Consider the following activities for a project. Answer the questions below.
a. Assume the durations given are high confidence, create a network chart (don’t consider
resources yet), and identify the critical path. What is the duration of the project?
b. You aren’t quite ready to apply the critical chain project management yet, but you do want to
eliminate multi-tasking. Eliminate any resource contention in your network. Identify the critical
path now? What is the duration of the project?
c. Apply the critical chain project management approach to this project. Create a new view of
your project network, include a project buffer and any needed feeding buffers. What is the critical
chain? What is the duration of the project now?
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- What is/are the consequence(s) of positive slack or negative slack in execution of projects? How can they be prevented or encouraged? Give examples in support of your statements.arrow_forwardDevelop a CPM diagram for the activities/relationships listed below (assumedurations are in months). For each activity calculate the Early Start, Late Start, EarlyFinish, Late Finish, Total Float, and Free Float. Clearly identify the critical path forthe project (hint: a highlighter would be a good tool to use) How do you solve this? I don't understand how it's done.arrow_forwardOperation management project management, show all formulas & calculations.arrow_forward
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