Draw the project network, Draw the project network. Based

Draw the project network

Assignment Help Managerial Accounting

Reference no: EM132741714

A project has been subdivided into five activities. Their immediate predecessors and the estimated activity durations (optimistic, most likely, and pessimistic) are shown in Table 1

                    Activity    Immediate    Predecessor               Estimate duration (in days)
A -    1,    2,    3
B                 -                       1,    3,    5
C                  A,                     B                         3,                                4, 5
D                   A,                          C                     2, 2, 2
E    C, D 1,    2,    21

Problem (a) Draw the project network. Based on the mean activity durations, calculate all earliest and latest starting and finishing times, and the total floats of all activities. What is the critical path? What is its duration?

Problem (b) Calculate the variance and standard deviation on the critical path.

Problem (c) Calculate the probability that the project will be finished between 11 and 15 days.

Problem (d) What is the probability that the project will be finished within 14 days? What is the probability that the project will be finished in exactly 14 days?

Reference no: EM132741714

Questions Cloud

What does a put-call ratio imply : Sam Will is from New Zealand and now he is interested in investing in the Australian equity market. What does a put-call ratio imply

Explain what is meant by a dichotomy of demand : 1. Explain what is meant by a dichotomy of demand and supply in airline economic analysis.

Which you will use statistical techniques : Throughout this course, you will be working on a research project, in which you will use statistical techniques.

Show the relevant cost of capital for each source of finance : Show the relevant cost of capital for each source of finance and compute the weighted average cost of capital (WACC) for the company.

Draw the project network : Draw the project network. Based on the mean activity durations, calculate all earliest and latest starting and finishing times, and the total floats of all acti

Sourcing or supplier perspective : Are you writing this case from a sourcing or supplier perspective? Provide details of the experience and the end result.

Performance disputes : Performance Disputes. include disputes between subcontractors and general contractors, designers and owners,

What is hy boise storeexpected roi : What is the store's expected ROI if the manager invests in Ace's inventory and carries the appliance line? What is Hy's Boise store's expected ROI

Concept of federalism and doctrine of separation of powers : Describe the concept of federalism and the doctrine of separation of powers. Explain the doctrines of equal protection and due process.

User Account

All Pages