Ssus and the management at yankee Itd. Want an expected time and variance for pest control activity and for that optimistic time was 2 weeks , pessimistic time was 8 weeks and most likely time is 4 weeks ?
Q: What is the likelihood that the project described in the following table will be completed within 44…
A: In the answer below: a stands for optimistic time b stands for pessimistic time m stands for most…
Q: Using PERT, Adam Munson was a ble to determinethat the expected project completion time for the…
A: Note: - Since we can answer only up to three subparts we will answer the first three subparts(a, b,…
Q: Draw the network diagram for the whole project (with AoN Activity on Node)
A: Activity-on-node could be a project management term that refers to a precedence schematization…
Q: What is the activity-on-arc (AOA) project network?
A: AOA project network displays sequential relationships between networks. It displays in a scheduled…
Q: 1. A project was planned using PERT with three-time estimates. The expected completion time of the…
A:
Q: Costs for a project are $12,000 per week for as long as the project lasts. The project manager has…
A: Compute the path lengths and identify the critical path: Path Duration(weeks) a-b 24 (critical…
Q: Consider the following project activities with a normal unit: (The normal unit is Day) Activity…
A: Network Diagram :
Q: A partially solved PERT problem is detailed in the table below. Times are given in weeks. Activity…
A: Note: - Since we can answer only up to three subparts we will answer the first three subparts…
Q: Ssus and the management at yankee ltd. Want an expected time and variance for pest control activity…
A: Given: Optimistic time (a) = 2 weeks Pessimistic time (b) = 8 weeks Most likely Time (m) = 4 weeks…
Q: 2. Tom Schriber, a director of personnel of Management Resources, Inc., is in the process of…
A: Given data is
Q: An architect of a task force planning the construction of a domed stadium had hoped to be able to…
A: Critical path: It is the order of activities/task associated with the project network which…
Q: 4- Standard Deviation Value For the critical path in the project is
A:
Q: 11-27 General Foundry’s project crashing data are shown in Table 11.9. Crash this project to 13…
A: Given data is
Q: d. The partners have decided that shortening the project by two days would be beneficial, as long as…
A:
Q: Rich Cole Control Devices, Inc., producescustom-built relay devices for auto makers. The most…
A: Critical path: The critical path in project management is used to calculate the most efficient…
Q: Gabrielle Kramer, owner of Pet Paradise, is opening a new store in Columbus, Ohio. Her major concern…
A: From the network diagram, The possible paths and their duration are: A-D-G-H = 3+3+1+3 = 10B-E-F =…
Q: An activity on a PERT network has these time estimates: optimistic = 2, most likely = 3, and…
A: We have, Optimistic, To = 2 Most likely, Tm = 3 Pessimistic, Tp = 6
Q: Gabrielle Kramer, owner of Pet Paradise, is opening a new store in Columbus, Ohio. Her major concern…
A:
Q: How are the mean activity times and activity variancescomputed in probabilistic CPM/PERT analysis?
A: It is another form of critical path method known as the program evaluation and review technique…
Q: Four Squares Productions, a firm hired to coordinate the release of the movie Pirates oft he…
A: A network diagram is a graphical depiction of a project that uses a sequence of connected arrows and…
Q: What is the importance of variance analysis to project managers?
A: Variance analysis can be summed up as an analysis of the distinction between arranged and genuine…
Q: You are the project manager of the software installation project in Table. You would like to find…
A: Crashing- from the network diagram, we identify all the paths- A-C-I = 5+10+9 = 24 weeks A-D-F-I =…
Q: project consists of five activities Optimistic Most Probable Pessimistic Activity…
A: Following is the network diagram:
Q: E G 5) 2. 4 days 9 days A-5/ days C-2 days F8 days H-7 days B-3 days D 3 4. 6. 5 days 6 days
A: What is Early Start & Late Finish? In any activity network diagram, there will be multiple…
Q: General Foundry’s project crashing data are shown below. Crash this project to 13 weeks using CPM.…
A: From the given data, Determining the crash slopes : TIME (WEEKS) COST ($)…
Q: The optimistic duration for a project is 10 weeks. The worst case estimate is 22 weeks, and the most…
A: t( p) = 22 t(o ) = 10 t(m) = 13 expected duration assuming beta distribution is t(e) = (t(o) +…
Q: Using PERT, Adam Munson was able to determinethat the expected project completion time for the…
A: Formula:
Q: 1. A project was planned using PERT with three-time estimates. The expected completion time of the…
A: Given- Expected completion time (x) = 40 weeksDesired completion time (μ) = 40 weeks or…
Q: a) Draw the AON project network diagram. b) Calculate the expected time of each activity? (Round…
A: Since you have posted a question with multiple sub-parts, we will solve the first three subparts for…
Q: In zuman Inc. The expected activity time is 7 weeks, whereas the optimistic time is 12 weeks and…
A: The expected time is the time of the project that the company expects to complete in the particular…
Q: Consider the following scenario: (Time in weeks) Activity Preceding Optimistic Most Likely…
A: The question is related Programme Evaluation Review Technique (PERT). The expected duration is…
Q: a. Draw a network diagram and determine the expected project completion time b. What is the…
A: Below is the solution:-
Q: Kirti and the team want to ascertain the expected activity time and the variance of activity zeta of…
A: The expected time is the estimated time of the activity taken to complete the whole project.
