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- 8 EARNED VALUE ANALYSIS The following project is reported to be at the end of its 8 week. Find the cost and schedule variances. Also find the CPI, SPI, CSI, ETC and EAC for the project. Find the condition of the project at the this reporting period. PV AC Budget ($) Duration Actual Cost % D-8 Activity Predecessor (s) (week) ($) Complete 300 400 A 3 100 A3 В 4 200 180 100 B:4 C 7 250 300 90 A 8 600 400 50 400 200 В 40 150 180 F В 4 100 G C 4 100 200 40 500 H D, E 2 300 F, G 3 J H, I 1 100 ㅇ CO 프 (-)11. Using PERT, Adam Munson was able to determine that the expected project completion time for the construction of a pleasure yacht is 24 months, and the project variance is 4. Part 2 a) The probability that the project will be completed in 20 months = ______ (round your response to four decimal places)By using Bar chart planning method, find the following: - Total duration for the project activities shown below - The project completion date (assume the start date is 1/3/2012 Activity A CDEFGHI J Duration 85 2846 7 45 6 (days) Following Activity C,D EFGHIJJ * If the project shown above had a delay of (4 days after (13working days), what would its new delivery date be? B B
- Consider the office renovation project data in Table 7.16. A“zero” time estimate means that the activity could take a verysmall amount of time and should be treated as a numericzero in the analysis.a. Based on the critical path, find the probability ofcompleting the office renovation project by 39 days.b. Find the date by which you would be 90 percent sure ofcompleting the project.A company is willing to develop their rocket before the end of current financial year which is now 28 weeks away. The chief engineer of the company has decided to use PERT technique in order to plan, schedule and control program of development for the data given in table below. What is the probability that the program will be completed by the end of the current financial year? (all durations are in weeks). (i) G) Optimum Duration Most likely duration Pesimistic duration 1 2 3 8 13 3 2 8 4 3 8 10 4 7 10 3 6. 3 8 4 9 10 4 8. 4 9. 5 7 9. 12 6. 5 11 7 9. 14 8 4. 00 2.7. Contract requirements state that a project must be completed within 180 working days, or it will incur penalties for late completion. Analysis of the activity network reveals an expected project completion time of 145 working days with a project variance of 400. What is the probability that the project will be completed before the late-payment deadline? (select the closest answer) Select one: a. about 4% b. over 99% c. about 80% d. about 46% e. about 96%
- PROJECT PLANNING & SCHEDULING WITH GANNT CHART Given the activities of a project; their optimistic (to), most likely (tm) and pessimistic(tp) time estimates; and their immediate predecessors shown below:1. When is the earliest project completion?2. Which activities are critical (should not be delayed)?3. Which activities are noncritical (can be delayed)?4. How long can each of the activities be delayed without delaying the wholeproject (maximum slack)? Activities Activity Times,months ImmediatePredecessors Maximum Slack,months A 2 - B 3 - C 2 A D 4 B E 4 C F 3 C G 5 D, E H 2 F, GO O D 40 4 22:31 photo_2021-02-2... O By using Bar chart planning method, find the following: - Total duration for the project activities shown below - The project completion date (assume the start date is 1/3/2012 Activity A В CDEF GHIJ Duration 8 28 4 6. 4 5 6 (days) Following C,DEFGH Activity * If the project shown above had a delay of (4 days after (13working days), what would its new delivery date be? 7. 5,managerial implication of that probability? Approximate the probability that activity 3- 4 will have positive slack. What is the Find the length of the critical path and the project duration Compute slack for each event and find the critical path Compute the expected time and variance for each activity Draw the project network | 111. ii. 1i. 6. 3. 7. 2. 1. 5. 2-6 2. 1. 4 4 – 5 2 3 3. 6. 4. 1- 5 5. 3. 6. 2. 3. 1. 3 4 8. 1-3 5. 3. 1-2 to Activity to Activity 拜5 (a) Consider a project for which the following activities and time estimates in weeks apply: 2. 8. 21 4,
- Using PERT, Adam Munson was able to determinethat the expected project completion time for the construction ofa pleasure yacht is 21 months, and the project variance is 4.a) What is the probability that the project will be completed in17 months?b) What is the probability that the project will be completed in20 months?c) What is the probability that the project will be completed in23 months?d) What is the probability that the project will be completed in25 months?e) What is the due date that yields a 95% chance of completion?The following information has been computed from aproject:Expected total project time = T = 62 weeksProject variance (s2p ) = 81What is the probability that the project will be completed18 weeks before its expected completion date?B/U pe Activity A B D 11. A project has the activity duration and cost information indicated in the table where all times are in weeks. There is a penalty of $4,000 per week for every week the project exceeds 37 weeks. What is the lowest total cost for completing this project? Predecessor Time 18 11 A A B C E D Normal A H 12 15 3 19 Asbe de ABC' AMBBC RACE AB 7 8 12 6 Normal Cost Crash Time Crash Cost $22,000 $32,000 $62,000 $18,000 $35,000 $8,000 $23,000 $32,000 $56,000 $12,000 5 $18,000 19 $22,000 $9,000 $15,000 $5,000 $13,000 $20,000 $45,000 2 5 4