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1. Consider the following project tasks and their identified best, likely, and worst
case estimates of task duration. Assume the organization you work for computes
TE based on the standard formula. Calculate the TE for each of the following
tasks (round to the nearest integer):
5b. Now, assume that activity E has taken 10 days past its anticipated duration to
complete. What happens to the project’s schedule? Has the duration changed? Is there a
new critical path? Show your conclusions.
6. You are considering the decision of whether or not to crash your project. After
asking your operations manager to conduct an analysis, you have determined the
“pre-crash” and “post-crash” activity durations and costs, shown in the table
below:
Normal Crashed
Activity Duration Cost Duration Cost
A 4 days $1,000 3 days $2,000
B 5 days $2,500 3 days $5,000
C 3 days $750 2 days $1,200
D 7 days $3,500 5 days $5,000
E 2 days $500 1 day $2,000
F 5 days $2,000 4 days $3,000
G 9 days $4,500 7 days $6,300
a. Calculate the per day costs for crashing each activity
b. Which are the most attractive candidates for crashing? Why?
c. Calculate project costs by project duration. At what point does it no longer
make “cost sense” to continue crashing activities? Why? Show your graph.
7.
Time Estimates (d)
Activity Optimistic Most Likely Pessimistic
1&2 3 6 9
1&3 1 4 7
3&2 0 3 6
3&4 3 3 3
3&6 2 2 8
2&4 0 0 6
2&6 2 5 8
4
4&5 4 4 10
4&6 1 1 1
5&6 1 4 7
8.
Preceding Time Estimates
Activity activities (w)
a - 3
b - 1
c a 3
d a 4
e b 4
f b 5
g c, e 2
h f 3