PRINCIPLES OF MANAGEMENT (MGT503)

ASSIGNMENT NO. 01
DUE DATE: 26TH JULY, 2016
MARKS: 10
Topic: PERT Network

Introduction:

PERT is a network planning method for managing and controlling large onetime projects. PERT is basically the Program Evaluation and Review Technique
that is widely used in construction projects for efficient management of
activities. Developing a PERT network requires that a manager must identify
all key activities needed to complete a project, rank them in order of
occurrence and estimate each activity's completion time. Major steps of
developing a PERT network are: identify every significant activity that must
be achieved for a project to be completed, determine the order in which
these events must be completed, diagram the flow of activities from start to
end, compute a time estimate for completing each activity. After using the
network diagram that contains time estimates for each activity, determine a
schedule for start and finish dates of each activity.

The Case:

Suppose you are the project manager in ABC Construction Company and you
have been assigned a task to oversee the construction of an office building.
By knowing the time value of money, you have to determine that how long it
will take to get the building completed. You have determined the specific
activities and events for project scheduling. Below table outlines the major
events in the construction of an office building project and the expected time
to complete each activity.
Event
Description
Expected Time
Preceding events
(in weeks)
A
Approve design
11
None
and get permits.
B

Dig.subterranean
garage.

Erect frame and

siding.

12

Construct floor.

Install windows.

Put on roof.

Install internal
wiring.
Install elevator.

D,E,F

Put in floor
covering and
paneling.
Put in doors and
interior
decorative trim.
Turn over to
building
management
group.

I,H

H
I

Required Questions:
Question 1:
With the help of given table, you are required to draw a PERT diagram
(name the nodes with reference to Event column not Description column).
(6)
Question 2:
You are required to calculate the time of critical path and identify the
complete critical path with reference to given activities.
(2+2)
Note:
You are strongly advised to watch tutorials on how to draw a PERT diagram,
uploaded in
Downloads section, before attempting the assignment. I hope these videos
will help you to attempt your assignment with its full essence.