Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

UPEI has a project to set up the speakers for the next term for the executive MBA program. The project has 12 activities with the

UPEI has a project to set up the speakers for the next term for the executive MBA program. The project has 12 activities with the below time frames in days and precedence's. The Fall Business Operations class of 2021 has been given the task to determine if the time constraints make the project feasible and what the probability is that the project could be done within39working days. Use two decimals for all variance factions. Given the following probabilistic activity time estimates, predecessor table determine the following:

a) Draw the network diagram (10 Marks)

b) Determine the mean time for each activity that isblankin the below table. (5 Marks)

c) Determine theCritical Pathand itsVariance(10 Marks)

d) ProvideEarly Start(ES), Early Finish(EF), Late Start(LS), Late Finish(LF), and Slack, for each node (15 Marks)

e) What is the probability that the project can be completed in 39 days.Show Work(10 Marks)

image text in transcribed

Data in Days Mean Time Predecessor Activity Optimistic Likely pessimistic 4 A 3 4 5 4 B 3 4 5 3 A C 2 3 4 A D 4 6 8 5 B E 4 5 6 B F 2 5 8 6 C.D G 2 6 10 4 E.E H 2 3 10 4 G.H 3 3 9 G J 8 10 18 LK K 2 8 14

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Project Management A Systems Approach to Planning Scheduling and Controlling

Authors: Harold Kerzner

10th Edition

978-047027870, 978-0-470-5038, 470278706, 978-0470278703

More Books

Students also viewed these General Management questions

Question

What is the mode?

Answered: 1 week ago

Question

30. Let A and B be m x n matrices. Show that tr (A'B) = tr (AB').

Answered: 1 week ago