Doug Casey is in charge of planning and coordinating next springs sales management training program for his
Question:
Doug Casey is in charge of planning and coordinating next spring’s sales management training program for his company. Doug listed the following activity information for this project:
a. Draw a project network.
b. Prepare an activity schedule.
c. What are the critical activities and what is the expected project completion time?
d. If Doug wants a 0.99 probability of completing the project on time, how far ahead of the scheduled meeting date should he begin working on theproject?
Time (weeks) Immediate Predecessor Optimistic Most Probable Pessimistic Activity Description Plan topic Obtain speakers List meeting locations Select location Finalize speaker travel plans Make final check with speakers Prepare and mail brochure Take reservations Handle last-minute details 2.0 2.5 6.0 1.0 1.5 0.5 B, D B, D F. H 2.0 2.0 1.0 2.0 3.5 4.0 3.0 5.0 1.5
Step by Step Answer:
a b Activity Expected Time Variance A 2 003 B 3 044 C 2 011 D ...View the full answer
Quantitative Methods for Business
ISBN: 978-0324651751
11th Edition
Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey cam
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