Question
Consider the following project. Use activity times as the most likely time for determining the critical path. Use the optimistic and pessimistic times (together with
Consider the following project. Use activity times as the most likely time for determining the critical path. Use the optimistic and pessimistic times (together with activity times) to determine expected completion time limits
1. Draw PERT Chart with earliest and latest start and finish times/activity. Fill in the slack time in the table for each activity. Show the slack time for each path for all paths and show Critical Path (CPM) and CPM time.
2. What is the expected time for 68, 95 and 99 percent Confidence Interval (CI) for the project?
3. Show the (ID 0=55%, ID1=60%, ID 2=70%, ID 3=80%, ID 4=85%, ID 5=50%, ID 6=65%, ID 7=75%, 8=99.5%, ID 9=97.5%, Confidence Interval for the project (use section 7.4.3. page 225 for parts 2/3)
Activity Time 5 Staff Rouired Optimistic Pessimistic Time Time DO Preeting Stzt End Activity Activity Mode Node - - 2 C - 1 S 3 DAB 1 E B T5 F E 5 End CE 3 Find 14 End 31 32 6 4 Activity Time 5 Staff Rouired Optimistic Pessimistic Time Time DO Preeting Stzt End Activity Activity Mode Node - - 2 C - 1 S 3 DAB 1 E B T5 F E 5 End CE 3 Find 14 End 31 32 6 4 Activity Time 5 Staff Rouired Optimistic Pessimistic Time Time DO Preeting Stzt End Activity Activity Mode Node - - 2 C - 1 S 3 DAB 1 E B T5 F E 5 End CE 3 Find 14 End 31 32 6 4 Activity Time 5 Staff Rouired Optimistic Pessimistic Time Time DO Preeting Stzt End Activity Activity Mode Node - - 2 C - 1 S 3 DAB 1 E B T5 F E 5 End CE 3 Find 14 End 31 32 6 4Step by Step Solution
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