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    Assignment-II - HU801B - B.Tech (CHE)

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    SnehasisDas
    This document contains an assignment with multiple questions related to project management. The first question involves calculating the average rate of return for two machines using annual average income after tax and depreciation, as well as annual average income after tax plus depreciation. The second question involves calculating expected times, variances, critical paths, and completion probabilities for a project with multiple activities. The third question involves finding the least cost schedule for a project given normal and crash times and crashing costs. The fourth question involves finding the resource schedule with respect to labor given activity durations, predecessors, and labor requirements, with only 3 men available.

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    Assignment-II - HU801B - B.Tech (CHE)

    Uploaded by

    SnehasisDas
    29 views2 pages
    This document contains an assignment with multiple questions related to project management. The first question involves calculating the average rate of return for two machines using annual average income after tax and depreciation, as well as annual average income after tax plus depreciation. The second question involves calculating expected times, variances, critical paths, and completion probabilities for a project with multiple activities. The third question involves finding the least cost schedule for a project given normal and crash times and crashing costs. The fourth question involves finding the resource schedule with respect to labor given activity durations, predecessors, and labor requirements, with only 3 men available.

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    This document contains an assignment with multiple questions related to project management. The first question involves calculating the average rate of return for two machines using annual average income after tax and depreciation, as well as annual average income after tax plus depreciation. The second question involves calculating expected times, variances, critical paths, and completion probabilities for a project with multiple activities. The third question involves finding the least cost schedule for a project given normal and crash times and crashing costs. The fourth question involves finding the resource schedule with respect to labor given activity durations, predecessors, and labor requirements, with only 3 men available.

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    29 views2 pages

    Assignment-II - HU801B - B.Tech (CHE)

    Uploaded by

    SnehasisDas
    This document contains an assignment with multiple questions related to project management. The first question involves calculating the average rate of return for two machines using annual average income after tax and depreciation, as well as annual average income after tax plus depreciation. The second question involves calculating expected times, variances, critical paths, and completion probabilities for a project with multiple activities. The third question involves finding the least cost schedule for a project given normal and crash times and crashing costs. The fourth question involves finding the resource schedule with respect to labor given activity durations, predecessors, and labor requirements, with only 3 men available.

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    © All Rights Reserved
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    Download as doc, pdf, or txt
    of 2

    ASSIGNMENT-II

    (For the students who will not appear for the 2nd Internal Examination on the account of
    joining in the job)
    B. Tech (Chemical Engineering)
    Semester: 8th
    Subject: Project Management
    Paper Code: HU801B
    Answer the following questions:
    1.) Following are the details of two new machines:
    Particulars
    Machine A Machine B
    Cost of the Machine
    Rs. 100000 Rs. 150000
    Installation costs
    Rs. 20000
    Rs. 25000
    Salvage value
    Rs. 10,000 Rs. 15,000
    Life of the machine
    5 years
    5 years
    Machine hours per year
    2000 hrs.
    2000 hrs.
    Output per hour
    10 units
    15 units
    Selling price per unit
    Rs. 10
    Rs. 10
    Material cost per unit
    Rs. 3
    Rs. 3
    Wages per machine hour
    Rs. 30
    Rs. 30
    Power charges per machine hour Rs. 2
    Rs. 2
    Repairs & Maintenance per year Rs. 10000
    Rs. 12000
    Supervision charges per year
    Rs. 12000
    Rs. 20000
    Other expenses
    Rs. 20000
    Rs. 40000
    Working capital
    Rs. 25000
    Rs. 30000
    Rate of tax
    @ 50%
    @ 50%
    Calculate the Average Rate of Return of two machines taking average investment as base and
    using the following methods:
    (i) Annual average income after tax and depreciation.
    (ii) Annual average income after tax plus depreciation
    and
    Advice the management the profitable machine.
    2.) The following table shows the activities, their immediate predecessors and time estimates of
    the project.
    Activity
    Immediate
    Predecessor
    Optimistic Time (to)
    (days)
    Most Likely Time (tm)
    (days)
    Pessimistic Time (tp)
    (days)

    B, D

    C, E

    C, E

    12

    10

    4.5

    2.5

    16

    12

    1.5

    17

    20

    20

    15

    16

    i)
    ii)
    iii)

    Calculate the expected time and variance of each activity of the project.
    Draw the network diagram, find the critical path and calculate the expected duration of
    the project.
    Assuming that the project completion time follows normal distribution. calculate the
    probability of completing the project in (a) 50 days and (b) 42 days
    Given the table value of z
    z
    0.92
    0.93
    1.18
    1.19
    Table value 0.3212 0.3238 0.3810 0.3830

    3.) From the given data find out the least cost schedule of the project.
    Activity

    Normal Time
    (Weeks)
    9
    5
    7
    4

    12
    23
    24
    34

    Crash Time
    (Weeks)
    4
    2
    3
    2

    Cost of Crashing
    (Rs. per Week)
    300
    400
    200
    200

    Time related overhead expenses for the project is Rs. 250.00 per week.
    4.) A project has 7 activities. The relationship between the activities, their duration and the
    labour requirement is as under
    Activity

    Preceding Activity

    Activity Duration
    (Weeks)

    Labour Requirement

    The project duration should not exceed beyond the minimum project schedule. Only 3 men are
    available for the project execution. Find the resource schedule with respect to labour.

    Note: All assignments are to be submitted latest by 10/05/2015

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