Draw the project network ii. Compute the expected time and variance for each activity Compute slack for each event and find the critical path i. iii.
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Q: 1. Draw the network diagram for the above project. 2. What is the critical path? 3. What is the…
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- Question 2 Given the information of a project in the Table 2 below. Note that the project is completed when activity F and G are completed. Table 2 Activity Dependency Time (months) A - 4 B - 6 C A 2 D A 6 E C,B 3 F C,B 3 G D,E 5 1. Find the activity schedule for the project. Fill Earliest Start (ES), Earliest Finish (EF) and Latest Start (LS) and Latest Finish (LF) times in the empty boxes of the diagram below. 2. Find the critical path of the project. 3. Find out project time. 4. In many practical situations, activity times are not known exactly. Explain how you may deal with situations where activity times are…Question 3 Given the information of a project information is given in Table 2 and the project diagram showing precedence relationships of the activities. Table 2 Activity Dependency Time (weeks) A - 3 B - 3 C A 2 D A 8 E C,B 5 F C,B 5 G D,E 7 1. Find the activity schedule for the project. Fill Earliest Start (ES), Earliest Finish (EF) and Latest Start (LS) and Latest Finish (LF) times in the empty boxes of the diagram below. 2. How long the activity G can be delayed without delaying the project? 3. Can activity B be delayed without delaying the project? If so for how long?QUESTION 1 Your organization has signed a new project contract to install 12 electric generators. The Budget of the project is $120,000 ($10K per electric generator). The duration of the project is 12 weeks (1 electric generator per week). First scenario: At week 2: •3 electric generators installed. •$28,000 spent to date. Second scenario: At week 6: •5 electric generators installed. •$57,500 spent to date. According to the above scenarios, how are you going to answer the following questions? 1.Are you ahead or behind schedule? 2.How efficiently are you using your project’s time? 3.When is this project likely to be completed? 4.Are you currently under or over budget? 5.How efficiently are you using your resources? 6.What is the remaining work likely to cost? 7.What is the entire project likely to cost? 8.How much will you be under or over budget at the end?
- Question 3 Given the information of a project information is given in Table 2 and the project diagram showing precedence relationships of the activities. Table 2 Activity Dependency Time (weeks) A - 3 B - 3 C A 2 D A 8 E C,B 5 F C,B 5 G D,E 7 1. Find the activity schedule for the project. Fill Earliest Start (ES), Earliest Finish (EF) and Latest Start (LS) and Latest Finish (LF) times in the empty boxes of the diagram below.QUESTION 1 The following information is available for a large fundraising project. Activity Activity Time (days) Activity Cost ($) Immediate Predecessor(s) A 3 100 -- B 4 150 -- C 2 125 A D 5 175 B E 3 150 B F 4 200 C, D G 6 75 C H 2 50 C, D, E I 1 100 E J 4 75 D, E K 3 150 F, G L 3 150 G, H, I M 2 100 I, J N 4 175 K, M O 1 200 H, M P 5 150 N, L, 0 Determine the critical path and the expected completion time of the project. Plot the total project cost, starting from Day1 to the expected completion date of the project, assuming the earliest start times for each activity. Compare the result to a similar plot for the latest start times. What implication does the time differential have for cash flows and project scheduling?Question content area Part 1 The estimated times and immediate predecessors for the activities in a project at Howard Umrah's retinal scanning company are given in the following table. Assume that the activity times are independent. Time (weeks) Immediate Time (weeks) Immediate Activity a m b Predecessor(s) Activity a m b Predecessor(s) A 8 10 13 — C 8 10 11 A B 5 10 16 — D 4 8 14 B This exercise contains only parts a, b, c, d, and e. Part 2 a) Based on the activity time estimates, the expected times and variance for each of the activities are (round your response to two decimal places):…
- Question: A firm is planning a project which consists of the following ten jobs and precedence relations are identified with their node numbers: Jobs (i-j) 1-2 1-3 2-3 2-4 2-5 3-5 4-7 5-6 6-7 7-8 Durations (days) 9 5 12 7 8 11 10 3 4 6 a. Draw an arrow diagram representing the project.b. Determine the critical pathc. What is the duration of the project?Question 5transaction processing system is an ICT project being undertaken to enhance organizational performance. the following as a Project Manager:a) How would the project manager identify the project scope and organize your work breakdown structure? b) How would the project manager make use of the Gantt-Chart to facilitate your project delivery? c) How would the project manager make use of critical path analysis to identify the project critical activitiesQuestion 39 Given the following activity network: (3 activities - A1, A2 & A3; arrows point from A1 to A2 and A1 to A3) 39-1.docx Actions Activity A1 takes 6 weeks, A2 takes 9 weeks, and A3 takes 3 weeks. What is the slack of A3? Group of answer choices 8 weeks 6 weeks 7 weeks 0 weeks
- Question 42 Given the activities, time estimates and dependency relationships: Duration (days) Activity Predecessor Optimistic Most Likely Pessimistic A *** 3 5 13 B *** 4 7 10 C A 5 7 15 D B 8 9 22 What is the estimated slack time for activity A? Group of answer choices 0 4 6 1SIMPLE PERT question Expected Time fot the critical path on a PERT network is 18.2 weeks, and the critical path variance is 4. 1. The project was supposed to be done in 16 weeks. How do I find probability that the project will be finished on or 16 weeks? 2. Suppose I can adjust the project to set a deadline so that 98% of the time, it would be on time. How do I find deadline required to reach that level? 3. Ignoring 1 and 2, use original numbers of 18.2 weeks expected time and Variance of 4.. The company will pay $100,000 fine if project is not done in 21 weeks. How much would the ocmpany be willing to pay (in terms of insurancE) given their chances of having to pay that $100,000 fine?Question content area Part 1 A renovation of the gift shop at Orlando Amway Center has six activities (in hours). In the following table, the estimates of a, m, and b times for each of the activities are listed: Activity a m b A 10 16 19 B 26 31 41 C 18 18 18 D 8 14 20 E 17 18 20 F 16 20 23 Part 2 Based on the activity time estimates, the expected times for each of the activities are (round your responses to two decimal places): Part 3 Part 4 Part 5 Part 6 Part 7 Part 8 Based on the activity time estimates, standard deviation for each of the activities is (enter your responses rounded to two decimal…
