these estimates and the resultant expected project duration of 69 days. The executive committee wants to know what is the probability of completing the project before a scheduled time of 68 days? How do you measure project risk exposure? Explain and propose ways to reduce the project risk exposure.
Dave Fletcher was able to determine the activity times for constructing his laser scanning machine. Fletcher would like to determine ES, EF, LS, LF, and slack for each activity. The total project completion time and the critical path should also be determined. Here are the activity times: Activity Time (weeks) Immediate Predecessor(s) Activity Time (weeks) Immediate Predecessor(s)A 7 - E 4 BB 8 - F 7 BC 4 A G 11 C, ED 1 A H 6 D , F Dave's earliest start (ES) and earliest finish (EF) are: Activity ES EF A 0 7 B 0 8 C 7 11 D 7 88 E 8 12 Part 7 F ? ? G ? ? H ? ?
Dave Fletcher was able to determine the activity times for constructing his laser scanning machine. Fletcher would like to determine ES, EF, LS, LF, and slack for each activity. The total project completion time and the critical path should also be determined. Here are the activity times: Activity Time (weeks) Immediate Predecessor(s) Activity Time (weeks) Immediate Predecessor(s)A 6 - E 5 BB 8 - F 6 BC 2 A G 9 C, ED 3 A H 7 D , F Dave's earilest start (ES) and earliest finish (EF) are: Activity ES EF A 0 6 B 0 ? C D E F G H

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