Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
expand_more
expand_more
format_list_bulleted
Question
what are critical activities and critical path and why are they important? Please give a practical example if available.
One example can be like this, based on the university course
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by stepSolved in 4 steps with 1 images
Knowledge Booster
Similar questions
- what the correct answer All of the following are project management process groups except for which one? a. Initiating b. Monitoring and Controlling c. Implementing d. Planningarrow_forwardthere are four project baselines. Scope baseline Schedule baseline Cost baseline Performance measurement baseline Pick one of the baselines above, explain it, and tell us how it is applied to monitor and control a project. If possible, use the Getta Byte Project to provide examples.arrow_forwardthe ultimate measure of a man is not where he stands in moments of comfort, but where he stands at times of challenge and controversy. discuss the statement and support your answerarrow_forward
- Consider a project that has been modeled as in the table below. Part a) Draw the PERT/CPM network for this project and determine the project’s expected completion time μP and its critical path. Part b) Suppose the standard deviations of the activity durations are σA = 2, σB = 1, σC = 0, σD = 2, σE = 3, and σF = 0. Then please estimate the standard deviation of the overall project’s standard deviation σP . Part c) Suppose for the standard Normal random variable Z, we know P[−1 ≤ Z ≤ +1] ' 68%, P[−2 ≤ Z ≤ +2] ' 95%, and P[−3 ≤ Z ≤ +3] ' 99.7%. Then, approximately what time T is one for which there is only a less than 2.5% chance for the completion time to beat (be shorter than)? *Please answer a-c and type your work and answers or write them neatly please* Thank youarrow_forwardA T= 4 T= 3 F T= 3 T= 3 D E G T= 1 T= 2 T= 2 The network diagram of a project along with the activity durations (T) is given in the figure. Which activities form one of the critical paths? @orsdemir. Copyrighted Content. Cannot be posted. CDEG O ABF О СВF O CF O None of thesearrow_forwardI need solve this question in project managerarrow_forward
- Talk about the value of project scheduling and the challenges it presents. Talk about, describe, and define as necessary.arrow_forwardSuppose that you are assigned to a construction project which is planned to be build as early as possible. As a planning engineer you have to find the right sequence of activities in order to complete the project on time. Use Gantt (Bar) Chart and calculate total duration and determine the critical path of the project. Immediate Estimated Activity Predecessors Duration A 2 weeks A 4 weeks в 10 weeks D 6 weeks E 4 weeks S weeks 7 weeks 9 weeks 7 weeks 8 weeks 4 weeks E G D E, G F, I K 5 weeks 2 weeks 6 weeks м H N K, L Immediate Predecessor (Finish to Start) Construct Gantt Chart of the project.arrow_forwardneed the answer using excel. thanksarrow_forward
- Based on the case below, answer the following questions:The duration for the project is two year. Recall that PV is the planned value, EV is theearned value, AC is the actual cost, and BAC is the budget at completion.PV = 38,000EV = 40,000AC = 36,000BAC = 220,000(a) What is the Cost Variance (CV), Schedule Variance (SV), Cost Performance Index(CPI), and Schedule Performance Index (SPI) for the project?arrow_forwardA project consists of five activities listed below. The project network is shown for the activities. The critical path is B-C-E and the expected completion time is 8. Optimistic Most Probable Pessimistic Activity Time (hr) Time (hr) Time (hr) A Floor sanding 3 4 5 B Paint mixing 0.5 1 1.5 C Ceiling painting 1 5.5 7 D Wall painting 1 2 9 E Floor buffing 1 2 3 What is the probability that the project can be completed within 9 hr.?arrow_forwardM2: prepare and update a project management plan, using standard systems of time and resource tracking. can the answer for above question include a Gantt chart of a construction project please?arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,Operations ManagementOperations ManagementISBN:9781259667473Author:William J StevensonPublisher:McGraw-Hill EducationOperations and Supply Chain Management (Mcgraw-hi...Operations ManagementISBN:9781259666100Author:F. Robert Jacobs, Richard B ChasePublisher:McGraw-Hill Education
- Purchasing and Supply Chain ManagementOperations ManagementISBN:9781285869681Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. PattersonPublisher:Cengage LearningProduction and Operations Analysis, Seventh Editi...Operations ManagementISBN:9781478623069Author:Steven Nahmias, Tava Lennon OlsenPublisher:Waveland Press, Inc.
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Operations Management
Operations Management
ISBN:9781259667473
Author:William J Stevenson
Publisher:McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi...
Operations Management
ISBN:9781259666100
Author:F. Robert Jacobs, Richard B Chase
Publisher:McGraw-Hill Education
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning
Production and Operations Analysis, Seventh Editi...
Operations Management
ISBN:9781478623069
Author:Steven Nahmias, Tava Lennon Olsen
Publisher:Waveland Press, Inc.