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The following project includes six activities. Three units of resources are available in each week. Activity Immediate Predecessor Duration (in weeks) Resource requirement A -
The following project includes six activities. Three units of resources are available in each week. | ||||||||||||||
Activity | Immediate Predecessor | Duration (in weeks) | Resource requirement | |||||||||||
A | - | 1 | 1 | |||||||||||
B | - | 3 | 2 | |||||||||||
C | A | 4 | 2 | |||||||||||
D | A,B | 5 | 1 | |||||||||||
E | B | 3 | 2 | |||||||||||
F | C,D,E | 2 | 2 | |||||||||||
1) Conduct a Critical Path Analysis to identify the ES, EF, LS, LF of each activity. Create a network diagram on a scrape paper. | ||||||||||||||
a) | What activities are on the critical path? | |||||||||||||
b) | How long would it take to complete the project if only the technical constraints are considered (i.e. resource constraints are NOT considered). | |||||||||||||
2) Create a Scheduled Resource Load Table in the space below (just like the table we used in class) to analyze the resource release schedule of the activities. | ||||||||||||||
a) | How long would it take to complete the project if BOTH technical and resource constraints are considered? | |||||||||||||
3)The following table contains the information about the estimated weekly budget for each activity of the same project. | ||||||||||||||
Activity | Duration (in weeks) | Budgeted cost by week (in $000) | ||||||||||||
Week 1 | Week 2 | Week 3 | Week 4 | Week 5 | ||||||||||
A | 1 | 8 | ||||||||||||
B | 3 | 4,5 | 4,5 | 6 | ||||||||||
C | 4 | 3,5 | 5 | 5,5 | 5,5 | |||||||||
D | 5 | 5 | 5 | 6 | 6 | 6 | ||||||||
E | 3 | 4,5 | 5,5 | 4,5 | ||||||||||
F | 2 | 4 | 4 | |||||||||||
a) | In the space below, create a Time-Phased Budget Baseline table to analyze the Weekly Total Budget and Cumulative Budget of the project. | |||||||||||||
b) | According to your analysis in 3-a) above, in which week would we expect to release the largest amount of budget, and for how much? | |||||||||||||
c) | In the space below, create a Weekly and Cumulative Budget combo chart for the project. The cumulative budget should be presented as a line (with markers), and the weekly budgets should be presented as columns. | |||||||||||||
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