Section 1

Discuss PERT, CPM and Gantt based on the following scenarios

1. What are the purposes of each tool and circumstances for using each tool? Also consider whether these tools can be used independently or if they should ideally be used together.

2. What are the differences and similarities between the activity-on-node and activity-on-arrow (or activity-on-arc) diagramming techniques?

3. Propose and describe in text form a sample project that you would theoretically develop into a PERT diagram and Gantt chart. For example, "Building a car would consist of the following steps…"(briefly outline the steps as task statements).

Section 2

Postulate the critical path of your sample hypothetical project: What would be the critical path sequence? Review and answer each question:

1. Your boss owns 2,000 shares of stock of one of the vendors, his wife works for another vendor, and he is on the procurement selection committee for the project.

2. A third vendor in contention for this project has offered everyone on your team tickets to the hockey game this weekend in the company box with dinner included.

3. Your stock broker is recommending the purchase of a technology mutual fund that contains stock belonging to several of the vendors in contention. In your opinion, are there any ethics violations in these three scenarios? For each scenario, is there a way to avoid the ethics conflict? What do you see as the legal ramifications of your alternatives on the effectiveness of the project? Will the alternatives positively or negatively affect the effort?