Purchase Solution

Quantitative Analysis: Critical Path Method and PERT

Not what you're looking for?

Ask Custom Question

Questions are in attachment in better format with excel tables.

The Galaxy project consists of 8 interdependent tasks, labeled A through H. You've consulted experts, and have determined an optimistic, likely and pessimistic completion time (in days) for each of the tasks. The dependencies, and the times, are listed below.

Task Precursor(s) Optimistic Likely Pessimistic
A (start) 2 6 9
B A 18 19 20
C A 10 12 14
D A 12 18 24
E (start) 13 14 16
F B, C, D 8 12 16
G D, E 6 8 10
H F, G 17 20 21
(end) H
1. Draw a path diagram for the project.
2. Calculate the expected length of each task. Fill in the following worksheet.

Task Optimistic (O) Likely (L) Pessimistic (P) Expected Task

A 2 6 9
B 18 19 20
C 10 12 14
D 12 18 24
E 13 14 16
F 8 12 16
G 6 8 10
H 17 20 21

3. Use the following worksheet to determine the lengths of all possible paths. Determine the critical path. What is its length?
Path Expected Path Length
(Listing of tasks on the path)

The Mojo Project consists of 14 interrelated tasks, A through N. Their estimated normal completion times, normal costs, crash times and crash costs are given below. (Times in weeks; costs in thousands of dollars.)
Task Predecessors Normal Time Normal Cost Crash Time Crash Cost
A (start) 3 4 2 5
B (start) 5 6 4 7
C A 2 3 2 4
D A 4 8 3 10
E A 3 5 2 7
F B 9 14 7 16
G B 4 5 3 7
H C, D 4 7 2 9
I D 6 2 5 3
J F 12 10 11 15
K H 4 6 3 7
L E, I, J 10 18 8 20
M K, L 8 10 6 14
N G 7 5 6 8

Use an online application (http://sporkforge.com/sched/critical_path.php) to find the critical path, using the estimated normal times. Copy the output of the app into your upload as an image.

4. Which tasks are on the critical path?

5. What is the expected completion time of the project? Instead of being finished in 4 weeks, task D takes 8 weeks.

6. Which (if any) tasks should be crashed, to make up the lost time? Why?

7. What is the additional cost of crashing the project?

Purchase this Solution

Solution Summary

The problem set deals with drawing a critical path diagram and crashing a project.

Solution provided by:
Education
  • B. Sc., University of Nigeria
  • M. Sc., London South Bank University
Recent Feedback
  • "Thank you."
  • "thank you Chidi Ngene.. if you have any APA references would be great"
  • "Thank you so much for your help, your explanations were easy to understand and apply!"
  • "are you able to highlight the equations used either on the xlsx or a word doc as to how each graph was formed- overall looks fine i just need help understanding this myself"
  • "Chidi Ngene, M. Sc. Was extremely helpful as without the help and guidance I would have failed, but with the help I passed. I still have a lot to learn and in need of the guidance to understand and learn more on the subject. I would recommend Chidi Ngene and BrainMass to anyone that are in need of help. Thank you!!"
Purchase this Solution


Free BrainMass Quizzes
Basics of corporate finance

These questions will test you on your knowledge of finance.

Introduction to Finance

This quiz test introductory finance topics.

SWOT

This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.

Situational Leadership

This quiz will help you better understand Situational Leadership and its theories.

Understanding the Accounting Equation

These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.