As per PERT method,
Expected time = (Optimistic time + 4*Most Likely Time + Pessimistic time)/ 6
Expected time = (1.5 hours + 4* 2 hours + 7 hours)/ 6 = 2.75 hours or 2 hours 45 minutes.
Based on the calculated expected time of 2 hours 45 minutes starting from noon. Hence, you will be able to complete the project around expected time of 2:45 PM and likely to leave work even before 3 PM (not exactly at 3 PM though).
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Question 30 Not yet answered Points out of 20.00 Flag question Scenario At noon on Friday,...
Question 22 Not yet answered Points out of 4.oo Flag question When do creative people get their good ideas? Assume that the survey of 963 inventors gives the following information Time of Day When Good Ideas Occur Time 6 A.M. 12 noon 12 noon - 6 P.M 6 PM. 12 midnight 12 midnight 6 A.M. Assuming that the time interval includes the left limit and all the times up to but not including the right limit, estimate the probability that...
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QUESTION 5 Wh en planning a project there are several key points that must be considered. A bar chart based on the work breakdown structure (WBS) of a plant is a very clear means of presenting a programme of work. Draw a bar chart and a resource chart derived from the bar chart showing all salient values. [14] QUESTION 6 Table 1 shows the activities for a certain project. Due to the complexity of activities the project...
Project Schedules and Scheduling Tools In this assignment, you will create a schedule for the month of December of this year for your team members—John, Sally, Pedro, and Eunice. While creating the schedule, keep in mind the following conditions: Every employee in the company needs to work for 45 hours per week. John works from Saturdays to Wednesdays in the 6:00 a.m. to 4:00 p.m. shift, with a 1-hour lunch break. Sally works from Mondays to Thursdays in the 3:00...
2. You are in charge of planning and coordinating next fall's sales management training program ur company. You have never done this before, but you decided to use the lessons from for yo your BUS 190 class to develop a table of tasks to be done, their immediate predecessors, and the most pessimistic, optimistic, and frequent times for each task. The table you developed is below: Task completion time estimate (weeks) Most Immediate Variance Task Predecessor Optimistic probable Pessimistic Mean...
Choose an event or significant task and prepare an activities
list following a format similar to that used in the text, Table
9.3, Chapter 9, page 391. Be sure to include the immediate
predecessors.
Then, create a project network similar to that shown in Figure
9.7, Chapter 9, page 392.
Do NOT include times for the activities and do NOT attempt to
determine the critical path.
Examples of events you might consider (there are many
others):
formal dinner for 5...
1. When finding the approximate probability of project duration, it is necessary to know which of following? a. The mean and variance of each activity b. The mean of each activity on the CP c. The sd of only the activities on the CP d. Each activity's probability of completion e. The distribution of activity times 2. The sd of a path is computed as: a. the sum of the sd of all activities on the path b. the square...
Recently, you were assigned to manage a project for your company. You have constructed a network diagram depicting the various activities in the project (shown below to the right). In addition, you have asked your team to estimate the amount of time that they would expect each of the activities to take. Their responses are shown in the following table: ơ Time Estimates (days) Optimistic Most Likely Pessimistic Activity ơ ال 7 کره ) | Start Finish 6 ای یا...
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Time Estimates (in weeks) for SOM's Bus Project is given in the following table. Activity Optimistic time Most likely time Pessimistic time A 2 4 6 B 3 5 8 Ic с 4 6 8 D 3 5 10 Please help the project management team to find the standard deviation of Activity D. keep two decimals if not exact, either round up or down is ok. For example, for 0.1346, (0.13 or 13) and (0.14 or.14)...
Gamma, Exponential, Weibull and Beta Distributions (Part
3)
1. The random variable X can modeled by a Weibull distribution with B = 1 and 0 = 1000. The spec time limit is set at x = 4000. What is the proportion of items not meeting spec? 2. Suppose that the response time X at a certain on-line computer terminal (the elapsed time between the end of a user's inquiry and the beginning of the system's response to that inquiry) has...
2. Given the table below (10 pts): A. Draw the project network B. Calculate the expected time to complete each activity as well as the variance (or standard deviation) associated with that time C. Determine the time associated with each potential path and denote the critical path D. Given the calculated data, what is the probability of completing the project in 30 days? 35 days? E. If you were to try to improve your performance (in terms of time), what...