Uploaded by Ibrahim Ghonimi

Assignment 1

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MISR UNIVERSITY FOR SCIENCE &TECHNOLOGY
Faculty of Engineering
Construction Department
CE 509 Decision Analysis in Construction
Dr. Ahmed Shaheen
Eng. Ibrahim Ghonimi
Fall 2021-2022
Find the value of the game for every Assignment
payoff matrix.
Example 1
Find the value of the game for this payoff matrix.
PLAYER II
PLAYER I
A
B
C
D
E
A
-5
5
0
-1
8
B
8
-4
-1
6
-5
Question 2
The following is a brief precedence diagram for a small project that contains main seven
activities.
The following table shows rates assigned to risks based on their assessed probability and
impact.
Activity
Concrete
Brick
Sanitary Ins
Electric Ins.
Wood & glass
Tiles
Plaster
Initial Price
3M
1M
2M
4M
4M
2M
2M
Probab.
0.3
0.1
0.05
0.2
0.2
0.1
0.15
Cost tol./m
15%
10%
5%
10%
30%
7%
9%
1. If after three months, the work stopped for one month. Compute the change in the
project total price considering all project items will increase and 25% overhead will be
added.
2. If after wall erecting the project stopped for three months. Compute the change in the
project total price considering concrete, electric ins, and wood/glass will increase, on the
other hand other items remained the same and 25% overhead will be added.
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