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Three Project Management Problems




Question;1. Embassy Club Condominium, located on the west coast of Florida, is undertaking a summer renovation of its main building. The project is scheduled to begin May 1, and a September 1 (17-week) completiondate is desired. The condominium manager identified the following renovation activities and their estimated times:ImmediateActivity Predecessor TimeA --- 3B --- 1C --- 2D A, B, C 4E C, D 5F A 3G D, F 6H E 4a. Draw a project network.b. What are the critical activities?c. What activity has the most slack time?d. Will the project be completed by September 1?2. At a local university, the Student Commission on Programming and Entertainment (SCOPE) is preparingto host its first rock concert of the school year. To successfully produce this rock concert, SCOPE has listedthe requisite activities and related information in the following table (duration estimates measured in days).Immediate MostActivity Predecessor(s) Optimistic Probable PessimisticA: Negotiate contract --- 8 10 15with selectedmusiciansB: Reserve site --- 7 8 9C: Manage travel A 5 6 10logistics for musicalgroupD: Screen & hire B 3 3 3security personnelE: Arrange advertising B, C 1 5 9& ticketingF: Hire parking staff D 4 7 10G: Arrange concession E 3 8 10Salesa. Draw the project network.b. Compute the expected duration and variance of each activity.c. Determine the critical path in the project network.d. What is the expected duration and variance of the critical path?e. What is the likelihood that the project will be completed within 30 days?f. If activity B is delayed by six days beyond its early start time, how does this affect the expected project duration?3. Doug Casey is in charge of planning and coordinating next spring?s sale management training program for his company. Doug listed the following activity information for this project:Time (weeks)ImmediateActivity Description Predecessor Optimistic Most Probable PessimisticA Plan topic --- 1.5 2.0 2.5B Obtain speakers A 2.0 2.5 6.0C List meeting --- 1.0 2.0 3.0locationsD Select locations C 1.5 2.0 2.5E Finalize speaker B, D 0.5 1.0 1.5travel plansF Make final check E 1.0 2.0 3.0with speakersG Prepare and mail B, D 3.0 3.5 7.0BrochureH Take reservations G 3.0 4.0 5.0I Handle last minute F, H 1.5 2.0 2.5detailsa. Draw a project network.b. Prepare an activity schedule.c. What are the critical activities and what is the expected project completion time?d. If Doug wants a 0.99 probability of completing the project on time, how far ahead of the scheduled meeting date should he begin working on the project?


Paper#46123 | Written in 18-Jul-2015

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