Q: If we used AW analysis instead of PW analysis to select a project, it will give us a different…
A: Annual worth analyses are quite identical to present worth analysis, except that all expenditures…
Q: A renovation of the gift shop at Orlando Amway Center has six activities (in hours). For the…
A: Given data is
Q: Determine the Critical Path and Project Duration to complete the process. ii. Activity F cannot…
A: A network diagram is a graphical representation of a project which visualizing the activity…
Q: What is the latest start (LS) of activity F ? Choose. Choose. What is the slack (SL) value of…
A: The earliest activity can begin is called Early Start (ES). Only if all of the previous activities…
Q: The following table contains information related to the major activities of a research proj…
A: The answer is as below:
Q: Consider following data. Draw activity on arc (AOA) network diagram. Find out critical path,…
A: Critical path tells the shortest duration of the project.
Q: We are planning to develop a room reservation system that is estimated to have 400 story points of…
A: It is very important for organization to take such steps that are helpful in the success of the…
Q: Define each of these terms, and indicate how each is determined.b. Variance of an activity time.
A: For calculating the variance, the parameters required are the following: Optimistic time: This is…
Q: 14 - In earned value analysis, we found that BCWP: $24,800 BCWS: $27,650 ACWP: $21,900 The project…
A: Earned Value Analysis (EVA): It is a system that enables the project manager to estimate the amount…
Q: Gabrielle Kramer, owner of Pet Paradise, is opening a new store in Columbus, Ohio. Her major concern…
A: Project Evaluation and Review Technique (PERT) may be a technique utilized in project management…
Q: A project is of 18 months. It was evaluated at the end of 3rd month. The following figures were…
A: Given- Earned Value = $1.2 million = $1,200,000 Actual Cost = $1.05 million = $1,050,000Planned…
Q: Treksha and the team want to ascertain the expected activity time of the installation of the…
A: The expected time is the estimated time of the activity taken to complete the whole project.
Q: How can we determine the PW of the project?
A: Present worth (PW) of the project is a decision rule to determine whether to accept the project by…
Q: The project described in the following table has just begun. It is scheduled to be completed in 11…
A: Given, Activity Estimated Time(weeks) StandardDeviation (wks.) 1-2 4 0.70 2-4 6 0.90 1-3 3…
Q: A company is willing to develop their rocket before the end of current financial year which is now…
A: Find the Given details below: (i) (j) Optimistic Time(To) a(Weeks) Pessimistic Time(Tp) b(Weeks)…
Q: An architect of a task force planning the construction of a domed stadium had hoped to be able to…
A: Critical path: It is the order of the activities of the project network in which the shortest…
Step by step
Solved in 2 steps with 1 images
- Using PERT, Adam Munson was a ble to determinethat the expected project completion time for the construction ofa pleasure yacht is 21 months, and the project va riance is 4.a) What is the probability that the project will be completed in17 months?b) What is the probability that the project will be completed in20 months?c) What is the probability that the project will be completed in23 months?d) What is the probability that the project will be completed in25 months?e) What is the due date that yields a 95% chance of completion?Ssus and the management at yankee ltd. Want an expected time and variance for pest control activity and for that optimistic time was 2 weeks , pessimistic time was 8 weeks and most likely time is 4 weeks ?The project described in the following table has just begun. It is scheduled to be completed in 11 weeks.Use Table B1 and Table B2. Activity Estimated Time(weeks) Standard Deviation(wks.) 1-2 4 0.70 2-4 6 0.90 1-3 3 0.62 3-4 9 1.90 a. If you were the manager of this project, would you be concerned? (Round your intermediate calculations to 2 decimal places and "Probability" values to 4 decimal places.) because the probability of finishing on schedule is only about . b. If there is a penalty of $5,000 a week for each week the project is late, what is the probability of incurring a penalty of at least $5,000? (Round your intermediate calculations to 2 decimal places and "Probability" values to 4 decimal places.) Probability Have worked this with various formulas and all come back wrong. Where am I making a mistake
