a. The Consolidated Bank of Ghana (CBG) is planning to install a new computerized accounts system. Bank management has determined the activities required to complete the project, the precedence relationships of the activities, and activity time estimates as follows: Time Estimates (weeks) Activity Description Position Recruiting Predecessor a m A 8 17 В System Development System Training Equipment training Manual System Test 3 12 15 A 4 7 10 A 8 23 В, С В, С E 1 1 1 Preliminary System Changeover Computer-Personnel Interface Equipment Modification Equipment testing System Debugging and Installation Equipment Changeover F 1 4 13 G D, E 3 9. H. D, E 1 2.5 7 I H 1 1 1 J F, G 2 2 K G, I 8 11 Use the information in the table to answer the following questions i. Compute the expected activity completion time for each activity ii. Construct a network showing the inter-relationship between the project activities. Also perform the forward and backward pass of the Critical Path Method (CPM) on your network. " iii. When will the computerized accounting system be ready for use? · iv. What is the critical path (the critical activities)?
a. The Consolidated Bank of Ghana (CBG) is planning to install a new computerized accounts system. Bank management has determined the activities required to complete the project, the precedence relationships of the activities, and activity time estimates as follows: Time Estimates (weeks) Activity Description Position Recruiting Predecessor a m A 8 17 В System Development System Training Equipment training Manual System Test 3 12 15 A 4 7 10 A 8 23 В, С В, С E 1 1 1 Preliminary System Changeover Computer-Personnel Interface Equipment Modification Equipment testing System Debugging and Installation Equipment Changeover F 1 4 13 G D, E 3 9. H. D, E 1 2.5 7 I H 1 1 1 J F, G 2 2 K G, I 8 11 Use the information in the table to answer the following questions i. Compute the expected activity completion time for each activity ii. Construct a network showing the inter-relationship between the project activities. Also perform the forward and backward pass of the Critical Path Method (CPM) on your network. " iii. When will the computerized accounting system be ready for use? · iv. What is the critical path (the critical activities)?
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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