Project Management: The Managerial Process (Mcgraw-hill Series Operations and Decision Sciences)
7th Edition
ISBN: 9781259666094
Author: Erik W. Larson, Clifford F. Gray
Publisher: McGraw-Hill Education
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Chapter 6, Problem 8E
You have signed a contract to build a garage for the Simpsons. You will receive a $500 bonus for completing the project within 17 working days. The contract also contains a penalty clause in which you will lose $100 for each day the project takes longer than 17 working days.
Draw a project network given the information below. Complete the forward and backward pass, compute the activity slack, and identify the critical path. Do you expect to receive a bonus or a penalty on this project?
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You have to manage a project with activities and their respective durations as listed in the table below. Draw a network diagram, Calculate the forward, backward pass, total slack, free slack and identify the critical path.
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photo attached-
Calculate and insert ALL missing Earliest Start or Earliest Finish at each Activity.
Calculate and insert ALL missing Latest Start and Latest Finish at each Activity.
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Chapter 6 Solutions
Project Management: The Managerial Process (Mcgraw-hill Series Operations and Decision Sciences)
Ch. 6 - How does the WBS differ from the project network?Ch. 6 - How are WBS and project networks linked?Ch. 6 - Why bother creating a WBS? Why not go straight to...Ch. 6 - Why is slack important to the project manager?Ch. 6 - What is the difference between free slack and...Ch. 6 - Why are lags used in developing project networks?Ch. 6 - What is a hammock activity, and when is it used?Ch. 6 - Here is a partial work breakdown structure for a...Ch. 6 - Draw a project network from the following...Ch. 6 - Draw a project network from the following...
Ch. 6 - Draw a project network from the following...Ch. 6 - Draw a project network from the following...Ch. 6 - From the following information, develop an AON...Ch. 6 - The project information for the custom order...Ch. 6 - You have signed a contract to build a garage for...Ch. 6 - You are creating a customer database for the...Ch. 6 - K. Nelson, project manager of Print Software....Ch. 6 - A large Southeast city is requesting federal...Ch. 6 - You are creating a customer database for the...Ch. 6 - You are completing a group term paper. Given the...Ch. 6 - You are managing a product upgrade project for...Ch. 6 - You are creating a database for the Oklahoma City...Ch. 6 - The planning department of an electronics firm has...Ch. 6 - Using Microsoft Project, set up the network and...Ch. 6 - The optical disk project team has started...Ch. 6 - From the following information, compute the early,...Ch. 6 - Given the following information, compute the...Ch. 6 - Given the information in the following lag...Ch. 6 - Given the network below, compute the early, late,...Ch. 6 - The CyClon project team has started gathering...Ch. 6 - Advantage Energy Technology Data Center...Ch. 6 - Advantage Energy Technology Data Center...Ch. 6 - Advantage Energy Technology Data Center...Ch. 6 - The GE Company is preparing a bid to build the new...Ch. 6 - The GE Company is preparing a bid to build the new...Ch. 6 - The G&E Company is preparing a bid to build the...
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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.Similar questions
- Construct a Gantt chart and project network for the following set of activities, compute the length of each path in the network, and indicate the critical path:arrow_forwardFrom the following information, develop an AON project network. Complete theforward and backward pass, compute activity slack, and identify the critical path.How many days will the project take?arrow_forwardThere are four critical paths in a network. A-B-C-D-E, A-F-G-E, A-H-J-K-L-E and A-S-T-E. Each activity in this network can be crashed by 100 hours. The maximum possible reduction in the project duration will be: a. Insufficient information b. 1300 hours c. 500 hours d. 400 hours e. 600 hourarrow_forward
- You are provided with the following information for a project, with activity durations given in weeks:  Activity          Immediate      Optimistic      Most Likely   Pessimistic                                    Predecessor    Time (a)         Time (m)        Time (b)     A                   ____              2                    3                    4     B                   ____              2                    4                    6     C                   A                   1                    2                    3     D                   B                   3                    6                    9     E                   C, D                7                    8                    9     F                    D                   4                    7                    10     G                   E                    3                    4                    5     H                  E, F…arrow_forwardConstruct a Gantt chart for the following set of activities, and indicate the project completion time and slack for each activitarrow_forwardFrom the following information, develop an AON project network. Complete the forward and backward pass, compute activity slack, and identify the critical path.How many days will the project take?arrow_forward
- Draw the network diagram. Calculate the expected duration and variance of each activity. Calculate the expected duration and variance of the critical path. Calculate the probability that the project will be completed in less than 28 weeks.arrow_forwardConstruct this problem. Draw a network diagram, determine the early start, early finish, late start, late finish, and slack times for each activity (table), determine how long the project will take, and which activities are on the critical path.arrow_forwardDetermine critical path for the project by calculating the slack for each activityarrow_forward
- Suppose you are the project manager for the following project: First, draw a network diagram for the project. Determine the critical path and slack times for all of the tasks. This completes your plan for the project schedule. During project execution, you become aware of the need to change the duration of Task 4 to five days. Meanwhile, Task 3 has been finished one day early, so it only took one day to do. What, if any, effects do these changes have on your project? What would have happened if you had not been monitoring the status of the project?arrow_forwardDetermine the amount of slack in each of a project's activities (presented below), and identify those that are on the critical path.arrow_forwardThe project detailed in the table below is contracted for delivery in 11 weeks, with a penalty clause requiring the contractor to pay a penalty of $2000 for each week late. The project must therefore be expedited. The possible reductions and associated costs are shown in the table. Times in the table are given in weeks. Only activity 4 can be expedited two weeks. The other activities can be expedited one week. (a) Determine the critical path(s), the expected duration of the project, and the slack time for each activity (indicate value on network)? What is the total project cost with penalty included? (b) How could the project time be reduced to 11 weeks and what is the total project cost?  Activity Immediate predecessor Normal time Expedited time Normal cost ($) Expedited cost ($)  1 - 4 3 5,000 6,900  2 - 2 2 3,000 3,000  3 1 5 4 7,000 9,200  4 2 6 4 9,000 11,000  5 2 5 4 6,000 7,800…arrow_forward
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