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Organizational Behavior Inductive Reasoning

This document presents a project schedule with activities, earliest start and finish times, latest start and finish times, slack, and critical path. The critical path is activities G, H, and F with a total duration of 19 weeks. The minimum time to complete the project is 19 weeks. Using the PERT method and mean times, the critical path is again G, H, F with a mean duration of 19 weeks and variance of 0.33 weeks squared. A reasonable estimate for project completion is 19 weeks.

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Nikky GS
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35 views2 pages

Organizational Behavior Inductive Reasoning

This document presents a project schedule with activities, earliest start and finish times, latest start and finish times, slack, and critical path. The critical path is activities G, H, and F with a total duration of 19 weeks. The minimum time to complete the project is 19 weeks. Using the PERT method and mean times, the critical path is again G, H, F with a mean duration of 19 weeks and variance of 0.33 weeks squared. A reasonable estimate for project completion is 19 weeks.

Uploaded by

Nikky GS
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Project Management Quiz

ACTIVITY LF – EF LS – ES SLACK CRITICAL PATH


A 8-3 5-0 5
B 12 - 7 8-3 5
C 14 - 10 12 - 8 4
D 12 - 4 8-0 8
E 12 - 8 4-0 4
F 19 - 19 14 - 14 0 
G 9-9 0-0 0 
H 14 - 14 9-9 0 

Critical Path = G-H-F = 19 weeks.


Minimum project completion time = 19 weeks.

(a) Using the CPM method, the project time estimate is 19 weeks.

(b) The critical path is G-H-F. It is the longest path in the project network. The critical path activities are
G, H and F. These are the activities that have a slack equal to zero.

(c)

Most
Optimistic Likely Pessimistic
Activity Predecessor Time Time Time Mean Variance
A - 2 3 4 3 0.111111
B A 3 4 5 4 0.111111
C B, D, E 1 2 3 2 0.111111
D - 3 4 5 4 0.111111
E - 7 8 9 8 0.111111
F C, H 4 5 6 5 0.111111
G - 8 9 10 9 0.111111
H G 4 5 6 5 0.111111

Critical Path: G-H-F


Mean: 9+5+5 = 19 weeks
Variance: 0.11 + 0.11 + 0.11 = 0.33 weeks squared

Using the PERT method, based on the mean times, G-H-F is the critical path with a normally distributed
project duration with mean of 19 weeks and variance of 0.33 weeks squared. That is mean of 19 weeks
and standard deviation square root (0.33) = 0.57 weeks.

For a conservative estimate, 19 + 3*standard deviations = 19 + 3*0.57 weeks = 20.71 weeks would be a
conservative estimate for project completion. However, there is a great chance that the project can be
completed in less time than the conservative estimate given. A reasonable estimate can be defined as
the most likely time estimate, which is the time that a reasonable person would generally assume it
would take to complete the project. The reasonable time estimate for completion of this project
network = mean + 0*standard deviation, which is equal to 19 weeks. This would usually be considered
as a risky estimate, but since there are 4 nodes that do not have predecessors, and can therefore, be
started at time 0, the estimate using the mean and no standard deviations, may not be so risky after all,
and we can make the assumption that there sufficient resources to start those 4 activities at time 0.

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