Homework#6: Project Management 1. (PERT/CPM Problem) Tom Schriber, a director of personal of Management Resources, Inc. is in the process of designing a program that is customers can use in the job-finding process. Some of the activities include preparing resumes, writing letters, making appointments to see prospective employers, researching companies and industries, and so on. Some of the information on the activities is shown in the following table: Activity Days A B C D E F G H I J K L I a m b 8 10 12 6 7 9 3 3 4 10 20 30 6 7 8 9 10 11 6 7 10 14 15 16 10 11 13 6 7 8 4 7 8 1 2 4 b) Immediate Predecessors tlatcimtb , A C B, D , E B, D, E F F G, H I, J G, H 10 6 BY rag / 41g 7. 2 114 3.2 1136 20 1001g 7 11g 10 119 7. 3 419 IS 119 II. 2 114 7 b. 7 2.2 ? 119 419 114 a) Construct a network for this problem. b) Determine the expected time and variance for each activity. c) Determine EST, EFT, LST, LFT and slack for each activity. . . d) Determine the critical path and project completion time. e) Determine the probability that the project will be finished in 70 days or less. f) Determine the probability that the project will be finished in 80 days or less. g) Determine the probability that the project will be finished in 90 days or less. 0 A) , C) O 0 10 10 A D 30 7 2030 10 10 10 0 > B O O 7.2 O 22.87.230 O ✓ ✓ , 19.8 ✓ 40 IS 55 0 F 40 40 3.2 3.2 C- 10.2 23 7 30 I 19.8 critical path project completion 3.2 23 A : time - : D - F - - J - K ✓ 30 10 µ , 30 G 7 37.3 47.77.355 L 57.2 66.52.2 68.7 55 J - g É , J 62 55 7 62 . 4-gtlgttgttgttg.tt todays 3.51 : probability or 0.51-0.1443 70-68.7 : 0.37 From 2=7 : 3. SI = O v68.7 ET 68.7 > : : 6.768.7 68.70 68.7 101-201-10 1-151-71-6.7=68.7 : top 62 ✓ 11.5 ✓ 55 i. z :X 68.7 0 40 days 68.7 E--68.7 e) H ? 51,2 → 1%8 C K 10.8 , d) O 50.811.262 , , O 55 62 30 22.8 ST H \ v0 0 40 , 0 n o normal distribution table 2 :O -3 > → probability - - 0.1443 0.6443 # of finish less project in E- 68.7 - f ° 2 : " " + GP = table days 80 3.23 ? distribution 3.23 : probability i. → probability of finish = 0.994 project in less or 0.51-0.4994 : 0.9994 : g z 80-68.7 3.51 = normal from # 5--68.7 ° 2 : ? ✗ From normal GP table 2=6.07 " " = → 90-68.7 3.51 = distribution i. days :O St . : of finish probability 90 6.07 or less 0.499g 0.9999 # probability = 0.4999 project in 2. (Project Crashing Problem) Assume the project information that follows. Compute the total direct cost for each project duration. If the indirect costs for each project duration are $450 (21 time units), $400 (20), $350 (19), 300(18), $250 (17), and $200 (16), compute the total project cost for each project duration. What duration represents the lowest total project cost? What is the cost? Activity Immediate Predecessors A B C D E F G A A A C D B, E, F Time (Day) Direct Costs ($) 4 / g 0 A 0 S 5 B 14 9 9 18 ° I 1 13 C 13 C- 17 → → 8 6 S - 14 14 0 , 4 18 12 12 F 18 12 6 18 → 5 critical path total direct cost project completion total project A - day : : 80 18 G 21 18 3 21 D - F G -51-7+61-3=21 - - 901-1001-801-60 1-701-501-200=650 = cost 12 7 = % , 0 D S ✓ 20 0 7 \ ÷ 40 650 S S crash cost / Normal Crash Normal Crash 5 4 90 120 9 5 100 140 8 7 80 120 7 6 60 80 4 2 70 190 6 4 50 190 3 2 200 280 21 days 6501-410 : 1,100 indirect cost day ( 1st crash 3 D) S B 14 8 9 17 / O 0 A 0 S 13 C S 5 o o o C- 13 17 → → 8 5 S 4 13 17 G 20 17 3 20 , - 13 o 17 7 o \ o D g 11 - critical path A C : project duration - 0 4 6 17 option A G - c- - p I:-c D - E 60 = 130 = 110 80 = G ✓ 30 = c- D= 6701-400=1,070 80 : 9 / A 11 G - A) o 17 days : ' 0 F F 6501-20=670 : project cost ( 2nd crash D - 20 = total direct cost total E - - A 11 6 5 11 ) 4 B 13 7 9 16 4 4 o o C C- 16 → → 8 4 4 12 12 o - 12 12 4 o 16 G 19 3 19 , 16 16 7 O \ 4 o D 10 F 10 6 10 lb → 6 4 critical path : A C - A project duration = total direct cost total project cost - D 19 - - E F - - 10 G G days 6701-30=700 : : 7001-350=1,050 16 option A = c- D= c- - p i:-c D G - E 30 60 = 130 = 110 = : 80 80 ✓ lrionoisniirioboiooloizoid cgrd crash G) 3 / g 0 A B 13 7 9 16 12 12 C 4 8 C- 16 → → 4 o o o 4 4 4 0 4 12 - 4 12 , o lb G 16 16 18 18 2 7 0 \ 0 D 4 10 10 F 16 10 6 16 → 6 4 critical path A c : - A project duration 14th D - F - - option G A) G c- - ☒ = F I:-c * 7801-300=1,080 : = c- 7001-80=780 : project cost E days 18 = total direct cost total - - 10 - E 30 60 = 130 = 110 = ✓ 80 80 : crash 1=807 > / 0 A 0 4 4 B 13 6 9 15 u 4 4 C C- 11 11 Is → → 4 4 7 - 4 11 11 15 IS G 17 15 2 17 , 7 \ 4 D 10 10 F IS 10 5 IS → 4 critical path : A c - A project duration = total direct cost total project cost - D 17 - - E F - - = 10 option G A) G c- days 7801-110 : 6 c= 890 8901-250=1,140 - = ☒ F I:-c ☒ - E = 30 60 = 130 = 110 = , 80 go ✓ ugh crash £ & " ) y 0 A 0 4 4 B 13 g g 14 u 4 4 C 4 4 11 11 C- 14 → → 7 11 - 11 3 14 14 G 16 14 2 16 , 7 \ 4 D 10 10 F 14 10 4 14 → 4 project duration total direct cost project cost total i. 19 days The cost : 10 days 8901-130=1,020 : : 1.0201-200=1,220 lowest total duration represents the cost project 16 = 6 # $1,050 #