Answered step by step
Verified Expert Solution
Question
00
1 Approved Answer
Question part A A research project is scheduled for implementation based on the network shown. The estimated activities and manpower required for the research project
Question part A A research project is scheduled for implementation based on the network shown. The estimated activities and manpower required for the research project is as Indicated in Table 1 Achey ma Activity Manpower Activity ambte std deviation variance Predeces Activity Expected Variance Standard Requiem Times Te o Dew 4 8 12 8 1.333333333 1.777777778 Mami B 8 12 16 12 1.333333333 1.777777778 6 0.666666667 0.444444444 A 18012 al ACTAD) B ACTRG D 1 2 3 2 0.333333333 0.111111111 C 100D ACT C-4 6 8 16 9 1.666666667 2.777777778 D B d ACTD- D 1016 ACTES 3 0.333333333 0.111111111 CE D ACTIO G 4 6 14 7 1.666666667 2.777777778 D 1961 ACTOR) H FO H 2 585 1 1 100215 A G Q6: Calculate the z-value and the probability, p that the project can be completed within 27months and also 33 months of the expected duration Is Q7: If the firm can complete the project within 27 months, it will be awarded an extra bonus of RM 50,000. However, if the project delayed beyond 33 months, it would pay a penalty of RM 20,000. As the project manager, advise your firm whether or not to bid this project, knowing that the project is normally a breakeven one. Justify your answer based on the selected decision, why are you going to bid or not to bid on this project? Q8: Construct the LS-LF Gantt chart and resource allocation diagram based on the schedule. Determine if levelling required given that the number of machines available is limited to twelve (12). Justify your answer based on the selected decision. If yes, how? If not, why? Question part A A research project is scheduled for implementation based on the network shown. The estimated activities and manpower required for the research project is as Indicated in Table 1 Achey ma Activity Manpower Activity ambte std deviation variance Predeces Activity Expected Variance Standard Requiem Times Te o Dew 4 8 12 8 1.333333333 1.777777778 Mami B 8 12 16 12 1.333333333 1.777777778 6 0.666666667 0.444444444 A 18012 al ACTAD) B ACTRG D 1 2 3 2 0.333333333 0.111111111 C 100D ACT C-4 6 8 16 9 1.666666667 2.777777778 D B d ACTD- D 1016 ACTES 3 0.333333333 0.111111111 CE D ACTIO G 4 6 14 7 1.666666667 2.777777778 D 1961 ACTOR) H FO H 2 585 1 1 100215 A G Q6: Calculate the z-value and the probability, p that the project can be completed within 27months and also 33 months of the expected duration Is Q7: If the firm can complete the project within 27 months, it will be awarded an extra bonus of RM 50,000. However, if the project delayed beyond 33 months, it would pay a penalty of RM 20,000. As the project manager, advise your firm whether or not to bid this project, knowing that the project is normally a breakeven one. Justify your answer based on the selected decision, why are you going to bid or not to bid on this project? Q8: Construct the LS-LF Gantt chart and resource allocation diagram based on the schedule. Determine if levelling required given that the number of machines available is limited to twelve (12). Justify your answer based on the selected decision. If yes, how? If not, why
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started