Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The three-time estimates (optimistic, most likely and pessimistic) for the duration of the individual activities which form a construction project are presented in Table
The three-time estimates (optimistic, most likely and pessimistic) for the duration of the individual activities which form a construction project are presented in Table 2.1 below. Activity A B C D E F G H Immediate Predecessors A,B C D E C F.G I. II. III. IV. Optimistic 4 2 2 16 6 1 4 2 Table 2.1 Most Likely 7 4 5 19 13 8 10 5 1. For all project activities determine the expected times and variances. Pessimistic 10 8 8 28 24 13 28 14 (4 marks) 2. Draw the Activity on Node diagram filling in the following information for all activities. Earliest and Latest Start & Finish Activity Descriptor Duration and Float Earliest time for Completion and Critical Path 3. What is the probability of completing the project in 56.5 days? 4. Based on the critical path, what completion date are you 95% achieving? (8 marks) (3 marks) confident of (2 marks) 5. Which of the above task would cause you concern from a project management point of view? Why (2marks)
Step by Step Solution
★★★★★
3.25 Rating (151 Votes )
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored 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