1- R. C. Coleman’s top management established a required 40-week completion time for the project. Can this completion time be achieved? Include probability information in your discussion. What recommendations do you have if the 40-week completion time is required? - Optimistic time (a) the minimum activity time if everything progresses ideally - Most probable time (m) The most probable time under normal conditions - Pessimistic time (b) The maximum activity time if significant delays are encountered - Expected time (t) The average time for the activity immediate optimistic Activity predecessors time A B C D E F G H I J K Activity A B C D E F G H I J K AB C C E C DFG DF H IJ ES 0 0 9 13 13 23 13 29 29 35 39 Critical Path: B-C-E-F-H-J-K 4 6 2 8 7 4 4 4 4 3 2 EF 6 9 13 25 23 29 21 35 36 39 43 most likely time 6 8 4 10 10 6 6 6 6 4 4 pessimistic time expected time variance 8 16 6 24 13 8 20 8 14 5 6 6 9 4 12 10 6 8 6 7 4 4 0.44 2.78 0.44 7.11 1 0.44 7.11 0.44 2.78 0.11 0.44 LS 3 0 9 17 13 23 21 29 32 35 39 LF 9 9 13 29 23 29 29 35 39 39 43 Slack 3 0 Critical 0 Critical 4 0 Critical 0 Critical 8 0 Critical 3 0 Critical 0 Critical Project completion time: 43 weeks Therefore, the 40-week completion time cannot be achieved. = 2.78+ 0.44+ 1+0.44+0.44+0.11+0.44 = 5.65 z-score = 40-43/5.65 *0.5 = -1.26 z score of -1.26 = 0.1038 Therefore, the probability of the project meeting the 40-week deadline is 10.38%. 2- Suppose that management requests that activity times be shortened to provide an 80% chance of meeting the 40-week completion time. If the variance in the project completion time is the same as you found in part (1), how much should the expected project completion time be shortened to achieve the goal of an 80% chance of completion within 40 weeks? Pr (T<=40) = 0.8000 Pr (0.8000- 0.5000 = 0.3000 Using table Z(x<= T <=40)= 0.84 (40 – x)/ 2.38 = 0.84 x= 38 Therefore, the project has to be shortened to 38 weeks to achieve the goal of an 80% chance of completion within 40 weeks. 3- Using the expected activity times as the normal times and the following crashing information, determine the activity crashing decisions and revised activity schedule for the warehouse expansion project Activity Normal time crash time Normal cost crash cost time to be crashed cost of crash cost of crash per period A 6 4 1,000.00 1,900.00 2 900.00 450.00 B C D E F G H I J K 9 4 12 10 6 8 6 7 4 4 7 2 8 7 4 5 4 4 3 3 1,000.00 1,800.00 1,500.00 2,700.00 2,000.00 3,200.00 5,000.00 8,000.00 3,000.00 4,100.00 8,000.00 10,250.00 5,000.00 6,400.00 10,000.00 12,400.00 4,000.00 4,400.00 5,000.00 5,500.00 45,500.00 60,650.00 2 2 4 3 2 3 2 3 1 1 800.00 1,200.00 1,200.00 3,000.00 1,100.00 2,250.00 1,400.00 2,400.00 400.00 500.00 400.00 600.00 300.00 1,000.00 550.00 750.00 700.00 800.00 400.00 500.00 potential path length A-C-D-I-K A-C-D-H-J-K A-C-E-F-I-K A-C-E-F-H-J-KA-C-G-H-J-K B-C-D-I-K B-C-D-H-J-KB-C-E-F-I-K B-C-E-F-H-J-K B-C-G-H-J-K cost Total crashing cost Total crashing week 33 36 37 40 32 36 39 40 43 35 crash J 1week 33 35 37 39 31 36 38 40 42 34 400 crash B 2 weeks 33 35 37 39 31 34 36 38 40 32 800 2250 5 crash K 1 week 32 34 36 38 30 33 35 37 39 31 500 crash F 1 week 32 34 35 37 30 33 35 36 38 31 550