- Describe the four different project evaluations or reviews: (1) individual performance review, (2) postmortem review, (3) project audit, and (4) evaluation of the project’s MOV with specific examplesWhat is the critical path of the project? a. BCGIKLM b. ABGIKLM c. ABDFGKLM d. ACFGIKLM e. ACEHJKLMI want answer with explanation... I'll upvote you... Only typed answer I want... The following table of probabilistic time estimates (in weeks) and activity predecessors are provided for a project. Activity optimistic time most likely time pessimistic time Activity Predecessor A 1 4 7 -- B 2 6 7 -- C 3 3 6 B D 6 13 14 A E 3 6 12 A, C F 6 8 16 B G 1 5 6 E, F Table 1 Reference: Ref 1 Using Table 1, the probability that the project could be completed in 23 weeks or less is approximately A. 0.94 B. 0.87 C. 0.91 D. 0.89
- The following table shows the various activities of the development of a new product in your organization. Activity Event Immediate Predecessor(s) Estimates of Activity Duration (Weeks) Optimistic (To) Most Likely (Tm) Pessimistic (Tp) Average (Te) 1 A - 2 3 4 ? 2 B A 1 2 ? 2 3 C A 1 ? 4 2.2 4 D B ? 5 6 5 5 E B 3 ? 5 4 6 F C 2 3 ? 3 7 G D ? 2 4 2.2 8 H E,F, G 3 4 6 ? 9 I H 3 ? 5 4 10 J I 2 1 3 ? Questions: Calculate ALL the missing (?) data points. Draw the PERT network from the given data. Determine ALL the paths, the critical path and its total duration in days. Explain the limitations…Follow up to previous question: 3) A company decides to plan a project, with activities, precedences and random duration statistics given in the following table: Activity Immediate Predecessors Duration Minimum (weeks) Duration Mode (weeks) Duration Maximum (weeks) A none 2 5 9 B A 1 6 8 C A 3 5 12 D B 2 4 12 E B, C 4 6 8 F B 6 7 8 G D, E 1 2 6 H F, G 4 6 16 Questions: 1) What method should be used? Compute the mean and variances for each activity and add them to the table above. 2)Draw the project network and label the arcs with the activity name. 3) Assuming that the critical path is AàBàP1àEàGàH, compute the probability that this path duration is between 28 weeks and 32 weeks. 4) Assuming that the critical path is AàBàP1àEàGàH, compute the number of weeks within which the project will be completed with probability 0.95.Gabrielle Kramer, owner of Pet Paradise, is opening a newstore in Columbus, Ohio. Her major concern is the hiringof a manager and several associates who are animal lovers.She also has to coordinate the renovation of a building thatwas previously owned by a chic clothing store. Kramer hasgathered the data shown in Table 7.14. a. How long is the project expected to take?b. Suppose that Kramer has a personal goal of completingthe project in 14 weeks. What is the probability that it willhappen this quickly?
- Jordanne King, the project manager for Webjets International, Inc., compiled a table showing time estimates for each of the activities of a project to upgrade the company’s Web page, including optimistic, most likely, and pessimistic.a. Calculate the expected time, te, for each activity.b. Calculate the variance, s2, for each activity.Activity Optimistic (days) Most Likely (days) Pessimistic (days)A 3 8 19B 12 15 18C 2 6 16D 4 9 20E 1 4 7quetion 1 a)What is a burn-down chart? What purpose does it serve? b)Why should a project manager be concerned with monitoring a project’s progress? c) Describe how the SPI and CPI can be used to forecast the final cost of a project?Rich Cole Control Devices, Inc., producescustom-built relay devices for auto makers. The most recentproject undertaken by Cole requires 14 different activities.Cole’s managers would like to determine the total projectcompletion time (in days) and those activities that lie alongthe critical path. The appropriate data are shown in the fol-lowing table.a) What is the probability of being done in 53 days?b) What date results in a 99% probability of completion?