Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

Discuss tools that are available for the planning and control of projects. These tools include WBSs, Gantt charts, and PERT/CPM networks.

In this assignment, you will design CPM and PERT networks to meet the requirements of an engineering firm. The firm needs solutions for the following problem:

One of the firm's existing projects needs to be completed earlier than planned. Use the following data and the critical path and PERT methods to answer the questions that follow. Use the "most likely time" estimate (m) as the time estimate for the CPM analysis.

Activity

Immediate Predecessors

Times in Days

a

m

b

A

None

1

3

5

B

None

1

2

3

C

A

1

2

3

D

A

2

3

4

E

B

3

4

11

F

C, D

3

4

5

G

D, E

1

4

7

H

F, G

2

4

6

• Draw the network.
• Describe the critical path using the CPM approach.
• Analyze what the estimated completion time using the CPM approach is.
• Analyze what the estimated completion time using the PERT approach is.
• Assess why the estimated completion times are not identical in the two approaches.

Under what circumstances would the CPM approach to developing a project plan be more appropriate? Under what circumstances would the PERT approach be more appropriate?

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92038954
  • Price:- $40

Priced at Now at $40, Verified Solution

Have any Question?


Related Questions in Operation Management

1 youre the owner of a fish company that advertises that

1. You're the owner of a fish company that advertises that 98.7% of the fish were caught within the past 36 hours and that all your products are 100% fresh. How many DPMO does this claim represent and at what sigma level ...

1 do a thorough swot analysis on the information technology

1. Do a thorough SWOT analysis on the information technology industry. 2. You are the hotel's liaison with the architects designing guest rooms for a new tower. Present them a list of the 10 most important items that mus ...

1 what were hyatt hotels corporationrsquos motives in

1. What were Hyatt Hotels Corporation’s motives in expanding its brand portfolio? 2. What are HHC's motives in choosing an internationalization strategy for its lower category Hyatt Place brand? 3. What modes of entry mi ...

Express your opinion about ios system determine the

Express your opinion about ios system. Determine the advantages and the disadvantages of the system. Develop your opinion based on : The ease of use Functionality Drill down Words count between 250 to 300 words.

Perhaps there is no greater case standing for the excesses

Perhaps, there is no greater case standing for the excesses of litigation than the McDonald's Coffee case. If you are not familiar with this case, Mrs. Stella Liebeck (79 years old) was riding shotgun in the McDonald's d ...

1 as a supervisor or manager how do you identify potential

1. As a supervisor or manager, how do you identify potential hires who possess intrinsic motivation, and how will you address what motivates employees in regards to job satisfaction? Is a paycheck an employee’s only moti ...

Question why does adr average daily rate base management

Question ; Why does ADR (average daily rate) base management decisions? Analyze the classifications, types, and plans of hotels, and discuss which you would prefer to manage (or work at) and why.

Hazardous waste trucking company carried on business as a

Hazardous Waste Trucking Company carried on business as a transporter of industrial-waste products to licensed waste-disposal sites. Liquid Waste Disposal Company carried on a similar type of business, but handled only l ...

For this assignment you will consider the most effective

For this Assignment, you will consider the most effective usage of both qualitative and quantitative risk assessments methods as applied to the provided Pepsi Refresh Project case study. Consider the parameters of the ca ...

What does yieldrevenue management entail what types of

What does yield/revenue management entail? What types of businesses, besides hotels and airlines, would benefit from revenue management? As a consumer, how do you view the practice? Describe the output of aggregate plann ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As