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The following represents a project that should be scheduled using CPM: IMMEDIATE

ID: 364854 • Letter: T

Question

The following represents a project that should be scheduled using CPM: IMMEDIATE PREDECESSORS TIMES (DAYS) ACTIVITY a m b A — 1 2 3 B — 1 4 7 C A 2 8 11 D A 1 5 9 E B 1 2 3 F C,D 1 4 7 G D,E 1 2 3 H F,G 2 3 3 b. What is the critical path? B-E-G-H A-D-F-H A-C-F-H A-D-G-H c. What is the expected project completion time? (Round your answer to 3 decimal places.) Project completion time days d. What is the probability of completing this project within 20 days? (Do not round intermediate calculations. Round your answer to 4 decimal places.) Probability

Explanation / Answer

Following table presents calculated values of Expected duration and standard deviations of durations for all activities :

Activity

TIME ( DAYS)

Expected duration

Standard deviation

a

m

b

e = ( a + 4.m + b)/6

Sd = ( b - a)/6

A

1

2

3

2.00

0.33

B

1

4

7

4.00

1.00

C

2

8

11

7.50

1.50

D

1

5

9

5.00

1.33

E

1

2

3

2.00

0.33

F

1

4

7

4.00

1.00

G

1

2

3

2.00

0.33

H

2

3

3

2.83

0.17

The predecessor diagram as follows :

                                                                      A

B

     C

                        D

E

                                            F

                                    G

                                                                                  H

The possible paths and their corresponding cumulative expected durations as follows :

A-C-F-H = 2 + 7.5 + 4 + 2.83 = 16.33 days

A-D-F-H = 2 + 5 + 4 + 2.83 = 13.83 days

A-D-G-H = 2 + 5 + 2 + 2.83 = 11.83 days

B-E-G-H = 4 + 2 + 2 + 2.83 = 10.83 days

Out of above, A-C-F-H has the longest duration and hence forms the critical path with expected project completion time = 16.33 days

EXPECTED PROJECT COMPLETION TIME = 16.33 DAYS

Variance of the critical path = Sum of Variances ( t.e Standard deviation squared ) of A , C , F and H

Therefore Variance of critical path

= 0.33^2 + 1.5^2 + 1^2 + 0.17^2

= 0.1089 + 2.25 + 1 + 0.0289

= 3.3878

Hence, Standard deviation of critical path = Square root ( 3.3878 ) = 1.840

Let Z value corresponding to probability of completing the project in 20 days = Z1

Therefore,

Expected project completion time + Z1 x Standard deviation of critical path = 20

Or, 16.33 + 1.840.Z1 = 20

Or, 1.840.Z1 = 20 – 16.33 = 3.67

Or, Z1 = 3.67/1.84 = 1.99 ( rounded to 2 decimal places )

Value of probability for Z = 1.99 as derived from standard normal distribution table =0.9767

PROBABILITY OF COMPLETING THE PROJECT IN 20 DAYS = 0.9767

Activity

TIME ( DAYS)

Expected duration

Standard deviation

a

m

b

e = ( a + 4.m + b)/6

Sd = ( b - a)/6

A

1

2

3

2.00

0.33

B

1

4

7

4.00

1.00

C

2

8

11

7.50

1.50

D

1

5

9

5.00

1.33

E

1

2

3

2.00

0.33

F

1

4

7

4.00

1.00

G

1

2

3

2.00

0.33

H

2

3

3

2.83

0.17

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