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Project_Management_Solutions

The document outlines project management techniques using PERT and CPM, detailing network diagrams, project completion times, and critical paths for various problems. It provides calculations for expected times and variances for activities, as well as the critical paths and expected project lengths for specific scenarios. Additionally, it includes the analysis of project completion probabilities based on standard deviation.

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pjuillianne.lim
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2 views4 pages

Project_Management_Solutions

The document outlines project management techniques using PERT and CPM, detailing network diagrams, project completion times, and critical paths for various problems. It provides calculations for expected times and variances for activities, as well as the critical paths and expected project lengths for specific scenarios. Additionally, it includes the analysis of project completion probabilities based on standard deviation.

Uploaded by

pjuillianne.lim
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Project Management - PERT & CPM

Solutions
Problems 1 and 2

1. Network Diagram (AON)

2. Project Completion Time and Critical Path


Path Analysis:

Path 1: A -> B -> C -> E -> G = 3 + 4 + 2 + 4 + 2 = 15 weeks

Path 2: A -> B -> D -> F -> G = 3 + 4 + 5 + 3 + 2 = 17 weeks

(a) Project Completion Time: 17 weeks (Maximum path duration).

(b) Critical Path: A -> B -> D -> F -> G.


Problem 3: Jack's Floating Banana Party Company

(a) Network Diagram

(b) & (c) Critical Path and Expected Length


Path Analysis:

Path 1: A -> C -> E = 6 + 3 + 6 = 15 weeks

Path 2: B -> D -> E = 5 + 3 + 6 = 14 weeks

Path 3: B -> D -> F = 5 + 3 + 9 = 17 weeks

(b) Critical Path: B -> D -> F.

(c) Expected Project Length: 17 weeks.


Problems 4 through 8

4. Network Diagram (AON)

5 & 6. Expected Time and Variance for Each Activity


Formulas:

Expected time (te) = (a + 4m + b) / 6

Variance (Var) = ((b - a) / 6)^2

Activity Opt (a) Most Likely Pess (b) Exp Time Variance
(m) (te)
A 3 6 9 6.000 1.000
B 3 5 7 5.000 0.444
C 4 7 12 7.333 1.778
D 4 8 10 7.667 1.000
E 5 10 16 10.167 3.361
F 3 4 5 4.000 0.111
G 3 6 8 5.833 0.694
H 5 6 10 6.500 0.694
I 5 8 11 8.000 1.000
J 3 3 3 3.000 0.000

7. Project Completion Time and Critical Path


Path Analysis using Expected Times (te):

Path 1: A -> B -> D -> F -> H -> J = 6 + 5 + 7.667 + 4 + 6.5 + 3 = 32.167 weeks
Path 2: A -> B -> D -> G -> I -> J = 6 + 5 + 7.667 + 5.833 + 8 + 3 = 35.500 weeks

Path 3: A -> C -> E -> F -> H -> J = 6 + 7.333 + 10.167 + 4 + 6.5 + 3 = 37.000 weeks

Path 4: A -> C -> E -> G -> I -> J = 6 + 7.333 + 10.167 + 5.833 + 8 + 3 = 40.333 weeks

(a) Project Completion Time: 40.33 weeks (exactly 121/3 weeks).

(b) Critical Path: A -> C -> E -> G -> I -> J.

8. Project Completion Probabilities


Var(CP) = Var(A) + Var(C) + Var(E) + Var(G) + Var(I) + Var(J)

Var(CP) = 1.000 + 1.778 + 3.361 + 0.694 + 1.000 + 0.000 = 7.833 (47/6)

Project Standard Deviation (σ) = √7.833 = 2.7988 weeks

(a) Probability <= 38 weeks:

Z = (38 - 40.333) / 2.7988 = -0.8337

Probability = 0.2022 or 20.22%

(b) Probability <= 42 weeks:

Z = (42 - 40.333) / 2.7988 = 0.5955

Probability = 0.7242 or 72.42%

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