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!!! Que A small software development project at Krishna Dhirs firm has five major activities. The times are estimated and pr
2. what is the project variance value of completion?
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Answer #1

EXPECTED TIME = (A + (4M) + B) / 6; WHERE A = OPTIMISTIC TIME, M = MOST LIKELY TIME, B = PESSIMISTIC TIME

VARIANCE = ((B - A) / 6)**2


ACTIVITY

EXPECTED TIME

VARIANCE

A

(2 + (4 * 5) + 8) / 6 = 5

((8 - 2) / 6)^2 = 1

B

(3 + (4 * 6) + 9) / 6 = 6

((9 - 3) / 6)^2 = 1

C

(4 + (4 * 7) + 10) / 6 = 7

((10 - 4) / 6)^2 = 1

D

(2 + (4 * 5) + 14) / 6 = 6

((14 - 2) / 6)^2 = 4

E

(3 + (4 * 3) + 3) / 6 = 3

((3 - 3) / 6)^2 = 0


CPM


ACTIVITY

DURATION

ES

EF

LS

LF

SLACK(LF-EF)

CRITICAL

A

5

0

0 + 5 = 5

5 - 5 = 0

MIN LS(C) = 5

5 - 5 = 0

YES

B

6

0

0 + 6 = 6

9 - 6 = 3

MIN LS(D) = 9

9 - 6 = 3

C

7

MAX EF( A) = 5

5 + 7 = 12

12 - 7 = 5

MIN LS(E) = 12

12 - 12 = 0

YES

D

6

MAX EF( B) = 6

6 + 6 = 12

15 - 6 = 9

15

15 - 12 = 3

E

3

MAX EF( C) = 12

12 + 3 = 15

15 - 3 = 12

15

15 - 15 = 0

YES

FORWARD PASS: ES = MAXIMUM EF OF ALL PREDECESSOR ACTIVITIES; 0 IF NO PREDECESSORS ARE PRESENT. EF = ES + DURATION OF THE ACTIVITY

BACKWARD PASS: LF = MINIMUM LS OF ALL SUCCESSOR ACTIVITIES; COMPLETION TIME OF THE PROJECT IF NO SUCCESSORS ARE PRESENT. LS = LF - DURATION OF THE ACTIVITY

SLACK = LF - EF, OR, LS - ES

CRITICAL PATH = PATH WITH THE LONGEST COMBINED DURATION VALUE AND 0 SLACK

CRITICAL PATH = ACE

DURATION OF PROJECT = 15

VARIANCE OF PROJECT = VARIANCE OF CRITICAL PATH = 1 + 1 + 0 = 2

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