In: Operations Management
The estimated times and immediate predecessors for activities in a project are given below in the table. Assume that the activity time are independent.
Task Predecessor Optimistic Most Likely Pessemistic
Time (wks) time (wks) time (wks)
Architectural design -- 10 30 45
Software Architectural design 13 15 23
Compilg Software 2 3 4
Hardware Architectural design 15 20 25
Integration Software & Hardware 20 22 24
Bug fixes Integration 3 4 11
a) Draw an activity-on-node network diagram for this project.
b) Identify the critical path and estimate the expected time to complete the project.
c) What is the probability of finishing this project in 77 weeks?
EXPECTED TIME = (OPTIMISTIC TIME + (4 * MOST LIKELY TIME) + PESSIMISTIC TIME) / 6
VARIANCE = ((PESSIMISTIC TIME - OPTIMISTIC TIME) / 6)^2
ACTIVITY |
EXPECTED TIME |
VARIANCE |
A |
(10 + (4 * 30) + 45) / 6 = 29.17 |
((45 - 10) / 6)^2 = 34.0278 |
B |
(13 + (4 * 15) + 23) / 6 = 16 |
((23 - 13) / 6)^2 = 2.7778 |
C |
(2 + (4 * 3) + 4) / 6 = 3 |
((4 - 2) / 6)^2 = 0.1111 |
D |
(15 + (4 * 20) + 25) / 6 = 20 |
((25 - 15) / 6)^2 = 2.7778 |
E |
(20 + (4 * 22) + 24) / 6 = 22 |
((24 - 20) / 6)^2 = 0.4444 |
F |
(3 + (4 * 4) + 11) / 6 = 5 |
((11 - 3) / 6)^2 = 1.7778 |
CPM
ACTIVITY |
DURATION |
ES |
EF |
LS |
LF |
SLACK |
A |
29.17 |
0 |
29.17 |
0 |
29.17 |
0 |
B |
16 |
29.17 |
45.17 |
33.17 |
49.17 |
4 |
C |
3 |
45.17 |
48.17 |
73.17 |
76.17 |
28 |
D |
20 |
29.17 |
49.17 |
29.17 |
49.17 |
0 |
E |
22 |
49.17 |
71.17 |
49.17 |
71.17 |
0 |
F |
5 |
71.17 |
76.17 |
71.17 |
76.17 |
0 |
ES = MAX(EF OF ALL PREDECESSORS); 0 FOR FIRST ACTIVITY
EF = ES + DURATION
LF = MIN(LS OF ALL SUCCESSOR ACTIVITIES); MAX EF AS LF FOR LAST ACTIVITY
LS = LF - DURATION
SLACK = LF- EF
CRITICAL PATH = LONGEST PATH WITH 0 SLACK:
CRITICAL PATH = ADEF
DURATION OF PROJECT = 76.17
PROBABILITY OF FINISHING IN 77 WEEKS
VARIANCE OF CRITICAL PATH = SIGMA(VARIANCE OF THE CRITICAL ACTIVITIES) = 39.0278
EXPECTED TIME = DURATION OF THE PROJECT = CRITICAL PATH = 76.17
DUE TIME = 77
STANDARD DEVIATION OF CRITICAL PATH = SQRT(VARIANCE)
Z = (DUE TIME - EXPECTED TIME) / STANDARD DEVIATION OF CRITICAL PATH)
Z = (77 - 76.17) / SQRT(39.0278) = 0.13
PROBABILITY FOR A Z VALUE OF 0.13 = 0.5517
** Leaving a thumbs-up would really help me out. Let me know if you face any problems.