PERT
Consider the following table:
Activity | Prec. Act | t0 | tml | tp | te |
A | - | 3 | 4 | 5 | 4 |
B | - | 5 | 8 | 11 | 8 |
C | A | 1 | 2 | 3 | 2 |
D | B | 2 | 5 | 8 | 5 |
E | B | 4 | 6 | 8 | 6 |
F | C,D | 1 | 1 | 1 | 1 |
G | E | 3 | 4 | 5 | 4 |
H | G,F | 2 | 3 | 4 | 3 |
1) Construct a PERT network.
[NOTE: This is the most crucial part of the exercise. Make sure you have the correct network before proceeding to the next sections.]
2) By using ES, EF, LF, LS, find the slack of each activity and the critical path.
3) Find the completion time and the standard deviation (σ) for the project— round off the standard deviation to the nearest hundredth: two decimal places.
4) What is the completion time at 95% and 99% confidence levels?
5) What is the likelihood of this project being completed earlier than 20 days?
5) Between 21 and 23 days?
Task | O | M | P | Te | Var^0.5 | Variance |
A | 3 | 4 | 5 | 4 | 0.333333 | 0.111111 |
B | 5 | 8 | 11 | 8 | 1 | 1 |
C | 1 | 2 | 3 | 2 | 0.333333 | 0.111111 |
D | 2 | 5 | 8 | 5 | 1 | 1 |
E | 4 | 6 | 8 | 6 | 0.666667 | 0.444444 |
F | 1 | 1 | 1 | 1 | 0 | 0 |
G | 3 | 4 | 5 | 4 | 0.333333 | 0.111111 |
H | 2 | 3 | 4 | 3 | 0.333333 | 0.111111 |
Activity | ES | EF | LS | LF | SLACK |
A | 0 | 4 | 11 | 15 | 11 |
B | 0 | 8 | 0 | 8 | 0 |
C | 4 | 6 | 15 | 17 | 11 |
D | 8 | 13 | 12 | 17 | 4 |
E | 8 | 14 | 8 | 14 | 0 |
F | 13 | 14 | 17 | 21 | 4 |
G | 14 | 18 | 14 | 18 | 0 |
H | 18 | 21 | 18 | 21 | 0 |
Critical path is BEGH with duration 21
Variance of critical path =1.6666
SD of critical path = (1.6666)^0.5 =1.29
Completion time at 95% confidence i given by
z = T-Mean/SD = T- 21/1.29
1.645 = T-21/1.29
T=22.665
Completion time at 99% confidence is given by
2.33 = T-21/1.29
T = 24
Note: As per policies, I can answer first 4 parts of a question. Inconvenience is regretted.
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