Identify the critical path and compute project duration

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Reference no: EM132190975

Assignment 1

1) Following are elements of a WBS for a project to build a bunk bed. Using the information supplied here, create a WBS and carry out a bottom-up cost estimate.

 

Cost($)

Rate ($/hr)

Time (hrs)

Research:

Jimmy' time

1

2

 

Dad's time

25

2

Materials:

Lumber                                          200

 

 

 

Hardware                                        45

 

 

 

Power equipment rental                 65

 

 

 

Jimmy's time to acquire materials

1

3

 

Dad's Time to acquire materials

15

3

Construction:

Jimmy's time

1

8

 

Dad's time

20

8

Inspection:

Mom's time

10

0.5

2) Following is a listing of items to be considered in costing a PC game development project. Use this data to develop a parametric estimate of the cost of the project.

                                      Cost ($)       Rates($/hr)  Time (hr)

Resources:                  Designers                30               100

Artists                                                     25               200

Programmers                                            25              1000

Work Station                        3000

Contracted Testing Group                            50               100

Marketing Materials                1500

Fringe benefits:                    30% of Direct Wages

Overhead:                            70% of (Direct Wages + fringes)

3) For the table below

Task

Predecessor

Duration
(in days)

Latest
start

Earliest
start

Float (slack)

A

Start

5

 

 

 

B

A,D

8

 

 

 

C

13

9

 

 

 

D

Start

6

 

 

 

E

D

12

 

 

 

F

Start

12

 

 

 

G

F

7

 

 

 

a) Create a PERT/CPM chart
b) Identify the critical path and compute project duration
c) Compute Latest Start, Earliest Start, and Float (Slack)

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The task file answered three problems related to project management. Work breakdown structure, project cost estimation and timeline were depicted in the answers. All three problems were resolved completely,

Reference no: EM132190975

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