Critical Path Method and Path Expected Time Essay

Submitted By ahenkemeyer

Words: 404

Pages: 2

Open Document

BADM 425 -- Problem Assignment #10
Project Management (20 pts.)
Due: by 11:59 P.M. (CT) 05/04/15

This assignment has two separate problems. Complete the following problems and submit the file (in MS Word format) to the appropriate D2L drop box for this assignment. You must show me your work (computations) in this document in order to earn the credit. Handwriting on the screen or uploading a photo of handwritten work is unacceptable. I expect you to use the editing capabilities of MS Word to complete this problem -- I must be able to evaluate your responses. Do not change the filename (425Problem10.docx) when you submit the file to the dropbox.

1. 1Using the information in the following project diagram where deterministic times are in days:

a) Complete the following table.

Activity
Time
ES
LS
EF
LF
Slack
Critical Path (y/n)
A
5
0
0
5
5
0
No
B
5
0

5

5
Yes
C
4
0

4

4
No
D
6
5

11

6
No
E
9
5

14

9
Yes
F
2
5

0
Yes
G
3
0
0

0
Yes
H
6
4

10

6
No
I
1
6
0
7

0
No

b) Identify all paths, their expected times, and total slack for each path in the project and specify the critical path. What is the expected project duration?
The expected duration time is 19 days.
A,D,F, and G. 5+6+2+3= 16
B,E,f and G are the critical path because it is the longest path = 5+9+2+3= 19
C,H, and I = 4+6+1 = 11
C,H, and G = 4+6+3 = 13

2. 2Bull Dozier, Project Superintendent for the Carefully Planned Monuments (CPM) Co., is about to begin a project comprised of the following six activities:

TIME ESTIMATES (days) ACTIVITY PRECEDED BY

Toys City Inc. Essay

based on the Critical Path Method (CPM), the network diagram of the work of different audit areas comes as Figure 1, and we can find that the critical path which is the series of activities using the longest time to complete is Activity 1-2-5-7-10-13-15. It means that if there is any delay on Activity 1, 2, 5, 7, 10, 13, 15, the whole project would be delayed also. However, David is only responsible on the auditing of liquid assets which is Activity 4 which is not in the critical path. The vacation…

Words 1210 - Pages 5

Construction Management Essay

“Construction planning and scheduling is a logical analysis of a construction project together with all of its parts, and a thorough knowledge of construction methods, materials, and practices” (Mohamed, 2006 cites Fisk, 1997). To overcome the challenges of expected duration, associated with the PERT method, Monte Carlo simulations can be used as an alternative. Monte Carlo simulation approach is the system used to consider variability of project component durations and the uncertainty of proliferation…

Words 535 - Pages 3

Essay on Ops final study guise

are three basic strategies: low cost, responsiveness, and differentiation from competitors. Other strategies include scale-based strategies, specialization, newness, flexible operations, high quality, service, and sustainability. Tactics are the methods and actions used to accomplish strategies. They are more specific than strategies, and they provide guidance and direction for carrying out the actual operations. Strategic operations decision comes from senior management, are focused on long-term…

Words 3629 - Pages 15

FARE Operations Mangement Chapter 3 Notes Essay

is unique or unfamiliar to the organization Work contains complex interrelated tasks requiring specialized skills Project is temporary but critical to the organization Project cuts across organizational lines Ethical issues in project management Contractors offer gifts/bribes Pressure to alter status report to mask delays False reports of charges, time and expenses Pressure to compromise quality to meet bonus or penalty schedules Work Breakdown Structure- a hierarchal description of a project…

Words 1202 - Pages 5

Project Study Guide Essay

Institute. benefit measurement methods A type of decision model that compares the benefits obtained from a variety of new project requests by evaluating them using the same criteria and comparing the results. co-located work together at the same physical location. constrained optimization modules Decision Models that use complex principles of statistics and other mathematical concepts to assess a proposed project. cost-benefit analysis A commonly used benefit measurement method that calculates the cost…

Words 3281 - Pages 14

Developing an IT network for a chain store Essay

To develop network backbone that carried high speed transmission path of a café (tea coffee) data work flows for five business locations with centralize server control system. The above project will give the concept of types and topologies use in the networking, hardware infrastructures require in the backbone network, software's require in the network and the server operating systems. Project Mission: To establish high speed data transmission path in a network. Project accomplishment and Step: The above…

Words 3174 - Pages 13

Essay about Coleman Managerial Report

ii. Optimistic time (a) = the minimum activity time if everything progresses ideally. Most Probable time (m) = condition. iii. Pessimistic time (b) = the maximum activity time if significant delays are encountered Below table is the result for the uncertain activities time achieved. Table 2: Probable timing in weeks Time Optimistic Activity (a) (m) A B C 4 6 2 6 8 4 8 16 6 Most Probable (b) Pessimistic the most probable activity time under normal Page 6 D E F G H I…

Words 4068 - Pages 17

A&D High Tech Essay

The problem now is that the project schedule needs to be crashed so that it’s statistically and significantly probable that the schedule can be completed in time to meet the deadline within a reasonable budget increase. Alternatives Since the finishing time on November 27th is risky and has only 37% likelihood of completion; we have to look into other alternatives for shortening the project schedule with the least cost possible. In this section we will…

Words 4231 - Pages 17

Southwestern University - Traffic Problem Essay

Highway be widened, and that only a few select roads that are deemed critical be expanded to produce the maximum number of cars per hour in this road system. Technically speaking, this will not reach the desired 35,000 cars per hour capacity that Dr. Starr is projecting, but this is the maximum number already considering the road’s constraints. Additional capacity can only be done if there was no limit in the number of times a road can be expanded (i.e.: Node 4 to 7 ; 4 + 2 + 2 = 8 units) Since…

Words 1570 - Pages 7

Clinical Care Pathways (CPW)

Clinical Care Pathways (CPW) are complex interventions with standardized care process for well-defined groups of patients, during a specifically defined period to time. CPWs are an effective way to improve patient safety and quality of care. They were first introduced in the late 1980’s in response to the introduction of Diagnosis Related Groups(DRGs) in 1983 (Panella et al 2012). There are several trends impacted by Care Pathways which include reduction of length of stay and hospital cost, improvement…

Words 1686 - Pages 7