Lance Armstrong’s Bike Shop is behind on a custom bike and needs to crash 8 hours of time from the 8-step project. Draw the Network Diagram. Given the project table below calculate the crash cost for 8 hours of time-savings. Suppose Lance calls the customer and asks for a project extension, reducing the amount of time he needs to crash. Lance has a $20 crash budget. Is the budget sufficient to crash 4 hours of time?

The accompanying table shows the activities, times, and sequences required: ACTIVITY IMMEDIATE PREDECESSOR TIME (WEEKS) A 3 B 2 C 4 4 6 6 DEFGHH I ✔A-C-F-G- ? A-B-E-I b. What is the critical path? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.) ? A-D-H- ? A-D-F-G- B ✓C c. Suppose you want to shorten the completion time as much as possible, and you have the option of shortening any or all of B. C, D. and G each one week. Which would you shorten? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.) ✔A-D-H- A A A B ? A-B-E-I C, D D, F D E, G, H d-1. What is the new critical path? (You may select more than one answer. Single click the box with the question mark to…

b) – Draw the Activity-on-Node (AON) diagram using the following representation for every node: Activity Description Expected Time ES EF LS LF Slack C.) Complete the following table, determine the expected time of completion assuming that the project starts at week 0 (zero) and identify the critical path for this project. Demonstrate all your calculations. On Critical Path? Activity Activity Description ES EF LS LF Slack Yes or No Locate new facilities 2 Order furniture Interview prospective staff Hire and train staff 3 4. Remodel facilities Receive and set up furniture Move in and start up 6 7 a) Complete the following table, calculate the project variance and project standard deviation. Demonstrate all your calculations.

Power Builders Inc. is planning for an upcoming job with a large client.  They have listed the specific activities and steps to be performed, and estimated the time to complete each activity.  The activities involved in the job are listed below:         Activity       Description of Activity     Preceding Activity   Estimated Time Required (in weeks)   A B C D E F G H I J K   Planning Meeting Obtain Permit Inspect Damage Begin Repair Work Order Additional Materials Apply for Waiver Obtain Waiver Complete Electrical Work Build Interior Partitions Onsite Testing Meet With Client   -- A B A D E C, F D H G, I J   5 2 5 4 2 4 2 5 5 2 2   REQUIRED:   Prepare a Gantt Chart from the facts in this time budget.

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