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    Exercises On Project Management: Q N 1. A Project Schedule Has The Following Characteristics

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    mayen Dau
    This document contains three project management exercises involving PERT networks and crashing project schedules. The first exercise involves constructing a PERT network for a project with multiple activities and time estimates to determine the earliest and latest times, floats, critical paths, and probability of completing in 30 weeks. The second exercise involves drawing a network and crashing a construction project step-by-step to reach the shortest duration. The third exercise provides a network diagram and activity duration and cost estimates to calculate the least cost of crashing the project schedule by 3 days.

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    Exercises On Project Management: Q N 1. A Project Schedule Has The Following Characteristics

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    mayen Dau
    46 views3 pages
    This document contains three project management exercises involving PERT networks and crashing project schedules. The first exercise involves constructing a PERT network for a project with multiple activities and time estimates to determine the earliest and latest times, floats, critical paths, and probability of completing in 30 weeks. The second exercise involves drawing a network and crashing a construction project step-by-step to reach the shortest duration. The third exercise provides a network diagram and activity duration and cost estimates to calculate the least cost of crashing the project schedule by 3 days.

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    This document contains three project management exercises involving PERT networks and crashing project schedules. The first exercise involves constructing a PERT network for a project with multiple activities and time estimates to determine the earliest and latest times, floats, critical paths, and probability of completing in 30 weeks. The second exercise involves drawing a network and crashing a construction project step-by-step to reach the shortest duration. The third exercise provides a network diagram and activity duration and cost estimates to calculate the least cost of crashing the project schedule by 3 days.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    46 views3 pages

    Exercises On Project Management: Q N 1. A Project Schedule Has The Following Characteristics

    Uploaded by

    mayen Dau
    This document contains three project management exercises involving PERT networks and crashing project schedules. The first exercise involves constructing a PERT network for a project with multiple activities and time estimates to determine the earliest and latest times, floats, critical paths, and probability of completing in 30 weeks. The second exercise involves drawing a network and crashing a construction project step-by-step to reach the shortest duration. The third exercise provides a network diagram and activity duration and cost estimates to calculate the least cost of crashing the project schedule by 3 days.

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    © All Rights Reserved
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    of 3

    Engineering Economics & Management

    Exercises on
    Project Management

    Q N 1. A project schedule has the following characteristics.

    Activity i - j Most optimistic time Most likely time Most pessimistic


    time
    1–2 1 2 3
    2–3 1 2 3
    2–4 1 3 5
    3–5 3 4 5
    4–5 2 3 4
    4–6 3 5 7
    5–7 4 5 6
    6–7 6 7 8
    7–8 2 4 6
    7–9 4 6 8
    8 – 10 1 2 3
    9 – 10 3 5 7
    Construct a PERT network and find out:
    i. The earliest possible time (TE) to complete the different activities,
    ii. The latest allowable time (TL) for them,
    iii. The floats,
    iv. The critical paths, and
    v. The probability factor for completing the project in 30 weeks.

    Q. N #2
    The following table gives the activities in a construction project and other relevant
    in formations.

    Activity Preceding Days and $


    Activity TN(days) TC(days) CN($) CC($)
    1–2 – 20 17 600 720
    1–3 – 25 25 200 200
    2–3 1–2 10 8 300 440
    2–4 1–2 12 6 400 700
    3–4 1 – 3, 2 – 3 5 2 300 420
    4-5 2 – 4, 3 – 4 10 5 300 600

    Page 1 of 3
    Engineering Economics & Management

    1. Draw the network of the project.


    2. Crush the project step-by-step until the shortest duration is reached.

    Q.N # 4
    In the project network shown in the figure given below, the nodes are denoted by
    numbers and the activities by letters. The normal and crash durations of the
    various activities along with the associated costs are shown below:

    Activity Normal Duration Normal cost Crash duration Crash cost ($)
    (days) ($) (days)
    A 8 1800 6 2200
    B 16 1500 11 2200
    C 14 1800 9 2400
    D 12 2400 9 3000
    E 15 800 14 2000
    F 10 2000 8 4000

    Determine the least cost for 36 days schedule.

    Page 2 of 3
    Engineering Economics & Management

    EX #4

    Draw the network Diagram


    Calculate the least cost of crashing the project by 3days

    Page 3 of 3

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